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Salesforce’s Top 5 Predictions for Holiday 2022

Retail TouchPoints

In the first quarter, the average selling price (ASP) increased by 11% in the U.S. For the 2022 holiday season, the trillion-dollar question is how do brands and retailers maintain growth, but do it profitably with an omnichannel approach? We also can’t ignore inflationary pressures. Shoppers will Buy Even Earlier to Avoid Price Hikes.

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With an Eye to the Future, Glossier Hires Three New Leaders

Retail TouchPoints

Seun Sodipo will take the CFO job in February 2022. Sodipo most recently led Product Finance and Strategy at Stripe and will bring her expertise in payments to Glossier’s Accounting and Finance teams. Current CFO Vanessa Wittman will help Sodipo transition into the position before retiring in spring 2022 to become a senior advisor.

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What luxury retailers need to know to succeed in the year ahead

Inside Retail

By 2021, luxury sales had fully recovered, rising 32 per cent to surpass 2019 numbers. The year 2022 was the second consecutive one of double-digit sales growth after the pandemic, with sales up 20 per cent, supporting 24 per cent growth in the 2019-22 period. What a difference a year makes. million millionaires).

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Why Cool Canada Looks Smokin’ Hot Right Now: A Market Overview

Rangeme

For certain in-demand products, yes, expansion to Canada can drive sales – even in today’s volatile market. export market, accounting for 17.9% ($310 billion U.S.) Market overview. May 13, 2022. Market size. Median Income by Country 2022. April 22, 2022. 11 World Population Review.

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How Southeast Asia’s DIY giants do home improvement differently

Inside Retail

Estimates of the size of the market in Thailand vary wildly but the top three players – Homepro, Siam Global House, and Central Retail’s Thai Watsadu – account for about 135 billion Thai baht ($5.8 The clear market leader in Thailand is Homepro, which operates 87 stores, plus seven in Malaysia.

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Dollar Tree Settles with Activist Investor, Appoints Former Dollar General CEO to Lead Board

Retail TouchPoints

In December 2021, Mantle Ridge pushed for an overhaul of the Dollar Tree Board, putting forward 11 nominees, including Dreiling and Hilal, and saying that the company “will benefit from a refresh of the membership of the Board.” stake in the company in March 2022 and promptly pushed for a slate of changes , including the sale of buybuy Baby.

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Analysis: Synergies begin to show after merger of SEA hypermarkets

Inside Retail

The retail and wholesale businesses accounted for a roughly even split of the company’s 219.6 Year-on-year sales growth on the retail side, which is now mostly accounted for by Lotus’s, is not available, since the base period was prior to the Lotus’s acquisition. billion baht ($9.4 billion) in sales through the first half of the year.

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