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Revealed: Raffles’ strategy to lure back in luxury customers

Inside Retail

The Raffles team plans to complete the mall rejuvenation program by the end of the year, with the plan to execute more unique, experiential events and activities to engage shoppers. This program will cover around 111,000 sq ft of retail space across levels one to three. Attracting crowds. A focus on sustainability.

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What is Omni-channel Retail?

Retail Bound

Although many new product companies are finding success selling on Shopify or Amazon, online sales still only represent 20% of all retail sales, whereas offline channels like brick-and-mortar locations, catalog, TV Shopping and Reward and Incentive markets represent 80%. Retail stores is by far the largest retail market segment at $6.5

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7 Costly Mistakes to Avoid in Retail

Compliantia

All the while, retail profit margins are shrinking. According to data from CSI Market , the specialty retail sector’s profit margins sat at 35.55% in the first quarter of 2021, down from 36.01% in the previous quarter. . People’s shopping habits have evolved dramatically and consumer expectations continue to increase.

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Consolidation and live shopping: Four e-commerce trends to watch in 2023

Inside Retail

Across our network of 30 omnichannel and pureplay online retailers in Australia, we’re seeing a trend towards consolidation and specialisation, which are interrelated, as large and addressable markets remain underpenetrated. In 2023, we’ll continue to see the ‘consumerisation’ of B2B retail. The rise of the B2B2C marketplace.

Shopping 264
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Small Team Retailers Still Earn Big: A Review of the RIS Top 100 Retailers

Theatro

Two small team retailers hold onto large shares of the retail market for the second year in a row. Pharmacies, CVS, and Walgreens which collectively share 9.47% of the retail market, landed in the top 10 alongside retail giants, Walmart (12.67%), Amazon (10.4%), and Costco (4.65%), respectively.

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How Malaysian department store Pavilion is connecting with customers

Inside Retail

We have continuously worked with all our tenants to come up with robust marketing strategies to encourage customer traffic and spending, including creating promotional areas at high traffic areas, assisting with shopping and dining vouchers, and continuing with our shopper rewards and redemption programs.

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Here’s how Best & Less plans to stand out in the crowded discount sector

Inside Retail

Best & Less sees itself as a hybrid between a discount department store (DDS) and specialty retailer. “We We are a value retailer, like DDS participants, but we approach it with a specialty mindset. For us, quality and value must go hand in hand,” Orrock said. “We However, profitability is key.

Planning 130