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The ACCC alleged that the supermarkets increased the prices of the products by 15 per cent for a brief period before being subjected to Woolworths’ ‘Prices Dropped’ and Coles’ ‘Down Down’ promotions. ” The ACCC filed separate proceedings in the Federal Court against Woolworths and Coles. .
She started her career in the industry as a pizza maker for her brother Donald Meij, who was then a store manager before he became the Group CEO and MD of Domino’s Pizza Enterprises. ” As a COO, Hayman launched the Women in Domino’s grant, supporting seven young female store managers to become franchise partners.
AI image recognition FMCG is a technology that transforms how brands manage shelves, track inventory, and understand their consumer behavior. Enhancing Shelf Management with AI Shelf management is critical for retail success. Poorly managed shelves lead to lost sales, frustrated customers, and damaged brand reputations.
The receivers and managers of Mosaic Brands Group announced the closure of the apparel brand on Thursday. Sale events and promotions will be run in all stores, and the timing of individual store closures will depend on stock levels. The shutdown will impact 136 Rivers stores and approximately 650 employees.
Speaker: Jennifer Hileman - Director, Retail Data & Technology at Orium, and Zach Ettelman - Solutions Partner Team in North America at Talon.One
Discover how the combination of loyalty management and MACH technology can revolutionize your retail strategy, ensuring sustained customer success through the holiday rush, into the new year, and beyond. Mastering Loyalty in Modern Retail: Explore the art of loyalty and promotional strategies that engage today’s shoppers.
The company said its continued focus on pricing and promotionmanagement helped expand gross margin to 82.4 The jewellery and accessories retailer’s profit grew 6.5 per cent to $56.9 million as revenue climbed 8.8 per cent to $405.9 million and comparable store sales rose 0.1
Adore Beautys earnings more than doubled in the fiscal first half, which management says reflects the early phase of the companys growth strategy. The companys earnings before interest and taxes (EBIT) for the six months ended December 31 jumped 118 per cent to $2.7
It’s hard to separate the cost-of-living crisis from the impending lawsuits against ‘The Big two’ as Australian households attempt to manage their household budgets amidst inflation. Coles and Woolworths intend to defend themselves against the accusations of misleading promotions and illusory sales.
“We remain focused on continued expansion of gross margins through growth of our owned brands, further growth of retail media, refined promotional cadence and disciplined inventory management,” said Sacha Laing, Adore Beauty CEO. However, its net profit attributable to shareholders declined 36.6
Coles Liquor has partnered with not-for-profit DrinkWise to introduce in-store signage that gives customers easier access to support services if they need help managing their alcohol consumption. ” The post Coles Liquor teams up with DrinkWise to promote responsible drinking appeared first on Inside Retail Australia.
The Black Friday Cyber Monday sales period has expanded to become ‘Black November’ this year, with many retailers and brands starting their promotions earlier than ever. In 2021, the business went live with its promotions on November 18, in 2022 on November 15 and last year on November 9. This presents a predicament for retailers.
Kevin Johnson, retail manager at Gerflor, and Lee Jacovou, key account manager, said retailers are increasingly recognising that sustainable flooring offers a powerful combination of long-term durability and a reduced ecological footprint. “We
Jamie Hoey, country manager, Australia, with Wunderkind, says the importance of first-party data cannot be overstated. “If This also expands beyond abandoned carts to areas like SMS solutions, catalogue modules, low-in-stock reminders, price drop promotions – “anything that has a level of intent behind it”.
And some seven years on, much to the dismay of retailers, it is now starting to shake the tree and become a real force in the market , as Australian shoppers increasingly turn to alternatives to manage the cost-of-living crisis. Amazon announced it posted over $3.1 billion in 2022.
One problem she has been working on since joining IHG in 2022 is how to manage the backend systems and processes for a business, Mitre 10, with over 500 stores that are all individually owned and operated. As head of digital at Metcash’s Independent Hardware Group (IHG), the $2.1 “Range is another one.
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.
The potency and power of teamwork are today vital success factors in the dynamic field of property management. It is more crucial than ever for teams inside the property management industry cooperate productively as property operations get more complicated and client expectations rise.
While discount codes top UK consumers preferred promotions, offers that are personalised and tailored to a specific product a consumer has viewed are almost twice as likely to prompt a sale compared to general ‘range-wide’ discounts, according to the latest data from Wunderkind , based on a survey of over 1,500 shoppers.
Long holds 25 years of financial leadership, strategic development and management experience. Kevin Grant, a senior member of the finance team since 2021, has been promoted to CFO to replace Long. Prior to AKA, he was CFO of Samsclub.com and held leadership positions within Walmarts e-commerce division. per cent growth in US sales.
Our company started with a dream and I think we would say that we’re still a dreaming and innovation company at heart,” Rebecca Cai, general manager for APAC at On, told Inside Retail. “I Zendaya signed a multi-year deal with On that will span product development, global promotion and creative campaigns.
Sporting goods retailer Salomon has promoted Guillaume Meyzenq to CEO, effective January 1. He started in the company as an intern in 1994 and became the EMEA export sales manager in 1996. Meyzenq is currently the company’s chief product officer.
