Remove 2007 Remove Consumer Remove Management Remove Marketing
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How Retail Businesses Can Use Customer Data to Enhance Targeted Marketing

Retail TouchPoints

in March 2020, consumer buying behavior began shifting. In addition, as the popularity of online ordering and delivery continues to skyrocket, marketers need to rethink how they communicate with and market to consumers. The global loyalty management market stood at $2.47 during the forecast period.

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What Main Street Can Learn from Wall Street: Retail Businesses Should Look to the Trading Floor for Inspiration

Retail TouchPoints

Growth is now driven by the more complex dynamics of customer acquisition and retention, and digital marketing has introduced a new set of variable costs. The velocity and volume of trades that digitization catalyzed led to the automated algorithms that dominate the financial markets today. Performance was reviewed monthly.

Markdowns 229
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Are more discounts on the cards before Christmas?

Inside Retail

In 2007, the cash rate was on an upward trajectory hitting an 11-year high of 6.75 Discounts were the order of the day, and consumers with any cash left in their wallets got a pre-Christmas treat at the shops. But compared to 2007, we’re in slightly new territory. We’ve seen it happen before. per cent in November.

Planning 130
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Retailers: Leverage Customer Data to Navigate Lower Spending Due to Inflation

Retail TouchPoints

forcing retailers to grapple with remaining relevant to increasingly price-sensitive consumers. Illustrating the consumer response to the Fed’s activity, on June 15 the U.S. Retailers that know their customers and can anticipate their needs through more personalized experiences will remain top of mind for consumers. 7% increase.

Consumer 285
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Retail appointments of the week

Inside Retail

Doug Herrington has been named CEO of Amazon’s new Worldwide Amazon Stores business, which was formerly known as Consumer, and John Felton has been named the leader of the Operations business. He launched AmazonFresh in 2007 and has served on the e-commerce company’s senior leadership team since 2011.

Finance 130
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Target Names First Chief Growth Officer, Announces Series of C-Level Promotions

Retail TouchPoints

Gomez, who has been with Target since 2013, most recently served as the company’s Chief Marketing, Digital and Strategy Officer, during which time he launched Target’s loyalty program. Sylvester, who joined Target in 2007 has served in a variety of leadership roles across strategy and merchandising, most recently as SVP of Home.

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Retail appointments of the week

Inside Retail

Property group Mirvac has announced the upcoming retirement of chief executive and managing director Susan Lloyd-Hurwitz, as well as chair John Mulcahy. Myer’s general manager of omni experience exits. Loehnis currently serves as the president of Net-A-Porter, Mr Porter and The Outnet, and started at the company in 2007.