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Wesfarmers to launch cosmetics retail chain, Atomica

Inside Retail

Wesfarmers Health has opened the pilot of a new beauty and wellness concept store called Atomica, which it plans to roll out in major cities this year. The post Wesfarmers to launch cosmetics retail chain, Atomica appeared first on Inside Retail Australia. per cent to $5.62

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AI-powered inventory: The smarter way to balance stock and boost sales

Inside Retail

Yet, traditional inventory planning methods struggle to keep pace. Retailers have historically had to choose between overstocking and running out of stock, says Tony Bugge, senior VP of Apac at Algo. Example: A home improvement retailer used AI to track regional weather patterns and adjust inventory accordingly.

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Major retail chains yield to consumer pressure over facial scans

Inside Retail

A list of major retail chains that have confirmed they do not scan the faces of customers and use facial recognition technology has been published by consumer advocacy group Choice. ” The post Major retail chains yield to consumer pressure over facial scans appeared first on Inside Retail.

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

Inside Retail

Dymocks’ three-year plan will see the bookstore chain add another 20+ retail outlets to the network. CEO Mark Newman told Inside Franchise Business Executive there will be a mix of suburban and regional locations in the new store plan which will spread the book chain further into the north of the country.

Planning 130
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Oh!some sets sights on new markets, reaching 100 stores this year

Inside Retail

Retail chain Oh!some some entered the Indonesian market in 2019, citing a gap in diverse retail product offerings. The company has outlined plans to reach 100 stores globally by March and aims to enter additional Southeast Asian markets, including Vietnam, Thailand, the Philippines and Singapore, this year.

Marketing 130
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A marriage of convenience? Myer’s acquisition of Premier’s apparel brands

Inside Retail

A merger with Sigma Pharmaceuticals remains the preferred option for restructuring Chemist Warehouse but if that plan is quashed by regulators or Sigma shareholders there is a plan B. A straightforward initial public offering is a live option for Chemist Warehouse following extensive planning over six years.

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Premier Retail to close four Sydney stores despite good performance

Inside Retail

Premier Retail says it achieved a modest increase in sales for the half year to January 29, despite losing 42,000 trading days to Covid-related lockdowns and movement restrictions. Peter Alexander, Smiggle and Portmans will close by March and Just Jeans by no later than July.