Wiser

SEPTEMBER 18, 2023

Furthermore, the COVID-19 pandemic has played a significant role in this shift, with safety concerns prompting many to avoid crowded department stores. As the market continues to evolve, these insights will become increasingly crucial in helping retailers stay ahead of the game and prosper in the online retail space.

Retail Trends 148

Retail Trends Promotions Department Stores Shopping 148

Retail Assist

JANUARY 12, 2023

Return options. 2022 saw a rise in retailers charging for shoppers to return online purchases, with ¼ of the UK’s leading retailers charging an average cost of £3.53 for a return. But this hasn’t impacted return rates with online returns up 26.6% in November 2022. Labour shortages to continue.

Retail Trends 52

Retail Trends Social Commerce Returns Department Stores 52

Mass Relators

FEBRUARY 14, 2022

Beneficiaries included Department Stores, Apparel and Luxury, which all saw double-digit growth. . Key retail trends were a continuation from the strong holiday season, including: . The shift back to services: The pandemic arrested a decades-long trend of more spending on services vs goods. YOY and 9.8%

Payment Services 52

Payment Services Department Stores Apparel Jewelry 52

VMS

AUGUST 11, 2021

Overall, key retail trends from July include: Child Tax Credit Boosts Department Stores and Apparel Sales : The first of six monthly Child Tax Credit payments provided parents with an infusion of cash during the peak back-to-school shopping season, with Apparel (+80% YOY) and Department Store (+44.8%

Jewelry 72

Jewelry Merchant Services Payment Services Department Stores 72

Indigo 9 Digital

MARCH 3, 2023

By Tricia McKinnon Do you shop at department stores? The reality is that over the years a slew of retailers have feasted on department stores as if they are an appetizing dish at lunch. That’s the trouble facing department stores. Open smaller stores. Probably not as much as you used to.

Department Stores 52

Department Stores Promotions Location Shopping 52

Indigo 9 Digital

MAY 31, 2022

Nordstrom on the other hand has weathered many tests of time and is thought to be one of strongest department stores. Nordstrom also entered into a partnership in 2019 where it began accepting returns of online orders from competitors such as Kohl’s and Macy’s. So how strong is Nordstrom? Last year it generated revenues of $14.4

Department Stores 98

Department Stores Returns Beauty and Health Shopping 98

Indigo 9 Digital

NOVEMBER 16, 2023

It’s expensive when you don’t have stores. Then there are those pesky returns. How often have you bought something online, then returned it without a second thought? For the retailer that’s a cost that eats into profits. Take department store Kohl’s, last year its marketing costs were only 4.9% of revenue.

Consumer 98

Consumer Returns Advertising Marketing 98