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The Body Shop Australia facing ‘cashflow crisis’

Inside Retail

Credible reports suggest The Body Shop Australian business is facing a cashflow crisis as a result of the collapse of the UK parent company. The Body Shop operates about 100 stores in Australia and is said to be the most profitable international arm of the stricken business.

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What Every Retailer Should Do to Stop Account Takeover Attacks

Retail TouchPoints

Given that much of this compromised data will include email and password combinations, cybercriminals have been handed even more assets to perform Account Takeover (ATO) attacks. adults have been victims of account takeovers. ATOs occur when a cybercriminal steals login credentials to carry out identity theft and fraud.

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Kroger Cooks Up Shopping Integration with GE Appliances

Retail TouchPoints

More than 150,000 owners of select GE Appliances can now view seasonal recipes on their oven’s and range’s LCD screen and then seamlessly shop for the ingredients from supermarket giant Kroger. Touchscreens on the appliances will showcase a rotating selection of recipes from Kroger and strategic CPG brands including King Arthur Baking.

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Amazon Anywhere Offers In-Game Shopping for Real-World Products

Retail TouchPoints

Amazon has debuted a new immersive shopping functionality called Amazon Anywhere that allows customers to discover and buy physical products from Amazon within virtual environments such as video games, augmented reality applications and mobile apps.

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How to Find the Best Accountant for Your Retail Business

Retail Focus

In these challenging times that we are all going through, having the right help on your side can mean the difference between thriving and closing down shop. An accountant can be an invaluable partner in your entrepreneurial journey but only if you find a good one for your business. Consider your needs. Ask for referrals.

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The Reject Shop sales increase, positive momentum in January

Inside Retail

Discount retailer The Reject Shop says it is pleased with the ongoing “positive momentum” in sales following a strong Christmas trading period. In a trading update citing preliminary unaudited accounts for its December half, sales are expected to be up 3.5 per cent to $439.7 million while comparable store sales improved by 2.4

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Reports: Microsoft’s Bing Quietly Launches Marketplace in Bid to Compete with Google Shopping

Retail TouchPoints

Called “Buy Direct,” the third-party marketplace is being integrated into Bing’s existing ecommerce experience, Start Shopping, where consumers can find products and are then directed to a retailer’s website to make the purchase. Google’s shopping function is more algorithm-based, relying on the query itself and search history.