A Sweet Valentine for Retail ??
A strong Valentine’s Day expected for clothing, jewelry sales
SURVEY
?? Record Spending Expected for Valentine’s Day: NRF
“With consumers prioritizing their spouse or significant other this year, retailers expect to see a shift in spending for certain gifting categories,” NRF President and CEO Matthew Shay said in a press release about the survey.? Read More →
INSIGHTS
?? Inventory Stabilizes for the First Time Since Pandemic
The third quarter of 2023 marked the first time since 2020 that retail sales outpaced inventory, according to analysts at the Telsey Advisory Group. In Q3 2022, the spread between inventory and sales growth was positive 3,320 basis points. In Q3 2023, the spread hit negative 730 points. Read More →
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SHOP! WEBINAR
领英推荐
RESEARCH
?? Recent Study Shows More Retailers Turning to Third Party Fulfillment Services
In the recently released 2023 Omnichannel and Fulfillment Benchmark Report, more than half (53 percent) of retailers surveyed use third-party services for fulfillment such as Instacart, DoorDash and Uber Eats. This marked an increase from 2022, in which 45 percent of retailers used third party fulfillment service. Read More →
ICYMI: Masterclass Webinar
?? Sustainability for Retail: How Retailers Create Social, Environmental and Cultural Innovations
Ken Nisch, author of “Sustainability for Retail: How Retail Leaders Create Environmental, Social, & Cultural Innovations,” discusses the evolving sustainability practices at retail. This MasterClass will touch on a number of facets relating to retail sustainability — including recent trends — while offering business leaders practical solutions on how to incorporate sustainability practices in ways that work for everyone.
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Shop!, the global trade association focused on enhancing retail environments and experiences, is the industry’s only end-to-end retail experience organization. Learn About the Benefits of Shop! Membership →
?? CALL FOR CONTENT
We’re reaching out to Shop! members who would like to contribute findings and opinions on subjects of their expertise for inclusion on a new section of our Shop! Website. These articles can be written informally — a conversational tone is fine! The posts will be professionally edited before being published. If interested in contributing, please contact [email protected]