Inside Retail

APRIL 29, 2021

Amazon expects net sales in the quarter ended June 30, 2020, to be between US$110 billion and US$116 billion, an increase of between 24 per cent and 30 per cent year on year. It’s not surprising that Amazon has done really well,” Jason Pallant, a senior lecturer in marketing at Swinburne Business School, told Inside Retail.

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VMS

JANUARY 25, 2022

Retailers expect more than $761 billion in merchandise sold last year to be returned by consumers, according to a report released today by the National Retail Federation and Appriss Retail. retail sales, which soared to $4.583 trillion in 2021. “As retail sales last year. percent of total U.S.

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Inside Retail

OCTOBER 24, 2021

In the wake of last year’s Black Lives Matter protests, several major retailers, including Nordstrom, Target and Walmart, have committed to stocking more diverse brands. It also plans to introduce new resources to help its Black-owned vendors grow and successfully scale their businesses in mass retail. How quotas can help.

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Inside Retail

JULY 19, 2022

Netflix bolstered its franchise-building efforts through an October 2020 restructuring under new global TV chief Bela Bajaria, a former Universal Television executive who developed such Netflix comedies as “Unbreakable Kimmy Schmidt” and “Master of None.”

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Parcel Pending

APRIL 21, 2021

Clearly, the year 2020 was the year of e-tailing, e- shopping , and eCommerce with Digital Commerce 360 reporting that US “ retail chains will end the year with a collective 76.8% However, don’t write off brick and mortar retail stores yet. Brick and Mortar Retail Stores: A Place to Try, Touch, & Taste. 2020, May 14).

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Parcel Pending

FEBRUARY 5, 2021

This can help retailers provide a contactless alternative to curbside pickup while also creating a scalable, convenient BOPIS experience. In 2020, $861 billion was spent on online eCommerce retail sales representing 21.3% of total retail sales and a staggering 87% increase from 2017 2. 2020, December 16).

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Retail Focus

SEPTEMBER 17, 2021

Fabric textures can influence the perception of colors, so creative visual merchandising concepts select and combine different fabrics with building a story for retailers. Inviting textural materials, including leather, paper, velvet, and microfiber, helps engage affluent shoppers and show the artisan value of the luxury brand. .

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Parcel Pending

JANUARY 20, 2023

The State of Returns According to the National Retail Federation (NRF), consumers are expected to return over $816 billion worth of retail merchandise in 2022. 1 Though the rate of returns saw a significant shift between 2020 to 2021 from 10.6% used textbooks, course-specific supplies or engagement tools, etc.).

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Retail Focus

JULY 20, 2021

However, retail destinations must continue to evolve and keep pace with the rapidly shifting demands of consumers, delivering beautiful, high-quality and diverse locations that offer experiences beyond shopping alone.

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Tusco Display

JANUARY 7, 2022

2022 Retail Trend Predictions Predictions abound as 2022 kicks off and retail trends are not immune to speculation. The Covid pandemic continues to loom over retail but very differently from its impact in both 2020 and 2021. We’ve written on the topic before and will continue to talk about it.

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Retailing Insight

NOVEMBER 2, 2021

R emember April of 2020 when we were all wondering what the new normal would be post- pandemic? This coming year will set the new shopping trends in stone for the next decade and create a new standard for retailers to pay attention to and master. Watch out for Cash App and Venmo options for contactless payments in the future as well.

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Parcel Pending

MAY 18, 2021

In fact, eMarketer predicts that online retail sales will grow 17.9% And by 2024, eMarketer predicts ecommerce’s share of total retail sales will exceed 20% 1. In 2020, it surged 54% to $95.82 National Retail Federation. 2020, August 25). Next Generation Engagement [Report]. 2020, May 1).

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Retail Insider

JUNE 24, 2021

We know e-commerce penetration is still on the rise and experts at Womble Bond Dickinson predict in their Retail Economics report that more than 50% of retail sales will be made online by 2028. They are always leading the march for innovation and developing new ways to engage customers.

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Inside Retail

APRIL 16, 2024

According to eMarketer, social commerce sales hit US$67 billion in 2023 and are expected to reach up to US$144.5 To put that into perspective, social commerce sales were barely US$27 billion in 2020. And via ads and subscriptions, these viewers fund our creators and drive the eyeballs and engagement our advertisers want.”

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Compliantia

JUNE 28, 2021

That said, if the pandemic has taught us anything, it’s that retailers must double down on multi-channel selling strategies instead of relying heavily on their brick-and-mortar stores alone. In fact, even as total retail sales saw a 10.6% drop in 2020 (as compared to the previous year), total online sales went up 44%.

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Inside Retail

JUNE 30, 2021

In fact, China saw its economy strengthen in November 2020, with retail sales expanding by five per cent. Hopefully, as vaccines roll out across Southeast Asia, and the eventual relaxation of the MCO, will set the retail industry firmly on the path to recovery and growth.

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Inside Retail

JUNE 16, 2021

While the northern hemisphere basks in the warmth of summer, winter officially begins in Australia — which also means, it’s time to get ready for End of Financial Year (EOFY) sales. With retail being one of the most negatively impacted industries in 2020, there’s no doubt that businesses within this sector are eager to recoup losses.

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Greater Group

DECEMBER 24, 2019

This experiential retail based concept now blows new life into the 36 Macy’s stores nationwide. Now integrated with Macy’s, customers are given a new reason to engage with the brand and to come back on regular occasions to explore the latest exciting additions to the store.

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Retail Times

APRIL 4, 2021

Don’t wait until they’re standing in front of you to engage them (well-informed shoppers have likely made up their minds at that point, anyway). Solutions like Pointy (acquired by Google in 2020) make this simple. Download Vend’s Retail Sales Guide to learn how to attract customers and boost conversions.

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