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The Body Shop Australia facing ‘cashflow crisis’

Inside Retail

Credible reports suggest The Body Shop Australian business is facing a cashflow crisis as a result of the collapse of the UK parent company. The Body Shop operates about 100 stores in Australia and is said to be the most profitable international arm of the stricken business.

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

Retail TouchPoints

People turned to online shopping in droves. 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. He then helped found Passmark Security which was sold to RSA Security in 2006.

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The Case For Subscription Service In CPG

Retail TouchPoints

The wide adoption of digital channels has dramatically disrupted the way consumers shop, and the recent COVID pandemic has exponentially increased the velocity of that change. 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.

Consumer 284
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Why Ksubi CEO Craig King reads a book a fortnight, and says you should too

Inside Retail

Craig King started his retail career working on the shop floor of a luxury fashion boutique. IR: When you were working on the shop floor, did you ever envision that you would one day be a CEO? By the time I was 35, I felt fairly polished in accountancy, P&Ls, human resources – areas I would have to be good at.

Boutique 246
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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. Aren’t you making shopping better off Amazon?

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How (and Why) Amazon is Sharing its Tech with Retailers Around the World

Retail TouchPoints

billion in annual operating profits, accounting for approximately 63% of the entire company’s operating profits for the year. Retailers today have not really done a good job of understanding consumers and how the technologies they use change their shopping habits. The division closed out 2020 with more than $13.5

Checkout 329
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Byron Bay streetwear brand Afends unveils new concept store in Melbourne

Inside Retail

Byron Bay streetwear brand Afends is opening a new concept store in Melbourne’s QV shopping centre this week. A new store in one of Sydney’s most premium shopping districts is set to open next April, with another location in Australia to open by the end of June.