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24 million will skip Valentine’s Day gifting

Valentine’s Day has traditionally been a retail bonanza for retailers as spouses, partners and would-be lovers demonstrate their affection with cards and gifts – but are retailers now carrying a torch for something that no longer exists? Of course, Valentine’s Day remains, but 54 per cent of UK adults have…

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Avalara Tax Changes 2024: Be aware of the upcoming compliance issues

Businesses should be alert to important changes to the tax compliance landscape in the year ahead. Avalara Tax Changes 2024 is a comprehensive report covering upcoming compliance issues and challenges from around the world — below is an overview of those most important to e-commerce sellers operating across borders. E-invoicing…

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Turning excess inventory into extra profit: the power of online auctions

Retail businesses have been fighting against tough economic conditions in recent years. From the continuing fallout of Covid-19 to the ongoing cost of living crisis, skyrocketing energy bills to increasing wage demands, bricks and mortar stores and e-commerce organisations alike have been feeling the impact of strained purse strings. As…

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Customer lifetime value: What’s new?

Customer Lifetime Value (CLV) represents a crucial metric that measures a customer’s revenue potential over their entire relationship with a retail brand. In many ways, it is the “north” star metric for customer-centric brands that want to build long-term profitable relationships with their customers across the entire omnichannel journey. So…

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Sustainable Investing in Forex: Becoming an Ethical Retail Trade

In the world of investing, there’s hardly an approach as interesting and different as sustainable investing in foreign exchange (forex) markets. As the world becomes more mindful of environmental and social considerations, retail traders are following closely and shaping an ethical financial future for everyone. So, if you have ever…

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Two-thirds of retailers warn peak trading will be hit ahead of Christmas

Two-thirds of retailers say the ‘double whammy’ of spiralling interest rates and inflation will hit peak trading in the run-up to Christmas, according to a new Inventory Planner survey. More than four out of ten sellers (41%) are planning to buy less stock for festive shoppers because of the impact of 14…

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How to ‘sleigh’ your holiday campaigns

It’s time to expect the unexpected. The way consumers shop during the holidays has undergone a significant transformation in recent years. Not only are they starting earlier, but as the UK’s cost-of-living crisis continues, they’re also spending less across all categories. Customers are buying seasonal items earlier, focusing more on…

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Adventure gear brand scales new heights with Inventory Planner

Key facts Oz Backcountry is a thriving online outdoor and adventure equipment retailer, based in Australia and powered by Shopify Uses Inventory Planner to accurately forecast demand for 1,000 of SKUs, place 32 inventory orders a month and maintain a super-lean inventory that minimizes risk Impact: 100s of hours saved…

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The Golden Quarter: Perfect promotions through intelligent merchandising

The 100-day countdown to Christmas – a period which also includes key dates such as Halloween, Black Friday and Cyber Monday in quick succession – is the busiest period in the retail calendar, and unquestionably the most challenging. This year’s Golden Quarter will likely be one of the most difficult…

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We need to stop relying on plastic, but can retailers ever be paper-based?

We should be able to feel optimistic about the future. To do that, we have to solve some of the biggest obstacles that we have. One of those dark clouds hanging over retail is plastic waste, and I’m committed to helping solve that problem. There’s no doubt that it’s a…

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