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The benefits of financing your business growth

Inside Retail

Of course, a business shouldn’t use capital irresponsibly and spend without consideration, but establishing and growing a business does require money for inventory, marketing and advertising, staff costs, setting up internal systems and investing in growth. Limit credit exposure, get paid on time and drive improved cash flow.

Flow 246
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GUEST COMMENT Why inventory accuracy should be top of every retailer’s Christmas list

E Delevry

Simply put, poor inventory management means they are selling products they no longer have (known as overselling), which not only impacts customer trust, but also reflects deeper operational inefficiencies and lost revenue. As such, it’s a bad time for retailers to discover their inventory management systems are woefully inadequate.

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“Starting to get brilliant”: Microsoft, IGA and Coca Cola leaders talk AI

Inside Retail

This includes, but is not limited to, using robots for stock management, and AI engines to optimise shopper flow. With the cost of marketing and advertising potentially going down, people would be able to produce more of it. So thinking about that balance [is important].”

Consumer 228
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Welcome to the new customer experience

Inside Retail

While 88 per cent of retail marketers share integrated tech stacks with advertising teams, this alignment alone is not enough. In an era when opaque data-use policies have jeopardised customer trust, retailers are increasingly cognisant of balancing AI-powered personalisation with privacy. Building trust in AI-powered personalisation.

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How Michael Ford pulled Greenlit Brands back from the brink

Inside Retail

We have paid off all our debt, local and offshore, and made sure that our balance sheet and our cash position is strong, and one of the reasons [we’ve been able to do that] is because of the efficiency of working capital in the furniture industry. You need a balance between bricks-and-mortar and pureplay.

Apparel 130
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The return of Tigerlily: An in-depth interview with the new CEO

Inside Retail

We signed up with two new agencies in September as well, so we’re rolling out much more aggressive social media advertising and Google Shopping campaigns. We’re completely revamping the structure of our database and the email flows within that. It really is back to basics. We’re re-hauling our entire affiliate programme.

Strategy 246
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VMSD’s 2021 Designer Dozen: Future Proofing

VMS

K EEPING THE organizational pipeline flowing with creative, high-potential talent is a challenge every company faces, yet countless studies have shown that identifying and engaging young professionals early in their careers is critical to future success. Advertisement. Advertisement. Age: 29 | Senior Design Manager, WD Partners.

Design 98