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17 Sep

Selfridges’ Latest Owners Are Bullish About Britain, and Retail,

by Beautifaire101
Fashion, Featured
Selfridges’ Latest Owners Are Bullish About Britain, and Retail,
LONDON – Britain may not be a part of the EU, but for certainly one of its best-known retailers, the European adventure is barely just starting. Selfridges, purchased late last 12 months by Central Group and Signa Holding, isn’t getting a radical makeover anytime soon, nevertheless it’s about to profit from an overall 1 billion euros in planned investment. That cash has been earmarked for Selfridges, and other high-end European department shops owned by Central and Signa, which for years have been snapping up properties in city centers and searching to set recent standards in luxury lifestyle retail. Selfridges is the partners’ latest acquisition, and their plan is to make key tweaks to the business, but to not the general strategy, operations or...
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14 Sep

These Black-Owned FemTech Corporations Brought Retail Innovation To Essence

by Beautifaire101
Nails, Featured
These Black-Owned FemTech Corporations Brought Retail Innovation To Essence
Big data has long had a giant inclusivity problem. Often, AI algorithms are built with systems that may contain racial and gender biases that leave a big group of individuals unseen and unheard. That’s what led Jessica Couch and Brittany Hicks to found consumer insights and consulting firm Fayetteville Road–the name is a play on their North Carolina roots. Graduates of North Carolina State University andNorth Carolina Agricultural and Technical State University respectively, they each learned in regards to the inner working of retail management and recognized a few of the blind spots. “I worked in tech as a product manager for several years for numerous retail tech corporations, and I had also gotten my experience for data and...
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12 Sep

More Than Half Of Small Retail Businesses Might Close

by Beautifaire101
What's The Tea, Featured
More Than Half Of Small Retail Businesses Might Close
Every industry is being impacted by inflated costs, but retailers appear to be getting it the worst. Retail Dive recently reported that in response to recent report findings by Alignable, a referral network for small business owners, the industry is poised to lose greater than half of their corporations. Per the findings, nearly half of small business owners, including 59% of outlets, shared they’re susceptible to shutting down before winter, a jump from 12% from the 35% that said the identical a yr ago. It looks much more troubling for minority-owned businesses (52% may very well be shuttered by fall) and women-owned businesses (53%). It looks like those in certain parts of the country are more liable to...
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