Retail TouchPoints

AUGUST 17, 2023

The latest Consumer Price Index (CPI) data highlights a significant deceleration in inflation, now standing at half of last year’s peak. This moderating trend in inflation is an encouraging development, but it is not without its caveats, particularly within the dynamic and complex terrain of the retail and consumer goods industries.

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Retail TouchPoints

FEBRUARY 11, 2022

Consumers are increasingly voting with their feet when it comes to the issues that affect our world and our nation. But consumers are starting to focus on sustainability as a primary determining factor. Websites and apps provide the perfect platform to educate consumers on more than just color and size. Don’t Stop at Shoes.

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Retail TouchPoints

FEBRUARY 21, 2022

With the start of another year in the new normal, retailers are still questioning how to best engage with consumers in the post-pandemic world. In the past two years, consumers’ expectations and preferences have vastly changed. If one thing has become clear during the last two years, it’s that consumers value options for convenience.

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Retail TouchPoints

SEPTEMBER 17, 2021

The Adobe Index — which analyzes consumer transactions across more than 100 million SKUs in 18 categories — found that consumers have spent more than $541 billion online in the first eight months of this year, from January through August 2021. However, the report indicates that consumer fears about inflation have not been inflated.

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Retail TouchPoints

JUNE 7, 2021

In order to promote their commitment to ethical sourcing, fashion brands must prioritize traceability. Otherwise they may struggle to track every level of their supply networks and provide the transparency that today’s consumers demand. Traceability for Ethical Sourcing — What Fashion Brands Need to Know. Transaction tracking.

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Inside Retail

MAY 27, 2024

“Each time I say that I get goosebumps, the blue jean is arguably the most impactful apparel item on the planet,” he stated. Today, Levi’s channels a lot of resources into differentiating its core product offering to show up in new and exciting ways for its loyal consumers.

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Retail TouchPoints

FEBRUARY 24, 2023

Spurred by the global pandemic, a rise in social activism and the surge of wellness movements, consumer sentiment has shifted significantly over the past few years. Nearly all (93%) consumers surveyed in PwC’s most recent Holiday Outlook shared that trust is a top influencer in their buying decisions. Pre-pandemic, that number was 70%.

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Retail TouchPoints

DECEMBER 18, 2023

Now the site, which gets its revenue from ad sales, is preparing to become a retailer, potentially selling animal-themed apparel or souvenirs. We recently went to Africa to find interesting partners that we could promote on our site. Even then, the plans are to devote a portion of the profits to the NGOs it supports.

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Inside Retail

MARCH 3, 2024

Mosaic Brands is facing legal action for allegedly breaching the Australian Consumer Law by failing to deliver “several hundred thousand products” to its customers within advertised timeframes. This is in contrast to the company’s committed delivery timeframe promoted online of two to 17 business days from the purchase date.

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Inside Retail

NOVEMBER 27, 2023

This is not just a transient trend but a robust response to the changing consumer, who now craves the tactile satisfaction of in-store shopping along with the personalisation and convenience of online commerce. Today’s consumers might browse products online and then feel, try and buy them in physical stores.

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Retail TouchPoints

MAY 2, 2024

A recent Coresight Research consumer survey revealed that nearly three in five ( 56.9% ) of surveyed consumers are members of at least one loyalty program, and more than half spend more with retailers once they join their loyalty program — a net 39.5% As a whole, loyalty programs are quite popular. higher spend overall.

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Retail TouchPoints

NOVEMBER 4, 2021

Despite having just officially begun, this holiday shopping season already is marked by supply chain disruption, persistent inflation and mixed consumer confidence. And just like last year, it looks like consumers will respond by turning to ecommerce.

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Retail TouchPoints

APRIL 8, 2021

Recently, however, something new has begun to drive massive growth in the used goods sector — consumers who are shopping based on their values , in addition to searching for value. It is this facet of the modern economy that consumers have begun to reject. The Fastest-Growing Channel in Retail’. “ The Cool Factor.

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Retail TouchPoints

MAY 17, 2023

Ebay ’s spending spree is continuing with the acquisition of Certilogo , a provider of digital IDs and authentication tools for apparel and fashion goods. “Ebay pioneered recommerce, while Certilogo pioneered connected products and consumer-facing digital authentication. .

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Wiser

JULY 18, 2023

Factors That Could Influence Consumer Spending Part of developing a successful holiday sales strategy includes forecasting the upcoming season. In fact, just this year, Salt Lake City, Utah made the switch over from fireworks to drones in order to promote safety after a record number of wildfires.

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Inside Retail

NOVEMBER 9, 2023

How much do consumers spend? While Alibaba started “Double 11” in 2009 to win over online shoppers with discounts and promotions, China’s major e-commerce platforms now all take part in it. ” On the day, single people treat themselves with gifts and presents, while also organizing social gatherings and parties.

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Mass Relators

AUGUST 4, 2022

Consumers’ purchasing power has been strained by higher prices, particularly for the most fundamental needs-based categories like food and energy,” said Michelle Meyer, U.S. Thus far, nominal spending remains strong as consumers cope with high price inflation. chief economist, Mastercard Economics Institute. versus last July and up 13.9%

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365 Retail

SEPTEMBER 7, 2023

Well, here’s one way that’s worth your time: custom apparel. You might be thinking, “How do I embark on this custom apparel journey?” But first, let’s explore why custom apparel is a transformative move for your brand. Not only will the apparel last longer, but it will also look more professional.

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Apparel Advertising Fashion Marketing 52

Wiser

OCTOBER 2, 2018

However, one marketing tactic has stood the test of time, and for good reason: the promotion. . Shoppers won’t know your excellent sales if you don’t promote them. Promotions are one of the best ways to communicate your discounts, sales periods, and other crucial information to your target audience. Black Friday Winners .

