Published on: 21 December 2023
Last Updated on: 05 November 2024
If you follow retail news at all — or have set foot in a regional shopping mall recently, for that matter — you know that the industry has more than its fair share of struggles. For this, you have to take a look at the most surprising retail trend.
Compared with other types of commercial real estate, large-format retail (especially traditional enclosed shopping malls) suffers from high vacancy rates and flatlining revenues. Several high-profile mall operators and owners have gone bankrupt recently, and others could follow if the U.S. economy tips into recession.
Maybe even if it doesn’t.
But retail isn’t all doom and gloom. 2024 is shaping up to be the industry’s most exciting year so far this decade. Several emerging retail trends hint at a sunnier future for merchants, operators, property owners, and — of course — shoppers.
Here’s what you need to know to get up to speed.
1. Pop-Up Retail Is Not Just A Fad
Long dismissed as an inconsequential fad, pop-up retail is becoming more difficult to ignore thanks to rapidly growing platforms like Nomad. You can say it is a prominent, surprising retail trend. Industry pros like xNomad’s Lorenzo Bonfiglio gravitate toward this space because it’s flexible, empowering, and comes with lower overhead costs than traditional retail. All to the good.
Shoppers seem to be getting the message as well.
2. Makers Are Reaching New Markets
The pop-up retail trend is driven in large part by independent artisans — makers — seeking creative ways to reach new markets at scale. It’s the same trend that drove earlier phases of digital retail growth but even more decentralized and democratic. For the first time in a long time, the balance of power could be shifting from larger retail corporations back to craftspeople who truly take pride in their work.
3. Surprising Retail Trend: Returns Are Getting (Even) Easier
Larger merchants are certainly playing a role in the retail renaissance. They’re investing in innovative processes and technologies that make the shopping experience simpler and more enjoyable, both online and IRL. For example, many are relaxing return policies, even moving to “no questions asked” returns, while streamlining the experience of sending back an unwanted item.
4. Retailers Can Do More And More With Less And Less
Automation: It’s real, it’s happening, and it’s changing the retail game right now.
From automated return kiosks to smarter self-checkout stations, customer-facing automation is nothing new. More and more, the real action is happening behind the scenes, with improved logistics and more productive internal systems. These innovations show up in slowly but surely improving customer satisfaction metrics. Hence, consider it as a surprising retail trend.
5. Loss Prevention Is Improving
Target CEO Brian Cornell surprised a lot of industry observers recently when he told investors that his company had a handle on organized theft. This is partly an automation success — in-store security is better than it was — and partly due to factors outside retailers’ control. The important thing is that a big, ongoing headwind for major retailers seems to be letting up.
6. Lower Inflation Could Give Shoppers A Boost
Surprisingly strong 2023 holiday season sales could signal a turning point for the retail industry as a whole, according to retail expert Melissa Repko. Thanks to falling inflation, which is tempering increases in both wholesale and end-user costs. As we turn the calendar into 2024, continued price normalization could outright reverse another powerful retail headwind, driving higher consumer spending and fatter retail profits.
Retail Is Having A Moment Right Now
The shopping industry is having a much-deserved moment in the sun right now after years of pain and doom.
Does that mean all its problems are solved? Not. But even the most pessimistic observers have to agree that the forecast for 2024 looks better than most expected, even a few short months ago.
Thanks to durable trends like falling inflation, lower in-store and point-of-sale friction, and ongoing sales automation, the years to come could be funnier still.
Ankita Tripathy loves to write about food and the Hallyu Wave in particular. During her free time, she enjoys looking at the sky or reading books while sipping a cup of hot coffee. Her favourite niches are food, music, lifestyle, travel, and Korean Pop music and drama.
E-Commerce is huge and it has billions of customers on a daily basis. Are you someone who likes internet shopping a lot? If your answer was a YES, then you must have probably heard about the company named Orplex Ltd.
It is one of the leading companies in the United Kingdom that is primarily known for providing some of the best cutting-edge shopping experiences to the customers.
