RETAIL MANAGEMENT SOFTWARE

JANUARY 23, 2023

As retailers adapt to a new normal, a seamless omnichannel experience and hybrid shopping are shaping the future of retail. Here are the top 10 retail trends impacting the industry in 2023. Brands typically need more data to deliver personalized messages to consumers at scale.

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RETAIL MANAGEMENT SOFTWARE

DECEMBER 24, 2021

The Retail market landscape has seen significant changes in retail trends and shifts in consumer behavior since the coronavirus breakout, but the industry now appears more optimistic about the growth prospects. Here Are The Ten Emerging Retail Trends We Predict For 2022. New Look Stores.

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Retail TouchPoints

JANUARY 20, 2022

The last year and a half has been tremendously disruptive to all kinds of businesses, particularly the retail industry. In addition to difficulty in securing new merchandise for sale, broken supply chains had many retailers scrambling for alternative sources of equipment, materials, and services.

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Retail TouchPoints

JULY 2, 2020

For consumers, that’s a lot of power. And for retailers, that’s a lot of competition. Retailers that can provide a satisfying shopping experience have a strong advantage, but consumers are a demanding bunch. Outsourcing not only eases the pressure on retailers but can also save time, cut costs and boost speed.

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Independent Retailer

JANUARY 20, 2022

However, there is a catch: many of the rapid-fire changes that retailers rushed through in response to the pandemic have proved surprisingly popular with consumers. Here are the five key trends that businesses should take seriously as they plan for the coming year: . Consumers are Looking for Happiness.

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Retail TouchPoints

OCTOBER 20, 2020

If current supply chain trends continue, Salesforce has forecasted that 700 million holiday gifts will likely not arrive on time this year. Even back in August, major carriers such as FedEx and UPS already were seeing holiday-level volumes, with UPS’ shipping volume up 30% and FedEx’s up 25%.

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Retail TouchPoints

JULY 13, 2021

Nothing about 2020 was normal — in fact, for many retailers, the phrase ‘hindsight is 2020’ is one they should reconsider using. . Despite the economic downturn, holiday sales were up 8.3%, according to the National Retail Federation (NRF). Location, Location, Location.

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Retail Next

FEBRUARY 11, 2020

Shoppers want their orders the next day, with free shipping whenever possible. Though some companies have struggled to keep up, others are adapting and revolutionizing the way modern retail operates. The rise of e-commerce has encouraged businesses to rethink how they communicate with consumers and manage their supply chains.

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Small Biz Trends

SEPTEMBER 18, 2021

And one of the best ways it makes these products available to small and medium online retailers like you is by offering drop shipping. If discovering products that are easy to have drop shipped has been a challenge, look no further than Alibaba.com. Yet as a small online retailer, this is not always readily available.

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Indigo 9 Digital

DECEMBER 19, 2022

“A surprisingly weak retail print indicates that the Fed’s rate hikes are starting to bite. But consumers had other ideas, it turns out they enjoy shopping in stores more than many realized and in categories like clothing the share of online sales now are lower than before the pandemic. Consumer financial challenges.

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Retail TouchPoints

APRIL 19, 2021

Whilst news of a trade deal came as a huge relief, consumer rights when shopping online have not come out unscathed at the hands of Brexit. Some of these costs and additional paperwork are also applicable to British customers buying products that have been shipped from the EU. Removing the Brexit Red Tape.

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Inside Retail

MAY 8, 2022

Shoes are also very bulky so shipping costs and storage can also have challenges unlike with apparel, jewellery, eyewear, beauty, etc. IR: What are some of your favourite local and international retailers and why? IR: What is a retail trend that you’re really interested in right now and why?

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Inside Retail

SEPTEMBER 11, 2023

Along with other retail trends, e-commerce has changed the amount of inventory retailers are keeping on store shelves, and the frequency with which those shelves are restocked,” says Steve Dimitrovski, senior sales consultant, retail and e-commerce, for Swisslog Australia and New Zealand.

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Indigo 9 Digital

JANUARY 11, 2023

When you shift activities consumers used to complete on their own to a retailer, someone has to pay for it. In the past Morgan Stanley has estimated the average order value for a one day shipping order from Amazon is $8.32. to fulfill and ship that order which means Amazon loses money on many orders. But it costs $10.59

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Rangeme

NOVEMBER 26, 2021

Like Janet Jackson, more consumers are asking brands, “What have you done for me lately?” In the past three months, more than 80% of consumers purchased a different brand from the one they normally buy and 44% said they would repurchase the new brand even if the original preferred brand was available again. 1 Devenyns, Jessi.

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Rangeme

JULY 29, 2022

What Fast Fulfillment Means to Consumers. Most retailers’ supply chains were not prepared for the abrupt switch in transportation and fulfillment needs or the sudden spike in consumer demand. . According to consumers, promising fast shipping sells. 3 Unexpected Benefits of Fast Fulfillment. More Sales.

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Rangeme

APRIL 8, 2021

Welcome to consumer technology in the age of COVID, where tech gadgets of all kinds became an essential part of the way we lived, worked, learned, entertained and pretty much performed every other activity during 2020. Wellness has taken consumers way beyond Bluetooth headsets and fitness trackers. Take sleep, as an example.

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Rangeme

NOVEMBER 1, 2022

Barcodes allow retailers and supply chain partners to scan a product into their systems so they can record transactional events (like shipping and receiving) and facilitate efficient inventory management in warehouses and stores. The UPC in your online listing also helps make your product more discoverable in online searches.

