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Silly Solly’s plans 10 more stores as it moves to franchise model

Inside Retail

Aussie discount retailer Silly Solly is on a growth trajectory, with plans to expand as a franchise, after shifting from a licensing model. This offers our store owners more protection and the opportunity to resell their business.” We experimented with a couple of stores and decided there was a need for this, ” said Stanton.

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Walmart Eliminates Hundreds Of Jobs Throughout U.S. Division

Retail TouchPoints

Numerous social media posters wrote that Walmart plans to consolidate e-Commerce operations at its Bentonville, Arkansas, headquarters, but few workers were offered the option to relocate. Multiple sources say the restructuring plans were in place for several months and are not related to COVID-19.

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Category Insights Report: Dollar Stores Redefine Themselves with Enhanced Merchandising and Mobile Apps

Retail TouchPoints

Additionally, high interest rates are a reality for the “foreseeable future,” which has “fundamentally changed the disposable income available to individuals,” according to Mohit Mohal, a Managing Director with Alvarez & Marsal’s Consumer and Retail Group. That has ultimately had a trickle-down effect on the category.”

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The Reject Shop’s full-year sales ease up, share buy-back planned

Inside Retail

The company opened 22 new stores during the year – primarily in neighbourhoods and strip locations in both metro and country areas – but closed 14 underperforming stores, taking its store count to 369. The post The Reject Shop’s full-year sales ease up, share buy-back planned appeared first on Inside Retail.

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Reject Shop brushes off wage theft class action as ‘immaterial’

Inside Retail

The retailer said one of the signatories to the class action was claiming “less than $20” According to the Australian Financial Review , the law firm alleges the discount retailer underpaid up to 1400 salaried managers an average of $40,000 to $65,000.

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Ethical Commerce: How to Overcome 3 Top CSR Hurdles (With Examples)

Retail TouchPoints

These data and technology access concerns reflect brands’ desire to link their CSR plans and track their progress against a clear set of KPIs. This category includes discount stores, mass merchants (“big box stores”) and businesses focused on specialty hardlines. General merchandise. Grocery and convenience.

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The Reject Shop posts sales decline due to lockdowns, absenteeism

Inside Retail

Despite this, the company managed to open 11 new stores in both metropolitan and country areas. The store network now includes 137 stores and plans are underway to open another 15 stores in the second half.

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