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Labubu, Jellycat and more: How retailers can connect with the kidult consumer

Inside Retail

They are the current interest, bordering on obsession, for many a Millennial and Gen Z consumer. These two consumer groups have been lumped into an increasingly powerful shopper segment dubbed ‘kidults’, an amalgamation of the words ‘kid’ and ‘adults’. What are kidults? per cent increase since 2022.

Consumer 130
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How Localization is Helping CVS Position Itself as the Modern General Store

Retail TouchPoints

We are a mass retailer with 9,000 locations that are serving small communities. Taking into account CVS store footprint, SKU roster, regular pricing and promotional pricing, the company can create up to 900 million different combinations of assortment and price across its stores. said Balbale.

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AI’s Fashion Impact: From Product Design to On-Demand Manufacturing and Beyond

Retail TouchPoints

We put [a selection of these] up on our site for pre-orders, and then, based on a formula that takes into account clicks, add-to-carts and purchase attempts, we decide what to actually go into production with. So for a $15 retail price point, youll go for the cheaper material.

Fashion 162
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Behind Documents’ path to luxury fragrance leadership in China

Inside Retail

As such, it commands premium retail prices – nudging 1000RMB ($140) per 30ml bottle – and has drawn investment from French giant L’Oreal’s venture capital fund, Chinese online luxury accelerator Ushopal , and spirits giant and Chivas Regal parent Pernod Ricard. So, in that case, Documents…is not a big consumer brand in China.

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Best of 2024: From swoosh to stumble, can Nike regain its stride?

Retail Gazette

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.” However, Rashid says this approach has hurt the business.“The

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How to Start a Reselling Business: A Complete Guide for Beginners

Small Biz Trends

Use tools like Google Trends or industry-specific reports to analyze consumer behavior and popular products. Retail Wholesale involves purchasing items in bulk directly from manufacturers or distributors. This approach typically allows for lower prices per unit, enhancing your profitability when reselling at retail prices.

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Understanding Federal Excise Tax: Key Insights and Implications for Businesses

Small Biz Trends

Impact on Prices: Federal excise taxes contribute to higher retail prices, ultimately influencing your overall expenses for goods and services. This specific tax plays a crucial role in government revenue, impacting various industries and consumers alike. It’s essential for making informed financial decisions.

Planning 100