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Wesfarmers eyes silver linings in subscription, health and beauty

Inside Retail

Wesfarmers is expecting to invest a further $100 million into Catch Group in operational expenses over the next year, setting the foundations of a stronger digital platform for the wider group. The post Wesfarmers eyes silver linings in subscription, health and beauty appeared first on Inside Retail.

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Why growth is slowing at e-commerce giant Shopee

Inside Retail

We will be more tightly managing our operating expenses, such as marketing costs and logistics costs, while also gradually increasing monetisation across various income streams, with a focus on the high-margin ones.”. More ominously, competition is heating up in the categories that are Shopee’s strong suit.

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Defining a Post-Pandemic Era of Beautiful, Efficient, Eco-Friendly Collaboration Centers

Cisco Retail

These Collaboration Centers — apart from being beautiful — look to take on three areas: a more sustainable work environment, a digitally transformed office , and a comfortable, safe and inspiring environment for customers and employees to meet.

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

Retail TouchPoints

We have a lot of work ahead to further improve our business operationally, and our first steps are to rationalize corporate overhead and operating expenses,” said Yan in discussing the aforementioned planned job cuts. ‘Rationalizing’ corporate overhead. “We The cuts are expected to cost the company approximately $8.7

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Jason & Scot Show Episode 299 – Thanksgiving Week 2022 with Rob Garf of Salesforce

Retail Geek

Rob: [37:15] Yeah absolutely well again there is a correlation between performance and discounts at least from a top-line perspective and so yeah we saw some strong performance in health and beauty for sure. We also saw in consumer electronics.

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Pricing power: Retailers respond to tariff turbulence with steep price hikes

Inside Retail

Due to recent changes in global trade rules and tariffs, our operating expenses have gone up, Shein said in a statement. According to Bloomberg , the average price for the top 100 products in the beauty and health category at Shein has surged by 51 per cent since last Thursday, with several of the items more than doubling in price.

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Shein raises US prices by up to 377% as Trump tariffs take hold

Retail Gazette

Prices for Sheins top 100 beauty and health products rose by an average of 51%, while home and kitchen goods, along with toys, climbed by around 30%. The two platforms added that their operating expenses have gone up due to recent changes in global trade rules and tariffs.