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Liquor Loot collapses into administration amid cash flow problems 

Inside Retail

Spirit subscription service Liquor Loot has collapsed into administration as the company was reportedly struggling with cash flow. An early assessment of the business suggests the retailer was facing challenges related to its cash flow, Spring told SmartCompany.

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Six must-have email marketing flows to elevate your customer journey

Inside Retail

Email marketing flows are crucial for crafting a seamless and personalised customer journey. With Klaviyo , an intelligent marketing automation platform, retailers can set up automated email flows triggered by specific customer actions, ensuring timely and relevant communication.

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As wine shipments flow into China again, brands face falling alcohol consumption

Inside Retail

“What we plan to ship in this year ahead is sitting in the warehouses here in Australia,” he told analysts on Thursday. The chief executive of Australia’s largest wine-maker, Treasury Wine Estates, said China was a “significant growth opportunity” for Treasury’s higher-priced Penfolds wines.

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LSKD appoints first chief retail officer as part of its “audacious” growth plan

Inside Retail

Customer experience LSKD has ‘audacious’ growth plans for the next few years and Shaughnessy is expected to play a key role in helping the brand create a unique in-store experience and ensuring the right products are stocked in each store. LSKD was recently named ‘Business of the Year’ in the 2024 Telstra Best of Business Awards.

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Why it’s a good idea to offer payment plans to your business customers

Inside Retail

This article outlines why tapping into automated accounts receivable solutions along with offering more convenient payment plans to your business customers is a good idea and smart business practice. Why should your business provide payment plans to business customers?

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Europe, Asia fuel Guess’s better-than-expected revenue growth

Inside Retail

Our disciplined approach in managing the business enabled us to deliver $330 million of operating cash flow and $248 million of free cash flow and end the year with a cash position of $360 million, well ahead of our expectations,” Alberini continued. For the full year, Guess’s net revenues rose 3 per cent to $2.78 per cent. “We

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How to achieve profit growth with a killer assortment plan

Inside Retail

With customer demands coming in hotter and the stakes higher than ever, assortment planning is the key to profit growth. Here, we help you avoid profit margin mayhem with a considered, data-driven assortment plan. What is assortment planning? Why is assortment planning important? More on this later. Hello, retention!

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