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‘The Best Vision Is Insight’ — The Top Retail Trends Of 2020

Retail TouchPoints

In addition, 32 companies, including retailers such as Nike, signed the G7 Fashion Pact in August 2019, marking the first broad-based push by industry leaders to help reduce global warming. Online, the Secure Remote Commerce (SRC) industry standard went live in October 2019 at several retailers.

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The Logistical Nightmare Before Christmas: How to Avoid it

Retail TouchPoints

If current supply chain trends continue, Salesforce has forecasted that 700 million holiday gifts will likely not arrive on time this year. Even back in August, major carriers such as FedEx and UPS already were seeing holiday-level volumes, with UPS’ shipping volume up 30% and FedEx’s up 25%.

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15 Facts You Need to Know About StockX the Billion Dollar Resale Platform

Indigo 9 Digital

Traditional retailers are not sitting back watching this market grow. In 2019 Foot Locker invested $100 million in resale platform GOAT, its largest investment ever at the time. In 2019 it had an estimated market size of $6 billion and it is projected to grow to $30 billion by 2030. StockX is now valued at $3.8

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Forever 21: 4 Reasons it Failed & Filed for Bankruptcy

Indigo 9 Digital

Shein, another ultra fast fashion retailer, adds between 500 to 2,000 new items on its website every day. Shein is vertically integrated allowing it to go from design to shipping in as little as three days. Commenting on the growth of Shein TechCrunch wrote : “[Shein] manufactures in China as many apparel retailers do.

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What Retailers Can Learn From Sephora's Success

Indigo 9 Digital

Some of these benefits include receiving samples from top brands, the ability to have a one-on-one meeting with the founder of a brand, the ability to be first in line for new product launches and free shipping. In 2019 a Sephora Beauty Insider sweepstakes winner won $1 million. Do you like this content? A history of innovation.

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Brand Loyalty is Put to the Test

Rangeme

consumers changed brands, which is double the rate in 2019. A McKinsey survey cited better prices or promotions (30%), better value (25%) and better shipping or delivery costs (15%) as factors driving consumers to try new brands. Last year, 36 % of U.S. 2 Charm, Tamara Charm, Becca Coggins, Kelsey Robinson and Jamie Wilkie.

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Marks & Spencer’s Turnaround Strategy, Why it’s Working

Indigo 9 Digital

Marks & Spencer has said it started out with third party brands flowing through its distribution network but it is planning to give sellers the flexibility to use a drop ship model where the brand holds onto its inventory and fulfills the order itself. “M&S’s This is especially the case with Jaeger,” said an industry veteran.