However, do you think that it is similar to the other mainstream eCommerce sites? Well, the answer is not that easy to get. Here is a trick— you need to scroll down to learn more!
So scroll down to the bottom of this blog to get all the necessary information and more about Orplex…
What Is Orplex?
Image Source: cdn.shopify.com
Set up very recently in the year 2014, Orplex Ltd. is a provider of eCommerce and online shopping experiences to those customers who are always searching for better modes of online shopping and ecommerce experiences.
Located in the Industrial Estate of Bury, Portland, United Kingdom, Orplex is an eCommerce business that is run by a family. This company is known to be a massive supplier of several pieces of equipment which are related to the industrial machinery sector. It is one of the fastest growing organizations with an acquisition of various other eCommerce websites like Cable Drum Jacks and Rigging UK.
According to the founder of Orplex, David Howarth, the company aims to provide the customers a much better and easy navigation to several other websites that are specific to the market. In this way, it helps the customers to experience a simpler, more effective, and a better and easier navigation to meet their needs.
There are many reasons why the company has soared high and gained popularity in recent years. Here are some of the things that makes it popular:
Easy to navigate websites
Easy tracking of products
Clear and secure payment methods
Quick delivery of purchased products
Smart searching facilities
The Orplex company is one that is dedicated to providing the best shopping experience to the users.
Orplex Overview Chart
Company NameOrplex, Orplex Groups Ltd.Known AsOrplex Ltd.Industry TypeIndustrial Machinery ManufacturingCompany TypePrivate CompanyYear Of Inception2014Date Of Inception1 MayCompany StatusActiveOfficial Websitewww.orplexltd.co.uk/NAICS CodeNAICS: 33,333SIC CodeSIC: 35,353Headquarter Unit 4 Portland Ind Est, Portland Street, Bury, Lancashire, BL9 6EYCompany RevenueLess than $5 Million
Orplex Acquisitions: What Are The Companies Under Orplex?
Image Source: beboys.co.uk
The next important question that a lot of people have regarding Orplex Groups Ltd. is about the acquisitions of the company. Here is a list of all the websites that are under the much talked about Orplex.
Take a look at them to get a better understanding:
1. Hoist shop
Image Source: media.donedeal.ie
Website: www.hoistshop.co.uk/
Here are some of the things that you get here:
Beam clamps
Pallet trucks for rough terrains
Beam anchors
Hoisting
Eyebolts
2. Rigging UK
Image Source: cdn.thomasnet.com
Website: www.rigginguk.co.uk/
Here are some of the things that you get here:
Duct rods
Cable rotators
Inverter generator
Capstan winch
Roofing kit
3. Cable Drum Jacks
Image Source: jakobthaler.com
Website: cabledrumjacks.co.uk/
Here are some of the things that you get here:
Manual jacks
Cable pullers
Mechanical jacks
Powered ropes
Duct rods
4. Winch Shop
Image Source: img1.wsimg.com
Website: www.winchshop.co.uk/
Here are some of the things that you get here:
Hydraulic Winches
Trailer Winches
Manual Winches
Goliath Winches
Pulleys
Capstan Winches
Frequently Asked Questions (FAQs):
Now that you have almost reached the end of this article. I really hope that you have found answers to most of your queries. However, I would advise you to take a look at some of these questions that people frequently ask about the company.
1. Where Is The Headquarters Of Orplex Located? Ans: The headquarters of ecommerce company Orplex Ltd. is located in the Industrial Estate Portland, Portland, UK. 2. What Are The Competitors Of Orplex? Ans: In case you were searching for the names of the competitors or alternatives of Orplex, you have reached the right place. Here are some of them that you might find helpful:a. Lifting Material Suppliesb. APP Lifting Servicesc. Rope and Marine Servicesd. Crane Handlinge. Cranes UK 3. What Is The Tech Stack Of Orplex? Ans: Orplex Ltd. is a company located in the UK. the tech stacks of this company include prominent names like:a. Google Font API by Googleb. Microsoft Exchange Online by Microsoftc. Office 365 by Microsoftd. GoDaddy Certificates by GoDaddy
Wrapping It Up!
