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

Inside Retail

“We’re confident that we can continue to hit the lowest price in the market, and make good margins which are appropriate for our shareholder returns. Labour, leases, and clearance stock So, what are those levers? While value for money is undoubtedly a large focus for retailers moving forward, stamping out shrinkage is another.

Shrinkage 130
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As warehouses get greener, demand for eco-friendly packaging is soaring

Inside Retail

Firstly, by being able to adapt the height of boxes, the company can reduce the number of box sizes warehouses need to stock – in one case a Ranpak client was able to replace 11 boxes with just five, reducing storage space and inventory requirements. The cube that comes off the packing line is as small as possible to wrap the goods inside.