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 ).

Specialty Store 138

Specialty Store Specialty Retailers Social Commerce Advertising 138

Frank Mayer

JANUARY 5, 2021

When I wrote the “ What’s in Store for 2020 ” blog last December, I could not have predicted what was to come in three short months. My closing statement promised a bright future for retail and the point of purchase industry in 2020. And to merchants, it became a crucial game plan to weather the storm.

Kiosk 97

Kiosk Merchant Services Returns Shopping 97

Indigo 9 Digital

JUNE 2, 2023

billion and the retailer has plans to capitalize on this growth. If you are curious about how Five Below plans to keep on growing then consider these three elements of its strategy. As Five Below expands across the United States it plans to diversify where it locates its stores. "In Store expansion. billion by 2025. "We

Discount Store 52

Discount Store Planning Consumer Retail Trends 52

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

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

Indigo 9 Digital

JUNE 16, 2023

In 2020 Dollar General recorded its 31st year of consecutive same store sales growth. Dollar General focuses on locating its stores in small rural communities which often have less than 20,000 citizens and it is often the retailer with the highest number of store openings each year. in 2022 with total revenue increasing by 10.6%

Location 52

Location Planning Retail Trends Shopping 52

A1 Retail

SEPTEMBER 15, 2021

Consumer appetite is here to stay as two in five Brits with subscriptions plan to take out more subscription services because of the convenience they offer. Marc Pettican, President of Barclaycard Payments, said: “We’ve seen many retail trends accelerate since early 2020 and food and drink is no exception.

Merchant Services 75

Merchant Services Payment Services Consumer Planning 75

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 Tiffany also plans to renovate 30 -50 more stores. By Tricia McKinnon People have been closely watching Tiffany & Co. billion in the largest deal ever in the luxury sector. Do you like this content?

Outdoor 97

Outdoor Management Retail Trends Planning 97

Indigo 9 Digital

MARCH 22, 2022

JD.com is the second largest eCommerce retailer in China behind Alibaba. billion up 28% over 2020. JD.com is planning to have a network of 5 million physical stores. To reach its goal JD.com plans to partner with other retailers. Omni-channel retailing is alive and well in China. billion in 2020.

Beauty and Health 59

Beauty and Health Home Furnishings Shipping Shopping 59

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.

Fashion 98

Fashion Consumer Marketing Advertising 98

Indigo 9 Digital

FEBRUARY 28, 2023

If you do subscribe to our retail trends newsletter to get the latest retail insights & trends delivered to your inbox 3. Inditex, Zara’s parent company planned to close up to 1,200 stores by the end of 2022 and open 450 new stores. The expansion was planned even though Forever 21’s sales were flat in 2016.

Fast Fashion 98

Fast Fashion Fashion Apparel Department Stores 98

Indigo 9 Digital

JANUARY 30, 2023

By 2020 Americans only spent a paltry 2.4% If you have a smartphone and a data plan then you know where more of your paycheck is going today than what would have been the case 20 years ago. Yorkdale Shopping Centre, is planning to add rental apartments to its property. Retailers are shifting to off mall locations.

Shopping 98

Shopping Department Stores Location Planning 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. June 30, 2020. August 17, 2020. Retailers are taking this trend seriously. July 23, 2020. September 16, 2020.

Beauty and Health 52

Beauty and Health Consumer Home Furnishings Supermarket 52

Indigo 9 Digital

MARCH 9, 2023

By Tricia McKinnon 2020 is the year when the eCommerce narrative shifted in a major way. Before everyone was focused solely on Amazon but as retailers were forced to shift sales online during the COVID-19 pandemic a number of retailers came to the forefront with their eCommerce savvy and Walmart is one of those retailers.

