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Top 10 Trends Driving Retail Growth

Retail TouchPoints

But if you’re interested in what’s driving retail growth right now, in 2022, you’ve come to the right place. There are 10 Trends unfolding before us right now, very much worth watching. In the ChaseDesign Q1 Shopper Sentiment Survey, 85% of people said, “I plan to shop in physical stores more in 2022 than last year.”

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Liverpool ONE Achieves Its Most Impressive Year Opening Since 2018

365 Retail

The first week of January 2024 witnessed a 10% surge in visitor numbers compared to the same period in 2023, marking the best start to a year in over half a decade for the shopping destination. increase from 2022. The festive season alone drew in over 3.9 million visitors, a 1.9% Early data indicates a 3.5%

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Liverpool ONE reports strongest start to the year since 2018

A1 Retail

Grosvenor has reported that 2024 is already expected to top last year’s successes experienced at Liverpool ONE, with a 10 percent increase in visitor numbers during the first week of January 2024 versus 2023, representing the destination’s strongest start to a year in more than five years. percent uplift from 2022 figures.

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Pret A Manger back in the black for the first time since 2018

Retail Gazette

Pret A Manger has returned to profitability for the first time since 2018 driven by the success of its subscription service. in the year to December 2022, up from a loss of £225.9m recorded in 2018. redemptions globally in 2022, up two-thirds year-on-year. in the previous year, according to its latest annual accounts.

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World Cup consumer spending expected to be 17% down on 2018 Tournament

A1 Retail

Ongoing cost-of-living crisis and winter tournament lead to £413 million drop in spend vs. 2018. Hospitality spend set to be down 10% on 2018 tournament at £395 million . The 2022 World Cup Spending Report by VoucherCodes.co.uk million) in preparation for the big games – sales in all categories have fallen vs. 2018.

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How Michaels Reconfigured its Fulfillment Models to Dramatically Enhance Ship-From-Store Performance

Retail TouchPoints

At the beginning of 2022, the retailer had more than 1,000 active ship-from-store (SFS) locations, and Michaels’ order allocation system would “simply attempt to fill complete [orders] and source close to the customer’s ship zone,” said Luke.

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Delicia fined after admitting breach of Franchise Code

Inside Retail

The company admitted its failure to provide franchisees with a copy of its annual marketing fund financial statement for the financial year ending on June 30, 2022. Launched in 2018, the franchise currently has 10 locations. Delicia Franchising is the franchisor of Delicia Acai + Protein Bar – a health food and beverages bar.

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