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

Inside Retail

This is the message put forward by Wesfarmers’ CEO Rob Scott, and Kmart Group managing director Ian Bailey, to investors last week. Labour, leases, and clearance stock So, what are those levers? According to Bailey, the Kmart Group business has three main costs which it can reliably predict: labour, leases, and clearance stock.

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Rob Scott: ‘Some of our locations may be suitable as vaccination points’

Inside Retail

We also continue to encourage our team to get vaccinated and they can use personal leave to attend appointments,” a spokesperson for the supermarket told Inside Retail. We’re currently doing half that and don’t have the stocks to catch up for at least another three months,” Bilsborough told Inside Retail. Slow rollout.

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Getir and the rapid rise – and equally rapid downfall – of speedy grocery

Retail Gazette

Turning a blind eye to the mediocre performances of longer standing competitors Deliveroo, Amazon and Just Eat, venture capitalists and start up CEOs forged their way to misguided glory, chasing mirages of untold successes down a dead end path. The margins on food are simply too low. So what have we learnt from the speedy grocery era?

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Reinventing the phone shop: Dialling up the experience

Retail Gazette

That’s not to say the mobile phone shop is dead. According to managing director of commercial Bridget Lea, the format welcomes in “a new EE” focusing on “fulfilling all our consumer tech needs”. Meanwhile, supermarkets including Tesco and Sainsbury’s have long had a stake in the market.

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How the Supply Chain Disruption Is Sparking Holiday Risk & Resilience

Rangeme

While retailers and consumer packaged goods (CPG) suppliers have had to grapple with COVID-19 and digital transformation, now they must also manage reduced capacity along the global supply chain, hampering holiday sales success. Retail workers are quitting at record rates for higher-paying work: ‘My life isn’t worth a dead-end job.’