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Kmart MD talks Target merger, shrinkage, and adapting to customer behaviour

Inside Retail

With customers continuing to seek more value as cost-of-living pressures bite, Wesfarmers’ Kmart Group is set to benefit from shifting consumer demand, and an increasingly strong value proposition. Labour, leases, and clearance stock So, what are those levers?

Shrinkage 130
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Upparel set to launch textile recycling in New Zealand in December

Inside Retail

Upparel takes unwanted clothing and textiles from consumers and businesses across Australia. So our partners in New Zealand have already committed their dormant, unwanted stock, and places like the Salvation Army have committed to give what they don’t deem sellable.”.

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As warehouses get greener, demand for eco-friendly packaging is soaring

Inside Retail

As consumers expect more environmentally sustainable solutions for the packaging of products and deliveries, shippers may be missing equally compelling reasons to make the switch: significant cost savings and an increase in operational flexibility. For example, Ranpak’s automated Cut’it!

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Retail technology for building recession resilience

I Vend

Consumers continue to spend on essentials such as food, personal care, and basic clothing, but reduce their outlay on items such as furniture, home electronics, sporting goods and accessories. Read more That decline may manifest across the economy as low unemployment, rising prices and squeezed margins. Product mix. Retaining customers.

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‘Like a ghost town’: Retailers react to the Omicron wave

Inside Retail

Foot traffic is down in CBDs and shopping centres as consumers return to working from home. We then struggle to get deliveries and stock, as their workers are also in isolation. At some stage, we do need to return to normal, and we must live through the impacts, so we can get to the other side. It goes on and on.

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WHAT IS FUELING THE REBIRTH OF PHYSICAL STORES?

Retail Minded

Brand health includes customer loyalty, the consumer experience journey and customer connectivity. The store of yesteryear may be dead, but the store of today is undergoing somewhat of a renaissance. POS has certainly come a long way since the rather perfunctory function of previous generations.

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Understanding Furniture Inventory Management Software in 2023

Retalon

Powerful analytics help you optimize stock levels to drive sales, improve margins, and increase customer satisfaction. This software uses technology like barcode scanners, RFID, IoT sensors, and integrated ERP systems to monitor, track and manage your furniture stock. Furniture inventory management software offers a smarter solution.