Remove Discount Store Remove Location Remove Marketing Remove Promotions
article thumbnail

Category Insights Report: Dollar Stores Redefine Themselves with Enhanced Merchandising and Mobile Apps

Retail TouchPoints

Once largely associated with lower-income households, dollar stores are now becoming retail staples even for more affluent households, inspiring retailers in these categories to invest more heavily in marketing, merchandising and technology innovation that will help them differentiate.

article thumbnail

Independence Day Trends: What Consumers Purchased Fourth of July 2023

Wiser

This way brands and retailers know what kind of market climate they are dealing with instead of going in blind. In fact, just this year, Salt Lake City, Utah made the switch over from fireworks to drones in order to promote safety after a record number of wildfires. percent since May of 2022.

Consumer 148
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 can department stores pivot ahead of a spending decline?

Inside Retail

It’ll be those discretionary categories – [such as] footwear, clothing, accessories and possibly even consumer electronics that will struggle [to] make gains in the market,” Mortimer said. He said that both brands have cut costs, right-sized by closing stores and exiting leases, and expanded on its private label ranges.

article thumbnail

Amidst high inflation, sari-sari stores are the lifeline for all Filipinos

Inside Retail

Prices are rising around the world, but while markets such as the US, UK and Australia are battling inflation rates of between six and eight per cent, consumers in the Philippines are paying as much as 15.62 Sari-sari stores are essentially neighbourhood stores, which figure prominently in lower-middle-class locations in the Philippines.

Consumer 130
article thumbnail

Meet the new online outlet mall targeting Gen Z and millennial consumers

Inside Retail

Another differentiator between TheDOM.com and existing discount platforms is the fact that it aims to consolidate all off-price activity in one location. From tactical promotions, to markdowns, to engineered lines – similar to what you might see in an outlet mall, for example – all the way through to clearance,” Seskin said. “If

Consumer 246
article thumbnail

7 Price Planning Tips to Maximize Retail Profits (2020)

Retalon

Get Granular With Unique Product / Locations What does this mean for price planning? Optimize Prices for Each PLC Stage Product Introduction (Initial Pricing) In-Season Promotions End of Product Life Cycle What does this mean for price planning? A discount store for bargain hunters? Are you positioned as a luxury brand?