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Too big to be small: Why retailers like Brosa struggle post-Covid

Inside Retail

Brosa attracted $5 million in Series B funding in 2017. It expanded from e-commerce – opening stores in Melbourne and Sydney in 2017 an d 2020 – invested in its technology capabilities, and strengthened its supply chain over the last few years. There are big discounts available for online shoppers immediately.”.

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Camilla CEO: ‘I definitely didn’t have a grand career master plan’

Inside Retail

You joined the business in 2017. JM: I definitely didn’t have a grand career master plan. What I enjoy doing is identifying what’s unique about a business almost irrespective of the category, and working out how we can own that USP and make it best-in-class for the consumer. Paul Zahra: Let’s talk about your career.

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Why smart retailers are preparing to be ‘on sale’ this Christmas

Inside Retail

No surprise then that consumer confidence remains at record lows, albeit with some fluctuations. Remember those days when rivers of cash flowed down the Bourke Street Mall past Myer’s Christmas windows? According to Google Trends, Black Friday sales didn’t become an Aussie thing until 2017. There’s no other way around.

Flow 130
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Are more discounts on the cards before Christmas?

Inside Retail

With higher-than-usual stock levels leading into Christmas that retailers are planning to turn over at the full freight Christmas margin, that could spell trouble. As we all know, plans can change. Discounts were the order of the day, and consumers with any cash left in their wallets got a pre-Christmas treat at the shops.

Flow 130
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Welcome to the new customer experience

Inside Retail

Consumers now expect retailers to engage them whenever and wherever they want, with a shopping experience tailored to their individual needs. Today’s consumers expect more than just personalised experiences. And consumers can feel it. Creating cohesive customer experiences. Revolutionising loyalty programs.

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Experts weigh in: how economic conditions will impact retailers in 2023

Inside Retail

Coming out of (or still in) the Covid-19 pandemic, experts are forecasting turbulent times for Australia’s retail industry, as it grapples with – among other factors – the effects of rising interest and inflation rates, diminished consumer confidence and potential drop in spending throughout the year. points on the last week of December 2017.

Consumer 130
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Why Your Retail Business Needs Credit Report Services

RetailMinded

In fact, during the first half of 2017, several significant retailers were forced to go out of business due to poor planning owing to economic inflation. If you’re a creditor, lender, or third-party collection agency, obtaining consumer credit reports is crucial to mitigating financial risks. Improve Cash Flow .

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