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Forever 21: 4 Reasons it Failed & Filed for Bankruptcy

Indigo 9 Digital

Shein, another ultra fast fashion retailer, adds between 500 to 2,000 new items on its website every day. Shein is vertically integrated allowing it to go from design to shipping in as little as three days. Commenting on the growth of Shein TechCrunch wrote : “[Shein] manufactures in China as many apparel retailers do.

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Tim Hortons’ Turnaround Strategy, Why it’s Working

Indigo 9 Digital

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. The campaign involved promoting McDonald’s combos that celebrities like Travis Scott and BTS enjoy eating.

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Tesco’s Strategy for Gaining Market Share

Indigo 9 Digital

Tesco even tried its hand at opening a discount grocery chain called Jack in 2018 but it closed the chain of 13 stores earlier this year. "We Shipping speeds are at the forefront of competition in the retail sector. Those promotions were so compelling Tesco added 1.9 That reduces the need to shop at discount grocers.

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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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Celebrating Diversity in May: AAPI- and Haitian-Owned Brands Make Strides

Rangeme

In 2018, Nona became the first female Asian board member selected for the Specialty Food Association and is now the first female Asian Vice-Chair of the Specialty Food Association! In the beginning, Lim had a tough time forging relationships with retailers, “I hadn’t grown up in the U.S., Nona Lim, Founder, Nona Lim.

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Brand Loyalty is Put to the Test

Rangeme

A McKinsey survey cited better prices or promotions (30%), better value (25%) and better shipping or delivery costs (15%) as factors driving consumers to try new brands. May 9, 2018 , 15 Amaresan, Swetha. May 9, 2018. The great consumer shift: Ten charts that show how US shopping behavior is changing. August 4, 2020.

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