article thumbnail

Forever 21: 4 Reasons it Failed & Filed for Bankruptcy

Indigo 9 Digital

It was easy for Forever 21 to capture the hearts and minds of young consumers looking for trendy apparel. Although clothing is a department store staple retailers like Sears or specialty retailers like Gap couldn’t keep up with a more nimble fast fashion retailer like Forever 21. Large stores are inherently risky.

article thumbnail

5 REASONS OMNICHANNEL ORDER FULFILMENT IS ABOUT MORE THAN JUST SPEED…

Retail Minded

1 : CONSUMERS DEMAND SPEED, FLEXIBILITY AND CONTROL. The pandemic undoubtedly changed consumer behaviour. As consumers are increasingly demanding stronger visibility, this has rapidly become the standard of play for all brands – regardless of whether they are B2B or B2C labels. 2 : CONSUMER EXPECTATIONS ARE STRONGER THAN EVER.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

12 Critical Retail Industry Performance Metrics (2020)

Retalon

Most Important KPIs for the Retail Industry in 2020. Navigating changing consumer tastes and the evolving technology landscape has always made retail a challenging industry. Today, it is more important than ever for retailers to have a tight grip on the state of their business. In-Stock Percentage Benchmark Example.

article thumbnail

What is GMROI in Retail? (Formulas, Benchmarks, Examples)

Retalon

Ultimately, a “good GMROI” will depend on how much control a retailer has over costs and prices. Retailers that deal with vendors that dictate costs, or those in highly competitive markets will experience lower GMROI. Here are 5 common mistakes retailers should avoid in order to control GMROI. The post What is GMROI in Retail?

Returns 41