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5 Trends from NRF 2023 That Retailers Can’t Ignore

Retail TouchPoints

The annual retail gathering brought a huge set of new companies and interesting perspectives that will shape the future of retail over the next three years. We expect RMNs to expand beyond grocery into apparel and specialty and convenience stores.

Grocer 263
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Identifying the ‘Faces’ Behind Faceless Online Transactions

Retail TouchPoints

retail sales surpassed general merchandise sales for the first time in history. According to McKinsey , ecommerce sales in apparel, department stores and beauty products have increased by nearly 10%, on average, since the onset of the pandemic. Because of this ease, merchants have begun relying on POS financing to drive sales growth.

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Digital Transformation Propels Burton’s Omnichannel Growth Plans

Retail TouchPoints

While the name Burton is almost synonymous with the snowboards the company began making in 1977, Burton has diversified over the years into new categories — including surfboards, apparel, goggles/optics and other sports gear — as well as expanding beyond manufacturing into direct-to-consumer (DTC) retail, both physical and digital.

Planning 276
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UK’s top 25 fastest growing online retailers revealed

365 Retail

The UK’s top 25 fastest growing online retailers have been revealed with beer brewing brand Pinter topping the table. Researchers tracked growth rates for hundreds of companies across England, Wales, Scotland and Northern Ireland. Progress JJ (Jiu Jitsu clothing) – 446%. 4,Kick Game (sneakers and streetwear) – 353%.

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Returns Management is essential for a positive customer experience

I Vend

iVend Retail Management Suite iVend’s retail technology helps retailers in returns management. Check out our flexible POS, loyalty program and inventory visibility systems. Planned returns – the growth of online shopping has dramatically increased returns.

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Fastest Growing Online Brand In The U.S. Crowned After Posting 13x Sales Growth In One Year

Retail Minded

A specialist bicycle wheel store has emerged as the fastest-growing ecommerce brand in the US, with a staggering 13x (1,357%) growth in revenue over the past twelve months, according to a new league table. This includes apparel retailer, J. Almost half of the top ten fastest growing brands in the US for 2022 are female led.

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POST COVID-19 Outlook on Sporting Goods Industry & Market Trends: The Good, The Bad and The Greatest Opportunities Ahead

RETAIL MANAGEMENT SOFTWARE

Rising consumer spending combined with higher disposable income in the last quarters of 2019, was expected to stimulate industry revenue growth, as more consumers require sporting goods for their health and fitness. Department stores, mass merchandisers and retailers that exclusively sell apparel are not included in this category.