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Revealed: Raffles’ strategy to lure back in luxury customers

Inside Retail

The new stores at the iconic luxury mall are designed to expand its lifestyle, beauty and food and beverage offerings so shoppers can get a taste of specially curated merchandise and unique shopping experiences. “We This program will cover around 111,000 sq ft of retail space across levels one to three. Attracting crowds.

Strategy 130
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13 Retail Marketing Tips For Small Businesses In 2023

RetailMinded

The retail landscape has changed drastically over the past few years as businesses continue to ride the wake of a subsiding pandemic. Contactless shopping, delivery, and curbside pickup — once a public health necessity — have now turned into conveniences many consumers regularly expect. Nearly 80% of U.S.

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Why New Balance is putting people at the heart of its new store concept

Inside Retail

New Balance recently revealed a new retail concept store at Paragon Shopping Centre in Singapore centred on experience and carrying a curated selection of footwear and apparel that caters to athletes and fashion enthusiasts. The open concept creates a space where consumers can shop cross-category to match their personal style.

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Augmented Reality in Retail Projected to Experience Massive Growth

VMS

Augmented reality (AR) in the retail market could be on the cusp of a massive growth spurt. A new report from Research and Markets said AR investments in retail were valued at roughly $2 billion in 2021, but that number is expected to explode to $61.3 billion by 2031. Google, Inter IKEA Systems B.V., Microsoft Corp.

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How inventory mistakes hampered City Chic’s half-year earnings

Inside Retail

He told Inside Retail that fashion customers are known for moving easily between brands. As such, brands must be diligent about constantly developing new products and having the right pricing strategies in place, with inventory levels that are linked to forecasted sales. Online was always a subsidiary channel to physical retail.

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3 Ways Independent Retailers Can Compete Using Amazon

RetailMinded

The latest data from Statista suggests that Amazon may account for 50% of the entire e-commerce retail market this year. Department stores suffered, while online stores provided the convenience of shopping without ever leaving the house. for non-apparel things like books.

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Why digitally native brands are opening brick-and-mortar stores

Greater Group

At Greater Group , however, we have a different philosophy about the ever-changing retail world. . Despite the convenience of e-commerce, the unique engagement that accompanies in-store shopping cannot be replicated online. The store fosters a tranquil shopping experience inspired by stillness and a slow, unrushed way of life.