Inside Retail

JUNE 1, 2023

Growing consumer expectations of free delivery and free returns are placing pressure on retailers who on one hand recognise customer demand, but on the other are trying to reduce their operating costs. Others might order two or three sizes of the same item and return the ones that don’t fit. “It’s

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Balance Promotion Strategy Consumer 130

Inside Retail

MARCH 19, 2024

Don’t fall into the trap of assuming they think and act the same, so use a mixture of email, SMS, social media, and other channels to communicate with them.” Balance customer experience with recovering shipping costs: Daly advocates caution when calculating shipping fees so as not to impact the customer experience.

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Planning Customer Retention Social Media Marketing 290

Inside Retail

SEPTEMBER 14, 2023

From robotics to artificial intelligence (AI), Warehouse Management Systems (WMS) to the internet-of-things, the vast majority of organisations either have, or are planning to install automation technology in their supply chain in 2023. So, it’s crucial to have flexibility and to be able to sweat the assets you already have.

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Other Layout Planning Strategy 130

Retailing Insight

MAY 2, 2024

You can acknowledge your personal cycle while also acknowledging your environment’s season, knowing the two do not need to compete with each other. Now might be a good time to put plans into motion or to take a big risk. Two seemingly competing energies are working together, side by side without getting in each other’s way.

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Inside Retail

MARCH 14, 2024

Two-and-a-half years post-initial public offering (IPO), the company’s market capitalisation had diminished to about US$116 million in after-hours trading on March 12, and it had less than US$130 million in cash on its balance sheet. From Warby Parker, Allbirds and others; the CEO touts the new cash to fund capex and store expansion.

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Planning Expansion Strategy Consumer 130

Inside Retail

OCTOBER 5, 2022

This balance is crucial because of the negative impact that stress has on employees and their productivity. Employees will vote with their feet if employers don’t get the balance right. Some organisations need a fast-paced and dynamic culture to succeed, while others seek a more relaxed and stable culture.

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Planning Balance Form Marketing 240

Inside Retail

OCTOBER 10, 2022

The secured creditors are therefore entitled to prove in the administration of the company for the balance of their debts that are not discharged from the proceeds from the sale. The post Frasers Group buys Sneakerboy, plans to revive business appeared first on Inside Retail.

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Inside Retail

APRIL 8, 2021

Dutch fashion retailer Scotch & Soda is accelerating its global expansion plans with a total of 15 new brick-and-mortar stores and 12 shop-in-shops opening worldwide over the next six months. IR: How are you planning to grow the brand in Asia Pacific? We have modernised our brand icon and brought a new life and movement into it.

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Inside Retail

SEPTEMBER 24, 2023

In the fiercely contested and competitive footwear and apparel space, New Balance is one of the fastest-growing global sports brands, with the organisation attracting and engaging the next generation of customers. New Balance is also expanding in Australia, this month opening a new concept store in Bondi Junction , Sydney.

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Balance Concept Apparel Engagement 264

Inside Retail

MAY 12, 2024

Yep, Google has once again pushed back its plan to deprecate third-party cookies in Chrome. Google first announced its plan to deprecate cookies in January 2020, aiming for a phase-out within two years. Investigate options such as contextual targeting and other privacy-centric solutions.

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Advertising Planning Balance Marketing 244

Inside Retail

APRIL 21, 2022

It has to be a supercharged Champagne experience from the minute you walk through the door, and feel superior in production like every other element of our business, so I’m taking my time to get it right.”. Upon launch, the service will use subscribers’ previous purchases to predict other wines they might like and recommend them.

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Inside Retail

NOVEMBER 22, 2023

Platypus has already launched nine new locations this year, with plans to establish an additional 30 by the end of June. Then other flagship stores will be refitted to sit within this model, such as Pacific Fair.” Sneaker retailer Platypus has opened its 200th store, marking a “significant” milestone in the company’s history.

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Balance Expansion Strategy Location 264

Inside Retail

NOVEMBER 9, 2022

We’ve set out differentiators in our strategic plan, and we continue to make good progress against all of them,” he said. If we balance all those items, we believe we’ll get more customers, and more support.”. The post Coles defends sustainability plans as it enters a “transformational year” appeared first on Inside Retail.

