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2019 vs 2020 vs 2021: How has Covid impacted Christmas?

Inside Retail

If you cast your mind back to 2019, Christmas was business as usual. “E-commerce It’s kind of elongated and stretched out,” noted Adam Ioakim, managing director, APAC at Emarsys. In November, consumers became aware of global supply chain issues, spiking fear into them that Christmas shopping may be a major challenge.

Gifts 246
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BNPL: It’s been a hit for consumers and now businesses get their turn

Inside Retail

Buy now pay later (BNPL) services have quickly become commonplace for consumers. Company reports for ASX-listed BNPL providers outline that the value of BNPL transactions grew by 55 per cent in 2019-20 , and in the last two financial years, BNPL transactions have tripled. Get paid faster and better manage your cash flow with Spenda.

Consumer 246
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Suppliers: How to get your retail business customers to pay you quicker

Inside Retail

Options such as buy now, pay later (BNPL) services were first introduced to business to consumer (B2C) transactions, giving customers the ability to access products and services they need today while paying at a later date or over a series of instalments. . Flexible payments will improve your cash flow management. Boost cash flow.

Flow 355
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Fashion label Nique enters voluntary administration

Inside Retail

In what is an extremely difficult time for all management, staff and suppliers – we are currently exploring all options available to maximise the value of the business, stock and IP given the perceived value of the well-established and leading brand name,” Howlett said.

Fashion 278
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Myer’s latest trading update is a testament to putting the customer first

Inside Retail

It’s no secret that consumer-facing retail has had a tough year trying to stay price-competitive for customers. Our focus remains on seeking to drive further and sustainable cost efficiencies and inventory management,” he added. While some industry experts are saying that Myer’s optimistic take on its 0.1

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Woolworths resurrects Healthy Life with launch of digital wellness destination

Inside Retail

After quietly acquiring the Healthy Life business in 2019, following the closure of all stores, Woolworths has focused on reviving the business with an unparalleled digital offering. Despite launching an e-commerce site and new look stores in mid-2018, the Healthy Life franchise struggled to make an impact on consumers. Booming market.

Consumer 246
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Bain Capital sells Boost Juice, Betty’s Burgers parent

Inside Retail

Upon completion of the deal, Retail Zoo’s new investment partner will own a majority of the business and partner with the existing management team led by Nishad Alani, CEO of Retail Zoo. “We The investment company was considering listing the Retail Zoo business from 2019 before Covid-19 put that plan on hold.

Expansion 279