Retail TouchPoints

NOVEMBER 10, 2022

Global ecommerce rose from 15% of total retail sales in 2019 to 21% in 2021. It now sits at an estimated 22% of all sales, according to a 2022 Morgan Stanley global ecommerce forecast report , which notes that “Over the long term, the ecommerce market has plenty of room to grow and could increase from $3.3 trillion today to $5.4

Consumer 305

Consumer Advertising Shrinkage Planning 305

Retail TouchPoints

SEPTEMBER 17, 2022

The Consumer Financial Protection Bureau (CFPB) is planning to start regulating buy now, pay later (BNPL) products. of BNPL transactions in 2019 but fell to 58.6% Buy Now, Pay Later is a rapidly growing type of loan that serves as a close substitute for credit cards,” said Rohit Chopra, Director of the CFPB in a statement.

Consumer 232

Consumer Payment Services Apparel Accounting 232

Retail TouchPoints

AUGUST 3, 2021

Sweaty Betty makes more than 80% of its revenue through the direct-to-consumer channel, which was a boon during the 2020 lockdowns. The acquisition of Sweaty Betty complements our strategic shift over the last several years from a traditional footwear wholesaler into a consumer-obsessed, digital-focused growth company.

Marketing 306

Marketing Apparel Wholesale Consumer 306

Retail TouchPoints

JUNE 2, 2022

“We are emerging from the pandemic a much stronger, more profitable company than we were at the time of our IPO in 2019,” said the company’s President and CEO Chip Bergh in a statement. “We To hit the $10 billion mark in the next five years, the company plans to increase DTC revenues from their current 36% of the total to 55%.

Planning 251

Planning Wholesale Location Marketing 251

Retail TouchPoints

DECEMBER 2, 2021

The off-price retailer announced plans for 1,050 new store openings, 1,750 store remodels and 100 store relocations; the launch of 1,000 pOpshelf locations by fiscal 2025; and the company’s entrance into Mexico with 10 stores in fiscal 2022. Dollar General is preparing to embark on a massive expansion as it comes off a strong Q3 2021.

Planning 282

Planning Location Consumer Marketing 282

Retail TouchPoints

OCTOBER 28, 2020

A new study from OpenX and The Harris Poll predicts a rise in both consumer spending and marketing budgets for Q4 and 2021. consumers in late July (as well as 391. B2C marketers and 111 B2B marketers), revealed key insights about consumer spending patterns and behavior. The survey, which polled 1,000 U.S.

Consumer 191

Consumer Planning Shopping Marketing 191

Retail TouchPoints

NOVEMBER 17, 2021

It’s the question every retailer wants the answer to: what do consumers (and more specifically, those likely to buy their products) really want? The day kicked off with a keynote presentation by Jeff Orschell, EY Americas Practice Leader: “Bottom line for retailers is that change is still happening, consumer behavior is still changing.

Consumer 311

Consumer Shopping Shipping Planning 311

Indigo 9 Digital

NOVEMBER 16, 2023

By Tricia McKinnon Over the past decade direct-to-consumer businesses have popped up in nearly every corner of the retail sector. From mattresses sold by Casper to prescription eyeglasses from Warby Parker ambitious founders have taken a page from Amazon’s playbook hoping to sell goods directly to consumers online. million and $58.5

Consumer 98

Consumer Returns Advertising Marketing 98

Retail TouchPoints

JULY 7, 2022

That’s because it’s the “everyday” influencers — creators who are making content as a side hustle rather than as a full-time job — who are able to truly, deeply engage with consumers. The content they’ve created never could have come out of working with an agency — we couldn’t really even have planned or imagined what they created.”.

Marketing 284

Marketing Social Commerce Consumer Management 284

Retail TouchPoints

MARCH 23, 2022

Nike is pushing forward with its digitally focused direct-to-consumer strategy following a strong Q3, with plans to build “the marketplace of the future” and bring standalone Jordan stores to North America. To that end, Nike plans to begin testing a new Jordan-only store concept in North America in 2023.

Planning 273

Planning Wholesale Sporting Goods Accounting 273

Retail TouchPoints

AUGUST 30, 2021

The spring and early summer was an optimistic time for many consumers who finally emerged from lockdowns looking to refresh their wardrobes and find items suited for smaller local outings during the warmer months. compared to Q2 2019. Macy’s Q2 performance was another success story, with comparable sales up 61.2% year-over-year and 5.8%

Consumer 322

Consumer Fulfillment Department Stores Sporting Goods 322

Inside Retail

SEPTEMBER 19, 2022

Now the company’s founder has disclosed, in an interview with Inside Retail , plans to treble its store network within five years, add another 10 brands to its portfolio, and expand abroad – all while preparing for a potential IPO. A lucrative market for affordable fashion. H&M, which has 12 stores in the country, recorded 4.4

Fashion 130

Fashion Planning Marketing Management 130

Retail TouchPoints

NOVEMBER 4, 2021

Despite having just officially begun, this holiday shopping season already is marked by supply chain disruption, persistent inflation and mixed consumer confidence. And just like last year, it looks like consumers will respond by turning to ecommerce.

