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Holiday Retail Trends 2023: Essential Insights for Online Brands & Retailers

Wiser

Analyzing the holiday retail trends of 2023 can illuminate the path forward for brands and retailers and clarify the steps they need to take to stay competitive. Data can help identify the promotional strategies that resonated with consumers, the products that flew off the virtual shelves, and the ones that didn’t.

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The ones to watch: Retail trends that should be on your radar

Inside Retail

So, what’s in store for retail in 2021 and beyond? Let’s look at four key forecasts: Continued rise of digital Shift in the role of bricks-and-mortar Increased value of personalised experiences Greater influence of young consumers. Twenty-twenty changed the retail industry forever. Young consumers will reward uniqueness.

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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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5 Do-or-Die Retail Trends for 2022

Independent Retailer

However, there is a catch: many of the rapid-fire changes that retailers rushed through in response to the pandemic have proved surprisingly popular with consumers. Here are the five key trends that businesses should take seriously as they plan for the coming year: . Customers Care About Return Policies.

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Retail Trends to Pay Attention to in Charts

Indigo 9 Digital

“A surprisingly weak retail print indicates that the Fed’s rate hikes are starting to bite. But consumers had other ideas, it turns out they enjoy shopping in stores more than many realized and in categories like clothing the share of online sales now are lower than before the pandemic. eCommerce returns. Consumer priorities.

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Retail’s Future is Phygital

Retail TouchPoints

Phygital retail experiences, in which physical elements and technology coexist, offer opportunities to bring customers closer to your brand. Consumers expect a seamless interaction with a brand when and where they want it. Retailers need to make sure their in-store and online spaces can meet those demands.

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Does Procurement Play a Role in Retail Recovery?

Retail TouchPoints

The last year and a half has been tremendously disruptive to all kinds of businesses, particularly the retail industry. In addition to difficulty in securing new merchandise for sale, broken supply chains had many retailers scrambling for alternative sources of equipment, materials, and services.