Inside Retail

OCTOBER 17, 2023

Great product diversity, changing consumer demands, and the expansion of e-commerce have turned inventory management into a major pain point for retailers. Poor inventory management results in overstocking and under-stocking, impaired cash flow, and losses from theft and spoilage. Here are some reasons why: 1.

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Retail Focus

DECEMBER 9, 2024

Streamlining the payout experience for merchants and other businesses,Ecommpay, the inclusive global payments platform, has launched a new Payouts via Hosted Payment Page facility.

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Inside Retail

MARCH 21, 2025

While it may seem like overkill to collect information from every level of the organization — from IT workers to managers to restaurant staffers — the data garnered is vital for creating a fully rounded-out picture of the consumers wants and needs.

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Inside Retail

OCTOBER 20, 2022

For many people, Ikea is the place to go for bath towels, shower curtains, scented candles and all the other items needed for a relaxing bath experience. Now, they can add a water-recycling shower system to the list, following the furniture giant’s minority investment in Danish start-up Flow Loop. Investing in sustainability.

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Inside Retail

MARCH 10, 2025

CBDs of the biggest cities are reaping a windfall According to Sheree Griff, CBREs head of retail property management and leasing for the Pacific region, international migration to Australias capital cities is fuelling retail growth in CBDs, and international brands are among the chief beneficiaries.

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Inside Retail

NOVEMBER 15, 2021

Once you’ve worked with certain customers for a while, you know which accounts are reliable payers and others that perpetually pay late. Plus, when you factor in that an estimated 40 per cent of all finance functions can be fully automated, this means your business can enjoy major time savings that come from smarter debtor management. .

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Inside Retail

JANUARY 17, 2024

ARA CEO Paul Zahra said retailers have managed to minimise the negative impact on consumers, but warned the inconvenience of out-of-stocks and delays could soon escalate into higher prices on everyday essentials. Zahra called for urgent resolution of the dispute, to prevent any further adverse impacts for importers, retailers and consumers.

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Inside Retail

OCTOBER 20, 2021

For example, a Business Characteristics Survey from the Australian Bureau of Statistics found that 41 per cent of businesses needed finance to strengthen their cash flow while a further 30 per cent of companies were in need of capital to upgrade machinery and equipment. . Limit credit exposure, get paid on time and drive improved cash flow.

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Inside Retail

SEPTEMBER 18, 2023

Tong Li – Sydney’s largest Asian grocery chain with 19 stores – has installed Glory Global Solutions (Glory)’s CashInfinity closed-loop cash handling system in 13 stores over the past three years, with the other nine scheduled to convert in the coming year. His advice to other retailers considering adopting the solution? “If

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Retail Focus

SEPTEMBER 17, 2024

When managing a construction site, safety and organization are paramount. Incorporating HGV Wheel Stops can greatly enhance safety and efficiency, making them indispensable tools for construction site management. Construction managers can easily move or reconfigure these wheel stops to fit the evolving demands of the project.

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Inside Retail

MARCH 4, 2025

As Global Datas managing director Neil Saunders explained, Forever 21 has been battered by the rise of Shein and to a certain extent Temu. It has also faced competition from other mall players like Zara, Uniqlo, and others. Some retail experts like Saunders are doubtful about the retailers ability to recover its former status.

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Inside Retail

MARCH 13, 2023

Some Etsy sellers decided to put their stores on vacation mode, pausing customer purchases in an effort to minimize their financial losses while others say they have received their payments on schedule. The post Etsy, other e-commerce companies feel squeeze of SVB collapse appeared first on Inside Retail. million and 1.75

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Inside Retail

JUNE 14, 2021

The commitment follows similar pledges from other states such as Western Australia, Queensland, Victoria, and the ACT, as well as pledges from businesses across Australia, New Zealand and the Pacific Islands, such as the recent ANZPAC Plastics Pact. “The Our precious oceans and marine wildlife cannot afford to wait.

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Retail Focus

JUNE 14, 2021

While there are many people who may carry on with online purchases, many others want to get back to traditional stores. Netflix realised there were bigger profits to be had by producing their own material instead of licensing other peoples. Using collection software to increase cash flow. What is the state of British retail now?

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Retail Focus

JANUARY 20, 2025

PXP Unity also offers a level of self-service unrivalled by other platforms, enabling merchants to adapt the platforms features to their own business blueprint, and control how and where each transaction flows. This granular control transforms complexity into strategic advantage, letting merchants design the perfect payment experience.

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Inside Retail

OCTOBER 13, 2022

What inspired the company to get started with SMS marketing: “We wanted to reach and engage with our customers in a way that is easiest for them,” says Megan Wearing, digital marketing manager at JSHealth. Loyalty flows, specifically ‘points reminders,’ have also been very successful for us.”. Bangn Body.

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Inside Retail

FEBRUARY 8, 2023

This, he said, is “causing needless harm and cash flow challenges for small and family businesses.” Managing director at Spenda, a B2B payments solution company, Adrian Floate said that larger businesses should take more responsibility to pay in an appropriate time frame, and improve conditions for smaller players.

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Retail Focus

MARCH 20, 2025

Real-time payments diminish the necessity for cash flow management and improve financial transparency, whether for dividing a dinner bill or compensating suppliers. They must also manage the intricacies of regulatory compliance, security, and client acceptance.

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Inside Retail

APRIL 10, 2024

“I think you find that in retail, getting started in those sorts of projects requires senior management, usually the finance team, to really understand what’s possible,” Christophe DuMonet, managing director of Esker Australia, a global cloud platform that offers AI-based order-to-cash and source-to-pay solutions, told Inside Retail.

