article thumbnail

Revealed: The secret CX strategies to dominate in a downturn

Inside Retail

In the current state of retail, demand and conversion rates are steadily dropping among traditionalist shoppers. Demand is falling, conversion rates are dropping, and customers are cautious. The increased cost of living and soaring interest rates have caused consumers to think twice before opening their wallets. Good value.

article thumbnail

These Were the Top Retail Stories of 2022

VMS

The initial plan is to drop these package-carrying drones into the backyards of residents in Lockeford, Calif. or two Covid-dominated years, a lack of dockworkers left ships unloaded and retail warehouses empty. Container ships are canceling routes from Asia to North America. That’s right! In 2022, everything reversed.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Retail Import Surge Expected Through Summer

VMS

“We saw the busiest February on record as the ports worked to clear the backlog, and the number of ships at anchor in San Pedro Bay waiting to dock at Los Angeles and Long Beach is dropping.”. The post Retail Import Surge Expected Through Summer appeared first on Visual Merchandising and Store Design.

article thumbnail

Retail’s Future is Phygital

Retail TouchPoints

Technology in lighting, music, visual merchandising and other physical elements helps brands create immersive in-store experiences. Customers can try on and test apparel under these simulated conditions (no sales inventory is available on-site), and then purchases are shipped directly to their homes.