Remove 2020 Remove Marketing Remove Retail Sales Remove Strategy
article thumbnail

Inside Designworks’ four-pronged expansion strategy

Inside Retail

Designworks’ divisional general manager Brooke Norton told Inside Retail that the brand sells about 15 million units each year and is heading towards $200 million in wholesale sales. The market is holdings its breath. Designworks is expanding because it sees opportunities to bring new, international brands into the market.

Expansion 246
article thumbnail

The new Tiktok challenge waging war on the major supermarkets’ pricing

Inside Retail

Etri emphasised that Skippy’s intention and business strategy is to move volume, so it passes on savings from suppliers and doesn’t use large markups to drive profit. Coles fell two spots to number five, which allowed German supermarket giant Aldi to take third place as Woolworths was dethroned from the number one spot it had held since 2020.

Strategy 263
Insiders

Sign Up for our Newsletter

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

article thumbnail

Localisation, livestreaming and logistics: How to tap into the Chinese market

Inside Retail

Before 2020, when travel was easy and diplomatic relations were cordial, I placed great emphasis on the need to build trusted relationships on the ground in China as the foundation of a successful market entry strategy. Accept that China is a very different market to the one you’re used to. personal care. ?

Marketing 130
article thumbnail

Top 10 Strategies for Increasing Convenience Store Sales & Foot Traffic

Parcel Pending

1,2 The challenge for convenience store owners, therefore, is implementing a business plan with strategies that increase retail sales, foot traffic, and profit margins. 7 Explore Omnichannel Shopping Omnichannel marketing means customers want the same retail sales experience, in-store or on their computer, tablet, or smartphone.

article thumbnail

Tips from a travel retail expert on tapping into passenger demand

Inside Retail

Brands that had previously relied on bricks-and-mortar sales had to accelerate their e-commerce strategies, TikTok became an extremely effective advertising and marketing tool, and certain retail categories like travel retail saw their sales drop virtually overnight. The market is expected to grow to US$126.48

Location 130
article thumbnail

What retail investors should expect in 2023

Retail Focus

Unsurprisingly, retail sales are predicted to struggle this year, with discretionary and leisure items being more negatively impacted than others. When analysing market conditions, however, other factors need to be taken into consideration, including the geo-political climate and weather conditions. sales growth over the period.

article thumbnail

Three practical solutions to drive brilliant customer engagement

Inside Retail

The number of touchpoints to reach them and the amount of data being generated, continues to skyrocket, which can sometimes make for a very disjointed customer engagement strategy. . This allows businesses to evaluate and continuously evolve their customer engagement strategies to grow their brand. Take Ticketek , for example.