retailgrowth

Temu and Shein Experience Explosive Growth in US Sales as Small Parcel Tariff Looms

6 days ago

In an impressive turn of events, the e-commerce giants Temu and Shein are witnessing a substantial surge in sales across the United States. This growth is particularly notable as both companies are racing against the clock ahead of the impending small parcel tariff set to come into effect.

Zalando’s Loyalty Program and Strategic Pricing Drive Growth in Competitive Market

2 months ago

Zalando SE, a leading European online fashion retailer, reported a surge in growth driven by its newly implemented loyalty program and a strategic reduction in discount offerings. This approach not only helped to stabilize the company's financial performance but also positioned it advantageously in a highly competitive marketplace. The company's recent earnings report showcased key metrics indicating a positive shift in consumer behavior and retail strategy.