Inside Retail
MAY 21, 2023
Hardware retailer Bunnings is set to implement a trial four-day working week for thousands of its employees. The agreement was reached with the Shop, Distributive and Allied Employees Association (SDA) and will benefit 40,000 employees. Under the proposed changes, full-time employees can work 38 hours over four days or across a nine-day fortnight spread.
Inside Retail
MAY 21, 2023
Born out of Nan Fung Group’s textile legacy in Hong Kong, The Mills Fabrica is a next-generation platform that aims to catalyse innovations for sustainability, environmental and social impact. Today, it is made up of a venture capital fund, startup incubator and impact retail store called Fabrica X, as well as innovation labs, offices and event spaces across Hong Kong and London.
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Inside Retail
MAY 21, 2023
Co-founder of the hit fashion label Clothing The Gaps talks about the origins of the business, what’s driving its success and how the retail industry can create better outcomes for First Nations peoples. Yatu Widders Hunt: I’m hoping to kick off with an understanding of how Clothing The Gaps came to be? Laura Laura Thompson: I’m a Gunditjmara woman and have worked in Aboriginal Community Controlled Health Organisations my entire life – my family was integral in setting up the Victorian Aborigina
Inside Retail
MAY 21, 2023
The Australian government said on Monday it would introduce laws that will consider buy-now-pay-later (BNPL) services as a credit product in a bid to protect consumers in a largely unregulated industry. BNPL companies typically offer on-the-spot interest-free short-term loans with minimal credit checks that spread payments and are largely used by cash-strapped people taking debt, sometimes more than they can afford to buy. “They are very popular but we need to make sure that we can manage
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
MAY 21, 2023
With global plus-size fashion retailer City Chic’s sales impacted by reduced promotional activities, a strategic review has been launched to find ways to improve performance. According to a trading update based on unaudited accounts for the 45 weeks to May 14, group sales fell 15.2 per cent to $262.2 million. By region, Australia and New Zealand sales fell 10.8 per cent to $122.1 million while its business in the Americas is down 21.6 per cent to $106.2 million.
Inside Retail
MAY 21, 2023
Retail media is estimated to be a $180 billion global opportunity, according to the World Advertising Research Center. It is often described as advertising’s third big wave after search and social ads, and has been adopted by some of the world’s biggest retailers. Understanding the benefits of retail media – whether you’re a retailer, brand, agency or partner – is vital to capturing the opportunities in this fast-growing space.
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