Inside Retail
APRIL 23, 2023
Chemist Warehouse has hit a mega milestone, officially opening its 500th store. The pharmacy retailer commemorated the landmark new store, at Croydon Central, Victoria, with a ribbon-cutting ceremony. Co-founders Mario Verrocchi and Jack Gance cut the ribbon in-store to officially kick off trade. Chemist Warehouse hosted a family-friendly day of activity for local Croydon shoppers to celebrate the store opening.
Mass Relators
APRIL 23, 2023
UNION, N.J. — Bed Bath & Beyond Inc. said Sunday that it had filed for Chapter 11 bankruptcy protection and plans to “implement an orderly wind down of its businesses while conducting a limited marketing process to solicit interest in one or more sales of some or all of its assets.” To facilitate this process, the company has received a commitment of approximately $240 million in debtor-in-possession financing (“DIP”) from Sixth Street Specialty Lending, Inc.
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Inside Retail
APRIL 23, 2023
Discount retailer The Reject Shop is facing a class action lawsuit for “purported underpayments” to staff, launched by specialist law firm Adero Law Between February 2016 and April 2021, seven former employees of the discount retailer allege underpayment during their employment with the company. However, in a statement, the retailer responded that “any under-award payments to team members, will be corrected” adding Adero Law has not clarified the details of the claims.
Fashion Retail
APRIL 23, 2023
Latest expert speaker call with Miya Knights and hosted by RBC contained interesting thoughts on how Amazon’s strategy has progressed and on current trends in Retail.
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.
Inside Retail
APRIL 23, 2023
It’s no secret that the cost of acquiring customers online has gone up in recent years, and with shoppers expected to rein in their discretionary spending in the months ahead, retailers must consider ways to optimise the process of attracting and converting customers to continue to grow. There are countless tools and technologies available, but which ones deliver the most bang for your buck?
V Count
APRIL 23, 2023
Public transportation serves as a primary mode of transportation for billions of people worldwide. It has been a crucial part of modern urban life for many decades now, and the industry is further growing as the demand for public transportation grows alongside the world’s population. However, this growth goes unchecked, and most private companies and government organizations are far from running their public transportation operations in an efficient way.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
V Count
APRIL 23, 2023
[vc_row][vc_column width=”2/3″] Public transportation serves as a primary mode of transportation for billions of people worldwide. It has been a crucial part of modern urban life for many decades now, and the industry is further growing as the demand for public transportation grows alongside the world’s population. However, this growth goes unchecked, and most private companies and government organizations are far from running their public transportation operations in an efficient wa
Inside Retail
APRIL 23, 2023
Franchising systems have underpinned aggressive and successful growth strategies for many well-known and highly regarded retail brands. These successes have been matched by major setbacks and failures, however, as well as a long trail of legal disputes. Franchising is promoted as a win-win deal with greater prospects of success than for independent businesses but it doesn’t eliminate all the risks of starting a new venture and, in some respects, adds more.
Mass Relators
APRIL 23, 2023
PALM BEACH, Fla. – Leaders of the National Association of Chain Drug Stores (NACDS) on Sunday addressed a high-energy and robust audience of retailer and supplier members at the 2023 NACDS Annual Meeting, in the Association’s 90th Anniversary year. Remarks of Brian Nightengale, NACDS chair, and president of Good Neighbor Pharmacy, and NACDS President and CEO Steven C.
Inside Retail
APRIL 23, 2023
US homeware retailer Bed, Bath & Beyond has filed for bankruptcy and has commenced a liquidation sale process. The 52-year-old omnichannel brand sells a range of merchandise primarily in the home and baby markets such as decorative homeware and lifestyle goods, accessories and textiles. At the start of the third quarter, the company implemented a turnaround plan with a refocus on merchandising and inventory control in a bid to strengthen its financial position following a loss of US$451 mill
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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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