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Apple heads for largest Q3 revenue drop since 2016 as iPhone sales slow

Inside Retail

per cent drop in total quarterly revenue, according to Refinitiv – its steepest drop in third-quarter revenue since 2016. The business, which accounts for roughly a quarter of Apple’s total revenue, is expected to grow 5.7 The world’s most valuable firm will wrap up Big Tech earnings on Thursday, with a likely 1.6

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As more factories switch to renewable power, Ikea sets new emissions targets

Inside Retail

The 50 per cent reduction target compares with the 2016 financial year, while its prior 15 per cent goal was set in 2017. The 2023 emissions were down 22 per cent compared with 2016. Ikea’s use of raw materials such as wood accounts for the biggest share (45.9 “We are very much looking forward to scaling this.”

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Grill’d marketing deemed “extremely inappropriate”

Inside Retail

Grill’d initially denied it had breached the Advertising Code of Conduct with the ad, but has now said it will take steps to modify the ad to take the Panel’s concerns into account.

Marketing 331
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Blanket recycling pioneer calls it a wrap

Inside Retail

The sustainable label was founded in 2016 by sisters Karina and Samantha Seljak with an aim to accelerate the transition towards a more circular economy. Seljak’s blankets will be available for purchase until stocks last, with sale announcements made via its social media account and mailing list.

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Amazon Launches Global Anti-Counterfeiting Team

Retail TouchPoints

In November 2016, Amazon filed its first-ever lawsuits against alleged counterfeiters. Amazon also has collaborated with brands and law enforcement to hold counterfeiters accountable through financial penalties, civil litigation and criminal prosecution. The company works with the National Intellectual Property Right Center in the U.S.,

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Mattress Firm Puts IPO on Ice, Citing Market Volatility

Retail TouchPoints

After going private in 2016, the chain hit a few bumps in the road, including an accounting scandal that saw the resignation of the current CEO. In 2017, Mattress Firm filed for bankruptcy to facilitate a prepackaged restructuring that included the closure of 700 underperforming stores.

Marketing 269
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Australia Post MyPost Business & Starshipit integrate

Inside Retail

Since 2016 MyPost Business has helped many Australian businesses manage their domestic and international sending in one place with a free and easy to set up account. Starshipit also integrates with accounting and warehousing platforms such as Cin7, Unleashed, Xero, MYOB and many others, making business life a lot simpler.

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