Drop-Shipping 98

Drop-Shipping Advertising Fulfillment Consumer 98

Star Miconics

MAY 5, 2023

The 2023 RSPA Retail IT Channel KPI Study has recently been released, and it is full of valuable insights for retail IT solutions providers. The industry has largely recovered from the disastrous 2020 lockdowns, and the outlook for the remainder of 2023 looks the brightest since RSPA began conducting the study. Only 16.9%

Merchant Services 59

Merchant Services Payment Services Technical Support Planning 59

Retail TouchPoints

OCTOBER 23, 2020

Now may be the perfect time for more DTC brands to explore physical retail — in a post-COVID-19 landscape with prime real estate more affordable than ever, and shoppers seeking social interaction as they become comfortable visiting retail stores again. An Emerging Retail Trend. shoppers between February and March 2020.

Shopping 252

Shopping Returns Location Consumer 252

Indigo 9 Digital

APRIL 28, 2023

Since this concept has had great success Chipotle plans to add Chipotlanes to 90% of its stores going forward. “By Last year 60% of Chipotle’s rewards were personalized and Chipotle plans to increase that percentage this year. To help reach this goal in 2023 Chipotle plans to open 255 - 285 stores. Source: Fortune 5.

Accounting 52

Accounting Location Planning Advertising 52

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. Advertising.

Advertising 52

Advertising Fulfillment Grocer Consumer 52

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. Shake Shack went public in 2015 and in its IPO filing it outlined its plan to open 10 stores a year. Do you like this content?

Location 98

Location Consumer Retail Trends Marketing 98

Rangeme

MAY 19, 2022

The following tech trends are helping retailers accelerate the pace of their omnichannel service. AI powers many retail processes, including Amazon’s personalized recommendations, assortment planning, and Just Walk Out technology for cashierless in-store service. Best Buy plans to spend $1.2B Retail Dive.

Beauty and Health 52

Beauty and Health Grocer Supermarket Fulfillment 52

Rangeme

JUNE 11, 2021

While this summer offers a little more freedom than summer 2020, as COVID-19 restrictions lift in various parts of the country, many consumers are still being cautious and sticking close to home. Grocery store purchases were up across just about every category for 2020, thanks to reduced or complete lack of indoor dining.

Beauty and Health 52

Beauty and Health Outdoor Consumer Accessories 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.

Promotions 52

Promotions Drop-Shipping Marketing Planning 52

Rangeme

AUGUST 12, 2022

This 2022 retail trend is welcome news for diverse suppliers looking for growth abroad. October 16, 2020. Woolworths reveals plans to introduce halal range. Several world-renowned retailers and brands celebrate and prioritize supplier diversity. October 16, 2020. Inside Retail. 9 Powell, Chris.

Beauty and Health 52

Beauty and Health Consumer Grocer Advertising 52

Rangeme

MAY 9, 2022

She teamed up with retired cheesemonger, Raymond Cotteret, in 2020 and got to work on a business plan that would make their dreams come true. RangeMe: Sounds like you have a dedicated following, what are your plans for expansion over the next couple of years? What’s Next for MUST Wine Loft? Petersburg, FL.

Specialty Store 52

Specialty Store Shipping Planning Outdoor 52

Rangeme

JANUARY 11, 2022

How the retail and CPG workforce will look in 2022. Around the world, back-to-the-office plans remain in flux due to the rapid rise of the Omicron variant. Leading American businesses across sectors, including retail, have put their return to the office on indefinite hold. April 7, 2020. 1 Evans, Pete. 2 Kelly, Jack.

Beauty and Health 52

Beauty and Health Consumer Returns Grocer 52

Rangeme

AUGUST 31, 2022

New business creation rose in 2020 and 2021 due to pandemic layoffs, the online commerce boom, and the shift to working from home. Since June 2020, the average number of monthly business applications has been 92% higher than between July 2004 and February 2020. March 13, 2020. March 13, 2020. 1 Strangler, Dane.

Consumer 52

Consumer Accounting Marketing Planning 52

Indigo 9 Digital

SEPTEMBER 19, 2022

If you do subscribe to our retail trends newsletter to get the latest retail insights & trends delivered to your inbox. Amazon opened its first Amazon Fresh supermarket in Los Angeles in 2020. Amazon says it has no current plans to open any additional salons. Amazon now has 30 Amazon Go stores.

