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Coles beefs up provision for historical underpayment of management

Inside Retail

Coles says it has provisioned a further $25 million to cover possible underpayments to the salaried management staff of its retail businesses as it continues an internal probe into its payroll. In late 2021, the Fair Work Ombudsman said it believed Coles had underpaid thousands of salaried employees by $115 million since 2017.

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Myer sacks 50 head office staff, outsourcing tech roles to India

Inside Retail

The source added that Myer did not give the employees – or even managers – any warning and that senior leaders just asked the laid off staff to come into a specified room one by one to receive the news. In 2017, the Australian Financial Review reported that Myer slashed 50 jobs by outsourcing its contact centre and digital services functions.

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Fawkner Property to acquire Cairns Central for $390 million

Inside Retail

Fawkner Property has agreed to acquire Cairns Central from Lendlease-managed Australian Prime Property Fund Retail (APPF Retail) for about $390 million. ” Lachlan MacGillivray of Colliers International and Sam McVay of McVay Real Estate managed the sale, the closing of which is expected in late February next year. .”

Shopping 278
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Myer sacks head office staff, outsourcing tech roles to India

Inside Retail

The source added that Myer did not give the employees – or even managers – any warning and that senior leaders just asked the laid off staff to come into a specified room one by one to receive the news. In 2017, the Australian Financial Review reported that Myer slashed 50 jobs by outsourcing its contact centre and digital services functions.

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Brisbane’s Post Office Square goes through multimillon dollar renovation

Inside Retail

Global investment manager LaSalle, which acquired the property in 2017, said that 17 new and existing tenants have already signed leasing agreements at the centre. Brisbane’s Post Office Square is going through a multi-million dollar redevelopment in anticipation of a resurgence of food courts as more workers return to offices.

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Drytac’s Peter Bourgeois assumes responsibility for extended Territory Sales Manager role

Drytac

Alongside his existing role as Territory Sales Manager for Western Canada, Peter Bourgeois will assume responsibility for the North West USA region. Peter joined Drytac as Territory Sales Manager for Western Canada in February 2017 and has played a major role in driving sales throughout the region.

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Drytac promotes Emily Butcher to the role of Customer Service Manager for UK and Ireland

Drytac

Drytac , the leading international manufacturer of self-adhesive materials for the large-format print and signage markets, is delighted to announce that Emily Butcher has been promoted to the role of Customer Service Manager for the UK and Ireland.