The South African food retail sector is poised for dynamic changes and potential growth as the nation experiences economic recovery. With the country's improving GDP growth, lower interest rates, and expected stimulus from the introduction of the two-pot retirement system, consumer spending is
In recent months, South Africa's used car market has demonstrated strong performance, maintaining consistent demand despite evolving trends and market conditions. According to AutoTrader data, February displayed promising year-on-year results, with 28,885 used cars sold. This marked a +0.8%
The impressive expansion of the U.S. secondhand apparel market has been propelled by a blend of shifting consumer preferences, especially among Gen Z and millennials, and advancements in AI technology. Reports and studies from leading resale platforms, such as ThredUp, reveal substantial growth and
As the significance of ecommerce continues to rise, brands are undergoing a notable shift in their strategies to capitalize on online growth for revenue generation. Ecommerce category management, or eCatman, emerges as an essential approach in this competitive landscape. This modernized form of
In the ever-evolving landscape of home improvement retail, major players like Lowe's and Home Depot are increasingly turning to Artificial Intelligence (AI) to boost customer experiences and streamline operations. Both industry giants have recognized the potential of AI to transform the way
In an ambitious attempt to tap into the burgeoning budget retail market, Amazon launched its low-cost e-commerce platform, Amazon Haul, in November 2024. Despite the retail giant's established market presence and consumer trust, Haul has struggled to garner significant traction among U.S.