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Scarred by the 2008 Recession and COVID, 48% of Gen Z Frequently Shops at Discount Stores

Retail TouchPoints

That sense of unease is to be expected from a cohort shaped by both the 2008-2009 Great Recession and the COVID pandemic, and it’s had a big impact on their shopping choices: nearly half ( 48% ) say they shop the most often at discount/off-price retailers, and 25% frequently patronize dollar stores.

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Kmart reveals leadership transition as MD Ian Bailey retires

Inside Retail

Spaseska started her career at Wesfarmers as a business development analyst in April 2008. Current Kmart CFO Aleksandra Spaseska will succeed Bailey as MD. She has been appointed as deputy MD of Kmart, effective today and assuming the MD role on April 1.

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As Gen Z Enters Prime Spending Years, Brands Sharpen Their Pitch

Retail TouchPoints

They’ve been shaped/scarred by not one but two global economic traumas — the Great Recession of 2008-2009 and the COVID pandemic — and they’ve grown up with social media playing an increasingly large (and loud) role in shaping culture, including how these consumers shop, research and purchase products and services. What are you listening to?

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David M Robinson expands its presence at Liverpool ONE with opening of OMEGA boutique

Retail Focus

Grosvenor Britain & Ireland has announced that award-winning British luxury jewellery retailer, David M Robinson (DMR), is to open a new OMEGA boutique on South John Street at the heart of Liverpool ONE. John Robinson, Managing Director at David M Robinson, added: “Liverpool is our spiritual home and Liverpool ONE is our flagship store.

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From Niche Product to Viral Sensation: How Bogg Bag Ventured into 1,800 Target Stores

Retail TouchPoints

However, this latest expansion has kickstarted a new growth trajectory for the business, which started in 2008. And when you go to the Jersey Shore, it’s an all-day affair: you pack up at 7 a.m., This was the only bright spot at an otherwise dismal time. But we are looking at advertising in a positive light going forward.

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Zara opens significantly upsized Liverpool ONE flagship, 
rounding off year of landmark signings

Retail Focus

The new 42,000 sq ft store is the latest example of brand investment in the destination, following a landmark year of signings that will make 2025 Liverpool ONEs biggest year for openings since it launched in 2008. A further 34 brands committed to the destination last year, covering a total of 200,000 sq ft.

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Boeing Strike Continues; Updates and Predictions

Retail Wire

This marked the first strike at Boeing since 2008. The strike followed the rejection of a proposed four-year agreement between Boeing and the International Association of Machinists (IAM) union.

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