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Adidas Shifts to DTC-First Model, Plans to Double Ecommerce Sales by 2025

Retail TouchPoints

Nonetheless, Adidas is optimistic, citing the recovery seen in Q4 2020, its strong market position and attractive growth prospects for the sporting goods industry as a whole. The move is in line with similar shifts made by competitor Nike, which is ditching wholesale accounts and beefing up its digital and DTC business as well.

Planning 194
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To Experience the Future of Retail, You’ll Want to Go to the Store

Retail TouchPoints

Over the past three years, most of us have done a lot more shopping online, so it’s easy to forget that while ecommerce is still growing, most retail commerce still happens in stores. In Q3 2022, ecommerce accounted for less than 15% of all retail sales.

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How Retailers can Combat the Rising Threat of Theft

Retail TouchPoints

Dick’s Sporting Goods also attributed part of the brand’s 23% profit drop in the second fiscal quarter of 2023 to theft ( CNBC ). External Theft According to the NRF, shoplifting and other forms of external theft, including burglary, accounted for 37% of reported shrink in 2022. Despite your efforts to hire good people, the U.S.

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Announcing: Retail Reborn Season 2

Retail Prophet

Campanella is associate professor of urban studies and city planning at Cornell University and historian-in-residence of the New York City Parks Department. You have to take into account values that might be different. Gilsenan oversees all retail operations as well as the expansion of vision services.

Fashion 52
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Jason & Scot Show Episode 300 – Goodwill Finds CEO Matt Kaness

Retail Geek

So you know I’m acutely aware that you can’t control timing and, and yet the kind of put yourself out there so that was my plan last year and in doing so what I realized was I’m like I get the most energy and I do my best work when, back in the phase of a company where it’s. [33:22]