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The US pet industry, now valued at $150.6 billion, is undergoing a radical transformation as retailers adapt to the demands of modern pet parents who view their animals as family. According to a 2025 Colliers report, 66% of American households—86.9…
US department stores, once pioneers of retail innovation, are at a critical juncture, facing declining sales, eroding customer loyalty, and an urgent need for transformational change, according to a new report by Bain & Company. The report, titled “US Department Stores:…
As the retail industry navigates an increasingly competitive market, consumer behavior is undergoing significant shifts driven by technological advancements and economic factors. Consumer Edge’s 2025 State of Retail report reveals a seismic transformation in consumer behavior. Vuori, and resale platforms have emerged…
As we approach the midpoint of 2025, the retail media landscape is undergoing a seismic shift, transforming the way brands connect with consumers and reshaping the advertising industry. The retail media sector is accelerating into a critical maturity phase, with…
China’s luxury market experienced a significant decline in 2024, contracting by an estimated 18%–20%, according to Bain & Company’s latest report on the China Luxury Goods Market. This downturn marks a sharp reversal from previous years of growth and reflects a…
The online resale market is experiencing a remarkable boom, according to ThredUp’s 13th annual Resale Report released this week. The report highlights accelerated growth in 2024 and projects the sector will reach a staggering $40 billion by 2029. This surge is…
The rapid expansion of the fast fashion market is fueled by several key factors, including increased disposable income across demographics, particularly in emerging economies where a strong middle class is eager to emulate global fashion trends. The global fast fashion…
The fast fashion industry is poised for explosive growth, defying expectations and cementing its position as a global powerhouse. The market is projected to grow by $79.2 billion from 2025 to 2029, accelerating at an 11% compound annual growth rate (CAGR) driven…
As I walk past another Forever 21 liquidation sale—the second in six years—I’m not struck by the company’s demise but rather by the audacity to blame economic factors when a series of boardroom failures is to blame. I’ve watched this…
As of 2025, Generation Z—the 70 million Americans born between 1997 and 2012—has solidified its role as the most influential demographic in US fashion, blending nostalgia, sustainability, and digital-first shopping habits to redefine industry norms. With an average annual apparel spend…