Retail Adventures

AUGUST 20, 2024

Mystery shopping your competition is a crucial strategy for staying ahead of what’s happening in your marketplace. It’s important because these visits help you keep your finger on the pulse of industry and community trends, customer service standards, and competitor offerings. Mystery shop your own store.

Shopping 91

Shopping Merchant Services Visual Merchandising Markdowns 91

Retail Adventures

SEPTEMBER 4, 2022

How often do you mystery shop your competition – in person, online and on social medias? Shopping your competition is an exercise that needs to happen at least once a quarter. When we mystery shop we carefully examine the operational categories in the store, and then rate each one on a scale of 1 to 10. Monthly, yearly?

Shopping 52

Shopping Merchant Services Visual Merchandising Markdowns 52

Retail Adventures

AUGUST 8, 2023

How often do you mystery shop your competition – in person, online and on social medias? Shopping your competition is an exercise that needs to happen at least once a quarter. When we mystery shop we carefully examine the operational categories in the store, and then rate each one on a scale of 1 to 10. Mystery shop your store.

Shopping 52

Shopping Merchant Services Visual Merchandising Markdowns 52

Indigo 9 Digital

SEPTEMBER 1, 2022

In many of these arrangements the retailer hosts the marketplace and instead of buying the inventory from the brand the brand is responsible for it and a retailer like Marks & Spencer pays a commission on every sale. It will give them more reasons to shop at M&S,” said Katie Bickerstaffe, co-CEO of Marks & Spencer.

Drop-Shipping 95

Drop-Shipping Markdowns Planning Grocer 95

Wiser

NOVEMBER 16, 2016

As the holiday shopping season begins, retailers large and small are looking to meet and surpass sales expectations for the year. Here, we can see the average percentage of discounting for the women’s handbag category across Macy’s, Bloomingdale’s and Nordstrom for the 2015 holiday shopping season on a week-by-week basis.

Promotions 60

Promotions Markdowns Shopping ATS 60

Indigo 9 Digital

FEBRUARY 28, 2023

Shein has grown very fast becoming the most downloaded shopping app on iOS and Android in the United States in May of 2021 with Amazon coming in second. If you do subscribe to our retail trends newsletter to get the latest retail insights & trends delivered to your inbox 3. Do you like this content?

Fast Fashion 98

Fast Fashion Fashion Apparel Department Stores 98

Indigo 9 Digital

SEPTEMBER 7, 2022

Then the COVID-19 pandemic hit and consumers around the world were forced to shop online sending digital sales to levels never seen before. With more pricing control brands can offer more merchandise at full price, avoiding markdowns which are thought to negatively impact a luxury brand’s image. It’s a test and learn approach.”.

Boutique 98

Boutique Fashion Customer Experience Markdowns 98