Remove 2019 Remove Location Remove Retail Trends
article thumbnail

More Private Label, Smaller Store Footprints: How COVID-19 Is Accelerating Existing Retail Trends

Retail TouchPoints

in 2014 to 40% in 2019. The pandemic also may accelerate retailers’ embrace of smaller stores located closer to shoppers’ homes. Retail was already shrinking in terms of floorspace: total square footage dropped by 4.4%. over the past three years. Growing E-Commerce Could Accelerate A Shift Toward Smaller Stores.

article thumbnail

From Clicks to Bricks: Expanding Brand Loyalty Through Physical Stores

Retail TouchPoints

Several years ago, a handful of direct-to-consumer (DTC) brands expanded into the physical retail space. Now, dozens of others have followed suit, making the leap from entirely digital to opening brick-and-mortar locations. An Emerging Retail Trend. Advantages of Becoming a ‘Clicks to Bricks’ Retailer.

Shopping 276
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Logistical Nightmare Before Christmas: How to Avoid it

Retail TouchPoints

During those same months in 2019, 95% of Prime orders were received within the promised delivery window. While there won’t be the usual in-store stampedes to snag the latest flat screen TV or long lines wrapped around a store on Black Friday this year, we can still expect retailers to maximize the use of their store locations.

Shipping 165
article thumbnail

15 Facts You Need to Know About StockX the Billion Dollar Resale Platform

Indigo 9 Digital

Traditional retailers are not sitting back watching this market grow. In 2019 Foot Locker invested $100 million in resale platform GOAT, its largest investment ever at the time. In 2019 it had an estimated market size of $6 billion and it is projected to grow to $30 billion by 2030. StockX is now valued at $3.8

article thumbnail

Retail Statistics You Should Know

Small Biz Trends

Retail Statistics: The Big Picture. The retail market size is continuously growing. According to a report from the National Retail Federation, the US retail sales in 2020 grew 6.7% over 2019 in spite of ubiquitous public health emergencies in the country. What’s more, retail trade added 4.8 Gift Cards.

article thumbnail

4 Reasons Why Retail Workers Want to Unionize

Indigo 9 Digital

While the pandemic has tested all retail organizations many retailers are better off more than two years into the pandemic. Amazon’s revenues have grown by a whopping $189 billion since 2019 and Target’s revenues are up by $28 billion since the pandemic started. These impressive sales statistics are not lost on retail workers.

article thumbnail

Nordstrom’s Strategy for Success, 6 Key Elements

Indigo 9 Digital

billion up 39% from 2020 but revenues were just shy of Nordstrom’s 2019 pre-pandemic revenues of $15.1 Nordstrom has not been immune to the toll the pandemic is taking on the retail sector with its net sales down in the first quarter of 2020 by 39.5%. Customers must opt-in on Nordstrom’s app to give Nordstrom their location details.

Returns 98