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

Wiser

The emergence of eCommerce has transformed traditional shopping habits, with a growing number of parents and students turning to online platforms to fulfill their annual back-to-school shopping needs. Understanding these changes and adapting effectively is crucial for retailers who aim to capitalize on this annual shopping event.

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Jewelry Sales Increased Sharply in July, Survey Finds

VMS

At a national level, back-to-school shopping is well underway, impacting a number of sectors as anticipated in our forecast. Return of the In-Store Shopper: Brick-and-mortar browsing is making its return, with in-stores sales making up 81.9% of total retail sales (ex auto) for the month.

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U.S. retail sales increase 7.2% in January

Mass Relators

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%

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Nordstrom’s Strategy for Success, 6 Key Elements

Indigo 9 Digital

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. Innovative store formats. So how strong is Nordstrom?

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6 Reasons Walmart’s eCommerce Strategy is Winning

Indigo 9 Digital

Since 90% of the United States population lives within 10 miles of a Walmart store this move has become a game changer for the retailer. Consumers love shopping online but what they really want is control. Consumers are looking for one stop shopping. The desire for one stop shopping is not new.

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Why Direct to Consumer Brands Struggle with Profitability

Indigo 9 Digital

With companies like Shopify it has never been easier to set up shop online. 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. of revenue.

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Retail Statistics You Should Know

Small Biz Trends

We have assembled all the numbers you need, including store operations, shopper behaviors, how retailers market their businesses, and much more. If you own a retail store or are considering shop ideas for a new one, take a look at the stats below. Retail Statistics: The Big Picture. Physical Stores.