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5 Ways to Make Your Retail Store Grow Faster

Indigo 9 Digital

Having a store within your store to feature products from another retailer is a classic play retailers use to increase traffic and sales. There are many retailers pursuing this strategy right now. Sephora has announced a partnership with Kohl’s which will see more than 850 Sephora shops inside of Kohl’s stores.

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

Indigo 9 Digital

A study by the Capgemini Institute found that on average retailers charge their customers just 80% of the cost of delivering goods. The irony of online shopping is that the most economical model for a retailer is when customers are not purely online shopping at all. Take mattress retailer Casper.

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The Top 40 Jack Ma Quotes on Business, Leadership & More

Indigo 9 Digital

These lines of business are so successful that Alibaba’s IPO in 2014 remains the largest IPO in history raising $25 billion. If you do subscribe to our retail trends newsletter to get the latest retail insights & trends delivered to your inbox. Take a look at his advice on leadership, failure, success and more.

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Nordstrom Leaves Canada, 9 Reasons Why

Indigo 9 Digital

If you didn’t want to spend too much money you could shop at Macy’s or Sears. Or if you wanted to spend a lot more you could shop at Nordstrom, Neiman Marcus or Saks Fifth Avenue. Luxury consignment shop TheRealReal which is mostly online launched in 2011 and brought in $1.2 There were even fewer choices in Canada at that time.

Apparel 97
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Dollar Tree’s Strategy, 3 Actions its Taking to Stay on Top

Indigo 9 Digital

Dollar Tree bought Family Dollar in 2014 for close to $9 billion but it has struggled to turn the chain around. Customers love shopping the best of Family Dollar and Dollar Tree in one easy-to-shop local store in their community. In the past the merchandise at Family Dollar could be 10% to 15% higher than at Dollar General.

Grocer 52
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On Fire: Where Consumers are Buying Today’s Most Popular Smoking Products

Rangeme

Convenience stores are a top location for tobacco purchases and 29% of consumers shop there for tobacco products, according to a presentation last November: State of the Consumer: Understanding Tobacco/OTP and CBD Users in the New Environment, from Donna Hood Crecca, principal with Technomic. In the U.K., of respondents (3.3

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Forever 21: 4 Reasons it Failed & Filed for Bankruptcy

Indigo 9 Digital

Shein has grown very fast becoming the most downloaded shopping app on iOS and Android in the United States in May of 2021 with Amazon coming in second. If you do subscribe to our retail trends newsletter to get the latest retail insights & trends delivered to your inbox 3. Do you like this content?