Remove tag tax
article thumbnail

Harrods blames tourist tax as it swaps costly handbags with £250 versions in airport shops

Retail Gazette

Harrods has swapped out some of its most expensive handbags with £250 versions in airport shops as it accused Rishi Sunak’s tourist tax of deterring wealthy overseas customers. Following the decision, Mulberry revealed it would be shuttering its Bond Street store which first opened in 1995.

article thumbnail

Myer’s profit doubles during first half

Inside Retail

billion while tax-paid profit increased 101.4 As customers returned to in-store shopping, online sales fell 9.8 per cent tag rate. Audited results for the 26 weeks to January 28 show sales grew 24.2 per cent to $1.9 per cent to $65 million. per cent to $382.3 million, but they still contributed 20.3 per cent of overall sales.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Dan Murphy’s MD talks digital channels and drinks innovation

Inside Retail

Murphy opened his first bottle shop in 1952 in Chapel Street, Prahran, Victoria, and differentiated the business by offering a guarantee to beat competitors’ prices. We haven’t seen any indication of customers trading down when it comes to the products they shop for with us,” Pfeiffer-Smith said.

Location 244
article thumbnail

Social Commerce: Retailers (and Platforms) Struggle to Catch up With Consumers’ Enthusiasm

Retail TouchPoints

In the last two months alone, TikTok has rolled out dedicated “Shopping Tabs” for Shopify merchants, Twitter began a pilot of its “Shop Module,” and Pinterest made it possible for creators to “control the shopability of their content” by tagging products. Social Platforms Aren’t ‘Shopping-First,’ but Do They Need to be?

article thumbnail

12 Best Apps for Etsy

Small Biz Trends

Check out our list of the 12 best Etsy apps, and find out which one is perfect for your shop. READ MORE: How to Start an Etsy Shop. Benefits of Using an Etsy Seller App to Manage Etsy Shops. This is important when it comes to keeping your shop fresh and keeping your customers coming back. What’s the best Etsy app?

article thumbnail

Stratford-upon-Avon uses street art installation to mark William Shakespeare’s birthday and regenerate local high street

Retail Focus

These marks in the present day would be known as graffiti tags. In 2022, over 17,000 shops were permanently closed in the UK, a 50% increase on 2021 during the pandemic, and the UK Centre for Retail Research estimates that Retailers and Landlords will have to pay close to £1.1bn in the coming tax year to cover business rates on empty sites.

Shopping 130
article thumbnail

How to Move Your End of Season, Slow Moving, Overstock Merchandise with Sale Supplies and Smart Selling

Nahanco

This includes setting a goal, having a vision, and investing in the right sales supplies, including signs, tagging/pricing supplies, and display options. Invest in the right tagging supplies, including a tagging gun, fasteners (or barbs in the clothing industry), replacement needles for tagging gun, and merchandise tags.