Category: Marketing Tools
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Some Retailers See Setbacks From Silicon Valley Bank Collapse
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Some retail organizations are seeing significant setbacks as a result of the collapse of Silicon Valley Bank (SVB). Toy e-commerce startup Camp, for example, sent an email to customers on March 10 that said it was slashing prices and would use the sales to help fund its continued operations after much of its money was…
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What is the Cost of Wearing Luxury Labels
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Recently my brand-new car was vandalized at a Bakersfield hotel valet parking garage. The garage was equipped with security and cameras which provided me with a false sense of security, as it does for so many of us when we visit upscale hotels and restaurants. It is heartbreaking and devastating to see your car smashed,…
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4 Ways Retailers Can Succeed in 2023
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In the words of Mark Delaney, Vice President of industry strategy, retail and CPG at FourKites, ‘in Charles Dickens’ treasured story, “A Christmas Carol,” Ebenezer Scrooge peers into his past, present and future, learning valuable lessons from his mistakes and emerging a better man.
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Heading Back To The Office Is Looking More Enticing
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Heading back to the office is looking more enticing to employees working from home as energy bills continue to rise. When will employees return to the office full-time? This question comes up every time I meet with clients who have retail properties surrounded by offices. The truth is office owners could be the next beneficiary…
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Hey Retailers
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Hey Retailers, Prepare for the Toughest Retail Season on Record.For reasons we all know and understand, a marked shift in consumer spending has drastically changed in the last two years. Even though many consumers are craving the tactile aspects of shopping–online deals are still growing in popularity.As Q4 approaches, new issues like long lines without…
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Fall Clothing Selections Got You Down?
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The supply chain collapse is an old story, but I am experiencing it for myself in a variety of ways. I am remodeling a few rooms in my home and struggle to find the materials. I can’t find what I need when I shop in-store, and it is going to take months to get certain…
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The Pleasure Principle
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The Pleasure Principle & Retail Therapy go Hand-in-HandThe world has turned upside down and inside out the last couple of years, with shutdowns and closures making us long for the way things were. But luxury shopping, it seems, has thrived, providing a sense of happiness and well-being to consumers. Perfume and make-up sales have remained…
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Working Remotely is the NEW Normal
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“If you get your work done, nothing else matters.” Dan Price, Gravity Payments. As we try to reopen our companies and bring back our teams, research shows 60% of employees want to work from home, while others prefer a hybrid format.At first, I wondered how the team at CMA would perform from their dining rooms.…
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Future of Retail
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Transparency is the linchpin. Shoppers want to see how Business is doing Business.