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How AI is set to revolutionise inventory management

Inside Retail

Great product diversity, changing consumer demands, and the expansion of e-commerce have turned inventory management into a major pain point for retailers. Poor inventory management results in overstocking and under-stocking, impaired cash flow, and losses from theft and spoilage. Here are some reasons why: 1.

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Wendy’s international boss talks about the burger brand’s Aussie plans

Inside Retail

We plan on using local ingredients sourced in Australia wherever possible. The outcome of these discussions will help inform the specifics of our franchising model for this market. Wendy’s plans to enter the Australian market on the east coast, and the company is exploring major cities like Sydney, Melbourne and Brisbane.

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Wendy’s international boss on the burger brand’s Aussie plans

Inside Retail

Wendy’s Burgers is ramping up its expansion in Australia , after announcing plans to enter the market last year. We plan on using local ingredients sourced in Australia wherever possible. We also plan to align resources to further support development acceleration across the US and international segments.

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How to Manage Seasonal Sales and Promotions Across Multiple Locations

Compliantia

Understanding how to manage seasonal sales and promotions is key to running a successful store. This job of managing promotions becomes more complex when you start adding multiple locations into the mix. This job of managing promotions becomes more complex when you start adding multiple locations into the mix.

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How AI and Lean could be the fix to your Covid hangover

Inside Retail

Too often, they forget that their company’s baseline is deteriorating, while their attempt to harness the next big idea never delivers as expected on the bottom line. The chatbot’s talk is that AI is the next big idea and, thus, potentially the next banana for management. Leaders often get caught out chasing the next big idea.

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“Impossible to ignore”: Witchery MD’s plans to capitalise on digital growth

Inside Retail

Managing director Simon Schofield discusses the new bricks-and-mortar experience and the brand’s revitalised product range. In the past year, one of our proudest initiatives has been formalising our commitment to Reconciliation through our first Reconciliation Action Plan.

Planning 246
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Witchery works its magic: Inside its growth plans for 2022

Inside Retail

After two years of riding a rollercoaster of challenges from delivery delays to quickly pivoting to online initiatives, Witchery managing director Simon Schofield is hopeful about the future of the business, with the re-emergence of large-scale fashion events, the introduction of greater diversity and new shopper behaviours.

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