Top Industry Trends That Will Shape Wholesale in 2023
In the last year, the retail industry has evolved, making buyers and sellers adapt to market pressures and leverage digital buying and selling as a new path to success. Consumers have established new patterns, and the world of retail accordingly looks a little different on the other side—from more personalized online experiences to a resurgence of wholesale as brands look to diversify their distribution strategy.
JOOR processed nearly $20 billion in wholesale transactions this year alone, continuing to solidify our place as the world’s leading wholesale management ecosystem. Access to this volume of transaction data and vast global network of brands and retailers provides unique insight into the trends affecting our industry and those likely to take hold in the coming year.
Brand relationships are one of the pillars of success at Neiman Marcus. JOOR has helped streamline the [wholesale] process and is a great platform to collaborate with our brand partners to find all of the right styles to curate the best assortment.
