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Keeping pace with consumer trends and changing behaviours is key to the success of retail operations, particularly when managing the impact of current global events on supply chains to ensure they’re able to consistently meet demand. . According to the latest CBI quarterly Distributive Trades Survey, consumer confidence is growing as retail sales volumes were 16% higher than seasonal norms in February.
Pricing strategy is one of the hottest topics in the retail world, and rightly so. Having the right strategy keeps companies competitive and profitable. But, with so much information on price optimization floating around out there, and countless tips on increasing your profit margins, it can be difficult to know which strategies will actually help your bottom line.
Retail sales continued to perform well in February recording a 9.1 per cent year-on-year increase according to Australian Bureau of Statistics data released today. . Despite supply chain disruptions, departments stores recorded a 5 per cent increase after months of decline. Clothing, footwear and personal accessories recorded a 17.8-per-cent increase compared to February last year, followed by cafes, restaurants and takeaway food which grew 15 per cent and household goods, up by 8.1 per cent.
Navigating the past two years of digital changes has been a challenging yet invigorating time for brands and social media users alike. From the large spike of social platform users and increased time spent online to measurement fluctuations, everyone has developed new behaviors and preferences within the social space. 2020’s lockdowns forced brands to get creative with their digital presence as well as how they service their customers.
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.
Moss Bros has launched a new concept store at Victoria Place, the recently launched £700 million regeneration scheme in Woking town centre co-owned by Woking Borough Council and Moyallen Group. Occupying a 2742 sq ft space, the brand has opened on Victoria Place’s Henry Plaza. . The Moss Bros new concept store is designed to meet the needs of every shopper, including a dedicated style suite with its own fitting room and a cash desk for private appointments.
Walgreens Boots Alliance is opening micro-fulfillment centers that use robots to fill customers’ prescriptions. The drugstore giant expects it may use robots to fill as many as half its prescriptions by 2025.
Convenience chain 7-Eleven must pay $595,000 to a franchisee after the Victoria Supreme Court found the franchisor had made misleading statements about the term of a franchise agreement. The retailer was found to have breached the Australian Consumer Law in its pre-purchase dealings with Yong Li and Zhe Wang who bought the 7-Eleven Heathmont store in 2015.
Convenience chain 7-Eleven must pay $595,000 to a franchisee after the Victoria Supreme Court found the franchisor had made misleading statements about the term of a franchise agreement. The retailer was found to have breached the Australian Consumer Law in its pre-purchase dealings with Yong Li and Zhe Wang who bought the 7-Eleven Heathmont store in 2015.
Fabletics is partnering with Grammy Award-winning artist Lizzo to launch YITTY , a new shapewear brand. Lizzo has been developing the business for three years and will put an emphasis on inclusivity, with fits for all body types from size 6X to XS. YITTY aims to blur the lines of inner and outerwear with intentional-meets-functional designs and bold colors.
Global lifestyle brand, kate spade new york, is to open its first Northern Irish store in April 2022, at designer outlet, The Boulevard. . Taking prime position at the entrance of the Lotus Property-owned scheme, which is positioned on the A1 corridor between Belfast and Dublin, the 1458 Sq ft store will open April 2022, offering a range of product categories, including ready-to-wear, handbags, accessories, small leather goods, tech accessories and jewellery. .
Brick and mortar retailers have a lot of challenges to deal with after two years of pandemic and a rapid online shopping habit adoption. Apart from having to provide an amazing experience in-store to attract the attention of shoppers, they also need to make sure that they have the products shoppers are looking for.
Uber and BP have announced a global delivery partnership in an attempt to expand delivery services to everyday convenience. BP becomes the first major convenience retailer to team up with Uber on such a scale, and will connect more than 3000 retail locations with Uber Eats by 2025. . The partnership will cover retail sites in Australia, New Zealand, Poland, South Africa, the US and the UK with plans to expand operations to European markets from next year.
Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.
Consumers’ continued reliance on omnichannel fulfillment has created new opportunities for industry giants like Walmart to differentiate and gain market share. The retailer reported 5.6% comparable sales growth and growing market share in grocery during Q4 2021, and much of this success can be attributed to its robust last mile and fulfillment strategy.
Shaftesbury has today announced that the sustainable women’s performance wear brand, Dai, has opened its debut permanent space on 35-37 Monmouth Street, Seven Dials. Alongside the launch of two vintage activations, these recent openings boost Seven Dials’ diverse community of ethically driven retailers, solidifying it as London’s go-to destination for the conscious consumer. .
Amazon.com is looking to recruit 1,300 customers to place orders for delivery through its Prime Air drone program. The company will recruit testers in Lockeford, CA, and College Station, TX, who will be able to choose from around 3,000 items, all weighing under five pounds, and have them delivered via drone.
In a bid to accelerate carbon removal solutions, Canadian e-commerce company Shopify has invested in nine climate tech start-ups including Australian-based company Loam Bio, bringing its total carbon removal spend to $32 million. Loam Bio has developed a microbial seed coating that increases carbon in soils as well as crop yields. The technology is said to help farmers, thus laying the foundation for globally-scalable carbon removal.
