Remove 2008 Remove Consumer Remove Flow Remove Shopping
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Are more discounts on the cards before Christmas?

Inside Retail

Many of us brought forward our Christmas shopping to make the most of the discounts aplenty. 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.

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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. Today, with data analytics, shopping habits are far easier to assess.

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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

McLeod drove change at UK supermarket group Asda in the UK ahead of its sale to Walmart, was chief merchandise officer and board member of Walmart Germany from 2000-01, led the turnaround of Halfords, the UK auto parts chain prior to its float – and then took the helm of Coles in Australia for five years from 2008.