Remove 2007 Remove Consumer Remove Management Remove Marketing
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Why the Kmart-Target back end merger has been a decade in the making

Inside Retail

Compared to its sister brand Kmart, which has seen its market share grow exponentially in the past decade, Target has been suffering a slow decline, with its position in the middle of the market – not quite as value-based as Kmart, and not quite as high-end as Myer – making matters worse.

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Are more discounts on the cards before Christmas?

Inside Retail

In 2007, the cash rate was on an upward trajectory hitting an 11-year high of 6.75 Discounts were the order of the day, and consumers with any cash left in their wallets got a pre-Christmas treat at the shops. But compared to 2007, we’re in slightly new territory. We’ve seen it happen before. per cent in November.

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Retail appointments for the week

Inside Retail

Alquemie Group, which operates Ginger & Smart, Surfstitch and AG Lego certified stores in Australia and New Zealand, has recently appointed Kerry Cusack as managing director of vertical brands [pictured, right]. Prior to that, she was general manager of PAS Group’s Bondi Bather and Jets Swimwear. She joined Alquemie last month.

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Retail appointments of the week

Inside Retail

Doug Herrington has been named CEO of Amazon’s new Worldwide Amazon Stores business, which was formerly known as Consumer, and John Felton has been named the leader of the Operations business. He launched AmazonFresh in 2007 and has served on the e-commerce company’s senior leadership team since 2011.

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Retail appointments of the week

Inside Retail

Property group Mirvac has announced the upcoming retirement of chief executive and managing director Susan Lloyd-Hurwitz, as well as chair John Mulcahy. Myer’s general manager of omni experience exits. Loehnis currently serves as the president of Net-A-Porter, Mr Porter and The Outnet, and started at the company in 2007.

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Retail appointments for the week

Inside Retail

On Friday, JB Hi-Fi Group CEO Richard Murray officially left the consumer electronics company, where he has held various roles for the past 18 years, to lead Solomon Lew’s Premier Retail business; Terry Smart, previously managing director of The Good Guys and CEO of JB Hi-Fi, took over the top position.

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How 99 Bikes plans to return to profit with an electric-powered push

Inside Retail

The retailer also expects to benefit from the trend of electric bikes, and it has two national expos this year to showcase the company’s fleet to consumers. Founding 99 Bikes and taking flight Matt Turner, the current director of 99 Bikes, opened the first store in Milton, Brisbane, in May 2007.

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