Inside Retail

MARCH 26, 2024

The retailer also expects to benefit from the trend of electric bikes, and it has two national expos this year to showcase the company’s fleet to consumers. Garnsworthy believes that 99 Bikes will return to opening five to six stores annually in the future. The company expects to post a profit in the 2024 financial year.

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Returns Planning Specialty Retailers Customer Experience 130

Retail TouchPoints

MAY 17, 2024

His return to helm marked the third CEO switch-up at the company in nearly as many years. It’s unknown how many jobs will be impacted by the restructuring, but the company is expecting to incur approximately $15 million in severance costs in the coming months. Plank was reinstalled as President and CEO in March. ”

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Planning Wholesale Promotions Returns 233

Retail TouchPoints

AUGUST 7, 2023

consumers can get $20 off orders of $40 or more using the code STAPLES20 through Aug. Since Q2 2021, DoorDash has been aggressively expanding its reach via delivery deals with a wide range of retailers, including Rite Aid , Dollar General , BJ’s Wholesale Club , Tractor Supply and Kroger.

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Wholesale Returns Location Consumer 229

Inside Retail

JUNE 20, 2021

Eschewing trends, the company has grown by expanding into complementary categories, such as homewares and kids’ clothing, and diversifying its business model across wholesale, direct-to-consumer and licensing. They’re at the mercy of their wholesale and licencing customers.”. But in recent years, Ralph Lauren has struggled.

Consumer 231

Consumer Wholesale Fashion Marketing 231

Independent Retailer

DECEMBER 23, 2022

consumers have been pulling back on clothing and durable goods as soaring inflation raises the cost of food and basic items. Wholesale inventory bloat, combined with a softening demand in the economy, is taking its toll on cash flow and earnings at retailers. . Return for a Refund or Credit. Retailers were sitting on $739.5

Inventory Management 76

Inventory Management Wholesale Management Markdowns 76

Retail TouchPoints

AUGUST 30, 2021

Retail rode strong into Q2 2021 as shoppers returned to stores even as digital sales remained elevated. The spring and early summer was an optimistic time for many consumers who finally emerged from lockdowns looking to refresh their wardrobes and find items suited for smaller local outings during the warmer months.

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Consumer Fulfillment Department Stores Sporting Goods 322

Independent Retailer

APRIL 5, 2022

Wholesale Central , the internet’s leading directory of wholesale suppliers, has introduced a brand new supplier category on their website, Amazon FBA Suppliers , to make it easier for retailers nationwide to find wholesalers that offer this service. . Wholesale Central is a product of Sumner Communications, Inc.

Wholesale 82

Wholesale Drop-Shipping Jewelry Apparel 82

Independent Retailer

NOVEMBER 28, 2022

Consumers are returning more purchases than ever, especially with the growing convenience of online orders, but it is becoming an increasingly expensive problem for retailers. Last year alone, retailers lost $218 billion to ecommerce returns. Shoppers Already Expecting to Return Gifts.

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Returns Customer Retention Wholesale Fashion 85

Wiser

OCTOBER 15, 2019

Direct-to-consumer strategies have transformed retail, both in the way consumers shop and how brands and retailers manufacture, market, and sell. Importantly, a winning direct-to-consumer business will artfully navigate the relationships between brand, retailer, and consumer. What Does Direct to Consumer Mean?

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Wholesale Consumer Shipping Advertising 92

Independent Retailer

JULY 14, 2022

If you are looking to take the plunge into wholesale, here is everything you need to know in order to find the best merchandise to sell online: What is a Wholesale Business? First, you need to understand what it means to sell wholesale. This way retailers can mark up the price, selling it to consumers, and make a profit.

Wholesale 67

Wholesale Shipping Marketing Department Stores 67

Retail TouchPoints

SEPTEMBER 6, 2023

In 2019, Hanna Andersson shifted to a fully DTC model , closing all its stores and ending its wholesale business. With no plans to return to brick-and-mortar, the company’s new loyalty program offers the brand another avenue to maintain contact with its consumers.

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Drop-Shipping Wholesale Shipping Returns 248

Independent Retailer

DECEMBER 27, 2022

After the pandemic-driven surge in consumer demand that triggered a frenzy of shipping activity and skyrocketing prices, logistics and transportation companies are signaling a fast slowdown. Shipping and wholesale prices are plunging and orders are not being placed as often. . Wholesale Imports. Wholesale Imports.

