Remove 2008 Remove Consumer Remove Flow Remove Management
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Reinvest and innovate: Key takeaways following Fenton & Fenton collapse

Inside Retail

This collapse follows the demise of Australian furniture brand Brosa late last year – which cited declining sales and cash flow pressures – as well as heightened challenges faced by small-to-medium sized retailers that are struggling to cope with rising costs, and a slowdown in foot traffic and consumer activity. The jury is out.”

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Are more discounts on the cards before Christmas?

Inside Retail

Of course, two more rate rises would follow in 2008 with the cash rate peaking at 7.25 Discounts were the order of the day, and consumers with any cash left in their wallets got a pre-Christmas treat at the shops. The alternative is a white-knuckle ride and a few calls from your bank manager. per cent before it began to fall.

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More recessions lessons from Greenlit Brands, Camilla, Super Retail

Inside Retail

And below is part two, featuring advice from Greenlit Brands CEO Michael Ford, former Target Australia CEO Launa Inman and Camilla CEO Jane McNally about the lessons they learned during the Global Financial Crisis of 2008 and how they apply to the current environment. Of course, you also have to manage costs, but that’s always important.

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Camilla CEO: ‘I definitely didn’t have a grand career master plan’

Inside Retail

But in truth, he was a retail pharmacist working for Boots, and it was at a time when the company thought it was important to move their management every three years so they could bring fresh thinking into the stores and the regions. On the back of that post-grad, I had a fortunate early break.

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“It’s the right time to open some stores”: Ksubi CEO Craig King

Inside Retail

But when you’re growing a business, particularly an international fashion business, it’s particularly heavy on resources and cash flow. In 2008, they actually went into administration. The direct-to-consumer part of the business is the strongest and the fastest-growing now. They were a victim of their own success.

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Former Coles CEO Ian McLeod reflects on a transformative career in retail

Inside Retail

Scotsman Ian McLeod has built his retail career around managing transformation, having worked on every continent of the planet except Antarctica – “There are not many stores there,” he quipped. And it varied from country to country and market to market.” We were talking about them being the fourth emergency service, and I think that was true.”

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America’s Energy Security Is Falling Apart

Robinson Meyer

should produce as much oil and natural gas as it consumes. Bush said in 2008. “In In 2019, the country actually produced more oil than it consumed for the first time in 62 years. That almost invariably has meant asking Saudi Arabia, which geology has blessed with the world’s most agile oil reserves and which the U.S.