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How Rising Prices Shape Consumer Behavior

Retail Focus

Retailers face mounting expenses throughout supply chains, from manufacturing to shipping fees. A store that previously sold shoes for $50 may now charge $65 in order to maintain the same profit margin. Discount Retailers and the Appeal of Value Shopping Dollar stores and discount chains expand as inflation rises.

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Revealed: The secret CX strategies to dominate in a downturn

Inside Retail

In the current state of retail, demand and conversion rates are steadily dropping among traditionalist shoppers. Demand is falling, conversion rates are dropping, and customers are cautious. Instant gratification is the main reason for customers in both traditionalists and NEOs to make purchases in-store. Good value.

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Retailers Need to Embrace Technology to Survive in the Omnichannel World

Wiser

Rick Patsos, Manager of the Lead Generation team at Wiser. Shoppers want to make the most out of their trips to stores. When the item they want is not in stock at one of your stores, most shoppers will go to one of your competitors to see if they have it. Oftentimes, store layout is not considered.

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RangeMe Recap of the 2021 Global Market: Fall Experience

Rangeme

Investors and retailers need to know what is selling immediately in order to manage their capital. While DTC isn’t for everyone, offering drop-ship capabilities still gives brands major brownie points. Your story must also come with data. Data is the new oil—you have to have it,” O’Leary explained. Responsible retailing.