Inside Retail

AUGUST 27, 2023

This is the message put forward by Wesfarmers’ CEO Rob Scott, and Kmart Group managing director Ian Bailey, to investors last week. Two brands, one model The business announced in July that it would be merging the two department stores’ backends , with the anticipation of increasing efficiencies across the group.

Shrinkage 130

Shrinkage Dead-Stock Department Stores Apparel 130

Retail TouchPoints

MAY 6, 2021

In London, as shoppers return to storied Oxford and Spencer streets after long COVID-19 lockdowns, they’re being greeted by the sight of boarded-up windows and a $23.4 Yet as pundits ponder the death of the department store, the industry is racing to reimagine where and how it sells goods. In the U.S.,

Fulfillment 335

Fulfillment Shrinkage Department Stores Returns 335

Retail TouchPoints

NOVEMBER 7, 2023

Common examples of ORC include when merchandise is stolen and returned for profit or sold through online auctions or in-person sales. Typically, ORC is reliant on a single entity, like an address, credit card or store account that connects a complex crime ring across retail stores. The report also found that there was a 26.5%

Loss Prevention 258

Loss Prevention Shrinkage Returns Payment Services 258