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.

Marketing 264

Marketing ATS Accounting Consumer 264

Retail TouchPoints

JUNE 1, 2022

Shoppers are returning to stores, again. 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.) BOPIS is growing.

Checkout 295

Checkout Location Shopping Consumer 295

Inside Retail

APRIL 12, 2021

Nike will start collecting and cleaning some of the sneakers that are returned by customers and reselling them at a discount in stores as part of its Nike Refurbished program, which launched on Monday. . The brand plans to expand the Refurbished program to more US stores throughout 2021 and beyond. ” How Nike Refurbished works.

Fast Fashion 264

Fast Fashion Fashion Returns Consumer 264

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.

Fulfillment 299

Fulfillment Beauty and Health Advertising Accounting 299

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.

Customer Experience 316

Customer Experience Consumer Shopping Fashion 316

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

Advertising 264

Advertising Beauty and Health Marketing Consumer 264

Retail TouchPoints

OCTOBER 14, 2021

Retailers and consumers alike are bracing for a holiday season much like the last — masks look set to remain a top stocking-stuffer; “supply chain” has a become a daily topic in mainstream media; and parents are gearing up for tears with the top toys of the year already predicted to go out of stock.

Marketing 287

Marketing Promotions Consumer Customer Experience 287

365 Retail

NOVEMBER 14, 2023

Sephora’s return to the UK retail scene has been strategic and impactful. 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.

Returns 105

Returns Beauty and Health Marketing Location 105

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.

Beauty and Health 72

Beauty and Health Apparel Consumer Returns 72

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.

Consumer 105

Consumer Customer Retention Shopping Fulfillment 105

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.

Inventory Management 149

Inventory Management Apparel Fashion Specialty Store 149

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.

Specialty Store 138

Specialty Store Specialty Retailers Social Commerce Advertising 138

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.

Consumer 41

Consumer Location Fulfillment Shopping 41

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.

Marketing 174

Marketing Advertising Consumer Planning 174

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.

Discount Store 52

Discount Store Fulfillment Returns Consumer 52

365 Retail

NOVEMBER 24, 2021

Every year the Christmas retail marketing blitz seems to start earlier and earlier, and in Britain, we love nothing more than a good grumble about it. We sigh when online sales and email marketing campaigns start targeting us months before we’ve pulled together our shopping lists. However, 2021 looks set to be the exception.

Management 98

Management Fulfillment Shipping Returns 98

Retail TouchPoints

JULY 30, 2021

products, combined with the sheer size of the Chinese market, make the potential hard to ignore : “It’s an opportunity for Western brands to find a faster-growing market than the one they’re currently operating in. Chinese Consumers are Unique, so your Strategy Should be Too. billion in 2021, making up 37.4%

Merchant Services 277

Merchant Services Accounting Social Commerce Payment Services 277

Retail TouchPoints

JULY 2, 2021

After nearly 18 months of seismic changes and Olympics-caliber pivots, retailers are beginning to take a breath and examine what’s happened to the industry — and even more important, what’s going to be most vital moving forward. It was all about test, learn, iterate. We learned that we couldn’t make assumptions.

Merchant Services 183

Merchant Services Customer Experience Marketing Consumer 183

Retail TouchPoints

OCTOBER 22, 2021

Today when a consumer buys a product [on Amazon], the odds are better than not that it’s going to be a third-party seller’s product,” said Andy Jassy, who succeeded Amazon Founder Jeff Bezos as CEO a little over three months ago and gave the keynote address at the Amazon Accelerate conference for the company’s third-party sellers.

Fulfillment 229

Fulfillment Management Accounting Marketing 229

Inside Retail

SEPTEMBER 6, 2022

Undeterred, FamilyMart returned just a few months later, but four years on it only has 130 stores, all in Ho Chi Minh City and neighbouring areas of Vung Tau and Binh Duong. Between between 2013 and 2018, the country’s retail market was growing at about 11 per cent each year – massive cumulative growth for any retail market in the world.

Payment Services 130

Payment Services Supermarket Marketing Kiosk 130

Mass Relators

MAY 25, 2021

Compared to last year, discretionary retail sales revenue in the U.S grew 17% from January 1 through May 8, 2021, the NPD Group said. Even more strikingly, retail sales increased 18% over 2019. Following are four important overarching retail trends to watch in the coming months: Experiential spending returns.

Beauty and Health 52

Beauty and Health Apparel Consumer Accessories 52

365 Retail

NOVEMBER 1, 2021

Retailers hoping for decent returns from their promotions investment this year will need a much more detailed picture of what’s actually happened as they go into peak, says Robin Coles, Managing Director EMEA at XCCommerce. 77% wanted coupons and vouchers etc while 62% said they would be loyal to retailers who offer promotions.

Promotions 52

Promotions Consumer Management Advertising 52

Retail Gazette

AUGUST 3, 2023

between its 2017/18 and 2021/22. GlobalData senior data analyst Matt Walton says that the retailer has been “caught in a pincer movement” on both price and design. Bloomberg Intelligence retail analyst Charles Allen agrees. That will take some time and we’re in a very unforgiving retail market,” he says.

Payment Services 98

Payment Services Location Management Planning 98

Retail Gazette

AUGUST 3, 2023

between 2017/18 and 2021/22. GlobalData senior data analyst Matt Walton says that the retailer has been “caught in a pincer movement” on both price and design. Bloomberg Intelligence retail analyst Charles Allen agrees. That will take some time and we’re in a very unforgiving retail market,” he says.

Payment Services 98

Payment Services Location Management Planning 98

Wiser

AUGUST 25, 2023

And also, there’s Bruce Nagle, VP of Market Development and former founder of RW3, a second retail execution platform acquired by Wiser in 2021. As a result of putting these efforts in place, the National Association of Retail Marketing Services attributes 8.

Suggestive Selling 78

Suggestive Selling Management Accounting Marketing 78