Wed.Dec 01, 2021

Woolies blocks Wesfarmers’ plans for API with $872 million bid

Inside Retail

Woolworths Group has put forward its own non-binding bid to acquire Australian Pharmaceutical Industries at a cash price of $1.75 per security – a 20c per share premium on Wesfarmers’ $1.55 per security offer.

How To Deal With The Shop Local But Buy Online Retail Trend

Retail Doc

Every Friday I answer your questions in a Facebook LIVE video. This past week many questions revolved around the new retail trend some call shop local but buy online. showrooming retail customer service, shop local

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Meet the cool Melbourne brand spreading kindness through clothing

Inside Retail

After experiencing bullying in the workplace, Amber Wilkinson left her corporate job and started a small business with the aim of bringing a little more kindness to the world – through clothing.

How Much Do You Remember From Working Retail?

Retail Doc

Those who started working in retail these past 18 months will someday look back and remember well the long days of mask-wearing, belligerent employees, safe social distancing, and much more that marked this time. small business owners retail employee training survive working retail

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Woolies blocks Wesfarmers’ plans for API with $872 million bid

Inside Retail

Woolworths Group has put forward its own non-binding bid to acquire Australian Pharmaceutical Industries at a cash price of $1.75 per security – a 20c per share premium on Wesfarmers’ $1.55 per security offer.

What convenience stores are getting right

Retail Dive

Whether it's fast delivery, a focus on local products, or building out great private labels, c-stores have some lessons to teach other retailers

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Premier Retail starts FY22 off on the back foot

Inside Retail

Premier Retail has suffered a stop-start beginning to FY22, with total sales down 3.5 per cent throughout the half-to-date due to the mandated closure of more than half of its store network. According to the business, which runs Jay Jays, Just Jeans, Peter Alexander, Smiggle, Portmans, Jacqui.E,

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‘We were on a knife’s edge’: Greenlit Brands’ Michael Ford talks turnaround

Inside Retail

In a retail career spanning over 30 years, the global supply chain crisis caused by Covid-19 has been one of the most challenging situations Greenlit Brands boss Michael Ford has ever faced.

Carrie Underwood to leave Dick's Calia brand

Retail Dive

In an Instagram post, the singer said she had finished her last collection with the retailer. The joint private label is a top performer at Dick's

ATS 100

FWO takes Coles to court over alleged $115m in underpayments

Inside Retail

The Fair Work Ombudsman has commenced legal action against supermarket Coles, alleging it underpaid thousands of salaried employees by a total of $115 million since 2017.

Majority of US retailers, critical infrastructure unscathed after holiday cyber warnings

Retail Dive

Industry averted a major cyber incident amid warnings from the FBI and CISA, though home furnishings retailer Ikea fought to contain a sophisticated phishing attack

AuMake and Miniso to launch dual-branded stores in Sydney

Inside Retail

Asia-Australia focused chains AuMake and Miniso are partnering on a strategy to bring their customers together in new dual-branded Australian stores.

Zara parent Inditex names founder's daughter as chair

Retail Dive

Marta Ortega Pérez is now the company's chairwoman. The retailer also named a new CEO in a leadership shakeup

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CouriersPlease CEO Mark McGinley exits

Inside Retail

CouriersPlease CEO Mark McGinley has left his role to take up a CEO position with Freightlancer, the freight division of Freelancer, the world’s largest freelancing and crowdsourcing marketplace.

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With profits up, Chico's slows down store closure plans

Retail Dive

The retailer's Soma lingerie continues to stand out, even outpacing the market, as lean inventories in Q3 added to the namesake brand's struggles

Analysis: As technology marches on, Asia’s retail property huffs and puffs

Inside Retail

In the last financial reporting year, covering calendar 2020, the world’s top 20 technology companies booked revenues of US$2.1 trillion. This represented an increase of US$135.2 billion on 2019.

2022 Predictions: Shipping Experience Will be the Key to Retail and Ecommerce Success

Retail Touch

The pandemic has brought about long-term changes for both business operations and consumer expectations, and 2021 taught us how far removed we are from ever returning to the old “normal.”

Big in Japan: The return of vending machines

Inside Retail

Covid-19’s impact on small and medium-sized businesses has been especially heavy. The restaurant and tourism industries have experienced the collective trauma of multiple lockdowns. These industries have demonstrated their resilience by thinking differently and creatively, to generate change.

Refusal to take cash for health reasons is bogus, says lobby group

Talking Retail

Retailers that refuse to accept cash on hygiene grounds during the pandemic are doing so for “bogus reasons”, says the Cash Supply Alliance (CSA). The CSA, a cash industry organisation, is urging retailers to accept cash payments at least to the same level as the new £100 contactless limit.

