Blogs - Retail and Consumer Packaged Goods Services Outsourcing
| Uncertain, Difficult Times Leave Online Retail Undaunted |
| By Sanjit Bhoumick on 7/28/2010 8:20:29 AM |
According to a Forrester survey released in April, 2010, online retail sales were up 11 percent, compared to 2.5 percent for all retail sales. Shall we simply say that purse strings are transposed into ‘Enter’ keys on consumers’ laptops? |
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| The co-existence of national brands and private labels in the post-recession US market place |
| By Brian Welsh on 10/12/2009 9:14:57 AM |
The downturn in the economy has accelerated a private label growth trend in the USA that has been evolving in consumer goods for years. More and more consumers are choosing private label products that offer a greater value to the budget-minded than branded offerings. But more concerning to manufacturers than these lost sales is the fact that as more consumers buy private label products in many categories for the first time, the line of demarcation between national brands and private label brands is blurring. |
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| Leveraging analytics helps retailers capitalize on opportunities in challenging times |
| By Sanjit Bhoumick on 10/5/2009 10:59:57 AM |
Change is the buzzword this season as far as buying trends go. The number of shoppers queuing up at discount retailers has gone up dramatically, people in the retail trade tell me. Apart from sheer numbers, as one sales manager at a dollar store put it “the kind of customers I see were never seen here before.” But they are here now, armed with discount coupons and newspaper flyers to save every penny. That’s sensible. In these tough times, every penny saved is a penny earned. |
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| Increasing competitiveness in UK’s retail industry |
| By Himanshu Pal on 1/11/2008 |
When the United Kingdom's National Statistics Office announced a 3.6% increase in monthly retail sales volume during May 2008, it came as an unexpected and pleasant surprise to many, especially considering the weakening British economy. However, the joy was short-lived as retail sales volume plummeted 3.9% in June 2008 (down 2.2% on an annualized comparison), and like-for-like sales value declined 0.9% during July 2008, vis-à-vis same period last year; resurfacing concerns pertaining to the health of UK's retail market... |
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