In our view, Forecasting software is a far more effective approach to supply chain management. Accurate prediction of future demand based on seasonal trends and planned promotional activity drives more informed and timely buying decisions. fulfilmentcrowd share some last-minute tips ahead of the start of the January sales: 1.
The company said that the restructuring aims to bring back a double-digit adjusted operating margin over the next few years while continuing to manage external volatility, such as potential tariff increases worldwide. Earlier, Estee Lauder promoted Michael Bowes to EVP and chief people officer, effective April 1.
easy dot ® PET silver L-UV is a PVC-free film with a highly polished silver chrome metallised finish that adds a touch of elegance and luxury to window displays, in-store advertising and sales promotions. Dorotape are delighted to announce the launch of a new addition to the easy dot ® range of digital printable media.
Transparent communication : Include privacy-compliant banners that inform customers of data collection practices, making it easy for them to understand and manage their preferences. Data clean-up and management : Prepare datasets for peak performance by removing inaccuracies and optimising segmentation.
featured speakers such as Beatrice de Quinsonas Drouas, Director of Research at BPCE Solutions Immobilires; Mathieu de Mallman, Global Head of Retail and Healthcare at AXA IM ALTS; Eric Decouvelaere, Head of EMEA Urban Destinations at CBRE Investors Management; and Romain Muller, Head of Investment Management Retail at Union Investment.
Jeanswest executive general manager Anne Natale said the old-school apparel retail mindset of dropping a campaign or a promotion every month needs to change and greater emphasis must be placed on communicating a products value proposition to the customer.
I don’t think it matters that you’re small, it’s what you’re doing,” Tonia Bastyan, design and marketing manager at BlockTexx, told Inside Retail. In an Australian-first partnership, BlockTexx and Elk have teamed up to bring an innovative solution to bring end-of-life garments into the circular fashion economy. “I
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. These lead to environmental waste, for sure.
With real-time task management and peer-to-peer communication solutions, you can deliver the speed, power and ease your workforce needs to lift productivity and service. Zebra Workcloud Timekeeping tracks staff members’ time, attendance and compliance, making it easier to monitor and manage labour costs.
For many people who need flexible hours, retail is a great career option with a clear path to promotion. Here, we speak with multisite store manager at BWS Nikita Lakhote about what drew her to the retail industry, her future career goals and what businesses need to do to attract top candidates in a competitive recruitment environment.
If product inventory falls beneath a certain level, campaigns can be paused, and when there is a surplus of stock, a campaign can be promoted more heavily. Digital in-store assets are ideal for promoting when your avocados are ripe to help move them out the door.” We have seen numerous examples of the same sort of statistics,” he said.
Dynamic subscription-management tools allow consumers to adjust their delivery schedules and product selections easily. As consumers manage multiple subscriptions across different services, the time and expense this requires – and the potential to be overwhelmed from too many recurring deliveries – may lead to cancellations.
When retailers meet these demands, they reap the rewards of loyalty, word-of-mouth promotion, and repeat purchases. Consolidating loyalty data also grants a deeper insight into customer behaviour, enabling targeted promotions and tailored product suggestions.
Today, eBay announces the launch of “Listings in Lights,” an immersive display in the heart of London that promotes private selling and lets people shop pre-loved items across luxury, fashion, home, tech, and toys, from eBay sellers across the UK. eBay’s Listings in Lights is giving people across the UK a new way to get ready for Christmas.”
Delivery management platform, Scurri , today reported an increase in the total gross merchandising value (GMV) of goods processed through its platform, which totalled over €12 billion in 2023.
For example, this week, Skims founder Kim Kardashian, a Los Angeles native herself, was called out for a series of stories posted on the brands social media page promoting a winter sale. Even worse, the brand continued posting stories promoting the sale the next day, prompting Skims fans and critics to call the founder and brand tone-deaf.
“Originally the event has always been based on trade with a consumer event later, and in the last few years we have seen them merging this and not investing in getting overseas buyers to come to Australia,” Phoebes Garland, co-founder of Garland & Garland, a fashion and lifestyle brand management agency, told Inside Retail.
Pip Edwards – the other co-founder – will continue managing the business alongside the other board members. Greaves was not present at the show and had not appeared in the promotional material in the lead-up to the event. Greaves will remain on the board of the company and retain her shareholding, the brand said in a statement.
More than 74 per cent of Australian shoppers are already signed up to receive SMS marketing messages from brands, while more than half (51 per cent) say they would sign up for texts so they can know immediately about promotions, offers, and updates. It also enables us to nourish our relationships with our loyalty program members.”.
TikTok’s tool kit TikTok provides a whole new set of tools for retail brands and content creators to leverage: Shop ads allow sellers to promote their TikTok Shops, converting app users to customers seamlessly. Shop Tab is an online marketplace where customers can quickly search for products and compare promotions to find the best deal.
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.
Ash Barty said “Promoting physical activity and wellbeing amongst young people is incredibly important to me. Grill’d founder and managing director, Simon Crowe, said “We are honoured to be collaborating with one of Australia’s most accomplished athletes on this initiative.
In 2021, she was promoted to brand director for Australia and New Zealand where she was the lead architect in the redesign of the Lego portfolio differentiation strategy. McKenny joined The Lego Group in 2009 and has been responsible for the development and execution of some of the brand’s biggest campaigns in the region.
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