‘Once bitten, twice shy’ doesn’t seem to be the case for the Competition and Markets Authority. Ged Futter asks how the Which? obsession with #supermarket prices and their alleged 'dodgy deals' has influenced public opinion. "They think customers are unable to think for themselves and see through retailer pricing tactics. There is evidence that this is utter rubbish – and it’s called market share." Read Ged's take in full here >> https://lnkd.in/eeurPuKX the retail mind Chartered Trading Standards Institute #retail #grocery #loyalty
The Grocer’s Post
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Worked with Int'l news agencies, Attorney at Law, Public Policy, ESG, CSR, Int'l Business & Geopolitics, Corporate Communications/PR, Internal Comms/L&D, Equity Research, Government & Investor Relations
From drip pricing to countdown clocks: five ways Australians can be duped into paying more As Coles and Woolworths prepare to face the regulator in court over discount pricing allegations, here are other tricks of the trade to look out for #ecommerce #shopping #psychology #regulatory #pricemanipulation #business #trade #festivals #lawsuit #discount #gifting Coles Group https://lnkd.in/ggG3hyPZ
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Trader Joe's to open 12 new stores, following 13 in December. The Supermarket News Store map shows dollar stores dominated again in December http://ow.ly/pAQP105WeJV
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Bira has responded to the BRC-KPMG Retail Sales Monitor for May 2024. Andrew Goodacre, CEO of Bira said: "These latest retail figures showcase the challenging landscape facing Britain's high streets. While some sectors have fared better than others, the overall results are disappointing. Life on the high street remains an uphill battle. Let us know your thoughts in the comments. Read the full story - https://lnkd.in/dkYhgzVx #RetailSupport #RetailSalesReport
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Saving the World One Person at a Time, Champion of Compassionate Conservatism, Fiscal watchdog, and Chief Agitator for Positive Change. Geopolitical Expert. Pursuing a Ph.D. in Leadership. Middle East واسِطة, "Wasta"
As a #GM at Dollar General, I can correctly #diagnose the #real #reasons they are #struggling. It is NOT because the "target #customer is one with an #income between 30 and 45 thousand a year and they are tapped out". It is an #inability to keep #employees, especially #GeneralManagers leave stores languishing, and then new #managers do not get the #support or #personnel #hours to #fix #stores. This leads to #burnout from 70-hour #work #weeks and #manager and #employee #turnover, and the #stores continue to #languish, with the biggest #issue being #customer #service. #Good #customerservice brings the customers in even on #tight #budgets because the #consumer still needs #staples such as #toiletpaper (#TP), #diapers, #food, etc. It is through good customer service that the customer chooses to #shop at a #store over the #competition. #DollarGeneral #DollarStores #BargainOutlets #Economy #Markets #DollarTree
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Chief Investment Officer at Absa Investments | Actuary (FASSA) | Columnist at Business Day | Sessional Lecturer at Wits University
In my latest column for Business Day I explore the tailwinds, opportunities and risks on the JSE including the recent listing of Boxer and WeBuyCars, and some established counters like Mr Price, The Foschini Group, Woolworths and Shoprite. I also discuss some of the previous headwinds that have plagued the likes of Pick n Pay and other domestic facing counters, and how we see these unfolding going forward. #absa #absainvestments #absastockbrokers #absawealth #yourstorymatters RICARDO SMITH: Tailwinds in our local markets https://lnkd.in/dKYDCQxT
RICARDO SMITH: Tailwinds in our local markets
businesslive.co.za
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Bira has warned that disappointing footfall figures for December show mounting pressures on independent retailers, with concerning implications for 2025 as business costs continue to rise. The latest BRC-Sensormatic IQ Footfall Monitor report revealed decreases across most retail locations Read full story - https://lnkd.in/ebfuywmD #RetailSupport #BRCReport #LatestNews
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Christmas fails to save 2024 trading, says British Retail Consortium Following a challenging year marked by weak consumer confidence and difficult economic conditions, the crucial ‘golden quarter’ failed to give 2024 the send-off retailers were hoping for. https://lnkd.in/ejvxsq8e #christmas #trading #retail #brc #sales Helen Dickinson
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Independent retailers have weathered one of their most challenging years in 2024, with multiple headwinds affecting the sector, according to Bira. With pressures mounting throughout the year, independent retailers have faced an increasingly difficult trading environment marked by changing consumer behaviour and economic uncertainties. Share your thoughts in the comments Read full story - https://lnkd.in/ep_eQ8BC #RetailSupport #RetailTrends
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Do retail traders know fear? 👀 NVDA just had its worst trading day since March 2020—but retail investors didn’t flinch. Instead, they bought the dip in record numbers. So, what just happened, and what’s next? 💰 $562.2M in net retail buys on Monday—a new daily record 📈 Another $359.7M added on Tuesday 🚀 Over $1B in net new retail capital flowed into NVDA from Friday to Tuesday What’s next? Retail traders are a force to watch. 📩 Want the full picture? Get in touch for a copy of our latest VandaTrack Update—our regular report that breaks down retail’s latest buying spree and what it could mean for the days and weeks ahead. #RetailTrading #NVDA #MarketInsights #TradingData
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The Big Lots brand will remain in a limited form thanks to a deal between the discount retailer, Gordon Brothers, and Variety Wholesalers, Inc. https://lnkd.in/eY8v_Cce #retail #bankruptcy
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Passionate and pragmatic retail insights to help build a better industry
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