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How AI is set to revolutionise inventory management

Inside Retail

Great product diversity, changing consumer demands, and the expansion of e-commerce have turned inventory management into a major pain point for retailers. Poor inventory management results in overstocking and under-stocking, impaired cash flow, and losses from theft and spoilage. Here are some reasons why: 1.

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Enhancing Customer Loyalty In Retail: Integrating Philanthropy And Moves Management Strategies

RetailMinded

We’re diving into how a dash of philanthropy and a strategic approach called moves management can create an unbeatable combo. Now hold up, what’s this move management deal? Stick around as we unpack this strategy! But here’s the kicker: we take that special-sauce strategy and lay it down in retail land.

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Over the finish line: Red Run opens at Liverpool ONE

Retail Focus

Rob Deacon, Asset Management Director at Grosvenor, commented : “Supporting independents and local businesses has always been a huge part of our strategy at Liverpool ONE and Red Run is yet another trail-blazing local brand built from the fabric of Liverpool.

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Post-BFCM: Four strategies to retain your new customers

Inside Retail

This week the company shares four strategies that retailers can leverage to capitalise on post-BFCM momentum and retain new customers. Savvy brands know BFCM isn’t the finish line – it is one important step along the way to building smarter long-term digital relationships with customers.

Strategy 130
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Step One launches new innerwear line for women in Australia

Inside Retail

Digitally-native apparel brand Step One Clothing has launched a women’s innerwear line in Australia and the UK. The boxer-short style specifically tailored for women features organic bamboo fabric with a comfortable waistband that – along with no visible panty line – promises comfort and the ability to manage sweat.

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Why companies are showing young employees how to manage money

Inside Retail

Managing money is a skill that transcends the boundaries of work and personal – what works well in one area applies equally well to the other. Facilitating these lessons not only helps employees’ personal circumstances but the company’s bottom line too. Read on to see how to go about helping young employees better manage money.

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Six strategies to future-proof your supply chain in 2023

Inside Retail

Outsourcing your supply chain human capabilities can help improve the productivity and bottom line of your business. Data quality and control must develop from lip service to a key management measure – this may be painful but is necessary to take control. Progress is the pathway to perfection, so it’s okay to do this in stages.

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