Inside Retail
JULY 2, 2023
Uniqlo Australia says an internal audit has uncovered underpayments of staff stretching back seven years with the fashion retailer now contacting impacted workers to organise redress. An email from the brand to a former employee, shared with Inside Retail , shows Uniqlo identified “a number of errors” in the calculation of wages and superannuation payments between July 1, 2015 and June 30 last year.
Retail Gazette
JULY 2, 2023
The number of retailers buckling under economic pressure has hit a new record as shoppers pull back on spending amid the cost-of-living crisis. Insolvencies in the sector surged 56% in the past year, the highest level in nearly a decade, according to figures from law firm RPC. Around 1,942 retailers went bust in 2022-23, up from 1,243 in 2021-22, beating pandemic levels when several retailers crumbled from the closure of the high street.
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Inside Retail
JULY 2, 2023
Online pet supplies company Pet Circle has secured $75 million in funding from its existing top-tier investor, Prysm Capital, coming after strong retail sales of $308.8 million last year. The funding will help support Pet Circle’s growth as it continues to invest in expansion to potentially secure a larger share of the pet supplies market – worth $12 billion annually.
365 Retail
JULY 2, 2023
Crafter’s Companion has appointed Mark Allsop as its new CEO to support its dynamic growth strategy. Prior to joining the global craft retailer, which was founded by businesswoman Sara Davies in 2005, Mark was COO and CDO at Currys plc. Here, he was responsible for developing and leading the business’ omnichannel, data and technology strategy across both physical and digital 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
JULY 2, 2023
Pureplay books retailer Booktopia has raised $8.1 million in capital raising to fund the completion of its Next Gen customer fulfilment centre and enhance its capital position. The raise comprises a $6.5 million two-tranche placement – which is subject to the board’s discretion – and a $1.6 million debt-to-equity conversion, subject to shareholder approval.
Retail Gazette
JULY 2, 2023
Mulberry has rejected retail tycoon Mike Ashley’s efforts to join the luxury handbag retailer ‘s board, the Times reports. Ashley’s Frasers Group owns a 36.8% in the business, which is still ultimately controlled by Malaysian billionaire Ong Beng Seng and his wife, Christina, who own more than 56%. In recent weeks, the Sports Direct founder is understood to have met Mulberry’s executive team in a bid to get voice in the boardroom as he grows frustrated about the alleged “lack o
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Retail Gazette
JULY 2, 2023
Tesco has named retail veteran Gerry Murphy as its new chair to replace John Allan who stepped down last month following allegations of misconduct. The former Kingfisher boss and current chair at Burberry Group and Tate & Lyle will start his new role on the grocery giant ‘s board on 1 September. Murphy said he’d be stepping down from his position at Tate and Lyle to “ensure he has sufficient capacity to act as Chair of Tesco”.
Inside Retail
JULY 2, 2023
Staking its claim in the burgeoning social commerce space, Google-owned YouTube has launched its first dedicated ‘shopping channel’ in South Korea. The channel, which launched on June 30, will be live for 90 days, during which time YouTube will test a shoppable livestream environment for local businesses. “YouTube is committed to building an engaging, informative and entertaining shopping experience for all users, including in Korea,” a YouTube spokesperson told Yonhap.
Retail Gazette
JULY 2, 2023
Mulberry has rejected retail tycoon Mike Ashley’s efforts to join the luxury handbag retailer ‘s board, the Times reports. Ashley’s Frasers Group owns a 36.8% in the business but it is ultimately controlled by Malaysian billionaire Ong Beng Seng and his wife, Christina, who own more than 56%. In recent weeks, the Sports Direct founder is understood to have met Mulberry’s executive team in a bid to get voice in the boardroom as he grows frustrated about what it believes is a lack of t
Inside Retail
JULY 2, 2023
Fashion brands are a key driver of demand for green shipping fuels, according to shipping group Maersk, as the sector faces pressure from consumers and regulators to reduce their climate footprint. Retailers ship huge volumes of clothes from production centres in countries such as China, Vietnam and Bangladesh to consumers around the world, causing carbon dioxide emissions.
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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.
Retail Gazette
JULY 2, 2023
Marks & Spencer is facing backlash after making its annual general meeting an entirely digital event. The high street staple will be holding this year’s AGM on Tuesday and has warned shareholders not to travel to the event, according to the Times. It has billed the meeting as “fully digitally enabled” and told investors that “board members will not be available for interaction with shareholders in person”.
365 Retail
JULY 2, 2023
In the competitive landscape of the taxi industry , independent UK taxi companies need to constantly seek ways to improve efficiency and cut costs to remain profitable. By implementing strategic measures, these companies can streamline their operations, optimise resources, and reduce unnecessary expenses. In this article, we will explore practical strategies that independent UK taxi companies can adopt to improve efficiency and cut costs.
Retail Gazette
JULY 2, 2023
Marks & Spencer is facing backlash after making its annual general meeting an entirely digital event. The high street staple will be holding this year’s AGM on Tuesday and has warned shareholders not to travel to the event, according to the Times. It has billed the meeting as “fully digitally enabled” and told investors that “board members will not be available for interaction with shareholders in person”.
Store Growers
JULY 2, 2023
Last Updated on July 3, 2023 Did you know that approximately 2.3 million Google searches are performed each minute? And when searching for anything on Google, you surely notice ads everywhere. Online ads are the most successful marketing strategy today since they can be cost-effective and can reach many people worldwide. So, if you’re not into the Google ads game, you’re missing out on many potential site visitors.
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.
Dezeen
JULY 2, 2023
Rounded walls and archways create a flow through this Montreal boutique , designed by local studio MRDK for Canadian sportswear brand Ciele Athletics. The first boutique for Ciele , which sells technical headwear and apparel for running, opened in April 2023 on Notre-Dame Street in Montreal – the brand's hometown. Black and white mosaic tiles form a pattern based on Ciele's apparel at the entrance to the store The 3,000-square-foot (279-square-metre) flagship store was designed by MRDK to be as
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