Amidst all of the change and chaos its hard to keep up but if you are trying, here are five of the biggest trends impacting the retail sector today and in the future.
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Clothing and accessories sales in the United States are expected to decline by $100 billion this year.
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Nearly six million waiters, chefs, cashiers and other restaurant employees have lost their jobs in the United States since the pandemic began.
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Even with huge spikes in online orders the overwhelming majority of retail sales still take place in stores.
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The retail sector is shrinking, literally. eMarketer estimates that retail sales in the United States will drop by 10.5% in 2020.
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Between 2012 and 2017 sales at retailers in the middle of the pricing spectrum increased by only 2% while sales at premium and price-based retailers increased by 81% and 37% respectively.
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Disney’s marketing and content have enabled it to amass 50 million subscribers in only five months.
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If you are curious about how Gucci managed to turnaround its business and get back on top here are 8 keys of its success you should consider.
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A seamless multichannel experience is clearly one of the keys to success but also consider these 22 examples as the ways the best in the eCommerce business are attracting and retaining customers.
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With more dual income families many consumers are strapped for time. Sensing this retailers from Amazon to Starbucks are focusing on convenience.
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If you are curious about how Anastasia Soare built an empire consider these 25 tips for success from a compilation of interviews with the beauty maven herself.
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No one can deny that Adidas is having its moment. But to understand how Adidas got here consider these seven keys to Adidas’ success.
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It is not a coincidence that the retailers that are performing extremely well during the crisis have strong omni-channel capabilities.
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In China, digital payments, livestreaming and eCommerce functionality are completely integrated within a single eCommerce platform fueling the growth of livestreaming
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Artificial intelligence (AI) is having a significant impact on the retail sector. See how companies from McDonald’s to Starbucks are using AI to increase sales
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With more than half a billion people going online in India in the past decade and 700 million more people expected to go online in India in coming years Amazon and Walmart are looking to capitalize
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PepsiCo is the first major CPG company to launch its own direct to consumer websites as a result of the crisis.
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Dirty Lemon provides an interesting case study for how to carve out a market space through innovation, the right product market fit and savvy marketing.
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