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ACCC warns franchisors: fix unfair contract terms or face court

Inside Retail

Franchisors should review and amend unfair terms on their standard form contracts or else face legal action, the Australian Competition and Consumer Commission (ACCC) has warned. ACCC Deputy Chair Mick Keogh said every franchising agreement the consumer watchdog reviewed contained potentially unfair terms.

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Puma to launch compostable shoes after a two-year pilot project

Inside Retail

Puma produced 500 special pairs of its Suede trainers using materials such as Zeology-tanned Suede – chosen for their propensity to degrade – as part of the project, which was completed late last year. After two years of testing, sports giant Puma is ready to launch its compostable shoes dubbed Re:suede 2.0. Re:suede 2.0

Design 264
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Officeworks customers raise $1.3 million for disadvantaged schoolkids

Inside Retail

The funds will also be used for personal support and extra education programs to help students stay motivated in their learning. With this long-term wrap-around support, even more students will be able to stay engaged at school and make the very most of their education,” said The Smith Family CEO Doug Taylor.

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Cool clothing: Can nanodiamonds in fabrics lower the heat?

Inside Retail

The study discovered that fabric coated with nanodiamonds using a procedure known as electrospinning reduced by 2-3 degrees Celsius during the cooling process when compared to untreated cotton. There’s also potential to explore how nanodiamonds can be used to protect buildings from overheating, which can lead to environmental benefits.”

Outdoor 261
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How forecasting can enhance cash flow in the retail sector

Retail Focus

One such way to navigate these obstacles and come out top of the market is to use accurate forecasting. Tools which use machine learning and predictive analytics can use information from past sales, foot traffic and online interactions and turn this into insights for the future. After all, how and when was a dataset collected?

Flow 148
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QIC’s Robina Town Centre reaches $1 billion in sales

Inside Retail

“Our long-term leasing strategy has seen several retailers significantly expand their footprint, with brands such as Apple and Mecca tripling their floorspace in the past five years,” said QIC leasing manager Byron Hayes.

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Coles taken to task over ‘discount’ promotions consumers don’t understand

Inside Retail

” Because of this, Choice is seeking for stronger legislation to govern the display of prices, including which terms and colours to use. “It is disappointing that none of the supermarkets we spoke to for this story acknowledged the harm that these confusing labels are causing.

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