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Retail appointments of the week

Inside Retail

He is also a non-executive director at Somnomed Australia and Pacific Smiles Group, and from 2006 to 2018, he held the position of co-CEO at Accent Group. Wentworth previously led Medco’s employer and key accounts organisations for nearly 14 years and served as president and CEO of Accredo, Medco’s specialty pharmacy.

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From fast food to autos, India’s digitally connected users lure investors

Inside Retail

China saw a jump in consumption from 2006 when, as per World Bank data, its per capita gross domestic product (GDP) crossed $2,000. Bain & Co estimates that India’s online shopping market hit $50 billion in 2022, with an online shopper base of 180-190 million – the third largest in the world after China and the US.

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The Downfall of Sears, 5 Reasons Why it’s Struggling to Survive

Indigo 9 Digital

Walmart saw a future in discount retailing and aggressively went after that market chipping away over time at consumers that once would have shopped at Sears. According to The Pay Scale Index : “since 2006, wages have risen 16% overall in the U.S. In other words, the income for a typical worker today buys them less than it did in 2006.”