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Retailers: Leverage Customer Data to Navigate Lower Spending Due to Inflation

Retail TouchPoints

and Are consumers likely to purchase an accessory for the item after purchase? “If Our broad-based data science approach helps us determine how to best implement price, promotion and display. This positive outlook may blunt the impact of higher prices due to inflation, helped by retailers leveraging promotional discounts.

Consumer 266
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Retail technology for building recession resilience

I Vend

Consumers continue to spend on essentials such as food, personal care, and basic clothing, but reduce their outlay on items such as furniture, home electronics, sporting goods and accessories. How can retail technology help retail stores to prepare for recession?

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What’s the Difference Between Line Extension and Brand Extension?

Wiser

Based on the success of their 2007 Kindle e-reader and 2011 Kindle Fire tablet, a phone could have seemed like a logical next step in their hardware endeavors. While you may be familiar with their sportswear lines and accessories, did you know they sell shower caps? Take the Amazon Fire Phone. Think of a brand name like Supreme.