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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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Three trends shaping the luxury retails sector in 2025

Inside Retail

Moving further into 2025, Driscoll affirmed that the luxury [retail market] needs to address its ubiquity, lack of innovation and the last few years of double-digit price increases without a corresponding increase in dream fulfillment and experience, product quality and innovation. billion market in 2023. per cent year-on-year.

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eMarketer: COVID-19 Retail Recovery Will Take Longer Than ‘Great Recession’ Rebound

Retail TouchPoints

After the 2008-2009 financial crisis, it took the majority of affected markets approximately one year for retail sales to return to pre-crisis levels. Curbside pickup and other at-store fulfillment options have helped drive the surge in e-Commerce sales. “We trillion , 12% higher than its revised estimate of $23.36 We now expect U.S.

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Why Online Marketplaces are Outpacing Ecommerce in a Post-COVID World

Retail TouchPoints

In the face of this product scarcity, the retailers that could fulfill consumer needs quickly were immediately rewarded. They pursued high-demand products with unforeseen urgency — first in critical categories like personal protective equipment, groceries and sporting goods, and followed more recently by apparel and beauty products.

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SHEIN’s Head of Strategy on Setting (and Achieving) Firmer ESG Goals

Retail TouchPoints

Third-party suppliers then access these demand metrics through the system and let the brand know whether they have the capacity to fulfill that demand for production. Priority 3: Localization Order fulfillment and transportation management play a big role in the sustainability conversation, and SHEIN shared that it would spend $7.6

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6 Keys to Empowering Store Associates During the Holiday Season

Retail TouchPoints

retailers will add 410,000 seasonal positions this year, which is the lowest number of jobs added in the quarter since 2008. If they’ve been on the job for several months or longer, they know that their time is split between serving in-store customers, as well as picking, packing and fulfilling online orders.”

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Reinvest and innovate: Key takeaways following Fenton & Fenton collapse

Inside Retail

Buyers beware For consumers, Walker said that there is always the risk of “buyers beware” when making purchases, with consumers raising concerns about the fulfillment of their Fenton & Fenton orders. “The jury is out.” He pointed to Bunnings online marketplace as an example of this.

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