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New Kohl’s CEO Lays Out Turnaround Strategy Following Disappointing Q4

Retail TouchPoints

Adjustments to the companys selection of national brands and promotional strategy also are underway. We’re in the process of reversing some of these exclusions to simplify the experience and allow our customers to shop with our promotional coupons more consistently.

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How to build a bricks-and-mortar store that attracts and retains customers

Inside Retail

Some of them are tried and true, such as store layout and design, customer service and convenience. Others are more novel, such as experiential retailing, retail greening, and collaborative marketing. Regularly conduct audits of the store to see what is working and what requires improvement. Don’t waste this opportunity.

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The 9-Month Gap: Why Retail Display Execution Often Falls Short of the Plan

Wiser

In the consumer-packaged goods (CPG) industry, seasonal retail displays are planned months in advanceoften 8 to 9 months before they hit store floors. Brands like Haribo, General Mills, and Nestl lock in Halloween promotions in Q1, ship mid-summer, and expect execution by late summer. Market conditions evolve.

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Why Secure, Reliable Connectivity is Mission-Critical for Retailers

Retail TouchPoints

Reliable connectivity helps ensure that in-store and online systems remain synchronized, allowing for real-time inventory visibility, accurate stock availability and personalized promotions based on purchase history and preferences. Connectivity that is application-centric also plays a crucial role in optimizing customer experiences.

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Unlocking Retail Growth: The Power of Network Analytics for Strategic Insights

Retail TouchPoints

This capability enables retailers to understand their current operations, anticipate future trends and adapt strategies accordingly, ensuring they remain agile and responsive to the ever-changing market demands. Furthermore, understanding customer interaction with merchandise helps tailor personalized marketing strategies.

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

Inside Retail

The Chinas department stores report 2024-2025 by HKUST Li & Fung Supply Chain Institute and China Commerce Association for General Merchandise provides a look into how forward-thinking players are redefining their relevance by shifting away from traditional retailing and embracing a more immersive, service-oriented and culture-led approach.

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How Rising Prices Shape Consumer Behavior

Retail Focus

Furthermore, e-commerce relies on data to quickly modify pricing strategies in response to market conditions. In order to counteract the rising costs of their products, a lot of online stores use transport strategies like free shipping levels or membership programs that encourage larger, less frequent orders.

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