Remove 2011 Remove Consumer Remove Fulfillment
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Incy Interiors to cease trading this month, starts closing down sale

Inside Retail

The owner of embattled furniture brand Incy Interiors has apologised to customers for lengthy delivery delays and says the retailer will work to fulfil all outstanding orders before shutting up shop. SmartCompany has asked NSW Fair Trading and Consumer Affairs Victoria if they have received any formal complaints about Incy Interiors.

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‘An exciting way to test a new market’: More fashion brands turn to rental

Inside Retail

Australian online clothing rental company GlamCorner is adapting its offering as more brands look to launch their own branded rental service amidst major changes in consumer behaviour. This resonates with younger consumers in particular. There’s a huge opportunity for GlamCorner to be a part of that and help them do that.”.

Fashion 246
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Exclusive Q&A: Marketplaces Large and Small Benefited from COVID Ecommerce Surge

Retail TouchPoints

Census Bureau Quarterly Retail E-Commerce Sales data going all the way back to 2011, ecommerce sales as a percentage of total retail sales increases relatively linearly through the beginning of 2020. It may seem odd to say this, but for brands or retailers with local stores, I think these will become more important as fulfillment nodes.

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

Retail TouchPoints

Consumer shopping habits have shifted irreversibly towards ecommerce in the past two years. In the face of this product scarcity, the retailers that could fulfill consumer needs quickly were immediately rewarded. For many, every day has become a holiday as new packages arrive from their favorite online retailers.

Apparel 272
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Is it Time for RFID to Shine?

Retail TouchPoints

However, with retailers feeling more pressure to streamline omnichannel fulfillment, supply chain visibility has risen to the top of the priority list. In 2021, the average cost of an RFID tag was four cents , down 80% from 2011, according to McKinsey. After all, consumers want to be able to get products whenever and however they want.

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FedEx Plans $1 Billion in Cuts as Demand Falls

Retail TouchPoints

consumers — discretionary spending confidence fell from 29% in 2021 to 24% in 2022, according to data from Deloitte. That’s the highest level we’ve recorded since 2011. “As we look to the second half of our fiscal year, we are accelerating our progress on cost actions, helping to offset continued global volume softness.”.

Planning 246
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PCs and smartphones: Is the slump finally over?

Inside Retail

According to a report authored by analysts at Citi Research, expectations in 2023 that a turnaround was imminent are now being fulfilled and they are likely to be sustained for some time as new models are rolled out. Computers have a replacement cycle and we are now in the middle of one.