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The Merchandise Planning balancing act has never been more tippy

Inside Retail

The situation is complicated further by the prospect of rising local inflation, exchange rate gyrations and increasingly erratic weather patterns rendering traditional seasonality models obsolete. All retailers know that finding the perfect balance between stock levels, sales and margin is a nirvana that is impossible to achieve.

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Fashion’s balancing act: Right product, market, timing and price

Inside Retail

Right price Consumers today are not only price-conscious but also hyper-informed, conducting thorough online comparisons before making purchase decisions. The post Fashion’s balancing act: Right product, market, timing and price appeared first on Inside Retail Australia. Download the free eBook here.

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Navigating the fine line between AI, personalisation and engagement

Inside Retail

Collecting customer information – Know Your Customer – has been a leading trend in recent years. Armed with a huge depth of knowledge about an individual customer, from their browsing behaviour to their purchase patterns, both human and AI-powered agents can deliver exceptionally personalised service.

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Is Your Workplace Experience Commute-Worthy?

All Work

Despite headlines about large corporations’ back-to-the-office mandates, work patterns have normalized. Like many organizations, SmithGroup and its clients across industries are embracing hybrid work models with employees balancing time between an office and working remotely. According to a recent Gartner study , 51% of U.S.

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EBBA references modernist architecture at WatchHouse coffee shop

Dezeen

Wooden seating is provided in an adjacent atrium Elements of the shop's design are informed by European modernist architecture. Referencing the work of architect Ludwig Mies van der Rohe , EBBA used grid patterns and clean lines to bring order to the interior, while sculptural objects help to partition the space.

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Allocating Retail Space To Improve Security, Increase Spending

RetailMinded

In the vibrant corridors of retail environments, where consumer activity perpetually buzzes, the strategic allocation of retail space emerges not merely as a tactic but as an essential strategy, intertwining security and spending patterns.

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Business Growth through Digital Transformation: The Case of Premium and Luxury Brands

Retail Focus

In this quest for the perfect balance between tradition and innovation, the premium and luxury sector represents a compelling case study that mirrors the challenges and potential transformations facing industries across the globe. The brand balances modernity with its timeless elegance.