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How Temple & Webster plans to use AI, private labels to reach $1b in sales

Inside Retail

Temple & Webster also has plans to achieve $1 billion in annual sales within the next three to five years. It plans to increase its brand spend in the upcoming financial year. However, in this macroeconomic environment, customers are particularly responsive to a high-value offering. “We

Planning 246
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How retailers can thrive amid inflation: Strategies for the holiday season

Inside Retail

Events like Black Friday have already pulled forward holiday spending, leading to a longer, more consistent sales period, including the Halloween shopping event, which now exceeds more than $450 million in sales in Australia. Retailers need to leverage this trend to prepare for an earlier holiday season.

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Tesco to open over 150 Express stores in next 3 years

Retail Gazette

Tesco is planning to open over 150 Express convenience stores in the UK over the next three years as it ramps up expansion plans. Just last week, the retailer ramped up its value offering in its convenience stores by cutting the price of more than 200 own-brand and branded products, including milk, bread, pasta and coffee.

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What’s in Store for Grocery in 2022?

Retail TouchPoints

Grocery shopping experiences will become more specialized. To retain their customers, grocers will provide unique and personalized online shopping experiences that foster customer loyalty — or else go out of business. Mobile commerce will define the next evolution of grocery shopping.

Grocer 321
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Best of 2024: Clintons new owner’s plans for the card retailer that refuses to fold

Retail Gazette

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 value offer resulted in the retailer losing its grip on the industry.

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What does Barry Williams’ return mean for Poundland?

Retail Gazette

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.

Returns 112
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Has John Lewis Partnership finally turned a corner with its ‘refreshed’ turnaround plan?

Retail Gazette

John Lewis appeared to backtrack on Dame Sharon White’s original turnaround plan as CEO Nish Kankiwala vowed to focus “unashamedly” on retail after the partnership posted its first profit in four years. We’ve secured the funding we need for the four years of the plan.

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