The success of any retail business depends on many factors, but the most crucial one is the right inventory management.
Average Order Value (AOV) is a metric that helps retailers understand their customers’ purchasing behaviours. An average order value tracks the average dollar amount spent every time a customer places an order.
When it comes to retail, an anchor store is a term that is widely used. But what does it mean?
If you have a passion for fashion and want to work in the luxury retail industry, becoming a luxury retail buyer might be the perfect career path for you.
Leasing retail space is a complex process that involves more than just finding the right location.
Direct-to-consumer (DTC) brands have experienced significant growth in recent years, thanks to their innovative marketing strategies and strong online presence.
In today’s competitive retail landscape, it is essential for store owners to continually find ways to increase sales and improve customer satisfaction.
Retail real estate is a vital segment of the commercial property market that focuses on properties used for selling consumer goods and services.
The retail industry has been witnessing a significant shift towards self-checkout systems, as stores like Kohl’s consolidate their checkout areas to create a more efficient and streamlined shopping experience.
New York, NY – Porte, a one-of-a-kind conference that brings together 300+ brands, buyers, thought leaders, and retailers to forge new relationships and discuss the latest trends in the retail industry.
According to a recent Adobe Digital Price Index report by Adobe Analytics revealed that online prices dipped by 1.7% in March compared to the previous year.
The success rate of new products launched into retail stores varies depending on the source. According to Harvard Business School professor Clayton Christensen, approximately 95% of the 30,000 new products introduced each year fail.
Visual merchandising is a crucial aspect of retail that involves the presentation and display of products in a store to attract customers and drive sales.
When it comes to retail, there are two main types: luxury and mainstream. While they both offer products for sale, their differences are vast and significant.
Hermès holds the title of the world’s oldest luxury brand still in operation today. Established in 1837 by Thierry Hermès, the French fashion house initially produced saddles and other equestrian supplies.
Approaching retail buyers is a crucial step in getting your product into stores and expanding your business.Retail
Louis Vuitton, a luxury brand known for its iconic Monogram canvas, has been a symbol of elegance and sophistication since its inception in 1854.
Dubai, a city known for its stunning beaches, impressive architecture, and massive shopping malls, attracts tourists from all around the world.
The fashion and luxury industry is dominated by several major corporations that have established themselves as leaders in the market.
Increasing the average order value (AOV) is an effective way to boost revenue and improve the overall health of your online business.