Remove 2025 Remove Consumer Remove Subscription
article thumbnail

Rent the Runway CEO on the Evolution of Consumers and Her Company

Retail TouchPoints

Now, as the company’s 15th birthday nears, Hyman has unveiled her plans to “reinvigorate” the business heading into 2025 and beyond. ” Aligning with the Demands of Today’s Consumers “Some of the language that I continue to hear when I go to many of [my go-to-market appointments] are things like, ‘What will our adjacencies be?’”

Consumer 264
article thumbnail

Exclusive: Why Grove Collaborative’s Evolving Business Model Required Replatforming

Retail TouchPoints

Over the past 11 years, Grove Collaborative has built a name for itself as conscious consumers’ go-to supplier for everyday essentials. And that hard-won name has been built on top of a homegrown tech stack that supported the brand’s robust ecommerce and subscription ecosystem. replatforming.”

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Launch a Subscription Box For Your Company

Kissmetrics

They offer some of the best-known subscription boxes around, reflecting an increasingly popular (and potentially lucrative) business model. For a monthly fee, consumers receive a box filled with goodies ranging from sample-size toiletries to leisurewear. Why Should You Launch a Subscription Box? billion by 2025.

article thumbnail

Study: Resale to Hit $47B by 2025, Giving Fast Fashion a Run for its Money

Retail TouchPoints

That growth rate looks likely to continue, with the overall secondhand market projected to double in the next five years, reaching $77 billion in annual sales by 2025. Clark isn’t exaggerating: 33 million consumers bought secondhand apparel for the first time in 2020, according to the report. In 2020, 36.2

Fashion 264
article thumbnail

Walmart Raises Guidance Following Q2 Growth in Sales, Membership and Advertising

Retail TouchPoints

Walmart posted strong growth across its business in Q2 of its fiscal 2025, which ended July 26, 2024. These affluent shoppers in particular have been drawn to the Walmart+ subscription , which saw a 16% boost in membership this quarter. The company’s consolidated revenue of $169.3 billion for the quarter reflects a 4.8%

article thumbnail

Harnessing the huge marketing potential of subscription services

365 Retail

Subscription services really took off in 2020 thanks to a combination of lockdown driving online shopping, consumers’ desire to save money, and the innate convenience of the subscription model. The subscription phenomenon. 45% of consumers streamed live television at least weekly, up from 20% in 2017. .

article thumbnail

The Future of Digital Consumer Engagement: How Branded Web3 Communities using NFTs and Metaverses Can Rewrite the Rules of Marketing

Retail TouchPoints

Indeed, investment banking firm Jeffries predicts that the rapidly growing market will reach $80 billion by 2025. Instead, they’ll use sites and their own branded marketplaces or wallets to reach consumers. One of the hottest topics in marketing over the last 18 months has been non-fungible tokens, or NFTs.

Consumer 241