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

Inside Retail

The most significant annual increases in retail were seen in specialty retail stores, alcohol goods, family clothing stores and discount stores. hsi To learn more about how CommBank can support your retail business visit commbank.com.au/retailers Google Trends is a trademark of Google LLC.

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Retail appointments of the week

Inside Retail

Aussie retail giant Barbeques Galore has just beefed up its team, welcoming on board Steve Gardner as general manager, retail and Rosie Alford as general manager, product. Gardner previously led the product team at the retailer and in his new role he will be overseeing the company-owned store network.

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Video Forum: Elliott Rodgers, Ulta Beauty

Mass Relators

Elliott Rodgers, chief information officer at Ulta Beauty, tells this week’s Video Forum about the various ways the specialty retailer is bringing technology to bear to help realize its strategic objectives.

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Roundtable: The ‘innovation debt’ in retail and how to avoid it

Retail Gazette

There’s a real need for retailers to invest today and innovate wherever possible to differentiate in a crowded and hugely competitive market.” Deann Evans, managing director EMEA for Shopify, says: “The reality is that retailers big and small can’t afford to sit on the sidelines. Complacency will kill your business.

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What is Inventory Turnover in Retail? (Formulas, Benchmarks, Examples)

Retalon

As a retailer, effectively managing your inventory is critical to the success of your business. One of the key inventory metrics retailers track is inventory turnover. It indicates how efficiently inventory is managed and whether excess inventory is tying up too much capital.

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Retail Statistics You Should Know

Small Biz Trends

According to a report , small specialty retail stores have a market size of $33.4bn in the US. Want to know more about small specialty retail store businesses in the country? In fact, an average marketer spends only 17% of their time on online reputation management. Loyalty and Rewards Stats. Image: Depositphotos.

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Jason & Scot Show Episode 316 Annual Predictions 2024

Retail Geek

A least one retailer has an AI based auto-replenishment solution with significant adoption. Bifurcation drives at least two more retail bankruptcies, including 1 national specialty retailer, and one general merchandise/dept store. two top 50 retailers) China companies focus more on West and get more traction.