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The new Tiktok challenge waging war on the major supermarkets’ pricing

Inside Retail

Etri emphasised that Skippy’s intention and business strategy is to move volume, so it passes on savings from suppliers and doesn’t use large markups to drive profit. Coles fell two spots to number five, which allowed German supermarket giant Aldi to take third place as Woolworths was dethroned from the number one spot it had held since 2020.

Strategy 263
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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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Three practical solutions to drive brilliant customer engagement

Inside Retail

The number of touchpoints to reach them and the amount of data being generated, continues to skyrocket, which can sometimes make for a very disjointed customer engagement strategy. . This allows businesses to evaluate and continuously evolve their customer engagement strategies to grow their brand. Take Ticketek , for example.

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What retail investors should expect in 2023

Retail Focus

Unsurprisingly, retail sales are predicted to struggle this year, with discretionary and leisure items being more negatively impacted than others. Non-food retail was significantly down in 2022 when compared with 2019 figures. The significant inflation rate increases are already impacting living standards across Britain.

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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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How Malaysian department store Pavilion is connecting with customers

Inside Retail

In fact, China saw its economy strengthen in November 2020, with retail sales expanding by five per cent. Hopefully, as vaccines roll out across Southeast Asia, and the eventual relaxation of the MCO, will set the retail industry firmly on the path to recovery and growth.

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12 Retail Tips for 2022

Retailing Insight

R emember April of 2020 when we were all wondering what the new normal would be post- pandemic? This coming year will set the new shopping trends in stone for the next decade and create a new standard for retailers to pay attention to and master. Here are the top tips for you to take note of as we head into 2022 with a new strategy.