Koalafi’s Post

Congratulations Dunelm on winning Best Retailer over £500m at the Retail Gazette Awards: The Game Changers! 🏆🏆 Despite a challenging cost-of-living crisis, Dunelm achieved a remarkable 9% sales growth in its first quarter. The judging panel at the Retail Gazette Awards highlighted Dunelm's success, stating, "Dunelm has managed to achieve another year of growth in a constrained market. It is stealing customers from all across the industry and its success is causing others to rethink their strategy." Enactor provides Dunelm with our Next-Generation POS and Estate Manager, enabling the retailer to have more control delivering on all the digitally-led customer journeys. Both in-store and digital channels have seen substantial growth, with digital sales accounting for an impressive 35% of their overall sales this year. At Enactor, we're delighted to support Dunelm's impressive growth journey! 🚀🚀 Read more below. https://hubs.la/Q026R6550 #enactor #dunelm #customersuccess

Interesting article from Modern Retail. Retailers that appeal to either luxury or discount shoppers are doing well but those in between are struggling. How can you succeed if you are in the middle part of the market? Read more - https://buff.ly/3wlnKIf #retail #retailer #stores #consumerdemand

Retail remains in high demand this year, as new store openings, trumps store closures. JLL shares the latest trends and CRE insights regarding ongoing supply constraints forcing Tenants to scramble. #jllretail #realestate #demand #supplyanddemand #retailrealestate #brokerlife #commercialdevelopment #availability #supplychains

Impulse purchases amounted to £9.7 billion of spending in the UK as of 2023. With promotions and discounts also influencing 50% of all unplanned purchases, it’s critical that retailers are able to display impulse items in the best way. In a recent discussion with The Retail Times, we share how Harrison Retail supported Morrisons with the design of efficient impulse shelving bays at their at their self-serve checkouts to optimise Travel Accessory sales. Click on the link to read more 👇 #impulsebuy #retail #Morrisons #bespokedesign

Some good news for the struggling retail industry, with Ollie's Bargain Outlet, Inc. announcing it will continue its expansion as it plans to open forty-five new stores in 2023. #retail #shopping #construction #NewNormal #retailnews #retailindustry #retailinsights #retailbusiness 

Interesting read in WSJ yesterday. For those in retail, regardless of category, we know there’s been a heightened focus on improved assortment curation as well as tighter alignment of products, channels, and locations. The pandemic and related supply chain challenges have only amplified this focus, and pushed some further and faster than perhaps they thought needed or were prepared for. It has increased required collaboration across silos as well – including merchandising, planning, supply chain, stores, and finance – with all trying to balance assortment breadth and depth, price points, consumer choice, complexity, and inventory capital requirements.  There are always new tools and shiny objects, and of course AI will be in play, but there’s also some basic fundamentals that often have gaps and blind spots. The Parker Avery Group has always had a focus in merchandising, planning, and overall inventory management – and this has been truly front and center of almost everything we’ve done especially since the pandemic. So, if you want to discuss assortment planning and inventory productivity challenges and opportunities, with a focus across process, organization/roles, and systems, please reach out to us – we’ll be at the National Retail Federation Expo in New York, January 14-16, Booth 1307! #retailindustry #NRF2024 #assortment #merchandising #planning #inventorymanagement

Furniture retailers are contending with the enduring perception of oversupply, despite increased consumer spending, which has failed to dispel this notion. The article discusses how retail space per capita in the United States has slightly reduced, even with a surge in population and retail spending. Retailers have adapted by managing inventory growth, optimizing existing spaces, and focusing on a consumer-centric approach. This includes improving the in-store experience, embracing digital transformation, enhancing supply chain resilience, and diversifying their offerings. To gain deeper insights into how furniture retailers are navigating these challenges in the evolving retail landscape, read this article I wrote for Furniture Today: https://lnkd.in/g9ZzncSd #CRE #FurnitureToday #Retail

Impulse purchases amounted to £9.7 billion of spending in the UK as of 2023. With promotions and discounts also influencing 50% of all unplanned purchases, it’s critical that retailers are able to display impulse items in the best way. In a recent discussion with The Retail Times, we share how Harrison Retail supported Morrisons with the design of efficient impulse shelving bays at their at their self-serve checkouts to optimise Travel Accessory sales. Click on the link to read more 👇 #impulsebuy #retail #Morrisons #bespokedesign

Retail Management: Retail management specifically deals with working in a store of some kind and for this to qualify it does mean that the store has products and items to purchase. However, we should stress that it does not matter what the products are, because the main point is that they are there on the shelves and displays whereby members of the public can enter, browse at their own pace, and then make that purchase. What we are talking about here are stores ranging from supermarkets, to shoes shops, clothes, DIY, home décor, baby items, arts & crafts, the list is endless but they all have one thing in common and that thing is the way in which the products are there on display and ready to buy. #retail #retailmanagement #retailindustry #retailcareer #retailing #retailexperience #supermarket #storemanager #storemanagement #inventorymanagement #stockmanagement #supermarkets #consultancyservices