Mon.Nov 18, 2024

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Types of Tenancy Agreements To Be Aware Of

Retail Focus

When it comes to renting, choosing the right tenancy agreement can make a real difference in your experience. Whether you’re after stability, flexibility, or a mix of both, understanding the most common types of tenancy agreements can help you make the best choice. With help from SAM Conveyancing , here’s a rundown on the agreements you’re likely to encounter. 1.

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Bunnings breached privacy laws, Privacy Commissioner says

Inside Retail

Bunnings breached privacy laws by using facial recognition technology (FRT), the Privacy Commissioner determined. From November 2018 to November 2021, Bunnings implemented a trial FRT at 63 stores in Victoria and NSW, capturing the faces of every visitor. Privacy Commissioner Carly Kind said that while her office acknowledges the potential for the technology, its benefits must be weighed against its impact on privacy rights. “In this instance, deploying facial recognition technology was th

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NRF Applauds Judge’s Decision to Overturn New Overtime Pay Rule

Retail TouchPoints

A federal judge for the U.S. District Court for the Eastern District of Texas has struck down the U.S. Department of Labor’s (DOL) April 2024 rule aimed at expanding the scope of overtime pay eligibility. The National Retail Federation (NRF) lauded the move, with the trade association’s EVP of Government Relations David French saying in a statement that the rule would have “curtailed retailers’ ability to offer the most flexible, generous and tailored benefits packages to lower-level exempt empl

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Rag & Bone opens Sydney flagship store

Inside Retail

Rag & Bone will celebrate the grand opening of its flagship store in Double Bay, Sydney on November 29. Located at 31-33 Knox Street, the new store features a curated selection of menswear and womenswear collections, including tailored jackets, modern denim, outerwear, accessories, and footwear. “This new store is designed to offer an immersive experience that captures the essence of Rag & Bone, blending timeless design with an unmistakable edge,” said Paul Smith, MD of Signa

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Is Your Business AI-Ready? Find Out with Orium’s Maturity Model

Generative AI is poised to redefine B2B, but scaling AI success in this space isn’t without obstacles. From fragmented data sources and complex buyer journeys to operational inefficiencies, the road to AI-powered growth can be challenging. To achieve a competitive edge, understanding your organization’s AI-readiness is essential. Orium's Data & AI Maturity Model provides a quick, actionable way to assess your starting point.

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WH Smith Forecasts 500 Travel Stores Open in North America by 2028

Retail TouchPoints

Calling North America its “most exciting growth opportunity where we see excellent prospects for further growth in our airport business,” WH Smith plc predicts that it will operate approximately 500 stores in this region by 2028, with the airport business comprising about 85% of the total North American division. As of Aug. 31, 2024, the retailer operated a total of 341 travel-related stores in North America, and 1,253 locations globally.

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Dusk CEO Vlad Yakubson on the retailer’s transformation into a lifestyle brand

Inside Retail

It’s not easy to be a mid-market retailer in Australia right now. There is increased competition from e-commerce players, the local market and major international brands. There is also subdued consumer sentiment and the rising cost of doing business. Growth opportunities are hard to come by. Even so, retailers offering a strong value proposition and attractive shopping experience are gaining steadfast shoppers.

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What the class action against Coles and Woolworths means for ‘The Big Two’

Inside Retail

The ACCC’s lawsuit against Coles and Woolworths for allegedly misleading consumers about the price of essential products has now been spun into a class action lawsuit by the Gerard Malouf and Partners law firm. For Jim Ritchie, founder and strategy partner at branding agency US+US, the price drop class action and ACCC legal action against the Australian supermarket points to something much larger.

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How True Classic Turned VoC Strategy into Post-Purchase Perfection

Retail TouchPoints

Breanna Moreno has always been an expert at efficiency. That’s why, when she joined True Classic in 2020 as the brand’s first employee, her mandate was to build and scale teams to ensure processes were cost-effective but always served the customer well. “I always look at processes to understand them from a consumer standpoint, asking, ‘What is friction?

