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The Post-Pandemic Fashion Industry Makeover

Retail TouchPoints

It has been a year since the pandemic rocked a fashion industry that was already feeling the pressure of trying to keep pace with consumer shifts toward digital, ethical sourcing and eco-friendly products. Here are some of the overarching themes of the changing consumer sentiment that will shape the fashion industry’s journey ahead.

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33 best small business ideas to make money in 2023

Omnisend

Solves a problem A good small business idea addresses a problem or pain point faced by consumers. Unique Value Proposition Besides addressing a problem that consumers face, a good idea for a small business must also have a unique way to deal with this problem. Also, determine if you can innovate your offering as consumer needs change.

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IHL Study: Inventory Distortion Will Cost Retailers $1.77 Trillion in 2023

Retail TouchPoints

Inventory distortion, whether it’s out-of-stocks or overstocks, are a huge and costly challenge for retailers and suppliers, and too often a source of great inconvenience to consumers. Theft has contributed $379 billion this year: nearly $203 billion by consumers and approximately $175 billion by employees. billion ),” said the report.