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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. Bishop joined the company after terms as director of merchandise & marketing at Bunnings, and as COO at Officeworks.

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A marriage of convenience? Myer’s acquisition of Premier’s apparel brands

Inside Retail

It could also potentially offer to divest its My Chemist and or the My Beauty Spot chains to focus on its format warehouse stores which are estimated to generate around 70 percent of sales from retail merchandise. The Premier brands could also provide the department stores with expanded merchandise range options.

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

Inside Retail

However, not everything has been coming up roses for the mass retailer. While Walmart has successfully pulled in new shoppers for groceries, it has been less successful in its general merchandise business. Some of this is because core customers are more constrained and have cut their spending on non-food.

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Thai hypermarket Big C boosts profits with fresh food focus

Inside Retail

It has become a familiar theme among most Thai retail chains over the past year, with many reporting little or no same-store sales growth and poor results in departments like home appliances, furniture and DIY. Spare a thought for the home-improvement players especially. No shortage of ideas, but how much of it will stick?

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Westgate Oxford Announce Refreshed Brand Lineup for Summer

Retail Focus

The Danish homewares and lifestyle retail chain, Søstrene Grene, who have over 300 stores worldwide, opened on Friday, 9 th August, at 10am. Family-owned shoewear brand, Clarks , new store is named a ‘modern workshop’, and boasts a contemporary look, with bold design storytelling and rebooted merchandising.

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Dymocks will add 20+ new stores in three-year plan

Inside Retail

While retail has been tough in many categories through Covid, overall the book retail market has grown a significant 15 per cent over the last year, and Dymocks has had its share of this business boost. He is focused on four elements to bring business to the retail chain: Growing the network from 50 to 75 stores.

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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.

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