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Retail Statistics You Should Know

Small Biz Trends

Here are interesting data from the National Retail Federation report to help you assess how big the retail industry is: Retail supports 1 in 4 American jobs, which is over 50 million American workers. The contribution of the retail industry reaches around $1 trillion Direct Labor Income. economy is retail, now you know.

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Forever 21: 4 Reasons it Failed & Filed for Bankruptcy

Indigo 9 Digital

Source: Bloomberg "[Forever 21] has lost much of the excitement and oomph which is critical to driving footfall and sales and is now something of an also-ran which is too easily overlooked," said Neil Saunders, the managing director of GlobalData Retail. The expansion was planned even though Forever 21’s sales were flat in 2016.

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3 Elements of Amazon’s Clothing Strategy to Watch

Indigo 9 Digital

Gap’s sales volumes has been falling, and the brand is losing market share,” said Neil Saunders, managing director of retail at GlobalData. This allows us to offer more selection without requiring customers to sift through racks to find that right color, size and fit,” said Simoina Vasen, managing director of Amazon Style.

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Nordstrom Leaves Canada, 9 Reasons Why

Indigo 9 Digital

When Nordstrom was planning its entry into Canada right round the time these luxury online retailers were getting started Nordstrom may have been unaware of these competitors or it may have underestimated how many consumers would flock to these sites. Then Saks Fifth Avenue entered the Canadian market in 2016. Do you like this content?

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Introducing 20 RangeMe Brands Fast-Tracked Into KeHE’s DIVERSEtrade™ Program

Rangeme

Nearly 200 suppliers pitched their products to KeHE’s Category Management team, who chose a whopping 20 brands to add to their assortment. We loved working with our KeHE Category Manager and hope other brands get to participate in this great program!”. In 2016, Roya Shadravan discovered she had a brain tumor. Sarah’s Homegrown.

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11 Things to Know About China’s eCommerce Market

Indigo 9 Digital

billion annual active customers last year while JD.com had 552 million active accounts in the year ended September 2021. In fact, we saw the acceleration of offline retail as well—there’s more of a shift toward a true omnichannel integration.”. Alibaba has a 47.1% Alibaba had 1.3 China’s eCommerce sales growth is slowing.

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The Benefits & Cons of Selling on Amazon, 10 Factors to Consider

Indigo 9 Digital

If an organization decides to enter Amazon’s FBA program they send their inventory to Amazon then Amazon manages storage of the inventory within its facilities, shipping and customer service (including returns). If you do subscribe to our retail trends newsletter to get the latest retail insights & trends delivered to your inbox.