Remove 2020 Remove Location Remove Retail Sales Remove Strategy
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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.

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Tips from a travel retail expert on tapping into passenger demand

Inside Retail

To say that the Covid-19 pandemic disrupted the retail industry would be an understatement. However, with international borders open again, and everyone seemingly heading to Europe in recent months, the travel retail market is booming. What does travel retail mean? In 2019, the global travel retail market was valued at US$74.31

Location 130
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Dan Murphy’s MD talks digital channels and drinks innovation

Inside Retail

Pfeiffer-Smith stepped into the MD job in July 2022, shifting across from a role as Endeavour Group’s chief strategy officer. Dan Murphy’s has also observed a trend towards customers wanting to try new products, with 40 per cent of Endeavour’s retail sales coming from categories that did not exist eight years ago.

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Analysis: a perfect retail storm is brewing

Inside Retail

Inflationary pressure on consumer discretionary spending, supply chain disruptions and elevated inventory levels, which tie up a retailers’ net working capital, are set to create the perfect storm for retailers that do not have a strategy in place to ensure they are well positioned for the choppy market conditions ahead.

Consumer 278
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Click & Collect: Curbside Pick Up vs. Retail Parcel Lockers

Parcel Pending

Updated Jan 28, 2024 Retail shopping has forever changed with the exponential growth of online shopping and the evolution of click and collect shopping during the COVID-19 pandemic. After all, e-commerce’s share of all retail sales has now hit a jaw-dropping 23% during the third quarter of 2020. 2020, June 1).

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It’s not e-commerce anymore – it’s just commerce

Inside Retail

From 2020-22, retailers took the opportunity to accelerate their digital transformations. For many, this meant bringing forward investments in e-commerce to sustain a level of sales activity. All this shows e-commerce has become critical to any retailer’s sales strategy and there are significant benefits for brands.

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Retail Returns Increased to $761 Billion in 2021

VMS

Retailers expect more than $761 billion in merchandise sold last year to be returned by consumers, according to a report released today by the National Retail Federation and Appriss Retail. retail sales, which soared to $4.583 trillion in 2021. “As retail sales last year. percent of total U.S.