Retail TouchPoints

NOVEMBER 12, 2020

Q4 2020 will be the most consequential retail quarter of the past 25 years. To make the most of this holiday shopping season, retailers must understand changes in consumer behavior and mindset, and reflect this understanding in their in-store experiences. There is a reason why Amazon moved Prime Day to Oct.13-14.

Consumer 277

Consumer Shipping Retail Trends Shopping 277

Retail TouchPoints

JULY 23, 2020

But as it has with many other retail trends, COVID-19 evidently has accelerated the adoption and impact of values-based buying. A Kearney survey of LGBTQ individuals regarding 2020’s Pride month revealed that 65% want companies to sponsor Pride through advocacy, including donating to LGBTQ causes.

Consumer 179

Consumer Retail Trends ATS Customer Experience 179

Retail Next

FEBRUARY 11, 2020

The rise of e-commerce has encouraged businesses to rethink how they communicate with consumers and manage their supply chains. Here are some of the most significant retail shipping trends to look for in 2020. These strategies have major potential for transportation management systems. Same- or Next-Day Delivery.

Shipping 59

Shipping Drop-Shipping Payment Services Supply Chain Management 59

Small Biz Trends

JULY 8, 2021

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 ).

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Specialty Store Specialty Retailers Social Commerce Advertising 138

Retail TouchPoints

APRIL 19, 2021

December 31, 2020 marked the end of the Brexit transition period, and whilst many took a sigh of relief, in reality the Brexit effect had only just begun. Many retailers are already experiencing increased tariffs and supply chain snags , putting customer satisfaction at jeopardy. Christophe Pecoraro is Managing Director, PFS Europe .

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Fulfillment Supply Chain Management Management Promotions 165

Indigo 9 Digital

FEBRUARY 24, 2023

Instead there is a team of five people that manage Wendy’s Twitter account. One of the biggest moves Wendy’s made on Twitter was when it took its account private in February of 2020. If you are trying to emulate Wendy’s strategy know that there isn’t just one worker bee posting and responding to tweets 24 hours a day.

Accounting 124

Accounting Retail Trends Promotions Customer Experience 124

Indigo 9 Digital

JANUARY 17, 2023

DoorDash’s revenues in fourth quarter of 2020 were up 226% to reach $970 million, Uber Eats’ revenues were up in a similar fashion by 224% to reach $1.4 Similarly DoorDash has never generated a profit with the exception of the second quarter of 2020 where it made a profit of $23 million. "It Link to source: Marketwatch.

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Merchant Services Payment Services Consumer Marketing 116

Retail Focus

JUNE 14, 2021

2020 saw the Covid pandemic arrive and cause chaos among all manner of industries in the UK and across the world. Britain’s retail sector suffered the biggest drop in the total volume of sales since records were begun. It is predicted that over the next few years, around 80,000 retail units will close across the states.

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Payment Services Returns Shopping Consumer 130

Inside Retail

JULY 27, 2021

Retail is constantly evolving in many ways within each country; India is going through an interesting phase. Overall, India has managed to leapfrog so many retail trends and is now honing its retail game to grab a larger share of the future. Theme 3: Networked commerce.

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Checkout Fashion Supermarket Retail Trends 130

Indigo 9 Digital

NOVEMBER 16, 2023

We will need to generate and sustain increased revenue and manage our costs to achieve profitability. One of the drags on profits for most direct-to-consumer retailers is advertising expenses. million on advertising in 2019 and 2020 respectively. Then in 2020 Casper’s sales and marketing expenses were $156.8 of revenue.

Consumer 98

Consumer Returns Advertising Marketing 98

Retalon

SEPTEMBER 11, 2020

In today’s landscape, when a new fashion retail trend latches on, companies need to have the ability to make the right decisions quickly. Retailers have found that machine learning and predictive analytics is a game changer which is leaving slow to adapt competitors far behind. Traditional Approach to Fashion Analytics.

Fashion 41

Fashion Markdowns Promotions Accounting 41

Indigo 9 Digital

MAY 31, 2022

billion up 39% from 2020 but revenues were just shy of Nordstrom’s 2019 pre-pandemic revenues of $15.1 Not bad considering JCPenny along with Neiman Marcus filed for bankruptcy in 2020. Nordstrom has not been immune to the toll the pandemic is taking on the retail sector with its net sales down in the first quarter of 2020 by 39.5%.

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Returns Department Stores Beauty and Health Shopping 98

Indigo 9 Digital

MAY 3, 2022

In contrast in 2020 Victoria’s Secret launched a new swimwear collection in an attempt to silence critics who say, among many things, that the brand does not cater to a wide enough audience. At the beginning of 2020 Target launched a new activewear brand called All in Motion. in the first eleven months of 2020.

