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What to know about Woolworths’ appointment of its first female CEO in 100 years

Inside Retail

The appointment of Amanda Bardwell as Woolworths Group’s next managing director and CEO, effective September 1, marks a historic moment for the parent company of Woolworths Supermarkets and Big W, which reported nearly $65 billion in sales last financial year. She took on her most recent role, as the managing director of WooliesX, in 2017.

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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.

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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 It might involve some short-term disappointment, but you’ll be better off managing inventory levels more reliably than not marking down quick enough in the hope you’ll keep a more respectable margin. per cent in November.

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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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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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Singapore Launches World’s First Multi-Sector Transition Taxonomy

Eye on ESG

These targets aim for net-zero emissions by or around 2050, with intermediate goals of emission reductions by at least 20%, and striving for reductions of 30% by 2030 as compared to 2008 levels. The post Singapore Launches World’s First Multi-Sector Transition Taxonomy appeared first on Eye on ESG.

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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.”