There are many e-commerce website companies in the world, and Orplex Ltd. is one of them. It is a famous company in the United Kingdom that is known to have acquired several other domains and websites. The main aim of this company is to provide a satisfactory shopping experience to the customers.In case you were searching for information regarding Orplex, I hope that you found this article to be of help. Also, if there is any other confusion regarding this company or website, please comment them down in the box.
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Back in the dark ages, there was no Cyber Monday. Anyone who wanted to take advantage of Black Friday deals had to wake up at 3 a.m. and camp in front of the store until they opened their doors. And then they had to dodge the sharp elbows of their fellow shoppers as they rushed for the holy grail of sales — a limited discount while supplies last. Now things are completely different, and deal-hungry shoppers have it easy thanks to FinTech. They don’t even have to leave the comfort of their couch cushions to snag the biggest Thanksgiving weekend deals.
The frontline has moved from in-store to online:
E-commerce has totally changed the Thanksgiving weekend. In 2017, USA Today ran a story called, “Black Friday isn’t dead, but it’s dying”. This hyperbolic language doesn’t mean the tradition of shopping sales on the Friday following Thanksgiving is ending soon, but it is changing. Trends suggest it’s no longer just one day when shoppers can find discounted items, but an entire week—and sometimes even a full month.
A recent survey suggests how shoppers are snagging these deals are changing, too. According to Accenture's Holiday Shopping Survey, 52 percent of respondents admitted they were less inclined to shop on Black Friday. While 64 percent of this group said it was because they didn’t want to brave the crowds, another 44 percent said they believed they could find the same sales, if not better, online.
Last year, e-commerce sales hit a new record. Shoppers spent $2.87 billion over the Thanksgiving weekend, rising nearly 20 percent from 2016 sales.
FinTech has simplified the payment process:
FinTech is a portmanteau combining the words Financial and Technology. It describes any data-driven process that facilitates financial services and products. FinTech is built into the foundations of the digital payment that e-commerce sites use on Cyber Monday, and the latest advancements have helped retailers create an easy online version of Black Friday, too.
An Adobe survey shows 46 percent of Thanksgiving shoppers are using their smartphones to research and claim deals. Another survey shows some consumers even use their phones to buy an item while in-store, and they use their mobile wallet to complete the transaction.
FinTech has streamlined the digital payment experience both online and in-store. It lets e-commerce sites facilitate fast and secure methods of online payments, while it powers physical POS that accept contactless payment methods like Google Pay or Apple Pay.
FinTech streamlines other aspects of holiday shopping:
Thanksgiving marks the beginning of the holiday season—a time of year when people are expected to spend, spend, spend. The National Retail Federation estimates the average shopper will drop nearly $1,000 on gifts, decorations, and food. This figure doesn’t include the other holiday expenses, like drinks, travel, and winter bills and repairs. It’s easy to lose sight of your financial limits when you’re curating the best holiday season ever. Many shoppers end up draining their savings account to celebrate the festivities.
This puts your finances in a difficult position. If an unexpected bill (like penalties for using your cell phone while roaming) or repair (like fixing your broken furnace) comes along, your depleted savings won’t help. Luckily, FinTech offers an alternative way to cover responsibilities by facilitating easy online payday loans. Their online service makes it possible for companies like GoDay to process applications in five minutes and issue payday loans in just one hour after approval. They’re even a potential cash flow solution for those shoppers living outside of the US.
In the past, Black Friday was a location-specific sale. Now, e-commerce catapults the Thanksgiving weekend sales into a global market. International shoppers living in Canada can access cyber deals as easily as their American counterparts, meaning they might accidentally overspend like their neighbors, too. That’s why the best payday loans Canada has to offer involves the same fast online processes as other FinTech borrowing experiences.
The online borrowing experience is simple—as is the week-long Cyber Monday event. And it’s all thanks to FinTech. FinTech makes it easier than ever to shop the biggest sales without ever leaving your house. As long as you have a device that connects to the Internet, you have access to any online Black Friday and Cyber Monday sale.
