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Ethical Commerce: How to Overcome 3 Top CSR Hurdles (With Examples)

Retail TouchPoints

This category includes discount stores, mass merchants (“big box stores”) and businesses focused on specialty hardlines. By managing all waste and recycling through Rubicon, Best Buy has diverted 78% of its waste away from landfills. Grocery and convenience stores, along with other food outlets, comprise this sector.

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The Reject Shop CEO quits, interim chief named

Inside Retail

Under Andre’s leadership, The Reject Shop’s corporate culture has been reset, the business has returned to profitability with a lower cost base, the balance sheet is strong and the store network continues to expand. CTS has 80 stores combining everyday low prices and seasonal merchandise.

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Analysis: The rise of the purposeful consumer

Inside Retail

Aaron Fidler, head of retail and commerce account management at Mastercard Australia, says the company’s latest Recovery Insights research shows that “roughly 20-30 per cent of the global Covid-related shift to digital is expected to be permanent. Wanting to return to shopping in-store and to shop locally is no different.

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Back in the black: The Reject Shop reports 63 per cent profit growth

Inside Retail

Discount retailer The Reject Shop has returned to profitability in FY23 as cash-strapped customers shop for lower-priced goods. million with comparable stores sales growth up 4 per cent. Overall sales increased 5.8 per cent to $819.3 Tax-paid profit grew 63.4 per cent to $10.3

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Retail Channel Strategy – Don’t forget the discounters

Mike Anthony

The IGD in the UK predicts that the discount channel will be the fastest growing grocery channel in the UK over the next five years (yes – faster than online!). And in most markets they continue to aggressively expand their store footprint, which will make their stores even more convenient to visit. Firstly, it’s a fallacy.

Shopping 147
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Retail spending strong in late 2022, but signs of slowing emerge

Inside Retail

It shows that a return to the first ‘normal’ summer break since the pandemic supported general spending in December, with the Index rising moderately as the year ended. However, in January, the typical post-Christmas decline in retail spending was one factor pushing the Index 6.9 per cent lower for the month.

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Clear vision – omnichannel retailing for optical brands

I Vend

That means that optical retail stores not only face competition from each other, but also from different retail segments, including department stores, speciality fashion, pharmacies and discount stores. Manage inventory in one place – having multiple channels doesn’t mean multiple inventories.