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Maximizing Profitability: How to Improve 4 Key Areas of the CPG Product Lifecycle

Retail TouchPoints

Consumer packaged goods (CPG) companies are obsessed with two things: maximizing revenue and minimizing operational expenses. More effective promotions. But for those promotions to accurately target the right consumers at the right time, CPG companies need data and analytics to better understand shifting consumer trends.

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Balancing Customer Loyalty in an Age of Growing Business Costs

Retail TouchPoints

Explain the effect of rising costs of raw materials, operating expenses and other factors impacting the business; Evaluate and minimize : Assess those products most sensitive to price hikes and prioritize them, minimizing upward adjustments on core/essential items that customers value the most.

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

Retail TouchPoints

We were competitive but measured in our promotions, took strategic markdowns and intentionally did not chase unprofitable sales. 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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CEO Anthony Heraghty discusses Super Retail Group’s half-year results

Inside Retail

The group has invested about $10 million in operating expenses into its personalisation offering, in order to launch new loyalty programs and personalisation offers using first-person data. “For us, that doesn’t create problems as the underlying demand is there. It’s just that the nature of the demand has changed.”

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SBA Asking for Input on COVID Grants and Loans for Small Business

Small Biz Trends

SBA Express Bridge Loans offered small businesses affected by Covid-19 to get up to $25,000 to cover operational expenses. The Shuttered Venue Operators Grant (SVOG) program offers over $16 billion in grants to shuttered venues, to be administered by SBA’s Office of Disaster Assistance.

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5 Ways To Maximize Retail Business Financing

Retail Minded

Promoting your products or services can take a big cut on your budget. With the number of people on social media, it only makes sense to promote your goods and services online. Promotional Branded Merchandise: Most customers love receiving free merchandise, especially if they’re useful, high-quality items. Lower Your Expenses.

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How A Bridging Loan Can Sustain Your Retail Business

365 Retail

Cash is an essential retail business component since it assists the flow of its day-to-day operations. That said, you’ll need to regularly generate sufficient cash from your activities so you can pay your operational expenses.