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How to Manage Seasonal Sales and Promotions Across Multiple Locations

Compliantia

In fact, for brick and mortar retailers, promotions generally account for anywhere from 10% to 45% of total revenue. Understanding how to manage seasonal sales and promotions is key to running a successful store. This job of managing promotions becomes more complex when you start adding multiple locations into the mix.

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Types of Retail Store Layouts

Creative Displays Now

Both drawing up a retail store design from scratch and revamping an existing store layout require a basic understanding of the retail store layout options available to you. Below, you will learn what a retail store layout is, what makes a retail store layout so important and the seven most common types of retail layouts.

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Sick of hearing about AI? The key is understanding how to make it work for you

Inside Retail

Shopper engagement Chatbots and in-store kiosks: These provide instant assistance to your shoppers seeking information, especially when it comes to those common, easy-to-answer questions. Inventory management Predictive analytics: This helps optimise your stock levels, preventing overstocking and stockouts.

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How Data Analytics Is Revolutionising Retail Design in 2024

Retail Focus

In this article, you will see how advanced data analytics transforms store layouts and enhances the shopping experience. Leveraging Customer Behavior Data for Smart Store Layouts Imagine your store layout working as hard as you do. Data also reveals peak shopping times so you can optimize staffing and promotions.

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How digital signage and kiosks can help stores match the online experience

Inside Retail

This means adopting new-generation technologies such as digital signage, powered by a robust operating system, enabling remote management, personalisation and interactivity with in-store signage. “As “Retailers need to reflect the tailored and personalised experience of online, but in-store.”. ” No more these days, explains Hanns.

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Curating community: Retail’s answer to the loneliness crisis

Inside Retail

Apart from promoting outdoor goods, they inspire people to participate in local activities focused on urgent environmental problems. Relationships that create brand stickiness and self-sustaining brand engagement. Flexible layouts and modular furniture assist with everything from private meetings to larger community events.

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Navigating the unique challenges of holiday shopping in 2023

Inside Retail

The last quarter of the year typically sees retailers jump behind any promotional event as a way to entice consumers over competition. These promotional events have traditionally seen retailers shift huge amounts of stock and provided bumper sales to round off the quarter. But this shouldn’t just be a retail race to the bottom.

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