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Mejuri Leverages Real-Time Profitability Data to Inform Decision-Making

Retail TouchPoints

SoundCommerce allows us to track the exact impact of these variables on our profitability as we make real-time decisions regarding assortment, promotions, inventory, marketing and fulfillment.” SoundProfit 360 collects and processes revenue and cost data in real time from every system across the enterprise,” explained Best. “It

Markdowns 251
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The Race to Displace: How Temu and Shein are Redefining Ecommerce

Retail TouchPoints

Amazon’s vast marketplace, combined with its rapid fulfillment and Prime business, effectively calcified its position. As it entered a new market, it needed to establish brand awareness and attract customer interest on a national scale. Now, we’re witnessing a new wave of ecommerce in the U.S. driven by Chinese competitors. operations.

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Have Temu and Shein Thwarted Wish’s Hopes of a Comeback?

Retail TouchPoints

Europe should continue to be a strategically important region for Wish as our European customer base accounted for nearly half of the core marketplace revenue in Q2,” said Yan. While Wish doesn’t share GMV breakdowns by category, Liu said that these four categories account for more than 50% of GMV on the platform.

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Jason & Scot Show Episode 318 Temu Deep Dive with Earnest Analytics

Retail Geek

They sourced respectively from a large account aggregator, like a budgeting app, and part of a POS system in the US. And Ernest essentially takes these massive and messy data sets, normalizes structures, and then puts them onto our platform so everyone from portfolio managers to marketers can see this third-party data.

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Back-to-school spending flattens amid fiscal concerns

Mass Relators

Parents surveyed expect to spend $586 per student in grades K-12, down just $11 year-over-year (up $57 compared to 2020). Clothing and school supplies are expected to account for most of the back-to-school market spending, remaining flat at $12.6 billion and $7.4 billion, respectively.

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(Some of) the Technology that is Empowering the Customer Channel in Physical Retail

Retail Next

Fulfillment. Allbirds (via Shopify), to highlight one retailer, offers pick up in store and fulfills orders via ship from store. . This was a fascinating early look into deep metrics that helped to justify marketing spend, physical store design, layout, space planning, visual merchandising changes and more. . .

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Jason & Scot Show Episode 294 – Amazon Q2 2022 Earnings

Retail Geek

Digital marketing spend right now right I guess you go into recession it’s not the right thing to do but you know a lot of people that are nervous about their economic future are you know slow down their marketing spend right and it’s kind of like when when you start to Skid on the ice.