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More Private Label, Smaller Store Footprints: How COVID-19 Is Accelerating Existing Retail Trends

Retail TouchPoints

Mass merchants in particular have benefited from this change: private label sales in the segment have increased by 41% over the past five years , approximately 4X higher than overall private label growth. Additionally, the percentage of consumers willing to pay the same or more for private labels over name-brand products rose from 34%.

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Why DoorDash & Other Delivery Apps Struggle with Profitability

Indigo 9 Digital

Consumers around the world either couldn’t go to their favourite restaurant due to public health restrictions or they prefered to avoid going outside altogether. Food delivery companies largely sell an undifferentiated service. Even bottled water is more differentiated than food delivery services.

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Jewelry Sales Increased Sharply in July, Survey Finds

VMS

jewelry sales were up sharply in July compared to the same month in 2020 as well as in 2019, according to Mastercard SpendingPulse. The growth was part of a larger trend in which retail sales overall grew for the 11th consecutive month. percent versus July 2019. Read the press release: Retail sales in the U.S.

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11 Things to Know About China’s eCommerce Market

Indigo 9 Digital

“In fact, we saw the acceleration of offline retail as well—there’s more of a shift toward a true omnichannel integration.”. If you do subscribe to our retail trends newsletter to get the latest retail insights & trends delivered to your inbox. Digital Payments. Do you like this content?

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The Benefits & Cons of Selling on Amazon, 10 Factors to Consider

Indigo 9 Digital

Amazon is the first channel consumers turn to when conducting a product search online ahead of even Google. Nike is an example of a high-profile retailer that decided to stop selling on Amazon in 2019. These sellers had record sales that were up 60% over 2019. billion in sales.

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Forever 21: 4 Reasons it Failed & Filed for Bankruptcy

Indigo 9 Digital

It was easy for Forever 21 to capture the hearts and minds of young consumers looking for trendy apparel. Although clothing is a department store staple retailers like Sears or specialty retailers like Gap couldn’t keep up with a more nimble fast fashion retailer like Forever 21. Do you like this content?

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Mushrooms Truly are Magic for Retail and Foodservice

Rangeme

Armed with these insights, I took to the 2022 Plant Based World Expo floor at New York’s Javits Center to see what retailers, food service operators and brands had to say about mushrooms. since 2019. I was not disappointed. They can now be foraged throughout the store in multiple categories. Rooted in the pandemic.