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Milkrun seeks investment as a perfect economic storm hits instant delivery

Inside Retail

That reticence was backdropped by significant operating costs at Milkrun, which eschews the independent contractor model and uses employees to deliver groceries. At the same time, the return of in-person shopping after Covid-19 restrictions bit into the sector’s lockdown-era market share.

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Wish Sold to Asian Ecommerce Platform Qoo10 for $173 Million

Retail TouchPoints

ContextLogic CEO Joe Yan said that he expects the acquisition to be beneficial to both Wish’s sellers and its shoppers: “Integrating the Wish platform into Qoo10 will create a true global cross-border ecommerce platform to support the massive market demand ,” said Yan in a statement. The very next month Temu debuted in the U.S.

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It’s Not Really Free Delivery!

Hyken

But some brilliant marketers must think the public won’t know the difference. How often are we told a company offers free delivery, free returns, free refills on soda … you get the idea. It’s in the price you pay. I’m okay with that, and it’s actually a pretty good marketing strategy that works. It’s not really free.

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Target, Macy’s and Dollar Tree Prep for a Tough Year Despite Holiday Success

Retail TouchPoints

Now that supply chains have stabilized, Target is focusing its investments on areas that will help it compete in an increasingly tight market. Dollar Tree’s outlook includes about $430 million in operating expenses across a number of investments, including plans to increase average wages by $2 per hour. “We

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Have Temu and Shein Thwarted Wish’s Hopes of a Comeback?

Retail TouchPoints

After several years of declines and a host of executive switch-ups (particularly in the CEO role), Wish began a major overhaul of its business (still underway) and launched a marketing blitz to “reintroduce” itself to consumers in August 2022. The very next month Temu debuted in the U.S. The overall on-time delivery rate was 91%.

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Walmart posts 9.2% comp sales gain in Q3

Mass Relators

Consolidated operating expenses as a percentage of net sales declined 4 basis points reflecting strong sales growth and lower expenses for COVID-19, offset by investments in wages. Consolidated operating income was $5.8 We gained market share in grocery in the U.S., and a shifting international format mix.

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How A Bridging Loan Can Sustain Your Retail Business

365 Retail

The retail industry is one of the most competitive players, with only a few corporations that occupy the highest market share. As an entrepreneur, you’ll need to know your competitors and customers, use social media marketing, and improve your branding. Your employees are valuable assets of your retail company.