Inside Retail

MARCH 14, 2024

Co-founded by Tim Brown and Joey Zwillinger in 2015, the company quickly became a hit amongst Silicon Valley-types and raised over US$200 million from venture capital investors, including Tiger Global Management, Lerer Hippeau, and Maveron. From Warby Parker, Allbirds and others; the CEO touts the new cash to fund capex and store expansion.

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Inside Retail

MAY 8, 2024

In April, L’Occitane Group announced the appointment of Green Yip as regional managing director for travel retail Apac. Green Yip: I grew up in a large family with five other siblings in Hong Kong, so that’s where I first realised how much I liked to be around people. Inside Retail: Tell me about your career journey.

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Inside Retail

OCTOBER 5, 2022

This balance is crucial because of the negative impact that stress has on employees and their productivity. Employees will vote with their feet if employers don’t get the balance right. Some organisations need a fast-paced and dynamic culture to succeed, while others seek a more relaxed and stable culture.

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Inside Retail

MAY 12, 2024

Yep, Google has once again pushed back its plan to deprecate third-party cookies in Chrome. Google first announced its plan to deprecate cookies in January 2020, aiming for a phase-out within two years. Prioritise your own data collection and management. Sorry, what are third-party cookies again?

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Inside Retail

NOVEMBER 6, 2023

With real-time task management and peer-to-peer communication solutions, you can deliver the speed, power and ease your workforce needs to lift productivity and service. Zebra Workcloud Timekeeping tracks staff members’ time, attendance and compliance, making it easier to monitor and manage labour costs.

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Inside Retail

JULY 6, 2022

Supply chain disruption may have become a singularly hot topic in retail circles these past years, but a focus on improving supply chain planning and forecasting is far more than just a passing trend. The systems are now being employed to manage volatility in demand and material shortages throughout the global supply chain.”.

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Inside Retail

MARCH 8, 2024

Sometimes, sales and margin underperformance happen quickly; on other occasions, it takes a while for management to realise they are trending downward. The first rule for managing a turnaround is acknowledging the performance problems early enough, rather than at the 11th hour, when there are few cards left in the deck to play.

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Inside Retail

APRIL 20, 2021

As customer expectations change beyond the Covid-19 pandemic, it’s come into stark focus that most businesses need to re-evaluate the way they plan and run their operations. More people can be involved in decision-making through effective workflow-based interactions, with an exploration of alternative plans becoming the norm.”.

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Inside Retail

AUGUST 23, 2022

And while the business’ sales stayed flat compared to FY21, Endeavour Group has managed to diversify itself across the alcohol retail space, with a number of new brands and offers now online, signalling new potential moving forward. Helpful as well was the fact the Endeavour Group didn’t suffer the same supply chain issues as other retailers.

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Inside Retail

NOVEMBER 9, 2022

We’ve set out differentiators in our strategic plan, and we continue to make good progress against all of them,” he said. If we balance all those items, we believe we’ll get more customers, and more support.”. The post Coles defends sustainability plans as it enters a “transformational year” appeared first on Inside Retail.

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Inside Retail

MAY 16, 2024

The plan is to reach 20 stores globally within the next few years, with a focus on strategic growth across both the direct-to-consumer business and international wholesale. IR: Do you have any favourite apps or tools you use to manage your time? IR: Do you have any hobbies that help you switch off and stay balanced?

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Inside Retail

APRIL 28, 2021

Woolworths Group has pulled the plug on plans to open a Dan Murphy’s store in Darwin after an independent panel ruled that the development should not go ahead. The post “We did not do enough”: Woolworths cans plans for Darwin Dan Murphy’s appeared first on Inside Retail. Total Group sales reached $16.5 billion, a 0.4

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Inside Retail

JUNE 15, 2023

JB: Managing a team and executing plans were the hardest challenges I had to face, especially when time and resources are limited. I had to find the balance between managing the team and executing our plans, which can be difficult when there are competing priorities. IR: What’s your approach to work-life balance?

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Hobbies Balance Management Planning 130

Inside Retail

NOVEMBER 9, 2023

This year’s AGM occurred at a time of significant management change at Myer, as King, JoAnne Stephenson, who is chairperson of the board, and Nigel Chadwick, the retailer’s CFO, are all scheduled to depart their roles in the coming months. I think our systems and checks and balances are robust enough for us to get through,” King said.

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Inside Retail

NOVEMBER 6, 2023

Here, she discusses her philosophy for finding and managing good people, the global company’s sprawling plans for expansion, the importance of an exciting customer experience in toy stores, and more. IR : Can you discuss how your previous experience has shaped your leadership and management style? PC: Great question.

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Inside Retail

FEBRUARY 21, 2024

The entrepreneurial couple spoke with Inside Retail about launching their luxury gifting company , plans for building up the brand in the year ahead, and how they maintain a peaceful work-life balance. IR : What is your approach to work/life balance? SBC: We realise there may never be a true balance but we try to juggle it all.

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Gifts Balance Management Space 130

RetailMinded

MAY 22, 2023

The answer is yes, through tax planning. Tax planning involves financial planning to achieve tax efficiency. As a retail business owner, if you’re wondering how to practice tax planning, this guide is for you: Practice Good Bookkeeping Taxes are closely tied to your business finances.

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Inside Retail

JANUARY 24, 2022

“While we are seeing Omicron impact sales post Christmas, we will continue to focus on growing our strong online business, ongoing engagement across our Myer One program and disciplined management of costs and inventory,” CEO John King said in a statement. Online sales now account for 27.7 per cent of group turnover, up from 20.2

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Inside Retail

APRIL 26, 2022

Here, Australia and New Zealand general manager Preet Bains discusses the brand’s omnichannel strategy, the sensory appeal of its unique stores and the key to maintaining the relevance of a legacy brand. . It is our aim to stimulate all the senses and keep a healthy balance between mind and body.

