Retail Gazette

APRIL 22, 2024

Chief executive Matthew Moulding said: “Beauty delivered double digit growth in the quarter, with a high quality, loyal customer base bringing greater profitability per order across a more efficient cost base.” ” Click here to sign up to Retail Gazette‘s free daily email newsletter

Returns 107

Returns ATS 107

Retail TouchPoints

JUNE 3, 2022

However, any retailer looking to make the most of its ad spend will need to contend with fraudulent clicks from adversaries such as bots. The retailer has partnered with Edgemesh , tapping the solution provider’s Ad Protect to help combat click fraud, ad fraud and bot networks. “If Efficiency is crucial in 2022 more than ever.

Jewelry 257

Jewelry Advertising Accounting Returns 257

Retail Gazette

MARCH 21, 2024

A letter written to warehouse workers from the grocer’s online director Laura Burbedge claimed the lease on the building was set to expire in 2025, and that “while exploring contract negotiations with the landlord is possible… we know our rent costs at Enfield will increase”.

ATS 111

ATS Grocer Fulfillment Planning 111

Retail Gazette

JANUARY 25, 2024

The employee-owned retailer told partners this week it was halving its current two-week redundancy pay per year of service policy as it was “higher than typical market practice and comes at a very high cost”. Click here to sign up to Retail Gazette‘s free daily email newsletter

ATS 117

ATS Planning Marketing Management 117

Inside Retail

OCTOBER 4, 2021

Christmas is coming early for retailers, with Australians preparing to spend $11 billion on Christmas gifts and a staggering 80 per cent expected to purchase before December, figures from Roy Morgan show. However, as sales commence, 70 per cent of Black Friday customers made their purchase within 24 hours of accessing retailer sites.

Marketing 238

Marketing Planning Consumer Shopping 238

Retail TouchPoints

FEBRUARY 8, 2023

This means brands will now pay more for the same number of clicks, views and impressions. Large retailers may be able to offset this cost with little to no impact on their bottom line; however, small to mid-sized brands may not be so lucky. Meta’s CPM increased by 61% YoY , at an average of $17.60. in Q1 of 2021. In fact, 42.7%

Advertising 242

Advertising Customer Retention Marketing Consumer 242

Retail Gazette

DECEMBER 15, 2023

per hour from April 2024, making it almost a 10% hike. The news means businesses will pay full-time workers around £1,800 extra per year. However, Baldock said the move meant high street retailers like Currys, which are also braced for a business rates rise, face significant pressure. .”

Planning 105

Planning ATS 105

Inside Retail

APRIL 26, 2024

Key measures include a ban on advertising for cheap textiles and an environmental charge on low-cost items. According to Roy Morgan data, the attitude of Australian consumers is shifting towards the circular economy with 34 per cent of Australians both buying and selling second-hand items. My shopping addiction is depending on it.

Fast Fashion 162

Fast Fashion Fashion Payment Services Shopping 162

Retail TouchPoints

APRIL 19, 2022

The latter is among their largest costs — because of ad fraud. Ad fraud is a collection of tactics that fraudulently represent online advertising impressions, clicks, conversion or data events in order to generate revenues for publishers or exhaust advertising budgets for competitors. The problem is bigger than most retailers realize.

Advertising 268

Advertising Marketing Location Planning 268

Retail Gazette

NOVEMBER 16, 2023

The British Retail Consortium is one of several groups urging the chancellor to freeze business rates to protect the future of the high street. It added that the cap on the relief scheme should be brought to at least £2m per business, otherwise retail and hospitality will be hit by a £750m and £630m bill respectively.

ATS 111

ATS 111

Inside Retail

MAY 16, 2023

Target US is making shopping easier for customers with the option to make product returns right from their cars at no extra cost. According to data from Euromonitor, click-and-collect grew from 6 per cent of overall e-commerce sales in the US in 2019 to 11 per cent in 2022.

Returns 130

Returns Drop-Shipping Customer Experience Shipping 130

Inside Retail

SEPTEMBER 27, 2023

When you think of party supply stores, high-tech isn’t the first thing that typically comes to mind. While high-tech prospects with great promise tend to come and go in the retail sector, the trial is set to provide key insights into the potential and viability of AR mirrors.

Dead-Stock 259

Dead-Stock Checkout Fulfillment Shopping 259

Inside Retail

NOVEMBER 15, 2021

With retailers rapidly scaling up click-and-collect offerings during pandemic lockdowns, a fascinating new trend has emerged. Click-and-collect – often known as ‘buy online, pickup in store’ (or BOPIS) – has escalated in popularity as a fulfilment option. The growth of click-and-collect. Continued convenience after Covid.

