Remove 2023 10
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As Millennials grow up, their toddlers and tweens present a new target market

Inside Retail

In the early 2010s, the Millennial generation gave rise to a slew of direct-to-consumer brands, such as Everlane, Warby Parker and Bonobos. The generational disruptors Born between 1980-1995, Millennials are known for their thoughtful purchasing habits that place brand value and actions ahead of tradition, according to IMARC market research.

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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%

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Grove Collaborative Names Zulily and Shopbop Alum New CEO

Retail TouchPoints

Sustainable CPG brand Grove Collaborative is making some major leadership changes to follow through on its vision for future growth and market expansion. This news follows Grove’s earnings results for Q2 2023, which ended June 30, 2023, and includes a 16.6%

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Claire’s Unveils Ongoing European Market Expansion

365 Retail

Today Claire’s Holdings LLC announces continued expansion within the European retail market, bringing the fashion accessories powerhouse to even more consumers across the globe. Claire’s opened its first Italian store in November 2012 in Milan and today has more than 40 stores open within the market.

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DTC Brands Forge Unique Paths to Growth

Retail TouchPoints

As many direct-to-consumer brands are learning, there is no one-size-fits-all strategy for growth. After all, there are so many channels and touch points available that can help brands acquire new customers, test new markets and expand their reach. Using Data to Unlock Expansion Opportunities.

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Study eyes grocers’ long-term future

Mass Relators

Grocers will rise or fall based on their ability to align themselves to the dominant demographic, cultural, economic and technological trends that will slowly reshape the market context over decades to come. Only when income exceeds $150,000 per year do finances even out with health and the environment as sources of stress for consumers. •

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Reinventing the phone shop: Dialling up the experience

Retail Gazette

In fact, the number of high street phone shops has plummeted 38% over the past five years, dropping from just over 10,000 in 2017 to just over 6,000 in 2023, data from the Local Data Company shows. We’re stepping into a new space,” explains Samsung omnichannel and marketing director Annika Bizon.