Sun.Mar 26, 2023

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Redbubble co-founder Martin Hosking named CEO

Inside Retail

Martin Hosking has been appointed CEO and MD of the Redbubble Group, effective immediately. Outgoing CEO Michael Ilczynski resigned to pursue other opportunities in a non-competitive area and will provide assistance to Hosking until June 30 to ensure a smooth transition. “While I am disappointed the group has not returned to growth under my leadership, I am proud of the progress we have made towards achieving our strategic objectives,” said Ilczynski.

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Americans tip less as more businesses request tips

Retail Wire

Forty-eight percent of quick-service restaurants now offer customers the option of adding tips to orders. That’s up from 38 percent in 2020, according to Toast. The average tip today is 15.9 percent, down from 16.4 percent last year.

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BWX shares suspended from trading as lifeline financing sought

Inside Retail

Wellness and beauty retailer BWX has sought an “immediate suspension” from the trading of its shares on the ASX to focus on refinancing the business and continue to function. The group – which owns brands including Sukin, Nourished Life, Flora & Fauna, Go-To, Andalou Naturals and Mineral Fusion – posted a loss of $100 million in its first half results and its CEO Rory Gration stepped down last month.

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More workers are commuting to their jobs

Retail Wire

Nearly 73 percent of companies said their employees rarely or never worked from home last year, according to a Labor Department report. “There’s a sense that innovation, creativity and collaboration can suffer when teams are apart,” said Mike Steinitz, senior executive director at Robert Half. “They believe employees are simply more productive in the office.

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Get MACH Ready: Preparing Your Business for Digital Transformation

Adopting MACH technology means more than implementing new platforms. This type of digital change affects your organization at every level and requires a thoughtful approach to navigate challenges that crop up. The Get MACH Ready report, co-authored by MACH Alliance member Scott Canney in collaboration with Orium, commercetools, and Contentstack, will provide you with strategies to prepare your organization for a digital transformation.

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How retailers are tackling textile waste as Aussies overconsume

Inside Retail

Amid the rise of fast fashion and social media platforms accelerating consumptive behaviour, it appears that many Australians aren’t wearing or re-wearing the clothes they purchase. This was highlighted by the Fashion Resale Report from online retailer Reluv and Monash University. While 73 per cent of those surveyed said that they buy pre-loved clothes, about 80 per cent of Aussies admitted to wearing less than 60 per cent of their wardrobe.

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SNAP program cuts to hit some grocers hard

Retail Wire

Extra pandemic-related funding for the Supplemental Nutrition Assistance Program (SNAP) will reduce what beneficiaries can spend on groceries by an average of $95 a month. Kroger CEO Rodney McMullen said the cuts will create “a meaningful headwind for the balance of the year.

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Manufacturers find advantages come with the ‘Made in USA’ label

Retail Wire

Supply chain issues and a contentious relationship with China are giving manufacturers more reasons to think about making their goods in the U.S. “Consumers want to know where things are made more than ever,” Mr. Shupe said Taylor Shupe, who is one of those manufacturers. “And how things are made.

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Anchorage Capital settles on David Jones deal, heralding new era

Inside Retail

Anchorage Capital Partners has formally settled on its acquisition of department store business David Jones and promised to pursue ongoing growth and innovation with the chain. Anchorage has confirmed that David Jones CEO Scott Fyfe and his management team will continue in their roles and with the new owner’s backing seek to accelerate the transformation program which is already bearing dividends.

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Deichmann celebrates its Price Promise campaign with additional offer of ‘Buy One, Get One Half Price’ on Fila and Skechers

Retail Times

Europe’s largest shoe retailer, Deichmann, celebrates its Price Promise campaign with an additional exclusive offer of ‘Buy One, Get One Half Price’ on Fila and Skechers styles launching on March 27th.

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“A big opportunity”: Amazon betting big on palm-only payment tech

Inside Retail

Amazon and Panera, the US bakery-cafe chain, have teamed up to help customers pay for orders and access rewards with just the palm of their hands. Apparently, one in five Americans visit a Panera bakery-cafe every quarter. That’s over 66 million Americans dining in or taking away at more than 2,100 locations across the country. The fast-casual restaurant chain has its MyPanera loyalty program, which has more than 52 million members, each with access to personalised rewards.

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How Retailers Are Transforming Customer Experiences with Data & AI

Speaker: David Azoulay, Marc Stracuzza, Román Tejada, and Guest Speaker Sucharita Kodali

Imagine a retail landscape where every interaction is personalized, every decision informed, and every opportunity maximized 🤔✨ Join us for an exploratory journey into the heart of AI-driven retail innovation. We’ll unveil the transformative potential of AI and data analytics in shaping the future of omnichannel personalization and e-commerce.

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What Is a GTIN and Why Do You Need One?

Store Growers

Last Updated on March 27, 2023 We’re all familiar with barcodes because they are used to identify products at the checkout registry in supermarkets. What most of us don’t know is that those barcodes are actually a visual representation of unique product numbers which convey a lot of information about the item we buy (including details about its manufacturer).

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Raising the bar: How Ethique is leading the way on plasticless hygiene

Inside Retail

From a shampoo bar made in a New Zealand kitchen in 2012 to an international, values-led business, Ethique has championed climate friendly values from the very beginning. Here, we speak with founder Brianne West about the business’ growing expansion opportunities, the surge in ‘values-led’ brands, and what other brands get wrong about being green. Inside Retail: What have the past few years been like for Ethique?

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