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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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Dusk plans e-commerce overhaul as sales slip

Inside Retail

Incoming CEO Vlad Yakubson will start earlier than planned on October 9. Our key focus is on executing our strategic priorities, being disciplined on promotional activity and price point management to maximise gross margin dollars, controlling costs and delivering outstanding customer service to maximise sales conversion and basket size.”

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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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Weetabix announces new managing director

Retail Times

(NYSE:POST), a consumer packaged goods holding company, today announced planned executive leadership changes at its Weetabix and Refrigerated Retail businesses. These transitions and internal promotions are part of the company’s ongoing business succession planning.

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Toys “R” Us promotes new COO, sells off UK toy manufacturer

Inside Retail

Toys “R” Us has announced the appointment of chief operating officer, Lian Yu, who has been promoted from her previous position of general manager of the brand. I am excited to be playing a key role in the next phase of the company’s growth plans. According to Mittoni, Chill Factor made up 2.7 Additional reporting by Dean Blake.

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

Inside Retail

And poor management certainly has a lot to answer for in the UK workplace. A staggering 82 per cent of new managers in the UK are what the Chartered Management Institute (CMI) calls “accidental managers”, according to a YouGov survey commissioned among 4,500 workers and managers in June, which has recently been published.

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APSS promotes two team members

Retail Focus

Lincolnshire-based commercial interior design and fit out firm APSS has promoted two long-serving staff members as lockdown eases and businesses reopen. Richard Mycroft has been promoted to Operations Manager. Mark Wagstaff will step into Richard’s old shoes, taking on the position of Senior Projects Manager.

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