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Booktopia may have collapsed, but here’s why bookshops are not endangered

Inside Retail

Founded in 2004, the company grew quickly , from turning over $2000 in the first month, to $30,000 in the fourth. It moved into a larger warehouse in 2014 and by 2018, it was shipping 30,000 parcels per day. He initially ran Booktopia as an out-of-hours pursuit, with $10 per day to invest from the family business.

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Booktopia searches for new CEO after Tony Nash steps aside

Inside Retail

Building Booktopia from a budget of just $10 a day in 2004 into Australia’s leading online book retailer has been an incredibly rewarding journey,” he said. million, units shipped up 7 per cent to 6.75 Nash, the online book retailer’s co-founder, will stay on the company’s board and remain fully involved with the business.

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Five lessons business leaders can take from the recent wave of retail collapses

Inside Retail

Despite a 20-year history since its founding in 2004, Booktopia has faced financial turmoil in recent years. Units shipped were also down 21 per cent to 3.1 Risk management and diversification Businesses should explore new markets, products and alliances to diversify their sources of income and reduce risk.

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Resilience Training: Small Business Innovation During a Recession

Retail TouchPoints

And to avoid possible delivery delays, using more than one shipping carrier builds resilience as well and allows you to maintain more control over your ability to serve your customers. James Chin Moody is a Co-founder and CEO of Sendle , a company that delivers shipping that is good for the world by helping small businesses thrive.

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Can Lord Rose stop the rot at Asda?

Retail Gazette

Lord Rose, who was appointed as Asda chairman in December 2021, has a wealth of retail and business experience, having served as a chair, board director and chief executive of many of the UK’s largest retailers, including M&S, where he has served as CEO and executive chair between 2004 and 2011.

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The New ‘Pandemic Personas’: Defining the Seismic Shift in Consumer Buying Behaviors

Retail TouchPoints

Well, with that, she also wants to make sure that any packages arriving at her doorstep are prepared, handled and shipped with the utmost care and safety precautions top of mind. Bose recognized the potential of search marketing as an essential advertising channel in 2004.

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Who could replace Sharon White as the next John Lewis Partnership chair?

Retail Gazette

Perhaps with M&S now motoring, Norman might jump ship to see if he can perform a similar feat at its rival? Price stepped down as deputy chairman and managing director of Waitrose in 2016 after 33 years at the business. Stuart Rose Lord Stuart Rose is no stranger to managing some of the UK’s biggest retailers.