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Coles reports steady revenue growth in supermarkets and liquor

Inside Retail

billion this year, citing volume growth and its value offering resonating with value-conscious consumers. Coles says its third-quarter revenue was up 3.7 per cent, from $9.065 billion to $9.4 E-commerce sales increased by 25.7 per cent to $1.1 billion during this period with an 11.3 per cent increase in penetration. per cent.

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How retailers can thrive amid inflation: Strategies for the holiday season

Inside Retail

Instead of relying on less frequent deep discounts or bulk buys, many are shifting toward more frequent, smaller-value offers across multiple channels. Promotions and discounts: A new strategy As competition heats up, retailers are exploring new promotional and ‘touch point’ strategies.

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12 Proven Customer Retention Strategies in Retail

RETAIL MANAGEMENT SOFTWARE

Combine follow-up communication with added value services like free shipping, extended warranties, and in-person events to create a holistic customer retention strategy. How to Implement: Send personalized thank-you emails or satisfaction surveys after purchases to show customers that their business is appreciated and valued.

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Tesco to open over 150 Express stores in next 3 years

Retail Gazette

Just last week, the retailer ramped up its value offering in its convenience stores by cutting the price of more than 200 own-brand and branded products, including milk, bread, pasta and coffee. Click here to sign up to Retail Gazette‘s free daily email newsletter

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5 Innovative Offer Strategies to Accelerate Retail Growth

Retail Focus

This kind of time-limited engagement increases the perceived value of being part of your programme. Subscription-Led Incentives That Add Long-Term Value Offering a paid or freemium subscription plan is another way to drive consistent revenue and deepen customer relationships. Its simple, but it works.

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Apparel retailer Accent Group forecasts $80 million earnings

Inside Retail

Sales for the final six weeks of H1, including Cyber weekend, while growing on the prior year, slowed compared to the previous 20 weeks, with customers responding to value offers in the market, added Group CEO Daniel Agostinelli.

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Best of 2024: Clintons new owner’s plans for the card retailer that refuses to fold

Retail Gazette

At its peak, it was the clear greetings card market leader with over 1,000 stores and a presence in almost every major British town, but a n influx of internet rivals alongside the growing popularity of Card Factorys value offer resulted in the retailer losing its grip on the industry.