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Chinese retailers’ pricing strategy risks ‘vicious cycle’ of low margins

Inside Retail

Falling income growth is normalising lower consumption in China, with some industries experiencing declining revenue, as “companies are lowering prices to maintain their market share and avoid being squeezed out,” said Wang Dan, a Shanghai-based economist at Hang Seng Bank. at the flagship chain.

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The Reject Shop posts sales decline due to lockdowns, absenteeism

Inside Retail

In an ASX announcement, the discount retailer has announced that sales for the half were estimated at $424.7 Gross profit landed at $178.8 million, with comparable-store sales falling due to rising Omicron in most states during the Christmas trading period. Store expenses were reduced by $1.1

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[Infographic] Brick-and-Mortar Retailers (Plus Chocolate) Drive Sales on Valentine’s Day

Wiser

While the real winners on Valentine’s Day are the recipients of all the flowers, candy, and cards that are gifted on February 14 th , brands and retailers don’t do too poorly either. At Wiser, we were wondering what went through consumers’ heads around this holiday, so we polled more than 2,700 mystery shoppers from across the U.S.