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Wesfarmers to launch cosmetics retail chain, Atomica

Inside Retail

The first store is located at the Castle Towers shopping centre in Sydney, in a space formerly occupied by Priceline shop. The post Wesfarmers to launch cosmetics retail chain, Atomica appeared first on Inside Retail Australia. per cent to $5.62

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CEOs exit: The Reject Shop, Best & Less leaders step down

Inside Retail

The CEOs of two discount retail chains — The Reject Shop and Best & Less Group — have stepped down with immediate effect today citing personal reasons. Steven Fisher, chairman of The Reject Shop, said the board and team have thanked Bishop for his work over the past six months and wish him well.

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Opinion: Consumers’ screen times gives shopping centres a headache

Inside Retail

Retail shopping centres face a major challenge rebuilding customer traffic and sales after the Covid-19 pandemic is controlled. The Covid-19 disruption has closed some businesses while accelerating a contraction of store networks many chains had started before the pandemic forced trading restrictions and lockdowns.

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

Inside Retail

Boosting sales and customer satisfaction with AI Strategic inventory planning isnt just about cutting costs its about enhancing the shopping experience, says Bugge. With proven results across major retail chains, Algo enables retailers to move beyond outdated models and embrace a data-driven future.

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Premier Retail to close four Sydney stores despite good performance

Inside Retail

Premier Retail says it achieved a modest increase in sales for the half year to January 29, despite losing 42,000 trading days to Covid-related lockdowns and movement restrictions. Due to the growing momentum in preference for online shopping, the company was focused on achieving the profitability of each individual store.

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Decoding the global trends shaping the future of retail

Inside Retail

In late 2023, Salesforce reported that 59 per cent of consumers had shopped on social media, a massive jump from 15 per cent in 2021. In the US alone, TikTok shop garnered 1.1 Indeed, Amazon and retail tech companies are now investing in just walk in technologies that may further enhance the shopping experience.

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Sneakerboy enters administration with creditors to meet this month

Inside Retail

Luxury footwear and fashion retailer Sneakerboy faces a new test after administrators were appointed to oversee the embattled retail chain. In April, AMP Pacific Fair, operators of the Gold Coast Pacific Fair shopping centre, filed a winding up order in the Queensland Supreme Court.