Fulfillment 130

Fulfillment Shipping Consumer Returns 130

Retail Gazette

JANUARY 22, 2024

Virgin Wines profit soared in its first half as it more than doubled margins thanks to “stringent” cost management. ” Click here to sign up to Retail Gazette‘s free daily email newsletter . ” Click here to sign up to Retail Gazette‘s free daily email newsletter

Value Offer 64

Value Offer Management Consumer 64

Inside Retail

FEBRUARY 18, 2024

Some of the most high-profile sales included: reality star Jonathan Van Ness’ haircare line JVN, which sold for US$1.25 Reliance on online marketing to drive gross sales has a non-win outcome, given the high cost ratio of clicks to product value that, pre-Covid, made sense but now isn’t as viable,” Widdison added.

Consumer 130

Consumer Marketing Returns Planning 130

Retail Gazette

JULY 21, 2023

The service, which costs £9.95 per delivery, has proved most popular for fashion and home accessories, according to the high-street staple. We know that our Click & Collect service offers real convenience to our customers so we are delighted to be Partnering with Dobbies Garden Centres to launch 72 new locations.”

Accessories 98

Accessories Fulfillment Fashion Location 98

Retail TouchPoints

MARCH 1, 2023

Hit the Jackpot with High-Impact Video Digital video remains one of the best mediums for driving mass awareness across industries, and lotteries are no different. Adding prominent calls to action within video-driven experiences can also encourage lottery intenders to click through and learn more about the products.

ATS 272

ATS Advertising Consumer Marketing 272

Retail TouchPoints

MAY 14, 2021

Metrics including return on ad spend (ROAS) and cost per click (CPC) improved significantly across multiple platforms as retailers refined their efforts and drew in new customers. Targeting Makes Google Paid Ads Cost-Effective, but Privacy Concerns Loom.

Advertising 236

Advertising Returns Social Commerce Marketing 236

Retail TouchPoints

APRIL 29, 2022

The popularity of online shopping has created enormous opportunities to reach new customers, but this has come at a cost. On average, it costs $33, or 66%, of the price of a $50 item for retailers to process a return, up from 59% last year, Optoro estimates. . Balancing Costs with Customer Satisfaction and Loyalty.

Returns 303

Returns Merchant Services Drop-Shipping Shipping 303

Retail Gazette

FEBRUARY 14, 2024

In January, it was reported that the retail group was halving its two-week redundancy pay per year of service policy, claiming this was “higher than typical market practice and comes at a very high cost” Last week, GMB Union warned the business they risked staff striking if they failed to receive answers over planned job cuts.

Management 78

Management Planning Marketing Department Stores 78

Inside Retail

MARCH 7, 2024

Cost of living crisis or not, expression through fashion continues to drive the US$21.72 In 2024 it is estimated that 90 per cent of sales in the apparel market will be attributed to non-luxury purchases. billion apparel industry in Australia. trillion where it sits currently. This excludes handbags which drive US$0.57

Boutique 130

Boutique Apparel Fashion Wholesale 130

Inside Retail

APRIL 4, 2024

While Geox is already batting high scores in multiple Asian markets – more about that later – the company believes it is only really starting. Perhaps even more satisfying to Polegato is how globally, 95 per cent of the population now wear shoes with rubber soles – just 5 per cent leather. We are the future,” beamed Polegato.

Fashion 130

Fashion Consumer Marketing Accounting 130

Retail Gazette

JULY 24, 2023

Before the conflict, Asda , Tesco, Morrisons and Sainsbury’s were making a margin of just under 5p (4.7p) per litre on fuel, with 3.7p RAC fuel spokesman Simon Williams said the decline could have been even sharper if supermarket pump price reductions were “in line with cheaper wholesale costs”. for petrol and 5.7p for diesel.

Supermarket 98

Supermarket Wholesale Consumer Marketing 98

Retail TouchPoints

AUGUST 26, 2020

When cost goes back up following a price war, consumers are more likely to churn, forcing the business to make up for lost revenue. The goal here, albeit challenging, is to find an optimal price, one that warrants both a high volume of sales and repeat business.

