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Joe Keenan
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Similarly, a $1 price increase for a Vera Bradley baby dress and bloomers ($48 to $49) also saw no price resistance from customers, Scheele said. The price change lifted the product's revenue by 6 percent. Overall, Vera Bradley has realized a 4 percent increase in revenue for its baby collection products based on First Insight analysis, Scheele said.
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Joe Keenan
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Joe Keenan is the executive editor of Total Retail. Joe has more than 10 years experience covering the retail industry, and enjoys profiling innovative companies and people in the space.
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