article thumbnail

Shoppers see sharpest price rises since 2012 as cost of living crisis bites

365 Retail

Shoppers have been hit by the highest price rises in almost 10 years after shop inflation almost doubled over the past month, new data suggests. According the latest BRC-NielsenIQ shop price index, annual shop price inflation jumped from 0.8% in January, the highest rate since 2012. in December, to 1.5% in December.

article thumbnail

Turning Retail Losses into Profits

Retail TouchPoints

External economic factors, such as fluctuating interest rates, an unpredictable housing market and persistent inflation have prompted consumers to rethink their spending habits. Faced with shifting economic and consumer dynamics, retail leaders strive to unlock strategies that turn losses into profits. In 2019, it declined to 6.7%

Retail 240
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Finding Dropshipping Companies & Suppliers (Free Directory Updated for 2018)

BigCommerce

When an item is ordered from your site, the supplier will then ship the product directly to your customer. Between scams, fees and just plain difficult to find suppliers – using dropshipping to launch or expand your business is often cumbersome, and expensive in both time and cash. Company Product Category Sign Up Cost.

article thumbnail

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.

article thumbnail

Are Amazon FBA Fees Worth The Cost?

SellBrite

But does it deliver better ROI, will it drive up your costs, and is it a fit for your business? These are: Fulfillment fees: the cost to pick up, pack and ship your item. Storage fees: the cost to store items in Amazon’s warehouses when you use their FBA program. Referral fees are a percentage of the item price.

article thumbnail

Retail’s New Normal: Here’s What Retailers Should Focus On As The Country Continues To Reopen

Retail TouchPoints

Today, retailers need to change that mindset in order to keep up with consumer demands — a diversified supply chain is no longer a bottom-line booster, but a competency needed to survive. An offering that retailers may want to keep top of mind, especially during this time, is ship-from-store.

article thumbnail

How to Make the Most of Free Google Shopping Listings

Retail TouchPoints

All consumers have to do is search for their desired product or service, and they’ll be able to see a listing that’s relevant to their query. And while companies would ordinarily have to pay to list their products, for the first time since 2012, they can now do so for free. Optimizing Your Google Shopping Listings.