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Recalibrating social media Retailers might not be seeing a return on investment from Meta and Google because theyve let ads become their entire marketing strategy instead of what they should be an accelerator, according to co-founder of digital agency Ecom Nation Mal Chia.
The Reject Shop says its new merchandise strategy is showing positive results. FY24 is the first full year the strategy has been “meaningfully” deployed and the discount retailer achieved annual comp-store sales growth of 2.7 per cent and overall sales growth of 4.2 During the second half, comparable store sales rose 3.3
Here are three key strategies Adidas is using to keep its stock in check. RFID for us is a key enabler for driving efficiencies in the stores, Andreas Bierlmeier, senior director of tech management at Adidas, said in an exclusive interview with LS Retail. We use it in over 1200 stores across more than 30 countries.
While sales might be up for brands that adopt a high/low pricing strategy like JB HiFi, their bottom line isn’t looking so rosy. Going all-in on EDLP In its purest form, prices don’t fluctuate within an EDLP strategy. If you’re a small retailer, this likely isn’t going to be the strategy for you. EDLP not for you?
Explore how advanced search, content management, and payments integrations can give business users on Salesforce B2C Commerce greater control and agility, accelerate your digital roadmap, improve your site speed, and enhance your customer experiences.
James Guerin, strategic partnerships manager at Klaviyo, says that post-purchase, personalised emails have an open rate considerably higher than for regular email communications, underlying the importance of maintaining communication throughout the customer journey. queries, saving retailers time. Start your free trial today!
The Reject Shop’s low-cost operations combined with the ongoing success of its merchandise strategy are intended to set the retailer up for success despite macroeconomic conditions. Our positive sales and customer trends suggest the strategy is resonating well with both our existing and new customers,” she added.
But many brands are simply copying and pasting their millennial marketing playbook for the next generation, according to Ypulse senior content marketing manager Anastasia Pelot. The post Why retail needs a whole new strategy to target Gen Z appeared first on Inside Retail Australia.
Fashion retailer H&M has launched its refurbished flagship store at Pitt Street in Sydney, coinciding with the appointment of Anna Baldwin as the new country sales manager for Australia and New Zealand. The post H&M names new ANZ country manager, opens refurbished Sydney flagship appeared first on Inside Retail Australia.
The Get MACH Ready report, co-authored by MACH Alliance member Scott Canney in collaboration with Orium, commercetools, and Contentstack, will provide you with strategies to prepare your organization for a digital transformation.
For Phoebe Netto, managing director of Pure Public Relations, this speaks to the new type of retail consumer that is changing how brands show up in the marketplace. The post What brands can learn from the Béis Wash marketing strategy appeared first on Inside Retail Australia. Brand fans are one level above a regular customer. “The
In todays competitive retail landscape, customer insights play a crucial role in shaping business strategies and enhancing the overall shopping experience. Inside Retail spoke with Officeworks’ general manager of customer and online Jessica Richmond about how the big-box retailer integrates customer feedback into decision-making.
Thats according to David A Shore Doctor of Philosophy, Education/Strategy, Southern Illinois University. Change requires empathy and understanding for individuals and teams to manage the emotional rollercoaster it can create. Five simple starts to help manage change Link purpose, vision and values.
At first, this strategy appeared super promising. The strategy of courting only the ultra-luxury segment proved limiting, as Burberrys core audience those who valued the brands British heritage and iconic outerwear, began to feel alienated and left out of their equation. But cracks soon appeared.
Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. You’ll gain insights into: 📦 Smarter Fulfillment Workflows: Manage diverse product categories, from fast-moving goods to custom furniture or bulk items. Save your spot today!
However, as AI-powered platform Blue Yonder’s Brett Egglestone, senior director – retail industry strategy, advises, it does not matter what time of the year it is: your customers always expect the same level of service. Blue Yonder has identified five common challenges to cover in your peak season strategy… 1.
The reported closure of Microsoft’s brick-and-mortar stores managed by authorised retail partners in China has raised questions about the tech giant’s strategy in the world’s second-largest economy and whether the move is counterintuitive when the market’s consumer electronics sector has seen a sign of recovery.
Ray David, a portfolio manager at Blackwattle Investment Partners, told The Australian Financial Review that Woolworths’ New Zealand supermarkets had not performed well, with earnings down 57 per cent in the year ended June 30. “We The company has so far expanded to 200 locations in the country.
AI image recognition FMCG is a technology that transforms how brands manage shelves, track inventory, and understand their consumer behavior. Enhancing Shelf Management with AI Shelf management is critical for retail success. Poorly managed shelves lead to lost sales, frustrated customers, and damaged brand reputations.
Speaker: Jennifer Hileman - Director, Retail Data & Technology at Orium, and Zach Ettelman - Solutions Partner Team in North America at Talon.One
The holidays are the perfect time to redefine and reimagine your retail strategy, as modern customers are being re-engaged through creative retention tactics. Mastering Loyalty in Modern Retail: Explore the art of loyalty and promotional strategies that engage today’s shoppers.
“He is an accomplished retail leader and brand manager, with significant experience across e-commerce, retail operations, private label development, product management, loyalty, as well as marketing and communications strategy,” Go added.
The strategy is for franchisees to break even without having to do 2000 covers on a weekend and school holidays,” he says. Hog’s Breath growth strategy “The fact we are here shows the real power of the name in the market. Under the previous management the brand got confused and we lost our way.”
