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How Temple & Webster plans to use AI, private labels to reach $1b in sales

Inside Retail

Temple & Webster also has plans to achieve $1 billion in annual sales within the next three to five years. It plans to increase its brand spend in the upcoming financial year. However, in this macroeconomic environment, customers are particularly responsive to a high-value offering. “We

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What’s in Store for Grocery in 2022?

Retail TouchPoints

Outfits like GoPuff, Gorillas and 1520 took the grocery market by storm in 2021, offering a limited menu of consumables, delivered to your door in an incredible 30 minutes or less (and commanding multi-billion dollar valuations in the process.) Merchandise assortments will shrink dramatically.

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Wiser Insights: Navigating 2023’s Online Back-to-School Retail Trends

Wiser

The convenience, variety, and value offered by online platforms presents a compelling proposition for consumers. One-fourth of consumers also reported that they planned to spend more on back-to-school shopping this year due to their need for bigger-ticket items such as computers, phones, calculators, or furniture.

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Black Friday & Cyber Monday 101

Independent Retailer

Autumn is upon us, and so many consumers enjoy the rituals of this season — apple picking, leaf peeping, and pumpkin spice lattes. consumers and asked them how they perceive BFCM and the shopping experience during this time. consumers have developed a level of skepticism about the BFCM event. consumer over BFCM.

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How to Write a Price Increase Letter + Examples

Small Biz Trends

Even if consumers understand the price increase, it still could impact their buying decisions. You can soften the blow and help ease the minds of your existing customers by offering a professional price increase letter, explaining the decision, and thanking them for their continued business. Template If You Plan to Raise Prices.