Weekly edition
| Oct. 4, 2021
It's holiday time!
Even though it's the start of October, the retail industry has already been preparing for the fourth quarter for months. That's why we send out a weekly holiday newsletter this time of the year - to keep you updated and informed as the season unfolds.
You are receiving this newsletter because you subscribe to one of our other editions. If you want to opt out, you can unsubscribe from our holiday newsletter at any time here. But, we hope you will stick around as we report on what will surely be an exciting shopping season.
Kaarin Vembar
Editor, Retail Dive
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Bottlenecks from factories to cargo ships mean less inventory and fewer discounts for the season.
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Last year's spending growth during the season surprised many retail observers. This year could be even better.
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The retailer is incentivizing consumers to shop early as inventory constraints, labor shortages and supply chain issues loom over the season.
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Upgrade your digital marketing tactics for holiday sales growth and into 2022.
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UPDATED
Target on Thursday announced that it is adding 30,000 supply chain workers for roles that include warehouse and operational support staff.
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A survey found that 62% of respondents plan on shopping with big-box retailers during the holiday season, followed by department stores and malls.
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The hardware retailer says inventory levels are "actually getting better, not worse," as other companies struggle to navigate supply chain disruptions.
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The need for labor will only become more pressing as the carrier braces for peak season.
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The time it takes to ship products from China to the U.S. increased by 83% in September compared to before the pandemic, according to Freightos.
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What We Are Reading
Modern Retail
Reuters
Forbes
WSJ
Bloomberg
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