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What BWP’s plan for Bunnings sites says about Australia’s retail property market

Inside Retail

According to a 2013 study by Jamie Yong and Abhay Singh from Edith Cowan University, presented at the Pacific Rim Real Estate Society Conference, internally managed REITs tend to have greater control over their operations and engage in a wider set of activities, which may lead to better alignment between management and unitholder interest s.

Planning 147
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Gap, DoorDash, NBCU Execs Weigh in on the State of the Consumer

Retail TouchPoints

So perhaps its not surprising that the dominating talk among retail executives at Shoptalk this week has revolved around what exactly consumers want and need right now. In fact, AI was held at a pleasant distance at the annual retail conference, which kicked off Tuesday in Las Vegas. One thing is clear its not AI.

Consumer 147
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Virgin Wines promotes from within as CFO retires

Retail Gazette

The direct-to-consumer online wine retailer said Weir played a huge role in the growth of the business, including leading it to a private equity-backed buyout in 2013 and its flotation in 2021. Weir, who will step down on 4 April, is succeeded by Virgin Wines head of group finance Amanda Cherry.

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Amazon trails rivals with poorest supplier compliance record

Retail Gazette

This compares with 91% at Lidl, the next lowest on the list, and an average of 93% across all retailers surveyed. Nearly 34% of suppliers said Amazon rarely or never complied with the code, compared with fewer than 9% at Lidl and just 2.25% at Waitrose, which topped the rankings.

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Halfords names new MD of garages

Retail Gazette

The executive takes over from Karen Bellairs, who is set to continue at the company as its chief customer officer. He also worked as managing director of Kmart Tyre and Auto in Australia from May 2013 until April 2019. Motoring specialist Halfords has hired Adam Pay as its new managing director of garages.

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American Eagle Names Replacements for Departing COO

Retail TouchPoints

Prior to that she was EVP of Supply, North America at PVH from 2020 to 2021, building on an extensive tenure across several supply chain leadership roles for key businesses within the PVH portfolio, including Calvin Klein North America and The Underwear Group from 2013 to 2020.

Finance 278
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FTC Accuses Social Media Services of ‘Vast’ User Surveillance, Lax Privacy Protections

Retail TouchPoints

It’s not exactly startling news; by now, most policymakers and consumers are aware, at least at a high level, that social media and streaming services have been collecting user data for years , often without clear indications that they were doing so or opportunities for users to opt out.

Consumer 264