Insights
Report: Smartphones account for 73% of online orders in the U.S.
A recent report by Statista revealed that smartphones and laptops are the most commonly used devices for online shopping in the United States. The survey, conducted…
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Category: Insights
Insights
Report: 23% of all retail purchases will be made online by 2027
In a recent report, Statista projects that by 2027, 23% of all retail purchases will be made online. The e-commerce sector has been on a steady…
FashionInsights
TJ Maxx – Facts & Statistics You Need to Know
TJ Maxx is an American off-price retailer that has carved out a niche in the retail industry with its unique low-cost business model. Founded in 1976…
Insights
Shein – Facts & Statistics You Need to Know
Shein, pronounced as SHEE-In, is a Chinese fast-fashion retailer that has taken the world by storm with its rapid growth and massive market presence. Founded in…
FashionInsights
How Ultra-Low Fast Fashion Is Disrupting Traditional Retail
The rise of Shein and Temu has fundamentally altered consumer expectations in the fashion industry by providing ultra-low prices, trendy items, and rapid delivery times. Both…
SustainabilityTrends
Keeping up with the Recommerce boom in UK
As we stand on the brink of a “resale boom” in 2024, more retailers are integrating recommerce strategies, including resale, rental, and subscription models, into their…
InsightsSocial Media
Report: 1-in-2 Gen Zers use social media to identify luxury trends
Social media has become integral to our daily lives, shaping how we communicate, stay informed, and shop. For Generation Z (Gen Z), those born roughly between…
Insights
Report: Gen Z accounts for 20% of all luxury purchases globally
The luxury industry is undergoing a major transformation, driven by the spending habits and preferences of Generation Z. This generation, born between the mid-1990s and early…
Insights
Report: 60% of Luxury Consumers Prefer Brands Prioritizing D&I
Recent reports indicate that 60% of luxury consumers are more likely to purchase from brands that prioritize diversity and inclusion (D&I). According to a study by…
InsightsRetail
The Top 10 Biggest Retailers in the UK (Ranking)
The UK retail landscape is characterized by the dominance of traditional supermarket chains and the rapid growth of discount retailers. According to Retail Navigator’s latest rankings,…