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Fashion Consumer Marketing Advertising 98

Indigo 9 Digital

MARCH 14, 2023

since it was acquired by luxury conglomerate LVMH in October of 2020. LVMH bought the storied jewellery retailer for $15.8 Following the purchase of Tiffany its new management team focused on making Tiffany relevant again through a number of high-profile partnerships. billion in the largest deal ever in the luxury sector.

Outdoor 97

Outdoor Management Planning Retail Trends 97

Retail Times

APRIL 6, 2021

Streamlining the purchasing process and creating an environment where those who are seeking to steer away from crowds – or those who find BOPIS a more convenient option – is one of the retail trends that is here to stay. Determining the customer need is half the battle in a complex environment. Data protection and fraud prevention.

Consumer 104

Consumer Shopping Customer Experience Payment Services 104

Indigo 9 Digital

APRIL 29, 2022

Sephora and Ulta have very, very successfully protected their customer base,” said Elaine Kwon, a former vendor manager in Amazon’s fashion vertical. in 2020 across all eCommerce categories. If you do subscribe to our retail trends newsletter to get the latest retail insights & trends delivered to your inbox.

Beauty and Health 94

Beauty and Health Apparel Fashion Accessories 94

Small Biz Trends

JULY 19, 2021

billion in 2020. The demand for travel accessories plummeted during 2020 as the coronavirus pandemic was ragging the US at that time. billion in 2020. billion on their pets in 2020. billion in 2020. The United States jewelry market is forecasted to grow from $42 billion in 2020 to around $60 billion by 2025.

Accessories 137

Accessories Jewelry Merchant Services Marketing 137

Indigo 9 Digital

SEPTEMBER 1, 2022

But in 2020 Marks & Spencer opened up its website to outside apparel brands. In a small pilot that took place in October of 2020, where Marks & Spencer sold womenswear brand Nobody’s Child on its website, Marks & Spencer found that close to 10% of customers who bought the brand were new to Marks & Spencer womenswear.

Drop-Shipping 95

Drop-Shipping Markdowns Planning Grocer 95

Indigo 9 Digital

DECEMBER 6, 2023

If you do subscribe to our retail trends newsletter to get the latest retail insights & trends delivered to your inbox 4. In 2020 as a thank you for enduring the pandemic Shake Shack paid its hourly employees holiday bonuses of $250-$400 and it shelled out an additional $6 million in wages.

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Location Consumer Retail Trends Marketing 98

Indigo 9 Digital

FEBRUARY 28, 2023

Source: Bloomberg "[Forever 21] has lost much of the excitement and oomph which is critical to driving footfall and sales and is now something of an also-ran which is too easily overlooked," said Neil Saunders, the managing director of GlobalData Retail. An inability to leverage social media effectively. Do you like this content?

Fast Fashion 98

Fast Fashion Fashion Apparel Department Stores 98

Indigo 9 Digital

FEBRUARY 13, 2023

If you do subscribe to our retail trends newsletter to get the latest retail insights & trends delivered to your inbox 5. To remedy this Amazon has a number of non-core retail businesses with healthy margins including its advertising and cloud computing businesses. You need a way to make the model work.”

Home Furnishings 98

Home Furnishings Advertising Marketing Marketing Spend 98

Rangeme

MARCH 4, 2021

August 17, 2020. Supplier diversity will increase in influence, as minority population growth will account for up to 70% of the growth in purchasing power from 2020 to 2045. MIT Sloan Management Review. June 30, 2020. August 17, 2020. Retailers are taking this trend seriously. July 23, 2020.

Beauty and Health 52

Beauty and Health Consumer Home Furnishings Supermarket 52

Indigo 9 Digital

SEPTEMBER 15, 2022

In addition to getting more of your wallet, a service business like this has better margins than Amazon’s retail business and is less capital intensive. Amazon launched Amazon Pharmacy in 2020 which offers online ordering and delivery of prescriptions. With this in mind Amazon launched a grocery chain called Amazon Fresh in 2020.

Advertising 95

Advertising Drop-Shipping Returns Consumer 95

A1 Retail

JANUARY 18, 2022

Landlord Lotus Property also owns retail and leisure destination, The Junction, which has also fared well with sales finishing up the year 14% up on the same period. Despite the threat to retail success posed by the pandemic since 2020, both schemes have enjoyed some headline successes, with The Boulevard welcoming seven new brands on site.

Retail Marketing 59

Retail Marketing Marketing Boutique Retail Trends 59

Rangeme

NOVEMBER 30, 2021

Avery Henderson and his partners started developing Denver-based Marco in early 2020 and then, COVID arrived. So, instead of trying to enter the retail market, they started selling online. As a consumer, I have to say this is a cooking class I would definitely sign up for! Marco Ice Cream.

