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Bags and Luggage Specialist Retailers: The highly fragmented channel of bags and luggage specialist retailers recorded 3% value growth in 2016. Given the positive economic landscape, the channel’s results were also boosted by growth in the travel market. As the number of trips increases, demand for luggage rises. At the same time, the channel continued to be impacted by counterfeiting. Recent reports claimed that the illegal market leads to annual losses in Portugal of EUR12 million in bags…
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After a positive year in 2015, El Corte Inglés is certain to remain faithful to its current business strategy and further invest to differentiate itself from competitors through the superior levels of customer service provided, as well as investment in product quality and warranties. With the main Portuguese cities increasing their tourism levels, El Corte Inglés is also predicted to focus on the hiring of polyglot employees capable of easily communicating with the increasing number of…
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Jeronimo Martins Polska intends to expand its presence in major Polish cities, where there is still room for new openings. The company is focusing on developing its offer in response to new trends and strong price competition. A lower number of openings are expected than during the review period, in parallel with an emphasis on upgrading and remodelling existing outlets.
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Avon Cosmetics Polska remains the largest direct selling company in Poland. The company is focusing on improving its traditional sales model thanks to newly acquired agents and their continuous education. At the same time the company is trying to combine traditional forms of direct selling with opportunities provided by the internet. Avon is improving the functioning of its website and is active in social media. With Poland being Avon’s most significant European country in terms of sales and…
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Nakumatt Holdings will maintain its ongoing branch expansion pace in Kenya and the East Africa region. Alongside the expansion plans, the retailer will be continuing its efforts to scale up its regional market share through a strategic project geared at enhancing its customer experience. Some of the ways it will do this is by rewarding its customers through the loyalty point scheme, improving overall store experience by providing more space and reorganising store arrangements and by holding…
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Migros Tic aims to focus on sustainable growth and productivity. With its new strategic partner, Anadolu Group, the company aims to open about 200 new outlets in 2016, as well as increase the productivity in its existing outlets. In the highly competitive environment of retailing, Migros Tic aims to raise its penetration by investing in private label and providing competitive prices for quality products.
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Dogus Grubu, through its online platform n11.com, aims to further improve its position within internet retailing. As an online marketplace the company aims to further improve its services both for dealers within its platform and delivery services for its customers.
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After 21 years operating in Portugal, Lidl’s main strategy for the country is to convince Portuguese consumers that the brand is no longer purely a discount retailer. While at the beginning of operations Lidl outlets only sold private label products, the reality is changing as it adapts to Portugal. Nonetheless the low-price strategy is certain to remain Lidl’s focus. After a period of incisive expansion throughout the country, Lidl’s goal is likely to be investment in the continued…
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Africa Internet Group, with its Jumia Kenya internet retailing website, is positioning itself to be a launch pad for international brands entering Kenya through strategic partnerships as well as growing its operations countrywide with the aim of Jumia’s becoming the leading internet retailing channel brand in Kenya. To do this, it is engaging in consumer education and active marketing online.
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Supported by an efficient and proven multilevel marketing strategy, Vorwerk Portugal’s main goal for the forecast period is to boost the sales of its popular flagship product, the Bimby multifunctional cooking appliance. In order for this scenario to materialise, Vorwerk executives are likely to continue investing in the development of a “Bimby Community”. This begins with the direct sales strategy of product demonstrations, while the evolution planned by Vorwerk is to implement a marketing…
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Despite the increasing number of violent incidents in Turkey, especially in the second half of the year, grocery retailers succeeded in registering current value growth of 10% in 2016. With its high potential, modern grocery retailers played an important role in this growth, as it increased by 17% in current value terms in 2016. The key players in grocery retailers changed their overall approach to retailing. First of all, the perception of “big being good” disappeared, thanks to the…
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Being originally a wholesaler and retailer of building materials, Armazéns Reis has only recently moved into retailing after Moviflor, a homewares and home furnishing store, declared bankruptcy and was subsequently taken over by Armazéns Reis. Despite experiencing a controversial bankruptcy process, Moviflor is considered a historic furniture and home decoration brand and was acquired by Armazéns Reis as a defined business strategy to reach a younger consumer stratification. As a result,…
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The forecourt retailer market is competitive and led by PAZ Oil’s Yellow brand, which remains the market leader and continues to launch innovative concepts in branches such as falafel shops. The company launched an internet retailing website in 2016, where consumers can purchase products online and pick them up at local Yellow branches. This not only increases sales but also adds foot traffic to outlets as well. The company is expected to expand its product portfolio over the internet and to…
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The company has been affected by the entry of other international brands into the market, including American Eagle, H&M and Forever 21. In addition, the continued success of internet retailing is affecting the company’s sales as well. Gottex Brand’s strategy to improve sales is to bring other brands to Israel, such as Old Navy or Banana Republic, which are owned by Gap Group.
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Suning Commerce Group plans to continue its transition plan in the forecast period, expanding its cloud stores, developing its O2O business model, and increasing its penetration of Northwest China, benefiting from the Belt and Road Initiatives.
Also Read – http://www.marketwatch.com/story/global-organic-snack-food-market-research-report-2021-2021-03-09
Euromonitor…
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Bags and Luggage Specialist Retailers: Bags and luggage specialist retailers posted current value growth of 1% in 2016. The channel remains highly fragmented, and dominated by hundreds of independent outlets operating on a local scale. It clearly benefits from changing fashions, which particularly matter to female consumers. The assortment of bags and luggage specialist retailers favours constant demand, as women’s handbags, wallets, men’s briefcases and other goods need to be replaced…
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LPP aims to strengthen its leadership in apparel and footwear in Poland and expand its sales abroad. The strategic objective of the company is to develop in Western Europe, including Germany, even though this direction is quite expensive and the competition is strong. The company also intends to open new stores in Eastern Europe, including in Russia, Ukraine, Romania and Belarus. The company announced further growth in the sales area, planned to reach 8-9% in 2017, and double-digit growth in…
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Lederle/Whitehall Laboratories is expected to maintain its fifth ranking position in consumer health and its leading positions in vitamins and dietary supplements, vitamins and multivitamins in Saudi Arabia thanks to the company’s popular global brands Centrum and Stresstabs. In addition, the company has heavily invested in advertising campaigns, primarily posters in doctors’ surgeries and chemists/pharmacies. Strong consumer loyalty to its brands has also assisted the company in its…
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Riyadh Pharma Medical & Cosmetic Products Co Ltd’s strategic aim is to strengthen its position within consumer healthcare. The company is expected to continue to forge partnerships with key international players through licensing agreements.
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Adult mouth care continued to post a healthy value performance in 2016. This was due to an increase in consumer health awareness campaigns at local hospitals and medical colleges in cooperation with public and private dental clinics to promote good oral health. In addition, increased advertising, mainly from global players, and the increasing numbers of educated consumers continued to help boost the value sales of the leading brands during 2016. As a result, adult mouth care recorded…
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