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Ethical Commerce: How to Overcome 3 Top CSR Hurdles (With Examples)

Retail TouchPoints

This category includes discount stores, mass merchants (“big box stores”) and businesses focused on specialty hardlines. By managing all waste and recycling through Rubicon, Best Buy has diverted 78% of its waste away from landfills. Grocery and convenience stores, along with other food outlets, comprise this sector.

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

Inside Retail

Discount retailer The Reject Shop has returned to profitability in FY23 as cash-strapped customers shop for lower-priced goods. million with comparable stores sales growth up 4 per cent. Overall sales increased 5.8 per cent to $819.3 Tax-paid profit grew 63.4 per cent to $10.3

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The Reject Shop CEO quits, interim chief named

Inside Retail

Under Andre’s leadership, The Reject Shop’s corporate culture has been reset, the business has returned to profitability with a lower cost base, the balance sheet is strong and the store network continues to expand. CTS has 80 stores combining everyday low prices and seasonal merchandise.

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Retail Trends to Pay Attention to in Charts

Indigo 9 Digital

eCommerce returns. The volume of returns are increasing and retailers are struggling to figure out how to manage the cost of those returns. It can cost a retailer between $10 to $20 per order to process a return and this cost does not include shipping. Source: eMarketer. Consumer financial challenges.

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Retailers’ Big Opportunity? ‘Create New Shoppers,’ Advises Kantar SVP

Retail TouchPoints

consumers to return to some version of normalcy, global sentiment is still mixed, according to Kantar’s Wave 9 survey of more than 10,000 people across 20 countries. Anxiety rates undoubtedly influence consumer behaviors, especially shoppers’ willingness to return to large physical spaces such as malls.

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Retail spending strong in late 2022, but signs of slowing emerge

Inside Retail

It shows that a return to the first ‘normal’ summer break since the pandemic supported general spending in December, with the Index rising moderately as the year ended. However, in January, the typical post-Christmas decline in retail spending was one factor pushing the Index 6.9 per cent lower for the month.

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McMillon says, ‘We can do more’

Mass Relators

Over the course of the last decade, the company that began as a general merchandise discount store operator has entered several new fields, including financial services, technology development and health care clinics, to name just a few. store managers. He added that turnover among managers has stabilized since 2022.