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
IM Properties has partnered with Parcel Pending to launch the Premier Parcel secure delivery locker concept for residential deliveries. The service will be powered by Premier Parcel, a new company owned by IM Properties, with the lockers located next door to Sendik’s at The Corners of Brookfield, a mixed-use facility in Brookfield, Wis. that combines retail, restaurant, residential and entertainment offerings.
Cisco’s rich history of innovations in networking is grounded on a commitment to Continuous Learning throughout our engineering teams. Continuous Learning is central to our belief that the development of employees at all levels of expertise promotes creativity and engagement which in turn creates best-in-class networking solutions. Cisco is unique among our technology peers in that we own the entire breadth and depth of the network.
Pre-pandemic, the power balance in retail leasing sat very much in the landlord’s favour. Retailers and industry bodies had been calling out for a major reset for years, as rents continued to escalate, out of step with modest growth in many categories. If there was ever a ‘great reset’ event, gosh did we get it. The drive to e-commerce, covid relief legislation, months of forced store closures in major markets, and retailers closing their doors permanently throughout 2020-21, all contributed to
When it comes to driving traffic and growing your online presence, businesses often ask: SEO or PPC—what’s the better choice? This guide breaks down the key differences between search engine optimization (SEO) and pay-per-click (PPC) advertising, highlighting their pros, cons, and best use cases. Whether you’re looking for long-term organic growth or immediate visibility through paid ads, we’ll help you determine which strategy—or combination of both—is right for your business.
Responsible athleisure brand Able Made has launched a new immersive pop-up retail experience to promote its sustainable mission-driven message at 1 Hotel Central Park in New York City. Through the partnership with 1 Hotel — properties are inspired by nature and created using reclaimed materials — Able Made has found a pop-up home that aligns with its own values to afford an eco-friendly shopping destination.
Contributing author: Piyush Raj, Product Manager, Cisco SD-WAN. We are living in a hybrid cloud world in which users are accessing applications from anywhere. The cloud migration question has evolved from whether ‘applications should move to the cloud’ to ‘when applications should move to the cloud’. Every IT organization today is looking to meet the demands of agility, scalability, and faster time to market all while lowering costs by moving towards the cloud.
We often hear that DataWeave scripts can become a critical part of Mule applications, covering complex logic that often needs to be replicated elsewhere. So being able to document and share that logic across applications has become a need for many. With this in mind, MuleSoft is thrilled to announce that DataWeave is not only […]. The post Announcing DataWeave libraries in Exchange first appeared on MuleSoft Blog.
Online retailer MyDeal has launched a new global activities marketplace called Amazed.com in Australia. The new website will utilise MyDeal’s proprietary marketplace technology and existing 1 million active customer base to offer a one-stop shopping experience for activities and experiences for locals. The company also plans to expand operations to New Zealand in the first half of the calendar year, and then move to offshore markets like the UK and US.
AI is rapidly transforming digital commerce, but how do you separate real opportunities from hype? Moderated by Orium, AI for Commerce: Foundations, Aspirations, and Hype , experts from Bloomreach , commercetools , Contentstack , and Fluent Commerce explores where AI is already delivering results and where its potential is still unfolding. This masterclass dives into proven AI applications, emerging innovations , and the gaps between promise and reality in commerce.
Today’s shoppers are operating in a completely unrestrained informational environment, full of seemingly endless places to get input during the purchase journey. They aren’t bound by traditional constraints, and are gathering data far and wide to inform decisions with behaviors that no longer follow any established marketing models. We call this Shopper Promiscuity, with a propensity toward curiosity, experimentation, and risk-taking.
This blog is authored by Amandeep Singh , Technical Marketing Engineer – Technical Leader at Cisco. We have some exciting news: the popular Application-First Security lab with AWS has been updated, and it is better than ever! It has now been redesigned to follow the Cisco Validated Design “Securing Cloud-Native Applications – AWS Design Guide”.
Marc Rosen, the new CEO of JCPenney, is focusing the company on delighting its core customer base instead of engaging in a Quixotic attempt to gain new ones. The department store chain is focusing on customers with median household incomes between $50,000 and $75,000 who are looking for affordable clothing and items for their homes. “The biggest difference this time is we are loving those who love us.
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The U.S. government plans to put 180 million barrels from its strategic petroleum reserve on the market over the next six months to mitigate the rising cost of gas that has spiked with Russia’s unprovoked attack on Ukraine. The release will add 10 percent to oil production in the U.S.
Hong Kong-listed beauty giant L’Occitane Group has acquired a majority stake in Australian-based clean skincare brand Grown Alchemist for an undisclosed sum. . Grown Alchemist was founded in 2008 by Melbourne siblings, Jeremy and Keston Muijis, with a focus on futuristic anti-ageing technology and unique botanical skincare formulas for optimal skin health.
ZoomInfo customers aren’t just selling — they’re winning. Revenue teams using our Go-To-Market Intelligence platform grew pipeline by 32%, increased deal sizes by 40%, and booked 55% more meetings. Download this report to see what 11,000+ customers say about our Go-To-Market Intelligence platform and how it impacts their bottom line. The data speaks for itself!
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