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Can innovation help Nike maintain its market dominance?

Inside Retail

The bad news was that company CFO Mat Friend admitted that Nike fell short of its plan, telling investors on its June 27 conference call: “We experienced meaningful shifts in consumer traffic in key markets – particularly in Greater China, where brick-and-mortar traffic declined as much as double-digits versus prior year.”

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Revolutionizing Customer Retention: The Rise of Digital Top-Up Cards in the Global Market

Retail TouchPoints

The global digital gift card market is expected to reach $724.3 billion by 2028, rising at a market growth of 14.2% The Brands that Benefit Brands across the spectrum, especially those in entertainment, telecommunications and retail, have capitalized on the flexibility digital top-up cards offer. In the U.S.,

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US House Panel Chair: Wider Chinese iPhone Ban Aims To Quash Apple’s Market Access

Retail Wire

China has expanded its ban on state employees using iPhones, which is viewed as an attempt to limit the market access of Western companies, according to U.S. He stated that this move reflects the Chinese Communist Party’s strategy of promoting domestic champions in telecommunications. House panel on China.

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Booktopia appoints Peter George as its new chairman

Inside Retail

George has extensive experience and background in telecommunications, media and corporate finance. Booktopia’s strong market position and loyal customer base mean it has huge potential for further growth,” said George. He has been executive chairman of Retail Food Group since 2018, a role he will continue to hold simultaneously.

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Bunnings, Kmart, Aldi are Australia’s most-trusted brands

Inside Retail

Telecommunications company Optus is once again the most distrusted brand, with Qantas in second place and Facebook/Meta in third. “Bunnings is the only ‘survivor’ from the top rankings of a year ago, in third at the time behind then most trusted brands Woolworths and Coles.

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Ron Johnson’s Enjoy Technology Files for Bankruptcy, Set to be Sold

Retail TouchPoints

The idea was to bring the store experience to consumers’ homes via a technology-powered “mobile store” operation, with an initial focus on telecommunications and consumer electronics ( AT&T and Apple are partners in the U.S.). Enjoy’s stock has steadily declined since its NASDAQ debut, from a high of $11 to $0.21 as of July 1, 2022.

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Target, Columbia Sportswear Join VP Harris’ Effort to Address Root Causes of Central American Migration

Retail TouchPoints

Approximately 47 companies and organizations are collaborating on the Call to Action across the financial services, textiles and apparel, agriculture, technology, telecommunications and nonprofit sectors to strengthen the region’s economic security. Among the companies that announced new commitments on Feb.