Remove Accounting Remove Location Remove Planning Remove Shipping
article thumbnail

Mosaic plans 40 new mega stores after network cull spurs profit turnaround

Inside Retail

The plans were revealed along with the group’s annual result which saw a $33.5 With that taken into account, comparable store sales rose by 9.6 ” A focus on e-commerce has seen online sales account for 20 per cent of group turnover in the latest financial year, with 4.4 million items shipped.

Planning 241
article thumbnail

LSKD appoints first chief retail officer as part of its “audacious” growth plan

Inside Retail

Customer experience LSKD has ‘audacious’ growth plans for the next few years and Shaughnessy is expected to play a key role in helping the brand create a unique in-store experience and ensuring the right products are stocked in each store. LSKD was recently named ‘Business of the Year’ in the 2024 Telstra Best of Business Awards.

Planning 264
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How To Choose The Best Location For Your Business

Retail Minded

Choosing the right location for your company is essential since it will have a direct impact on your business success. The right location will boost your visibility, improve accessibility, and connect you with your target audience. So, choosing the wrong location will restrict your options and cost you money.

article thumbnail

Want to Cut the Cost of Fast Fulfillment? It All Starts with Inventory Placement

Retail TouchPoints

The problems with getting products to people quickly and cheaply are well-known: consumers want fast fulfillment, which is costly to provide, but they don’t want to pay high (or really any) shipping fees. This is both more complex and more top-of-mind due to ESG [environmental, social and governance]; no one likes to ship air.”

article thumbnail

Kohl’s Expands Marketplace to New Categories Following Successful Pilot

Retail TouchPoints

With digital now accounting for 30% of Kohl’s sales annually, CEO Tom Kingsbury specifically pointed to the marketplace and the connected Kohl’s Media Network as “ two key digital growth initiatives ” for the beleaguered retailer on the company’s Q4 2022 earnings call.

article thumbnail

Internal Warehouse vs. 3PL: How to Reach the Best Decision for Your Business

Retail TouchPoints

In internal fulfillment, the business handles the complete process of storing, packing and shipping. The company must have a warehouse to keep its inventory, and a logistics team to manage the goods for storing, ordering and shipping directly to stores/distributors or customers. Each option has its benefits and disadvantages.

article thumbnail

Witchery works its magic: Inside its growth plans for 2022

Inside Retail

In 2022, we’re hoping to put all the shipping delay and delivery issues from last year in the past and we’re focusing on our online delivery timeframes being quicker than ever. We know Witchery has been working on formalising its Reconciliation Action Plan in 2021.

Planning 130