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Record retail theft puts pressure on Australian supermarkets

Inside Retail

. “Supermarkets operate on very thin profit margins. Supermarkets refer to goods lost to theft, expiry or payment error as stock losses. The post Record retail theft puts pressure on Australian supermarkets appeared first on Inside Retail. Woolworths and Coles declined to comment.

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Woolworths faces prosecution over unpaid long service leave

Inside Retail

Woolworths Group and its subsidiary Woolstar have allegedly failed to pay more than $1 million in long service leave to 1235 former employees. Since 2019, the group has undertaken an extensive end-to-end review of its payroll systems and processes. Meanwhile, Woolstar failed to pay $45,000 in entitlements to 36 former employees.

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Amazon Plans Chainwide Rollout of Palm-Based Payments at Whole Foods

Retail TouchPoints

Amazon will expand its Amazon One palm payment technology to all 500+ Whole Foods Market stores by the end of 2023. The identification, payment, loyalty membership and entry solutions are currently deployed at a total of more than 400 locations in the U.S., Amazon acquired Whole Foods in 2017 for $13.7 billion.

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Woolworths to accept QR code payments

Inside Retail

The new feature allows shoppers to seamlessly pay and update their Everyday Rewards points using a QR code, eliminating the need for processes at the end of a transaction. Everyday MD, Hannah Ross said Everyday Pay has been designed to ensure speedy and easy contactless payment for the retailer’s customers. “By

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Scenes from a Supermarket

Retail TouchPoints

There’s a scene I particularly like where Winger, a harried mother of two, is in the checkout line at the supermarket and finds she doesn’t have enough money to pay for all her groceries, and it’s a perfect example of how not to provide good customer service.

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Aussie supermarkets can expect softer demand ahead, say analysts

Inside Retail

Australian supermarkets will reap bigger profits in fiscal 2023 half-year due to decades-high inflation and increased savings, but analysts warned of a rough second-half as households reel from mounting expenses due to higher cost of living. Woolworths said food prices over the September quarter rose 7.3 per cent, while Coles reported a 7.1

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Walgreens Debuts Wellness-Focused Credit Card, Giant Eagle Expands In-Store Digital Payment Options

Retail TouchPoints

Walgreens has introduced the myWalgreens Credit Card program, while supermarket chain Giant Eagle will start accepting PayPal and Venmo in-store as retailers continue expanding their payment options. The move also can speed up payment processes via PayPal and Venmo QR codes.