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In 2025, Changing Consumer Demand will Reshape the Supply Chain

Retail TouchPoints

A customer-centric approach to supply chain management is challenging; it requires a deep understanding of consumer expectations and behaviors, not just today but also for the foreseeable future. For starters, consumers appetite for digital commerce is skyrocketing. In 2020, global ecommerce sales reached $4.2

Consumer 279
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Why Australian home goods brand Hommey is taking off in the US retail market

Inside Retail

Justin Kestelman, the founder and chief executive officer of Hommey, told Inside Retail he wanted to create a brand that millennials and Gen Z consumers would want to have in their homes. Kestelman stated, We are not neutral or bland. Previously, it used an Australian shipping company, which led to delays.

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How Retailers can Find Balance When Consumers are Polarized on Social Issues

Retail TouchPoints

Conversely, companies like Costco doubled down on DEI efforts , and social media feeds became filled with consumers signing up for memberships. consumers who say they will pay more based on an important value, nearly a quarter are spending more than they were six months ago. Resonate data shows that of the 54 million U.S.

Consumer 147
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Coresight Predicts Store Closures will Spike to 15,000 This Year

Retail TouchPoints

store closures totaled 7,325 , the highest number since 2020, when Coresight tracked almost 10,000 closures. Inflation and a growing preference among consumers to shop online to find the cheapest deals took a toll on brick-and-mortar retailers in 2024, said Deborah Weinswig, CEO of Coresight Research in a statement. In 2024, U.S.

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How G-Star is recalibrating its local strategy for a post-Covid retail landscape

Inside Retail

After a four-year hiatus, G-Star Raw is poised to re-establish its presence in Australia and New Zealand, emerging from a turbulent chapter in the market. The Australian arm of the Dutch-founded denim giant, established in 1989, collapsed into voluntary administration in early 2020 as the advent of covid engulfed the market.

Returns 264
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Marquee Adds Laura Ashley to Brand Portfolio

Retail TouchPoints

Marquee bought the brand from Gordon Brothers , which acquired Laura Ashley out of bankruptcy in 2020. Laura Ashley now joins Marquees slate of consumer brands, which includes Martha Stewart , Sur La Table , BCBG , Destination Maternity and Dakine. Financial details of the transaction were not disclosed.

Wholesale 277
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Walmart Joins Growing List of Brands Backtracking on DEI Initiatives

Retail TouchPoints

Abandoning DEI will have long-term consequences on business success — ultimately shirking fiduciary responsibility to employees, consumers and shareholders,” read the letter. The Founder and President of the National Black Farmers Association , John Boyd Jr.,

Marketing 278