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Does Procurement Play a Role in Retail Recovery?

Retail TouchPoints

But supply chain disruptions resulting from the pandemic forced many store managers to go rogue and do whatever was needed to stay in business. The business model that most of us were raised to believe was normal for retail commerce — brick-and-mortar shopping locations — became a bit of an anachronism during the pandemic.

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Why Direct to Consumer Brands Struggle with Profitability

Indigo 9 Digital

Then there are those pesky returns. How often have you bought something online, then returned it without a second thought? For the retailer that’s a cost that eats into profits. We will need to generate and sustain increased revenue and manage our costs to achieve profitability. It’s expensive when you don’t have stores.

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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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Nike’s Growth & Marketing Strategy: How it Grew Into an Icon

Indigo 9 Digital

In 2018 Nike took another risk during its 30th anniversary marketing campaign. In 2018 Nike opened its House of Innovation 000 store. If you do subscribe to our retail trends newsletter to get the latest retail insights & trends delivered to your inbox 3. Carefully manage distribution. Just do it.

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7 Ways Amazon is Expanding Offline

Indigo 9 Digital

A sneak peek into the future was given when Amazon unveiled its first Amazon Go store to the public in 2018. If you do subscribe to our retail trends newsletter to get the latest retail insights & trends delivered to your inbox. Amazon is estimated to be the number one apparel retailer in the United States.

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The Downfall of Sears, 5 Reasons Why it’s Struggling to Survive

Indigo 9 Digital

Fast forward less than two decades later to 2018 when Sears was in so much financial hardship with declining sales and profits as well as mounting debt it filed for bankruptcy. Hedge fund manager Edward Lampert, who is also Sears’ former Chairman and CEO and largest shareholder, purchased the company in bankruptcy proceedings for only $5.2

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4 Elements of Amazon’s Strategy to Watch

Indigo 9 Digital

This acquisition adds to other moves Amazon has made in the healthcare sector including its purchase of PillPak, an online pharmacy, in 2018 for $753 million. In addition to getting more of your wallet, a service business like this has better margins than Amazon’s retail business and is less capital intensive. to 45,000 sq.