This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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.
Australian specialtyretailer Dusk, has reported poor sales based on unaudited management accounts for the first half of the financial year. In a trading update, the company said sales fell 12 per cent to $80 million compared to $90.9 million in the first half of FY21 and $59.6 million in the first half of FY20.
Japanese retailer Uniqlo is investing heavily in radio-frequency identification (RFID) technology to accelerate supply chain efficiencies, with an ambition to embed RFID into its global product range, facilitating improved inventory management and the customer self-checkout experience.
The pandemic had of course hit the retail market in Singapore with movement restrictions for the last two years, and the management saw this an opportune time to recalibrate and refresh its retail offerings. The post Revealed: Raffles’ strategy to lure back in luxury customers appeared first on Inside Retail.
“Pelo malo”, or “bad hair”, is a term used in various Latin American communities to refer to hair that is curly and “hard to manage” However, Magdaline Hurtado knows that hair types like her own aren’t more “difficult”, they are just not catered to.
Aussie retail giant Barbeques Galore has just beefed up its team, welcoming on board Steve Gardner as general manager, retail and Rosie Alford as general manager, product. Gardner previously led the product team at the retailer and in his new role he will be overseeing the company-owned store network.
Marie Driscoll, a chartered financial analyst and a professor at Parsons, The New School and the Fashion Institute of Technology, told Inside Retail that the deal was inevitable considering the current state of US department stores. “The
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 specialtyretailing.
26, the same figure the struggling retailer said it expected to post in a business update it issued last week. That update also said there is “substantial doubt” the specialtyretailer can continue operating, but the latest release did not include that phrasing. (Union, N.J.)
Australian specialtyretailer 99 Bikes has announced its B Corp certification as the business continues to backpedal from its $12.4 I started as general manager of Advance Traders in October 2008,” Garnsworthy added. million loss in FY23 after a $23.7 million profit the year prior.
and in the process laid waste to untold numbers of local independent and specialtyretailers as well as mid-sized regional chains. In 2024 the company also began raising both starting wages and store manager compensation levels in its stores. The company opened hundreds of Supercenters across the U.S.
26, the same figure the struggling retailer said it expected to post in a business update it issued last week. That update also said there is “substantial doubt” the specialtyretailer can continue operating, but the latest release did not include that phrasing. (Union, N.J.)
All the while, retail profit margins are shrinking. According to data from CSI Market , the specialtyretail 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. .
To be competitive in today’s market, brands need to think about how they will drive product sales across all channels, as well as how they will manage customer data and marketing activities. They must also keep in mind the cost associated with setting up multiple storefronts and managing them daily.
Specialtyretailers such as Gap, Guess, Limited, Benetton, and Esprit began to offer their own brands. In the ’90s, cutting-edge technology revolutionized retail with computer-aided design and manufacturing, and electronic purchasing and replenishment. and an employee-led takeover of Macy’s was completed. At Federated Dept.
For an all too brief period, the Alceon investment house achieved its ambition to be the largest womens fashion specialtyretailer in Australia. The only problem was the nine retail brands trading from around 1350 stores were a house of cards with a flawed investment play without retail smarts. W Lane and BeMe brands.
One of Australia’s oldest retailers, Harris Scarfe , has traded continuously for 175 years. Here, we speak with CEO Graham Dean about the challenges of scaling a business at the right pace, the importance of a consistent growth strategy and how global department stores can compete with specialtyretailers.
We organize all of the trending information in your field so you don't have to. Join 29,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content