article thumbnail

More Private Label, Smaller Store Footprints: How COVID-19 Is Accelerating Existing Retail Trends

Retail TouchPoints

in 2014 to 40% in 2019. Even though discount products still make up the bulk of the category, the share of premium private label goods climbed from 15.7% over the past three years. Additionally, the percentage of consumers willing to pay the same or more for private labels over name-brand products rose from 34%.

article thumbnail

How a Popular Beauty Blog Turned into Glossier

Indigo 9 Digital

Weiss then translated a dedicated millennial readership as well as an Instagram following into a set of loyal customers when she launched Glossier in 2014. The blog also enabled her to gain a deep understanding of what types of beauty products customers want. Glossier was valued at $1.8 billion in 2021 and now can also be found at Sephora.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Ways to Make Your Retail Store Grow Faster

Indigo 9 Digital

In 2014 Starbucks introduced a complete tuition reimbursement program for employees located in the United States who worked at least an average of 20 hours per week. If you do subscribe to our retail trends newsletter to get the latest retail insights & trends delivered to your inbox 4. Start selling food.

article thumbnail

The Top 40 Jack Ma Quotes on Business, Leadership & More

Indigo 9 Digital

These lines of business are so successful that Alibaba’s IPO in 2014 remains the largest IPO in history raising $25 billion. If you do subscribe to our retail trends newsletter to get the latest retail insights & trends delivered to your inbox. Take a look at his advice on leadership, failure, success and more.

article thumbnail

Dollar Tree’s Strategy, 3 Actions its Taking to Stay on Top

Indigo 9 Digital

Dollar Tree bought Family Dollar in 2014 for close to $9 billion but it has struggled to turn the chain around. If you do subscribe to our retail trends newsletter to get the latest retail insights & trends delivered to your inbox 3. Dollar Tree also began to renovate 800 Family Dollar stores last year.

Grocer 52
article thumbnail

eCommerce and its Profitability Issue. Why its So Hard to Make Money

Indigo 9 Digital

Take mattress retailer Casper. Since Casper launched in 2014 it has yet to make a profit. The retailers that are fighting for their survival also need to expand their vision of who they are and what they can be or they are at risk of being left behind. This process of ordering and returning goods is very expensive.

article thumbnail

Nordstrom Leaves Canada, 9 Reasons Why

Indigo 9 Digital

Nordstrom launched in Canada with one store in 2014 and by 2023 it had 13 stores (six full line stores and seven Rack stores), hardly moving at a breakneck speed. The trend towards smaller store formats arose well after Nordstrom made its initial plans for the Canadian market. Do you like this content? Demographics. business."

Apparel 97