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Deliveroo Singapore’s MD Jason Parke on the company’s retail arm launch

Inside Retail

Last month, food delivery company Deliveroo expanded its ‘Deliveroo Shopping’ service into Singapore, enabling consumers to order retail goods on demand, alongside its existing restaurant food and grocery offering. The launch coincides with the company’s 9th anniversary in Singapore. Targeting the missing gap The company recently conducted a consumer survey that found 68 per cent of respondents now use food delivery daily, with 80 per cent of those surveyed expecting to use delivery for other ne

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Dollar Tree Shifts C-Suite, Focuses on Family Dollar Strategic Review

Retail TouchPoints

Dollar Tree has made three C-suite appointments following the departure earlier this month of Rick Dreiling, who, citing health reasons, stepped down from his roles as Chairman and CEO of Dollar Tree. The low-price retailer has promoted Steve Schumacher to EVP and Chief People Officer; he had been doing the latter job on an interim basis for the past six months.

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

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Pret A Manger opens city debut at Gloucester Quays, diversifying food offer

Retail Focus

Peel Retail & Leisure has announced the opening of Pret A Manger at Gloucester Quays, bringing the popular British sandwich and organic coffee chain to the city for the first time. This announcement follows a series of food and beverage openings at Gloucester Quays – including a new Subway also now open on High Orchard Street – adding to the destination’s growing food options for its diverse catchment of all-day shoppers and locals and strengthening its reputation as a top 10 UK outlet.

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How a B2B Resale Platform can Solve your Holiday Returns Pile-up

Retail TouchPoints

The holiday season is upon us and will mark a huge boost in revenue for most retailers. Though Thanksgiving week is when the bulk of holiday shopping is done (read: Grey Thursday, Black Friday, Small Business Saturday, Cyber Monday), this year consumers started shopping earlier than ever, solidifying that Christmas creep is alive and well. Meanwhile, retailers and industry insiders are debating the following: Do people still stand in line for Black Friday deals?

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Federal Reserve Survey Finds Many Americans Can’t Get Credit

Retail Wire

Many Americans received denial letters from financial institutions after applying for credit, according to the Federal Reserve.

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The Beaverbrooks Group Chairman honoured with ‘Lifetime Recognition Award’ for outstanding workplace commitment

Retail Focus

The Chairman of The Beaverbrooks Group has been awarded the Best Companies ‘Lifetime Recognition Award 2024’ for his outstanding commitment to the workplace over his career. Mark Adlestone OBE is just the second person in Best Companies’ history to receive this prestigious recognition. Beaverbrooks has also celebrated 21 years in the Best Companies rankings, this year being hailed as the UK’s 3 rd Best Retail Company to Work For and 14 th Best Company to Work For in the UK.

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NEWS: SML RFID Delivers 98% Inventory Accuracy to Gina Tricot

I’m getting in touch with the news that fashion retailer, Gina Trictot, has achieved 98% inventory accuracy thanks to its partnership with SML RFID. Please see the full press release below, including exclusive quotes.

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McDonald’s New Holiday Toys Encourage Spirit of Giving

Retail Wire

McDonald's has dropped a new holiday toy that encourages the spirit of giving among children.

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Asda and Amazon launch ‘hassle-free’ parcel collect and return service

Retail Gazette

Asda and Amazon have launched a new parcel pick-up and label-free, box-free return service at over 700 of the supermarket’s stores. Eligible Amazon orders will now be able to be collected at most of the supermarket’s stores across the UK, with more locations set to be added across the coming months. The tie-up is designed to make shopping at the grocery giant more convenient for customers, who will be able to do their weekly shopping alongside collecting and returning their parcels in one

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Target Extends Store Hours for the Holiday Season

Retail Wire

Target is extending its store hours for the holidays, giving customers more time to shop.

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Morrisons slashes debt by £2.4bn following restructuring

Retail Gazette

Morrisons has completed a major debt restructuring, including the repayment of an additional £200m, bringing its total debt reduction to £2.4bn since its acquisition by Clayton, Dubilier & Rice. The supermarket giant confirmed it has now reduced its debt by nearly 40%, from £6.2bn to £3.8bn. The restructuring included extending its Term Loan Facilities from 2027 to 2030 and reducing both the cost of the debt and the overall debt level.

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eCommerce in 2025: How Customer Experience Drives Online Retail Success

Speaker: Jennifer Wright and Nick Barron

2025 is right around the corner, and with it comes a new wave of consumer expectations, competitive pressures, and operational challenges. Success lies in finding the balance between operational flexibility and creating experiences that keep customers coming back. The future of retail belongs to those who can stay ahead of shifting customer preferences and marketing trends. 🔮 In this session, we’ll dive deep into what it takes to keep customers engaged and your operations nimble, no matt

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Thanksgiving Travel Surge: Brace for Record-Breaking Crowds This Year

Retail Wire

Organizations and airlines are expecting a significant uptick in Thanksgiving travel.

