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

Inside Retail

Temple & Webster also has plans to achieve $1 billion in annual sales within the next three to five years. It plans to increase its brand spend in the upcoming financial year. However, in this macroeconomic environment, customers are particularly responsive to a high-value offering. “We

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What’s in Store for Grocery in 2022?

Retail TouchPoints

Meanwhile, rising energy, shipping and labor costs means higher prices for many grocery items. He leads Halla’s strategic vision, growth plan and value offering, and works to build robust, symbiotic relationships with customers, vendors and investors. Merchandise assortments will shrink dramatically.

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Wiser Insights: Navigating 2023’s Online Back-to-School Retail Trends

Wiser

The convenience, variety, and value offered by online platforms presents a compelling proposition for consumers. One-fourth of consumers also reported that they planned to spend more on back-to-school shopping this year due to their need for bigger-ticket items such as computers, phones, calculators, or furniture.

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Black Friday & Cyber Monday 101

Independent Retailer

While there certainly will be bargains offered, and there are still shoppers that plan their budgets and schedules around the discount event, overall, the joy of BFCM has been diluted, according to LoyaltyLion ’s most recent survey. This means retailers need to rethink their BFCM sales and assess the deals they offer.

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How to Write a Price Increase Letter + Examples

Small Biz Trends

Don’t let your loyal customers learn your plan to increase prices from anyone but you. Due to global inflation and unforeseen shipping and raw materials costs, our business will be making a small price adjustment to [Produce or Service] by [$Amount]. Template If You Plan to Raise Prices. Be Firm and Authoritative.