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As more factories switch to renewable power, Ikea sets new emissions targets

Inside Retail

The 50 per cent reduction target compares with the 2016 financial year, while its prior 15 per cent goal was set in 2017. The company cut its emissions by 12 per cent in the latest financial year as more of its manufacturing facilities switched to fully renewable energy. Inter Ikea said emissions were estimated to total 24.1

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How Jeanswest went from VA to Clothing Store of the Year in 12 months

Inside Retail

Jeanswest previously won the Roy Morgan Customer Satisfaction Awards in 2016 and 2017, but Yeung said this time was particularly significant. The post How Jeanswest went from VA to Clothing Store of the Year in 12 months appeared first on Inside Retail. Without [our customers and our team], we wouldn’t have come this far.

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Promotions and Discounts: 2017 Back-to-School Trends

Wiser

Consumer spending during back-to-school 2017 sales was forecasted to increase and reach $83.6 Target seems to also follow the same trend for both 2016 and 2017. On the other hand, in 2016, Walmart held a consistent 20 percent discount on back-to-school products throughout the season. 2016 Average Percent Discounted .

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[eBook] Wiser’s 2017 eCommerce Holiday Guide

Wiser

The 2017 holiday retail season is getting closer and retailers need to be prepared to address the changing holiday shoppers’ needs. . Additionally, more online sales were made on Black Friday than on Cyber Monday in 2016. . Additionally, eCommerce will make up  12 percent of total retail , compared to last year’s 10.6

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Why Dutch-style bike brand Lekker is embracing e-bikes and retail partners

Inside Retail

Since 2017, e-bike sales in Australia have increased by 500 per cent with the value of e-bike imports in Australia exceeding the value of conventional non-electric bike imports in the past two years. In 2019, e-bike sales in Australia were about 48,000 units, almost double what they were in 2017. million this year.

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85 Degrees caught exploiting Taiwanese students, fined $475,000

Inside Retail

An investigation by the Fair Work Ombudsman (FWO) found that between July 2016 and June 2017, eight Taiwanese students (aged 20 to 22) on working holiday visas were underpaid between $50,213 and $58,248 each over a period of just under 12 months.

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Behind Abercrombie & Fitch Co’s record results lies a decade-long reinvention

Inside Retail

The results are impressive considering less than 10 years ago, in 2016, the company’s namesake brand, Abercrombie & Fitch, was ranked as one of the most hated retailers in the US by the American Customer Satisfaction Index. Net income rose six times over to hit US$115.1