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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. A focus on sustainability.

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What is Omni-channel Retail?

Retail Bound

Brands also need to think about the level of customer service and how the retail store partner will ensure that good customer support for their product. All retailers are not the same, and a good go-to-market retail store strategy will consider the pros and cons of going with a large retail chain, a regional chain, or a specialty retailer.

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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. . In fact, even as total retail sales saw a 10.6% Failing to streamline communication and collaboration.

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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. On being everyday low cost. For us, quality and value must go hand in hand,” Orrock said. “We

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