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Blackhawk Network shares 2025 gift card trends – and how retailers can benefit

Inside Retail

Moving towards digital wallets and micro-gifting Australia’s rapid shift towards a cashless society is evident, with cash accounting for only 13 per cent of all payments in 2022, down from 70 per cent in 2007. In its place, digital payments are rising, with digital wallet transactions totalling $126 billion in FY23.

Gifts 130
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Redbubble may appeal court order to pay Hells Angels for using logo

Inside Retail

The site, launched in 2007 and co-founded by Australian entrepreneur Martin Hosking, operates as a DIY for merchandise — users can have images of their choice printed on t-shirts, stickers, and mugs, and in turn, sell the items to other customers.

Art 246
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Adrian Cheng’s resignation marks turning point for New World Development

Inside Retail

The former CEO of New World Development graduated from Harvard and served at Goldman Sachs and UBS before joining the company in 2007. He has been actively involved in various cultural initiatives and has worked to promote Hong Kong’s art scene on the global stage.

Art 244
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Farewell cash, hello contactless: How retailers can keep up with consumers

Inside Retail

According to the Reserve Bank of Australia’s Consumer Payments Survey, cash had reduced from 69 per cent of transactions in 2007 to 27 per cent in 2019. Now you can do it all at the salon without leaving the business, so you can then work on your rosters, stock control, promotions or look after your staff. Quick and easy to use.

Consumer 147
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How to make cashless pay off for you

Inside Retail

Data from the Reserve Bank of Australia suggests that, nowadays, cash is used for only 16 per cent of in-person transactions, down from about 70 per cent in 2007. Thus, retailers should not only equip themselves to accept cashless payments (if they haven’t already) but actively promote them.

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Grays’ Natalie Ashes on the benefits of mentoring and the resale economy

Inside Retail

Resale has always been a part of Australia’s e-commerce industry, from the early days of eBay Australia in 1999, to Gumtree entering the scene in 2007. She joined the business in 2018 as its head of marketing and e-commerce before being promoted to her current role in 2021.

Marketing 130
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Retail appointments for the week

Inside Retail

He also led Jimmy Choo from 2007 to 2012, and has held senior positions at Yves Saint Laurent, Gucci and other luxury brands. Starbucks China’s vice-president of digital ventures, Molly Liu, has been promoted to the chief operating officer role. Schulman joins Michael Kors effective immediately and will initially report to Idol.