Talking Retail

JANUARY 31, 2022

Country Choice has unveiled its ‘thaw and serve’ range of cakes and biscuits for Easter 2022. It gives star billing to its new Easter fondant fancies, which come individually wrapped, 10 of each flavour in a case, with a recommended retail price (RRP) of £1.40 Other products in the range include hot cross.

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Retail TouchPoints

MAY 22, 2024

While the head office (which deliberately isn’t called that, but rather Central Support) sets pricing parameters, since it buys many materials in bulk, branch managers have the authority to shift prices around as the market demands. Conversion in the last quarter of 2023 was also up 57% from the same quarter in 2022.

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Small Biz Trends

AUGUST 19, 2022

Small Business News Roundup – August 19, 2022. Flour Price Jumps 5.3% The average retail price of flour across the US jumped by 5.3% in July, following trends of rising prices of products in grocery stores, according to data from the Bureau of Labor Statistics. in Last Month.

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Rangeme

MAY 17, 2022

The war in Ukraine has the potential to cause further inflation problems, as we have already seen a sharp increase in oil prices. Inevitably, against this backdrop, retailers’ prices are rising. The post Supermarkets See Superinflation in 2022 appeared first on The RangeMe Blog. In the U.K.,

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Small Biz Trends

JULY 19, 2022

Lower Gas Prices. According to the American Automobile Association (AAA) , July 19, 2022, saw average gas prices reach $4.495 down from $4.655 a week ago. Despite the gradual drop in the average national gas price is still nowhere near the $3.170 a gallon price from last year. State Gas Prices.

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Small Biz Trends

OCTOBER 21, 2022

Find out what else is available: Millions in ARPA Grant Funds Available Through the End of 2022. Small Business News October 21, 2022. Adobe Releases 2022 Holiday Shopping Predictions. Gas Prices Dropping Slightly After 3 Weeks of Increases. Gas prices are dropping slowly after nearly a month of increases.

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Inside Retail

MAY 22, 2022

First quarter results for calendar year 2022 are in for the three biggest Korean department store retailers, and the numbers are encouraging. And despite the importance of hypermarkets and the rapid growth of e-commerce in tech-crazy Korea, department stores are an important and venerable part of the country’s retail tradition.

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Inside Retail

SEPTEMBER 23, 2024

Woolworths is alleged to have made false or misleading representations to consumers about the prices of 266 products between September 2021 and May 2023, including Arnott’s Tim Tams biscuits, Energizer batteries, Listerine mouthwash, Moccona coffee capsules, and Uncle Tobys muesli bars.

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Small Biz Trends

AUGUST 16, 2022

June 19th saw the highest diesel price across the nation with the average retail price for a gallon of diesel going $5.816. Despite decreases in diesel prices in recent weeks California, Hawaii, Oregon, and Washington continue to see diesel prices go over the $5.50 a gallon in the fourth quarter of this year.

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Indigo 9 Digital

NOVEMBER 29, 2022

New Balance continues to grow in popularity with sales on Goat up 92% in 2022. If you do subscribe to our retail trends newsletter to get the latest retail insights & trends delivered to your inbox. 30% to 40% of the items sold on Goat are sold at a discount to the retail price. Do you like this content?

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365 Retail

OCTOBER 17, 2023

Genie Shopping, a leading UK retail price comparison engine , has appointed performance marketing expert Warrick Lambert as its first-ever Chief Executive Officer. Warrick Lambert comes to Genie Shopping from Redu Group , a social media publishing firm where he served as CEO since 2022.

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Small Biz Trends

AUGUST 15, 2022

The national average gas prices across the US continue its dip on Monday, August 15, 2022 reaching $3.956. The price of gas is in its 63-day streak of dropping prices at the pump following an all-time high of $5.016 in June. Gas Prices Go Down Again This Week. a gallon in the fourth quarter of 2022.

