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It also allows a retailer to have a much larger product range without having to make a large investment to buy and hold more stock. Ocado is an online grocer and Marks & Spencer paid £750 million for a 50% stake in Ocado’s UK retail business in 2019. This is especially the case with Jaeger,” said an industry veteran.
Consumers buy things from people and retailers they trust. That’s why you still shop at the mom and pop grocer across the street from your home. If you do subscribe to our retailtrends newsletter to get the latest retail insights & trends delivered to your inbox 4. Do you like this content?
Nothing about 2020 was normal — in fact, for many retailers, the phrase ‘hindsight is 2020’ is one they should reconsider using. . Despite the economic downturn, holiday sales were up 8.3%, according to the National Retail Federation (NRF). Location, Location, Location. Take luggage for example.
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