Inside Retail

OCTOBER 13, 2021

In this article, we outline how your business can strengthen its cash flow and grow by providing more payment options to retail business customers. While trade credit may be convenient for your customers as they don’t need to pay anything upfront, it can cripple your business’s cash flow when payments are late. . Boost cash flow.

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Inside Retail

SEPTEMBER 18, 2023

Tong Li – Sydney’s largest Asian grocery chain with 19 stores – has installed Glory Global Solutions (Glory)’s CashInfinity closed-loop cash handling system in 13 stores over the past three years, with the other nine scheduled to convert in the coming year. His advice to other retailers considering adopting the solution? “If

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Inside Retail

FEBRUARY 8, 2023

This, he said, is “causing needless harm and cash flow challenges for small and family businesses.” Managing director at Spenda, a B2B payments solution company, Adrian Floate said that larger businesses should take more responsibility to pay in an appropriate time frame, and improve conditions for smaller players.

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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

NOVEMBER 15, 2021

Once you’ve worked with certain customers for a while, you know which accounts are reliable payers and others that perpetually pay late. Plus, when you factor in that an estimated 40 per cent of all finance functions can be fully automated, this means your business can enjoy major time savings that come from smarter debtor management. .

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Parcel Pending

SEPTEMBER 30, 2021

The first step in solving the problem is understanding the courier delivery process flow. These and other omnichannel trends have emerged from customers wanting what they want, when they want it, and where they want it. That exacerbated the expense of managing returns.”. Welcome to Personalized Logistics. Retrieved from: [link].

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Inside Retail

APRIL 10, 2024

“I think you find that in retail, getting started in those sorts of projects requires senior management, usually the finance team, to really understand what’s possible,” Christophe DuMonet, managing director of Esker Australia, a global cloud platform that offers AI-based order-to-cash and source-to-pay solutions, told Inside Retail.

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Compliantia

FEBRUARY 28, 2023

Among other things, stricter regulations around consumer privacy, the imminent demise of third-party cookies, and the launch of Apple’s iOS 14.5 Store Operations Best Practices Also, ensure that they are teachable and can manage several customers at once without compromising the shopping experience. That’s right. How did we get here?

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Inside Retail

OCTOBER 20, 2021

For example, a Business Characteristics Survey from the Australian Bureau of Statistics found that 41 per cent of businesses needed finance to strengthen their cash flow while a further 30 per cent of companies were in need of capital to upgrade machinery and equipment. . Limit credit exposure, get paid on time and drive improved cash flow.

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E Delevry

NOVEMBER 1, 2023

This free-to-attend webinar, held at 13:00 GMT on Wednesday 08 November, will see an expert panel discuss how the leading retailers in Europe manage supply chain disruption; clean up their logistics processes; and create positive delivery experiences. There will also be a look ahead to 2024, and the delivery trends the new year may bring.

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Inside Retail

AUGUST 8, 2023

This highlights some of the challenges that investing in sporting facilities and events can present for retail and other industries. In the wake of the Commonwealth Games decision we would be keen to see a focus on other options that will create buzz and attract visitors.” Public holidays: impediment or opportunity?

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Inside Retail

NOVEMBER 7, 2023

It is important that retailers recognise that BFCM is a sales opportunity that expands well beyond a four-day weekend,” advises Ben Eversfield, senior customer success manager at Klaviyo. Flows guide deal-driven leads through the marketing funnel and will delight loyal customers with relevant content.

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Inside Retail

OCTOBER 13, 2022

What inspired the company to get started with SMS marketing: “We wanted to reach and engage with our customers in a way that is easiest for them,” says Megan Wearing, digital marketing manager at JSHealth. Loyalty flows, specifically ‘points reminders,’ have also been very successful for us.”. Bangn Body.

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Parcel Pending

MAY 12, 2021

In today’s competitive market, property managers need to constantly be on the lookout for new ways to both attract new residents and retain their current residents. This is no easy task for multifamily real estate owners and property managers. Greater technological integration in the property management space. Others are not.

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Retailing Insight

NOVEMBER 14, 2023

T he Magic of Cash Flow: Fueling Business Growth through Effective Management is the final article in a four-part series that explores the four pillars of a successful business. Cash – Manage your cash flow, manage your growth. The first step is understanding what the cash flow challenge of your business is.

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Eye on ESG

JANUARY 16, 2022

The sustainable investing market is witnessing remarkable growth: since 2018, annual cash flows into sustainable funds have increased tenfold. Now, more than ever, investors and asset managers alike seek sustainable products and strategies offering robust financial returns. You can find Parts I and II here and here. Challenges.

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Inside Retail

FEBRUARY 22, 2024

The appointment of Amanda Bardwell as Woolworths Group’s next managing director and CEO, effective September 1, marks a historic moment for the parent company of Woolworths Supermarkets and Big W, which reported nearly $65 billion in sales last financial year. She took on her most recent role, as the managing director of WooliesX, in 2017.

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Inside Retail

MAY 8, 2023

China’s major role According to Rhyan Stephens, partner at McGrathNicol, China continues to play a major role in the global supply chain and influence the world’s flow of goods, both in terms of retail goods production and domestic retail consumption. 2022 also saw imported goods flow into China with a value of circa 18 trillion yuan (A$3.8

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Inside Retail

JUNE 14, 2021

The commitment follows similar pledges from other states such as Western Australia, Queensland, Victoria, and the ACT, as well as pledges from businesses across Australia, New Zealand and the Pacific Islands, such as the recent ANZPAC Plastics Pact. “The Our precious oceans and marine wildlife cannot afford to wait.

