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Retail Trends in 2021 — Overcoming 2020’s Challenges

Retail TouchPoints

Is that even possible coming out of a year like 2020? This year, like most, catalyzed some nascent trends and kicked a few in the teeth. One futurist we know said, “2020 was so weird I didn’t even get a chance to be wrong.”. Some experts feel that the move toward building more sustainable supply chains lost some mojo in 2020.

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Fishwife and the foodie retail trend: Here’s why tinned fish is trending

Inside Retail

In fact, the popularity of tinned fish has been so great that the Fantastic World of the Portuguese Sardine opened its first bricks-and-mortar store outside of Portugal in New York City’s Times Square just this summer, with a 10-year lease on the location. per cent year-over-year compared to this time last year.

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

Retail TouchPoints

That’s why retailers and their ecosystem partners can better prepare for the future by understanding where they were already headed and compare it to the new trajectories created by the coronavirus. The reported focused on long-term trends, with an eye on how they have shifted in the relatively short window of COVID-19 activity. . “I

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Innovate And Automate: How To Optimize Fulfillment In The E-Commerce Era

Retail TouchPoints

With such high standards set, other retailers must now keep up. In fact, MHI’s 2020 Industry Report found that “customer demand on response times” was one of the top challenges in the supply chain today. Retailers facing limited storage capacity and strained fulfillment operations may find outsourcing an effective choice.

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From Clicks to Bricks: Expanding Brand Loyalty Through Physical Stores

Retail TouchPoints

Several years ago, a handful of direct-to-consumer (DTC) brands expanded into the physical retail space. Now, dozens of others have followed suit, making the leap from entirely digital to opening brick-and-mortar locations. An Emerging Retail Trend. shoppers between February and March 2020. Foster convenience.

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The Logistical Nightmare Before Christmas: How to Avoid it

Retail TouchPoints

The 2020 holiday shopping season is anticipated to be remarkably different than any in recent years, especially when it comes to where people are expected to shop — online. With this in mind, delivery, logistics and distribution of inventory need to be top of mind for retailers.

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Retail Statistics You Should Know

Small Biz Trends

The retail market size is continuously growing. According to a report from the National Retail Federation, the US retail sales in 2020 grew 6.7% What’s more, retail trade added 4.8 trillion to GDP in 2020, reports the US Bureau of Economic Analysis. trillion during 2020 ( NRF ).