Megan Honan: Jan 26, 2023
Despite the acceleration of ecommerce, physical stores continue to be an essential channel for retailers in 2023. Today, 85% of all retail sales occur in a physical store, with 54% of shoppers preferring to shop offline.
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Megan Honan: Jan 18, 2023
Over the last three years, retailers have battled economic uncertainty. Record-high inflation, global conflicts and the impact of the pandemic have...
Megan Honan: Jan 3, 2023
For retailers, 2022 has been a tumultuous year. Record high inflation, continued supply chain issues and the war in Ukraine have contributed to an...
Megan Honan: Dec 22, 2022
Despite fears of a recession, finding and retaining retail workers remains challenging. In 2022, 74% of retailers faced shortages in customer-facing...
Megan Honan: Dec 15, 2022
It is no secret that department stores have struggled over the last decade. The rise of ecommerce and evolving consumer demands put pressure on the...
Megan Honan: Dec 1, 2022
The home furniture industry is thriving. This past April, industry sales hit a 20-year high. From April 2021 to April 2022, U.S. consumers spent over...
Megan Honan: Nov 25, 2022
This year's hottest beauty trend is not TikTok's famous “sunburn blush” or “laminated brows.” Instead, brands are betting big on beauty tech.
Megan Honan: Nov 18, 2022
Today, physical retail is a powerful channel for building relationships with customers. But with more and more customers shopping online, retailers...
Megan Honan: Nov 1, 2022
For many consumers, the pandemic was an opportunity to rethink their beauty routines. In the absence of schools, offices and social gatherings,...
Megan Honan: Oct 24, 2022
When stores shut down in March 2020, jewelry brands were at a crossroads. Historically, the industry relied on physical retail to connect with...