Supermarket 52

Supermarket Location Checkout Returns 52

Rangeme

FEBRUARY 1, 2022

And since Valentine’s Day 2020 was a record-breaking year, with a 21% increase in sales from 2019, it seems that’s more than likely. These retailers make a big effort around Valentine’s and have aisles dedicated to the occasion,” he points out. This was followed by online-only retailers (34%) and other specialty stores (19%).

Specialty Store 72

Specialty Store Department Stores Jewelry Consumer 72

Rangeme

SEPTEMBER 28, 2021

1 Daily time spent on social networking by internet users worldwide from 2012 to 2020. Why Legacy Retailers Are Moving to TikTok and Other Video Tools. billion in 2020 and $19.42 41% of brands crafted an Amazon advertising strategy during the pandemic as part of their go-to-market plans. January 2021. The Robin Report.

Advertising 52

Advertising Shopping Consumer Social Commerce 52

Indigo 9 Digital

JUNE 22, 2022

By Tricia McKinnon Heading into 2020 there was no way Instacart could have foreseen what was up ahead. This change in behaviour caused Instacart’s revenues to jump by 330% in 2020. This change in behaviour caused Instacart’s revenues to jump by 330% in 2020. They need to show how they plan to stay relevant.”

Advertising 52

Advertising Grocer Fulfillment Sporting Goods 52

Indigo 9 Digital

FEBRUARY 6, 2023

If you do subscribe to our retail trends newsletter to get the latest retail insights & trends delivered to your inbox 3. When it comes to food purchases dollar stores represent the fastest growing retail channel in the United States with purchases of food in that channel growing 89.7% between 2008 and 2020.

Grocer 52

Grocer Consumer Retail Trends Shopping 52

Indigo 9 Digital

APRIL 8, 2022

With housing costs, healthcare to pay for, and day to day living expenses retail employees find it difficult to make ends meet. With this in mind it should not be too surprising that more workers are planning to organize. Retail workers at Apple bring in between $17 - $30 per hour. Source : Reuters. Do you like this content?

Location 98

Location Retail Trends Customer Experience ATS 98

Indigo 9 Digital

MAY 27, 2022

If you are curious about how IKEA plans to keep its competitors at bay then consider these six elements of its strategy. If you do subscribe to our retail trends newsletter to get the latest retail insights & trends delivered to your inbox. It plans to decrease its climate impact per item by 70% by 2030.

Home Furnishings 52

Home Furnishings Fulfillment Location Customer Experience 52

Rangeme

MAY 2, 2022

The COVID-19 pandemic has driven sustainable purchasing even further, with more than 60% of consumers surveyed in 2020 reporting to have made more environmentally friendly purchases. In turn, retailers are looking to meet customer demand by sourcing more sustainable products for their shelves.

Accounting 52

Accounting Consumer Planning Marketing 52

Indigo 9 Digital

MARCH 31, 2023

When Nordstrom was planning its entry into Canada right round the time these luxury online retailers were getting started Nordstrom may have been unaware of these competitors or it may have underestimated how many consumers would flock to these sites. “It The pandemic has been especially hard on the retail sector. business."

Apparel 97

Apparel Department Stores Wholesale Beauty and Health 97

Small Biz Trends

OCTOBER 21, 2021

billion in 2020. Use Google trends and keyword research to do your competitive research. Write your business plan: Your business plan is your blueprint to your company’s operations that include its product features, pricing strategy, production quality, branding, marketing strategy, financials, and operational features.

Marketing 139

Marketing Payment Services Target Market Beauty and Health 139

Indigo 9 Digital

MARCH 10, 2022

Like many retailers it is also focused on digitally enabled customer experiences as a way to stand out from the crowd. If you are curious about how Panera Bread is planning to stay ahead of the competition then consider these four elements of its strategy. A digital first café. Well, if $8.99 Do you like this content?

Kiosk 52

Kiosk Planning Consumer Advertising 52