Sun.Jul 31, 2022

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Red Rooster adds EV charging to its menu

Inside Retail

Eco-conscious chicken lovers can now charge their electric vehicles (EVs ) as they dine thanks to a partnership between Red Rooster and Evie, a company formed in 2017 to build a convenient and dependable EV charging network. Two Evie fast chargers have been installed at the newly renovated Red Rooster Vermont restaurant in Victoria, and there are plans for more.

Finance 264
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12 Accounting Mistakes New Business Owners Often Make

Small Biz Trends

A new business won’t survive long if it doesn’t have solid cash flow and a good accounting system in place. Unfortunately, some of the most common financial problems stem from simple mistakes new entrepreneurs may make the first time they’re tasked with keeping the books. Luckily, there are ways to avoid or fix most of these common mistakes and save your business’s bottom line.

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Is it time to give your retail business a health check?

Inside Retail

From sporadic lockdowns and supply chain issues to chronic labour shortages, Aussie retailers have had a tough run with so much disruption in recent years. And now it seems the $360 billion sector which employs 1.3 million Australians will have to deal with customers tightening their purse strings as consumer confidence hits its lowest point in June and July since the start of the pandemic. .

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5 Ways to Protect Your New Business

Small Biz Trends

When you’re just getting your startup off the ground, you’re open to many vulnerabilities you’re likely not aware of. Read on to learn about five critical ways to protect your new company—from the kind of insurance you need to security measures you should take to safeguard your brand to deciding on a business structure. Business Insurance.

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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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Apple forecasts faster sales growth, despite glum economy

Inside Retail

Apple says parts shortages are easing and that demand for iPhones is unceasing despite consumers tightening other spending, helping it top Wall Street expectations and forecast faster sales growth ahead. Though macroeconomic indicators around the world are turning negative, CFO Luca Maestri told Reuters there had been no slowdown in demand for iPhones, the company’s biggest source of revenue.

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Overcoming Cash Flow Challenges with Inventory Funding

Rangeme

When you run a business, the amount you are paid is important. But the timing of incoming cash is often even more important. It can be a key determinant of success. The reason is that cash flow — the timing of when you get paid and when you have to pay bills — can mean the difference between being able to pay employees and buy additional inventory, or not.

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Interesting Stats on Too Many Virtual Meetings

Small Biz Trends

Remote working has provided workers with numerous benefits to their work/life balance, but there are some downsides to working from home. New research published by RedRex – an innovative group of web developers – has revealed virtual meetings to be something of a thorn in the side of remote working. While many virtual meetings are necessary for communication, the research discovered that a significant amount of workers find that the frequency of meetings wastes time, causes stress an

ATS 139
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“Innovation becomes even more important”: How Bloomthis creates joy

Inside Retail

Founded in 2015, Bloomthis is an online florist in Malaysia specialising in handcrafted designer flowers, artisanal gifts and gourmet food on-demand. Husband and wife team Giden Lim and Penny Choo have focused on creating a joyful, easy-to-use gifting experience, with their proprietary technology and same day delivery service. “At that time, we noticed that the flower gifting and receiving experience wasn’t great.

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Advice from veteran retailers on how to get through a recession

Inside Retail

While the world wonders whether or not the US is officially in a recession, and if so, which markets could be next, we reached out to some of Australia’s most experienced retailers to find out how they approached financial crises in the past, and what if any lessons can be applied today. Here’s what Strandbags Group CEO Felicity McGahan, Brand Collective CEO Eric Morris and Feathers founder Margaret Porritt had to say. .

Wholesale 130
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Lindt exec talks why Australia is such a strong test market

Inside Retail

After a two-year hiatus from launching stores in Australia, Swiss chocolatier Lindt has kicked off a new bricks-and-mortar strategy alongside a nascent online offer. Here, we talk to Lindt Australia CEO Michael Schai about his time in the retail industry, as well as what the global brand has learned throughout the pandemic. Inside Retail : Can you tell me a little bit about your journey through the retail industry?

Marketing 130
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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.