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The Secret Behind Quick-Turn Merch: A Strong Partner

Retail TouchPoints

To take the obsession even further, it seems like everyone is wearing branded apparel promoting them. How do these brands turn around these drops so quickly? While you may not be shipping products worldwide, the benefit of an international company is its extensive network of suppliers, sourcing and tools.

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Interview: How Wish aims to compete with rivals Shein and Temu

Retail Gazette

The US website shot to fame in 2018 for its cheap prices – and incredibly long delivery times – and quickly became the most downloaded shopping app worldwide, doubling its revenue that year alone to £1.5bn ($1.9bn). . The San Francisco-based platform shipped its vast array of discounted products straight from their factories. “[The

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Meet the women bringing Latin American fashion to the world

Inside Retail

Started by Estefanía Lacayo and Samantha Tams in 2018, LAFS is all about connecting Latinx designers with key decision-makers in the industry and promoting Latin American talent and innovation to the world. For instance, exploring direct-to-consumer, drop-ship models, not relying heavily on retailers and bricks-and-mortar.

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What are Retail Markdowns?

Wiser

According to a 2019 study by retail think tank Coresight Research, retailers in 2018 completely missed out on roughly $300 billion in revenue, or 12 percent of total retail sales, due to markdowns. For example, a promotion where customers who spend at least $100 on a purchase can get 20 percent off their total order is a sale.

Markdowns 128
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Tim Hortons’ Turnaround Strategy, Why it’s Working

Indigo 9 Digital

This was reflected in Tim Hortons’ same store sales growth which was slowing, dropping from 2.5% Or in the process of trying to turn the ship around many companies make a number of missteps as they desperately try to improve operations. McDonald’s was on to something when it launched its “Famous Orders” promotion in 2020.

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The Top 15 Ways to Find New Customers in Retail

Indigo 9 Digital

Launch a bring a friend & get a discount promotion. Try offering a promotion where to receive a discount a customer must bring a paying friend with them. Pala Spa had a promotion called “Friends Who Spa Together, Stay Together”. A promotion like this is a great way to acquire new customers. By 2018 it took 53 weeks.

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How Maccas, Domino’s and 7-Eleven are taking sustainability seriously

Inside Retail

Australasian division president, Richard Wormald said: “The research suggests that consumers are increasingly expecting organisations to promote sustainable initiatives. 7-Eleven became the pioneer partner of Simply Cups, an initiative of Closed Loop, in 2018. Each year the chain sells more than 80 million cups.