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Online furniture and homewares retailer Temple & Webster has partially recovered from the significant losses that occurred during the first half of the 2023 financial year, and is focusing on its private labels, AI technology and value proposition to drive growth and market share over the next three to five years.
With Pepco set to reveal its grand plan for Poundland on its Capital Markets day on 6 March, Retail Gazette takes a look at what Williams may have up his sleeve and what’s next for one of the high street’s much-loved retailers. Pepco has also put a pause on the retailer’s expansion plans for the year.
Outfits like GoPuff, Gorillas and 1520 took the grocery market by storm in 2021, offering a limited menu of consumables, delivered to your door in an incredible 30 minutes or less (and commanding multi-billion dollar valuations in the process.) So what changes should we expect to see in 2022? Here’s my take: 1.
At its peak, it was the clear greetings card market leader with over 1,000 stores and a presence in almost every major British town, but a n influx of internet rivals alongside the growing popularity of Card Factorys valueoffer resulted in the retailer losing its grip on the industry.
The cuts impact several head office management roles, management in Tesco Mobile phone shops and staff at its in-store bakeries, where it plans to move away from scratch baking. It comes as the grocery giant reported its biggest ever Christmas earlier this month as it achieved its highest market share since 2016.
rise in like-for-like sales over the golden quarter as its turnaround plan continues to bear fruit. The department store retailer saw UK sales surge to £3.6bn in the 13 weeks to 30 December, driven by market-leading growth in food and a strong performance in womenswear. M&S saw food sales rocket 10.5% to £2.3bn, up 9.9%
Marquee Retail Group, the parent company of Colette by Colette Hayman (CBCH) and The Daily Edited (TDE), is aiming to expand its market share through acquisitions and expansions. In an interview with Inside Retail , he discussed how CBCH and TDE are rebounding following collapse, as well as his plans to expand in the years to come.
This transition, coupled with the ongoing impact of the global pandemic, has necessitated a re-evaluation of strategies and approaches for businesses seeking to thrive in this evolving market. The convenience, variety, and valueoffered by online platforms presents a compelling proposition for consumers.
The chain’s valueoffer and rapidly expanding store network in recent years saw it overtake Morrisons to become the UK’s fourth largest supermarket in 2022. According to Kantar’s, Asda’s hold on the market has plunged dropping 1.2 However, this is not hampering the discounter. percentage points to 12.6%
Metcash’s IGA-adjacent value supermarket Supa Valu, which launched almost a year ago , has seen an increase in foot traffic in recent months as customers continue to look around for the best value. “In While abundance is part of the plan for its stock, it isn’t for taking this approach to its stores.
She adds:“The failure of its GM and clothing range has likely been due to a lack of marketing and the popularity of well-established value clothing ranges in the UK from the grocers and Primark.” Pepco has also put a pause on the retailer’s expansion plans for the year.
Increasing the current price will impact your entire team, so make sure you notify everyone from sales reps and digital marketing to the customer service team and support staff. Don’t let your loyal customers learn your plan to increase prices from anyone but you. Template If You Plan to Raise Prices.
At its peak, it was the clear greetings card market leader with over 1,000 stores and a presence in almost every major British town, but a n influx of internet rivals alongside the growing popularity of Card Factory’s valueoffer resulted in the retailer losing its grip on the industry.
The company plans to further invest in its digital infrastructure and explore new market opportunities. It aims to continue its expansion into the convenience food sector and strengthen its position in the clothing market with innovative and fashionable product offerings. M&S also announced a dividend of 9.8
According to Kantar, the upmarket grocer gained market share for the first time in over two years in July, as it nudged up 0.1 It spent £39m on price cuts in the half to bolster its valueoffer and win back the customers it lost as shoppers sought cheaper groceries elsewhere amid the cost-of-living crisis.
The chain’s valueoffer and rapidly expanding store network in recent years saw it overtake Morrisons to become the UK’s fourth largest supermarket in 2022. According to Kantar’s, Asda’s hold on the market has plunged dropping 1.2 However, this is not hampering the discounter. percentage points to 12.6%
Conduct thorough market research and gather data on your target audience to gain insights into their needs and wants. Additionally, involving retailers in the planning process can also help you identify any potential challenges and find solutions together. Utilize social media and influencer marketing.
We have made significant enhancements to our private brands in 2023, and we know how important these valueofferings are for our customers,” said Emily Taylor, executive vice president and chief merchandising officer at Dollar General. “We mass retailer or grocer.
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