Retail Roundup | April 2022
As a retail technology company obsessed with data, we at Tillerman are constantly looking at the trends and forecasts shaping the retail industry broadly. The start of 2022 continued to bring challenges with supply chain issues, inflation and of course Omicron having an impact, but there were bright spots as well. Heres a roundup of some of the retail stories that caught our eye this month.

There were more ups and downs in the retail world this April. With Shanghai still in a lockdown due to China's zero-Covid policy, supply chain issues are compounding as trucking has stalled and goods aren't moving. Here in the US, stores like Lululemon and Walmart are looking for ways to build shopper engagement and loyalty. Lululemon is launching a membership program for clothes, events and classes and Walmart debuted an activewear line from fashion and fitness power couple Michelle Smith and Stacey Griffith. And Amazon's online sales declined 3% year-over-year.

Here's a look at some other stories making headlines in April.

The Wall Street Journal wrote about the behavior shifts of shopping online and in physical stores with data showing consumers are finding a balance between the two. While the pandemic surely pushed retail online, now shoppers are returning to stores, leaving online retailers figuring out how to bring back traffic.

A new law will be going into effect that states that job ads in New York City will need to include minimum and maximum salary, starting November 1. The 'pay transparency' law is designed to give job applicants - particularly women and people of color - more opportunity for fair pay.

Modern Retail writes about how companies are turning to rental and resale services as shoppers become more concerned about inflation. According to the article, re-sale is on the rise. ThredUp data found more brands have launched in-house resale over the past couple of years. The report, which analyzed 41 brands with resale shops such as Levi's and Madewell - many of which partner with ThredUp - cited a 275% growth in adoption between 2020 and 2021."

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