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How forecasting can enhance cash flow in the retail sector

Retail Focus

This includes changing consumer demands, evolving trends, and the need for product innovation and differentiation. For retailers, this is an essential tool for managing staff, stock and promotional campaigns. For retailers, this is an essential tool for managing staff, stock and promotional campaigns. What season were we in?

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How AI is set to revolutionise inventory management

Inside Retail

Great product diversity, changing consumer demands, and the expansion of e-commerce have turned inventory management into a major pain point for retailers. Poor inventory management results in overstocking and under-stocking, impaired cash flow, and losses from theft and spoilage. Here are some reasons why: 1.

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BNPL: It’s been a hit for consumers and now businesses get their turn

Inside Retail

Buy now pay later (BNPL) services have quickly become commonplace for consumers. Offering people the ability to spread out their payments for goods and services across regular intervals enables consumers to better manage their own cash flow. Increase payment terms without restricting your cash flow.

Consumer 246
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How Ikea and Flow Loop are creating the “shower of the future”

Inside Retail

Now, they can add a water-recycling shower system to the list, following the furniture giant’s minority investment in Danish start-up Flow Loop. As a shareholder in Flow Loop, Ikea wants to support Flow Loop to continue the development of the concept together. Investing in sustainability. UNICEF states that some 2.2

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Domino’s Pizza profit slumps as inflation hits consumer spending

Inside Retail

per cent, as orders were impacted by the impact of inflation on consumer spending. Domino’s said margins were affected by lower-than-anticipated sales and the flow-on effect on corporate stores and warehouse earnings. Domino’s Pizza Enterprises said its first-half net profit fell 21.5 million on global sales of $1.97

Consumer 246
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Redbubble cuts staff to manage costs

Inside Retail

Michael Ilczynski, CEO of Redbubble, said: “We expect consumer demand to remain challenging in the near term. “We We have decided to reduce the cost base within the Redbubble marketplace to accelerate the group’s return to cash flow positive. The post Redbubble cuts staff to manage costs appeared first on Inside Retail.

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Europe, Asia fuel Guess’s better-than-expected revenue growth

Inside Retail

Guess Inc has posted a 9 per cent increase in net revenues for the fourth quarter of FY24, which management said exceeded its expectations. Further reading: Guess posts flat revenue amid lower consumer confidence. Net revenues for the three months ended February 3 were US$891.1 million compared to $817.8 million in the year-ago period.

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