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How 99 Bikes plans to return to profit with an electric-powered push

Inside Retail

Australian specialty retailer 99 Bikes has announced its B Corp certification as the business continues to backpedal from its $12.4 The retailer also expects to benefit from the trend of electric bikes, and it has two national expos this year to showcase the company’s fleet to consumers. million loss in FY23 after a $23.7

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Suburban shopping strips are struggling, but they still have time to evolve

Inside Retail

While there is still a lingering Covid shadow on some shopping strips, including those in capital city central business districts (CBDs), other factors are impacting the viability of suburban retail precincts. The slump in consumer spending as inflationary cost-of-living pressures bite into household budgets is an immediate challenge.

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The story behind Australia’s first online homewares supercentre

Inside Retail

Gremos – who founded and was previously the CEO of the Decorug retail group – told Inside Retail that Homemakercentral enables traditional stores to compete against pure-play e-commerce vendors , while also providing consumers with a one-stop-shop to browse, compare and shop. For us the equation is very simple,” he said. “To

Curate 130
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Open to Buy: The Retail Business Art

Retailing Insight

It is the process of developing a great sales forecast and combining it with a sales and inventory plan to create cash flow. Lots of specialty retail stores plan their business by “buying what we sold last year” or “we expect to be up 2%.” Both consume cash flow like an army of college kids at a pizza-eating contest.

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What is Omni-channel Retail?

Retail Bound

The retail landscape has been dramatically changing in recent years, forcing businesses to accommodate multiple channels when selling to consumers. All retailers are not the same, and a good go-to-market retail store strategy will consider the pros and cons of going with a large retail chain, a regional chain, or a specialty retailer.

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How Malaysian department store Pavilion is connecting with customers

Inside Retail

The retail industry in Malaysia has struggled during Covid, but shopping centre Pavilion in Kuala Lumpur has continued to find a way to reach consumers. Here, we chat with CEO of retail, Dato’ Joyce Yap, about the future of malls and how sector have evolved in the past year.

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Retail appointments for the week

Inside Retail

Cusack was previously head of international business at menswear specialty retailer Retail Apparel Group. At Alibaba, Liu served as general manager of Tmall Fashion and Luxury from 2012 to 2019, which grew to become China’s largest fashion business-to-consumer online platform under her leadership.