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Why NPS Falls Short in Ecommerce, and the Case for Earned Growth Ratio as a Better Metric

Retail TouchPoints

And while understanding customer satisfaction is crucial, traditional methods like Net Promoter Score (NPS) have limitations that can actually lead to the opposite of intended outcomes if not applied carefully. Tracking EGR becomes a little more challenging for businesses that are reliant on wholesale channels.

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You Can’t Spell Retail Without AI

Retail TouchPoints

Online retailers are using AI to create intent-based promotions. AI helps grocery managers optimize staff, advising on how many employees and checkout lanes are required. It can also increase self-checkout, reducing the number of employees required to keep the store running effectively.

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Kiwis ‘not served well’ by grocery duopoly, but report reactions mixed

Inside Retail

Several submissions advocated splitting the wholesale and retail arms of the two players, Woolworths NZ and Foodstffs, thus reducing their ability to influence prices through convenience stores and independent retailers. Requiring grocery retailers to display unit pricing in a consistent format.

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Four Ways Retailers can Leverage Generative AI to Transform their Business Today

Retail TouchPoints

retailers plan to use technology and automation for their critical behind-the-scenes work, like inventory, orders, payroll and invoicing — as well as for more customer-focused needs like communications, marketing, loyalty and checkout. Square’s Future of Commerce report noted that 91% of U.S.

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Hancocks unveils revamped store

A1 Retail

Confectionery wholesaler Hancocks is relaunching its Newcastle store with a big instore event to mark the occasion. Checkouts, aisle end boards, promotion areas and lighting have all been replaced to make the customer experience even better, and the store has been painted inside and out.

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Hancocks unveils revamped store

A1 Retail

Confectionery wholesaler Hancocks is relaunching its Newcastle store with a big instore event to mark the occasion. Checkouts, aisle end boards, promotion areas and lighting have all been replaced to make the customer experience even better, and the store has been painted inside and out.

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Chemist Warehouse founder Jack Gance shares the secrets to success

Inside Retail

When I went back to the business we had 35 stores, all with different names, which were fundamentally run by the wholesalers who did it for their benefit, not for the benefit of the retailer,” Jack explains. They would promote products that were giving them the biggest margin, but not necessarily the biggest margin for the retailer.