Unlike traditional franchising or direct management models, Cotti Coffee has adopted an innovative partnership approach,” Yingbo Li, chief strategy officer at Cotti Coffee, told Inside Retail. In January, we unveiled our human-robot collaboration strategy, which involves scaling up the use of commercial robots in stores worldwide.
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.
We get that running a business is a constant juggle, and managing cash flow can be tricky. U nderstanding your cash flow: The key to control Before diving into specific strategies,lets take a quick detour to Cash Flow 101.Cash Inventory management software or a simple forecasting system can be a valuable tool to manage this.
Antonius said “I’m honoured to have the opportunity to lead Chatime into the next phase of growth, and I look forward to executing our growth strategy and collaborating with the board, our leadership team, and our partners to realise our brand’s full potential.” Chatime will identify new markets and develop go-to-market strategies. “We
The store openings are part of the strategies to improve sales and gross profit margin in FY25, said CEO Clinton Cahn. The company is investing in other initiatives across the business, including in supply chain, technology, infrastructure and warehouse management, he added. million in cash and no drawn debt as of June 30.
Adore Beautys earnings more than doubled in the fiscal first half, which management says reflects the early phase of the companys growth strategy. The companys earnings before interest and taxes (EBIT) for the six months ended December 31 jumped 118 per cent to $2.7
The spokesperson confirmed that David Jones CEO Scott Fyfe and his management team will remain on board and that Anchorage will support the retailer’s ongoing turnaround strategy, known as Vision 2025+. Fyfe said that he and the Anchorage team see many opportunities to optimise value and innovation in the David Jones business.
Elijah Etri, Skippy’s Fresh Frootz manager at Victoria Point, Queensland, has started a new Tiktok challenge, encouraging viewers to head into their local supermarket and check the prices of comparable produce and products. Private-label brand sales account for 18.1 per cent overall of all FMCG retail sales.
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. But it’s not all about size, Premier’s Apparel Brands’ omnichannel strategy and customer connection align with Myer’s approach to loyalty.
As the Black Friday 2024 shopping frenzy approaches, Australian retailers are gearing up for their biggest challenge yet – managing skyrocketing demand while staying efficient. By adopting automation in areas like supply chain management and customer service, Australian retailers can meet rising global demand and secure long-term growth.
Divisions that were previously run separately, including Woolworths Supermarkets, Metro Greenstock and Woolworths Food Company Retail, have been united under a new banner, Woolworths Retail, led by managing director Annette Karantoni.
Four major investment funds (Cooper Investors, Hyperion Asset Management, Firetrail Investments and QVG Capital) have joined the GYG shareholder register. Investment will boost growth strategy The proceeds of the raise will support GYG’s three-year growth strategy.
Let’s unpack three trends to get a snapshot of the powerful delivery strategies top retailers are using in 2024… Same-day delivery: from ‘nice-to-have’ to necessity This year, speedy delivery has become essential. In fact, 33.7 Staying agile with delivery options is key. How can retailers keep up in 2024?
Earlier this month, Desigual partnered with Melbourne-based brand management firm O’Rourke Showroom to unveil its spring-summer collection, further expanding its retail distribution in Asia Pacific. IR: Could you elaborate more on the expansion strategies in this market? IR: Does the retail strategy change depending on the market?
Retail billionaire Solomon Lew has announced plans to spin off two major brands Peter Alexander and Smiggle from his public company Premier Investments next year, as part of a global expansion strategy. The Lew family will retain major shareholdings in Smiggle and Peter Alexander. Premier Investments posted net profit after tax of $177.2
Inside Retail spoke to Fenske to unpack her view on managers versus leaders, how her leadership style has evolved with time and experience and why she continues to reinvest in her professional development. IR : Being a manager and a leader are two entirely different roles. But our store managers lead larger teams than most people.
As global CMO of the popular Australian beauty brand Go-To Skincare, Faddy compares her leadership approach to conducting an orchestra and believes it’s important to ‘manage up’ and know what’s important to the board members and CEO. I let data validate my assumptions rather than dictate the strategy.
Inside Retail spoke with Travis Liddle, Pandora Australia and New Zealand’s general manager to discuss how aligning with global fashion events will help the brand shift consumers’ perception of Pandora as a full jewellery brand, not just a maker of bracelets and charms. IR : In your words, can you describe Pandora’s ‘Phoenix’ growth strategy?
7-Eleven Pay & Go tech speeds up payment processes Stephen Eyears, 7-Eleven Australia’s general manager-technology and strategy, said speedier shopping is the goal. My 7-Eleven app customers will receive an automatic app update and need only to accept the updated terms and conditions.
Two dedicated sessions delved into analyses from international investors, highlighting their views and strategies in an evolving environment. Investors are returning to the market with growing volumes, particularly in Southeast Europe and the UK, adopting an opportunistic strategy centred around winning concepts.
Inside Retail: Do you have any personal strategies to foster a healthy work-life balance? IR: What does a typical day look like for you, and can you discuss how you manage the day-to-day grind? IR: How do you manage to find that sweet spot in terms of balancing day-to-day tasks and working toward achieving long-term goals?
“We will continue to focus on tightly managing our costs as we execute our strategy scorecard commitments to deliver value for shareholders.” ” The post Endeavour Group’s net profit slips despite higher sales appeared first on Inside Retail Australia.
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