Inside Retail

SEPTEMBER 3, 2023

Australia’s Labour government will introduce legislation to close “loopholes” in workplace law, a move opposed by employer groups fearing higher costs. Workplace Minister Tony Burke has introduced a bill making it a criminal offence to deliberately underpay workers, with a maximum penalty of 10 years in jail and a maximum fine of $5.0 million.

279

279

Retail Gazette

SEPTEMBER 3, 2023

Tesco workers are being offered body cameras following an increase in violent attacks, according to the grocer’s CEO. Physical assaults at the grocery giant have risen by a third since 2022, Ken Murphy said in The Mail on Sunday , as he called for stricter laws for the perpetrators. Although recent law changes have made attacking a shop employee an “aggravating factor” in convictions, Murphy said he wanted “abuse or violence towards retail workers” to become an offe

Supermarket 144

Supermarket Grocer Shopping ATS 144

Inside Retail

SEPTEMBER 3, 2023

After only six months of operations, Aje Collective’s beauty brand, Ikkari, launched its first physical location, with the promise of more to come. Operating in Westfield Sydney City until January 2024, Ikkari’s ‘Summer Retreat’ location features the brand’s range of health and beauty products alongside a series of wellness-retreat-inspired treatments, such as tonic tastings, skincare treatments and, soon, massages.

Planning 246

Planning Beauty and Health Target Market Location 246

Retail Gazette

SEPTEMBER 3, 2023

John Lewis is facing hold-ups in the £150m sale of part of its Oxford Street flagship store. Last year, the departmnet store picked a joint venture between developer Hines and Korea’s National Pension Services as preferred bidder for the scheme, which would convert the upper floors of the Oxford Street store into offices. The bidders were said to be willing to pay £150m for the chunk of the store, however, declining property values and increasing interest rates have thwarted the deal, The Times

Planning 113

Planning Department Stores 113

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.

Checkout

Inside Retail

SEPTEMBER 3, 2023

In a warehouse on the outskirts of Barcelona, women stand at conveyor belts, manually sorting T-shirts, jeans and dresses from large bales of used clothing – a small step towards tackling Europe’s towering problem of discarded fashion. Within a year, the sorting centre run by garment re-use and recycling charity Moda Re plans to double the volume it handles to 40,000 metric tonnes annually. “This is just the beginning,” said Albert Alberich, director of Moda Re, which is

Fast Fashion 245

Fast Fashion Fashion Planning Supermarket 245

Retail Gazette

SEPTEMBER 3, 2023

Wilko is closing in on a rescue deal with HMV owner Doug Putman’s offer securing the backing of the retailer’s creditors for the deal. PwC is thought to have obtained support from creditors including the Pension Protection Fund and other major landlords and suppliers, The Times reported. It is understood that the administrators were looking into the financing behind Putman’s bid, which is mostly in the form of debt provided by Gordon Brothers, as they want to understand the ter

Finance 113

Finance 113

Retail Gazette

SEPTEMBER 3, 2023

Wilko’s auditor EY is facing backlash due to its oversight of the collapsed retailer after approving the company’s accounts despite Wilko cautioning that it lacked the necessary funds to withstand a significant sales drop. It comes as MPs on the Business Committee are set to meet gather on Tuesday to discuss the fate of the retailer, which collapsed into administration last month.

Accounting 109

Accounting Finance 109

Inside Retail

SEPTEMBER 3, 2023

In an era where digital and physical retail intersect, the food and beverage sector stands at a critical juncture. As Asia’s food and beverage industry witnesses an accelerating shift – with consumers increasingly turning to online ordering even as they return to their favourite dine-in spots – the challenge for merchants is to seamlessly integrate these two worlds.

Merchant Services 130

Merchant Services Payment Services Consumer Returns 130

Retail Gazette

SEPTEMBER 3, 2023

John Lewis advisers have warned that it faces “extreme challenges” in making money from its scheme to convert parts of its stores into housing. According to The Telegraph , plans to construct over 400 flats above a West Ealing Waitrose could cost the company far more than its worth on paper. Planning documents have revealed the development could result in a negative return of £57m for the business.

Returns 109

Returns Planning Department Stores 109

Retail Gazette

SEPTEMBER 3, 2023

Morrisons is slashing prices on more than 170 products throughout stores this week, making it the eight round of price reductions for the supermarket this year. The grocer has lowered and locked over 1,000 prices each week since January, in a bid to help customers plan their budgets without the worry of price fluctuations. The supermarket has also launched “More Month” this September to help shoppers stock up, budget and bank extra loyalty card points.

Grocer 57

Grocer Supermarket Planning Shopping 57

Advertisement

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.

Management

Retail Gazette

SEPTEMBER 3, 2023

It’s the retail story that’s been running and running over the last two weeks, as British high-street retailer Wilko announced that it was going into administration, nearly 93 years after it opened its first store. While the news came as a surprise to shoppers across the UK, the retail giant’s downfall didn’t come out of the blue; signs of financial struggle had been clearly visible to those in the industry for some time.

Marketing 52

Marketing ATS 52