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U.S. Apparel Resale to Double in Next Five Years, Fueled by Retailers and Brands

Retail TouchPoints

There was a time, not too long ago, when it took a lot of convincing to get consumers to consider secondhand. Now, both consumers and the retailers that serve them are quite willingly jumping on the resale bandwagon, driving an already hot sector toward even further growth. Retailers and Brands Take the Baton.

Apparel 321
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Holidays, World Cup Drive New Metaverse Activations from Ralph Lauren, VS&Co, PacSun

Retail TouchPoints

For brands it’s a unique opportunity to tap into the fan fever surrounding one of the world’s largest sporting events while consumers also are in a festive mood. Themed “Masters of Movement,” the larger goal is to showcase the new ways Visa is enabling the movement of money across the world, including emerging technologies like crypto.

Games 278
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The Year of the Puppy Love: 2020 Valentine Data Unplugged

RETAIL MANAGEMENT SOFTWARE

According to the latest reports from NRF 2020 Report and Survey, Consumers are most likely to spend an average of $30.19 billion on clothing and fashion apparel (20 %), $2.4 on family members other than their spouses compared to $29.87 in the previous year; $14.69 on their close friends, up from $9.78; $14.45 on their beloved puppies.

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The Year of the Puppy Love: 2020 Valentine Data Unplugged

RETAIL MANAGEMENT SOFTWARE

According to the latest reports from NRF 2020 Report and Survey, Consumers are most likely to spend an average of $30.19 billion on clothing and fashion apparel (20 %), $2.4 on family members other than their spouses compared to $29.87 in the previous year; $14.69 on their close friends, up from $9.78; $14.45 on their beloved puppies.

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How COVID-19 Created the Store of the Future

retailnext

For years retailers have been talking about the store of the future, how to compete with Amazon, and how to best serve today’s digitally driven customer. The pace has been maddeningly slow – both as an executive in retail technology and as a consumer. and pricing disparities have largely been solved. Enter COVID-19.

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The Year of the Puppy Love: 2020 Valentine Data Unplugged

RETAIL MANAGEMENT SOFTWARE

According to the latest reports from NRF 2020 Report and Survey, Consumers are most likely to spend an average of $30.19 billion on clothing and fashion apparel (20 %), $2.4 on family members other than their spouses compared to $29.87 in the previous year; $14.69 on their close friends, up from $9.78; $14.45 on their beloved puppies.

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A baker’s dozen of provocative retail predictions for 2018

Steve Dennis

Moreover, large, well capitalized companies will take advantage of asset “fire sales” or technology plays to complement their skills and accelerate their growth. Regardless, clearly in-store technology must evolve to support this rapidly evolving world. “Cool” technology underwhelms.

eCommerce 102