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AI is driving a dramatic reinvention of retail demand planning. Here’s how

Inside Retail

Australian retail businesses have been warned they are missing out on sales by reacting too slowly to customer trends – and that poor retail demand planning is resulting in unnecessarily high levels of capital tied up unproductively in unsold inventory in warehouses and stores. How AI can manage 15.6 We need to be honest about what AI is.

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Grill’d CEO Simon Crowe on how drive-thru will inform its future growth

Inside Retail

He added that the brand will gain market and operational insights from the first drive-thru location, which will inform future growth plans. “We The false narrative around fast food and sport is that the players actually eat the product they’re promoting which is just not the case.

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Pukka names Isaac Fisher as new CEO in new growth plan

Retail Times

Pukka, the nation’s number one pie brand and number two in total savoury pastry, today announces the launch of a five-year plan to supercharge sales under continued family ownership and investment. Retail Times - Retail Times, the free retail news website

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Why people who are great at their job can fail when they get promoted

Inside Retail

Alongside this, they need a clear development plan before they start their new management role. So, when companies decide to promote someone to a managerial role, they must consider that person’s people skills just as much as their technical skills. So what should this training look like? We are living in difficult economic times.

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How to Manage Seasonal Sales and Promotions Across Multiple Locations

Compliantia

In fact, for brick and mortar retailers, promotions generally account for anywhere from 10% to 45% of total revenue. Understanding how to manage seasonal sales and promotions is key to running a successful store. This job of managing promotions becomes more complex when you start adding multiple locations into the mix.

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Trade Show Planning Timeline & Checklist  

Trade Show Booth Companies - Trade Group

Today, we will take you step by step into the planning period for your next trade show or expo event. You’ll find some helpful tips as well as a planning timeline that’ll help guide you through your important pre-show process. Planning at least 12 months in advance will take the burden off of you and your team.

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What is Financial Scenario Planning and How Will it Help in 2023??

Retail Focus

If you’d like your business to be able to cope with whatever the future holds for it, then it’s a good idea to plan for a range of contingencies. This applies especially to the financial side of the business, where it might be difficult to react to events in an informed, sober-minded way. What is financial scenario planning?

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