15% Growth & Efficiency Strategy slide image

15% Growth & Efficiency Strategy

Intensify Efforts to Optimize Our Owned DTC Channels 2 ā— ā— TRADING Increase our focus and investments in our direct channel as our primary growth vehicle Our customer places a high value on our stores and they will continue to serve as a critical piece of the omnichannel ecosystem: Convenient touchpoint for services like buy online pick-up in store/curbside, ship to store, and returns & exchanges Stores play an important role in servicing business needs, such as online fulfillment We are conducting research to better inform our future store decisions including location and size: Market research will provide better insight into the size and composition of markets and the opportunity to capture share Identify what the store of the future should look like at Duluth to best serve the needs of our customers and deliver sustainable growth and profitability Refine store "selling & service" model to drive continuous improvements in key KPI's September 3, 2021 11
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