Inside Retail

JULY 23, 2023

Within the retail industry, there are few topics that feel as pressing and complicated as the generational shift from a consumption-based economy to a circular economy. Customers are increasingly expecting businesses to take charge of the lifecycle of their products and ensure that they aren’t ending up in landfill at their end of life. At last week’s Online Retailer 2023 conference in Sydney, industry leaders got together to discuss the massive implications this change has for the industry, and

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Retail Gazette

JULY 23, 2023

Waitrose has bashed ministers for shelving plans to make animal welfare labels mandatory, warning that the UK risks a “race to the bottom” on standards. Writing in The Telegraph , executive director of Waitrose James Bailey described it as “huge disappointment” that the government had abandoned a planned formal consultation on introducing new animal welfare labels for meat production.

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Inside Retail

JULY 23, 2023

Cost of living pressures, supply chain issues, weak consumer confidence, interest rate hikes and reduced retail spending are all making retail a tough business to be in at the moment. Now is the time to reduce operational costs across your business so that you can navigate these economic headwinds and continue to drive profits. Having worked with retail brands all over the world, I want to share my top tips on how to reduce operating costs.

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Retail Gazette

JULY 23, 2023

Asda and Morrisons paid no corporation tax last year in the wake of their private equity buyouts. The pair paid an average of more than £200m of corporation tax a year between then in the decade preceding their acquisitions. However, as they made losses last year – mostly due to large interest payments on the debts loaded onto their balance sheets – no tax was due, The Sunday Times reported.

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Speaker: Loreal Lynch, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

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Inside Retail

JULY 23, 2023

Australian flooring and blinds retailer Carpet Court recently celebrated its 50 year trading anniversary. The milestone follows a busy period for the company. The franchise recently undertook a refresh which included a new website, signage and branding, has expanded to over 200 retail stores nationwide, and is working on a book that records Carpet Court’s history.

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RIS News

JULY 23, 2023

The new president and CEO of Athleta hails from sister companies Alo Yoga and Bella+Canvas. Learn who is taking the role on August 7.

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Inside Retail

JULY 23, 2023

Gami Chicken is targeting 15 per cent year-on-year in-store revenue growth, is on track to grow to 42 locations by the end of 2023, and has grand plans for 2024. Jun Lee, Gami Chicken’s executive director, said “In 2023, the dine-in category made up 54.7 per cent of our in-store revenue composition, followed by delivery at 30.7 per cent and takeaway at 14.6 per cent.

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Retail Gazette

JULY 23, 2023

Adidas received orders worth about $565 million for 4 million pairs of unsold Yeezy shoes, after severing ties with Kanye West, the Financial Times reports. Strong demand for the first batch of online sales would potentially save the German sporting giant from having to take a big write down on its remaining stock. Adidas cut ties with the controversial rapper who goes by Ye, following a string of antisemitic statements in October, before announcing it would sell some of its outstanding Yeezy in

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Retail Gazette

JULY 23, 2023

Ocado will be handed £200 million by rival Norwegian company AutoStore after winning a three-year long ‘robot wars’ legal battle. The retail giant said it and AutoStore have settled their long-running dispute over robot patents. Back in 2020, AutoStore tried to protect six patents that it said Ocado had breached, and launched a legal battle.

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