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Digital-First Economy Redefines Retail And Consumer Behavior

PYMNTS

When it’s said and done there was only one story that mattered in the retail universe this year and it was the rise of the digital-first economy. Direct-to-consumer (D2C) brands drove into the pandemic and adapted to it to catch the digital shift. Adore Me, for example, was a thriving eCommerce brand before the pandemic.

Retail 295
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Building A DTC Men’s Personal Care Brand With eCommerce

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To provide men’s personal care items that feel like premium brands at accessible price points, eCommerce innovators are building product lines through the direct-to-consumer (DTC) model. Founder Matt Mullenax was inspired to start the brand after cutting his teeth in the DTC world as an early employee at Bonobos.

Branding 163
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Megamalls Like Mall Of America And American Dream Face Mega Problems 

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But it was a victim of the North Star State’s mid-March shutdown of non-essential retail and continues to struggle even after reopening on June 10. The recent missed payments were reported by the Minneapolis/St. The mall had already long suffered from decreased foot traffic even before the pandemic. Paul Business Journal quoted.

America 251
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Aftermath: Retailers Try To Focus On Recovery

PYMNTS

Riots and looting over the weekend have taken their toll on retail reopening plans all over the U.S. in the wake of protests against excessive police force and the death of George Floyd in Minneapolis. Retail locations of all types and brands went unspared, from Los Angeles to New York City, as protests turned violent.

Retail 131
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DSW Shop-In-Shops Open In Hy-Vee Grocery Stores

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has brought DSW Designer Shoe Warehouse “shop-in-shops” to the Minneapolis-St. Shoppers can test out shoes and choose from different brands ranging from fashion to athletic labels in the shop-in-shop locations. says it runs over 275 retail locations throughout eight states with sales of $10 billion each year. Hy-Vee, Inc.

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Pop-Up Shops Fit Trend Toward Smaller Retail Spaces

PYMNTS

Retailers are looking to do more in smaller spaces, a trend that seems ready to increase during the holiday shopping season and beyond. Among the latest examples of that comes from kids’ eyewear retailer Fitz Frames , which offers face measurements via its mobile app, and a subscription commerce plan for consumers.

Trends 121
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Today's Top Retail News: Holiday Spending Looks Flat; Target Meets Amazon Prime Challenge

PYMNTS

In today’s top retail news, holiday spending is expected to be flat this year, Bed Bath & Beyond rolls out same-day delivery and Target goes up against Amazon Prime Day with “Deal Days.” And the digital-first economy will drive the difference between success and failure for many retailers. But these are the easy points.

Meeting 134