article thumbnail

Digital Is Turning Retail Into An On-Demand Model

Retail TouchPoints

For example, sustainable ‘rental fashion’ is one phenomenon taking over the industry as Millennial and Gen Z consumers, who value access over ownership, buy into the concept of hiring clothing at a fraction of the retail price.

article thumbnail

Kiwis ‘not served well’ by grocery duopoly, but report reactions mixed

Inside Retail

Another major issue is the inability of new retailers to be able to access competitively-priced stock from wholesalers, controlled by the duopoly. For years, this has led to convenience store operators buying stock at a Countdown or Pak’N Save store where common items can be bought in volume considerably cheaper than from wholesalers).

Wholesale 130