Remove retail open-to-buy-plans
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Open to Buy Retail Planning Done Right

Retalon

If you have ever planned a family budget, you will easily understand Open to Buy (OTB). There are two types of families in household budget planning: those who operate on a tight budget, where planning is essential, and those for whom purchasing what they like at the moment is a priority, with budgeting taking a back seat.

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Best Buy CEO Promises Enhanced Personalization, Physical Store Upgrades in FY2025

Retail TouchPoints

Best Buy will leverage its membership-based loyalty program to sharpen personalization efforts for its 2025 fiscal year, which began Jan. The retailer “will be removing physical media and updating our mobile, digital imaging, computing, tablets and smart home departments,” said Barry.

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Nick Scali to acquire Fabb Furniture to enter UK

Inside Retail

Furniture retailer Nick Scali is entering the UK market through acquiring Anglia Home Furnishings, trading as Fabb Furniture, for £3.5 The post Nick Scali to acquire Fabb Furniture to enter UK appeared first on Inside Retail Australia. million ($6.7 million of working capital.

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Walmart Closes all 51 Health Centers, Calling Business Model ‘Unsustainable’

Retail TouchPoints

Walmart has ended its five- year effort to become a direct health care provider, announcing plans to close all 51 Walmart Health centers across five states and shutter its virtual care offering. Health care providers will continue to serve patients while the clinics remain open.

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Aldi Deploys Supply Chain Solution to Centralize and Manage Global Shipping and Logistics

Retail TouchPoints

Aldi International Buying Asia , the discount supermarket’s Hong Kong-based hub for sourcing Asian products and global ocean freight logistics, has adopted the One Network Intelligent Control Tower on the solution provider’s Digital Supply Chain Network. In the U.S.,

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Silly Solly’s plans 10 more stores as it moves to franchise model

Inside Retail

Aussie discount retailer Silly Solly is on a growth trajectory, with plans to expand as a franchise, after shifting from a licensing model. We would like to open 10 stores a year. Silly Solly’s has excelled in a bricks-and-mortar retail environment of extreme uncertainty.

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Treat, no Trick: NRF Forecasts Halloween Spending will Hit Record $12.2 Billion

Retail TouchPoints

billion , according to a National Retail Federation (NRF) and Prosper Insights & Analytics survey. Consumers will be shopping early for festive décor and other related items, and retailers are prepared with the inventory to help customers and their families take part in this popular and fun tradition.” set in 2021.