MEMBER PROFILE: ‘TUSCALOOSA HAS BEEN GOOD TO US,’ SAYS ALEX GATEWOOD, OWNER AND FOUNDER OF THE LOCKER ROOM

Source:   Alabama Retailer / November Member Spotlight Writer:   Nancy Dennis  November 4, 2021 Alex Gatewood initially came to Tuscaloosa to go to graduate school at The University of Alabama. Instead, he put his marketing and retailing undergraduate degree from Mississippi State University to work immediately. He entered a management training program for Pizitz, one of…

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Experts Believe a Retail Property Surge Is Coming Fueled by US Economy With ‘Strongest Growth in a Generation’

(Getty Images)SOURCE: Loopnet Reporter:  Linda Moss The latest forecast for the U.S. retail property market over the next few years is looking bullish, with the industry buoyed by a strong and fast-growing economy, pent-up consumer demand because of the pandemic, and the desire for shoppers to connect with a human. A panel of executives from…

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Survey: Second-hand retail sales will reach $77 billion by 2025

Dan Berthiaume    Senior Editor, Technology   The resale market is expected to double in the next five years. According to the ninth annual “2021 Resale Report” from online resale platform ThredUp Inc. and retail analytics firm GlobalData, secondhand apparel, shoes, and accessories is now a $36 billion market, projected to double in the next five…

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Retailers’ best e-commerce asset may be their brick-and-mortar stores

Source:  Retail Dive:  Daphne Howland Dive Brief: In yet another trend accelerated by the pandemic, BOPIS services have surged, with 40% of retailers now offering the service, compared to just a quarter last year, according to an emailed report from omnichannel platform NewStore. More than half (55%) offer in-store returns of online purchases, the firm…

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Harris Poll Exclusive: Online Shopping Hasn’t Perfected the Experience Factor

Ecommerce will never perfect experience because it has none to perfect. Their main playing cards are price and convenience and at times, selection. These are extremely important features of the retail game but the true winners have conquered the outstanding customer service demands of the successful brick and mortar experience then married that to seamless…

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