Why brands are banking on new store formats amid cautious return to the high street
Matthew ValentineWith a host of retailers returning their attention to physical retail, finding new formats that entice consumers could be key to growth.
With a host of retailers returning their attention to physical retail, finding new formats that entice consumers could be key to growth.
Outgoing Unilever CEO, Alan Jope, said its top performing brands are benefitting from the “strongest innovation line-up” it has had for years.
The majority of sales and marketing organisations have failed to adapt fast enough as the digital landscape evolves, the report by the CMO Council finds.
Brands are returning to the recruitment market, but skills shortages and inflationary wage demands are holding up the traffic.
Brand building gives companies greater flexibility in setting the prices that customers will pay, but the strategy requires commitment, says Les Binet.
Marketing spend on discounts and loyalty rewards at its highest level for two decades as the cost of living crisis bites into consumer spending.
One takes a minimalist approach while the other is crammed full of text, but both made consumers stop and take note.
Are retail media networks driving changes to loyalty schemes as shopper data becomes essential to supplier relationships?