Good, better, best: How Myer is winning during the ‘shift to thrift’
Inside Retail
APRIL 17, 2023
Last month, the department store reported its highest interim profit since 2014. You’ll probably have to adjust margins to implement this model effectively, and it’s likely that the ‘better’ offer will end up being the largest seller, so plan your orders accordingly. And you’ll need a pre-planned mechanism to achieve that.
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