Remove how-to-run-a-successful-retail-store-during-inflation
article thumbnail

Why strong vendor partnerships are essential in a challenging retail climate

Inside Retail

At last month’s Toy Fair in Melbourne, Josh Bonello, sales director of toy manufacturer and distributor BMS Brands, recalls every retailer he engaged with saying they wanted to forget 2023, a terrible year for most. But everyone is more optimistic about this year,” Bonello tells Inside Retail.

Concept 246
article thumbnail

Strategies for success: LSKD and Shippit on preparing for peak season

Inside Retail

The end-of-year peak period is a critical time for the retail industry. However, this year poses both challenges and opportunities for retailers as they prepare for end-of-year sales events. The macroeconomic landscape is particularly challenging, characterised by high inflation and intense cost-of-living pressures.

Strategy 242
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Prioritising retail tech investments for a supercharged workforce

Retail Focus

While investment is under strain as retailers battle with the impact of inflation on food, products and services, which is running at between 8 and 16%, IT is actually one area where increased spend can be justified. Here are 7 things to consider in order to supercharge your store teams and improve customer satisfaction.

article thumbnail

How to Run a Thriving Retail Business Amidst Economic Uncertainty

Compliantia

Retailers and consumers alike have been facing the brunt of inflation of late. You don’t have to be an expert in economics to see how dramatically the prices of everything — from gas to household essentials — have been rising since the past year. Wondering how we got here? in 2022 from 3.2% in 2022 from 3.2%

article thumbnail

How to Run a Thriving Retail Business Amidst Economic Uncertainty

Compliantia

Retailers and consumers alike have been facing the brunt of inflation of late. You don’t have to be an expert in economics to see how dramatically the prices of everything — from gas to household essentials — have been rising since the past year. Wondering how we got here? in 2022 from 3.2% in 2022 from 3.2%

article thumbnail

Interview with Jonathan Chaupin from Agency 2.0

Retail Bound

an Austin-based agency that does marketing, PR, copywriting, design, advertising, video production, retail and fulfillment for crowdfunding campaigns since 2010. Once a quarter, we sit down with either a client or an agency partner to discuss various topics. What are the key things you look for? What are the key things you look for?

Balance 52
article thumbnail

Retail Data Analytics: Turning Data into Decisions

Parcel Pending

With retailers navigating the turbulent post-pandemic waters, mediating inventory issues, and stabilizing their supply chain, they are now looking for solid and profitable solutions to ensure their continued success in the ever-competitive retail market.