November, 2022

How the Price Waterfall can Increase Profitability

IntelligenceNode

What is the Price Waterfall? The “Price Waterfall” is a price optimization tool (or technique of analysis) that allows businesses to identify hidden costs. It is used to calculate the. The post How the Price Waterfall can Increase Profitability? appeared first on Blog. Pricing Strategy

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Winners and losers of Black Friday 2022

Retail Dive

With inflation looming, consumers waited until the shopping event to get deals on categories like electronics and sought out financing options such as buy now, pay later

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Retail spending increases, consumers wary as rising costs bites

Inside Retail

Retail spending increased 12.5 per cent in October as consumers spent $35 billion both in-store and online according to new data from the Australian Bureau of Statistics (ABS). While year-on-year sales growth was strong, retail turnover fell by a marginal 0.2

Managing retail touchpoints for a positive customer experience

Retail Focus

The retail environment has witnessed many changes during the past couple of years. Having found out that “traditional” management tools have become less relevant, brands were forced to rethink their processes to survive, stay relevant and true to their audiences. .

Industry Shake-Up: 2023 Commerce Trends To Rock Your World

Speaker: Ashlee Aldridge - Reach Partners LLC | Bill Mirabito - Chameleon Collective | Ronak Shah - PSA Retail & CPG, Amazon Web Services | Wayne Teigen - Pivotree

Join this exclusive conversation with our expert panelists and learn how you can thrive as an e-commerce retailer - even when faced with adverse market challenges. Don't miss out; register today!

Top 4 Strategies for AI-Powered Profitability

Retail TouchPoints

Retailers today are faced with mounting pressure to maximize their bottom lines while maintaining cost expectations for consumers. But amid volatile market changes, ever-evolving customer expectations and increased competition online, this is increasingly challenging to realize.

If You Have Fears Of Recession 2022 for Retail, Take Hope

The Retail Doctor

You can’t open your browser without someone somewhere scaring you about an upcoming cataclysmic recession. recession

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Adidas creates ‘Virtual Gear’ product category as it preps for metaverse future

Retail Dive

The athletics brand also released its first collection of NFT wearables as it accelerates a “community-based, member-first, open metaverse strategy &rdquo

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How Sam Walton’s sundown rule makes me a better leader: Andy Chen, Comvita

Inside Retail

Before joining New Zealand healthcare brand Comvita , Andy Chen worked in HR and project management at Walmart for 10 years. We recently sat down with him to learn about his career highlights, best leadership tips and how he approaches the work-life balance conundrum in this day and age.

MUJI brings its sustainability focus to the forefront of its Angel Central store

Retail Focus

MUJI, the Japanese retail company specialising in household and consumer goods, has refurbished its Angel Central store. The improved 2,624sq ft space allows MUJI to bring its sustainability focus to the forefront of its Angel Central offer by championing ‘recycle and repurpose’ initiatives.

Klarna reveals shopper behaviour this Black Week as Friday approaches

A1 Retail

Real-time data for Monday, Tuesday and Wednesday morning reveals consumers are taking advantage of the Black Week deals as sales rises by 34% compared to last year.

How to Address the Needs of the Next Generation of e-Commerce Customers

Speaker: Jenn VandeZande, Head of Digital Engagement Strategy at SAP Customer Experience | Beth Scott, VP, Business Operations - Supply Chain | Nikki Grigsby, PHR, Chief Operations Officer at Syndigo | Levana Wang, Content Creator, Gen Z Expert

Join Jenn VandeZande, Beth Scott, Nikki Grigsby and Levana Wang for this insightful and topical conversation on the modernization of e-commerce tech.

TalkShopLive to Translate Window Shopping into Streetside Purchasing in NYC

Retail TouchPoints

Window shopping is a time-honored New York tradition, especially around the holidays when retailers pull out all the stops.

Sales of Small Businesses Slows in Third Quarter

Small Biz Trends

The latest BizBuySell Insight Report shows that after five consecutive quarters of year-over-year growth, small business sales activity has slowed. The number of closed deals reported in the third quarter of 2022 dropped by 2% from last year reaching 2,237. The third quarter of 2022 was also 4.5%

How retailers are connecting the metaverse to the real world and revenue

Retail Dive

Brands are diving into virtual environments to connect with young consumers. But are these digital spaces just billboards for brands, or can they have tangible benefits

Australia’s new Fashion Laureates revealed

Inside Retail

Camilla Freeman-Topper and Marc Freeman have been named Designers of the Year for their Camilla and Marc label in this year’s IMG Australian Fashion Laureate awards event in Sydney.

Retail Marketing in a Recession UK: 10 tips from experts

With a recession predicted, retail is often the hardest hit. Marketing is crucial to remain prosperous once economic difficulties have subsided, but investing in the right places is critical. Here are 10 expert tips for retail marketing in a recession.