ATS 98

Businesses say AusPost is “penalising” them for using eco-friendly parcels

Inside Retail

Thousands of small business owners have signed a petition calling for Australia Post to stop “penalising” businesses that choose to use their own packaging when sending parcels.

Walmart, Hollister open AR holiday stores in Snapchat

Retail Dive

The Snap Holiday Market and new augmented reality shopping Lenses are the platform's latest efforts to merge commerce with social media

Cashed up brewer Heaps Normal has heady plans

Inside Retail

Australian non-alcoholic beer start-up Heaps Normal raised $8.5 million in capital late last month, to drive its mission to disrupt Australia’s drinking culture.

Allbirds' net loss nearly doubles in Q3

Retail Dive

The brand is continuing its store expansion, something many DTCs have come to do as the limitations of selling online become increasingly apparent

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Cyber Week 2021 Was Slow, but Retail is Still on Track for a Record-Breaking Holiday Season

Retail Touch

In another sign that Black Friday, and to some extent the entire extended Thanksgiving weekend, has ceded its position as a truly peak shopping period, Black Friday 2021 was a mixed bag for retailers. Store traffic was 47.5%

The Bay debuts tech-enabled pop-up shop for the holidays

Retail Dive

Shoppers can make purchases by scanning QR codes and checking out on their phones. The store also offers a buy now, pay later option

Tesco Enters the Retail Media Fray

Retail Touch

The UK’s largest retailer, Tesco , has joined the likes of Walmart and Target by launching new advertising capabilities that will allow brands and agencies to reach its massive digital audience.

The Three N’s of Employee Fulfillment

Shep Hyken

In the best of times, it’s important to keep your best employees. In tough times, it’s even more important. Customers are beginning to feel the results of The Great Resignation , which quite honestly, is not so great.

Hot Topic Upgrades Order Approval Speed by Automating Fraud Review

Retail Touch

Hot Topic has partnered with Signifyd to revamp its online order approval process and reduce false declines. The retailer’s recent ecommerce growth has been hampered by its manual fraud review process, which was time-consuming and resulted in too many mistaken rejections of legitimate orders.

Toys “R” Us to Open American Mall Flagship

VMS

Heritage retailer Toys “R” Us, now owned by WHP Global, will debut a two-story flagship inside American Dream Mall in Bergen County, N.J, according to a press release. The store, which will open mid-December, marks the first standlone flagship for the brand under new ownership.

A Christmas Miracle? Toys ‘R’ Us to Open at American Dream Just in Time for the Holidays

Retail Touch

There’s been a giraffe sighting at the American Dream mall in New Jersey, and this wasn’t just any old giraffe.

ACS welcomes continued success of Peas Please campaign

Talking Retail

The role of local shops in the Peas Please campaign – an initiative that works to make vegetables more appealing – has been welcomed by the Association of Convenience Stores (ACS).

FTC Probes Retailers on Consumer Pricing

VMS

Amazon and Walmart were among the retailer the U.S. Federal Trade Commission has requested internal documents from as part of an investigation into supply chain disruptions, reports CBS. The companies have 45 days to surrender what would normally be considered proprietary information.

Cloud Service, OEMs Raise the Bar on AI Training with NVIDIA AI

Nvidia

Look who just set new speed records for training AI models fast: Dell Technologies, Inspur, Supermicro and — in its debut on the MLPerf benchmarks — Azure, all using NVIDIA AI. Our platform set records across all eight popular workloads in the MLPerf training 1.1 results announced today.

A New Style of Motorway Service Station?

VMS

As Owner/Founder of Creative Download, I travel extensively with my team, visiting clients across the U.K. It is always a pleasure to stop and grab a bite to eat at Gloucester Services, which is located on the M5 highway. This seems to the new breed of motorway service stations.

NCR accelerates towards zero-trust with Cisco ACI and AlgoSec

Cisco Retail

This blog is a joint collaboration between Ravi Balakrishnan (Cisco) and Tanya Mackenzie (AlgoSec). NCR Corporation is a leading global point-of-sale (POS) provider for restaurants, retailers, and banks and a provider of multi-vendor ATM software.

LightArt’s Cherry Blossoms

VMS

LightArt’s Cherry Blossoms. This custom installation showcases this company’s lighting capabilities. Cherry Blossoms is a custom sculptural installation inspired by the Japanese architecture of the building where it’s displayed.

Real or Not Real? Attorney Steven Frank Uses Deep Learning to Authenticate Art

Nvidia

Leonardo da Vinci’s portrait of Jesus, known as Salvator Mundi , was sold at a British auction for nearly half a billion dollars in 2017, making it the most expensive painting ever to change hands.