Free views, likes and subscribers at YouTube. Now!
Get Free YouTube Subscribers, Views and Likes

Why Primark Is Thriving While Retailers Like Forever 21 Are Closing | WSJ The Economics Of

Follow
The Wall Street Journal

Primark is increasing its revenue by encouraging customers to shop in retail stores as the ecommerce industry booms. Fast fashion companies like Forever 21 have relied on online shopping to help grow, but Primark is taking a different route for expansion.

WSJ explains how Primark has gained a foothold in the U.S. fashion industry by pushing customers to shop instore.

0:00 Primark stores
0:57 No online shopping
2:55 Click and collect
4:26 Pricing strategy
5:09 U.S. expansion

The Economics Of
How do the world's most successful companies generate revenue? In this explainer series, we'll dive into the surprising stories behind how businesses workexploring everything from Costco's "treasurehunt" model to the economics behind Amazon's AWS.

#Primark #Fashion #WSJ

posted by smatranoj9