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Deliveroo Australia collapses, enters administration

Inside Retail

The expected return on such investment is not commensurate with Deliveroo’s risk/reward thresholds,” the company said. Deliveroo started its business in Australia in 2015 and was the longest-standing online food delivery platform in the country.

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Retail appointments of the week

Inside Retail

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. Returning feels natural and very personal. He previously led the business between 2015 and 2022. My heart has always been Chloé’s.

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Beyond the Transaction: How PayPal is Helping Remove Friction Across the Commerce Experience

Retail TouchPoints

Since spinning off from eBay and going public for a second time in 2015, PayPal has expanded its reach well beyond that one digital marketplace to more than 30 million merchants worldwide. Happy Returns is a great example of an add-on component that we paid money for and that our merchants can now offer as a service.

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Amazon Begins Expanding Electric Van Program, Provides Update on Packaging Reduction

Retail TouchPoints

Amazon is seeing returns on its sustainability investments, particularly for its electric delivery van pilot and machine learning (ML)-powered reductions in packaging weight. Since 2015, Amazon has reduced the weight of its outbound packaging by 33% , eliminating 915,000 tons of packaging material worldwide.

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

Retail Gazette

Potts joined the supermarket in 2015 after almost four decades at Tesco, where he started on the shop floor aged 16 and rose through the ranks to run its Asian operations. Mark Price With John Lewis in peril, could we see Lord Mark Price return to the Partnership? Sound familiar?

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Tiffany, now owned by LVMH, reopens on a Fifth Avenue in flux

Inside Retail

With the return of tourism to New York after pandemic-related declines, luxury retailers are again betting on refreshed flagships to drive consumer interest and traffic. While high, it’s a decline from 2015, when Spiegelman said the luxury retailer Bulgari paid $5,000 per square foot for a lease extension on Fifth Avenue.

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Gucci’s new challenge: reigniting heat while boosting timeless appeal

Inside Retail

De Sarno, a senior fashion designer from Valentino, is tasked as creative director with reviving the fortunes of the brand that accounted for two-thirds of Kering’s profits in 2021. For Bernstein analyst Luca Solca, Gucci needs to make a strong statement to return to the center stage.

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