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The Reject Shop plans more stores as sales surge

Inside Retail

Discount variety retailer The Reject Shop plans to open more stores this year to support sales growth and increase profitability. 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.

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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 move comes after Nike and Puma announced plans to stop the use of wildlife skins to make soccer cleats earlier this year.

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BMG brings Juicy Couture Kids, New Balance Kids, more big brands Down Under

Inside Retail

billion brand US Polo Assn, followed by childrenswear lines in the BMG portfolio, including New Balance Kids and Juicy Couture Kids. We have a straight line three-year strategy,” Jalil said. The strategy, which is all about keeping things simple, was placed on hold for three years due to the Covid-19 pandemic. “We

Balance 259
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Future-proof your retail strategy for the holiday season and beyond

Inside Retail

With sales expected to skyrocket, it’s crucial for businesses to start planning early to maximise this lucrative period. Let’s dive into the shifts expected to alter shopping for this year’s holiday season and explore additional winning strategies for retailers.

Strategy 278
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Retail’s returns challenge: How to balance customer demands and overheads

Inside Retail

She said that more than one-quarter of retail businesses polled in Shipstation’s latest research plan to increase delivery charges for customers this year, and 10 per cent plan to increase the cost of returns. link] “One is a multi-carrier strategy. Another strategy, she says, is to automate fulfilment.

Balance 234
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Cettire reports strong sales growth, plans to invest in new storefronts

Inside Retail

The company ended the half with a cash balance $55.5 The company’s web traffic increased by 80 per cent during the half with active customers increasing by 208 per cent to over 208,700 reflecting the brand’s customer acquisition and retention strategies.

Planning 243
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The Merchandise Planning balancing act has never been more tippy

Inside Retail

An increase in volatility in any one of these variables would be troublesome for a retailer, but when all six are in play it makes for a perfect planning storm. The implications of this for a retailer’s bottom line, and their balance sheet, are enormous and quickly becoming the single biggest issue facing the industry today.

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