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What’s driving the transformation of China’s department stores?

Inside Retail

Once seen as a staple of urban retail, department stores in China are undergoing a transformative reinvention. With malls, e-commerce giants, and niche retailers vying for consumer attention, these legacy institutions must reimagine their purpose in an increasingly digital and experience-driven retail environment.

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Maximizing Impact During Cyber Week: Lessons for Brands and Retailers

Wiser

For brands and retailers, this week presents a crucial opportunity to refine pricing strategies, capitalize on heightened consumer demand, and remain competitive in a rapidly evolving market. Beyond these giants, niche retailers like PC Richard & Son leveraged “charm pricing” to create a perception of better deals.

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As Ecommerce Growth Continues, Retailers Turn ‘Steely-Eyed’ Gaze to Profitability

Retail TouchPoints

And among those retailers that have both ecommerce and brick-and-mortar operations, nearly half (46%) said that the former is less profitable than the latter. These challenges are a global phenomenon — the study reflects responses from approximately 300 retail decision-makers across seven global markets, including the U.S.,

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Joint Business Planning: Stronger Partnership Through Analytics & Automation

365 Retail

Retailers need certainty, too, but also need to respond quickly to changes in market dynamics while looking to achieve the best possible margin, tight stock management, and a good profit. Bringing AI into the mix can provide a view of the future, working with external market data to make predictions.