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Retail Trends for 2020

CJ Retail Solutions

Disruption, Responsibility and Veganism – effects on POS and retail. We’ve been saying (for what seems like many, many years) that one of the key upcoming retail trends will be a move towards enhancing engagement in store through digitalisation. The post Retail Trends for 2020 appeared first on CJ Retail Solutions.

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

Retail TouchPoints

in 2014 to 40% in 2019. Even though discount products still make up the bulk of the category, the share of premium private label goods climbed from 15.7% over the past three years. 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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Springfields Outlet and Leisure sees in the New Year with final week sales up on 2019

A1 Retail

Since the reopening of retail post-lockdown in April 2021, weekly sales have consistently delivered double-digit growth up on 2019, culminating in the final Christmas week with sales up +19%, again vs 2019. Springfields Outlet and Leisure goes from strength to strength enjoying 16 years of growth.

Outdoor 40
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Webinar: Salesforce Survey Takes The Pulse Of Marketers And Global Consumers

Retail TouchPoints

Numerous industry experts have commented that COVID-19 has accelerated many existing retail trends, most notably consumers’ embrace of digital commerce. The pandemic has increased digital customer interactions, so that trend is likely to be amplified even further.

Consumer 274
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Wendy’s Brilliant Twitter Strategy & Its Top 22 Best Tweets

Indigo 9 Digital

The brand’s social media prowess has not gone unnoticed, in 2019 Wendy’s was named as the most innovative company in the social media category by Fast Company. In 2021 Wendy’s was the fifth largest fast food chain in the United States with sales of $11.1 The brand has also amassed a substantial following on Twitter with 3.9 million followers.

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Report: Consumers continued to spend in July

Mass Relators

versus July 2019, e-commerce posted its first month of double-digit sales growth (up 11.7% On the other hand, Apparel (+16.6%) and Jewelry (+18.6%) sales saw strong demand-driven year-over-year growth, well outpacing sector-specific inflation. E-commerce sales climb amid major promotional events: While in-store sales remain elevated, up 11.1%

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Why Direct to Consumer Brands Struggle with Profitability

Indigo 9 Digital

One of the drags on profits for most direct-to-consumer retailers is advertising expenses. million on advertising in 2019 and 2020 respectively. It’s really hard to acquire customers online,” said Sucharita Kodali, a retail analyst at Forrester. “The In 2019 Casper spent $154.6 million in revenue and in 2019 it lost $93.0