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Indigo 9 Digital

MAY 17, 2022

By Tricia McKinnon The resale market is one of the fastest growing segments of retail. One of the reasons it has grown so fast is that platforms like StockX make it easy for consumers to put up their coveted merchandise for sale in a secure and transparent manner. 25% of the items sold on StockX are sold for less than retail price.

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Indigo 9 Digital

MARCH 9, 2023

Since 90% of the United States population lives within 10 miles of a Walmart store this move has become a game changer for the retailer. Consumers love shopping online but what they really want is control. Be honest, before the pandemic weren’t you were part of the vast majority of consumers that had never tried curbside pickup?

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Wiser

SEPTEMBER 28, 2017

While shoppers could opt to pay extra for expedited shipping, another option is to pop into a store and walk out certain that they have everything they need. Shoppers would much rather have peace of mind, knowing all their bases are covered, instead of crossing their fingers that retailers will be able to deliver. Ship from Store .

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Indigo 9 Digital

AUGUST 12, 2022

Cohen has said GameStop will have: “competitive pricing, broad gaming selection, fast shipping and a truly high-touch experience that excites and delights customers.” If you do subscribe to our retail trends newsletter to get the latest retail insights & trends delivered to your inbox. Do you like this content?

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Independent Retailer

APRIL 1, 2021

Retail experts are expecting a huge boom in brick-and-mortar sales come the spring and summer months since the vaccine rollouts are making consumers more comfortable to shop in person. Now is the time to get ready to fully reopen and for brick-and-mortar retail to come back to life. Post-Pandemic Retail Trends.

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Rangeme

FEBRUARY 28, 2022

While the process may have been long, their dedication to quality control created a product line that allows all consumers to enjoy a sweet treat for every occasion, no matter age or health restrictions. The process flowed well on both ends, resulting in many happy keto consumers. Sharing their recipe for success. So, what’s next?

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Rangeme

DECEMBER 16, 2021

It’s the retail equivalent of a lump of coal: supply chain disruption is retail’s most urgent priority right now since the holidays are coming up fast. Let’s see how supply chain disruption is impacting retailers, CPG suppliers, and consumers—and how companies are mitigating risk to protect business continuity.

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365 Retail

DECEMBER 7, 2021

Making it easier for customers to buy products and services while using their smartphones should benefit online retailers and increase their profit margins. . Creating an omnichannel experience for customers is not a retail trend that will come and go; it’s here to stay. . Drop Shipping. Relaxation Products.

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Indigo 9 Digital

SEPTEMBER 7, 2022

Then the COVID-19 pandemic hit and consumers around the world were forced to shop online sending digital sales to levels never seen before. While stores will always have value all brands are rethinking how best to serve their consumers digitally. It’s a strategy that is familiar one in the retail industry.

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Indigo 9 Digital

FEBRUARY 13, 2023

Wayfair operates on a dropship model where it doesn’t own the majority products it sells to consumers. At one end of the supply chain, an entrepreneur identifies a product – usually through Chinese e-commerce platform AliExpress – which they think they can sell to European or American consumers. You need a way to make the model work.”

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Wiser

OCTOBER 10, 2024

While Buy Online, Pick Up In-Store (BOPIS) has been around for some time, it has seen significant growth in recent years due to shifting consumer behaviors and the increased demand for omnichannel experiences. Leverage Data Insights BOPIS provides valuable data on consumer behavior.

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Rangeme

AUGUST 1, 2022

Fulfillment is a broad term that encompasses every aspect of storing, packing, and shipping your goods. As your business gains traction, you may struggle to find the time to pack and ship your orders. Perhaps you run out of storage space, or will run out of space if you take that large order from a retailer or wholesale partner.

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Rangeme

AUGUST 9, 2022

Our guest speakers covered everything from small team leadership and understanding consumer shopping habits to building profitable promotions and increasing your chances of reorders. This isn’t the first time we’ve seen conscious consumerism play a large role in consumer trends, and it certainly won’t be the last.

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Indigo 9 Digital

APRIL 17, 2023

One of the keys to lululemon’s success over the past 20 years is offering yoga and fitness classes to consumers free of charge. Some of these benefits include receiving samples from top brands, the ability to have a one-on-one meeting with the founder of a brand, the ability to be first in line for new product launches and free shipping.

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Indigo 9 Digital

SEPTEMBER 15, 2022

Then Amazon comes onto the scene and shows the retail industry there are other ways to make money including by having a lucrative cloud business or through advertising sales. What Amazon has become known for is they really understand as a consumer what you want and how to get it to you really easily." Do you like this content?

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Rangeme

OCTOBER 14, 2021

You will need to make sure that you have a good customer retention strategy in place to attract the consumers who received your products in a subscription box to become returning customers. Getting your products into a subscription box is a great way to promote them to new and different consumer markets. Samples, samples, samples!

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Star Miconics

JULY 14, 2023

Leverage Customer Reviews Today’s consumers trust peer reviews. Conquering Omnichannel Order Management with Cloud-Based Technology Solutions Consumers have spoken! The future of retail and hospitality is omnichannel, cloud-based, and connected. Offer Free Shipping If possible, offer free shipping.

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Rangeme

OCTOBER 20, 2021

British consumers have global tastes – and the COVID-19 crisis appears to have further whetted their appetites for international products. The influential British magazine Retail Week has identified the desire for more adventurous flavours in food and drink as a critical trend for U.K. retailers look for in brands.

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Rangeme

MARCH 22, 2022

Retailers worldwide are constantly searching for new products to offer consumers – and consumers are more interested in trying new products than ever before. And don’t overlook practical issues – for example, if you’re selling perishable goods with a limited shelf life, shipping to markets closer to home may make more sense.

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