These results show the cumulative power of the three major profit and loss lines all moving in the right direction in fairly small amounts. Sales up 12.7%, gross profit up less than 1 % and expenses down less than 1 % = profit growth of 67%. I call it Magicmathics! Try it in your business or let us show you how!
Peter Sheppard’s Post
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It will be interesting to watch the points of difference close the gap as these two giants will , I believe, eventually merge into one. Target has lists its edge of quality affordability in fashion and is now just another discount dds.
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Very good results from both supermarkets last week with sales and profit increases beyond expected levels. This for a number of reasons including good sales growth, from increased market share ex SMEs, about double inflation price growth as witnessed by the in the increase of gross profit, and the continued expansion of range and offers. The market share growth is a concern for specialty retail and how they compete in a tough market.
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Interesting data on supermarket performance in a tightening consumer market place. Also how consumers are stretching their dollars. Are you adjusting your retai strategies accordingly. Call us for a free chat on the latest retail trends and what you can do to maintain your business.
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If retail sales fall due to discretionary income declines, the best way to limit its effects in your business is to increase your market share in your catchment area and category. How to do that? We at Retail Doctor Group are experts at achieving sales growth in good times or bad. Let us help you be a survivor and be the best you can be.
Rising interest rates force a two-speed retail economy
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Is our morning coffee now an essential spending item at $1,500 to $2,000 per year each?
Our takeaway habit is driving spending, but rising prices are at play too
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This seems like a strange decision. Keen to see reasoning and outcomes. Has Brett Blundy overpaid in the purchase of the company at this stage of the retail cycle?
Best & Less dumps new chief three months before she was to start
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Peter Sheppard reposted this
With the ongoing advancement of technology, leading tech companies are making significant investments in devices and capabilities to enable global access to the Metaverse. We raise the question, will the iPhone stay in our lives in the future? In this first of our two-part blog series, we list the trends in today's leading technologies and how they will affect the structure of retail operations and consumer shopping patterns. Read the blog article here: http://ow.ly/ZEuQ50OGmv4 Do you think iPhone will continue to dominate our lives in the future? Tell us what you think in the comments. #consumerbehaviour #ar #vr #futureoftechnology #dataprivacy #datastorage #futureofretail #retailtechnology
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This is very encouraging for retail in general and smaller independents in particular. Well done
Soaring customer footfall boosts Scentre Group's performance
https://insideretail.com.au
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Peter Sheppard reposted this
🧘♂️Meet the Open Minded - they're the most laid back of the bunch, seeking well-being and visual inspiration.🧘♂️ Knowing your buyer personas means you'll know where to spend your marketing budget and how to talk to them. Through extensive research by our insights division, we've uncovered 7 buyer personalities that cover the general population. Watch our Head of Insights and COO, Anastasia Lloyd-Wallis break down how you would market to this type of audience. Contact Anastasia: businessfitness@retaildoctor.com.au if you'd like to chat more on how to determine your buyer personas or read more here: http://ow.ly/iNhM50NLiNs #consumerinsights #buyerpersonas #personalityprofiling #limbicinsights #audiencemessaging #lifestylemarketing
