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How retailers can thrive amid inflation: Strategies for the holiday season

Inside Retail

Analysts suggest that while a cut seems probable in the first quarter of next year (hopefully before Easter anyway), it’s uncertain how quickly any rate reduction will trickle down to impact retail sales. Retailers need to leverage this trend to prepare for an earlier holiday season. points in September.

Strategy 130
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Why the effort to shake up Endeavour’s board is rooted in the past

Inside Retail

Indeed, it is rather odd that the billionaire Bruce Mathieson Snr would have backed Wavish to shake up the Endeavour Group board and rejig its business strategies. Endeavour Group’s sales for the latest financial year were up 2.5 Sales have increased by around $1.5 per cent fall in retail sales to $3.61

Expansion 246
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Luxury Retailers Eye Smaller Cities

VMS

Once almost solely concentrated in major retail cities, luxury retailers are changing their location strategies due to new patterns of living and working, Frame reports. In 2021, retail sales there ranked third in China, and as many as 169 global brands arrived in the city, says the local commerce commission.

Jewelry 97
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Elements of retail strategy – Retail like-for-likes bounce back after Brexit

Barber Design

Following a post-Brexit slump in consumer confidence which caused a corresponding slump in like-for-like sales, BRC-KPMG sales monitor report that sales have rebounded during July. In the first full month since the EU referendum result, like-for-like retail sales jumped by 1.1% Promotion-driven retail strategy.

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Why consumer spending in one retail category is outpacing all others

Inside Retail

As retailers gear up for peak season, many are fine-tuning sales strategies as shoppers’ spending capacity and preferences change. However, behind the headline numbers sits a range of spending patterns. For example, general retail recorded the strongest growth among discretionary categories, rising by 5 per cent.

Other 147
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Tips from a travel retail expert on tapping into passenger demand

Inside Retail

To say that the Covid-19 pandemic disrupted the retail industry would be an understatement. However, with international borders open again, and everyone seemingly heading to Europe in recent months, the travel retail market is booming. per cent ove overall sales.

Location 130
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Retail in 2024: Adaptation and Opportunities in an Ever-Changing Environment

CAAD

The retail industry is undergoing a transformation in the first half of 2024, addressing challenges that demand agile adaptation to new trends , especially since the COVID-19 pandemic. growth in retail sales , the highest increase recorded in the European Union.

Pattern 52