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The Reject Shop plans more stores as sales surge

Inside Retail

Fisher added that the company’s balance sheet remains strong, with $49.9 The store openings are part of the strategies to improve sales and gross profit margin in FY25, said CEO Clinton Cahn. According to chairman Steven Fisher, the discount variety sector presents a significant opportunity for growth over the medium to long term.

Planning 278
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Robots in retail: Balancing automation with the human touch

Inside Retail

On the other hand, if workers feel sidelined by machines that are overstepping into areas requiring human judgement, it can foster a sense of displacement and fuel disconnection to their purpose for work. This is a key competitive advantage over other retailers right now.

Balance 130
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Myer’s strategic moves suggest the future of retail is consolidation and loyalty

Inside Retail

Under Wirth, Myer has hopefully redefined its strategy, streamlining operations for a balanced omnichannel approach,” Nick Gray, the founder of I Got You Consultancy, told Inside Retail. In his view, successful brands are those that answer the customer’s question, or in other words, meet the customer’s demand. “If

Apparel 252
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Day two at NRF: Pattern Beauty, Tommy Hilfiger and the power of storytelling

Inside Retail

Im 52, but thinking back to when I was younger I could probably count on one hand the number of women out in the world, other than my mother [singer Diana Ross] who wore their natural hair texture. This is not an insignificant task considering New Balance has business in over 150 countries across the globe.

Pattern 289
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AI-powered inventory: The smarter way to balance stock and boost sales

Inside Retail

Managing inventory in hard goods retail is a constant balancing act. Example: A national home appliance retailer struggled to balance stock between stores and online. Generate predictive and prescriptive insights: AI suggests stock redistribution strategies and alternative sourcing options.

Balance 130
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Ksubi CEO Craig King talks store expansion and retail growth strategy

Inside Retail

We recently spoke with CEO Craig King about his strategies for navigating economic challenges, the role of physical stores and tips for driving international growth in 2025. How did the macroeconomic environment affect Ksubi in 2024, and what strategies did you deploy in response? Rarely do they tick both boxes.

Strategy 130
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New Balance follows Nike, Puma in phasing out kangaroo skins 

Inside Retail

Athletic giant New Balance has altered its sourcing policies, aiming to phase out its use of kangaroo skins and halt sales of kangaroo-based shoes by next December. The Center for a Humane Economy has also pressed other brands, including Japan-based Mizuno, to discontinue the use of kangaroo hides in their products.

Balance 264