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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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Amazon, Ikea commit to using zero-carbon shipping fuels by 2040

Inside Retail

Amazon.com Inc and Ikea are among commercial users of container shipping that will opt for zero-carbon marine fuels by 2040 in a new initiative aimed at speeding up decarbonisation in the maritime sector, executives said on Tuesday. ” Boston Consulting Group estimates that the global shipping industry will need US$2.4

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Revolve SVP’s playbook for going global and the importance of localisation

Inside Retail

In 2008 and 2009 we had a lot of customers from around the world knocking on our door wanting to purchase from us, however, we didn’t ship to [every] country. What we did was simple, we started using the US Postal Service to ship to customers globally. In that category, delivery is provided by Australian Post.

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The £1 billion profit club: What comes Next for the fashion giant?

Retail Gazette

It joins the likes of Tesco, which has profits of more than 2bn, B&Q owner Kingfisher, which surpassed 1bn in profit in 2022, and M&S in 2008. Next CEO Lord Wolfson As ever, chief executive Lord Wolfson is keen not to jump the gun. “To some it may seem an important milestonewe do not share that view.”

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Melbourne homewares brand Fenton&Fenton enters liquidation

Inside Retail

Established in 2008 by Lucy Fenton, the brand sold homewares, furniture and artwork through its physical store in Prahran, Melbourne and online. It ships across both Australia and New Zealand. According to 7News , several consumers have expressed concern regarding their orders since the company entered liquidation.

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Wrangler, M&S, Anthropologie and More Mark Earth Day with New Sustainability Initiatives

Retail TouchPoints

In fact, 51% of consumers said they would be willing to pay more for products shipped through sustainable methods, up significantly from just 15% of consumers in December 2023, according to a new survey from Radial. Wrangler Looks to Reduce Reliance on Raw Materials Pieces from the second Wrangler Reborn collection.

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Developing the Optimal Lifecycle for Successful Promotions

Retail TouchPoints

If the demand spikes in one geographic region, will the shipping couriers be able to deliver the products within the designated delivery timeline? He has been the Managing Director of the gicom group with branches in Overath/Cologne, Germany and the United States since 2008. This being said, promotional planning goes beyond pricing.