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Kogan reports first-half growth fuelled by strong holiday sales

Inside Retail

Kogan has returned to strong top-line growth in the fiscal first half, which was fuelled by solid holiday sales. The company reported gross sales of $492.5 On the bottom line, gross profit rose 18.3 million during the July-December period, a 10.3 per cent increase year-on-year. Revenue also grew 9.9 per cent to $272.7

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Walmart, Starbucks, Nike: Making sense of China’s latest retail sales numbers

Inside Retail

You have to wonder whether Mr Yu might have gotten a bit carried away this time and crossed a line, and certainly his new set of rules has drawn some ire on social media. China retail data: consistent consistency Mr Yus consistency has been lauded but, in some other areas, consistency should draw scepticism. per cent in December (4.2

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Black Friday footfall expected to rise +2%, as discounts unlock pent-up spending from bargain-focused, post-payday shoppers – RetailNext

Retail Focus

Black Friday is now an established festival of discounting, with many retailers offering up an entire month of discounting and some even starting Black Friday promotions as early as October,” Gary Whittemore, Head of Sales EMEA & APAC at RetailNext, commented. “But

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Alibaba falls short on sales, but profit exceeds estimates

Inside Retail

That has knocked retail sales, which are under pressure even as major vendors like Alibaba and JD.com dole out promotions and discounts. per cent rise in sales across all major e-commerce platforms, according to data provider Syntun. JD.com on Thursday also missed estimates for quarterly revenue. That resulted in a 26.6

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How poor planning is costing retailers sales – and profits

Inside Retail

If trained correctly by drawing on data from throughout the retail business and with external sources such as econometrics, search, and social media, AI-driven forecasts can deliver at speed and scale and are best when combined with judgemental forecasts where the business activates promotional or other demand-driving initiatives.

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10 Different Techniques to Try to Increase High-End Retail Sales

Retail Focus

Leverage Programs and Promotions Offer creative promotions to entice customers to buy. A recent example of this is Jimmy Choo’s Sailor Moon line. In Conclusion… These are just some of the techniques you can use to increase high-end retail sales. Make sure these people have an audience in your niche.

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Five retail leaders discuss how to deliver value in a spending slump

Inside Retail

Indeed, many retailers will happily say goodbye to 2024, a period when high inflation and interest rates remained persistent and an ongoing cost-of-living crisis crushed consumer sentiment to its lowest in 45 years, all of which resulted in anaemic national year-on-year retail sales growth. The bottom line?