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Exclusive: The thinking behind Coles’ revamped Chadstone flagship store

Inside Retail

Located within Chadstone shopping centre, the largest shopping centre in Australia, the tweaked design comes as Vicinity Group invests in making Chadstone a renowned food destination in addition to being known as the nation’s “fashion capital.” Internally, the project involved “a huge amount” of cross-functional support.

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B&M beats lockdown peak as profits boosted by new store openings

Retail Gazette

B&M has beaten its lockdown peak, thanks to new store openings and continued demand for its value offer from cash-strapped shoppers. The value retailer’s statutory pre-tax profits jumped 14% to £498m in the 53 weeks to 25 March, up from £436m. It currently has 741 shops.

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Why Understanding Modern Banking Products Adds Value to High-End Retail Strategies

Retail Focus

It’s not really like you’re only into selling luxury items; you have high-value offerings about tailored experiences that can speak volumes to financially savvy elite customers. It will also allow you to offer tailored incentives or rewards to customers who are CMA account holders.

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Asda to open over 80 Express stores in December

Retail Gazette

Asda has opened a record number of its Express stores this month, with 81 new shops launching in December. The bulk of the stores are conversions of some recently bought Co-op and EG UK sites, but eight standalone Asda Express shops have also made their debut.

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M&S trials discounted prices for Sparks members

Retail Gazette

Limited trial of Sparks Prices underway pic.twitter.com/hlkP0sfl7V — Bryan Roberts (@BryanRoberts72) June 28, 2023 It is the latest value offer from the grocer, which revealed last week it was extending its price lock promise on 150 products through to the autumn.

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How Temple & Webster plans to use AI, private labels to reach $1b in sales

Inside Retail

However, in this macroeconomic environment, customers are particularly responsive to a high-value offering. “We Customers start caring about every dollar they spend, do more research and are looking for value. Rather, it’s a relatively non-discretionary product that’s typically bought on a need, rather than want, basis.

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Top Retail Marketing Tools to Boost Your Business

Rain Pros

Use the right tools in a strategic manner and you’ll succeed in convincing your target audience to choose your retail business over others even if your prices and value offering are similar to those competitors. Customer Relationship Management (CRM) System The relationships you build with customers dictate the fate of your business.