Is the retail sector struggling or thriving in 2022? 

Retail Focus

With the likes of EY and Goldman Sachs predicting the UK will be in recession until at least the middle of next year, investors, workers, and bosses have all eyes on the economy. One area being watched with baited breath is the retail sector.

The Ins and Outs of Market Research

Wiser

It’s no secret that introducing a new product to the market can be extremely difficult. Coming up with the product idea feels like the first big hurdle, but the true challenge comes from a different step—doing your homework.

Lowe’s Sells Canadian Business to Sycamore Partners for $400 Million

Retail TouchPoints

Lowe’s has entered into a definitive agreement to sell its Canadian retail business to Sycamore Partners for $400 million in cash plus a performance-based deferred consideration.

How to Recover from Ransomware: Everything You Need to Know

Small Biz Trends

Ransomware attacks are increasingly targeting small business owners. And if you’re unprepared, a ransomware attack can devastate your business. This post will share everything you need to know about how to recover from ransomware. What Is Ransomware?

5 Essential Virtual Selling Practices Every Company Must Have by 2023

Speaker: Erika Bzdel - Vice President of Sales and Craig Simons - Director of Marketing

Join us on Sept. 13 at 9:30 am PT as Erika Bzdel, VP of Sales, and Craig Simons, Director of Marketing, discuss the virtual selling practices that every company should adopt, and how to succeed at selling in a hybrid world.

Sephora names Guillaume Motte its next CEO

Retail Dive

Motte, who used to be CEO of the beauty retailer’s Europe and Middle East division, starts in January

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City of Sydney confirms Chinatown revamp

Inside Retail

The City of Sydney council has approved a new plan to upgrade Dixon Street Mall in the Chinatown precinct, including spending $5 million on public amenities.

Dolce&Gabbana launches Holiday Market pop-up at Covent Garden

Retail Focus

Dolce&Gabbana has launched an exclusive London pop-up in the heart of the Covent Garden Piazza, as part of the estate’s wide-ranging festive shopping and dining experiences.

How Food and Beverage Brands Can Use Distribution Checks

Wiser

By the time most products reach the shelf, they have already traveled long distances, been in several shipping and transportation containers, and been handled by many different people just to make their way into the hands of the consumer.

Sustainability at Retail

As part of a global Sustainability at Retail initiative, Shop! worked collaboratively with its global affiliates to address critical environmental issues, outlined in this white paper.

New Shopping App TRYO Aims to Make AR Try-On More Accessible to Consumers and Brands

Retail TouchPoints

3D and AR design studio QReal is moving deeper into direct commerce with the launch of the new multi-brand, multi-category shopping app TRYO.

Does Your Business Need a Refresh? Experts Share Their Top Tips

Small Biz Trends

If you’ve been running your business for a while, you probably have lots of well-established processes in place. While these can improve efficiency, they can also make things a little stagnant.

Victoria’s Secret will acquire DTC lingerie company Adore Me for $400M

Retail Dive

The direct-to-consumer brand is one of many in the space that have challenged the intimates giant thanks to its inclusive sizing and fit technology

Ikea Australia to open sustainable living stores across network

Inside Retail

Ikea Australia will launch its new Sustainable Living Shop, an initiative to help consumers live more sustainably while potentially saving money on household expenses.

London’s First Crisp Pick ‘n’ Mix Pop-Up Arrives This November

Retail Focus

Simply Roasted announce the opening of London’s first ever Pick ‘n’ Mix bar dedicated solely to one of the nation’s favourite go to savoury snacks, crisps.

Iceland recreates Netflix Blockbuster with a frozen turkey

A1 Retail

Iceland has unveiled a new film worthy of a Royal premiere. The Turkey Crown. A retelling of Netflix’s The Crown.

Target Expands Curbside Convenience with Starbucks Ordering Option at Nearly 250 More Stores

Retail TouchPoints

Target is adding Starbucks options to its Drive Up curbside service at 240 stores in California, Delaware, Minnesota, New Jersey, New York, Pennsylvania, Texas, Washington and West Virginia. Shoppers can place orders and have their food and beverages delivered to them alongside their other items. .

These Small Business Grants Have a November Deadline to Apply

Small Biz Trends

There’s never a bad time to receive some extra business funding. However, the end of the year can be an especially critical time for many companies. As we head into the holiday season, there are many grant opportunities that can help small businesses achieve their end-of-year goals.

Federal judge orders Amazon to cease and desist anti-labor practices

Retail Dive

But U.S. District Judge Diane Gujarati declined to reinstate a worker fired following his activism at a now-unionized Staten Island facility

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Inside Zero Co’s century-long mission to clean up the world

Inside Retail

Earlier this month, circular home goods brand Zero Co launched an ambitious new project called the ‘100 year cleanup’, which sets out to fund large-scale rubbish removal over the next century.