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Apple heads for largest Q3 revenue drop since 2016 as iPhone sales slow

Inside Retail

per cent drop in total quarterly revenue, according to Refinitiv – its steepest drop in third-quarter revenue since 2016. The company has so far avoided buzzwords like AI at its events, in a contrast with tech giants including Alphabet and Microsoft. per cent rise in the quarter ended March. per cent and 11.2

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Mattress Firm Puts IPO on Ice, Citing Market Volatility

Retail TouchPoints

In January 2022, the mattress chain announced its plans to list on the New York Stock Exchange via an IPO that would have returned the furniture retailer to the public markets six years after South Africa’s Steinhoff International took the company private.

Marketing 281
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MCoBeauty CEO Shelley Sullivan on bringing ‘masstige’ makeup to the US market

Inside Retail

Australian luxe-for-less beauty brand MCoBeauty launched into the US market this week and is now stocked in over 1,800 Kroger Co stores. Inside Retail: How did MCoBeauty approach entering into the US market? SS: Not at this stage. Did this differ from the “copy-and-paste” method used to enter New Zealand?

Marketing 246
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Grill’d marketing deemed “extremely inappropriate”

Inside Retail

The suggestion of sexual violence at the start of the advertisement was extremely inappropriate in an advertisement for burgers.”. The post Grill’d marketing deemed “extremely inappropriate” appeared first on Inside Retail. The ad in question.

Marketing 331
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FTC Chair Lina Khan on Fighting ‘Gatekeeper Markets’ that Throttle Fair Competition

Retail TouchPoints

A study from Pew Research in 2016 found that 65% of Americans felt the country’s economic system “unfairly favors powerful interests.” Connecting the dots between problems in the world and our policy choices — be it high grocery prices or independent pharmacies being run out of the market — has been key.

Marketing 307
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CEO Switch at 1-800-Flowers.com

Retail TouchPoints

1-800-Flowers.com will replace its current CEO, Christopher McCann, with a familiar name and face: Jim McCann, who led the company as CEO from inception through 2016. Christopher McCann is stepping down for personal health reasons, effective immediately, but will remain on the company’s board and as an officer of various subsidiaries.

ATS 257
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The Rise of Micro Markets in Airports

Retail TouchPoints

Having more kiosks for customers to check in at also allows staff to be more flexible. Micro markets are one of the key self-service options that are becoming increasingly popular in airports. This information can be of great value when deciding which products to order and what price to sell them at.