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Forget omnichannel, it’s all about unified commerce

Inside Retail

Retailers are grappling with ever-multiplying channels, and managing disparate touchpoints while trying to create a seamless, excellent omnichannel experience. This is a comprehensive approach that extends beyond online sales to encompass various critical aspects of retail operations, with inventory management and pricing at its core.

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Victoria’s Secret launches online store in Australia

Inside Retail

Global intimate specialty retailer Victoria’s Secret, has expanded its presence in Australia with the launch of an e-commerce beauty store. The online store, which opened today, will house a range of products including fragrances, beauty and body care lines, accessories, pajamas, and the Pink beauty collection.

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Consolidation and live shopping: Four e-commerce trends to watch in 2023

Inside Retail

This has already started unfolding in the Australian market, which has historically been much more supportive of specialty retailers. In Australia, the battle lines between marketplace and direct-to-consumer (DTC) were drawn, and now, the battle has been won. Multichannel e-commerce experiences.

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Analysis: Myer’s latest trading update raises key question about Premier deal

Inside Retail

The merger proposal could potentially bolster Myer’s loyalty programs, generate sales growth with possible international opportunities online, if not in bricks-and-mortar, and add expertise in specialty retailing.

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Suburban shopping strips are struggling, but they still have time to evolve

Inside Retail

The fall in retail vacancy levels from late 2022 and March of this year, after the Covid lockdowns were lifted, are likely to creep up again in the prevailing economic conditions, and vacancy rates in CBD retail precincts continue to be impacted by low office occupancy.

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All Point Announces New Managed Retail Commerce Solution

VMS

(PRESS RELEASE) SARASOTA, FL – All Point, a specialty retail IT solutions company, has announced its Managed Retail Commerce offering, a new service that helps maximize the potential of unified commerce for retailers. That is true managed retail commerce.”.

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7 Costly Mistakes to Avoid in Retail

Compliantia

All the while, retail profit margins are shrinking. According to data from CSI Market , the specialty retail sector’s profit margins sat at 35.55% in the first quarter of 2021, down from 36.01% in the previous quarter. . Time management is, therefore, a crucial skill that every retailer needs to possess in order to succeed. .