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

365 Retail

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. The use of premium sales space to promote an item can attract supplier funding for space instore that guarantees extra visibility for key lines and exposure for their brand.

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

Retail TouchPoints

“We are incredibly inspired by the work our friends at Kiss the Ground have been doing and are in awe of their ability to inspire millions of people across the country to participate in the regenerative movement,” said Elizabeth Preis, Global Chief Marketing Officer of Anthropologie Group in a statement.

Shipping 219
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No one will escape: Industry leaders on navigating the retail recession

Inside Retail

When inflation begins to drop and interest rates return to decline – we will likely see a resurgence in discretionary spending habits,” Zahra said. He believes that there are similarities between the current situation and the Global Financial Crisis (GFC) in 2008, with the rate of inflation more significant now.

Consumer 246
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Brands Pop into the Surreal as 3D Billboards Surge

Retail TouchPoints

From 3D billboards to spatial scent to ChatGPT, meet the brands leading the next wave of multisensory retail innovations, and learn best practices to help strengthen your brand’s sensory presence in this new, multi-dimensional experience market. 2008, April 8). Leonidas, H., & Palla, J. ResearchGate. link] [2] T, P.,

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How to Get the Most Out of Loyalty Programs During an Inflation Crisis

Independent Retailer

The United States’ consumption of candy increased sharply during the economic downturn that began in 2008. Cadbury’s profits went up 30 percent in 2008, Nestle saw an 11 percent growth that year, and The Hershey Company’s overall sales increased five percent a year from 2008 to 2010 during the worst part of the recession.

Returns 52
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What Next? What the retail giant has done with its acquisitions

Retail Gazette

Just last month, Next boss Lord Wolfson said its acquisition of the brand had been a big success and had achieved a return on capital of around 20%. Wolfson expects Joules to break-even next year and return to profitability the following. It had originally bought a 25% stake in Reiss back in 2021 before increasing it to 51% in 2022.

Fashion 117
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How to Make Money with Cryptocurrency

Small Biz Trends

Even major businesses have started accepting cryptocurrencies as a means of exchange and promotion. Since the creation of Bitcoin in 2008, the cryptocurrency industry has been the subject of uncertainty, boom markets, and hype thanks to the volatile market of cryptocurrencies. Crypto Market Mining.