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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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Naked Brands divests lingerie brand Bendon for $1

Inside Retail

“With available cash of $270 million, a clean balance sheet with no debt and a re-invigorated management team and board of directors, I could not be more excited to execute on our business strategy to ultimately drive revenue growth with positive free cash flow,” said Davis-Rice.

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Why Premier Retail is well-positioned for further acquisition opportunities

Inside Retail

Results in the past two years were bolstered by Covid management strategies, including landlord rent concessions and government JobKeeper payments. Good management no doubt but also quite likely a strategic move to position Premier Retail for further acquisition opportunities. per cent to $1.5 billion and net earnings up 4.9

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Too big to be small: Why retailers like Brosa struggle post-Covid

Inside Retail

Brosa attracted $5 million in Series B funding in 2017. It expanded from e-commerce – opening stores in Melbourne and Sydney in 2017 an d 2020 – invested in its technology capabilities, and strengthened its supply chain over the last few years. Walker said there’s also a risk of being too small to be big, and too big to be small.

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‘We were on a knife’s edge’: Greenlit Brands’ Michael Ford talks turnaround

Inside Retail

However, while the supply chain crisis has made managing inventory and customer expectations difficult, it has been good for Greenlit Brands’ balance sheet. . “We If you manage that efficiently, it can be cash flow positive, and we’ve found ourselves in that situation.”. to 30 cents in a matter of weeks. “The

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Are more discounts on the cards before Christmas?

Inside Retail

According to Google Trends, Black Friday sales didn’t become an Aussie thing until 2017. 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.

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

Inside Retail

You joined the business in 2017. 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. Paul Zahra: Let’s talk about your career. Where did it all begin?

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