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How Temple & Webster plans to use AI, private labels to reach $1b in sales

Inside Retail

Temple & Webster also has plans to achieve $1 billion in annual sales within the next three to five years. It plans to increase its brand spend in the upcoming financial year. However, in this macroeconomic environment, customers are particularly responsive to a high-value offering. “We

Planning 246
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How retailers can thrive amid inflation: Strategies for the holiday season

Inside Retail

The latest Consumer Price Index (CPI) figures show inflation has fallen to within the RBA’s target band at 2.8 This disconnect is evident in conversations at weekend barbecues all around Australia, where scepticism toward any tangible signs of economic relief is evident, regardless of what the latest statistics might suggest.

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What does Barry Williams’ return mean for Poundland?

Retail Gazette

The return of its former bosscomes at a crucial time for Poundland after it reported its fourth consecutive quarter of declining sales, which fell 7.3% A leadership reshuffle Williams is back working with Poundland on an interim basis while the group pulls together a plan for Poundland and its sister chain Dealz’s Irish division.

Returns 112
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Dollar General Adds 100+ Private Label Products as it Expands Fresh Food Offerings

Retail TouchPoints

We have made significant enhancements to our private brands in 2023, and we know how important these value offerings are for our customers,” said Emily Taylor, EVP and Chief Merchandising Officer at Dollar General in a statement. “We The retailer opened its 19,000th store in January 2023.)

Grocer 242
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What’s in Store for Grocery in 2022?

Retail TouchPoints

As Mark Cuban said recently , “We have bifurcated into an economy where there are companies that are good at AI and then there is everybody else.”. He leads Halla’s strategic vision, growth plan and value offering, and works to build robust, symbiotic relationships with customers, vendors and investors.

Grocer 321
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Best of 2024: Clintons new owner’s plans for the card retailer that refuses to fold

Retail Gazette

At its peak, it was the clear greetings card market leader with over 1,000 stores and a presence in almost every major British town, but a n influx of internet rivals alongside the growing popularity of Card Factorys value offer resulted in the retailer losing its grip on the industry.

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Has John Lewis Partnership finally turned a corner with its ‘refreshed’ turnaround plan?

Retail Gazette

John Lewis appeared to backtrack on Dame Sharon White’s original turnaround plan as CEO Nish Kankiwala vowed to focus “unashamedly” on retail after the partnership posted its first profit in four years. We’ve secured the funding we need for the four years of the plan.

Planning 111