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Category: News & Trends


News & Trends

Has luxury retailing become more recession-resistant?

January 27, 2023

Via: RetailWire

A new study from Bain & Co. concludes that, while luxury spending‘s growth is expected to slow in 2023 following two gangbuster recovery years, the sector has become “more resilient to recession.” Among the reasons, the share of top customers […]


News & Trends

The Future of Retail is Smaller, Crowdsourced and Robot-Powered

January 26, 2023

Via: Retail TouchPoints

Predicting where the next phase of consumer buying behavior is headed has proven notoriously tricky. Ecommerce had been growing at a consistent rate, but its year-over-year growth shot up two to five times faster during the pandemic. And just when […]


News & Trends

How to Overcome the Labor Shortage in Retail

January 24, 2023

Via: Lightspeed

If you’re in retail, then you’ve likely come across chatter around the Great Resignation. But what exactly is causing it? And what can retailers do to retain workers? Well, it’s important to think of The Great Resignation, not so much […]


News & Trends

Does retail need a data-based rebuild?

January 23, 2023

Via: RetailWire

Australian supermarket Woolworths has succeeded in using analytics to inform and redesign a number of processes core to its business in a short amount of time. In a session at the NRF 2023 Big Show, Brad Banducci, chief executive officer […]


News & Trends

5 ways Target is pushing customer-driven innovations in omnichannel, grocery

January 23, 2023

Via: Retail Dive

Target wants the retail industry to know it’s brought its “Targét” touch to grocery and omnichannel. Ease, joy and affordability are the pillars of the retailer’s framework for differentiating itself to customers, Chief Growth Officer Christina Hennington and Chief Food […]


News & Trends

Top 10 Closeout & Liquidation Suppliers

January 20, 2023

Via: Independent Retailer

Sourcing closeout and liquidation wholesale suppliers is a great way for retailers to purchase merchandise on a budget. Many of these companies get their products from retailers that are going out of business, from unwanted customer returns, or shelf pulls […]


News & Trends

OSHA Cites Amazon for Safety Violations at 3 Warehouses; Company Plans Appeal

January 20, 2023

Via: Retail TouchPoints

The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has cited Amazon for workplace safety violations at three of its warehouses, a decision that Amazon said it will appeal. Amazon facilities in Deltona, Fla., Waukegan, Ill. and New […]


News & Trends

Global online fashion sales soared by 12% in December

January 19, 2023

Via: Charged

​​Global online fashion sales recorded double-digit growth in December 2022, despite economic headwinds and rising prices, according to True Fit. The platform, which decodes fit and size for leading apparel and footwear retailers, said order volumes for online fashion rose […]


News & Trends

How to Create a Google Business Profile

January 18, 2023

Via: Independent Retailer

Looking for new ways to get your brand noticed? Creating a Google Business Profile can really help. This free tool allows you to take charge of the way your business appears on Google Search and Maps. With a business profile, […]


News & Trends

Mitigate Worker Shortages by Streamlining Recruitment and Hiring Processes

January 18, 2023

Via: Retail TouchPoints

Eric Holwell: Retailers have faced more competition for talent with the rise of “work-from-home” jobs in the past two to three years. In many cases, these jobs pay more in addition to being a safer workspace where employees are less […]


News & Trends

Is nepotism all that bad for retail?

January 13, 2023

Via: RetailWire

Nepotism has been in the limelight lately as Hollywood stars have had to defend themselves or their children over gaining an unfair advantage from family connections. The phrase #nepobaby (nepotism baby), steadily trending on social media, calls out and often […]


News & Trends

Google Cloud new AI solutions set to modernise online shopping

January 13, 2023

Via: Charged

Google Cloud has launched four new and updated AI solutions for ecommerce, designed to “modernise the online shopping experience”. The machine learning technologies have been designed to help retailers boost consumer browsing capabilities, transform in-store shelf checking processes, provide better […]


News & Trends

How Retailers and Brands can Thrive amid High Inflation

January 13, 2023

Via: Retail TouchPoints

With an impending recession and continued high inflation, shoppers are becoming hyper-attuned to how and where their money is being spent.According to Attest, a consumer research platform for the world’s largest and fastest-growing brands, consumers plan to spend less in […]


News & Trends

Very enjoys sales uplift over Christmas period

January 12, 2023

Via: Charged

Very enjoyed a 2.2% uplift in retail sales in the lead-up to Christmas, citing the popularity in air fryers and games consoles as the reason. Sales in the toys, gifts and beauty categories also increased by 17.7% in the seven […]


News & Trends

Study says retail jobs are just the worst

January 12, 2023

Via: RetailWire

A recent study from U.S. News & World Report ranked 190 jobs in order to identify the best jobs in the U.S. today. Front-line retail employment did not land high up on the list. The role of retail salesperson is […]


News & Trends

How NFT Gamification Can Impact Customer Experiences in the Retail Industry in 2023

January 11, 2023

Via: RIS News

Non-fungible tokens (NFTs) are providing more value and utility than as simple collectibles, and the retail industry is taking notice. Retailers are using NFTs and gamification to reach digital natives, build a loyal customer base, and impact the customer experience […]


News & Trends

10 Action Steps to Deal with Inflation in Retail

January 10, 2023

Via: Lightspeed

Inflation continues to be a widespread concern for businesses and consumers alike. According to an October 2022 survey by Deloitte, over 70% of consumers said they’re concerned about the rising costs of everyday purchases. And as prices continue to increase, […]


News & Trends

9 retail trends to watch in 2023

January 9, 2023

Via: Retail Dive

With the threat of a recession looming, the new year brings about a slew of challenges for retailers recovering from a year of supply chain bottlenecks and inventory surplus. But not all of 2023 is expected to be gloomy. The […]


News & Trends

Is ‘quiet hiring’ the next big thing in labor?

January 9, 2023

Via: RetailWire

Will “quiet hiring” become the next big trend affecting labor just as the “great resignation” and “quiet quitting” did before it? The practice, defined as when an organization acquires new skills without actually hiring new full-time employees, may involve taking […]


News & Trends

Morphe closes US stores to focus on wholesale, e-commerce

January 6, 2023

Via: Retail Dive

Makeup brand Morphe announced via Twitter on Thursday that it has decided to close all of its U.S. stores. As of Thursday evening, the brand’s website listed 18 U.S. locations. “We have made the difficult decision to close all Morphe […]