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Recall Roundup: April

Hunton Andrews Kurth

Recently, however, the CPSC has taken the far more unusual step of independently issuing its own warnings to consumers about dangerous products in three circumstances involving treadmills, youth ATVs, and bed rails. Maxtrade halted sales of the youth ATVs immediately upon receiving the CPSC’s notice.

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Footfall is Coming Game of Thrones Studio Tour opening month sees sales spike at The Boulevard

A1 Retail

A month on from opening Average Transaction Value (ATV) is up +37% compared to 2020, signalling a significantly greater spend from shoppers when on site. The Boulevard, Northern Ireland’s only designer outlet, is adjacent to the attraction’s Park and Ride facility, has reported an increase of +8.3% compared to the same period in 2020*.

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KPIs In Retail: 7 Essential Metrics to Level Up Your Retail Game

V Count

Average transaction value (ATV) This metric helps you better understand how much shoppers spend in your store on average. A higher average transaction value (ATV) means that shoppers are buying your more expensive products or that they’re buying larger quantities. Your sales associates should be able to: . CE-CN)/CS)) x 100.

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The O2 celebrates a successful year of trade across the destination

A1 Retail

The O 2 was also proud to host the 2022 Laver Cup and Roger Federer’s last ever professional match, which saw a significant surge in both footfall and ATV across the destination, resulting in the highest ever combined sales results across outlet shopping, leisure and F&B at The O 2.

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Creeping back to retail, July Week 1 retail performance trends

Retail Next

As we move forward into this new normal of continuing social distancing, wearing masks, and washing our hands, the million dollar question is, when will we return to life as we once knew it? In spite of slow-to-recover traffic metrics, other sales KPIs are showing positive increases to last year.

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From Foot Traffic to Sales: The Role of Shopper Yield in Retail Success

V Count

Shopper Yield = Conversion x ATV Bearing a comprehensive approach, retailers can optimize their marketing strategies to improve their customers’ in-store experiences and maximize the store’s overall revenue. A store’s Shopper Yield is determined by multiplying its Conversion by its Average Transaction Value.

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Back to school, back to learning or will it simply be back to home?

Retail Next

Net sales are still suffering, -26% to LY but we are consistently seeing improvement, and conversion (CVR), shopper yield (SY), average transaction value (ATV), and units per transaction (UPT) all continue to be positive to LY. Traffic trends for open stores have been relatively flat since the end of June, -42% to LY.

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