KHD Buzz – Retail Innovation in the Face of the Pandemic, Amazon Item Woes and More

KHD Buzz – Retail Innovation in the Face of the Pandemic, Amazon Item Woes and More

January 18, 2021 Off By Koehler Home Decor

Top Retail Exec Says Retailers Achieved ’10 Years of Innovation in Ten Months’

Steve Lamar, president and CEO of the American Apparel and Footwear Association (AAFA) stated in an interview with CNBC that the retail industry on the whole, one not always known for embracing change, has “achieved ’10 years of innovation in ten months’ and has responded to the pandemic in a way that most people would not have expected. Read More

Research Suggests Amazon Third Party Sellers Hiked Essential Goods Prices

According to a research report from The U.S. Public Interest Research Group Education Fund, in 2020 Amazon third party vendors doubled prices on 136 products considered essential for consumers, health providers and small businesses during the coronavirus pandemic, something that is a violation of the law in many states. Read More

Amazon Removing Q-Anon Related Items From Its Marketplace

After facing criticism from both lawmakers and customers Amazon has agreed to work on removing all apparel with QAnon insignia and related books from its third party marketplace. Read More

Fashion Execs See E-Commerce, Not Sustainability, As the Key to Industry Growth

According to a new report from McKinsey and Company, only 10% of executives see sustainability as a growth opportunity, as opposed to 30% who think digital (online retail) is the biggest opportunity. Read More

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