Inside Retail

JANUARY 16, 2025

Despite modestly positive expectations for 2024, the luxury retail market did not pan out as merchants had hoped. According to a 2024 report released by global management consulting firm Bain & Company, this market dropped two per cent from an all-time high of US$387 billion to US$381 billion. billion market in 2023.

Merchant Services 130

Merchant Services Fashion Jewelry Social Commerce 130

Retail TouchPoints

JULY 14, 2020

Before the pandemic prompted closures of retail stores around the globe, eMarketer had forecast that 2020 worldwide retail sales would reach $26.46 The magnitude of the downturn and pace of recovery will be harder on the retail market than the Great Recession,” according to an article on the eMarketer site.

Fulfillment 218

Fulfillment Returns Retail Marketing Marketing 218

Inside Retail

JUNE 27, 2024

However, in the past two decades, the American mall has been standing on shaky ground due to factors like the 2008 recession and, more recently, the butterfly effect of the Covid-19 pandemic. As Baird warned retailers, “Omnichannel fulfilment is much harder in a mall environment (vs. per cent and 15.3

Retail Marketing 147

Retail Marketing Marketing Department Stores Shopping 147

Rangeme

NOVEMBER 26, 2021

Since the 2008 recession, consumers started to look for brands and products that offer better value for money. Store brands’ growth have outpaced the retail market as their quality continues to rise while often offering good value for money. Why consumers are no longer loyal to brands. Economic pressures. September 14, 2021.

Consumer 105

Consumer Customer Retention Shopping Marketing 105