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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. More effective promotions. Enhanced demand planning.

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Balancing Customer Loyalty in an Age of Growing Business Costs

Retail TouchPoints

Explain the effect of rising costs of raw materials, operating expenses and other factors impacting the business; Evaluate and minimize : Assess those products most sensitive to price hikes and prioritize them, minimizing upward adjustments on core/essential items that customers value the most.

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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%

Markdowns 272
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CEO Anthony Heraghty discusses Super Retail Group’s half-year results

Inside Retail

Meanwhile, like-for-like sales are expected to decline by seven per cent at the group level for the remainder of the second half in FY23, according to consensus estimates. As reported by The Australian , sales growth for Super Cheap Auto and Macpac had moderated to eight and 30 per cent respectively, between December 2022 and February 2023.

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SBA Asking for Input on COVID Grants and Loans for Small Business

Small Biz Trends

SBA Express Bridge Loans offered small businesses affected by Covid-19 to get up to $25,000 to cover operational expenses. The Shuttered Venue Operators Grant (SVOG) program offers over $16 billion in grants to shuttered venues, to be administered by SBA’s Office of Disaster Assistance. Refining Service Delivery.

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5 Ways To Maximize Retail Business Financing

Retail Minded

Promoting your products or services can take a big cut on your budget. With the number of people on social media, it only makes sense to promote your goods and services online. Social media marketing can be performed at a low cost with favorable results. Lower Your Expenses. Market Your Brand Wisely .

Finance 52
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Scale-up! Why Digital Transformation Is Crucial for Growth

Retail Assist

Any attempt to decrease operating expenses and inefficiencies requires technology to be put at the heart of the business. Taking a single strategic approach to technological decisions, makes it so much easier to achieve any future growth ambitions, letting your operations grow with you.