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Inside Designworks’ four-pronged expansion strategy

Inside Retail

And it supplies to department stores, such as David Jones, Myer, Kmart and Big W. According to Norton, Designwoks plans to expand in four key areas. We have a Coles business and a volume department store business, and because they have FMCG offerings, it meant that they were open a lot of the lockdown,” she said. “We

Expansion 246
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Department Stores – what does the future hold?

Retail Focus

The huge increase in online shopping over the past decade or so has had a major impact on department stores, with many consumers turning to Amazon, eBay and other online shops for shopping, rather than a more traditional trip out to a physical store. Changing culture of shopping.

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Three key takeaways from Wesfarmers’ strategy day

Inside Retail

On Thursday morning, the heads of Wesfarmers’ retail businesses, Bunnings, Kmart, Target, Catch and Officeworks, presented their growth strategies to investors at the company’s annual strategy day. Bunnings recently opened the first new format Adelaide Tools store in Parafield, South Australia. Here are three key takeaways.

Strategy 246
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‘Big plans’: Seafolly CEO talks international expansion

Inside Retail

“A majority of our customers start their journey with Seafolly online before heading into the store, providing our customers with a seamless omnichannel experience is a priority for us. “We We recognise the importance of the intersection of digital and physical experience, and we’ll continue innovating across both spaces.”.

Expansion 130
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Outgoing Myer CEO John King on why Black Friday might overtake Christmas

Inside Retail

At Myer’s annual general meeting this week, outgoing CEO John King predicted that trading activity on Black Friday would likely surpass Christmas, with the department store preparing stock ahead of time to mitigate any logistical delays related to potential industrial action. per cent increase in total sales to $3.36

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David Jones’ turnaround strategy buds as conditions normalise

Inside Retail

The department store giant’s adjusted operating profit rose 85.5 The first principle, knowing your customers, is incredibly important to a luxury department store business like David Jones, Fyfe said. We’ve got a consistent plan about how we will celebrate these events with our customers. Looking forward.

Strategy 130
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Retail’s new range: The evolution of merchandise planning

Inside Retail

This is creating new challenges for retail operations, including a particular demand for agile merchandise planning and supply-chain processes. These activities require frequent decisions on product assortment, store, and floor-space allocations. The complex shift to omnichannel. Australians are shopping online more than ever.