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Booktopia searches for new CEO after Tony Nash steps aside

Inside Retail

Booktopia CEO Tony Nash is to step aside to take up a new position within the company focused solely on growth as the company struggles in a “volatile and unpredictable” market. Volatile and unpredictable’ market. million, units shipped up 7 per cent to 6.75 million, but EBITDA was down 63 per cent to $5.5

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

Inside Retail

How is it that a data-driven, market-focused business has failed, while traditional book businesses continue to define the industry? Founded in 2004, the company grew quickly , from turning over $2000 in the first month, to $30,000 in the fourth. US-based Amazon has captured more of the Australian book market in recent years.

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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. Innovation can be brought about in three ways: changes in technology; changes in the market; and changes to how products or services are used in a market.

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

Retail TouchPoints

The consumer buying behaviors retail marketers all once knew to be true experienced a seismic shift. The question now is: what do these new “pandemic personas” look like, and how can retail marketers cater to their new needs to set benchmarks for a successful 2021? Frugal Freddie is hyper-focused on value. Socially-Conscious Sally.

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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 To reach a wider audience, retailers need to build user-friendly websites, incorporate online sales channels, and allocate resources to digital marketing campaigns.

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Sweet success: How NZ honey brand Comvita is charting international growth

Inside Retail

Now, Comvita’s biggest international market is China and the business is keen to continue exploring further into Asia. “We I joined the business two years ago, and now we are trying to leverage our capability and resources out of the greater China segment for total Asia, for the honey industry we are the market leader.”.

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Can Lord Rose stop the rot at Asda?

Retail Gazette

Rose may not be the permanent CEO that Asda has been seeking, but as its market share is revealed to have plunged from 13.1% The supermarket achieved record online grocery sales in 2023, as sales hit £3.2bn and ended the year with its highest ever online grocery market share of 20.8%. Who is Lord Rose?

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