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Inside Retail

MARCH 3, 2025

Think about value, not price When sales slow and a prolonged spending slump sets in, often the conventional wisdom is retailers drop prices to drive sales and cash flow, at the expense of margin. However, more retail leaders are becoming wary of the effectiveness of discounting and its long-term impact on their brand and business model.

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Inside Retail

AUGUST 8, 2023

This highlights some of the challenges that investing in sporting facilities and events can present for retail and other industries. In the wake of the Commonwealth Games decision we would be keen to see a focus on other options that will create buzz and attract visitors.” Public holidays: impediment or opportunity?

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Inside Retail

AUGUST 3, 2021

Williams’ parent company Munro Footwear Group has long believed in the power of ship-from-store and all other brands in the footwear business already have dark stores, from Midas and Mountfords to Mathers and Cinori. Retailers 100 per cent need to do ship-from-store. You have to utilise your inventory.

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Inside Retail

MARCH 16, 2023

Australia’s e-commerce boom has given rise to a healthy ecosystem of online shopping merchants commanding a sizable user base of local consumers – many of whom managed to weather the pandemic by riding a surge of digital sales. Shoppers are more sophisticated today and are looking more for value,” says Levy.

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Inside Retail

JULY 15, 2024

In a mass redundancy, Booktopia has terminated 165 staff members, with only 18 left to manage the retailer’s collapse. In other words, when you call a business Booktopia, you’re defining it as books only,” Brian Walker, founder and CEO of Retail Doctor Group, told Inside Retail. Its customer value proposition had given up.

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Inside Retail

OCTOBER 4, 2021

Last week, Adore Beauty co-founder Kate Morris and former Quadrant Growth Fund managing partner Justin Ryan announced their new venture: Glow Capital Partners. Since listing Adore , so many other founders have been coming to me and [saying], ‘I want to do what you did, but I have no idea who to go to.’

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Inside Retail

SEPTEMBER 9, 2021

Customers are already getting used to adopting digital technology to manage their health, whether it be the government’s Medicare app, the MedAdvisor app for prescription management, or retailer apps like Chemist Warehouse’s Health @ Your Fingertips or Amcal’s health management app.

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Inside Retail

JULY 24, 2024

Retail executives shared their approaches to elevating the customer experience, with tech integration and value-adds other than price as well as localisation. This seamlessly flowed to a keynote from Kai Li, SVP of international at Revolve Group, on his playbook for going global and the importance of identifying ideal customers. “We

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Inside Retail

FEBRUARY 20, 2023

And while other sectors in the economy, such as construction, have continued to battle with supply-chain disruptions and adverse weather, activity has been buoyant across the board in general; we estimate that GDP expanded by around 3.8 The RBA is set to tighten further before pausing to allow the impact of what’s been done to flow through.

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Inside Retail

FEBRUARY 2, 2023

The products we make have a physiological benefit that other brands don’t have. Other tights provided physiological benefits with the graduated compression, but they were uncomfortable. There has to be something different about it, something unique. TheRY is a similar concept,” Davenport told Inside Retail.

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Inside Retail

FEBRUARY 18, 2025

Australia and New Zealands leading pureplay online fashion, lifestyle and sporting destination has had a year of evolution; with seemingly smooth transitions overhauling the businesss order warehouse management system (OWMS), building a new B2B platform business and tackling the intricate returns issue.

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Inside Retail

SEPTEMBER 4, 2023

The barcode was initially developed to improve the checkout experience and inventory management in the grocery sector and it is now used in almost every industry and sector. 2D barcodes are now being implemented on food, pharmaceutical, and other products worldwide, providing even more information and traceability than traditional barcodes.

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Inside Retail

JULY 5, 2021

The pandemic has caused everyday interactions to move online at an accelerated rate, and businesses have been forced to respond in any way they can to keep the cash flowing in. With retail business leaders increasingly focusing on their supply chain management, here are three ways they can “unbound” their supply chains.

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Inside Retail

OCTOBER 20, 2022

At the time, she was a brand manager at Mecca, so she understood the power of a highly curated and branded shopping environment, and a first-rate customer experience, but she felt like it didn’t exist in the baby goods category. All about the flow. flow was really important,” Casey said. Sydney is next on the cards,” Casey said.

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Inside Retail

FEBRUARY 22, 2024

The appointment of Amanda Bardwell as Woolworths Group’s next managing director and CEO, effective September 1, marks a historic moment for the parent company of Woolworths Supermarkets and Big W, which reported nearly $65 billion in sales last financial year. She took on her most recent role, as the managing director of WooliesX, in 2017.

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RetailMinded

JANUARY 28, 2022

Inventory management and control, despite their difficulty, are the most critical functions of a successful retail organization. . Many retailers’ success is contingent upon managing their inventory effectively. And overstocking your store will have a detrimental effect on your cash flow. Usual Types Of Retail Inventory .

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Retail Focus

FEBRUARY 4, 2022

Mathias Ullrich, Managing Director, LIGANOVA. Five tips for brands: Have courage and forge new paths that other brands have not yet taken. Retailers can now be first movers and benefit sustainably from the gaming trend by increasing interaction through gamification and directing visitor flows.

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Inside Retail

FEBRUARY 13, 2023

Beyond a drop in consumer demand and spending, there’s a number of other areas where retailers are being impacted by rising rates. Founder and CEO of the Retail Doctor Group, Brian Walker told Inside Retail that an increase in interest rates tends to slow down sales, cash flow, productivity and profitability across different retail sectors.

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