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Wholesale Drop-Shipping Shipping Marketing 78

Indigo 9 Digital

NOVEMBER 16, 2023

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. million and $58.5

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Consumer Returns Advertising Marketing 98

Retail TouchPoints

FEBRUARY 17, 2023

But as brands navigate rising acquisition costs and wavering customer loyalty, D’Arcy believes they need to balance both methods to see true returns on their effort. That way when new consumers walk into stores, they’re asking specifically for our brand. One truly can’t exist without the other,” she said. “I

Marketing 287

Marketing Wholesale Advertising Consumer 287

Retail TouchPoints

SEPTEMBER 22, 2023

While consumers still make plenty of online purchases, analysts expect ecommerce sales to grow more moderately in the near term compared to the past few years. Meanwhile, consumers return to brick-and-mortar stores and seek omnichannel experiences. They invest in new storefronts and build strong wholesale relationships.

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Shipping Wholesale Fulfillment Consumer 256

Retail TouchPoints

MAY 2, 2022

Consumers have started taking sustainability into account when deciding what to buy and where to buy it. This is especially true for younger consumers: some 75% of millennials say they consider sustainability when making a purchase. Mitigating Returns. When returns do occur, far too often these items simply end up in landfills.

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Drop-Shipping Returns Supply Chain Management Shipping 327

Independent Retailer

AUGUST 8, 2023

The holiday season of 2023 is sure to be an exciting time for retailers, as consumers continue to look for the latest trends in wholesale products. To help them prepare, here are some predictions regarding upcoming wholesale product trends for the holidays this year.

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Wholesale Beauty and Health Drop-Shipping Accessories 52

Inside Retail

MARCH 21, 2023

per cent of direct-to-consumer (DTC) sales. The outdoors brand also made its first deliveries to wholesale partners in Europe and Canada during the half and launched French, German and Canadian websites. By brand, Kathmandu’s sales rebounded 51.2 per cent to $194 million. Online sales normalised at $26 million and represented 13.6

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Outdoor Wholesale Apparel Returns 246

Independent Retailer

NOVEMBER 30, 2022

While all of these new opportunities sound exciting, entering a new market unprepared can be a massive drain on resources with little to no return. Wholesale businesses need to make sure they are fully prepared to handle the process. The end consumer does not, making it a tax on final consumption. Your industry is growing.

Wholesale 75

Wholesale Payment Services Target Market Marketing 75

Retail TouchPoints

AUGUST 25, 2023

Every few decades, retail brands discover a new way to connect with consumers. The early 2000s saw the beginning of an online media push that brought standardized content from one brand to many consumers. Having a direct line with consumers via D2R provides brands with first-party retail data in a whole new way.

Consumer 243

Consumer Wholesale Marketing Returns 243

Inside Retail

DECEMBER 1, 2021

Innovative solutions emerged, inspiring consumers to step out and experience them. And in a market where convenience is key, vending machines have provided an accessible channel for consumers of far more than just soft drinks. Peach Aviation is using the machines to help send consumers on mystery tours. The new travel agent.

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Returns Point of Sale Wholesale Consumer 130

Retail TouchPoints

NOVEMBER 6, 2023

The core of this approach is “aligning our brand with the values and expectations of today’s consumers, while expanding our reach and optimizing our operations.” For example, Princess Polly incorporated Fit Finder and AR Try-On technology from Snap into its ecommerce experience and has seen a reduction in returns.

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Wholesale Fashion Consumer Marketing 242

Inside Retail

JUNE 19, 2022

The business helps luxury brands, distributors and wholesalers clear end-of-line and off-season products through online marketplaces, such as Farfetch, Net-A-Porter, Vestiaire Collective and The Iconic, as well as its own e-commerce site, Azura Runway. “We’re Luxury’s discount problem. However, Wood saw an opportunity.

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Fashion Wholesale Returns Shipping 246

Retail TouchPoints

FEBRUARY 27, 2024

A network outage can mean lost sales in the short term, as shoppers simply move to another brand for that purchase, or losses in the long term if that customer does not return. A cyberattack that compromises customer personal information can diminish the trust consumers place in a brand.

Payment Services 261

Payment Services Wholesale Store Layout Inventory Management 261

Retail TouchPoints

APRIL 12, 2021

Touted as part of its “Move to Zero” sustainability efforts, Nike Refurbished will take like-new, gently worn or cosmetically flawed shoes that have been returned within the company’s 60-day “wear test” window, and fix them up to be resold at Nike stores. The timing is ripe as consumers increasingly seek out sustainable products and brands.

