Inside Retail

FEBRUARY 23, 2023

From there, I’ve worn many hats in our support office and in various roles across the merchandise function: from demand planning to buying to buying manager. The other lesson I’ve learnt is to talk to your customers regularly. Instead, turn off those new message notifications and balance your attention to where it’s needed.

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Inside Retail

SEPTEMBER 7, 2023

There are days you find yourself working the retail floors, or behind the computer fighting fires, or planning with the team on next year’s collections or meeting shareholders, and the list goes on. IR: What’s your approach to work-life balance? Balance only happens when these different aspects are well integrated.

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Inside Retail

SEPTEMBER 7, 2023

There are days you find yourself working the retail floors, or behind the computer fighting fires, or planning with the team on next year’s collections or meeting shareholders, and the list goes on. IR: What’s your approach to work-life balance? Balance only happens when these different aspects are well integrated.

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Inside Retail

JUNE 1, 2023

Growing consumer expectations of free delivery and free returns are placing pressure on retailers who on one hand recognise customer demand, but on the other are trying to reduce their operating costs. Others might order two or three sizes of the same item and return the ones that don’t fit. “It’s

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Inside Retail

SEPTEMBER 14, 2023

From robotics to artificial intelligence (AI), Warehouse Management Systems (WMS) to the internet-of-things, the vast majority of organisations either have, or are planning to install automation technology in their supply chain in 2023. So, it’s crucial to have flexibility and to be able to sweat the assets you already have.

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Inside Retail

MARCH 19, 2024

Don’t fall into the trap of assuming they think and act the same, so use a mixture of email, SMS, social media, and other channels to communicate with them.” Balance customer experience with recovering shipping costs: Daly advocates caution when calculating shipping fees so as not to impact the customer experience.

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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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Planning Balance Form Marketing 240

Inside Retail

OCTOBER 10, 2022

The secured creditors are therefore entitled to prove in the administration of the company for the balance of their debts that are not discharged from the proceeds from the sale. The post Frasers Group buys Sneakerboy, plans to revive business appeared first on Inside Retail.

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Inside Retail

AUGUST 6, 2024

Other brands’ revenue increased 8 per cent to $455.0 “We advanced further on the Reinvent transformation plan. We are on track to deliver our targeted cost savings and we have addressed one of our top financial priorities to strengthen the balance sheet with the announced sale of Supreme.”

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Outdoor Apparel Balance Planning 264

Inside Retail

APRIL 8, 2021

Dutch fashion retailer Scotch & Soda is accelerating its global expansion plans with a total of 15 new brick-and-mortar stores and 12 shop-in-shops opening worldwide over the next six months. IR: How are you planning to grow the brand in Asia Pacific? We have modernised our brand icon and brought a new life and movement into it.

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Inside Retail

MARCH 14, 2024

Two-and-a-half years post-initial public offering (IPO), the company’s market capitalisation had diminished to about US$116 million in after-hours trading on March 12, and it had less than US$130 million in cash on its balance sheet. From Warby Parker, Allbirds and others; the CEO touts the new cash to fund capex and store expansion.

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Planning Expansion Strategy Consumer 130

Inside Retail

AUGUST 26, 2024

Other segments’ revenue stood at $837 million. “The financial pressures on households and families have been front of mind for us this year and we have endeavoured to deliver value across our supermarket, liquor and online offerings to help customers balance the household budget,” said Leah Weckert, Coles CEO.

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Inside Retail

SEPTEMBER 24, 2023

In the fiercely contested and competitive footwear and apparel space, New Balance is one of the fastest-growing global sports brands, with the organisation attracting and engaging the next generation of customers. New Balance is also expanding in Australia, this month opening a new concept store in Bondi Junction , Sydney.

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Inside Retail

JULY 4, 2024

We spoke with Taymoor Atighetchi, the founder and CEO of popular British online stationery brand Papier , about his approach to time management and work-life balance and his best advice for emerging entrepreneurs. My take on work/life balance… I don’t totally subscribe to the concept. I love time with my family and I love my work.

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Balance Planning Concept Management 162

Inside Retail

APRIL 21, 2022

It has to be a supercharged Champagne experience from the minute you walk through the door, and feel superior in production like every other element of our business, so I’m taking my time to get it right.”. Upon launch, the service will use subscribers’ previous purchases to predict other wines they might like and recommend them.

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Retailing Insight

MAY 2, 2024

You can acknowledge your personal cycle while also acknowledging your environment’s season, knowing the two do not need to compete with each other. Now might be a good time to put plans into motion or to take a big risk. Two seemingly competing energies are working together, side by side without getting in each other’s way.

