Amazon Slashes Fees to Compete with Shein in Fast-Fashion Market
Amazon is feeling the pressure from fast-fashion app Shein and has decided to cut referral fees for cheap clothing items in an effort to compete.
Holiday Shoppers Expected to Boost Spending
Holiday shoppers are expected to increase their spending this year, but their focus on value and deals is likely to limit growth to pre-pandemic levels, says the National Retail Federation (NRF).
Retailers Tighten Customer Perks and Rewards Programs
Companies across various industries are cutting back on customer perks as they prioritize higher profit margins.
Target improves with increased capacity and faster loading speeds
Target is implementing various strategies to improve its delivery operations.
Hybrid Shoppers on the Rise: Implications for Grocery Retailers
A hybrid shopper refers to a consumer who combines both online and offline shopping methods to make purchases.
After a weak shopping season, Americans bounce back in the new year despite inflation
Overall, while rising inflation and interest rates can put pressure on consumer spending, other factors such as consumer confidence, supply chain disruptions, shifts in spending patterns, and sector-specific factors can contribute to a jump in retail sales.
Shein is in hot water with U.S. Senators over cotton sourced from China’s Xinjiang region
The massive retailer is being questioned by Democratic Sens. Bill Cassidy, Elizabeth Warren, and Sheldon Whitehouse in a letter over the company’s involvement with cotton sourced from China’s Xinjiang Uygur Autonomous Region.
You aren’t the only one waiting on your new Levi’s
The retailer has placed the blame on capacity constraints at U.S. distribution centers, citing that the company’s ending inventory had increased 58% year over year.
An “early holiday rush” was almost nonexistent this year
In a 2022 shopping survey conducted by Supply Chain Brain of 3,138 U.S. adults, 50% said that they did not begin holiday shopping until November.
Returns account for more than 20% of e-commerce sales
According to figures from the National Retail Federation, that number is rising in comparison to the approximately 10% that account for in-person shoppers.
196.7 million Americans shopped in stores and online on the Thanksgiving Holiday Weekend
This is a new record, according to the National Retail Federation and Prosper Insights & Analytics.
Fewer supply chain challenges will plague Black Friday this year, but problems are not over
Shortages of items from toilet paper to Play Station game consoles checkered the past two years, often causing a line of hiccups right around peak season - historically, the busiest time for the supply chain.
Customers know what’s best.. and that means shopping early
Consumers are starting their holiday shopping earlier than ever this year.
Returns are all fun and games… until they charge you
Popular retail brands like Zara and Boohoo in the United Kingdom are switching up their return policies for online shoppers.
‘Shrinkflation’ might be useful… if you look hard enough
‘Shrinkflation’ is a fun little term to describe what we suspected was true… yes, that container of ice cream did get smaller.