Remove Management Remove Marketing Remove Shrinkage Remove Supermarket
article thumbnail

Kmart MD talks Target merger, shrinkage, and adapting to customer behaviour

Inside Retail

This is the message put forward by Wesfarmers’ CEO Rob Scott, and Kmart Group managing director Ian Bailey, to investors last week. We’re confident that we can continue to hit the lowest price in the market, and make good margins which are appropriate for our shareholder returns.

Shrinkage 130
article thumbnail

How 5G Will Power a New Retail Experience

Retail TouchPoints

With the ability to increase the number of devices and people connected to the network, retailers finally have the technology and price point required to move this from a concept to a mainstream solution, including high-volume big box stores and supermarkets. Gareth Smith is General Manager for Eggplant , a Keysight Technologies company.

article thumbnail

‘Not acceptable’: Drakes director exposes rising cost of retail theft

Inside Retail

Drakes Supermarkets is losing around $10 million each year largely due to theft in stores, according to company director John-Paul Drake. We lose approximately $10 million a year on shrinkage – that covers a range of things but the majority of that is goods that are unaccountable,” Drake said. “It’s Global problem.

Shrinkage 147