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
The retail industry in South Africa is undergoing a significant transformation thanks to the rise of Group Purchasing Organizations (GPOs). These organizations provide a compelling alternative for independent retailers who face the constant challenge of competing with large retail chains. By
In this interview, we welcome Zainab Hussain, an e-commerce strategist with extensive experience in customer engagement and operations management. Today's discussion will revolve around the challenges and responses of retailers given the current economic uncertainties in 2025. We will delve into
Vietnam's prominent steel sheet manufacturer, Hoa Sen Group (HSG), is making a significant strategic shift toward building materials retailing in response to challenges in the steel market. This pivot, announced by chairman Le Phuoc Vu, is aimed at addressing the combination of export constraints,
Walmart recently admitted that it is unlikely to meet its 2025 targets for reducing plastic packaging and enhancing recyclability, a confession that highlights the formidable challenges faced by industries aiming for ambitious sustainability goals. Earlier this year, the retailer also revealed that
General Motors (GM) has been recognized for its exceptional ability to foster customer loyalty for the 10th consecutive year, as highlighted by S&P Global Mobility's latest Automotive Loyalty Report. This recognition is part of the prestigious U.S. Automotive Loyalty Awards, which analyzed an
