Black Friday spending to drop 50%: average Brits to spend £141
As the Black Friday shopping frenzy approaches, a seismic shift in consumer behaviour is on the horizon.
22 November 2023
22 November 2023
As the Black Friday shopping frenzy approaches, a seismic shift in consumer behaviour is on the horizon.
New research reveals a crucial vulnerability in the retail sector—insufficient training for line managers, especially in handling sensitive employee relations matters.
The Home Depot said the acquisition is part of its aims to build a “unique, interconnected ecosystem” to support professional contractors.
The retailer expects diluted EPS to range from $2.30 to $2.70 for FY23, compared to prior range of $2.10 to $2.70.
New research examines retail rental rates in prime locations in cities around the world against a post-pandemic and inflationary backdrop.
The retailer raised its full-year PBT from previous guidance of £28m to between £28m and £33m.
The retailer expects EPS to be in the range of $0.74 to $0.94 for the full fiscal year (FY) of 2023.
The retailer’s revenue increased 36.7% YoY to 3.79bn yuan during the quarter.
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Initially, retailers used AI for basic tasks, including inventory management and demand forecasting. However, its usage has now become more prevalent in other aspects such as personalized marketing, customer service, pricing optimization, and supply chain management. With the rise of ecommerce and the increasing importance of data-driven decision-making, AI adoption in retail and apparel has accelerated. The industry now relies on AI to enhance the shopping experience, optimize business operations, and gain an overall competitive edge.
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