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Scarred by the 2008 Recession and COVID, 48% of Gen Z Frequently Shops at Discount Stores

Retail TouchPoints

That sense of unease is to be expected from a cohort shaped by both the 2008-2009 Great Recession and the COVID pandemic, and it’s had a big impact on their shopping choices: nearly half ( 48% ) say they shop the most often at discount/off-price retailers, and 25% frequently patronize dollar stores.

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The 48-Hour Deadline: Intertape Polymer Group Beats Walmart GDSN Deadline | Salsify

Salsify

Intertape Polymer Group, which develops and manufactures tapes, films, and fabrics for aerospace, automotive, construction, marine, and other specialty markets, needed to list several in-store items with Walmart. The problem?

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Digital Brands Group sees potential for 50 retail stores

RetailDive

Thanks mostly to its acquisition of women's apparel brand Sundry, the direct-to-consumer company reported a net revenue increase of 48% in Q1.

Apparel 95
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IKEA Focuses on Famed Photographer Anne Leibovitz to Record ‘Life at Home’ Around the World

Retail TouchPoints

Ingka Group , the largest IKEA franchisee, has named Annie Leibovitz as the 2023 IKEA Artist in Residence, charged with traveling the world to capture the “nuances of life at home” in seven different countries. They help us to realize our vision to create a better everyday life for many people.

Travel 232
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Petco IPO Puts Retailer’s Value at $6.4 Billion

Retail TouchPoints

The pet retailer released 48 million shares of Class A common stock and gave underwriters a 30-day option to purchase up to an additional 7.2 Petco previously went public in 1994 but was taken private in 2000 after its acquisition by Leonard Green Partners and Texas Pacific Group. Petco debuted its IPO at $26 per share on Jan.

Marketing 225
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New Cannabis Dispensary Modeled on Customer-Friendly Supermarkets

Retail TouchPoints

Joyleaf, which opened in late 2023, is organized and merchandised by type of product rather than by brand: all the edibles, for example, are grouped together as a category, as they would be in a supermarket. RTP: What were you going for with the look of the store?

Customer 206
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Klaviyo Abandoned Cart: 5 Strategies to Increase Conversion

Groove

When your website visitors add products to their cart but don't end up checking out, they become part of a group of customers who had the intent to purchase but didn’t follow through. If customers don't engage after this initial email, you can send a second email 24-48 hours after they abandon their cart. According to Hubspot, 73.9%