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Interview: How Chinese giant Miniso is planning to take over the UK

Retail Gazette

Retail Gazette sits down with chief operating officer Saad Usman to talk about Miniso’s UK plans. The store also stocks kitchen accessories, homewares, electronics, snacks and drinks, as well as the brand’s newly launched makeup and fragrances collection. In fact, two new UK stores will open before Christmas.

Planning 116
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Is the DTC business model dead, or just evolving?

Inside Retail

Like many trends, the discourse around DTC is a rollercoaster, ranging from ‘DTC is dead!’ to ‘Look at this amazing DTC brand! But first, let’s take a look at the history of DTC and why it became so popular. Is DTC dead? Everyone should do this.’ The truth, as is often the case, likely falls somewhere in the middle.

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How Improving Markdowns Will Impact Your Most Important Supply Chain KPIs

Retail TouchPoints

So why should these teams expand their focus to consider markdown planning in addition to their already full slate of targets? An overly broad approach drives benefits in some locations, but would likely drive down performance KPIs at other locations because the approach is not localized enough.

Markdowns 245
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How pop-ups helped inform Kat the Label’s new flagship store in Melbourne

Inside Retail

It’s a personal shopping experience that’s high-end, but at an affordable price point, [and] we think we’ve got a good niche market going.”. There’s a wide array of people who really resonate with the product [and] design at an affordable price point.”. From pop-ups to a permanent location.

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Retail Assortment Strategies: What Are They & How Do They Work?

Wiser

These are all examples of an optimized assortment plan. Too wide and you’ll end up with leftover dead stock. The best retailers gain even more of an advantage by having data-driven, well-planned retail assortment strategies. This way you can rely on regular purchases with little worry of retaining dead stock.

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Generative AI for Personalized Service and a Competitive Edge in Ecommerce

Retail TouchPoints

This not only provides a better user experience but also allows businesses to offer tailored recommendations at scale, improving their overall conversion rates as well as the experience for the customer. This involves inputting key words that can result in a dead link or generating unwanted products in some cases.

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How EMERGE in Color’s Design Connected Black Creatives With Luxury Consumers

Retail TouchPoints

Even though it operated for little more than one month, EMERGE In Color at Los Angeles’ Beverly Center created a powerful space for Black designers and Black-owned businesses that are too often overlooked by retailers in the high-end category. It can’t be dead stock or something that they had for two years.

Consumer 321