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Puma plans job cuts as US demand weakens, outlook dims

Inside Retail

Chief financial officer Markus Neubrand announced plans to cut 500 jobs worldwide and close some unprofitable stores as part of a cost-cutting plan. at 1246 GMT, a level not seen since November 2016. The post Puma plans job cuts as US demand weakens, outlook dims appeared first on Inside Retail Australia.

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Two Australian furniture chains set for sale

Inside Retail

Quadrant later became a co-owner before taking full control of Amart in 2016. According to the AFR , the sale follows the completion of Greenlits multi-year turnaround plan for Freedom Furniture under the leadership of Blaine Callard. The retailer generates about $600 million of sales and annual earnings of $90 million.

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US burger brand’s comeback: Wendy’s makes its new Australian debut

Inside Retail

With plans to open 15 outlets, so far it has expanded to Manly and Sydneys west, as well as Byron Bay and Surfers Paradise. The Carls Jr business launched on the NSW Central Coast in 2016. Wendys plans to open 200 restaurants across Australia, a mix of equity stores and sub-franchised outlets.

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How H&M took workforce planning to the next level

Inside Retail

At fashion retail giant H&M group, workforce planning has become a critical part of daily activity. The creation of H&M’s workforce planning system began back in 2012 when the company deployed Board to track the performance of individual stores. The company operates some 4950 stores and has 126,000 employees.

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Carl’s Jr. new master franchise plans 27 new stores this year

Inside Retail

to Australia in 2016 in Bateau Bay, New South Wales, the brand has grown to nearly 30 restaurants throughout Victoria, Queensland, South Australia and NSW under separate franchise agreements with four separate businesses. new master franchise plans 27 new stores this year appeared first on Inside Retail. Since introducing Carl’s Jr.

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How to manage change without burning out employees

Inside Retail

In the past three years, the average employee experienced 10 planned enterprise changes, up from two in 2016. Its exhausting and the Harvard Business Review tells us that employees willingness to support enterprise change collapsed to just 43 per cent in 2022 compared to 74 per cent in 2016. Language matters.

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Burberry names new CEO

Inside Retail

Akeroyd has served at Versace as CEO since June 2016, helping the brand reorganise and accelerate its growth. Prior to Versace, he was CEO at Alexander McQueen from 2004 to 2016. Akeroyd has also held several senior fashion roles at London-based luxury department store Harrods. “I