Retail TouchPoints

NOVEMBER 23, 2022

The holiday season is just as important for cannabis as it is for other areas of retail, with Green Wednesday (the day before Thanksgiving), Black Friday and the leadup to Christmas all driving sales spikes in 2021, according to Surfside’s The Season of Green report. Again, it all starts with retail marketing and brand marketing.

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Rangeme

JUNE 22, 2021

That’s what global consumers are saying, united by product trends that transcend consumer packaged goods (CPG) categories and national boundaries. Today’s global consumer trends influence e-commerce strategies, online marketplace assortments, and retail marketing trends in the U.S. February 9, 2021. ,

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Retail TouchPoints

APRIL 30, 2024

The retail technology revolution has brought forth many new innovations such as palm scanning and AI chatbots over the last few years, all of which have sought to meet the same goal: improving the customer experience. consumers ages 15-69 anticipate going to a show in 2024, a jump from the 36% who attended one in 2023.

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Retail Times

OCTOBER 18, 2021

The latest data from the Office for National Statistics shows online sales, as a proportion of total retail sales, have reached 25.5% for two consecutive months (June and July 2021), which according to Colliers’ analysts marks a step-change in consumer behaviour and could signal a new norm in spending habits for the retail market.

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Retail TouchPoints

DECEMBER 29, 2021

Quartile expects that the acquisition will double its amount of advertising spend under management to $2 billion in 2021. Retail marketers and small businesses are up against great odds when it comes to being seen in online marketplaces,” said Daniel Knijnik, Co-founder and CEO at Quartile in a statement.

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Retail TouchPoints

APRIL 24, 2023

retail social commerce projected to reach $80 billion by 2025, according to Insider Intelligence , more consumers, especially Gen Z and millennial shoppers, are turning to creators to help with their purchase decisions. And we’ll continue to see a sizable and growing number of consumers shop in-store from creator recommendations.

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Inside Retail

APRIL 14, 2024

In addition to American brands like Maybelline, Olive Young has built a cult following with locals, tourists, and international consumers alike for its regular deals and specials on South Korean brands such as 3CE, Skinfood, and Jungsaemmool. million) in 2021, and 17.6 million) in 2021, and 17.6 billion won (US$9.26

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Retail TouchPoints

JUNE 1, 2022

And 2021 was itself a record year for foot traffic. It’s also why retailers are spending billions on new store openings, up 13% versus 2021. This changes how retailers and CPGs think about sales of impulse items (candy, chips, beverages, magazines, etc.) Buying groceries online peaked in March 2021, at $9.3

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Retail TouchPoints

JULY 15, 2022

First, there’s the Amazon effect: retailers see how lucrative ad sales have been for the perennial disruptor ( $31 billion in 2021) and want a piece of the rapidly growing action. Macy’s RMN hit the market in 2020 and quickly generated $105 million in revenue in 2021.

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Inside Retail

SEPTEMBER 6, 2023

While Rolex is an internationally recognised brand, Bucherer isn’t as well known outside of Europe and the US, and operates in a highly homogenised luxury and jewellery retail market. “I This robust performance persisted even during pandemic-induced market slumps, dwarfing the S&P 500 index’s annual growth of eight per cent.

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Inside Retail

NOVEMBER 28, 2022

Indeed, even Sydney Fish Market now has its own online commerce site. Yet for retail marketers, handing over these keys to the kingdom is no easy feat. During the pandemic’s first 14 months, Australia’s e-commerce market grew from around 9 per cent of the overall retail market share to 13 per cent.

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Inside Retail

MARCH 20, 2023

Following its launch in Australia in 2016, Danish retail group Bestseller has firmly entrenched its presence in the retail market, with the company making strides in its sustainability and circularity initiatives. Without this, our total logistics emissions in 2021-2022 would have been 20 percent higher,” Dahl-Thorup said.

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Inside Retail

APRIL 22, 2021

Now more than ever, it’s critical to understand the latest consumer expectations — and be ready to adapt. Direct-to-consumer selling. Around the world, direct-to-consumer (D2C) brands are becoming mainstream — and they’re causing a major shift in where, when and how shopping is done. Fulfilment of the future.

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Inside Retail

MAY 8, 2022

Locally, the retail industry sustained substantial growth throughout the first pandemic affected year (2020-2021). For the year to June 2021, consumer retail spending grew by 9.1 But most significantly, I think it shows how quickly our new retail habits have become second nature, with 9.4

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Retail TouchPoints

MAY 31, 2022

However, according to findings in our 2022 Relevance Report , retail brands aren’t yet availing themselves of this actionable customer data — or if they are, they aren’t yet using it to deliver compelling customer experiences. The question is whether retailers can overcome the “experience gap.” Consumer behavior is constantly in flux.

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Retail TouchPoints

MARCH 31, 2021

Nowhere is that more true than the retail market, which has seen a fundamental shift among consumers in the wake of the pandemic. The question is: are retailers ready to handle it? found that nearly 70% of consumers intend to continue buying online for store pickup. They say you can never go back.

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Inside Retail

AUGUST 22, 2023

The athleisure market has been on the rise for many years, driven by factors, such as the casualisation of consumers’ wardrobes and the rise of sneakers and streetwear as aspirational style trends. Gen Z and millennials Behrens’ statement is likely to resonate with many Gen Z and millennial consumers.

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Rangeme

NOVEMBER 26, 2021

Like Janet Jackson, more consumers are asking brands, “What have you done for me lately?” In the past three months, more than 80% of consumers purchased a different brand from the one they normally buy and 44% said they would repurchase the new brand even if the original preferred brand was available again. September 14, 2021.

