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The Reject Shop plans more stores as sales surge

Inside Retail

Discount variety retailer The Reject Shop plans to open more stores this year to support sales growth and increase profitability. Fisher added that the company’s balance sheet remains strong, with $49.9 The post The Reject Shop plans more stores as sales surge appeared first on Inside Retail Australia. million last year, up 4.1

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

Inside Retail

Managing inventory in hard goods retail is a constant balancing act. Retail environments are highly competitive right now, making inventory management more than just a back-end function its a critical driver of sales, customer satisfaction and financial health. Yet, traditional inventory planning methods struggle to keep pace.

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Robots in retail: Balancing automation with the human touch

Inside Retail

The line between automation and human interaction must be carefully managed, or customer satisfaction may take a hit. Case study: Walmart’s experience with robots – striking the balance Walmart’s use of robots offers a great example of how automation can go right.

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Myer’s strategic moves suggest the future of retail is consolidation and loyalty

Inside Retail

Myer’s acquisition of Premier Investments’ Apparel Brands appears to be the next step in Olivia Wirth’s plan for the department store’s loyalty program, Myer One. This is an opportunity to continue to grow it in a way that is a step change,” Wirth said about the impact of the acquisition on Myer One, which has 10.6

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Small business finance: Five tips for managing cash flow effectively

Inside Retail

We get that running a business is a constant juggle, and managing cash flow can be tricky. Unlike larger companies with a steady stream of income, smaller businesses may find themselves in a constant balancing act. Inventory management software or a simple forecasting system can be a valuable tool to manage this.

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Apple Australia workers plan Christmas strike

Inside Retail

. “This Christmas strike is a way for our members to take back their time with family and friends while management continues to refuse to give workers the most basic minimum rostering rights,” RAFFWU secretary Josh Cullinan told Reuters, adding management would be notified on Monday of the intention to strike.

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BMG brings Juicy Couture Kids, New Balance Kids, more big brands Down Under

Inside Retail

billion brand US Polo Assn, followed by childrenswear lines in the BMG portfolio, including New Balance Kids and Juicy Couture Kids. Australia’s largest retailers met with BMG CEO Boo Jalil and its newly appointed country manager for ANZ, Kevin Cliffe, via a new, Surry Hills showroom. First up is the US$2.4

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