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Inside Retail

FEBRUARY 8, 2022

And in most cases, you end up paying more than the retail price for an item by the end of your term. IR: What are your plans for Breeze in 2022? IR: What are your plans for the business in 2022? Do you see Breeze owning a physical space in the future? Do you see Breeze owning a physical space in the future?

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Inside Retail

OCTOBER 31, 2023

Impact of inflation on makeup sales The US color cosmetics market has been experiencing strong growth, with a 9 per cent increase in retail sales in 2022. However, it’s important to note that by the end of 2023, total retail sales in the US color cosmetics market are expected to increase by 10 per cent, surpassing US$13.6

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Retail Gazette

DECEMBER 27, 2024

When making the announcement to staff about job cuts, Nike chief executive John Donahoe – who replaced its much-lauded boss Mark Parker in 2022 – admitted: We are not currently performing at our best, and I ultimately hold myself and my leadership team accountable.” in 2022, and On ‘s quadrupled from 0.3%

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365 Retail

JANUARY 18, 2022

Affordable footwear retailer Shoe Zone is opening a new store in Worthing on 4 th February 2022. Shoe Zone’s iconic own-brand footwear and accessories will also be available, many of which come in at below the recommended retail price. The West Sussex branch will be located at 73-75 Montague Street, Worthing, BN11 4BN.

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Independent Retailer

AUGUST 17, 2022

The 55th OFFPRICE Show , held between August 6-9th 2022 at the Venetian Expo in Las Vegas, kicked-off the summer edition of Las Vegas Fashion Week. Retailers of all sizes came to source excess inventory that is hitting the market to fill gaps in their open-to-buy dollars and preview resort and early spring merchandise. .

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Inside Retail

APRIL 9, 2024

This is due to many factors, including the growing importance of making more sustainable choices, a desire to have higher-quality products, increasing retail prices of luxury items, and scarcity of in-demand items,” he opined. billion by 2026. In terms of technology, artificial intelligence (AI) also plays a role in all of this.

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Retail Gazette

SEPTEMBER 8, 2023

Online discount grocer Motatos has shut down its store in the UK just one year after launching in June 2022 due to what it described as ‘tough’ market conditions. The company maintained cheap prices by selling products that were out of season, close to their best before dates or had old packaging.

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Mass Relators

APRIL 12, 2022

increase in identical sales and higher fuel sales, with retail price inflation contributing to the identical sales increase. “We are pleased with our fourth quarter and full-year 2021 results and the continuing momentum we are seeing as we enter 2022,” Albertsons CEO Vivek Sankaran said. Net income was $455.1

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Indigo 9 Digital

AUGUST 16, 2022

billion brand by 2022. Jordans typically sell for 54% above the average retail price. If you are curious about the Jordan Brand, its history and where it’s going then consider these 10 facts about the sneaker and apparel brand that has helped Nike to stand out from the rest.

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Small Biz Trends

OCTOBER 7, 2022

Small Business News Roundup – October 7, 2022. Gas Prices Going Up Again. Gas prices are once again going up for the second straight week. The national average retail price for a gallon of gas is now $ 3.799 up from last week’s $3.725 a gallon, according to the American Automobile Association (AAA).

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Mass Relators

OCTOBER 3, 2022

The enhanced Ocuvite with vitamin D will be available at major retailers nationwide in the vitamin aisle starting in October 2022 with a suggested retail price of $12.85 (50-count bottle). The post Bausch + Lomb launches enhanced Ocuvite vitamin appeared first on MMR: Mass Market Retailers.

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Mass Relators

AUGUST 16, 2023

Second-quarter gross margin rate was 27%, up from 21.5 % in 2022, a trend the company attributed to retail prices increases, fewer markdowns, and lower supply-chain and digital fulfillment costs. for the trailing twelve months through second quarter 2022. Target’s operating income margin rate was 4.8%, compared to 1.2%

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Mass Relators

DECEMBER 19, 2022

In October 2022, hearing aids for individuals with mild to moderate hearing loss were USFDA-approved for O-T-C sale to consumers age 18 and older. In comparison, Kinney’s regular retail prices range from $40 per pair of personal sound amplifiers to around $1,000 per pair of Bluetooth-compatible O-T-C hearing aids.