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Inside Retail

MARCH 16, 2023

Australia’s e-commerce boom has given rise to a healthy ecosystem of online shopping merchants commanding a sizable user base of local consumers – many of whom managed to weather the pandemic by riding a surge of digital sales. Shoppers are more sophisticated today and are looking more for value,” says Levy.

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Retail Times

MARCH 22, 2021

From finding the right vendors to crafting mutually-beneficial agreements with them, the pointers below should give you some ideas that you can apply in your supplier management processes. What is supplier relationship management? Instead, use a supplier management tool or a communications app like Slack to maximize efficiency.

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Inside Retail

SEPTEMBER 4, 2023

The barcode was initially developed to improve the checkout experience and inventory management in the grocery sector and it is now used in almost every industry and sector. 2D barcodes are now being implemented on food, pharmaceutical, and other products worldwide, providing even more information and traceability than traditional barcodes.

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Inside Retail

MAY 31, 2024

Coming to Australia The Australian launch and establishment of a local office will serve as a launchpad for other international markets across the Asia Pacific region. Australia’s largest retailers met with BMG CEO Boo Jalil and its newly appointed country manager for ANZ, Kevin Cliffe, via a new, Surry Hills showroom.

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VMS

MAY 13, 2021

was recognized for overall business performance and sustained growth with the prestigious Canada’s Best Managed Companies designation. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent process that evaluates the calibre of its management abilities and practices.

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Inside Retail

APRIL 18, 2024

In any event, the phrase ‘single-use’ was always a concoction because it simply ignores basic consumer behaviour: the bags are, or at least were, strong enough to reuse and adapt for other purposes. So why did the supermarket chains and other retailers roll over? That is an incredible failure of public policy and consumers paid for it.

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Inside Retail

FEBRUARY 20, 2023

And while other sectors in the economy, such as construction, have continued to battle with supply-chain disruptions and adverse weather, activity has been buoyant across the board in general; we estimate that GDP expanded by around 3.8 The RBA is set to tighten further before pausing to allow the impact of what’s been done to flow through.

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Retail Bound

MARCH 21, 2024

Source: Chron – The Advantages & Disadvantages of Offering Credit Improving Cash Flow Management – While extending credit carries inherent risks, it also allows wholesalers to manage cash flow more effectively. This not only improves cash flow but also strengthens customer relationships.

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Inside Retail

AUGUST 5, 2021

The bridge between our old normal and new normal is going to take an uncertain amount of time, and we’re not sure what’s on the other side. We know that if job-related stress hasn’t been successfully managed, it can lead to burnout, resulting in decreased productivity, increased absenteeism, poor morale, and increased employee turnover.

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Retail Focus

FEBRUARY 7, 2024

By connecting audiences through various channels like push notifications, in-app messages, emails, SMS, and WhatsApp, Pushwoosh facilitates seamless communication flows. With this tool, you can initiate event-triggered or scheduled message flows, build user segments right in the interface, and run A/B/n tests.

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Inside Retail

FEBRUARY 2, 2023

The products we make have a physiological benefit that other brands don’t have. Other tights provided physiological benefits with the graduated compression, but they were uncomfortable. There has to be something different about it, something unique. TheRY is a similar concept,” Davenport told Inside Retail.

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Inside Retail

APRIL 3, 2024

Here, Alias Mae’s general manager Kendra Anastasiadis speaks to the evolution of the business, which she joined in 2017 as the customer service and wholesale manager, how it diversified into direct-to-consumer (DTC) e-commerce, and what is next for the business. Our major wholesale accounts are managed in-house.

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RetailMinded

JANUARY 8, 2022

Use these four money management strategies to nail this role! . Efficient money management is key to business success, and it’s how you stabilize your small business and make it less likely to fail. . Yes, your business can fail if you don’t learn how to efficiently manage its finances right away. And the other way around. .

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Parcel Pending

FEBRUARY 14, 2022

As a property manager , you undoubtedly recognize that turning over a unit has a significant price tag – from cleaning to marketing to maintenance costs (especially in current market conditions ). To retain residents, here are 14 key property management incentive ideas to keep your residents in place. The Details of Incentives.

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Inside Retail

MAY 2, 2023

Our workers expect our managers to put in more discretionary effort, in return for which they may be treated favourably when a better offer comes along. This shouldn’t be an unfamiliar scenario – it’s just that the shoe is on the other foot. Your missing middle managers, who I call the B-Suite. And it’s uncomfortable.

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Inside Retail

AUGUST 6, 2023

This collapse follows the demise of Australian furniture brand Brosa late last year – which cited declining sales and cash flow pressures – as well as heightened challenges faced by small-to-medium sized retailers that are struggling to cope with rising costs, and a slowdown in foot traffic and consumer activity.

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Inside Retail

APRIL 4, 2022

Gen Z is treating BNPL like a cash management tool. Consumer attitudes towards money management are changing, now that younger consumers’ attitudes towards credit have shifted. Rather than being stuck with credit card interest, they are looking towards BNPL to help them manage their money. “It It is a very interesting time.

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Inside Retail

FEBRUARY 12, 2024

Clerc said the ongoing disruptions and market volatility emphasise the need for supply chain resilience, and reiterated that the firm’s path towards integrated logistics is the right choice for customers to effectively manage these challenges. Additionally, the cost and quality of production can vary significantly.

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