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Wiser Insights: Navigating 2023’s Online Back-to-School Retail Trends

Wiser

Understanding these changes and adapting effectively is crucial for retailers who aim to capitalize on this annual shopping event. The convenience, variety, and value offered by online platforms presents a compelling proposition for consumers. Retailers must adapt their strategies to meet these changing customer needs and expectations.

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Which Retail Trends Show How Important Technology Is In 2024?

365 Retail

The latest technology has always played a huge role in the retail industry. From cash registers being used in the first department stores to the introduction of credit cards in the mid-20th century, retailers have always had to be aware of technology trends. appeared first on Retail News and Events.

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Why Direct to Consumer Brands Struggle with Profitability

Indigo 9 Digital

By Tricia McKinnon Over the past decade direct-to-consumer businesses have popped up in nearly every corner of the retail sector. From mattresses sold by Casper to prescription eyeglasses from Warby Parker ambitious founders have taken a page from Amazon’s playbook hoping to sell goods directly to consumers online.

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What Nordstrom’s Paul Smith pop-up says about the future of this retail trend

Inside Retail

One of the key trends that defined retail in 2023 was pop-up shops and how these experiential shopping experiences have taken hold over millennial and Gen Z consumers. Midway into the first quarter of 2024, there are no signs of this experiential retail trend slowing down.

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The Top Shopping Mall Trends To Watch Over the Next Decade

Indigo 9 Digital

Department stores, a mall staple, have been in decline for at least a decade. Between 2007 and 2018 the number of department stores in the United States declined by 1,159 while the segment featuring the highest growth, dollar stores, saw its store count increase by 12,535 stores.

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U.S. retail sales increase 7.2% in January

Mass Relators

retail sales excluding auto increased 7.2% Despite the shadow of Omicron and elevated inflation, consumer spending was buoyed by pent-up savings, wage growth and the continued re-opening of the “experience economy.” Beneficiaries included Department Stores, Apparel and Luxury, which all saw double-digit growth. .

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The ‘Social Proof’ is in the Pudding: Gartner Analyst Explains the Lure of Livestream Shopping

Retail TouchPoints

Matt Moorut, principal analyst at Gartner for Marketers , recently explored the topic of livestreaming and offered practical advice for how retailers can get the most out of it. Retail TouchPoints (RTP) : Why are consumers flocking to livestream shopping? For younger consumers, this is an extension of the way they behave online.

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