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Myer’s latest trading update is a testament to putting the customer first

Inside Retail

million and now account for 21.3 Myer currently operates 56 department stores across Australia, as well as its online business and in-house brands including Sass and Bide, Marcs and David Lawrence. “Our per cent, compared to the first half of the last financial year. The report revealed that online sales were $390.1

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The Need for Delivery Speed Drives Holiday Hiring

Retail TouchPoints

Retailers will need to account for the heightened demand for home deliveries from COVID-19, which has incentivized many retailers to form new relationships with Instacart, Shipt, DoorDash and other services that enable home delivery at scale. Ecommerce execution will lean more heavily on store-based fulfillment.

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Q2 2021 Roundup: How Target, Macy’s and Foot Locker Harnessed Consumer Optimism

Retail TouchPoints

Target’s Store-Based Fulfillment Model Drives Convenience. The secret to Target’s success is the retailer’s expertise at utilizing its stores for fulfillment, whether as a staging ground for last mile delivery or an efficient curbside pickup hub. Target’s physical comparable sales grew 8.9%

Consumer 314
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How Canningvale plans to take Robinsons Singapore back to its roots

Inside Retail

Fast-growing Australian online retailer Canningvale plans to relaunch the iconic Singaporean department store Robinsons as an online-only business this month after acquiring the company’s digital assets for an undisclosed sum. Some of the brands have a history with Robinsons, while others are new to the department store. .

Planning 147
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Macy’s Returns to Profitability in Q4 Despite Same-Store Sales Dip; Digital Grows 21%

Retail TouchPoints

Macy’s Q4 and full-year 2020 results show signs of a turnaround for the department store, hard hit, like many of its counterparts, by the COVID-19 pandemic. Net income for the 13 weeks ended Jan. The increasing prominence of digital reflects the company’s “Polaris” omnichannel transformation strategy.

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Costco, Nordstrom And Abercrombie Results Showcase Retail Fortunes Across Three Verticals

Retail TouchPoints

Nordstrom, like many other department stores, had a much weaker quarter: overall sales fell 40% , with full-price locations dropping 36% and the off-price division declining 45%. The declines were attributed to store closures, though the retailer has reopened about 40%.

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Woolworths’ ballooning underpayments muddy a strong half

Inside Retail

Specifically, the retail conglomerate said it had incorrectly accounted for long service rules across various states, as well as failing to properly pay team members overtime rates. The discount department store did see strong online adoption through the half, since most stores were closed, with a 69.4