Inside Retail
FEBRUARY 21, 2024
With cost of living pressures remaining elevated, customer demand remained robust for low-priced consumables that represent great value, particularly branded products,” the firm said. Meanwhile, general merchandise sales were down, with planned lower average selling prices largely offset by strong unit volume growth. million, down 16.1
Retail TouchPoints
APRIL 5, 2024
The demise of 99 Cents Only points to a larger weakness in the dollar-store category, Brad Thomas, Equity Research Analyst at KeyBanc Capital Markets told Yahoo Finance , pointing to Dollar Tree ’s plans to close nearly 1,000 locations over the next several years.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Retail TouchPoints
NOVEMBER 10, 2022
While that may seem odd to say, given the extent that ecommerce now pervades most consumers’ everyday shopping, the current hot take from some industry analysts is that ecom growth has slowed and brick-and-mortar retail is on the rise. Whilst a provocative headline, that’s not exactly what we’re seeing on the ground.
Retail TouchPoints
JANUARY 10, 2024
There’s been a lot of talk recently about retailers reporting lower-than-expected earnings due to inventory shrinkage. According to the Corporate Finance Institute , “Inventory shrinkage occurs when the number of products in stock are fewer than those recorded on the inventory list. What does this mean exactly?
Retail TouchPoints
JUNE 15, 2022
Controlling traffic volume and giving the perception of control and exclusivity to the consumer is one way to make the most out of each square inch. To curb shrinkage, self-pay via an app is used to let shoppers and guests purchase items themselves. Meanwhile, 34% of millennial and Gen Z consumers are interested in livestream shopping.
Retail Focus
AUGUST 8, 2023
This frees up your time to focus on strategic decision-making, financial planning, and growth initiatives. Payroll Processing Handling payroll intricacies can be time-consuming and complex for retailers. This liberates valuable time for retailers to concentrate on core business activities and strategic planning.
Inside Retail
MAY 25, 2023
Factoring in the roughly US$700 million of inventory shrinkage that occurred in 2022, mainly attributed to retail crime, the company is on track to lose up to a total of US$1.2 The everyday consumer experience will drastically change with less stock readily available to be viewed on the showroom floor,” he concluded.
Expert insights. Personalized for you.
255 
Let's personalize your content