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The Body Shop Australia facing ‘cashflow crisis’

Inside Retail

The Guardian has quoted sources explaining that the money earned by the key overseas businesses during the peak trading period in November and December was paid into a global account, based in the UK – “a practice termed ‘cash pooling’”. Some 20 stores in New Zealand are also affected, managed by the Australian business.

Shopping 290
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Aiwa brand up for auction, its parent bankrupt

Inside Retail

Hilco Streambank, a specialist in monetising intellectual property assets and distressed brands, said it had been retained to manage the sale, subject to bankruptcy court approval. Bids are being taken until October 4. Aiwa has manufactured audio products, including speakers, headphones, and stereo systems since 1951.

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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. Foreign investors jump in With private consumption accounting for 60 per cent of India’s $3.5 Vahia is one among India’s young and aspirational 1.4 They pumped in a net $2.7

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Why Ksubi CEO Craig King reads a book a fortnight, and says you should too

Inside Retail

I worked hard to become a manager for a group of stores, and I suppose I had a fairly competitive nature back in the day. By the time I was 35, I felt fairly polished in accountancy, P&Ls, human resources – areas I would have to be good at. I landed the job of GM at General Pants in 2006, and then in 2010, I became CEO.

Boutique 246
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The Risk-Conscious, Security-Aware Culture: The Forgotten Critical Security Control

Cisco Retail

Chief Information Security Officers (CISOs) across the Global 2000 and Fortune 1000 are obsessed with protecting the workforce endpoints as critical vulnerabilities in the cybersecurity and risk management posture of their enterprises. Cybersecurity and risk management in today’s computing enterprise is not a spectator sport.

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The Case For Subscription Service In CPG

Retail TouchPoints

The costs, as a percentage of net sales, for CPGs to serve their retail partners has been rising by an average of 40 basis points since 2006. Replenishment subscriptions, where consumers sign up to have everyday goods delivered on a regular basis, account for 32% of the subscriber population. The Next Big Move For CPGs: Going DTC.

Consumer 290
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Hy-Vee promotes three executives

Mass Relators

He held many retail store operations and management positions within Hy-Vee, and in 2006 he was promoted to assistant vice president, operations, northwestern district. He continued to work at South Ottumwa until he moved into Hy-Vee’s corporate office as an accounting intern in 1999. Jeremy Gosch.