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Behind Abercrombie & Fitch Co’s record results lies a decade-long reinvention

Inside Retail

At the time, Abercrombie & Fitch was still struggling to find its footing following the exit of CEO Michael Jeffries, who stepped down in December 2014 after 11 consecutive quarters of sales decline. Abercrombie & Fitch Co’s portfolio includes Abercrombie & Fitch, Abercrombie Kids, Hollister and Gilly Hicksin.

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Analysis: Why Abercrombie & Fitch’s turnaround has not been cancelled

Inside Retail

A turnaround program was set in motion in 2014, focused on cost-cutting and trendier merchandise that abandoned its logo-centric designs to a certain extent. Most visible, however, was the decision to discontinue its sexualised marketing as consumer preferences had clearly moved on. Repositioning to cater to older crowd.

Expansion 223
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Locals rebuff invaders: Inside Vietnam’s convenience stores war

Inside Retail

Figures from Euromonitor show that the number of convenience stores in Vietnam increased from just 565 in 2014 to 1289 by 2019 when revenues reached US$103 billion. In 2017, FamilyMart’s president Koji Takayanagi conceded the company was losing money in Vietnam (as well as in Indonesia and Thailand).

Marketing 130
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Retailers Sue Fed Over Failure to Follow Congress’ Direction on Debit Card Swipe Fees

VMS

Banks should not be handed a growing windfall at the expense of Main Street stores and consumers.”. Because the board has not done what Congress said to cure this market failure, American consumers and merchants continue to suffer the same harms that prompted Congress to act in the first place. District Court in Bismarck. “For

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“It’s the right time to open some stores”: Ksubi CEO Craig King

Inside Retail

A group called Bleach stepped in and picked up their debt and ran the business until 2014. All the while, General Pants was Ksubi’s biggest account, so when the second iteration of the brand ultimately went into administration in 2014, General Pants took over running the brand. In 2008, they actually went into administration.

Fashion 243
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Creating a Contactless Retail Experience in 2022

Parcel Pending

With consumer behavior continuing to trend toward digital wallet and contactless payment methods , retailers should strongly consider providing these options as part of their checkout experience – if they have not done so already. As a comparison, the average wait time for curbside pick up hovers between 8-12 minutes. Contact-Centres.

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The Metaverse Will Radically Change Retail

Retail Prophet

But, as Christensen also observed, these same technologies often tend to improve on a trajectory that far outpaces consumer needs. But please ask that question again in 12 months.” But please ask that question again in 12 months.” In 1973, the first mobile phones weighed more than four pounds and were single-purpose devices.

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