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Retail in 2024: Adaptation and Opportunities in an Ever-Changing Environment

CAAD

The retail industry is undergoing a transformation in the first half of 2024, addressing challenges that demand agile adaptation to new trends , especially since the COVID-19 pandemic. growth in retail sales , the highest increase recorded in the European Union.

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Why the effort to shake up Endeavour’s board is rooted in the past

Inside Retail

Indeed, it is rather odd that the billionaire Bruce Mathieson Snr would have backed Wavish to shake up the Endeavour Group board and rejig its business strategies. To start with the gaming business, the regulatory environment, consumer behaviour and wagering competition is dramatically different to the glory days between 1999 and 2006.

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Tips from a travel retail expert on tapping into passenger demand

Inside Retail

To say that the Covid-19 pandemic disrupted the retail industry would be an understatement. However, with international borders open again, and everyone seemingly heading to Europe in recent months, the travel retail market is booming. per cent ove overall sales. per cent ove overall sales.

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Elements of retail strategy – Retail like-for-likes bounce back after Brexit

Barber Design

Following a post-Brexit slump in consumer confidence which caused a corresponding slump in like-for-like sales, BRC-KPMG sales monitor report that sales have rebounded during July. In the first full month since the EU referendum result, like-for-like retail sales jumped by 1.1% uplift in non-food sales.

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Holiday In-Store Shopping 2021

Tusco Display

Consumer confidence may be growing around mitigating COVID-19 and the delta variant’s effects, but one issue still may delay the holiday cheer – broken supply chains. The sales numbers are beginning to reflect this – and the trend is likely to continue into the holiday season. Delta’s Impact On In-Store Stock.

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What Is Visual Merchandising?

Creative Displays Now

From the moment consumers step foot in a store, they start making purchasing decisions based on what they see. It’s a crucial strategy to make your products stand out in a competitive retail space. Now, visual merchandising is an essential strategy that brands use to sell more products inside the store.

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What retailers need to know about consumer spending this Ramadan

Inside Retail

After a month of fasting from 23 March to 21 April, Eid al-Fitr, the festival of breaking the fast, will be celebrated for around two days, and will most likely lead to an increase in retail sales. Sales figures continued to rise during Ramadan until approximately one week before Eid.

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