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Retail TouchPoints

NOVEMBER 18, 2021

Retailers certainly need to know what consumers want , but perhaps an even more important question is: How do I provide it to my shoppers? Jess Huang, Partner at McKinsey, said that by honing data governance and targeting practices, retailers can give consumers a better experience not just on their site but across the internet.

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Retail TouchPoints

OCTOBER 11, 2022

In 2022, the impact of economic uncertainty, particularly in rising prices of non-discretionary expenditures like gas, food and housing, will rein in consumer spending. These forecasts can be attributed to continued consumer enthusiasm for ecommerce even in a post-pandemic world with more physical stores open for business.

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Inside Retail

FEBRUARY 12, 2023

Last year saw much more awareness brought to new innovations in textile and apparel, particularly on the sustainability front, so this year we’re already seeing lots of development and effort around bringing these innovations to businesses and consumers,” Cintia Nunes, general manager and head of Asia at The Mills Fabrica, told Inside Retail.

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Inside Retail

AUGUST 22, 2023

Earlier this month, popular US-based intimates brand Parade was acquired by Ariela & Associates International (AAI), a global manufacturer of branded and private-label apparel. Its campaigns featured a wide range of models across the gender spectrum with different skin tones, body types, and aesthetics.

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Apparel Promotions Consumer Fashion 246

Retail TouchPoints

OCTOBER 6, 2022

Rather than being limited to a jam-packed four to five weeks from Black Friday to Christmas Eve, consumers are beginning their shopping as early as October (with a few doing so even earlier than that). McNamara spotlighted a surge in promotional activities in July 2022 that marked the official kickoff of the back-to-school season.

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Retail TouchPoints

MAY 17, 2024

However, with consumer sentiment low and economic concerns still front of mind, this approach could backfire. With the constant pressure on revenue and profitability, retailers need to rethink their returns strategies to protect their margins while providing a frictionless experience for consumers. Immersive experiences.

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Inside Retail

OCTOBER 26, 2021

Lego declared it would promote inclusive play and address harmful gender stereotypes with its toys. More recently, “ woke washing ” has seen brands promoting social issues without taking meaningful action. How then can brands legitimately shoulder responsibility to support or promote societal transformation? Change from within.

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Retail TouchPoints

MARCH 26, 2024

Leading the charge in innovative, consent-driven strategies is the adoption of zero-party data , or data that consumers proactively share with a brand. Let’s consider an apparel retailer employing zero-party data strategically in its advertising.

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Inside Retail

AUGUST 3, 2023

ARA CEO Paul Zahra said the decline demonstrates a continued slowdown in consumer spending – and adds to the pressure retailers are already under as the cost of doing business skyrockets. Most other categories suffered as a result of consumers prioritising essentials like food and cutting back on discretionary spending.”

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Retail Wire

SEPTEMBER 13, 2022

Deloitte expects that Americans will spend four to six percent more on Christmas shopping this year than in 2021 as higher prices cool consumer demand. Apparel, gift cards and toys are expected to be big sellers this year. “If

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Apparel Promotions Consumer Shopping 130

Retail TouchPoints

JUNE 9, 2023

In many instances, declines occur because consumer shopping patterns shift over time. When that happens, a retailer becomes the consumer’s choice, or at least one of the top choices. They promoted value on home goods, and consumers also thought “They probably have the stuff I want.” Verdi: It’s true.

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Retail TouchPoints

DECEMBER 8, 2023

To take the obsession even further, it seems like everyone is wearing branded apparel promoting them. This branded apparel — or merch, as it’s more commonly called — sent consumers into a frenzy. The key to consumers’ hearts lies in the merch partner you choose. But what goes into these quick-turn collaborations ?

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Retail TouchPoints

NOVEMBER 8, 2023

It requires a comprehensive approach to every retail process, as sustainable retailers seek to minimize ecological footprints, promote ethical labor practices and make a positive social impact. Working closely with suppliers promotes transparency and sustainable practices across supply chains.

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Apparel Promotions Consumer Accessories 218

Inside Retail

APRIL 29, 2024

Dubai-based retailer and distributor GMG and US-based apparel and footwear company VF Corporation recently announced a significant expansion of their long-standing partnership to solidify their presence in the growing markets of Southeast Asia (SEA) and the Middle East and North Africa (MENA).

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Retail TouchPoints

OCTOBER 14, 2022

Victoria’s Secret has moved away from its previous strategy of a sexualized vision promoted by former CMO Ed Razek under the leadership of Leslie Wexner , CEO of former parent company L Brands , to accommodate shifting consumer preferences. billion in 2019 to $6.6

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Retail TouchPoints

NOVEMBER 22, 2021

Foot Locker has promoted its current EVP and CEO-North America, Franklin Bracken, to be the retailer’s first-ever COO. The apparel retailer also has created a new Chief Strategy, Innovation and Development Officer role and begun a search for someone to fill the position.

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Inside Retail

JUNE 1, 2023

Growing consumer expectations of free delivery and free returns are placing pressure on retailers who on one hand recognise customer demand, but on the other are trying to reduce their operating costs. This is especially true with women’s apparel, for example. “We’ve Another strategy, she says, is to automate fulfilment.

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Retail TouchPoints

DECEMBER 30, 2022

.” Sporting goods and active lifestyle retailers have been responding to the continued growth in consumer demand for outdoor gear. In September 2021 , DICK’S Sporting Goods launched its Public Lands store concept that offers outdoor apparel, footwear and equipment.

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