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Wesfarmers to merge back ends of Target, Kmart businesses

Inside Retail

The changes only occur on the business’s back end, with Target and Kmart remaining separate consumer-facing brands and store staff unaffected, Bailey was quoted by the Australian Financial Review (AFR) as saying. Kmart will continue to be price-driven and Target largely centred on affordable apparel and soft home furnishings, he added. “I

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Devising an Optimal Returns Policy for Your Business

Retail TouchPoints

Devising a new returns policy, then, entails managing a series of trade-offs that vary from one business to the next. Under lenient returns policies, retailers tend to be too quick to blame high returns on so-called “opportunistic renters” — consumers who buy with the intention of returning the item rather than keeping it.

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Address Labor Shortages by Creating Attractive Retail Career Paths

Retail TouchPoints

In combination with changes in worker attitudes and consumer behavior, these shifts have weakened the industry’s long-standing low-wage model. Kotlyar predicted that remote consultations with associates will expand beyond apparel into the electronics and home furnishings verticals.

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How Rebelstork Laid the Blueprint for Responsible Resale in a New Space — Baby Gear

Retail TouchPoints

The company was founded to simultaneously fulfill a consumer need and do good in the world by giving a second chance to traditionally short-lived baby gear, and it handles everything from pickups to confirming the quality of items prior to selling. “I You’d be surprised.

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What is Inventory Turnover in Retail? (Formulas, Benchmarks, Examples)

Retalon

As a retailer, effectively managing your inventory is critical to the success of your business. It indicates how efficiently inventory is managed and whether excess inventory is tying up too much capital. This indicates strong sales and effective inventory management practices. as apparel cycles faster than equipment.

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JD.com's Strategy, 10 Things to Know

Indigo 9 Digital

JD.com sells a range of products from electronics to food to apparel and has over 550 million active customers. Speaking about this Xu Lei JD.com’s CEO said : we “can only service certain number of consumers. They sell a range of goods from food to beauty to home furnishings. In 2021 JD.com generated revenues of $149.3

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Are London’s West End flagship stores just expensive billboards?

Retail Gazette

The experience-led store includes a studio space offering free workout classes and a Joe and The Juice café, alongside the opportunity to shop its wide range of fitness apparel and accessories. Managing director Phil Halliday says the decision to return was a simple one: “It’s Oxford Street, isn’t it?” “It’s