Sun.Aug 11, 2024

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JB Hi-Fi to acquire E&S Trading, books lower sales last fiscal year

Inside Retail

JB Hi-Fi is broadening its product categories as it agrees to acquire a controlling interest in E&S Trading Co, which offers kitchen, laundry, and bathroom products. The consumer electronics retailer agreed to an initial acquisition of 75 per cent of E&S for cash consideration of $47.8 million on a cash-free,debt-free basis. JB Hi-Fi has the option to buy the remaining 25 per cent in September 2029. “E&S has a highly complementary premium product offering, which will appeal to

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PE Nation’s Pip Edwards to hand over creative director role

Inside Retail

PE Nation creative director Pip Edwards has stepped down from the role, but will maintain her directorship and shareholding in the fashion brand she co-founded in 2016. The announcement comes just months after PE Nation’s other co-founder, Claire Greaves, stepped back from the company’s day-to-day operations back in March. Earlier this year, PE Nation launched a new look as part of its rebranding initiative, at Australian Fashion Week. “Following PE Nation’s celebrated and succ

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Officeworks MD talks retaining talent and fostering a unique work environment

Inside Retail

As Officeworks marks its 30th year of operation, managing director Sarah Hunter has reconfirmed the stationery retailer’s commitment to investing in a strong workplace culture that champions staff as its greatest asset and making meaningful connections with the local communities in which it operates. “Our team is our greatest asset, and we wouldn’t be where we are today without the collective passion, dedication and talent of our 9000-plus team members across the country,” Hunter told Insi

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Why is Chinese social app Xiaohongshu an important channel for retailers?

Inside Retail

Xiaohongshu, or ‘Little Red Book’, is commonly referred to as the Chinese version of Instagram due to its visually driven, user-generated content. The app, which combines social media and e-commerce, has long been a significant source of inspiration for brands looking to reach and engage with customers in China. However, many retailers may not fully realise or harness its potential.

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Is Your Business AI-Ready? Find Out with Orium’s Maturity Model

Generative AI is poised to redefine B2B, but scaling AI success in this space isn’t without obstacles. From fragmented data sources and complex buyer journeys to operational inefficiencies, the road to AI-powered growth can be challenging. To achieve a competitive edge, understanding your organization’s AI-readiness is essential. Orium's Data & AI Maturity Model provides a quick, actionable way to assess your starting point.

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Why Mercari is betting the time is right for bricks-and-mortar

Inside Retail

This month, Japanese resale-retailer Mercari announced several online and in-store developments to enhance its omnichannel presence in the US. Several years after the company’s first experimentation with a physical location – its first pop-up shop in San Francisco in late 2021 – Mercari opened its first permanent bricks-and-mortar location on Melrose Avenue in Los Angeles, California.

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