Inside Retail

JUNE 2, 2024

Booktopia founder and director Tony Nash has been named executive director and will assume the sales director role for the next six months – a move announced at the same time as David Nenke’s departure as CEO after a year in the role. Booktopia chairman Peter Gerorge will assume the role of executive chairman and will take on full operational responsibilities for the next six months while a search begins for a new CEO.

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All Work

JUNE 2, 2024

As a force for change, design is as much about practicality and structure as it is emotional and intellectual. Where we work needs to support the moods of human beings and the modes of work. The design can not be homogenous, or static. Human-centric environments that represent, reflect and empower people with a sense of place can and will create cultural optimism.

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Inside Retail

JUNE 2, 2024

Jewellery chain Lovisa has appointed John Cheston as its new CEO and MD, effective June 4 next year. The retailer, owned by Australian billionaire Brett Blundy, has also announced its current CEO Victor Herrero has agreed to an amended employment contract through to the end of next May. “John is a highly successful Global retailer and will join Lovisa at a very exciting time as we continue our global growth,” Blundy said in a statement.

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Inside Retail

JUNE 2, 2024

Retailers are wary of higher costs of doing business after the Fair Work Commission declared a 3.75 per cent increase in modern award rates on top of the scheduled 0.5 per cent increase in Superannuation Guarantee Rate. The increase will result in 4.25 per cent higher wages for staff of some businesses, effective July 1. “With discretionary spending slowing and operating costs rising across the board, wage increases without productivity improvements place businesses, particularly small bus

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Inside Retail

JUNE 2, 2024

Online fashion firm Shein is preparing to file a prospectus with Britain’s Financial Conduct Authority for approval ahead of a potential London float which could value it around US$63.70 billion, Sky News reported on Sunday. The confidential filing could take place as soon as the coming week, the report added, citing sources. Chinese-founded Shein did not immediately respond to a Reuters request for comment.

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Inside Retail

JUNE 2, 2024

Employee engagement is the Holy Grail that most employers are searching for in order to have everyone in the team working to their full potential – contributing to a productive workforce, delivering meaningful outcomes, creating a happier workplace, and delivering a better bottom line. Sadly, the statistics aren’t great. If we look at 2022 data from Gallup (the global authority on all things related to employee engagement), only 23 per cent of our workforce accounts for engaged employees.

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