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13 Retail Marketing Tips For Small Businesses In 2023

RetailMinded

Our tips for retail marketing will help you level up in 2023 for better sales and happier customers. adults reported buying or wanting to buy private label goods in apparel, pantry, personal care, and other categories. Co-host an event in a shared space with a next-door-neighboring business. Nearly 80% of U.S.

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Sustainable athleisure is big business, but rising costs pose a challenge

Inside Retail

SkyQuest, a global market intelligence and growth consulting company, projects the global athleisure market will reach US$548 billion by 2023, reflecting a compound annual growth rate of 8.4 Within that, the sustainable athleisure space is seeing significant growth in particular. billion in 2020 and is expected to reach US$117.4

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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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How Korea’s big 3 department stores are killing it right now

Inside Retail

Particularly encouraging about these results in the early going of 2022 is that they are partly based on a surge in apparel sales, a category in which department stores worldwide have been losing traction in recent years – a key factor in the decline of the sector outside of Korea. Retail sales are off to a flyer in Korea so far this year.

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Revealed: Raffles’ strategy to lure back in luxury customers

Inside Retail

This program will cover around 111,000 sq ft of retail space across levels one to three. Shoppers can expect a specially curated mix of well-established, premium brands, across fashion, beauty and lifestyle categories, with new retail formats and elevated shopping experiences. The space will feature a grocer and in-store bakery.

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Behind the “massive” potential for premium outlet centres in Japan

Inside Retail

Of course it also sports your typical mid-end brands, such as the athletic apparel and footwear stores. Heads up though, space is limited only to small breeds that can fit in a pet cart or be carried. Retail sales had been in freefall seemingly without a parachute for almost four years. Watch this space.

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Is the DTC business model dead, or just evolving?

Inside Retail

The retail giant has since sold Bonobos to WHP Global and Express for $75 million, after paying $310 million for the apparel brand in 2017.) With the growing abundance of content and brands competing for space online, it can be hard for small players without an established brand to break through the noise.