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Planning Balance Light Other 130

Inside Retail

APRIL 20, 2021

As customer expectations change beyond the Covid-19 pandemic, it’s come into stark focus that most businesses need to re-evaluate the way they plan and run their operations. More people can be involved in decision-making through effective workflow-based interactions, with an exploration of alternative plans becoming the norm.”.

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Planning Fashion Balance Line 147

Inside Retail

MAY 8, 2024

Green Yip: I grew up in a large family with five other siblings in Hong Kong, so that’s where I first realised how much I liked to be around people. Key is to focus on finding the best possible solutions after careful assessment and creating a workable plan of action and taking it step by step.

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Hobbies Balance Management Perspective 147

Inside Retail

JULY 6, 2022

Supply chain disruption may have become a singularly hot topic in retail circles these past years, but a focus on improving supply chain planning and forecasting is far more than just a passing trend. The post AI-driven solutions take supply chain planning to the next level appeared first on Inside Retail.

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Planning Pattern Management Flow 130

Inside Retail

APRIL 28, 2021

Woolworths Group has pulled the plug on plans to open a Dan Murphy’s store in Darwin after an independent panel ruled that the development should not go ahead. The post “We did not do enough”: Woolworths cans plans for Darwin Dan Murphy’s appeared first on Inside Retail. Total Group sales reached $16.5 billion, a 0.4

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Planning Engagement Consumer Shopping 234

Inside Retail

AUGUST 23, 2022

Helpful as well was the fact the Endeavour Group didn’t suffer the same supply chain issues as other retailers. It’s a balancing act as ever, and things will get back to normal, but the first half of this year is going to be a bit lumpy to put it mildly.”. Inside Dan Murphy’s The Cellar store at Lane Cove. per cent and hotels 13.4

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Planning Pattern Customer Engagement Balance 130

RetailMinded

MAY 22, 2023

The answer is yes, through tax planning. Tax planning involves financial planning to achieve tax efficiency. As a retail business owner, if you’re wondering how to practice tax planning, this guide is for you: Practice Good Bookkeeping Taxes are closely tied to your business finances.

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Planning Strategy Other Balance 52

Inside Retail

NOVEMBER 9, 2023

Myer director Ari Mervis will succeed Stephenson as chairperson, while Chadwick, who plans to retire early next year, will be replaced by deputy CFO, Matt Jackson. We are well placed for the Christmas and Black Friday peak, which we believe will be even bigger that Christmas [and] have strong plans in place to capitalise on customer demand.”

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Department Stores Balance Planning Line 264

Inside Retail

MARCH 8, 2024

Sometimes, sales and margin underperformance happen quickly; on other occasions, it takes a while for management to realise they are trending downward. Rule 3: Hope is not a plan Retail turnarounds don’t just happen. Don’t develop a plan A without a credible plan B, C, or D. The 2024 Australian Retail Outlook is out now.

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Flow Planning Strategy Management 130

Inside Retail

NOVEMBER 6, 2023

Using AI, Workcloud Scheduling can analyse trading patterns, taking into account influences such as weather, local events and other factors influencing customer traffic, order volumes and product preferences. Zebra Workcloud Timekeeping tracks staff members’ time, attendance and compliance, making it easier to monitor and manage labour costs.

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Pattern Harmony Balance Line 299

Inside Retail

MAY 16, 2024

The plan is to reach 20 stores globally within the next few years, with a focus on strategic growth across both the direct-to-consumer business and international wholesale. We have set days where I like everyone to be in the office on Mondays, Tuesdays, and Thursdays and then the team have the flexibility to work from home on the other days.

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Hobbies Balance Fashion Boutique 147

Inside Retail

JUNE 15, 2023

JB: Managing a team and executing plans were the hardest challenges I had to face, especially when time and resources are limited. I had to find the balance between managing the team and executing our plans, which can be difficult when there are competing priorities. IR: What’s your approach to work-life balance?

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Hobbies Balance Management Planning 130

Inside Retail

NOVEMBER 23, 2023

According to data from financial analysis firm Mozo, 41 per cent of Australians said they would buy Black Friday deals on credit, despite more than a third of them already struggling to pay off their credit balance each month. Will we start to see a shift away from heavy discounting, and toward providing value in other ways?”

