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How customer loyalty helped Myer bounce back

Inside Retail

After a rollercoaster six months of lockdowns, Christmas and Omicron, department store Myer yesterday delivered a strong half year result with net profit up 55 per cent and its first dividend payment since FY17. Loyalty is king. Myer One has always been key to our business.

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2023: Ring in Retail Profits by Stopping Automated Threats

Retail TouchPoints

Becoming proficient at navigating these obstacles is key to protecting retail profits. As consumers faced higher prices at the gas pump, grocery stores and other places, many cut back on their spending, increasing the competition among retailers. ATO attacks cost retailers millions of dollars each year.

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JD.com’s discounts and Apple’s price cut Lunar New Year retail strategies

Inside Retail

One of the best examples of this came from China, as Apple reduced its retail prices on select iPhone models by almost $70. JD Global Sales recently expanded its services to meet the needs of Chinese consumers in five European countries – France, Germany, Italy, the Netherlands, and Spain.

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What’s old is new again: The rise of rental

Inside Retail

That was my least favourite of all the options, as the assembly process was a nightmare and the quality always made me feel like I was in a temporary home. When I moved back to Melbourne in 2019, I found the perfect sofa and coffee table, but wasn’t sure if my needs would change at the end of my one-year lease.

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‘More is more’: Q&A with Camilla CEO, Jane McNally

Inside Retail

In this edited podcast interview with Australian Retailers Association CEO Paul Zahra, Camilla CEO Jane McNally discusses what makes the brand so unique, its online and digital growth, and its plans to expand internationally. . What process do you follow? It is a complicated process. It’s not a quick process.

Fashion 264
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Dunelm gives shareholders £132m payout from bumper year

365 Retail

Homewares chain Dunelm has announced plans to hand a £132 million payout to shareholders after profits soared despite the pandemic closing stores. But bosses at the firm said there are still no plans to hand back any of the £22 million saved from the Government’s business rates holiday. We’re taking a balanced approach. “We

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15 Facts You Need to Know About StockX the Billion Dollar Resale Platform

Indigo 9 Digital

Traditional retailers are not sitting back watching this market grow. In 2019 Foot Locker invested $100 million in resale platform GOAT, its largest investment ever at the time. StockX is now valued at $3.8 For example, a pair of Travis Scott x Air Jordan 1s retailed at $175 but sold for $800 on StockX.