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“No immediate impact”: Experts weigh in on Senate Committee’s recommendations

Inside Retail

This week, the Senate Committee on Supermarket Prices made 14 recommendations for the Government to consider amending the Competition and Consumer Act 2010 to end the alleged price gouging of the major supermarkets. This will allow consumers to align and ‘buycott’ from a supermarket that promotes their values.

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Welcome to the new customer experience

Inside Retail

In today’s new normal, the shopping experience is no longer defined by the boundaries of bricks-and-mortar, but by the customer journey as a whole. Consumers now expect retailers to engage them whenever and wherever they want, with a shopping experience tailored to their individual needs. Creating cohesive customer experiences.

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The Power of Net Terms: How to Fuel Expansion for Growing Wholesale Retailers

Retail Bound

Source: Chron – The Advantages & Disadvantages of Offering Credit Improving Cash Flow Management – While extending credit carries inherent risks, it also allows wholesalers to manage cash flow more effectively. This not only improves cash flow but also strengthens customer relationships.

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Six Tips And Techniques To Boost Retail Efficiency

RetailMinded

Moreover, well-trained employees are more adept at handling diverse customer situations, leading to higher customer retention rates and increased sales. Optimize Your Store Layout A well-optimized layout enhances the shopping experience, increasing sales and customer satisfaction.

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How to Run a Thriving Retail Business Amidst Economic Uncertainty

Compliantia

Retailers and consumers alike have been facing the brunt of inflation of late. As COVID-19 and the ensuing government stimulus initiatives drove consumers to switch from services to goods, the surge in demand severely strained an already disrupted supply chain. in an effort to boost customer loyalty. in 2022 from 3.2%

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How to Run a Thriving Retail Business Amidst Economic Uncertainty

Compliantia

Retailers and consumers alike have been facing the brunt of inflation of late. As COVID-19 and the ensuing government stimulus initiatives drove consumers to switch from services to goods, the surge in demand severely strained an already disrupted supply chain. in an effort to boost customer loyalty. in 2022 from 3.2%

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How to Improve the Post-Purchase Experience for Your Retail Customers

Parcel Pending

Improving the post purchase experience for your customers pays dividends in terms of sales, customer loyalty , and lower customer acquisition costs. Specifically, a good post purchase customer experience delivers four key benefits: . Customer Experience Doesn’t End When the Sale is Made.