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Business Growth through Digital Transformation: The Case of Premium and Luxury Brands

Retail Focus

In a world where consumers’ behaviours, expectations, and preferences are rapidly changing, premium and luxury brands are faced with a unique challenge – how to preserve their identity and exclusivity while adapting to the digital age (Purwar 2019).

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Luxury Retail Phygitalisation: Blending Tradition and Technology in the Digital Age

Retail Focus

Luxury retail has undergone a significant transformation driven by digital technology and changing consumer expectations. Luxury brands have been forced to innovate quickly to meet changing consumer preferences due to the COVID-19 pandemic, which has accelerated the adoption of these technologies.

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Health crisis: what impact on supply management in points of sale?

M19 Retail

With the development of e-commerce, consumers can buy anything, anywhere, anytime. Another trend is the downsizing or resizing of certain stores by reducing the surface area: the breadth of the resized store’s offer must then be reduced and adjusted to the store’s specific clientele.

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How Retailers Overcome Challenges of Seasonal Demand

365 Retail

Seasonal demand is the changes in consumer appetite that naturally occur at different times of the year, such as around Christmas or Black Friday. These fluctuations have their roots entwined with consumer preferences and behaviours stemming from cultural, economic, or climatic aspects. What Is Seasonal Demand?

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5 Critical Omni-Channel Fulfillment Strategies (and How to Avoid Mistakes)

Retalon

The world’s most successful retailers don’t just choose one, they leverage a combination of strategies, based on the needs of their clientele: 1. Buy online pick up in store (BOPIS). In fact according to Business Insider , 94% of consumers pick up additional items when coming into the store. 2. Third-party fulfillment (3PL).

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How Mistakes in Fulfillment Strategy are Hurting Your Retail Business

Retalon

The world’s most successful retailers don’t just choose one, they leverage a combination of strategies, based on the needs of their clientele: 1. Buy online pick up in store (BOPIS). In fact according to Business Insider , 94% of consumers pick up additional items when coming into the store. 2. Third-party fulfillment (3PL).