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Innovation is critical to the survival and growth of retail businesses of any size. But how do you innovate when resources are limited and your business is operating in silos with little cross-collaboration? For this month’s Retail Untangled podcast series, Amie Larter of Inside Retail talked with Alita Harvey-Rodriguez – the founder of MI Academy, and the brains behind HackGames – and Jack Howes, head of funding and partnerships at HoMie.
EG Group co-founder Zuber Issa is planning to stand down as co-chief executive of the petrol station empire that he built, leaving his brother Mohsin Issa to lead the business. Salim Hasan, the chief operating officer of EG Group, also intends to step down, however, t he prospective changes will only happen if Zuber Issa completes a deal to buy a selection of sites from EG Group, according to a bond prospectus seen by Bloomberg News.
Apparel brand Bonds is partnering with children’s music group The Wiggles to release its first children’s clothing collection. The collection brings together both old and new characters of the 33-year-old musical icon, aiming to evoke joy in adults and children alike. The range includes Bonds classic zippy’s, pullovers, trackpants, Whoopsies, sleep sets, tee’s, socks, undies and even a dress and tutu.
A major Currys shareholder has urged the firm to sell its mobile phones division in the wake of two failed takeover attempts for the electricals retailer. Fund manager JO Hambro, which holds a 4.5% stake in the retailer, wants Currys to sell ID Mobile, a subsidiary that sells monthly phone contracts and is valued at around £350 million, according to The Sunday Times.
Category Management is a cornerstone of a successful retail strategy. While it promotes collaboration between manufacturers and retailers to optimize category performance, challenges persist in its effective implementation due to hurdles in communication and collaboration across teams and partners, and more. In this guide, we outline five essential strategies for success in 2025 that will touch on all the essential pieces of a successful strategy and implementation.
Treasurer Jim Chalmers expressed support for the independent review of the Food and Grocery Code of Conduct, proposing a mandatory code which – if adopted – will result in multi-million dollar penalties for supermarkets and suppliers who engage in anticompetitive practices. The review proposes a mandatory code, enabling the Australian Competition and Consumer Commission to take supermarkets to court and seek penalties of up to $10 million, three times the value of the benefit from the breach, or
Ocado is on course for another shareholder revolt at its annual general meeting this month over a new pay scheme that could see CEO Tim Steiner receive a bonus of up to £15m. Two influential advisory groups have now urged shareholders to vote against the group’s new remuneration policy and performance share plan on April 29, citing concerns that changes could lead to “excessive pay” and award “materially above market norms”, The Financial Times reported.
Recycled wool blanket business Seljak Brand says it will close down its store after eight years of operations, citing challenging conditions. 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. The company worked with suppliers in Australia and Europe to weave recycled wool blankets that are recyclable at the end of their useful life.
Recycled wool blanket business Seljak Brand says it will close down its store after eight years of operations, citing challenging conditions. 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. The company worked with suppliers in Australia and Europe to weave recycled wool blankets that are recyclable at the end of their useful life.
The number of retailers buckling under economic pressure has hit a five year high as consumers remain cautious amid the cost-of-living crisis. Insolvencies in the sector are up 19% to 2,195 in the year to January 31, up from 1,843, according to figures from Mazars. The accountancy firm reported that ecommerce insolvencies had surged 18% to 615, up from 521 reported in the previous year.
In the iconic Suntec City Tower in Singapore, Hong Kong-listed luggage brand Samsonite is putting sustainability right at the heart of its mission. The renowned name in travel luggage and lifestyle bags unveiled its latest retail store as part of its broader effort to prioritise environmental stewardship and responsible consumerism. Since the launch of its global sustainability strategy, “Our Responsible Journey,” in 2020, Samsonite has sought to weave sustainability into every aspec
The competition regulator’s tougher approach to greenwashing risks retailers pulling back on their sustainability efforts, British Retail Consortium boss Helen Dickinson has warned. Her comments to The Times come as the CMA said it had secured “ landmark changes ” following a probe into eco-friendly claims made by Asos, Boohoo and George at Asda about some of their clothing.
From modest beginnings in the world of book trading to curating a diverse array of brands, including the recent sensation, Kazaang, BMS Brands has epitomised the spirit of the underdog since its inception. The latest triumph of Kazaang, introduced last October, has rapidly ascended to the spotlight, culminating in the prestigious Kids’ Choice Award for its groundbreaking electric water guns this year.
Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.
Mark Baum, senior vice president of industry relations and chief collaboration officer at FMI – The Food Industry Association, tells this week’s Video Forum about the ongoing drive to elevate the presence of supermarket operators and their suppliers in the household products, general merchandise, and health and beauty aids categories. He provides an update on the nonfoods community that FMI is building, and explains how the grocery industry and its customers can benefit from greater involvement
Emerging brands have to support each other. This is the way we climb mountains. None of us can do it on our own. It takes a collective interest. How can we together move the needle? The key word here is “ together.” Our founders take on big CPG brands – bringing even bigger ideas and with much smaller bank accounts (we’re often just hoping to make payroll and pay the bills, right?).
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