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Ikea buys New Zealand land to expand forest management plan

Inside Retail

Ikea’s parent company Ingka Group has acquired 5,500 hectares of land in the South Island as part of its commitment towards responsible forest management. Responsible forest management creates jobs and adds value in the local communities by supporting the local economy,” said Krister Mattsson, MD of Ingka Investments, Ingka Group. “We

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SurfStitch managing director stepping down this week

Inside Retail

Justin Hillberg, managing director of shared services of SurfStitch-owner Alquemie Group, is stepping down from his role leading the surf brand’s restructure at the end of this week. The Alquemie Group remains in a very strong position with exciting plans for the future and a strong executive team that is focused on delivering growth.”. “The

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How H&M took workforce planning to the next level

Inside Retail

At fashion retail giant H&M group, workforce planning has become a critical part of daily activity. The creation of H&M’s workforce planning system began back in 2012 when the company deployed Board to track the performance of individual stores. The company operates some 4950 stores and has 126,000 employees.

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Myer’s latest trading update is a testament to putting the customer first

Inside Retail

Our focus remains on seeking to drive further and sustainable cost efficiencies and inventory management,” he added. Over the last five years as CEO, King has been enacting his ‘customer-first plan’ which has re-established Myer as Australia’s 8th most trusted brand, according to Roy Morgan.

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Concerned about quiet quitting? You might need a workplace wellness plan

Inside Retail

In May 2019, the World Health Organisation officially classified ‘burnout’ as a recognised illness, while a 2018 Gallup study found that of the 7,500 full-time employees surveyed, 23 per cent felt burned out at work very often or always, and an additional 44 per cent felt burned out sometimes.

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Meet the Aussie e-commerce aggregator that plans to be a unicorn next year

Inside Retail

In 2019, third-party sellers generated roughly 60 per cent of Amazon’s product sales, double the percentage they represented a decade ago, Marketplace Pulse found. It has already acquired several e-commerce businesses in Australia, where it plans to focus its efforts. The numbers behind the business model. Fours levers to grow revenue.

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Exclusive: Vietnamese fashion operator eyes international expansion plan

Inside Retail

In just 10 years, Vietnamese fashion retail operator Maison Retail Management International (MRMI) has built a network of more than 120 retail stores across 18 high-profile international fashion brands. The post Exclusive: Vietnamese fashion operator eyes international expansion plan appeared first on Inside Retail.

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