Average ticket values in North American ecommerce keeps rising just like consumer prices increase, as average ticket of the leading Top 1000 online retailers went from $156 to $180.
The Apparel/Accessories merchandise category, the largest in the Top 1000 by number of retailers, accounted for 12 of the 23 merchants with above-25% growth. Three Health/Beauty retailers topped 25% growth, representing 5.4% of the Top 1000 retailers in that category
CEO Mark Tritton is out. So is the retailer's merchandising chief, as the company reports dismal results for the first quarter of fiscal 2022 amid an inventory surplus.
Brands realize they must be more inclusive and embrace the customer who can pay first-hand, alongside the customer who shops via the secondhand market.