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Can Premier replicate Smiggle’s UK success with pyjama brand Peter Alexander?

Inside Retail

After Lew’s Premier Investments acquired the Just Group, and with it Peter Alexander, he shut down the US stores in 2009, saying it “reflects the board’s commitment to take the decisions that are necessary to maximise returns for shareholders”.

Apparel 243
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Collapsed Missguided snapped up by Frasers Group

Inside Retail

Frasers Group has bought fast-fashion business Missguided and plans to set it up as a standalone business within the group. Missguided was founded online in 2009 by Nitin Passi, the daughter of an Indian immigrant who set up the high street supplier By Design in the 1960s. Teneo was appointed administrator this week.

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AO open ‘rework’ facility to give new lease of life to returned appliances

A1 Retail

Online electricals retailer AO has announced that it has opened a new ‘rework’ facility to give returned appliances a new lease of life. Operating out of its ‘Latchford’ warehouse in Crewe, appliances returned by customers will be thoroughly tested with the aim of reselling them.

Returns 52
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Buy Now, Pay Later: The Gen Z Alternative to Credit Cards

Retail TouchPoints

In the midst of rising inflation rates, many Americans are wondering how to cut their costs — and younger generations such as Gen Z may have found a solution in the short term with “buy now, pay later” or BNPL plans. Contactless payment evolved with Venmo’s release in 2009, and similar mobile solutions like the Apple Wallet have followed.

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eCommerce and its Profitability Issue. Why its So Hard to Make Money

Indigo 9 Digital

If getting the order to you is expensive what about returns? This process of ordering and returning goods is very expensive. million on “refunds, returns, and discounts”. High marketing costs are one reason for Casper’s struggles but returns have also eaten into the brand’s profitability. Take mattress retailer Casper.

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Analysis: Decision time looms at DJs and Myer boardrooms

Inside Retail

Myer floated on the Australian Securities Exchange in 2009 with a market capitalisation of $2.4 The retailer has also retreated from its plan to drive foot traffic and sales through an upmarket food offer in stand-alone stores and has terminated a co-location food concept selling fresh and packaged food in 35 BP service stations.

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Who is Peter Ruis, the man tasked with reviving John Lewis?

Retail Gazette

He also oversaw the relaunch of its fashion website back in 2009, helping to boost the retailer’s online profile, and introduced new in-store design concepts for its womenswear departments. He returned the business to profit, weaning the chain off discounting, reinvigorating its product and restoring its brand power.