Industry reads hand-picked by our editors Access now➔ Trendline What experiential retail looks like in 2025 From new store concepts to accessibility efforts, retailers are constantly shifting their approach to better cater to shopper needs.
Jerath doesn’t believe that’s a viable long-term strategy. “These companies do have big pockets,” he says. “But they will not be able to absorb costs indefinitely while keeping the company profitable. And the question is, if you have to keep selling at a loss forever, ...
Shein has grown dramatically in recent years. In part because of a surge in online sales and digital adoption rates, the company more than doubled its market share in the United States during the COVID-19 pandemic. It’s now thesecond-most-popular shopping website(after Amazon) among Americ...
Major appliance companies including Midea and Haier have been at the forefront of this development. Midea’s U-shaped Inverter Window Air Conditioner reflects the company’s strategy of localizing its product offerings to meet the unique needs of specific markets, in this case,...
Chanelmade headlines in March 2018when it filed a striking lawsuit against a resale company, alleging that it was trying to “deceive consumers into falsely believing [that it] has some kind of … affiliation with Chanel or that Chanel has authenticated [the pre-owned] goods [it was offering...
What is Temu? Temu is a fast-growingonline marketplacethat’s quickly making waves in the world of e-commerce. Owned by PDD Holdings, the same company behind the popular Chinese shopping app Pinduoduo, Temu has carved out its niche with an approach that’s hard to ignore.It entered the ...
Shein also has warehouses in Europe, the US, and Asia. Who owns the most warehouses? The United Parcel Service (UPS) owns the most warehouses in the world. The company, known for delivering packages around the world, maintains more than 35 million square feet of warehousing and ...
We don't have matching infrastructure in our company for our customers as it is too expensive. It's difficult to see the licenses due to the cost. We don't find it too expensive as we do not have too much infrastructure, however, our customers have more infrastructure and need more and...
Additionally, the company cited the importance of location strategy, with recent store openings in popular retail hubs like Bangkok's Central World mall. “We will further lean into our DTC first strategy, which will enable us to build deeper and more direct connections with our consumers and he...
Another app gaining popularity is Lemon8, owned by TikTok’s parent company ByteDance. It combines features of TikTok and Pinterest offering categorized feeds for topics like fashion, tech, and lifestyle. Although it has gained significant attention, its connection to ByteDance makes it eq...