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Interview: How Wish aims to compete with rivals Shein and Temu

Retail Gazette

The US website shot to fame in 2018 for its cheap prices – and incredibly long delivery times – and quickly became the most downloaded shopping app worldwide, doubling its revenue that year alone to £1.5bn ($1.9bn). The San Francisco-based platform shipped its vast array of discounted products straight from their factories. “[The

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10 Online Business for Sale in June

Small Biz Trends

Established in 2018, this Decor Rental and Balloon Business has solid brand visibility and booked clients. The business allows you to run it from anywhere with management carried out via email and WhatsApp/Skype. As a drop-shipping operation, this Home Decor Ecommerce Business ships 98% of its orders directly from the supplier.

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How Worthy Conquered Mistrust Issues In Jewelry Resale

Retail TouchPoints

The luxury end of the secondhand market, estimated to be worth approximately $24 billion in 2018, was projected to grow by 41% to $34 billion by 2021, representing a growth rate 4X the sales of new luxury goods, according to research from Altagamma, GCG and Luxe Digital. That’s where Worthy comes in.

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Guest Post: Elevate Your Business’ Customer Service With the Help of QR Codes

Hyken

This week, we feature an article by Claron Kinny, SEO Outreach Specialist at Beaconstac , a company that creates and manages QR codes for brands for an immersive offline and online CX. Even before the pandemic, usage of QR codes increased by 96% between 2018 and 2020, highlighting its importance in this digital era. To sum it up.

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What are Retail Markdowns?

Wiser

Inventory management will rarely be the only thing that makes a retailer successful, but it can absolutely be the something that breaks you. Knowing what your customers like is one thing, but understanding how much of each item you need on shelves and how to price them is where inventory management can go awry. Don’t believe us?

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Marks & Spencer’s Turnaround Strategy, Why it’s Working

Indigo 9 Digital

Marks & Spencer is in the midst of a multi-year transformation that former CEO Steve Rowe began in 2018 and it’s working. Marks & Spencer plans to lean more into its food offerings in the future. But despite claims that it can’t turn things around Marks & Spencer is proving it’s too soon to count it out.

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6 Reasons Walmart’s eCommerce Strategy is Winning

Indigo 9 Digital

This service is also beneficial for consumers worried about their goods being stolen after they are dropped off. 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. More than 1.7