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All of us who love shopping will agree that there is nothing better than mega sales and super saver offers. There are frequent sales on clothing, accessories, shoes, bags but the sales on household essentials are not very common. So I'm sure you would have a long list of items ready with you and Souq will help you fulfill all your wishes, this festive season.
There is some super saver offers to go on along with which you can also avail Souq coupons. You can pay for these products using credit or debit cards and can also choose cash on delivery as an option. Get ready to grab some amazing deals on different categories of products including beverages, snacks and biscuits, pastas and noodles, baby items, diapers and tissues, aerated drinks, tea and coffee, confectionery, breakfast and cereals, dairy products, rice and pulses, cooking ingredients, canned food and soups, laundry, cleaning supplies, air fresheners, skincare, men's grooming, hair care, personal care, skincare and pet care.
Bundle Offers :
There are many special bundle-offers in this sale on categories like snacks, laundry, seasoning, spices and preservatives, beverages, plastic and paper products, health and personal care, among many others. These offers include:
50% off on 12 bottles of Arwa Water (330ml)
32% off on 6 kg of OMO Active Fabric Cleaning Powder
36% off on 3 boxes of Fine Ply tissues with lotion (100 sheets)
50% off on 3L + 900 ml of Dettol All-purpose cleaner
17% off on 12 packs of Vimto Cordial Dilutable Juice (710 ml)
Buy One Get One Free on Fogarty 25 Piece Dubai Desert Chocolate Covered Dates Gift Box
There are many more of such Souq bundle offers on household essentials across the site that you can avail. The different brands that are providing these bundle offers are Purna, Dettol, L’oreal Paris, Green Valley, Fine, Ariel, Persil, Maggie, Garnier, Kleenex, Pringles, Heinz, Tang, Tide, Gillette, along with 70 more brands. There are average customer reviews on almost all the products which will help you decide which product is the best as per your needs.
20% to 50% off on cleaning supplies and laundry :
The categories of cleaning supplies and laundry have discounts ranging from 20% off to 50% off on brands like Harpic, Fairy, Vanish, Finish, Spin, Dettol, Ariel, Clorox, Tide, OMO along with 50 other brands. You will find bathroom cleaners, multipurpose cleaners, dish cleaners, glass and window cleaners, tile cleaners, dishwasher cleaners, detergents, fabric softeners, stain removers, clothing care products and many other types of products. These products are available in bottle, box, jar and pouch packaging. Some of the famous offers in this category are:
31% off on Earth Choice Floor and Hard Surface Cleaner
25% off on Harpic Fresh Pine Liquid Toilet Cleaner
23% off on Method APC Spray
24% off on Finish All in 1 Dishwasher Detergent
44% off on Ariel Green Automatic Platinum Fragrant HD Clean Washing Powder
25% off on Clorox Clothes Stain Remover and Color Booster
Supersaver offers on snacks, cereals, dairy items, and confectionery :
The different products available in all these categories include biscuits, cookies, spreads, crackers, chocolates, candies, mints, drops, cereal bars, oats, crunchies, honey, brownie bars and a lot of other options. The section for snacks and biscuits has discounts ranging from 15% off to 30% off. The different brands which have their products in this section include Nutella, Oreo, Pepperidge, Heidi, Bee Natural, Mr. Krisps, McVitie’s along with many more brands.
The discounts on breakfast, cereals, and cooking ingredients section start as low as 12% and go up to 50% so this is definitely not an offer to miss. Grab the items from all the top brands like Quaker. Oreo, Tabasco, Al Alali, Nutella, Purna, Zane, Tiffany, Fitness, Vitaplus+ and more of such brands. 10% off to 30% off discounts on dairy items are also worth checking out once. You will surely find the things you want at low prices.
