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In Bankruptcy, Brooks Brothers Explores Sale, Closes 50+ Stores

Retail TouchPoints

Brooks Brothers already has decided to close approximately one-fifth of its roughly 250 locations in North America. Those stores were located in Darien and Westport, Conn.; Approximately 250 Brooks Brothers stores are located outside the U.S. Eight have already been permanently shuttered, according to Business Insider.

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2024 Industry Trend Guide

Storis

Retailers are also offering services within their spaces. Netflix itself is opening retail locations aligned with its latest shows. In-store events, competitions, and merchandise vignettes that are social-media-worthy or gamified can compel families to visit retail locations, while savvy merchandising can capture impulse sales.

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10 Best Discount Strategies for Fashion E-commerce Retailers

I Love Fashion

It’s offering a discount , one of the most fulfilling selling strategies every business does. Turn regular customers into long-term loyal clientele. By offering bulk discounts, retailers can fulfil the consumer’s needs along with boosting their profit. Chance of boosting more than 2x sales within a certain period.

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13 Retail Marketing Tips For Small Businesses In 2023

Retail Minded

Take it a step further: For a relatively hands-off online strategy, it doesn’t get much easier than using Amazon’s Fulfillment by Amazon (FBA) program. Here are a few ideas: Post an Instagram giveaway with a bundled prize package including goods and services from both your businesses in exchange for follows. Nearly 80% of U.S.

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New Research: Retailers Plan to ‘Invest Their Way’ Through Impending Recession

Retail TouchPoints

Implementing new omnichannel technologies at brick-and-mortar locations in particular appears to be a big focus for the year, as retailers look to capitalize on increased footfall to offset smaller basket sizes.

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4 Key Point-of-Sale Trends for 2024

Retail TouchPoints

The centrality of the POS has led both retailers and solution providers to integrate it with other fundamental operational systems, from inventory and order management to customer relationship management (CRM) and, of course, payments. The future likely holds a hybrid model where self-service POS coexists with traditional systems.