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Inside Retail

SEPTEMBER 11, 2021

Our DMW model offers an innovative solution to the growing consumer demand for high-quality product offerings and timely delivery, leveraging technological innovation. In 2020, our market share of China’s on-demand DMW retail industry in terms of GMV was 28 per cent, ranked first in North China, according to iResearch.

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Small Biz Trends

JULY 8, 2021

What do the latest retail statistics tell us about retailing in 2021? We have assembled all the numbers you need, including store operations, shopper behaviors, how retailers market their businesses, and much more. Retail Statistics: The Big Picture. The retail market size is continuously growing.

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Retalon

SEPTEMBER 3, 2021

Simply put, a bubble is an economic phenomenon where the price of a particular asset (commodity, real estate, financial stock, or even the entire market) exceeds the actual value by a large margin. This market distortion can happen for any number of reasons, including bad policy, consumer hype, and risky institutional behavior.

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Inside Retail

APRIL 12, 2021

The brand plans to expand the Refurbished program to more US stores throughout 2021 and beyond. Nike Refurbished is just the latest secondhand initiative from a major retailer in recent months. The Gen Z and younger millennial consumer is already accustomed to this,” she pointed out.

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Retail TouchPoints

AUGUST 1, 2022

Global social commerce sales are expected to skyrocket from $492 billion in 2021 to $1.2 trillion in 2025, and this growth means that AR experiences will “have the potential to change the social commerce game for brands targeting tech-savvy consumer demographics,” according to a recent TIME report.

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Inside Retail

AUGUST 20, 2022

As we know, today’s consumers are doing much of their shopping online. To help navigate this cookieless world, Braze released a Retail Customer Engagement Review that looks to solve three common challenges being faced by retailers today. Between May 2020 and May 2021, Australians spent $48.1

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Retail TouchPoints

MARCH 8, 2023

Over the last four years WHP Global has rapidly re-established its flagship brands, Toys ‘R’ Us and Babies ‘R’ Us, bringing the beloved chains back to retail after their 2018 bankruptcy. A Toys ‘R’ Us flagship launched at the American Dream mall in New Jersey in December 2021, and a Babies ‘R’ Us flagship will join it this summer.

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Rangeme

AUGUST 12, 2022

This 2022 retail trend is welcome news for diverse suppliers looking for growth abroad. Right now, consumer packaged goods (CPG) companies are trying to manage the risk of tighter profit margins. Globally, we’re seeing a rise in conscious consumerism , where consumers shop according to their values. December 1, 2021.

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Retail TouchPoints

JANUARY 14, 2021

At Bed Bath & Beyond, Reath will be responsible for the launch of new customer value propositions for each of the company’s core retail banners in 2021. Bed Bath & Beyond also announced the appointment of three multi-award-winning marketing and communication agencies as it continues to strengthen its creative team.

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Rangeme

JULY 12, 2021

Retail is revving up across the pond. More consumer packaged goods (CPG) brands are eyeing the U.K. market as a way to expand as the e-commerce boom smashes international barriers and fuels retail growth. retailers who seek spectacular products for their physical and digital shelves. Market size. eSeller365.

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Retail TouchPoints

JULY 20, 2020

While the latter may be true, excess inventory also has a silver lining of hidden pathways to optimizing excess inventory that lead straight to your bottom line through distribution in the off-price retail market. In the past, repurposing it required a meticulous approach that was equal parts complicated and time-consuming.

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Independent Retailer

AUGUST 17, 2022

secondhand retail market is booming and expected to double to $82 billion by 2026. . Younger Generations Favoring the Pre-Owned Market. Online Retail Experiencing a Decline. While more consumers are turning to secondhand shopping, online retail is declining. Because of the price increases, the U.S.

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365 Retail

NOVEMBER 14, 2023

The beauty giant initially exited the UK market in 2005 but made a strong comeback in 2021 through the acquisition of Feelunique, subsequently rebranding and relaunching the site in October 2022. The first flagship store in Westfield White City was launched in March 2023, receiving an extraordinary reception from UK consumers​​​​.

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Independent Retailer

DECEMBER 5, 2022

Based on search data, consumers conduct more online searches around Black Friday than Cyber Monday. Retailers were cautiously optimistic going into Black Friday and Cyber Monday this year. Despite this, retailers still saw success from the big shopping weekend, as purchases were higher this year than in 2021.

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Mass Relators

MARCH 8, 2023

from the 2,227 products reviewed in 2021, and it is the third consecutive year with a decrease in HBW launches. This three-year decline can be directly attributed to delayed introductions in some cases, and in others it is because of continued supply chain irregularities as the retail market continues to stabilize post pandemic.

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365 Retail

NOVEMBER 6, 2023

The grocery and food industries have notably profited from the e-commerce boom, amongst others, with many consumers opting to use grocery services for food deliveries rather than shop in-store. What’s Behind The Online Retail Boom? With recent technological developments, the growth of online retail was inevitable.

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Retail TouchPoints

JUNE 3, 2021

Retargeting consumers via ads has been at the front lines of retail marketing for a while now. in spring 2021, gives online visitors the choice of which ads they will allow to target them. Given the high and growing costs of customer acquisition, retailers have to look beyond outbound marketing.

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Independent Retailer

FEBRUARY 1, 2022

While the threat of Omicron is plaguing retailers and making them wonder what will come next, consumers are excited to kickstart their spring and summer shopping. According to a study on “The State of Retail Consumption 2022,” over half of customers across the globe say they are confident in visiting retail stores.

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Mass Relators

DECEMBER 13, 2021

Thanks to skillful executive leadership and the heroic efforts of frontline personnel, the nation’s food, drug and discount stores can look with satisfaction at a time when they fulfilled their role as businesses that meet essential needs of consumers. Then there’s the state of flux in the retail market itself.

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