article thumbnail

Asos and Boohoo resort to nearshoring amid the Red Sea crisis

Retail Gazette

Asos and Boohoo have ramped up nearshoring in light of the ongoing attacks on container ships on the Red Sea and Suez Canal routes. Boohoo has so far declined to comment further.

Shipping 116
article thumbnail

The Reject Shop posts sales decline due to lockdowns, absenteeism

Inside Retail

.” During the half, the company increased its retail prices on selected products to counter rising international shipping costs which were five times higher than pre-Covid levels. Store expenses were reduced by $1.1 Despite this, the company managed to open 11 new stores in both metropolitan and country areas.

Shopping 245
Insiders

Sign Up for our Newsletter

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

article thumbnail

The Reject Shop profit jumps 643 per cent as restructure moves past ‘reset’

Inside Retail

Comparable store sales fell 19 per cent in total, with large shopping centre and CBD stores making up the bulk of that. The Reject Shop was also hit with $9 million in unbudgeted costs to international shipping, with costs of shipping goods from overseas increasing “each month” according to the business.

Shopping 246
article thumbnail

Customer satisfaction is basically unchanged

Mass Relators

Cool stability,” says ACSI managing director David Van­Amburg. This study includes six retail industries — online retail, department and discount stores, specialty retail stores, drug stores, supermarkets and gas stations — as well as consumer shipping and the U.S. out of 100). Postal Service.

Grocer 52
article thumbnail

Customer satisfaction with retailers is mostly steady

Mass Relators

Cool stability,” says ACSI managing director David VanAmburg. This study includes six retail industries – online retail, department and discount stores, specialty retail stores, drugstores, supermarkets, and gas stations – as well as consumer shipping and the U.S. out of 100). Postal Service.

article thumbnail

Retail Trends to Pay Attention to in Charts

Indigo 9 Digital

The volume of returns are increasing and retailers are struggling to figure out how to manage the cost of those returns. It can cost a retailer between $10 to $20 per order to process a return and this cost does not include shipping. eCommerce returns. Source: Bloomberg. Consumer priorities. Source: Nielsen.