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The Body Shop Australia facing ‘cashflow crisis’

Inside Retail

The Guardian has quoted sources explaining that the money earned by the key overseas businesses during the peak trading period in November and December was paid into a global account, based in the UK – “a practice termed ‘cash pooling’”. Some 20 stores in New Zealand are also affected, managed by the Australian business.

Shopping 290
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Why Retailers Need Cloud-Native Payment Orchestration: 5 Tips to Flexible, Scalable, Customized Payment Infrastructure

Retail TouchPoints

Surprisingly, how retailers manage and handle payments has not changed; it’s decisively stuck 20 years in the past. Meanwhile, the payment team is frustrated, accounting can’t scale efficiently under the demand to reconcile reports, and the retailer’s developer can’t stick everything together. 4) Scale for Simplicity.

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The Case For Subscription Service In CPG

Retail TouchPoints

The costs, as a percentage of net sales, for CPGs to serve their retail partners has been rising by an average of 40 basis points since 2006. Replenishment subscriptions, where consumers sign up to have everyday goods delivered on a regular basis, account for 32% of the subscriber population. The Next Big Move For CPGs: Going DTC.

Consumer 284
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Amazon is Moving Beyond its Own Walls Like Never Before…What Will it Mean for Retail?

Retail TouchPoints

Last week, at the company’s fifth annual Accelerate conference for its third-party selling partners (which now account for 60% of its sales, by the way), Amazon continued down a path that it started on 24 years ago, when it first turned its website into a third-party marketplace.

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Why Ksubi CEO Craig King reads a book a fortnight, and says you should too

Inside Retail

I worked hard to become a manager for a group of stores, and I suppose I had a fairly competitive nature back in the day. By the time I was 35, I felt fairly polished in accountancy, P&Ls, human resources – areas I would have to be good at. I landed the job of GM at General Pants in 2006, and then in 2010, I became CEO.

Boutique 246
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The Risk-Conscious, Security-Aware Culture: The Forgotten Critical Security Control

Cisco Retail

Chief Information Security Officers (CISOs) across the Global 2000 and Fortune 1000 are obsessed with protecting the workforce endpoints as critical vulnerabilities in the cybersecurity and risk management posture of their enterprises. Cybersecurity and risk management in today’s computing enterprise is not a spectator sport.

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Momotaro Jeans aims to capture international customers through rebrand strategy

Inside Retail

They account for 48.5 per cent of the brand’s purchases at its five directly managed stores. Momotaro Jeans was born in 2006 in the Kojima district of Okayama prefecture, known as the birthplace of ‘Japanese Denim’. The expansion of inbound sales at directly managed retail stores was one major factor,” the president said.

Wholesale 147