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New Fast Fashion Powerhouse: Shein Teams Up with Forever 21

Retail TouchPoints

Shein also has been on an expansion path of its own: In October 2022 Shein launched Shein Exchange , a platform for buying and selling previously owned Shein products; In May 2023 Shein opened its platform to third-party sellers; and In June 2023 Shein expanded its product assortment beyond fashion.

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H&M’s New SoHo Location Features Secondhand Shop-in-Shop

Retail TouchPoints

Inside H&M ’s new store in NYC’s SoHo neighborhood, the fast fashion retailer has nested a shop-in-shop featuring curated secondhand pieces — the brand’s first resale location in North America. To celebrate the debut, beginning Feb.

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Despite COVID, Spanish Retailer Rolls Out RFID Across 125 Stores in One Month

Retail TouchPoints

The retailer was founded in 1986 by Raúl Méndez on Spain’s Gran Canary Island, and now has 145 points of sale throughout Spain, including 125 stores, and operates under the women’s fast-fashion brands Encuentro Moda and Öbu. The handheld readers also are employed for online order fulfillment.

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7 Stories that Shaped 2023 — and What They Foretell for 2024

Retail TouchPoints

The latter had always been based on a marketplace model, and Shein added a marketplace in May to expand its reach beyond fast fashion. Among the biggest challengers were Chinese-based discount shopping apps Shein and Temu.

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10 Commandments for Operating a Successful Retail Store

Retail Next

Manage store inventory and billing with an effective POS system. When you go omnichannel, order fulfillment is everything: if a product is out of stock in the warehouse, place an online order from the store; or let orders be picked up at the store when available. Flag poorly performing channels. Track buyer trends.

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Jason & Scot Show Episode 300 – Goodwill Finds CEO Matt Kaness

Retail Geek

We cover many of the tactical challenges (onboarding SKUs, product content, fulfillment, and curation), as well as the opportunities of this new “CircularCommerce” space. Goodwillfinds.com is an e-commerce site, which sells previously owned merchandise, which has been donated to Goodwill.