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RetailMinded

AUGUST 29, 2022

Retail revenue management primarily aims at selling the appropriate product to the right customer at the right time for the right price. Here are four tips to effectively manage and optimize retail revenue: . Among other perks, technology improves the overall shopping experience by making it faster, hassle-free, and convenient.

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Inside Retail

JUNE 14, 2023

An ever-evolving space According to Dr Seshan Ramaswami, associate professor of marketing education at Singapore Management University, Singaporeans were already in the process of transitioning to e-shopping for purchases before the pandemic hit. Others may follow.

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Inside Retail

NOVEMBER 6, 2022

Heading into November are we meant to be planning for Christmas, or making the most of these big sales events (we’ll use ‘BFCM’ as shorthand to refer to these sales but we mean all the sales happening around this time of year)? These figures also show how the balance of retail spending has crept earlier too. Christmas planning cycles.

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Inside Retail

FEBRUARY 6, 2023

On Monday, restructuring firm McGrathNicols announced it was tapped to handle Openpay’s operations, with Barry Kogan, Jonathan Henry, and Rob Smith appointed as joint receivers and managers. At the same time, Openpay said its bank balances and other cash equivalents sat just north of $17 million. million over the quarter.

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Inside Retail

AUGUST 1, 2023

Premium chocolatiers, much like other companies specialising in discretionary goods, are facing challenges brought about by current macroeconomic conditions. This on top of other supply chain disruptions, including higher-than-usual fertilisation costs, and the war in Ukraine.

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Gifts Customer Engagement Apparel Balance 246

Inside Retail

JANUARY 4, 2024

In supermarkets, AI can be utilised for fresh produce management, with a centralised model to enhance inventory optimisation and replenishment. Category management – for example, range and assortment planning, pricing strategies – is a typical use case where AI can augment human decision-making.

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Inside Retail

DECEMBER 17, 2023

A joint £5 billion bid from Reliance Industries and Apollo Global Management was rejected, with other interest from Asda, brothers Mohsin and Zuber Issa, CVC and Bain Capital. trillion in managed assets. per cent, contributing $32.5 million, whilst the beauty-focused EAORON-branded skincare products accounted for $4.6

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Inside Retail

MAY 8, 2023

At the same time, he believes that attention should not be lost on other embedded risks such as IP protection, quality control and production reliability, safety, and a sluggish adoption of environmental and sustainability goals. The need to balance risk and profitability should also include optionality and contingency planning,” he added.

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Flow Management Strategy Balance 130

Inside Retail

JANUARY 28, 2024

American fast-food chain Chipotle made headlines last Wednesday when it announced it would be providing updated benefits for its approximately 110,000 employees and the upcoming surge of workers it is planning to hire this year. While some refer to this as The Great Resignation, others call it ‘The Great Reshuffle’.

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Inside Retail

JANUARY 22, 2023

It enables specialty brands to reach target audiences, who are stocking up on clothes, supplies, technology requirements and other essentials ahead of the school year. General manager Ian Taunton pointed to the launch of its online game Fitopia on Roblox, as an innovative and engaging way of reaching that target audience.

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Inside Retail

MAY 9, 2024

OHTNYC’s past and bright future ahead From initially crafting jewellery on his commute, to now having over 80 SKUs, Woo has shifted from being a one-man show, handling everything from product design to marketing himself, to managing a team of seven to eight part-timers. I think branding, design, and growing the brand itself, it’s fun to me.

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Retail Focus

JANUARY 30, 2023

Using home equity allows investors to acquire more property with less outlay compared to purchasing through cash or other financing methods. How to Calculate Your Available Equity and Set Up a Plan for Investment To begin investing in commercial real estate with home equity, you need to know how much equity you have.

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Flow Planning Balance Management 130

Inside Retail

OCTOBER 25, 2023

Compagnie Financière Richemont said that the European Union was the last regulatory authority that was required to provide clearance, and Richemont is planning to complete the deal later during the fourth quarter of 2023. However, there are a few more hurdles first. Emirati business mogul Mohamed Alabbar would acquire 3.2

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Inside Retail

SEPTEMBER 20, 2021

Managing and maintaining Covid-19 safe operations for all customers and employees is stressful. On top of that, managing the panic buying and aggressive customers, increased workloads due to social distancing, and lack of job security are all contributing to mental health issues for retail employees. Understand your legal obligations.

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Inside Retail

NOVEMBER 29, 2021

Supply chains were invisible – pulled, twisted, and managed by retailers in such a way that shelves were always full. This is particularly true for retail supply-chain management. It could take years for a new balance to emerge. Consumers never cared how those products got there, just that they were there. Start with the data.

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Inside Retail

APRIL 22, 2024

More details Emil Fazira, food insight manager in Asia at Euromonitor International, said street stalls and kiosks buoyed overall industry growth during the 2019 to 2024 period with a 4 per cent CAGR in terms of value sales. Other new names on the scene include South Korea’s Compose Coffee and Canada’s Tim Hortons.

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Inside Retail

MARCH 7, 2023

Buyers and investors will often compare you to other brands in the market, so being able to clearly define your brand’s key elements is very important. Have a clear point of differentiation from your competitors and be able to describe this relative to other brands. This includes your target customer, product range and price points.

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Inside Retail

NOVEMBER 29, 2022

Other new research also links this growth to rising profits. It’s all about perfecting the balance of pricing and products in the right platform. Cost-to-serve elements are essential to managing price and profit but can be overlooked in the race to stand out on value perceptions or promotions. . per cent annually.

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