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Exclusive Q&A: EY Defines 5 Post-Pandemic Consumer Segments

Retail TouchPoints

Two years later, as consumers adapted to shutdowns designed to stem the spread of COVID-19, EY recognized that the speed of consumer transformation had greatly accelerated and that new research was needed, explained Jeff Orschell, EY’s Americas Retail Leader and Global Account Leader, in an interview with Retail TouchPoints.

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Goat Group: 7 Things You Need to Know About its Strategy & Growth

Indigo 9 Digital

When they launched Goat, they really hit the right market segment. They went in and addressed a problem that the industry was having, which was fake products and authenticity, the things that made potential customers very leery of buying online,” said George Belch, chairman of the marketing department at San Deigo State University.

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The Brilliant Strategy Behind Supreme’s Success

Indigo 9 Digital

British-American entrepreneur James Jebbia started Supreme out of a skateboard shop in New York City in 1994. The deal was significant because it was the first time such a large private equity firm invested in the streetwear market. What has led to Supreme’s ascent and dominance in the clothing market?

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All About Shrinkflation and Its Impact

Rangeme

Retailers respond to market shifts. Retailers have responded to broader market factors by reducing their own expenses, ordering less merchandise, and adding new fees. Yet retailers may not be able to avoid shrinkflation. Yet many consumers resent retail’s great disappearing act.

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Off-Price Retailers, the Secrets to their Success

Indigo 9 Digital

Source: Placer ai Amongst the three largest retailers in the off-price space, the TJX companies (T.J.Maxx, Sierra Trading Post, HomeGoods, Marshalls, and Homesense) have the largest market share at 68%, followed by Ross Stores (Ross Stores and dd’s Discounts) at 22% and Burlington Stores at 10%. Do you like this content?

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15 Best Apps for a Business Selling Clothes

Small Biz Trends

It’s a Huge Market to Sell Clothes Online. It should be no surprise there’s a huge market for reselling clothing. Consider these latest figures from one of the top fashion resale sites, thredUP: The fashion resale industry totals about $20 billion in sales alone, and it is the biggest resale market in the US.

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How Ulta Beauty Takes Product Innovation to the Next Level

Rangeme

Ostrowski: We are so proud The Wellness Shop , an initiative we launched last year as wellness has been introduced across every category in our assortment. The Wellness Shop has an assortment of five, easy-to-understand pillars to help educate and inspire purchases while removing some of the complexity from the wellness journey.