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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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6 Things to Know About Ecommerce Consumers in 2023

ESW

And as the number of ecommerce consumers continues to grow, new markets and segments are emerging along with it. But keeping up with consumer behaviour around the world can be overwhelming for even the biggest ecommerce brands. So what should ecommerce brands know about consumer behaviour in 2023?

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Reshoring: COVID-19’s Impact On The Supply Chain

Retail TouchPoints

If a certain industry relies on offshore factories, reshoring means allocating the resources necessary to localize that production, which means organizations no longer have to depend on international deals and long-distance shipping. especially from “low-cost country trading partners” in Asia. In a 2018 study, the consulting firm A.T.

Supplies 181
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How Worldwide Consumer Preferences Determine Your Global Ecommerce Strategy (Alipay, COD, Lazada)

BigCommerce

From payment methods to shipping to various technology, an integral part of your launch into new international markets will be acing the differences in the details. Shipping Expectations and Preferences Around the World. The biggest factors that impact shipping expectations in foreign markets are: Delivery choices.

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Amazon, Target, Macy’s Plan to Hire Combined 388,000 Employees for the Holidays

Retail TouchPoints

including Amazon , Target and Macy’s , have announced their plans for holiday hiring, but all told this season may see one of lowest levels of seasonal hiring since 2008 , according to report by Challenger, Gray & Christmas shared with Reuters. Some of the biggest retailers in the U.S.,

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Four Real-Life Examples Of How Agility Unlocks CX Innovation In E-Commerce

Retail TouchPoints

Consumers are getting harder and harder to impress. Rather than investing that opportunity cost into building out the entire foundation of a decoupled PWA experience from scratch, the brand prioritized its customers by adopting a decoupled PWA storefront from Mobify. The key is to never settle for the status quo.

eCommerce 274
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In A Holiday Daze With All The Retail Holiday Days

RTP blog

And what about Free Shipping Day ? This year there already are more than 225 retailers participating in this promotional day that started in 2008. Some key statistics that further reinforce a change in the approach to holiday sales and marketing come from the Consumer Holiday Shopping Report. Cyber Monday. Sofa Sunday.