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Introducing the post-Covid connected consumer

Inside Retail

Crises give us new problems to solve and those problems are more often than not addressed through new forms of connectivity. New technologies have sprung up to connect consumers at a time of increasing distance. The world of gaming evolved to connect entertainment, fashion and consumers on metaverse platforms such as Roblox.

Consumer 130
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How different consumers really perceive AR

Inside Retail

AR has a wide variety of potential applications, from allowing consumers to virtually try on clothes or see how products fit within their own homes, to enabling employees and designers to better explore product features. In fact, a large proportion of consumers (almost half) are at best Hesitant towards AR, or at worst actively Averse.

Consumer 147
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Showfields and the bankruptcy of the ‘most interesting store in the world’

Inside Retail

US-based retailer Showfields, the self-described “most interesting store in the world”, filed for bankruptcy this month and will be restructuring through a form of Chapter 11 bankruptcy created during Covid to help small businesses continue operations, reorganise, and maintain control of finances without creditors taking over.

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Sessions & Speakers for ACTION IN RETAIL 2020 Announced

RetailMinded

DENVER, CO — July 16, 2020 — ACTION IN RETAIL is pleased to welcome Co-Hosts IBM, Lightspeed and Zoovu to their debut, virtual experience that will provide inclusive, diverse and accessible business solutions and content to help retailers of all sizes navigate and thrive as the sector builds back better. Consumers are changing.

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Banned Chinese cotton is widespread in global retailers’ merchandise – survey

Inside Retail

A federal report published in 2022 estimated that cotton from Xinjiang accounted for roughly 87 per cent of China’s production and 23 per cent of the global supply in 2020 and 2021. It then often makes its way to the US in the form of apparel made by suppliers in those countries, according to the report.

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How We’ll Shop in 2021: Key Trends and Consumer Habits

RetailMinded

Shopping habits changed so rapidly in 2020 that thousands of businesses were caught unaware. With 2021 fast approaching, a headstart on how consumers will be shopping could be vital for long-term success – providing merchants with a roadmap to align their business to customers’ newly formed wants and needs. .

Consumer 128
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As more jewellery brands embrace lab-grown diamonds, some fear oversupply

Inside Retail

The downfall derived from months of lowered consumer demand, lowered average selling prices, and increased expenses. It wasn’t until the late 1980s that gem-quality, lab-grown diamonds became available on a commercial level to consumers. per cent that were set with engineered stones in 2020. However, revenue fell to US$2.8

Jewelry 246