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What Rite Aid’s collapse reveals about the challenges of pharmacy retail

Inside Retail

Since filing for bankruptcy last week, pharmaceutical retail chain Rite Aid has received interim approval to access up to US$3.45 The fall of the pharmaceutical retail chain Rite Aid isn’t the only pharmaceutical retailer in the US that is facing financial challenges.

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How Dubai sportswear giant GMG aims to crack the Southeast Asia market

Inside Retail

GMG is a Dubai-based company with distribution rights for more than 120 global brands in the Middle East and Southeast Asia, and a portfolio of multi-brand retail chains across sports, food and beauty. This move also enhances the company’s ability to serve Southeast Asian consumers.

Marketing 130
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Grill’d CEO Simon Crowe on how drive-thru will inform its future growth

Inside Retail

Meanwhile, in Australia, retail chains including 7/11, Ferguson Plarre Bakehouse , and BWS have recently explored the drive-thru concept. Unlike fashion, he believes Grill’d is immune to the consumer spending downturn. per cent to 2030.

Strategy 246
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Why a major rent reset didn’t occur following the Covid-19 pandemic

Inside Retail

The pandemic simply didn’t last long enough and consumer behaviours didn’t change enough for that to happen. There was a temporary panic, which enabled large retail chains to exert pressure on their landlords to drop rents or face store closures. That window opened and snapped shut quickly. Wrong again.

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Analysis: The driving force behind Hong Kong’s retail revolution

Inside Retail

Retailers and consumers have been urged — or forced — to take their transactions into the digital marketplace. Statista, 2021) According to a digital retail survey conducted by KPMG and YouGov in 2019, 77 per cent of mainland respondents described themselves as “tech savvy.” New consumers. New brands . New operations.

Consumer 147
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Training retail sales teams? Here’s why face-to-face won’t cut it anymore

Inside Retail

We understand that organising training can be time consuming… But, delivering training online can take the hassle out of planning staff training. Training your team with a Learning Management System means that you can push training out to your team in just a matter of clicks. And that can mean increased revenue. .

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Retail appointments of the week

Inside Retail

Russel Creedy, group CEO, joined the business in 2001 as supply chain manager and served as GM for Pizza Hut in New Zealand. Restaurant Brands is a corporate franchisee and specialises in managing multi-site branded food retail chains. He took on the CEO role in 2007. Creedy will retire on 31 March next year. “I