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Asda: Ex-supply chain boss becomes latest exec to return

Retail Gazette

Asdas former supply chain boss Gavin Chappell has returned to the supermarket chain after 10 years. Chappell first joined the supermarket in 2009 as vice president of supply chain for Asda.com and stepped down in 2015. Chappell is the latest in a series of former Asda executives to return to the business in recent months.

Returns 96
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Scarred by the 2008 Recession and COVID, 48% of Gen Z Frequently Shops at Discount Stores

Retail TouchPoints

That sense of unease is to be expected from a cohort shaped by both the 2008-2009 Great Recession and the COVID pandemic, and it’s had a big impact on their shopping choices: nearly half ( 48% ) say they shop the most often at discount/off-price retailers, and 25% frequently patronize dollar stores.

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What Recommerce can Teach Retailers About New Consumer Behaviors and Future-Proofing Sales

Retail TouchPoints

It’s an important secondary market for returned goods, helping retailers reduce waste and recover cost, especially as returns increase in step with ecommerce growth. Here’s how brands can marry sustainability with returns optimization to get better ROI out of what they’ve already invested in — chiefly, their products.

Consumer 325
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Global luxury sales could return to pre-Covid levels this year, Bain says

Inside Retail

Bain now sees a 30 per cent probability that sales of high-end handbags, clothes and jewellery will return to or exceed their 2019 level of US$340 billion this year, depending on how quickly vaccines are rolled out and tourism picks up. Reporting by Silvia Aloisi, Editing by Gabriela Baczynska , of Reuters.

Returns 147
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Can Premier replicate Smiggle’s UK success with pyjama brand Peter Alexander?

Inside Retail

The pyjama brand and its mascot Penny are set to touchdown in the United Kingdom with two bricks-and-mortar stores and a dedicated UK website just in time for the Christmas shopping period this year. This will be the first time Peter Alexander ventures outside of Australia and New Zealand since its failed entry into the US market in 2008.

Apparel 243
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What to Learn from China’s Singles’ Day and Spring Festival Going Into 2022

Retail TouchPoints

Since the infamous shopping holiday was created and marketed by Alibaba in 2009, there has been no slowing down. Singles’ Day, also known as Double 11, is now the world’s largest shopping holiday, with advertisers seeing incredible returns. The success of Singles’ Day in China is no secret. trillion by 2028.

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Revolve SVP’s playbook for going global and the importance of localisation

Inside Retail

The decision follows the success of a pop-up shop that Revolve and its sister site FWRD opened in the same location last December. In 2008 and 2009 we had a lot of customers from around the world knocking on our door wanting to purchase from us, however, we didn’t ship to [every] country. Now we offer free returns in Australia.