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Supermarket Consumer Marketing Retail Marketing 98

Indigo 9 Digital

JANUARY 30, 2023

The Class A malls] will continue to do well,” said Keith Jelinek, a senior managing director at Ankura. If you are curious about the future of your local mall then consider these trends which are impacting shopping malls across North America. By 2020 Americans only spent a paltry 2.4% of their income on clothing.

Shopping 98

Shopping Department Stores Location Planning 98

Indigo 9 Digital

APRIL 11, 2022

billion in 2020. If you do subscribe to our retail trends newsletter to get the latest retail insights & trends delivered to your inbox. This is a tactic that many retailers use to keep customers curious about what is coming out next, enticing customers to visit their stores on a frequent basis.

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Grocer Shopping Checkout Finance 98

Indigo 9 Digital

MAY 12, 2022

If you hadn’t used a food delivery app before 2020 you might have found yourself leaning into food delivery even more than you thought you would over the past two years. With that in mind in 2020 Uber launched its grocery delivery business after purchasing grocery delivery startup Postmates for $2.7 Grocery delivery. New verticals.

Advertising 52

Advertising Fulfillment Grocer Consumer 52

Indigo 9 Digital

MARCH 30, 2022

New Retail is an initiative aimed at connecting online and offline retail and digitizing stores to provide a better customer experience. While online shopping definitely accelerated in 2020, saying physical retail is more or less obsolete is not true,” said Nishtha Mehta, a China-based corporate innovation coach. “In

Payment Services 52

Payment Services Fulfillment Department Stores Shipping 52

Indigo 9 Digital

JUNE 9, 2022

This allows us to offer more selection without requiring customers to sift through racks to find that right color, size and fit,” said Simoina Vasen, managing director of Amazon Style. If you do subscribe to our retail trends newsletter to get the latest retail insights & trends delivered to your inbox.

Payment Services 96

Payment Services Home Furnishings Shopping Customer Experience 96

Indigo 9 Digital

JUNE 2, 2023

Management sees this concept as a key growth driver. "We However, at present Five Below still has an edge with the quality and breadth of its offer and with its format which is generally seen by consumers as more fun and engaging,” said Neil Saunders, managing director at GlobalData Retail. Do you like this content?

Discount Store 52

Discount Store Planning Consumer Retail Trends 52

Rangeme

DECEMBER 7, 2021

This trend analysis can give U.S. and global consumer packaged goods (CPG) suppliers and retailers clarity on adapting to and satisfying consumers’ evolving needs. Overarching Retail Trends. October 14, 2020. , The online retailer with the lowest prices is … Chain Store Age. Retail Brew. Retail Dive.

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Beauty and Health Consumer Grocer Shopping 52

Rangeme

DECEMBER 28, 2021

Shortly after launching Wellnergy Pets direct-to-consumer on their website and Amazon in 2020, Dr. Liao signed up for RangeMe and started submitting products to retailers left and right. Joining RangeMe to get in front of retailers. A surreal experience that led to a major retail opportunity.

ATS 72

ATS Location Consumer Promotions 72

Rangeme

MAY 19, 2022

Digital ads have emerged as an unstoppable B2B growth engine for Amazon, representing more than $31 billion of its 2021 revenue, up 32 percent over 2020. Walmart’s media arm to offer brands a tool to help manage digital ads. More than half (56 percent) of consumers say they spent more at small businesses in 2020 compared to 2019.

Beauty and Health 52

Beauty and Health Grocer Supermarket Fulfillment 52

Indigo 9 Digital

JUNE 13, 2022

But Tim Hortons, which started working on a turnaround plan in 2020, has been successful in improving its business. McDonald’s was on to something when it launched its “Famous Orders” promotion in 2020. The promotion was so successful it helped boost McDonald’s sales not only in 2020 but also in 2021. Do you like this content?

Promotions 52

Promotions Drop-Shipping Marketing Planning 52

Rangeme

FEBRUARY 1, 2022

This was primarily due to consumers staying at home, says Neil Saunders, Managing Director and Retail Analyst. Valentine’s Day is a bumper day for retailers, to spread some love and inspire a whole lot of spending. Due to this, Valentine’s Day 2021 — the first pandemic Valentine’s Day — saw an 18.6% Where are we shopping?

Specialty Store 72

Specialty Store Department Stores Jewelry Consumer 72

A1 Retail

JANUARY 11, 2022

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. Comparable December turnover lifted +30% vs. 2020 outside Covid restrictions periods.

Outdoor 40

Outdoor Retail Trends Fashion Management 40