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Maximizing Profitability: How to Improve 4 Key Areas of the CPG Product Lifecycle

Retail TouchPoints

Consumer packaged goods (CPG) companies are obsessed with two things: maximizing revenue and minimizing operational expenses. And the challenge for CPG leaders becomes how to maintain the output of their teams after that initial burst of energy at launch. Enhanced demand planning.

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H&M, DoorDash Eliminate a Combined 2,750 Jobs as Retail Layoffs Continue

Retail TouchPoints

“Most of our investments are paying off, and while we’ve always been disciplined in how we have managed our business and operational metrics, we were not as rigorous as we should have been in managing our team growth,” said Tony Xu, CEO and Co-founder of DoorDash in a publicly shared message to employees. That’s on me.

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Milkrun seeks investment as a perfect economic storm hits instant delivery

Inside Retail

That reticence was backdropped by significant operating costs at Milkrun, which eschews the independent contractor model and uses employees to deliver groceries. At the same time, the return of in-person shopping after Covid-19 restrictions bit into the sector’s lockdown-era market share.

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Price of Stamps Likely Going Up in 2023

Small Biz Trends

USPS wants the new price of a Forever stamp at 63 cents. Sending domestic cards in the mail will also get more expensive. This plan would call for the second stamp price increase in the last 6 months. Operational Costs. A Forever stamp currently costs 60 cents. Stamp Price Increase. from $1.40. Postal Service.

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Target, Macy’s and Dollar Tree Prep for a Tough Year Despite Holiday Success

Retail TouchPoints

at its flagship banner and up 5.8% at Family Dollar stores, but even discounters are facing cautious consumer spending and employee pay raises that aren’t expected to pay off for some time. at its flagship banner and up 5.8% Beauty sales were a bright point at both businesses. during Q4, but they were up 0.6%

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Have Temu and Shein Thwarted Wish’s Hopes of a Comeback?

Retail TouchPoints

There are other troublesome indicators for the company: Q2 saw declines across the board at Wish. A few days before reporting Q2 earnings, Wish also announced plans to cut approximately 34% of its workforce, or about 255 employees, in order to “refocus the company’s operations.” Doubling down on merchants outside of China.

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Report: Amazon Considering Peloton Acquisition as Fitness Company Seeks Profitability

Retail TouchPoints

Peloton is facing these challenges head-on with the appointment of its new CEO: McCarthy is a longtime executive, advisor and board member at both public and private technology companies. This includes reducing its planned capital expenditures in 2022 by approximately $150 million.