Consumer 264

Consumer Merchant Services Payment Services Drop-Shipping 264

Retail TouchPoints

APRIL 18, 2023

Now Flip is planning an “aggressive” expansion beyond the beauty category in the coming months that is likely to enlarge both its brand portfolio and its user base. “I It was “a normal ecommerce marketplace, not rocket science,” said Agha, but what his marketplace did differently was elicit product reviews from real consumers.

Marketing 269

Marketing Payment Services Beauty and Health Fulfillment 269

Retail TouchPoints

AUGUST 18, 2020

Payless, which has dropped the “ShoeSource” from its name, plans to open 300 to 500 freestanding stores across North America over the next five years, beginning with the opening of a prototype store this fall in Miami. We saw an opportunity for the brand to relaunch into the U.S.

Planning 199

Planning Payment Services Brand Management Location 199

Retail TouchPoints

JULY 10, 2023

billion yuan (approximately $982 million ) by Chinese regulators for violating consumer protection and corporate governance laws and regulations, multiple sources report. In January 2023, Alibaba and Ant Group founder Jack Ma ceded control of Ant Group (he had stepped down from Alibaba in 2019 ).

Payment Services 242

Payment Services Planning Consumer Marketing 242

Retail TouchPoints

DECEMBER 13, 2021

With retailers already pushing out holiday sales to entice consumers to buy early and avoid delivery delays due to supply chain congestion, one tactic that they will lean on to entice customers is buy now, pay later (BNPL). BNPL Can Have an Effect on Consumers and Retailers.

Payment Services 261

Payment Services Consumer Returns Management 261

Retail Focus

APRIL 27, 2021

Brand experience company, Swarm’ s sister company, Folio Mirror debuted Folio Hair at Retail Design (2019) and have been developing the concept and use case ever since. The Folio Mirrors range also includes Folio Fitness, Folio Selfie, Folio Tutorial and Folio Loyalty to meet the needs of brands and their consumers alike.

Marketing 264

Marketing Promotions Customer Experience Planning 264

Retail TouchPoints

MAY 18, 2023

Touchland’s rapid growth has inspired founder and CEO Andrea Lisbona to invest in a robust enterprise resource planning (ERP) system that supports scalable, data-driven expansion. Touchland analyzed data to understand consumer behaviors and found that shoppers were buying six or seven units at a time.

Planning 261

Planning Accounting Wholesale Consumer 261

Inside Retail

MARCH 14, 2024

In 1999, the Italian eyewear conglomerate Luxottica acquired the firm with plans to expand its sunglasses line. Later on, in 2013, the American consumer product goods conglomerate Sequential Brands Group acquired Revo. Then, it set up a direct-to-consumer channel. “It billion in 2019 and generated US$3.48

Location 130

Location Wholesale Consumer Planning 130

Wiser

JULY 18, 2023

Factors That Could Influence Consumer Spending Part of developing a successful holiday sales strategy includes forecasting the upcoming season. This way brands and retailers know what kind of market climate they are dealing with instead of going in blind. percent since May of 2022.

Consumer 148

Consumer Promotions Discount Store Apparel 148

Retail Gazette

APRIL 19, 2024

Superdry co-founder and chief executive Julian Dunkerton issued shareholders an ultimatum this week: support my restructuring plan or the business will collapse into administration. However, is the retailer’s radical restructuring plan enough to save the business or is it simply too little too late?

Planning 69

Planning Fashion Marketing Marketing Spend 69

Inside Retail

OCTOBER 19, 2023

Former Woolworths executive Bill Wavish and gaming czar Bruce Mathieson have developed a “fix it” plan for Endeavour Group. The plan involves having Wavish join the board of the liquor and gaming powerhouse, which they argue has lost its way after being divested by Woolworths in 2019. billion since 2019.

Boutique 246

Boutique Finance Supermarket Planning 246

Retail TouchPoints

MARCH 3, 2022

Target has big plans for 2022, with the retailer announcing plans to invest up to $5 billion this year to open new stores, enhance its digital, fulfillment and supply chain capabilities, and expand its shop-in-shop concept with Ulta Beauty. and New York’s Times Square.

