2008 Customer Retention Returns 
Retail TouchPoints
JANUARY 23, 2024
The positive vibe of the show was largely driven by retail executives’ obvious eagerness to explore which new technologies would help them maximize customer retention and business growth in 2024. Some things have sure returns attached to them, and sometimes you have to make a bet and go with your gut.
Inside Retail
JUNE 22, 2023
When inflation begins to drop and interest rates return to decline – we will likely see a resurgence in discretionary spending habits,” Zahra said. He believes that there are similarities between the current situation and the Global Financial Crisis (GFC) in 2008, with the rate of inflation more significant now.
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Independent Retailer
APRIL 28, 2022
The United States’ consumption of candy increased sharply during the economic downturn that began in 2008. Cadbury’s profits went up 30 percent in 2008, Nestle saw an 11 percent growth that year, and The Hershey Company’s overall sales increased five percent a year from 2008 to 2010 during the worst part of the recession.
Rangeme
NOVEMBER 26, 2021
According to Bain & Company, a 5% increase in customer retention correlates with an increase in profit of at least 25%. 42 Interesting Stats about Customer Loyalty You May Not Know. Since the 2008 recession, consumers started to look for brands and products that offer better value for money. 5 Amaresan, Swetha.
Indigo 9 Digital
FEBRUARY 27, 2023
That means that the happier the customer the fatter the employee’s pocket book. Since the company’s IPO in 1992, Starbucks’ stock has generated a return of more than 30,600% as of January 4, 2023 to investors. Even Warren Buffett would be impressed with those returns. Stock options are not the only perk.
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