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Chinese retailers’ pricing strategy risks ‘vicious cycle’ of low margins

Inside Retail

Andy Yang, a student in Beijing, recently went to Hailao Huoguo with friends and planned to switch from Haidilao in the long run. “I’m graduating next year but I still don’t have any good job offers. For me, the cheaper the better,” he said.

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Reebok Pacific GM talks new Chadstone store and growth plans down under

Inside Retail

Then, as part of our longer-term plan, we will look to expand to other locations. The plan is to support the concepts with outlets in similar areas. IR: Are you also able to discuss how Reebok is planning to combat intense cost-of-living pressures at the moment? AS: We’re absolutely seeing signs of it, as everyone is.

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The Data Dilemma with Retail Pricing and How to Untangle it

Retail TouchPoints

Many retailers are worried that they don’t have all the data at their fingertips, like product data, customer data, transactional data, when items sold, on what device and more. Begin with what you have and build a plan to fill in the gaps. Everyone starts somewhere, and it’s OK wherever you are at in your data journey.

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8 key points to master your range planning

Inside Retail

Range planning: Significant enough in the buying and merchandising cycle to send a shiver down the spine of your team when the new season rolls around. But, range planning doesn’t have to be intimidating, after all, it can be a very prudent task once your stylish and financial ducks are in a row. Pricing & margins.

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Five Steps to Achieving a Perfect Retail Plan

Retail Smart Guys

The planning of retailing process requires vigorous efforts, data, research, and in-depth analysis to ensure its fruition in optimizing your retail stores. To guide your way to developing a retail planning process, here’s a five-step approach to get you started. A robust retail plan is not what it all takes.

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City Chic posts solid sales growth, especially in the US

Inside Retail

Phil Ryan, CEO and MD of City Chic, said the business adapted to overcome challenges presented by the pandemic and still pursue its growth plans. “To To ensure sustained growth into the future, we established a sophisticated global distribution network through our own websites and a global partner network.

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Best Practices for Selling on Amazon You May Be Missing

Retail TouchPoints

Your business needs a plan to sell on Amazon — not having a plan is a very bad plan! Formulate your strategy after researching which platform options you want to leverage, what your competitors are doing on the channel, determine your optimal price point and how you plan to fulfill orders.