New Normal for Retail, Gap’s Multi-Brand Approach, Holiday Hopes Are High

By  |  November 26, 2021
 | 
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Gap stores are weathering the supply chain snafus with a multi-brand approach to retail. Plus, retailers are pinning their 2021 holiday hopes on financially healthy consumers, and advancements in digital retail are redefining the sector’s “normal.”

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    Data:

    20%: Share of consumers who plan to spend more on holiday shopping this year compared to 2020.

    50%: Portion of consumers who have started their holiday shopping.

    92%: Share of consumers who have placed at least one online order for goods or services recently.

    84%: Portion of consumers who have checked online for sales or discounts.

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    44: Number of brands and labels acquired by Authentic Brands Group.


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