article thumbnail

Interview: How Chinese giant Miniso is planning to take over the UK

Retail Gazette

Retail Gazette sits down with chief operating officer Saad Usman to talk about Miniso’s UK plans. The store also stocks kitchen accessories, homewares, electronics, snacks and drinks, as well as the brand’s newly launched makeup and fragrances collection. In fact, two new UK stores will open before Christmas.

Planning 121
article thumbnail

Is the DTC business model dead, or just evolving?

Inside Retail

Like many trends, the discourse around DTC is a rollercoaster, ranging from ‘DTC is dead!’ Analyzing over 80 different rigorous peer-reviewed studies on DTC, we discovered a few common insights that prove the DTC model isn’t dead, it’s just evolving and, in fact, it could still be a great way for smaller brands to build customer engagement.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Improving Markdowns Will Impact Your Most Important Supply Chain KPIs

Retail TouchPoints

So why should these teams expand their focus to consider markdown planning in addition to their already full slate of targets? An overly broad approach drives benefits in some locations, but would likely drive down performance KPIs at other locations because the approach is not localized enough.

Markdowns 220
article thumbnail

How pop-ups helped inform Kat the Label’s new flagship store in Melbourne

Inside Retail

From pop-ups to a permanent location. It’s a central location where people can travel here, but there’s also enough eyeballs on it to make it worthwhile from a brand awareness point of view,” Metcalfe said. It will also continue its pop-up stores, with an opening planned in Los Angeles next year, and a Gold Coast pop-up on the horizon.

article thumbnail

Retail Assortment Strategies: What Are They & How Do They Work?

Wiser

These are all examples of an optimized assortment plan. Too wide and you’ll end up with leftover dead stock. Successful retail assortment strategies will take many different factors into account, such as customer base, location, store capacity, etc. What Are Retail Assortment Strategies?

article thumbnail

How EMERGE in Color’s Design Connected Black Creatives With Luxury Consumers

Retail TouchPoints

in addition to including a virtual live shopping component to make the experience available digitally in order to reach more luxury consumers wherever they are located. It can’t be dead stock or something that they had for two years. It has to be relevant,” said Tori Nichel. “

Consumer 321
article thumbnail

Understanding Furniture Inventory Management Software in 2023

Retalon

For executives in planning and merchandising roles, this leads to sleepless nights and the nagging feeling there must be a better way. Powerful analytics help you optimize stock levels to drive sales, improve margins, and increase customer satisfaction. This visibility enables you to identify and correct issues with dead stock.