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What to Expect in 2022: 3 Strategies That Should be Top of Mind for Retailers 

Retail TouchPoints

In conversations with retailers, technology partners and industry veterans in my network, several points have stood out. One area of investment by retailers is a shift to buy online, pick up in-store (BOPIS), which was called “table stakes” by one retailer insider I talked with. Alternative Supply Chain Options.

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Amazon Generates 11% Revenue Boost in Q2, Forecasts Strong Q3

Retail TouchPoints

billion in Q2 2022, while operating cash flow grew a staggering 74% , from $35.6 Consumers now have access to various new beauty and fashion brands through the Amazon site and app, from Dyson hair care to IT Cosmetics , Ralph Lauren Fragrances , Urban Decay and Victoria’s Secret. In addition, overall operating income swelled to $7.7

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Zara, eBay and Lee Launch Programs to Bolster Resale in the UK and the U.S.

Retail TouchPoints

Zara and eBay are advancing resale in the UK with two new initiatives: the launch of Zara Pre-Owned, and partnership with the British Fashion Council to launch the Circular Fashion Innovator’s Fund, respectively. eBay Boosts Six Circular-Focused Small Businesses. Additionally, Lee is launching the Lee Archives in the U.S.

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eBay UK Expands Secondhand Clothing Options Through New Partnership

Retail TouchPoints

eBay has launched a new UK partnership with clothing resale, sanitization and repair platform ACS to expand the online marketplace’s secondhand offering and help reduce waste in the fashion industry. The first retailer to launch on ACS’ eBay Shop will be Monsoon , with other companies set to follow.

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American Express Shop Small Highlights UK’s Top High Streets for Independent Shops

365 Retail

Research commissioned by American Express Shop Small reveals the top 10 high streets for independent shops in the UK, shining a light on the nation’s small businesses that play such an important role in their local communities. In 2022 shoppers spent an estimated £774m in small businesses nationwide on Small Business Saturday.

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Sezzle vs Affirm (Jan 2022): Which BNPL App is Best?

Ecommerce Platforms

Their e-commerce vendors, therefore, include black-owned businesses, ethical and sustainable brands, and small businesses. For example, they include: Electronics Pets Arts and crafts Toys and games Travel and entertainment Food and beverage Wholesale Artist merch Baby and kids Sports and outdoors Men and women’s fashion.

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Cost conscious Brits seek quality over quantity

365 Retail

A new report has found that while 46% of Brits are shopping less fashion, when they do shop, they are not compromising on the quality of purchases. The 2022 report indicates that fashion purchases dominate (46%) as the most frequently identified retail segment where consumers have become more mindful.