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What Rite Aid’s collapse reveals about the challenges of pharmacy retail

Inside Retail

Since filing for bankruptcy last week, pharmaceutical retail chain Rite Aid has received interim approval to access up to US$3.45 The fall of the pharmaceutical retail chain Rite Aid isn’t the only pharmaceutical retailer in the US that is facing financial challenges. These are the primary causes of its bankruptcy.”

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Grill’d CEO Simon Crowe on how drive-thru will inform its future growth

Inside Retail

Meanwhile, in Australia, retail chains including 7/11, Ferguson Plarre Bakehouse , and BWS have recently explored the drive-thru concept. Unlike fashion, he believes Grill’d is immune to the consumer spending downturn. per cent to 2030.

Strategy 246
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Why a major rent reset didn’t occur following the Covid-19 pandemic

Inside Retail

The pandemic simply didn’t last long enough and consumer behaviours didn’t change enough for that to happen. There was a temporary panic, which enabled large retail chains to exert pressure on their landlords to drop rents or face store closures. That window opened and snapped shut quickly. Wrong again.

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Why Book Depository’s closure could be a “net benefit” for Australian booksellers

Inside Retail

Following the closure of Book Depository, Egan believes that the time is right for Australian bookstores to develop curated spaces and experiences, as a means of competing with online booksellers. Rather, they use the space “for inspiration, for calm, as places of discovery.” “I So it’s unlikely to have an effect.”

Curate 130
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Analysis: The driving force behind Hong Kong’s retail revolution

Inside Retail

Retailers and consumers have been urged — or forced — to take their transactions into the digital marketplace. Statista, 2021) According to a digital retail survey conducted by KPMG and YouGov in 2019, 77 per cent of mainland respondents described themselves as “tech savvy.” New consumers. New brands . New operations.

Consumer 147
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Why a standalone Woolworths drive-through is a “no brainer”

Inside Retail

On the other end of the spectrum, Craig Flanders, co-founder and managing director of full-service creative agency Spinach, told Inside Retail he thought the concept was a “no brainer”. This solution only works with stores that have enough space, and are located in less densely populated areas,” Mayhew told Modern Retail. “In

Concept 130
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A Guide on How to Approach Retail Stores to Sell Your Product

Retail Bound

Head office meetings: For larger retail chains, you may need to approach the head office directly. This may require putting up a professional proposal and presentation to the management. You need a retail store that can highlight your product and show its value to consumers. Start with local retailers.