Goods will be sold only online and through app, with some proceeds sent to charities
Higher prices not expected to put a damper on most celebrations
Tightness in market could cause stores to rethink their location strategies
Sales expected to hit $725 billion by 2032, with in-store sales remaining strong
Such silent snubbing undermines brand equity, discoverability and revenue growth to the tune of $2.4 billion a year
Consumers in the 2040s will also be big on personalization
Kearney report advises a thoughtful approach to communicating a brand’s values
Rise follows two months of declines
Shoplifters are regularly “shoveling stuff into a bag," employees say, even with security guards patrolling the store.
Added eateries to include up to a half-dozen of its flagship brand