Remove 2008 Remove ATS Remove Consumer Remove Promotions
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Dollar General promotes 18 executives

Mass Relators

. — Dollar General has promoted 18 executives to new roles at the company. Leslie Allen Leslie Allen has been promoted to senior vice president, human resources. Christine Connolly Christine Connolly has been promoted to senior vice president, corporate secretary and assistant general counsel, securities and governance.

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Australia’s retail ‘recession’ runs to three consecutive quarters

Inside Retail

The last time there were three consecutive quarters of declining retail volume sales was in 2008at the time of the Global Financial Crisis. ARA CEO Paul Zahra said the decline demonstrates a continued slowdown in consumer spending – and adds to the pressure retailers are already under as the cost of doing business skyrockets.

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Can refocusing on promotional mix over price win back customer loyalty?

365 Retail

Worried customers have already made adjustments to shopping patterns as shop sales fell by record numbers both in December and across the whole of last year as consumers cut spending. jump putting its market share at 7.1% But it is notable that the proportion of spending on promotions has recently fallen to its lowest level since 2008.

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Retailers Can Cushion Price Increases’ Impact With Greater Transparency

Retail TouchPoints

for 2021 — the highest annual rate since 2008’s 3.8%. Kannan, the Dean’s Chair in Marketing Science at the University of Maryland’s Robert H. That increases trust with the consumers, and you will hold on to them for a longer time if they trust you more,” said Kannan. Smith School of Business.

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Wrangler, M&S, Anthropologie and More Mark Earth Day with New Sustainability Initiatives

Retail TouchPoints

In fact, 51% of consumers said they would be willing to pay more for products shipped through sustainable methods, up significantly from just 15% of consumers in December 2023, according to a new survey from Radial. Here is what a number of companies are doing this Earth Day and beyond to meet the demands of consumers and the planet.

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Supporting a Workforce That Supports the Community

Retail TouchPoints

As high inflation continues to pose a challenge for the American consumer, research shows that two-thirds of Americans plan to still spend the same or more on retail purchases in 2023. However, it’s no surprise that many of those consumers plan to prioritize shopping for bargains in-store.

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Retailers can’t afford to discount the customer experience this December

Inside Retail

The 2024 prediction was somewhat bearish given that the National Australia Bank reported the actual sales for the four-day Black Friday and Cyber Monday shopping event were estimated at $7.1 Short-term gain for long-term pain? An example of the importance of the experience is in restaurants.