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Lacoste Japan advances towards a zero-party data strategy

Inside Retail

Consumers were asked to choose their favourite long sleeve polo colours and vote against other colours. While they voted, they were also asked their opinions on different topics: where they were likely to wear their polo shirt and other items they would consider buying along with their polo shirt. Check it out here.

Strategy 230
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Experts weigh in on China’s supply chain risks and mitigation strategies

Inside Retail

In recent years, the Covid-19 pandemic exposed the vulnerability of supply chains, and the ongoing trade tensions between China and other major economies have added further complexity and uncertainty to the situation. The bulk purchase of products is also a good strategy. companies that rely on China.

Strategy 130
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Navigating the AI revolution: Retail experts weigh in on the state of affairs

Inside Retail

Recent examples Recently, companies like Walmart , Lowe’s and Ikea have rolled out solutions that incorporate generative AI with other new technologies like augmented reality (AR). Ikea on the other hand, has launched a new AI assistant available exclusively on the OpenAI GPT Store.

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Nere and far: Strand CEO Felicity McGahan talks UK expansion

Inside Retail

FM : We’ve just had a record year and travel in general has had a record year from a category perspective. We think they will respond to that fashion and function, and form a unique position there. FM: We’ve had two strategies at Strand. One was to modernise the business and the other was to internationalise it.

Expansion 245
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Should you be friends with your co-workers? Here’s what the research says

Inside Retail

Workplace best friends hold each other in high regard, exercising trust and honesty. In other words, it’s the work buddy — the kind of person you grab a lunch or coffee with. But close relationships are difficult and exhausting to maintain, meaning these types of relationships are usually rarer compared to other types.

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How to get your team to collaborate as one

Inside Retail

The starting point is the recognition that working as one is about sharing, because without sharing, there will inevitably be waste, missed opportunities, disengagement and the risks that come from silos and poorly executed strategies. Reliability: describes whether someone is dependable and delivers on expectations.

Other 130
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How Retail Businesses Can Excel With Customer Services

Retail Focus

It is more about providing top-notch customer services to give them a reason to choose your brand over the others and recommend it as well. This article highlights actionable strategies that can help retail businesses win the customer service game. Exceptional customer service goes beyond driving sales.