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More People Than Ever Are Exploring the Outdoors. Here’s the Opportunity for Brands and Retailers

Retail TouchPoints

While COVID-19 has accelerated the adoption of many new shopping behaviors and expectations, there is another trend that the pandemic has pushed forward: interest in the outdoors. Participation in outdoor activities increased by nearly 25 million people over the past decade, and nearly half that number visited the U.S.’s

Outdoor 264
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Forma Brands exits bankruptcy, names previous Outdoor Voices exec CEO

RetailDive

The beauty company finalized its sale to investors, including Jefferies Finance, and appointed Cliff Moskowitz to the chief role.

Outdoor 114
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REI Taps Former Amazon Exec for New Chief Commercial Officer Position

Retail TouchPoints

The outdoors retailer also has promoted Kelley Hall to EVP and CFO, and named Vivienne Long to SVP and Chief Marketing Officer. Hall joined REI in 2019 and currently leads strategy, sustainability and finance. REI Co-op has named long-time Amazon executive Cameron Janes to its newly created position of SVP and Chief Commercial Officer.

Outdoor 284
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10 Finance Tips All Retailers Should Follow

retailnext

If you aren’t good with finances or are simply strapped for time, hire a bookkeeper to track your finances. For example, a swimsuit store will likely be busiest in summer, while an outdoor clothing store might be busier in the fall and winter. The key to any successful business is accurate bookkeeping.

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Thanksgiving Weekend Recap: Foot Traffic, Mobile Usage Rise as Nearly 200 Million Shoppers Seek Deals

Retail TouchPoints

on Black Friday compared to 2021 levels, while outdoor non-mall traffic (such as strip malls and standalone stores) saw a more significant 4.7% The percentage of orders using buy now, pay later (BNPL) was up 6% , but the BNPL average order value declined 9% as shoppers used it to finance less expensive goods and gifts.

Mobile 264
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Green is the new black as Meander Apparel eyes expansion

365 Retail

Meander Apparel – a sustainable outdoor clothing and lifestyle brand with its flagship stores in Stockbridge, Edinburgh and Seven Dials, London – has secured funding from the British Business Bank as it gears up for the launch of its crowdfunding campaign later this month.

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April Consumer Card Spending Growth Fails to Match Inflation; Brits Turn to Cost-Saving Strategies Amid Rising Expenses

365 Retail

per cent) – as rising costs continue to place pressure on Brits’ finances. However, the arrival of spring and the Easter Bank Holiday weekend fuelled growth at pubs and sports & outdoor retailers, while ticket sales for the Eurovision Song Contest in Liverpool boosted the entertainment sector. Consumer card spending grew just 4.3