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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.

Returns 130
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Ultra-fast fashion is undermining efforts to make the industry more sustainable

Inside Retail

At the same time there is limited transparency or accountability around clothing supply chains. Without change, the industry will account for 26 per cent of the world’s carbon budget for limiting global warming to 2°C by 2050. The overproduction and consumption of clothing cannot be allowed to continue. How is this even possible?

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Starbucks Australia pursues plastic-free future with new cup and start-up

Inside Retail

Starbucks Australia has sought out expertise to revolutionise the way it serves coffee using more sustainable cups, and in the process, it could potentially fix its popularity – or lack thereof – in the local market. Customers want and need to know they can trust brands and that trust is built through action and accountability.

Consumer 260
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What to know about Woolworths’ appointment of its first female CEO in 100 years

Inside Retail

In Australia, women remain under-represented in key decision-making roles across industries, accounting for 22.3 Perkins went on to credit Bardwell’s leadership for driving the $7 billion market-leading business of WooliesX. per cent of CEOs, 35.1 She took on her most recent role, as the managing director of WooliesX, in 2017.

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6 Keys to Empowering Store Associates During the Holiday Season

Retail TouchPoints

retailers will add 410,000 seasonal positions this year, which is the lowest number of jobs added in the quarter since 2008. They also know how to effectively serve shoppers because they understand the unique wants and needs of the market. According to analysis from global coaching firm Challenger, Gray & Christmas , U.S.

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Mirakl Rakes in $555M in New Funding as Online Marketplaces Boom

Retail TouchPoints

A staggering 47% of all ecommerce sales worldwide in 2020 were made on marketplaces, according to WebRetailer , and Alvarez & Marsal predicts that marketplace sales worldwide will account for $5 trillion by 2025. Marketplace software solution Marketplacer, based in Australia, is making inroads in the U.S.

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

Inside Retail

According to GlobalData’s e-commerce analytics, Singapore’s e-commerce market is set to reach US$17.9 Alternative payment tools, such as Apple Pay, PayPal and GrabPay, collectively account for a 37.9 per cent, its highest level since June 2008,” he said. per cent share in 2022 – up from 30.6 per cent in 2021. per cent.