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Data: Lidl hits record market share, as Asda nosedives

Retail Gazette

Lidl has achieved a new UK record market share hitting 8.1%, according to new data from Kantar, as Asda’s share plunged 0.8 of the overall grocery market, or 3% in London. percentage points in market share since last year, hitting 27.6% percentage points in market share since last year, hitting 27.6% 34,107 100.0%

Marketing 102
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How to Adapt Your Ecommerce Business to Increase Sales in 2021

Retail TouchPoints

It’s estimated that these figures will continue to rise gradually in 2021, due to the ongoing prevention methods put in place internationally along with the changes in consumer spending habits. As we know, the greatest expert in dynamic pricing is Amazon, which can change its prices every 10 minutes. Growing Trends in 2021.

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BNPL: A Win-Win for Retailers and Consumers as the Holidays Approach

Retail TouchPoints

With retailers already pushing out holiday sales to entice consumers to buy early and avoid delivery delays due to supply chain congestion, one tactic that they will lean on to entice customers is buy now, pay later (BNPL). BNPL Can Have an Effect on Consumers and Retailers.

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Battle of the sportswear brands: Why Chinese consumers are going local

Inside Retail

Late last year brought a symbolic event in the athletic footwear business in China: it was the return of the Shanghai Marathon, scratched in 2021, which attracted a record 18,000 runners and was won, both in the men’s and women’s divisions, by Chinese athletes. Sometimes, that nationalism can rebound on the Chinese brands themselves.

Consumer 130
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Retail Sales of ‘As Seen On TV’ Products Set to Explode Post-COVID

Retail TouchPoints

There is an old axiom in the ASONTV industry that for every product purchased via 1-800, another 10 are sold in retail. Given unprecedented levels of ASONTV spend in 2020, there will be a significant pent-up consumer demand for these extensively advertised products. This is the vast majority of what ASONTV marketers buy.

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Inside the Metaverse Mania: Experts Identify 4 Key Challenges and Opportunities

Retail TouchPoints

But while it was one of the buzziest topics of 2021, and looks to stay that way in 2022, the metaverse itself isn’t a new concept. With it will come the meta-economy, which will power new opportunities for work, wealth, status and identity, and will impact how consumers communicate, play, shop and learn.”. 1: Infrastructure.

Consumer 268
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The ROI of chargeback guarantee fraud prevention

Inside Retail

The global chargeback volume is estimated to have reached $615 million in 2021. That number highlights the dual nature of e-commerce’s rapid growth – it’s a land of endless possibilities not just for businesses and consumers but also for fraudsters. Pre-Riskified, 5 to 10 per cent of transactions required manual review.