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Retailers have to start understanding Gen Z. Theyre in their late teens to mid-20s and have far more purchasing power than we give them credit for. Theyll reach $12 trillion by 2030. Theyve grown up with devices in hand, and social media is their base of operations. But reaching them requires more than flashy social campaigns or discounts theyre more resilient to being marketed to as well as ham-fisted attempts to study them.
iStock/Jonathan Ross After a successful Kickstarter campaign, Cofounders Heather Aiu and Rachael Leinaala Soares launched Aloha Collection to produce Hawaii inspired waterproof bags with each contributing $2,000 of their own money. The Kickstarter campaign helped them secure their first customers and distributors. Today, their company is a multimillion-dollar brand with retail stores in Hawaii, California, and at the Walt Disney World Resort in Florida.
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The number of UK retailers experiencing critical financial problems are up by more than a quarter in the last three months. According to restructuring specialist Begbies Traynor, there were 2,124 retail businesses in critical financial distress in the first 11 weeks of the October to December quarter. This is a 25% jump from the 1696 in the period to July to September, but was down slightly on the 2,142 recorded in the last quarter of 2023, The Guardian reported.
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Jo Malone London is planning to open at least a dozen new shops outside of the capital over the next couple of years. The fragrance brand is looking to increase its store portfolio from 37 to 45 by the middle of 2025, and up to 51 a year later, The Financial Times reported. It is planning to target market towns such as Wilmslow, Farnham, Market Harborough, Leamington Spa and Chichester.
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Category Management is a cornerstone of a successful retail strategy. While it promotes collaboration between manufacturers and retailers to optimize category performance, challenges persist in its effective implementation due to hurdles in communication and collaboration across teams and partners, and more. In this guide, we outline five essential strategies for success in 2025 that will touch on all the essential pieces of a successful strategy and implementation.
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Late deliveries. Split shipments. Spiraling freight costs. For home, furniture, and DIY brands, fulfillment has never been more complex—or more critical. This report outlines how a smarter, AI-ready order management system (OMS) helps you reduce shipping costs, streamline project-based fulfillment, and ensure accurate inventory across every channel.
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Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! With the return of the iconic TV show, Squid Game Season 2 on Boxing Day, Just Eat and Netflixs new partnership brings fans a bespoke Squid Game experience right to their front door. Customers can enjoy a Squid Game-inspired menu of reimagined Korean classics which are available from 130 restaurant partners across the UK.
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I keep seeing new guides on how retailer marketers should tackle social media or mobile, on a near daily basis. Its great that theres boatload of content on these channels, but what about something more traditional like circulars?
As long as people cherish luxury fabrics like silk and velvet, rely on sharp business suits to make a lasting impression, or don formalwear for special occasions, the dry cleaning process will remain essential for garment care. Customers turn to dry cleaners not only for the expertise required to handle delicate materials but also for the convenience and reliability that come with professional service.
Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me?
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