Although it is satisfied with its experiment in regional franchising, Williams-Sonoma has decided to focus on global expansion programs based on subsidiaries.
The future is bright for bricks and mortar retailers who integrate technology into their store processes while still connecting with consumers on an emotional level, says Dr Nadia Shouraboura, a Soviet-born mathematician turned omnichannel retail pioneer.
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The announcement today of a modest rise in the Consumer Price Index (CPI) is likely to lead to the Reserve Bank (RBA) keeping interest rates on hold on the first Tuesday of next month (August), according to leading analysts and economist.
The Australian Retailers Association (ARA) has welcomed the abolition of the carbon tax, which was repealed after being passed by the Senate 39 to 32.
The ACCC has greeted the repealing of the so-called Carbon Tax by warning wholesalers and retailers of their legal obligation to pass through savings caused by this removal onto the customer.
Clothing is big business in the mass channel, as evidenced by Mix Apparel drastically increasing its ranging this week through Coles supermarkets. Mix is now in 50 new Coles outlets, bringing its total store count to 132.
Several local retailers have been honoured this morning with nominations in the 2014 World Retail Awards, an annual celebration of physical, online and omnichannel retailing held in Paris, France.
The multiplication of touchpoints for retailers and customers to connect — from social media, catalogues, online sales to bricks and mortar stores — means brands can be closer to their customers than ever before.
With 126 million people, Japan is the 10th biggest country in the world and its US $4.8 trillion GDP makes its economy the world's fourth largest (behind the United States, China and India).