Retail Sales Rebound in August

September 17, 2021

Category: News & Trends

U.S. retail sales had a surprise rebound in August, despite concerns over supply chain disruptions and the Delta variant. Retail sales rose 0.7% last month from the previous month, up 15.1% above August 2020, according to the U.S. Census Bureau. […]

Shein is now being downloaded twice as much as Amazon

September 9, 2021

Via: Charged
Category: News & Trends

Shein is now being downloaded more than twice as much as Amazon as it solidifies its place as the world’s most popular shopping app. The ultra-fast fashion brand, understood to also be the world’s fastest growing ecommerce company, was downloaded […]

Delta Variant Concerns, a Threat for Retail Sales

August 30, 2021

Category: Editorial

The COVID-19 pandemic has already reshaped the future in retail, with global sales dropping 5.7 percent in 2021 as a result of the crisis. However, total retail sales in the United States increased to $5.58 trillion from $5.4 trillion in […]

News & Trends

5 Retail Technology Trends of the Future

September 15, 2021

Via: Independent Retailer

It is no secret that COVID-19 has directly impacted the way consumers browse, shop, and purchase goods and services. The pandemic accelerated some of the changes that were already underway, such as the digitization of retail processes, the closing of […]

News & Trends, Suppliers

Nike to lose 160 million pairs of shoes after factory closure in Vietnam

September 14, 2021

Via: Charged

Nike is on the cusp of losing the production of 160 million pairs of shoes after the closure of a factory in Vietnam due to a Covid spike. The sportswear giant announced in July that manufacturing in Vietnam had to […]

E-payment & Data Security, Tech

Digital wallets reach “tipping point” as usage continues to soar post-lockdown

September 14, 2021

Via: Charged

Digital wallet usage has continued to soar skyrocket lockdown restrictions were lifted across the UK, as the nation reaches a “tipping point” in how it chooses to pay for goods. Nearly two thirds (62 per cent) of Brits said they […]