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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

NOVEMBER 22, 2023

Platypus has already launched nine new locations this year, with plans to establish an additional 30 by the end of June. Then other flagship stores will be refitted to sit within this model, such as Pacific Fair.” Sneaker retailer Platypus has opened its 200th store, marking a “significant” milestone in the company’s history.

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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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Planning Fashion Balance Line 147

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

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 post AI-driven solutions take supply chain planning to the next level appeared first on Inside Retail.

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Inside Retail

AUGUST 23, 2022

Helpful as well was the fact the Endeavour Group didn’t suffer the same supply chain issues as other retailers. It’s a balancing act as ever, and things will get back to normal, but the first half of this year is going to be a bit lumpy to put it mildly.”. Inside Dan Murphy’s The Cellar store at Lane Cove. per cent and hotels 13.4

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Planning Pattern Customer Engagement Balance 130

Inside Retail

JUNE 25, 2024

A merger with Sigma Pharmaceuticals remains the preferred option for restructuring Chemist Warehouse but if that plan is quashed by regulators or Sigma shareholders there is a plan B. A straightforward initial public offering is a live option for Chemist Warehouse following extensive planning over six years.

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Apparel Department Stores Planning Fashion 277

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. Investigate options such as contextual targeting and other privacy-centric solutions.

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Advertising Planning Balance Marketing 246

Inside Retail

SEPTEMBER 17, 2024

Yet, other retail experts like Steve Dennis, president and founder of SageBerry Consulting, believe that going private makes sense for the American legacy retailer as it will be easier for the business to take more aggressive strategic actions than it could as a public company. What happened to Nordstrom?

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Inside Retail

JULY 3, 2024

As the women’s athleisurewear retailer continues to hit its stride in Australia and “sell lots of sneakers”, Brennan relies on her leadership team to push each other to be the best they can be. Some days I drop the kids at school (which we all love), others I get in to work early depending on my schedule.

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Rhythm Hobbies Balance Strategy 147

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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Planning Strategy Other Balance 52

Inside Retail

NOVEMBER 9, 2023

Myer director Ari Mervis will succeed Stephenson as chairperson, while Chadwick, who plans to retire early next year, will be replaced by deputy CFO, Matt Jackson. We are well placed for the Christmas and Black Friday peak, which we believe will be even bigger that Christmas [and] have strong plans in place to capitalise on customer demand.”

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Department Stores Balance Planning Line 264

Inside Retail

MAY 8, 2024

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. Key is to focus on finding the best possible solutions after careful assessment and creating a workable plan of action and taking it step by step.

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Hobbies Balance Management Perspective 147

Inside Retail

SEPTEMBER 5, 2024

I also batch my meetings to block out one-and-a-half days a week to be free of meetings, to allow myself to get into planning or deep-focus time. Other than that, I try to keep meetings to 25 or 50 minutes and plan to take a short break and move around before my next meeting. I switch off and remain balanced by… Surfing.

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Balance Planning Management Space 147

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 6, 2023

Using AI, Workcloud Scheduling can analyse trading patterns, taking into account influences such as weather, local events and other factors influencing customer traffic, order volumes and product preferences. 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

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. Rule 3: Hope is not a plan Retail turnarounds don’t just happen. Don’t develop a plan A without a credible plan B, C, or D. The 2024 Australian Retail Outlook is out now.

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Flow Planning Strategy Management 130

Inside Retail

SEPTEMBER 16, 2024

As a design studio, it’s crucial for us to be immersed in the creative scene, and Bangkok offers the perfect balance between its thriving arts culture and the commercial demands of consumers. IR : Are there further expansion plans in Southeast Asia? Thailand, in particular, stood out as a perfect fit. RT: Yes, definitely.

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Fashion Marketing Expansion Strategy 130

Inside Retail

NOVEMBER 23, 2023

According to data from financial analysis firm Mozo, 41 per cent of Australians said they would buy Black Friday deals on credit, despite more than a third of them already struggling to pay off their credit balance each month. Will we start to see a shift away from heavy discounting, and toward providing value in other ways?”

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Consumer Balance Fashion Display 264

Inside Retail

JUNE 20, 2024

Under proposed changes to the Payment Systems (Regulation) Act 1998 (PSRA), the definition of ‘payment system’ and ‘participant’ will be expanded, giving the RBA more power to regulate the conduct of BNPL providers, digital wallet participants, and other new competitors in the payments space.

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Consumer Balance Planning Space 264

Retail Focus

AUGUST 7, 2024

Balance Your Lunch What you eat for lunch can majorly influence how you feel afterwards. On the other hand, meals that are well-balanced and packed with nutrients give us sustained energy. With some planning and strategic snacks and breaks, you can stay focused and alert all day.

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