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15 Facts You Need to Know About StockX the Billion Dollar Resale Platform

Indigo 9 Digital

But when StockX launched in 2016 it made reselling goods even easier. Traditional retailers are not sitting back watching this market grow. If you do subscribe to our retail trends newsletter to get the latest retail insights & trends delivered to your inbox. Do you like this content?

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Forever 21: 4 Reasons it Failed & Filed for Bankruptcy

Indigo 9 Digital

Shein, another ultra fast fashion retailer, adds between 500 to 2,000 new items on its website every day. Shein is vertically integrated allowing it to go from design to shipping in as little as three days. Commenting on the growth of Shein TechCrunch wrote : “[Shein] manufactures in China as many apparel retailers do.

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6 Reasons Walmart’s eCommerce Strategy is Winning

Indigo 9 Digital

We also believe that by using stores effectively, Walmart mitigated some of the higher costs associated with the online channel” said Neil Saunders, Managing Director at GlobalData Retail. Lowest prices” came in second and “fast shipping” came in eighth place. Customers love it but it’s costly for retailers.

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6 of the Top Reasons Online Businesses Fail

Indigo 9 Digital

An innovative idea and a slick website might get customers excited but many founders eventually realize it’s actually pretty hard and expensive to acquire customers when you don’t have any retail stores. And when your customers demand free shipping or when return costs add up a promising business can be put into jeopardy pretty quickly.

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5 Examples of the Store of the Future

Indigo 9 Digital

For more visions of what the future holds consider how these five retailers are reimagining the in-store shopping experience. The Chinese eCommerce giant made a move into physical retail in 2016 by opening a chain of futuristic supermarkets called Hema or Freshippo in English. Fast shipping. Do you like this content?

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Tim Hortons’ Turnaround Strategy, Why it’s Working

Indigo 9 Digital

in 2016 to -1.5% Or in the process of trying to turn the ship around many companies make a number of missteps as they desperately try to improve operations. It sounds like an ambitious goal, but it’s really quite manageable,” said Peter Yu, chairman of Tim Hortons China. “ The Chinese market is absolutely a compelling market.

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Rethinking Retail Fulfillment – the key to Navigating a Post-Brexit Supply Chain

Retail TouchPoints

For example, as of January 1, 2021, EU consumers buying a product from a UK-based retailer now have to pay charges, including import duties and courier or postal handling fees, following Britain’s exit from the Customs Union and Single Market. Christophe Pecoraro is Managing Director, PFS Europe .