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365 Retail

DECEMBER 3, 2021

DemandTec , a pioneer in retail price and promotion optimization technology, today launched Unify by DemandTec, the industry’s first autonomous unified merchandising platform for retailers. The result is their ability to better compete and win in the fast-moving world of modern retail.”.

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365 Retail

JULY 20, 2023

The British Retail Consortium (BRC) has revealed retail sales across the UK were up 4.9% in June 2022. The three-month average of retail sales totalled 4.6%, while the 12-month average had risen to 4%. Sales generated by non-food retailers were up 0.3% in June 2023. Like-for-like sales in the month were up 4.2%

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Rangeme

JULY 14, 2022

Across retail categories, more manufacturers are making products smaller to offset rising costs, a practice called shrinkflation, or downsizing. Retail costs keep climbing, as U.S. inflation hit its highest one-year price hike in more than 40 years in March 2022. mid-range or premium) goods and private labels.

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Retail Bound

NOVEMBER 22, 2021

The cost-saving benefits of manufacturing in Asia have been upended, and either the producer or the consumer has to pay the price. Let’s say you launch a campaign at the start of 2022, and the cost of shipping hasn’t improved. Crowdfunding presents a way to avoid this altogether. Well, not necessarily.

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Rangeme

AUGUST 10, 2022

billion in its fiscal first quarter of 2022, up from $1.9 From there, be prepared to share more about your assortment, the categories and consumer needs you address, the features and benefits your products deliver, and of course, your retail prices. And shoppers are purchasing products in record numbers.

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Retail Geek

MARCH 15, 2024

We’re the leading credit card retail pricing and healthcare claims data provider for investors and retailers. In the United States, they launched in September of 2022. So you think about a retail company that launched in September of 2022, and then in the first year, business sold $16 billion worth of stuff.

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Retail TouchPoints

APRIL 4, 2024

The pills are available for a suggested retail price of $19.99 Access to reproductive health medications became more urgent with the Supreme Court’s Dobbs ruling in June 2022, which reversed the longstanding Roe v. for a one-month supply and $49.99 for a three-month supply. Wade decision preserving abortion access.

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Inside Retail

OCTOBER 12, 2023

In the first quarter of 2021, fragrance sales were up 45 percent from the year prior, despite the average retail price for fragrance products growing by 15 percent in the same time period. billion in 2022, and is expected to reach $86.3 Data from Market.us shows the global fragrance market was valued at $49.8

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Retail Geek

JANUARY 6, 2023

Matt: [1:35] Great to be here guys thanks for having me. Scot: [57:47] Yeah.

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Retail Geek

AUGUST 29, 2023

GTV that they that they have is pretty significant its twenty eight point eight billion dollars in groceries that they sold in 2022. Jason: [28:26] Yeah so kind of looking at those business fundamentals that you know in 2022 they sold 28.8, billion dollars worth of stuff which for them generated 2.5 To the income statement for 2022.

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Inside Retail

SEPTEMBER 28, 2022

Gaining traction in any online space isn’t easy, so the focus for the remainder of 2022 is to keep building awareness of the brand and what we offer. Eventually, I want Becuming to be seen as a legitimate competitor for the larger retailers in Australia, but I understand that getting there is a long-term game. CMH: To grow.

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Mass Relators

JANUARY 31, 2022

Retail price inflation and incremental sales related to administering COVID-19 vaccines contributed to the 5.2% The increase was driven by the company’s 5.2% gain in identical sales, as well as higher fuel sales and sales related to stores acquired and opened since the third quarter of fiscal 2020. identical sales increase.

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