Inside Retail

NOVEMBER 26, 2023

Strong online traffic on Black Friday demonstrated a notable pattern of shoppers putting time and effort into selecting the lowest-cost, best-value merchandise, said Rob Garf, vice president and general manager for retail at Salesforce, which tracks data flowing through its Commerce Cloud e-commerce service.

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Inside Retail

FEBRUARY 20, 2023

The shift in spending towards online channels is another permanent outcome of the pandemic, with annual events such as the Black Friday and Click Frenzy sales helping to propel end-of-season retail sales well into November , permanently changing the flow of consumers’ retail spending patterns.

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RetailMinded

DECEMBER 5, 2022

Retail businesses usually have peak and down seasons. They must thrive by obtaining immediate cash flow support to sustain operational expenses during market fluctuations. Therefore, a merchant cash advance is a very practical funding option for many retail businesses. . Promotes Better Cash Flow Management.

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Inside Retail

JUNE 14, 2022

The retail industry has cause for a touch of optimism entering the next financial year but it is unlikely that the rollercoaster ride is over for everyone. Retail sales for the first four months of 2022 are showing encouraging growth but the devil is in the detail, with the underlying driver of the increased revenue levels being inflation.

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Inside Retail

DECEMBER 4, 2022

We now know October retail sales shrank for the first time this year ending a run of nine months straight of month-to-month growth. With the Reserve Bank expected to give us another rate bump before Christmas, retailers must be frowning a little more each day. While margins may suffer, you can only bank money, not percentages.

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Retail Focus

JUNE 14, 2021

The Guardian reported that retail sales jumped over 5% as Covid restrictions started to be eased in April 2021. This is a boon to the retail sector in the UK and it is hoped that this is a sign of the high street re-emerging. Using collection software to increase cash flow.

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CRP

SEPTEMBER 15, 2022

Despite this, consumers are still spending their hard-earned dollars, with retail sales up almost 10% compared to 2021, as reported by Retail Dive. Before celebrating, remember that higher priced goods (from inflation) at least partially drive this increase in retail sales. and apparel up 5.1%.

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