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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.

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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

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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? What’s most important is the ability to look beyond existing silos and think critically about how simple improvements to markdown planning processes can help the company’s supply chain leaders hit their KPI targets.

Markdowns 262
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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. The best retailers gain even more of an advantage by having data-driven, well-planned retail assortment strategies. This way you can rely on regular purchases with little worry of retaining dead stock.

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

Inside Retail

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. The brand endeavours to buy dead-stock from larger brands, which it redesigns into its own pieces. Nixon added that the brand is constantly striving to improve its sustainability efforts.

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Generative AI for Personalized Service and a Competitive Edge in Ecommerce

Retail TouchPoints

This involves inputting key words that can result in a dead link or generating unwanted products in some cases. By analyzing past sales data and using machine learning algorithms, businesses can ensure that they have the right products in stock at the right time.

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

Retail TouchPoints

The pop-up’s design scheme was carefully planned to illustrate how strongly a luxury retail offering built by Black creatives, and orchestrated by three Black women, resonates with consumers. It can’t be dead stock or something that they had for two years. It has to be relevant,” said Tori Nichel. “

Consumer 321