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Wiser Insights: Navigating 2023’s Online Back-to-School Retail Trends

Wiser

Furthermore, the COVID-19 pandemic has played a significant role in this shift, with safety concerns prompting many to avoid crowded department stores. As the market continues to evolve, these insights will become increasingly crucial in helping retailers stay ahead of the game and prosper in the online retail space.

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Seven critical Asia Pacific retail trends that technology can address

Inside Retail

“It is essential that retailers offer the same prices and promotions online and offline, and stock visibility online and click-and-collect are services consumers now expect.” 2 Retail formats are evolving Sun says the retail formats and where people shop have changed in the past five years.

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Retail Trends to Watch 2023

Retail Assist

Return options. 2022 saw a rise in retailers charging for shoppers to return online purchases, with ¼ of the UK’s leading retailers charging an average cost of £3.53 for a return. But this hasn’t impacted return rates with online returns up 26.6% in November 2022. Labour shortages to continue.

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How Both& is building an apparel brand for trans and non-binary consumers

Inside Retail

For the time being, Both& is partnering with “cool, socially aligned spaces” to offer returned items at discounted prices for members of the LGBTQIA+ community and is planning a few pop-up experiences soon. I think part of being a founder is deciding what fires you’re going to let burn and what things you are going to focus on.

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Jewelry Sales Increased Sharply in July, Survey Finds

VMS

Overall, key retail trends from July include: Child Tax Credit Boosts Department Stores and Apparel Sales : The first of six monthly Child Tax Credit payments provided parents with an infusion of cash during the peak back-to-school shopping season, with Apparel (+80% YOY) and Department Store (+44.8%

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Nordstrom’s Strategy for Success, 6 Key Elements

Indigo 9 Digital

Nordstrom on the other hand has weathered many tests of time and is thought to be one of strongest department stores. Nordstrom also entered into a partnership in 2019 where it began accepting returns of online orders from competitors such as Kohl’s and Macy’s. So how strong is Nordstrom? Last year it generated revenues of $14.4

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U.S. retail sales increase 7.2% in January

Mass Relators

Beneficiaries included Department Stores, Apparel and Luxury, which all saw double-digit growth. . Key retail trends were a continuation from the strong holiday season, including: . The shift back to services: The pandemic arrested a decades-long trend of more spending on services vs goods. YOY and 9.8%