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How K-Beauty brand Jung Saem Mool aims to win over Southeast Asian shoppers

Inside Retail

Unlike other beauty brands, Jung Saem Mool – founded in 2015 and with more than 250 point-of-sales in South Korea – takes a very different approach to connecting with its customers in this market, which can be seen at its flagship store on Scotts Road.

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Hobbs owner TFG secures £90m funding to support strategic growth

Retail Gazette

” TFG London acquired Phase Eight back 2015, followed by the later acquisitions of Whistles and Hobbs for an undisclosed sum. The Group now operates over 580 points of sale across its brands in 15 international markets worldwide. Click here to sign up to Retail Gazette‘s free daily email newsletter

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Consumers and Merchants Should Look Before They Leap into BNPL Services

Retail TouchPoints

Surges in online shopping during the pandemic helped fuel the growth of point-of-sale loans — a market that is forecast to grow at an annualized 9.8% Research by The Ascent showed that among people who have used a BNPL service, 45% first did so in 2019, 21% first did so in 2020, and only 7% had used a BNPL service prior to 2015.

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An absolute scorcher for sales on Britain’s local high streets

A1 Retail

NearSt, founded in 2015 by Max Kreijn and Nick Brackenbury, allows people searching for products online to see where they are stocked in nearby bricks and mortar stores. Shops install software that connects to their point of sale or inventory system so that stock shows up in online search results in places like Google and Facebook.

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2020 VALENTINE ECONOMICS AND GROWTH PERSPECTIVE FOR JEWELERS LOOK LIKE A DIAMOND IN THE SKY

RETAIL MANAGEMENT SOFTWARE

According to many statistics reports including the latest NRF’s Annual 2020 Valentine’s Day Spending Survey and conducted by Prosper Insights & Analytics, the gifts of love are driving retail sales through the roof: 2009, $14.7B. 2015, $18.9B. 2010, $14.1B. 2019, $ 20.7B. 2020, $27.4B.

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9 Ways to Optimize Your Pricing Strategy & Boost Profits

Wiser

According to a report by Software Advice, an online review site for point of sale systems, 60 percent of retailers are adopting reporting and analytics software into their POS system. This allows them to get a better idea of how their sales are really affecting their bottom line. Now is the best time to A/B test your strategies.

Marketing 141
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Shirtmaker and brand, UNTUCKit, unbuttons data to increase store conversions by +6.9%, partnering with RetailNext

365 Retail

Known first as a fast-growth digitally-native brand, UNTUCKit has rapidly increased its global store estate since opening in New York in 2015. Now boasting a store in London, UNTUCKit has taken its global store network to 88 outlets with more on the way.