Sun.Feb 02, 2025

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Coles to cull 10 per cent of in-store range – report

Inside Retail

Coles reportedly plans to cut its range by at least 10 per cent to boost sales and achieve higher profit. According to the Australian Financial Review , the supermarket chain has been working with consultants at Bain over past months. The company has not specified the type of products that will be affected. A Coles spokesperson told the AFR the retailer was working with suppliers to improve the value, quality, range and availability of its products.

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‘Krispy Kreme Baby’ Gets Sweet Surprise From Doughnut Chain. Here’s What Happened

Retail Wire

Krispy Kreme knows how to treat its youngest fans.

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We Wear Australian immersive pop-up is landing at New York Fashion Week

Inside Retail

We Wear Australian, an initiative created by Showroom X, is activating at New York Fashion Week with an immersive retail activation on 7 February. Instead of relying on international retailers and wholesalers to come to Australian shores to discover local talent, We Wear Australian is bringing 12 emerging and established designers to the global stage.

Fashion 147
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Carnival Cruise Line Scolds Passengers for This Banned Balcony Activity

Retail Wire

Carnival Cruise Line is warning passengers not to engage in this popular activity.

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Protect Your Businesss Online Reputation with These Expert Tips

In today's digital world, your online reputation can make or break your business. Protecting it requires proactive strategies, from monitoring customer reviews and social media mentions to responding professionally and showcasing positive feedback. This guide will help you establish a strong online presence, address negative comments effectively, and leverage SEO to highlight your best qualities.

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Retail sales increase 4.6 per cent in December

Inside Retail

Retail sales improved 4.6 per cent year over year $36.99 billion in December, thanks to higher turnover across all categories. Australian Bureau of Statistics (ABS) data showed that household goods saw the highest growth rate of 7.1 per cent as sales totalled $6.14 billion. Other retailing, which includes recreational, sporting goods and cosmetics, went up 5.6 per cent to $5.76 billion, while clothing, footwear and accessories climbed 5 per cent to $3.01 billion.

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Iceland boss stands behind farmers after inheritance tax raid

Retail Gazette

Iceland boss Richard Walker has stood behind farmers following the governments proposed inheritance tax changes, claiming the Treasury has parked its tractor in the wrong place. The supermarkets managing director criticised Chancellor Rachel Reevess decision to reduce the relief entrepreneurs can claim when passing their company on to their children with any assets above 1m subject to a 20% tax.

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Marks & Spencer invests in value for family shoppers

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! As more families choose to shop at M&S, the retailer has invested in the price of over 300 family favourite products – as it re-affirms its commitment to delivering trusted value and everyday low prices on the products that matter most to its 32m customers.

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How Lush is standing up for Māori rights in New Zealand

Inside Retail

Lush is a beauty company with campaigning at its heart and its latest initiative involves 900 bars of soap and a political message. The cosmetics business has come out in support of Mori leadership and others who oppose the Treaty Principles Bill, which aims to define the principles of the Treaty of Waitangi, also known as the Te Tiriti o Waitangi, and put them to a nationwide referendum for confirmation.

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Asos suppliers get a boost as credit insurers reinstate cover

Retail Gazette

Credit insurers Atradius and Coface have restored their cover for Asos’ clothes suppliers, indicating revived confidence in its financial stability. The insurance companies restored their cover in January, after withdrawing it in 2023 amid worries over the fashion giant’s falling profits, The Times reported. Additionally, credit insurer Cartan Trade has just opened up cover for the first time.

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Extra Flamin’ Hot Bags ‘Product of the Year’

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Extra Flamin’ Hot just got hotter bagging itself the title of Product of the Year in the Crisps and Bagged Snacks category for its Doritos, Walkers MAX, and Wotsits Crunchy crisps, shooting the spicy snack to sizzling stardom.

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5 Ways You Can Win Faster with Gen AI in Sales

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.

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How companies accelerated US shipments ahead of tariff hikes

Inside Retail

In recent months, plenty of business executives have said they were taking a wait-and-see approach to US President Donald Trump’s broad threats of tariffs. Early holiday-quarter earnings reports show many of them were not. Automakers like General Motors and Mercedes, French cognac makers, and Italian producers of parmesan cheese and sparkling wine have all expedited deliveries to the US Commodities buyers meanwhile stepped up purchases of steel, aluminium, and soybeans. “We see compa

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How the United States’ tariffs will impact global retailers

Retail Times

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! By Jack Shaw, senior editor of Modded Magazine The United States’ tariffs targeting the technology, textiles and automotive industries are a ripple that travels across the global economy. They create unintended consequences for companies worldwide by driving up manufacturing costs, disrupting supply chains and altering trade dynamics.

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