Remove 2008 Remove Customer Experience Remove eCommerce Remove Omnichannel
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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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Seen and Heard at #NRF2024: 5 Trends from the Big Show

Retail TouchPoints

In fact, Stephen Sadove, former CEO and Chairman of Saks Fifth Avenue , indicated that “this is one of the most interesting times [for the industry] since the [2008] recession,” where “we came out and saw this massive disruption in the environment,” he said in a press briefing during the Big Show. “It The top five themes include: 1.

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6 Things to Know About Ecommerce Consumers in 2023

ESW

Global ecommerce sales are expected to increase to $5.4 And as the number of ecommerce consumers continues to grow, new markets and segments are emerging along with it. According to Morgan Stanley, parts of Southeast Asia and Latin America could experience 17% to 20% ecommerce growth over the next five years.

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5 Ways COVID-19 has Reshaped Consumer Behavior

Retail TouchPoints

For that reason, a seamless, streamlined customer experience will be front and center. For example, Euromonitor found that younger consumers are likely to prefer digital interactions, while their older counterparts prefer talking to human customer service representatives.

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6 Keys to Empowering Store Associates During the Holiday Season

Retail TouchPoints

retailers will add 410,000 seasonal positions this year, which is the lowest number of jobs added in the quarter since 2008. Established store associates are no strangers to the complexities of omnichannel. According to analysis from global coaching firm Challenger, Gray & Christmas , U.S.

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Best eCommerce Search Engine Providers

GetElastic

With exponential growth in global eCommerce sales, it’s mission-critical to offer the best solutions for your customersexperience. The numbers tell us just last year retail eCommerce sales estimated $4.9 Think of site search is an engine fueling your customer experiences. See the Future of eCommerce.

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Why Digital-Native Brands Are Moving In-Store

Optimizely

Last year’s closures even managed to beat the previous record of 6,163 store closings in 2008 — mid-financial crisis. Ecommerce is the future, right? Ecommerce giant Amazon reported sales of $1.27 Customer experience is more important than channels. Well, not exactly. There’s a very simple reason: it works.

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