Sun.Jun 04, 2023

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Myer CEO and MD John King to retire

Inside Retail

Myer’s CEO and MD John King has announced he will retire in the second half of the 2024 calendar year and return to the US. In an ASX announcement, the department store’s board thanked King for his “extraordinary contribution” and added that his decision to leave is based on “being with his family as their health circumstances demand.” King has more than 30 years of experience in retail across department stores, specialty retailing and premium global brands in the US and UK.

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Rimowa, London

Retail Store Windows

We love to see floral displays. The one thing which we find odd however is when flowers are placed in a scheme where you are able to see the stalks. Some fake floral displays can look incredibly real, that is until you see the stalk element and we're not entirely sure what the solution to this is apart from simply showing the flower element face on as the larger flowers here indicate.

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Best & Less takeover offer goes unconditional

Inside Retail

The takeover bid for discount fashion retail brand Best & Less Group (BLG) by BB Retail Capital has been accepted by sufficient shareholders to become unconditional. BB Retail Capital is a private investment firm owned by Australian businessmen Brett Blundy and Ray Itaoui who made an off-market cash offer of $1.89 per share last month. The company’s interests are currently controlled by investment group Allegro, which holds a 32.43 per cent share while the Bignor Family, a company associated

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Coles beefs up provision for historical underpayment of management

Inside Retail

Coles says it has provisioned a further $25 million to cover possible underpayments to the salaried management staff of its retail businesses as it continues an internal probe into its payroll. Back in February 2020, Coles said it had identified shortfalls in the remuneration of management and subsequently conducted a review into pay arrangements for all such team members covered by the General Retail Industry Award (GRIA).

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Turn Payments Into Personalization: Unlock the Value of Transaction Data

Speaker: Loreal Lynch, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

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Placemaking and personal relationships: How to think local, act global

Inside Retail

The 2020 pandemic was the most profound shared experience for a generation, creating a moment that brought everyone closer together and leaving us with a far greater appreciation of local businesses. In this sense, ‘community’ reached far further than our local neighbourhoods and brought a national, or even global, connection. Building relationships with retail staff We used to have relationships with many retail staff members; the banker we knew by name, the butcher who knew the family and the

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Three ways to boost retail recruiting efficiency in a tight labour market

Inside Retail

In the face of a tight labour market, retailers in Australia are gearing up their hiring efforts to drive optimal business performance. However, as labour shortages, budget constraints, and the lingering effects of Covid-19 recovery persist, businesses find themselves navigating through an entirely transformed retail landscape. Here are three tips to help retailers combat hiring challenges this year: Meet candidates where they are It starts with meeting candidates where they are: their mobile p

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