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CEOs exit: The Reject Shop, Best & Less leaders step down

Inside Retail

The CEOs of two discount retail chains — The Reject Shop and Best & Less Group — have stepped down with immediate effect today citing personal reasons. Steven Fisher, chairman of The Reject Shop, said the board and team have thanked Bishop for his work over the past six months and wish him well.

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“A big vote of confidence”: Why Walmart’s store upgrades are key

Inside Retail

And it added new “dollar shops” for consumers to pick through seasonal, more affordably priced items. As Neil Saunders, managing director and retail analyst at GlobalData, told Inside Retail , “Having produced a string of good numbers over the past few years, Walmart is currently one of the stars of the retail market.”

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Retail appointments of the week

Inside Retail

Best and Less, The Reject Shop CEOs depart By Rakshnna Pattabiraman The CEOs of two discount retail chains — The Reject Shop and Best & Less Group — have stepped down with immediate effect today citing personal reasons.

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Surveillance and Strobe Lights: Walmart, Target and Other Major Retailers Level Up Their Loss Prevention

VMS

Mass merchants and major retail chains are reaching deeper into their bag of tricks this year to prevent holiday shoplifting. People planning to shop in stores will not want to go in to these locked and over-secured stores. The new anti-crime measures have industry observers warning about their effect on shoppers.

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Retail crime: Why foiling shoplifters takes a team effort

Inside Retail

Customer theft has long been recognised as retailers’ primary source of loss, accounting for about half of all crime-related losses. When we sought answers from LP managers, enquiring about the tactics customers engaging in theft employed, their responses were both enlightening and disheartening.

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What is Omni-channel Retail?

Retail Bound

Although many new product companies are finding success selling on Shopify or Amazon, online sales still only represent 20% of all retail sales, whereas offline channels like brick-and-mortar locations, catalog, TV Shopping and Reward and Incentive markets represent 80%.

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Why Book Depository’s closure could be a “net benefit” for Australian booksellers

Inside Retail

I believe the ‘shop local’ message has been processed and many consumers are happy to contribute their hard earned money to sustaining jobs and businesses where they live. Lewin also highlighted the fact that Australia has a diverse bookselling industry, with a number of retail chains including Dymocks, Readings and Harry Hartog.

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