Gerald Storch

Major retail expansions pave the way for growth on the other side of the downturn. Check out our overview of some of the retailers that are expanding their footprints in and outside their core geographic territories. https://lnkd.in/euUGCUZz

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ICYMI: Catch up on the latest financials and public and private company insights shaping the retail and grocery industries. Access them at retailstat.com #RetailStats #Insights #RetailIndustry #ICYMI #Retail #RetailNews #RetailStat #RestaurantNews #Chapter11 #MandAs #Brands #Grocery

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💡 Struggling with excess apparel inventory? Seasonal changes and fluctuating demand can cause stock to pile up, impacting your cash flow. At REMEX, we offer simple and effective solutions to help you clear unsellable items quickly and efficiently. Check out our blog for tips on handling excess stock, including discounting strategies and fast liquidation options with REMEX. 🔗 Read more on our blog below

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Aligning Merchandising and Distribution for Seamless Retail Operations Merchandising and distribution, while distinct areas within a retail operation, are deeply interconnected. Misalignment between retail merchandisers and distributors can lead to stockouts, excess inventory, delivery delays, and customer dissatisfaction. When these two key functions work together, retailers can ensure the right products are available in the right place at the right time, leading to better inventory management, optimized sales, and fewer supply chain disruptions. Here’s a look at some tips to align merchandising and distribution and create a seamless and streamlined operation. #retail #brickandmortar #retailers #merchandisers #distribution #logistics

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For those who wonder how cannabis is grown and the details, here is an episode of Cannacribs, which walks you through the entire Culta process! Our secret is our team....... https://lnkd.in/e4df2r4Z

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Why Extensive Product Testing is So critical for CBD In recent years, CBD has surged in popularity due to its potential health benefits. However, with this popularity comes the responsibility of ensuring that products are safe, effective, and trustworthy.... #coa #testing #crucial #extensive #lab #labreports #knowthedifference #certificatesofanalysis #science #imbuebotanicals #pharmacy #pharmacist #healthandwellness #doctors #medicalprofessionals #holistic https://lnkd.in/eT5UGuCr

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Adding to your retail technology stack requires significant planning, cross-organization alignment and leadership support. Use our newest checklist, "10 Crucial Considerations During a Retail Technology Selection," so you don't miss a beat! Follow this checklist to select the retail solution that will align your people, processes and technology and enable your organization to reach its goals. Read it here: https://hubs.ly/Q02Y7Jzv0 Julie Cheney Allison McCabe Marta Rattazzi #Retail #RetailTechnology #RetailPlanning

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Remember to support local #retailers! "Two #retail giants are poised to dominate the U.S. retail landscape in the years to come. Amazon and Walmart have significantly increased their share of total and #onlineretail sales in the U.S. during the past six years, according to Forrester’s “U.S. Online Retail Forecast, 2024-2029.” If current trends continue, the two companies will account for one-fourth of total #retailsales and two-thirds of #onlineretailsales in the U.S. by 2029, with their combined retail sales reaching $1.5 trillion and online retail sales hitting $1.1 trillion, per the report." #larrytheleasinglawyer #shoppingandtheretailindustry

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If you're curious about why cost vs. retail is important, how shrink can be hidden, or why investigators need to dig into the numbers, you won't want to miss this episode of LPM's Inside Scoop Podcast!

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It’s no secret that retailers are cracking down on returns. In 2023, 81% of U.S. retailers implemented pay-to-return policies in some capacity. Shoppers racked up more than $5 trillion worth of retail sales in the U.S. last year, according to the National Retail Federation. About 14.5% of those sales were returned. That equates to an enormous value in returned goods: $743 billion in 2023 alone. Here's how companies are making an effort to tamp down on return losses.

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Flavored vape products dispute reaches SCOTUS. As the U.S. Supreme Court hears arguments in a case about the FDA's ban on flavored vape products, critical questions arise about public health, regulatory authority, and judicial oversight. Micah Berman, who holds a joint appointment at The Ohio State University Moritz College of Law and the College of Public Health, shared his insights with Reuters, highlighting the complexities of this case: "The FDA maintains that it simply followed a law largely designed to protect minors. Yet, e-cigarette manufacturers have sought to portray the FDA as an out-of-control agency that subjected them to a Kafkaesque series of constantly shifting and impossible-to-understand requirements." This case not only impacts public health but also reflects the broader tensions between regulatory agencies and judicial scrutiny. 📖 Read the full Reuters article to dive deeper: https://reut.rs/3B5zdxZ #SCOTUS #FDA #PublicHealthLaw

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FranchiseWire recently highlighted FastLane's ⚡️CarPool⚡️ program in their article, "Franchise FastLane’s CarPool Boosts Franchisor Performance." The piece focuses on one of CarPool’s #brand partners, SPENGA!💚 Check out the full article below to learn more!⬇️ #FranchiseFastLane #FastLane #Franchise #Franchising #CarPool #FranchiseWire #Article #SPENGA 

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📈 Introducing the second edition of the Equity Snapshot! This report delves into Walmart’s strategic moves, showing impressive Q2 gains and how its omnichannel approach and new services like Walmart+ continue to drive growth. Get insights into Walmart’s performance highlights and advantages in a shifting retail landscape. Stay tuned as Equity Snapshot continues to bring actionable financial analysis on leading companies.

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A whopping 73 percent of U.S. consumers blend online research, physical store visits, and options like buy-online-pickup-in-store or in-store returns before making purchase decisions. Dive deeper into the latest retail technology trends in our retail white paper: https://hubs.la/Q02x7htw0 #RetailTech #RetailTrends #RetailStrategy

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Congratulations to David Roselle, VP of Ecommerce Sales, Randa Apparel & Accessories, for being named one of The Lead Direct 60 honorees. The Direct 60 List honors executives redefining the go-to-market strategies for the world’s most iconic brands. These leaders leverage technology, digital innovation, and next-generation strategy to drive growth and position their brands for success in a consumer-centric, data-driven world. The Direct 60 List Honorees respond to evolving market conditions by leveraging technology and restructuring business practices. They deploy a combination of initiatives to meet the brand’s #growth objectives: strategic investments in #technology; advancing brand relevance and appeal (with existing and new customer segments); developing new products (or categories), effectively meeting #customer expectations or needs; spotting and mastering innovation trends; creating delightful, unique and optimized customer experiences; achieving agile, customer-centric, and data-driven organizations. #Retailing #Sales #Leadership

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