Remove retail break-even-point
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Retail lobby groups welcome RBA’s decision to pause interest rate hike

Inside Retail

Both the National Retail Association (NRA) and the Australian Retailers Association (ARA) welcomed the Reserve Bank of Australia’s (RBA) decision to leave the cash rate target unchanged at 4.1 ” The NRA hopes the RBA will start easing interest rates in the New Year so retailers can enjoy their profits from the sales period. .

Returns 278
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Why the founder of Culture Kings wants retailers to sell with emotion and magic

Inside Retail

Culture Kings is an Australian retail phenomenon, what started as a Carrara market stall in 2008 evolved into an international retailer being listed on the stock exchange with a $600 million valuation.

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CI&T Research: Price-Conscious Consumers Still Want Stellar Shopping Experiences

Retail TouchPoints

As a result, brands and retailers have had to up their game for their omnichannel strategies to ensure they have the new features and functionality that consumers require to find the best products at the best price. The 2024 Connected Retail Report includes a survey of 1,012 U.S. Will 2024 be the Year of the Mobile App?

Consumer 261
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How Retail Tech Solutions Address Stadium Concessions Gripes

Retail TouchPoints

The retail technology revolution has brought forth many new innovations such as palm scanning and AI chatbots over the last few years, all of which have sought to meet the same goal: improving the customer experience. In some sections at SoFi, you can even order online and have food and drinks delivered right to your seat.

Checkout 259
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Wallets, Waits and Weariness: Use Mindful Messages to Connect

Retail TouchPoints

Customers’ expectations are rising for the brands they do business with — whether that’s in response to an order delay or a breaking societal issue. With endless competitors vying for customer attention and dollars, earning and maintaining trust is truly the new ‘ brand equity ’ that drives loyalty and revenue even amid turbulent times. .

Shipping 295
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How RedMart by Lazada is navigating Singapore’s changing grocery market

Inside Retail

Among the highlights, it revealed that eight out of 10 Singaporeans still prefer shopping online for groceries, even in post-pandemic times. We have also seen an increasing focus for health and wellness, alternative protein products, dairy alternatives and alcohol-free products,” he told Inside Retail.

Marketing 246
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ThredUp Tests Consignment Fees, New Return Policies in the Pursuit of Profitability

Retail TouchPoints

Reinhart said the company hopes to reach adjusted EBITDA break-even by the back half of 2023. million , which the company attributed to the wider pullback in consumer discretionary spending as well as an influx of discounted product from other retailers during the holiday season.

Returns 269