Advertising 297

Advertising Promotions Returns Marketing 297

Inside Retail

AUGUST 25, 2021

Best & Less’ first financial year as a public company exceeded its own expectations, with strong earnings and like-for-like sales growth driving a net profit result 191 per cent up on the prior year. per cent, and its online division made up 9.2 per cent of total sales while like for like sales grew 10.8 per cent to $71.6

Net Profit 130

Net Profit Department Stores Shipping Management 130

Inside Retail

MARCH 6, 2023

per cent in Sydney and 0.8 per cent Australia-wide last year, according to The Property Tribune and a similar story in New Zealand with 0.7 per cent in Auckland and 1.8 per cent in Wellington, according to JLL ), it’s natural that companies are looking at ways to use economies of scale to save costs.

Fulfillment 130

Fulfillment Point of Sale Consumer Management 130

Retail Gazette

JANUARY 10, 2024

Top bosses at the private equity firm were called in front of MPs to examine whether or not there was a “debt bomb” forming under the UK high street because of the private equity business model. Click here to sign up to Retail Gazette‘s free daily email newsletter

Supermarket 105

Supermarket Grocer Accounting Management 105

Retail Gazette

AUGUST 8, 2023

Speaking to the Times the chief executive of the high street fashion retailer said London was being left behind as tourists take to Paris, Madrid and Milan to shop instead. Click here to sign up to Retail Gazette‘s free daily email newsletter

Shopping 98

Shopping Fashion 98

Retail TouchPoints

APRIL 27, 2022

The impact of this increasing growth is the resulting strain on incumbent infrastructure that was originally designed to manage only about 5% of a retailer’s total sales capacity; the steady rise in costs from stretching this capacity have shown home delivery, buy online, pick up in-store (BOPIS) and curbside fulfilment to be highly unprofitable.

Management 279

Management Grocer Fulfillment Accounting 279

Inside Retail

JULY 18, 2022

Each of these areas deal with the more mundane elements of the customer journey that many retailers overlook in pursuit of grand plays and high-profile campaigns. Data shows that 86 per cent of customers terminate the purchase when shipping costs are withheld too long in the process.

Checkout 130

Checkout Shipping Social Commerce Consumer 130

Inside Retail

APRIL 15, 2021

per cent points in the five years to October 2020, reaching about 9.8 per cent of total retail turnover (including grocery, liquor and hospitality). per cent points of penetration to reach 12.9 per cent of total retail turnover for the year to October 2020. per cent for the 2020 year by October — up from 17.1

Merchant Services 130

Merchant Services Payment Services Shopping Customer Experience 130

Retail TouchPoints

AUGUST 16, 2021

Historically, returns have been viewed by brands and retailers as a ‘necessary evil’ A study by Shopify states that 44% of distribution center leaders see returns as a ‘pain point,’ a cost center that needed to be tolerated. Rather than seeing returns as a cost center, view them as an opportunity to delight.

Returns 336

Returns Drop-Shipping Consumer Apparel 336

Retail Gazette

DECEMBER 6, 2023

.” “By combining Boots 175 years of pharmacy heritage with our market-leading beauty offering, we can offer accessible and holistic skin care expertise on the high street in a way that’s never been done before. The opening of this new store marks a major milestone in Boots transformation of beauty on the high street.”

Beauty and Health 119

Beauty and Health Management Shopping Marketing 119

Inside Retail

DECEMBER 20, 2023

High foot traffic and crowded stores during this period make it easier for shoplifters to blend in and commit theft. Safe to serve not be a victim of violence Violence faced by frontline retail workers has close to doubled in the last few years, having risen by 47 per cent. Charities need our support now more than ever.

ATS 130

ATS Management Customer Experience Department Stores 130

Retail TouchPoints

JANUARY 9, 2024

CMOs are working with limited spending power, prompting a critical examination of resource allocation and a quest for cost-effective yet high-impact solutions. Digital audio will claim 2 hours, 20 minutes (2:20) per day from U.S. ad spending to increase 5.1% in 2024, lower than India, China, Germany and Brazil.

Advertising 287

Advertising Inventory Management Management Consumer 287

Inside Retail

MARCH 8, 2024

But being an e-commerce retailer also means if a customer comes in and what they want is not in stock, it’s just a matter of ordering it from the warehouse and having it shipped, either to the customer’s home or back to the store for click-and-collect.

Beauty and Health 130

Beauty and Health Shipping Location Marketing 130

Retail TouchPoints

JANUARY 15, 2021

The most successful retailers and ecommerce businesses track metrics to make better decisions on inventory, launch dates and cost of products. A low conversion rate means you probably need to go back to your product and cart pages and adjust the copy, user experience, pricing or finance options so people feel more compelled to click “buy.”.

Payment Services 150

Payment Services Promotions Shipping Planning 150