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Under Armour Q2 revenue dips as brand realignment continues

Inside Retail

Wholesale revenue fell 12 per cent, and direct-to-consumer sales decreased by 8 per cent, driven by a planned reduction in e-commerce promotions. Operating expenses decreased 15 per cent, and net income for the quarter was $170 million. However, the company’s gross margin improved by 200 basis points to 49.8

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Maximizing Profitability: How to Improve 4 Key Areas of the CPG Product Lifecycle

Retail TouchPoints

Consumer packaged goods (CPG) companies are obsessed with two things: maximizing revenue and minimizing operational expenses. More effective promotions. But for those promotions to accurately target the right consumers at the right time, CPG companies need data and analytics to better understand shifting consumer trends.

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The Cost of Inaccessibility: Businesses Lose More Than $6.9 Billion Annually

Retail TouchPoints

Moreover, it can bring an increase in operational expenses as well as higher legal risks. Increased Operating Expenses Inaccessibility can increase the operating expenses of businesses several times. Not using technical language and a promotional tone of voice. Adding the essential information first.

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Target, Macy’s and Dollar Tree Prep for a Tough Year Despite Holiday Success

Retail TouchPoints

We were competitive but measured in our promotions, took strategic markdowns and intentionally did not chase unprofitable sales. Dollar Tree’s outlook includes about $430 million in operating expenses across a number of investments, including plans to increase average wages by $2 per hour. “We

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CEO Anthony Heraghty discusses Super Retail Group’s half-year results

Inside Retail

The group has invested about $10 million in operating expenses into its personalisation offering, in order to launch new loyalty programs and personalisation offers using first-person data. “For us, that doesn’t create problems as the underlying demand is there. It’s just that the nature of the demand has changed.”

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Balancing Customer Loyalty in an Age of Growing Business Costs

Retail TouchPoints

Explain the effect of rising costs of raw materials, operating expenses and other factors impacting the business; Evaluate and minimize : Assess those products most sensitive to price hikes and prioritize them, minimizing upward adjustments on core/essential items that customers value the most.

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The UltimateShopper Sets New Standards: AI Theft Protection and Contactless Payment Integrated into the Shopping Trolley

365 Retail

Through Retail Media Strategies, retailers can display location-based and personalised purchase recommendations on digital signage, encouraging customers to engage with promoted products and generating additional revenue through supplier cashback schemes.