Payment Services 233

Payment Services Shopping Planning Fulfillment 233

Inside Retail

JANUARY 21, 2024

The luxury market is categorised by its exclusivity, maintained through a combination of high price points, consciously limited product volumes, reputation and customer experience, amongst other factors. Longchamp manages 325 direct-to-consumer stores through 25 distribution subsidiaries around the world. billion in 2024.

Department Stores 262

Department Stores Boutique Fashion Accessories 262

Inside Retail

JUNE 14, 2023

Announced in 2019 , the 34,000sqm store will be located at Sylvia Park in Auckland. He said that New Zealand is a smaller market compared to other countries, including Australia, where Ikea has had a presence for 50 years. In terms of online shopping, New Zealand rates highly compared to many markets.

Planning 130

Planning Home Furnishings Fulfillment Location 130

Inside Retail

SEPTEMBER 19, 2023

The company delivered a revenue increase of 16 per cent to $172 million during the period spanning pre-Covid year 2019 to 2022 and expects flat-to-modest revenue growth for 2023, in the face of constrained consumer spending and wholesaler buying caution.

Outdoor 264

Outdoor Point of Sale Wholesale Planning 264

Inside Retail

JUNE 5, 2023

Thailand’s HomePro is strengthening its market leadership in the country’s DIY/home improvement industry in the first half of 2023. According to Statista Market Insights, the DIY and Hardware market was worth US$14.21 According to Statista Market Insights, the DIY and Hardware market was worth US$14.21

Marketing 130

Marketing Net Profit Sporting Goods Outdoor 130

Retail TouchPoints

OCTOBER 4, 2022

The ecommerce giant noted that the program was introduced to help consumers as they weather rising costs on essentials. It also noted that the program expanded its membership by more than 300% between 2019 and the end of 2021. compared to the full cost of $14.99

Payment Services 271

Payment Services Shipping Planning Consumer 271

Retail TouchPoints

JUNE 9, 2021

If you’re a consumer brand in a category with Amazon private label, however, Amazon’s private label presence certainly feels more pronounced. Amazon’s aggressive launches and marketing in categories such as batteries, baby food and bedding can create stiff competition for the leading brands in those spaces. How do I Compete?

Consumer 305

Consumer Fashion Promotions Advertising 305

Inside Retail

FEBRUARY 5, 2023

We were attracted by Retail Zoo as a strong platform in the food retail sector, with market-leading brands in Boost and Betty’s,” said Georgina Varley, MD at Adamantem. The investment company was considering listing the Retail Zoo business from 2019 before Covid-19 put that plan on hold.

Accounting 279

Accounting Planning Marketing Management 279

Inside Retail

MARCH 7, 2024

Founded in 2019, the company has swiftly built a reputation for innovation and eco-consciousness in the repair sector. As an Independent Repair Provider (IRP) certified by Apple and a Realme authorised service centre, the company has earned the trust of consumers and industry giants alike.

Planning 130

Planning Promotions Consumer Marketing 130

Retail TouchPoints

NOVEMBER 16, 2022

Meta also will highlight businesses from its Meta Business Leaders Network in the new 2022 Smalliday Showcase gift guide, and provide small businesses with advice on advertising effectively with its SMB Holiday Marketing Guide. Square plans to announce additional details about the card in 2023. small business owners.

Merchant Services 261

Merchant Services Finance Advertising Marketing 261

Retail Focus

NOVEMBER 15, 2021

Bright Data , the global industry leader in making public web data accessible to all, has today released new research that reveals consumer sentiments around the 2021 holiday shopping season, including Black Friday and Cyber Monday. The research, carried out by Vanson Bourne , surveyed 4,000 consumers across the US and UK.

Consumer 130

Consumer Shopping Planning Management 130

Wiser

JANUARY 18, 2019

To learn more about the changes consumers are looking for in the coming year, Wiser has surveyed over 2,400 of our mobile app users about their 2019 shopping preferences. Their responses could help you improve sales and meet more consumer expectations in this digital age. 2019 Shopping Trends. This year is no different.

Comparison Shopping 68

Comparison Shopping Shipping Store Layout Consumer 68

Retail TouchPoints

OCTOBER 13, 2021

The company plans to add more than 100 additional stores in the U.S. in the next five years and also has its sights set on international expansion, with plans to launch omnichannel operations in key markets in Western Europe and Asia Pacific next year as well as an innovation center in Taiwan.

ATS 263

ATS Wholesale Apparel Shipping 263

Inside Retail

FEBRUARY 27, 2022

Brands that successfully surfed 2020’s first wave of Covid-impacted consumer behaviour changes have now learned that was the best and longest ride. There are always winners and losers with large-scale shifts in consumer behaviour, and this time is no different. State of play. Stick to the basics. per cent growth in FY20.

Consumer 130

Consumer Supermarket Shopping Returns 130