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Poundland steps up drive to revamp stores and widen ranges

Retail Focus

Over 350 stores have already had Project Diamond makeovers in the last three years, bringing chilled and frozen food and more PEP&CO clothing and home departments to those locations. Poundland plans to unveil its ambitious store opening plans for 2023 early in the near year.

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The Reject Shop sales increase, consumers favour low-priced consumables

Inside Retail

Acting chief, Clinton Cahn, said the business is currently focused on improving its merchandise offering, expanding its national store network, and managing gross profit margin and the cost of doing business while investing in strategic projects to enable efficiencies in the short term.

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Walmart Eliminates Hundreds Of Jobs Throughout U.S. Division

Retail TouchPoints

Social media posts, and the fact that five EVP-level executives and the SVP who runs Walmart’s Health & Wellness clinics all made announcements, suggest that personnel at all levels and locations are being affected. Discount Stores were cut from four to three. The bulk of the winnowing was done at the regional level.

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What is Price Management and Optimization?

Retalon

Price optimization and price management are terms that often are used interchangeably, but they are not the same thing. When used properly, both price management and price optimization can substantially affect a retailer’s profitability. You cannot optimize prices without managing them, however.

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How to Manage Your Retail Operations When You’re in Growth Mode

Wiser

In 2018, it seems like we constantly see headlines about retailers that are shutting down a large number of their store locations throughout the U.S. stores after 70 years of business. These smartphone missions allow you to gauge shopper sentiment, especially as you attempt to open new locations. .

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Back in the black: The Reject Shop reports 63 per cent profit growth

Inside Retail

The business opened 15 new stores during the year predominantly in neighbourhood and strip locations in both metro and country areas and closed four. There are plans to close up to 10 stores in the current year.

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The Reject Shop profit jumps 643 per cent as restructure moves past ‘reset’

Inside Retail

million, as lockdowns around the country caused shoppers to avoid public spaces, with many of the businesses stores located in shopping centres and CBD locations: areas hit particularly hard by movement restrictions. Total sales in the chain fell 5.1 per cent over the course of FY21 to $778.7

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