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Is the DTC business model dead, or just evolving?

Inside Retail

A few years ago, it seemed like every new brand making noise in the market was adopting a direct-to-consumer (DTC) business model. Like many trends, the discourse around DTC is a rollercoaster, ranging from ‘DTC is dead!’ million before going public in 2020. (It to ‘Look at this amazing DTC brand! Everyone should do this.’

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Inside the rumoured death of physical stores and other predictions for 2022

Inside Retail

Through Covid, we have seen a vast number of permanent store closures, which has somewhat re-ignited the ‘stores are dead’ debate. Once one becomes popular, we seem to quickly look for a new one and proclaim the old one ‘dead’, even if most of the industry hasn’t caught up. My big question here is about balance. Experiential stores.

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ApnaKlub: From selling mangoes to shaking up India’s retail scene

Inside Retail

During the pandemic-forced lockdown in 2020, Shruti sold Alphonso mangoes and locally sourced vegetables to fellow residents in her apartment building in India. It did not take her long to realise the potential of fast-moving consumer goods (FMCG) to supply Indian consumers. ApnaKlub, the start-up.

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WHAT IS FUELING THE REBIRTH OF PHYSICAL STORES?

Retail Minded

Very few retail leaders would argue that the role of physical stores are the same as they were at the start of 2020. Brand health includes customer loyalty, the consumer experience journey and customer connectivity. The store of yesteryear may be dead, but the store of today is undergoing somewhat of a renaissance.

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Behind the evolution of 107-year-old Japanese eyewear brand Tanaka Optical

Inside Retail

The Covid-19 outbreak urged consumers to change their buying and shopping behaviors not only in Singapore but worldwide. SW: It has been a rather erratic 2020, predominantly dictated by the government‘s Covid measures. SW: It was both nerve-wracking and exciting to open our very first Tanaka flagship store during the pandemic.

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Reinventing the phone shop: Dialling up the experience

Retail Gazette

Phones4U collapsed into administration in 2014 and Currys-owned Carphone Warehouse closed all its standalone stores in 2020. That’s not to say the mobile phone shop is dead. According to managing director of commercial Bridget Lea, the format welcomes in “a new EE” focusing on “fulfilling all our consumer tech needs”.

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The Future of Retail in the New Era of Risk

Retail Prophet

A shock to the system of western merchants and consumers who had largely operated with an assumption of unconstrained access to whatever they’ve wanted, whenever they’ve wanted it. But in the process also opened global consumer markets to risks that would make the cotton collapse of 1861 look like a picnic. Image Credit: Hip To Save).