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How 99 Bikes plans to return to profit with an electric-powered push

Inside Retail

Electric shock to profits The popularity of electric bikes and scooters has been a key driver of revenue for the business recently, with electric bikes accounting for 99 Bike’s biggest growth category. “We A year later, Turner founded the Pedal Group, as a joint venture between the Turner family and Flight Centre in 2008.

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Retailers can’t afford to discount the customer experience this December

Inside Retail

The 2024 prediction was somewhat bearish given that the National Australia Bank reported the actual sales for the four-day Black Friday and Cyber Monday shopping event were estimated at $7.1 You can have best the food but a return guest visit is unlikely if the hospitality, the service and ambience was poor.

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Who could replace Sharon White as the next John Lewis Partnership chair?

Retail Gazette

The search for the next chair of John Lewis Partnership is underway after current incumbent Sharon White revealed she would be stepping down at the end of her five-year term. Retail Gazette looks at some of the possible candidates who could replace White. His deep grocery experience could be vital in getting Waitrose back on form.

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Despite global scrutiny, BNPL is on the rise in Singapore. Here’s why

Inside Retail

“BNPL services are gradually gaining prominence in Singapore, with a growing preference for flexible payment methods among consumers,” Neralla Rama Ravi Teja, a retail analyst at GlobalData, told Inside Retail. But Ravi Sharma, lead banking and payments analyst at GlobalData, doesn’t see this dampening demand for BNPL in Singapore.

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5 Ways COVID-19 has Reshaped Consumer Behavior

Retail TouchPoints

With COVID-19 case counts declining and vaccination efforts underway, eager consumers and retailers are both looking hopefully toward a future return to normal. Businesses must also account for generational preferences. For the 2021 Consumer, Physical and Virtual are Inseparable.

Consumer 346
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8 retailers slashing jobs and cutting costs in 2024

Retail Gazette

Last year, data from the Centre for Retail Research revealed that more than 120,000 jobs were lost in the retail sector as thousands of shops shuttered across the nation in retail’s worst year for store closures since 2008. Retail Gazette rounds up the retailers who have begun axing roles this year.

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Risk averse GenZ and Millenials make over 90% of purchases via a debit card says ClearPay

365 Retail

ClearPay’s Richard Bayer, EVP, Country Manager and Head of Sales , while on a panel at the Ecommerce Expo, co-located with Technology for Marketing, said “GenZ and millennials make over 90% of their purchases using a debit card. For instance, payment and returns methods need to be simple and convenient. said Krista Nordlund.