The brands under discount for this section are Lacnor, Al Safi, Nestle, Nido, Rainbow, Savio, among many others. Our favorite confectionery section is also under discount and they are as high as 30% off. You will find Rafaello, KitKat, Cavendish, Bounty, and many more tasty names in this category and in all flavors including orange, mint, fruit, cherry, and coffee. These products are available in a jar, can, box, bottle, and pouch packaging. Some of the famous offers in these sections are:
21% off on Tuc Original Biscuits 300 gm
22% off on Oreo Thin and Crispy Cookies
18% off on Nutella and Go Spread with Malted Breadsticks
12% off on Fitness Strawberry Cereal Bars
31% off on Quaker Oats Tin 500g
27% off on Lacnor Essential Milk Full Cream
10% off on Al Safi Low Fat Long Life Milk
Buy One Get One Free on Mentos Gum Sugar-Free
Many more such offers are available on the website to tempt you into buying all that you want. Go ahead and give your taste buds and sweet tooth the treat that they deserve.
Up to 80% off on self-care products :
The discounts on skincare, hair care, personal care, men's grooming, and dental care are also worth going for. The discounts start at 20% off and keep going till 80% off. All the major brands like Dettol, L’Oreal Paris, Olay, Nivea, VLCC, Johnson’s along with 200 other brands have products available under this category. Some of the famous offers in this section are:
19% off on L’oreal Paris Pure Clay Green Mask
26% off on VLCC Complete Fairness Kit
16% off on Clinique Anti-blemish solutions clarifying lotion
12% off on Nivea Purifying Face Wash
41% off on The Art of Shaving Pre-Shave Oil
29% off on L’oreal Men Expert Anti Irritation Shave Gel
10% off on VLCC Men Refreshing Face Wash
20% off on Neutrogena Visibly Clear Pore and Shine Daily Wash
60% off on Fa Lotus Flower Fresh and Dry
14% off on Johnson’s 24 Hour Moisture Soft Cream
43% off on Scholl Velvet Smooth Electronic Nail Care System
63% off on White light tooth whitening system
14% off on Listerine Fresh Burst Mouthwash
The list of offers covers everything you need at amazingly affordable prices. The delivery system for Souq is hassle-free and thus you need not worry about the mishandling of products throughout the process.
Huge discounts on Pet Care and Baby Care products :
You can also find great products for your pets at discounted prices with a wide variety of options to select from many reliable brands like Bobby, Hartz, Allforpaws, Vidapets, Nature’s Image USA, Pugga, Ferplast, Thomas, Adidog, Purina, Omega Paw, tetra Germany, Purrfect, Fancy Pets along with many more brands. The discounts in this category start with a high number of 40% and go up to 75% off. The various products available in the category include collars, harnesses, leashes, apparel, accessories, toys, beds, and furniture, grooming supplies, health supplies and many more. These products are used for cats, dogs, fishes, small animals, reptiles, horses, and birds. Some of the amazing offers in this category are:
74% off on Dogs Pets Clothing Clothes Cute Fleece Bumble Bee Lovely Wings
64%v off on Window-Mounted Sun Bed for Cats
40% off on Portable Metal Cat Shower Cage
70% off on Winter Style Pet Dog Superman Clothes Costume Suit Puppy
There is a broad range of products related to baby care on the website and all your favorite brands are slashing down prices for these super saver offers. The discounts range from 30% off to 80% off. The products are from various famous brands like Pampers, Johnson’s, Huggies, Fine Baby, Kami, Sanita Bambi, Pixie the Smurfs, Angry Birds, Shopkins, Tommee Tippee, Himalaya, Chubs, Mastela, and 50 other brands to choose from. The different products that you can buy for the little ones from the site include baby wipes, diapers, bathtubs, baby oils, baby shampoos, towels, disposal cassettes and boxes, toilet seats, nappy creams and much more. Some of the amazing offers in this category include:
10% off on Fine Baby Super Dry - Smart Lock, Small 3-6 Kgs, Jumbo Pack, 68
25% off on Pampers Active Baby Dry Diapers, Size 3, Midi, 4-9kg, Double Mega Box, 272 Count
29% off on Children Folding Bath Tub Green
10% off on Pampers Sensitive Baby Wipes, 3+1, 224 Count
Almost all the products throughout the website are Souq assured which means that the quality and genuineness of the products is assured by Souq and the majority of the products are eligible for free shipping.
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