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Wholesale Returns Consumer Location 246

Retail TouchPoints

MARCH 15, 2024

Founder Kevin Plank Returns to Lead Under Armour Kevin Plank will return to Under Armour as the company’s President and CEO, effective April 1, 2024. ” Wall Street seems to be less enthused about the company’s future, however, with shares of Under Armour plunging on the news of Plank’s return to the helm.

ATS 255

ATS Returns Wholesale Planning 255

Independent Retailer

JUNE 3, 2021

Informa Markets Fashion , host to premier fashion trade events including, MAGIC , COTERIE , PROJECT , and SOURCING at MAGIC — confirmed the much anticipated return of its flagship New York-based event, COTERIE New York. What to Expect. More Information.

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Returns Accessories Apparel Fashion 90

Inside Retail

APRIL 12, 2023

But, with consumers facing rising inflation and cost of living pressures across the world, the stakes for international expansion are high. Our B2B operations have reliably served as a litmus test of the wider market, serving hundreds of wholesale customers. One business that is continuing to expand its global footprint is Toys “R” Us.

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Wholesale Returns Fashion Planning 246

Retail TouchPoints

OCTOBER 13, 2021

Launched in 2016 as a DTC business, Vuori has since expanded to brick-and-mortar via wholesale at retailers including Nordstrom and REI , as well as with 10 standalone stores. Despite a widespread return to offices and schools, consumers still appear to be enjoying the more comfortable fashions they adopted in droves during the pandemic.

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ATS Wholesale Apparel Shipping 263

Inside Retail

FEBRUARY 13, 2023

Rip Curl’s sales have risen 18 per cent led by strong direct-to-consumer sales along with maintaining wholesale sales levels. By brand, Kathmandu sales continued to recover, up 51 per cent compared to the same period last year while Oboz’s first-half sales rebounded by 124 per cent from supply chain constraints.

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Wholesale Accounting Returns Consumer 130

Retail TouchPoints

FEBRUARY 9, 2023

The retailer plans to drive the necessary growth through consumer-focused initiatives, including the expansion of DTC capabilities to reach 80% of total revenue by 2028, along with reaching a total of 130 to 150 locations across the North America, EMEA and Asia-Pacific regions.

Wholesale 147

Wholesale Location Planning Returns 147

Inside Retail

FEBRUARY 10, 2022

Rip Curl’s same-store growth sales were up 3 per cent in the second quarter, reflecting a return among the surf category, while factory shutdowns of Oboz product suppliers in Vietnam impacted meeting customer demand with 50 per cent of orders left unfulfilled.

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Wholesale Returns Location Marketing 246

Retail TouchPoints

FEBRUARY 22, 2021

The mass store closures prompted by COVID-19 in spring 2020 could have spelled disaster for equestrian specialty brand Kerrits , which had operated as a wholesale-only business for over 25 years. Once the pandemic hit, our wholesalers had to close their stores, and we had to rethink our entire email plan,” said Florin.

Wholesale 246

Wholesale Accounting Marketing Outdoor 246

Inside Retail

MARCH 7, 2024

Birthday suit vice Against this backdrop, Australian fashion brand Nakedvice is on a mission to redefine accessible luxury with timeless designs that draw inspiration from vintage pieces and ‘90s nostalgia, aligning with emerging trends and consumer sentiments. The company services labels including Sportsgirl, Sussan and Seed Heritage.

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Boutique Apparel Fashion Wholesale 130

Retail TouchPoints

AUGUST 2, 2023

As a result of the brand’s “maniacal focus” on its customers, Spector said that return customers now account for 30% to 40% of ThirdLove’s business, which as moderator Richard Kestenbaum of Triangle Capital pointed out, is the “holy grail” for a DTC business. said David Spector, Co-founder and Chairman of ThirdLove.

Wholesale 239

Wholesale Drop-Shipping Marketing Accounting 239

Inside Retail

FEBRUARY 4, 2024

“Essentially the prospective shareholders looked at [Amer Sports] and said its balance sheet wasn’t strong enough, in other words, its underlying capital to continue to reinvest and build a prevailing business with the level of return required wasn’t quite strong enough,” added Walker.

Sporting Goods 130

Sporting Goods Fashion Outdoor Wholesale 130

Inside Retail

NOVEMBER 11, 2022

“As we get closer to the holiday and consumers continue to read about excess inventory everywhere, it makes sense that (consumers) are evaluating their purchases and waiting to see what the holiday deals will be,” BMO Capital Markets analyst Simeon Siegel said. billion and $6.6 billion, from about $6.9

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Fashion Accessories Wholesale Consumer 246