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Consumer Balance Fashion Display 264

Inside Retail

FEBRUARY 21, 2024

The entrepreneurial couple spoke with Inside Retail about launching their luxury gifting company , plans for building up the brand in the year ahead, and how they maintain a peaceful work-life balance. IR : What is your approach to work/life balance? SBC: We realise there may never be a true balance but we try to juggle it all.

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Gifts Balance Management Space 130

Inside Retail

MAY 8, 2024

Here, we speak with Wolf & Badger co-founder and CEO George Graham about his plans to continue driving global retail growth. IR : What is your approach to work/life balance? Today, the US is its largest market. IR : Since launching the company back in 2010, what changes have you witnessed within the retail industry?

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Boutique Hobbies Balance Fashion 130

Inside Retail

NOVEMBER 6, 2023

Here, she discusses her philosophy for finding and managing good people, the global company’s sprawling plans for expansion, the importance of an exciting customer experience in toy stores, and more. And that is true for the toy industry as much as any other. IR : Can you discuss cost savings or capital raising plans moving forward?

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Gifts Hobbies Planning Management 246

Inside Retail

JUNE 14, 2023

Other than international players like Amazon, numerous Chinese platforms such as Taobao and AliExpress had been making major inroads among Singaporean shoppers,” he told Inside Retail. Others may follow. He thinks RedMart may have to branch out into food delivery or perhaps towards deli-type and ready-to-eat foods in the future.

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Marketing Balance Promotion Consumer 246

Retail Focus

APRIL 12, 2024

How many guests do you plan to invite? Remember, the venue should feel neither too cramped nor too vast – striking the perfect balance will contribute to a warm and inviting atmosphere. Additionally, consider the venue’s availability for potential rehearsal dinners, post-wedding brunches, or other related events.

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Unity Location Harmony Space 130

Inside Retail

MARCH 13, 2023

In what the national property agency CBRE described as a ‘flash survey’, 83 per cent of Australian respondents across a snapshot of the Asia Pacific region indicated expansion plans. CBRE contends that despite the “heightened cost of living pressures” business confidence was running high and leading to a lift in leasing inquiry rates.

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Retail Sales Contrast Expansion Location 244

Inside Retail

FEBRUARY 4, 2024

Investors cautious about growing pains Amer Sports’ stock market debut signals that it has no plans of slowing down and is in fact looking to accelerate its growth. But I think it’s just a short-term view on this,” Amer Sports CEO, James Zheng, told Bloomberg following the opening.

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Sporting Goods Fashion Outdoor Apparel 130

Inside Retail

APRIL 7, 2024

The organisation has supported about 2500 young people since its foundation in 2015 and while it accepts philanthropy, endeavours to be as independent as possible, retaining control of its own destiny and never being reliant on others to continue the work it does. We don’t have 10 days, we had eight hours.”

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Rhythm Concept Merchandising Perspective 264

Inside Retail

JANUARY 24, 2022

The results demonstrate the continued momentum of our Customer First Plan and the resilience of the business to overcome the initial months of lockdowns and still record significant sales growth during this period.”. Myer’s momentum in online sales growth remained strong, with group online sales 54.3-per-cent Online sales now account for 27.7

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Department Stores Balance Management Engagement 246

Inside Retail

AUGUST 1, 2023

Premium chocolatiers, much like other companies specialising in discretionary goods, are facing challenges brought about by current macroeconomic conditions. This on top of other supply chain disruptions, including higher-than-usual fertilisation costs, and the war in Ukraine.

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Gifts Customer Engagement Apparel Balance 246

Inside Retail

FEBRUARY 6, 2023

At this time, customers will no longer be able to use the Openpay platform for new purchases, but are still required to pay any outstanding balances in accordance with their existing agreements,” McGrathNicol added. At the same time, Openpay said its bank balances and other cash equivalents sat just north of $17 million.

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Balance Expansion Strategy Planning 130

Inside Retail

JANUARY 28, 2024

American fast-food chain Chipotle made headlines last Wednesday when it announced it would be providing updated benefits for its approximately 110,000 employees and the upcoming surge of workers it is planning to hire this year. While some refer to this as The Great Resignation, others call it ‘The Great Reshuffle’.

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