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“We are still in the early innings”: Liquid Death’s SVP of strategy

Inside Retail

By that, I mean, there’s a fandom around Liquid Death that’s actually more synonymous with your favorite band and we see that translate when you look at our apparel and merchandise sales.” An example of Liquid Death’s merchandise includes its “flasket”, a casket-shaped flask, marked with the brand’s bold logo and skull imagery.

Strategy 130
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“A big vote of confidence”: Why Walmart’s store upgrades are key

Inside Retail

However, not everything has been coming up roses for the mass retailer. While Walmart has successfully pulled in new shoppers for groceries, it has been less successful in its general merchandise business. The store upgrades are part of a strategy to boost the business, especially in non-food,” Saunders elaborated.

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Dymocks will add 20+ new stores in three-year plan

Inside Retail

CEO Mark Newman told Inside Franchise Business Executive there will be a mix of suburban and regional locations in the new store plan which will spread the book chain further into the north of the country. He is focused on four elements to bring business to the retail chain: Growing the network from 50 to 75 stores.

Planning 130
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JD Names New President

VMS

Founder and CEO of JD.com (Guangzhou, China) Richard Liu will step away from daily operations of the retail chain while a new president assumes the role, according to CNBC. Xun Lei, former CEO of JD Retail, will become president of the organization and will take over day-to-day administration of the business. He was not charged.

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Retail appointments of the week

Inside Retail

Best and Less, The Reject Shop CEOs depart By Rakshnna Pattabiraman The CEOs of two discount retail chains — The Reject Shop and Best & Less Group — have stepped down with immediate effect today citing personal reasons. Huddle said the company has the “right strategy in place” to deliver long-term growth.

Shopping 130
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Retail crime: Why foiling shoplifters takes a team effort

Inside Retail

Beck reviewed the available academic literature for his 2016 article, “Amplifying Risk in Retail Stores: The evidence to date on making shop thieves think twice” and found that most studies are either low quality or outdated. What deters shoplifters? None of the participants were detected by store employees.

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What is Omni-channel Retail?

Retail Bound

Before selling to retailers, product companies need to consider the location of their store, the types of products they carry, and how their product will be merchandised for maximum visibility. Additionally, you should consider the type of merchandise you want to offer. Retail is no longer simply online vs stores.