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Harvey Norman: The Australian retail giant vying to shake up the UK

Retail Gazette

Harvey Norman made its English debut last month in the unlikely location of Merry Hill Shopping Centre in Dudley. The Australian electricals and homewares retailer, which has over 300 stores worldwide, has had a lengthy period testing the waters in Northern Ireland for the last 15 years. While the rural suburbs of Dudley may seem like an unusual launchpad for the retailer, which generated £4.6bn (AUS$8.86bn) in global sales last year, to make its English debut, there is method in the madness fro

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Lowe’s Insider Shares How To Score Free $150 Bucket of Merch for Black Friday in Viral Video

Retail Wire

Lowe's has seen its free $150 mystery bucket go viral on TikTok.

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B&Q Introduces Electric HGVs to Drive Sustainable Home Deliveries

365 Retail

B&Q has announced the integration of two electric HGVs (heavy-goods vehicles) into its home delivery fleet, with a third set to join in early 2025. This initiative is a significant milestone in the retailer’s commitment to sustainable home deliveries and reducing environmental impact. Plans are also in place to add smaller electric vans for local deliveries in the new year.

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How to Maximize Amazon Sales and Crush the Competition

With over 9 million sellers on Amazon, online marketplaces are more crowded than ever. Whether you’re looking to fine-tune prices in real-time or align strategies across channels, this guide provides the tools to understand how to maximize sales and secure a lasting competitive edge. Download now to transform your pricing strategy and drive holiday success.

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Chick-fil-A Brought Back This Fan-Favorite Seasonal Menu Item. But It’s Only Available for a Limited Time

Retail Wire

Chick-fil-A is making spirits bright this holiday season.

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Levi’s® Launches Innovative Alexa-Enabled Jeans Fit Guide

365 Retail

Levi Strauss & Co. is bolstering its direct-to-consumer-first focus by reimagining the online shopping experience through the holiday season, with the newly launched Levi’s® Jeans Fit Guide, available on Alexa. The innovative feature – exclusive to Germany from now until the end of December – is an interactive voice-driven questionnaire, which helps customers select the right fit and style of jeans, without the need of trying them on.

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McDonald’s Announces $100M Spend To Bring Back Customers Following E. Coli Outbreak

Retail Wire

McDonald's wants to bring its customer base back.

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Pret A Manger opens city debut at Gloucester Quays

A1 Retail

Peel Retail & Leisure has announced the opening of Pret A Manger at Gloucester Quays, bringing the popular British sandwich and organic coffee chain to the city for the first time. This announcement follows a series of food and beverage openings at Gloucester Quays – including a new Subway also now open on High Orchard Street – adding to the destination’s growing food options for its diverse catchment of all-day shoppers and locals and strengthening its reputation as a top 10 UK outlet.

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Is Your Brand AI-Ready? Find Out with Orium’s Maturity Model

Generative AI is reshaping retail, but achieving true AI success isn’t simple. Many brands face hurdles—underdeveloped data strategies, limited AI-ready infrastructure, or lack of seamless integration across systems. As you explore how AI can boost efficiency and transform customer experiences, understanding your business’s readiness is key. Orium's Data & AI Maturity Model offers a clear starting point.

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Spirit Airlines Officially Files for Chapter 11 Bankruptcy Protection

Retail Wire

Spirit Airlines has growing debts that it cannot meet.

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Sephora to open 20 UK stores as it ramps up expansion

Retail Gazette

Sephora is planning to open 20 UK stores as the makeup retailer ramps up its bricks-and-mortar expansion. CEO Guillaume Motte insisted he wanted to double the size of the company in Britain by launching new shops as well as expanding its online channel, The Times reported. Speaking to the newspaper, he said: “We’re probably looking in the next two to three years to have at least 20 stores in the UK.” The executive said he was confident the brand would prove successful in the UK this

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KFC Debuts ‘Finger-Lickin’ Good’ Holiday Candle Scents

Retail Wire

A new KFC-scented candle is available for purchase.

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Dune London Reopens Renovated Flagship Store at Westfield White City

365 Retail

Dune London has officially reopened its newly renovated store at Westfield White City , unveiling an elevated flagship concept that promises a more engaging and immersive shopping experience. The 101 sqm space showcases the latest in-store design from Dune London’s creative and store development teams, blending luxurious aesthetics with functional enhancements.

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Pricing for Profit: How to Set, Negotiate, and Succeed

Speaker: Igli Laci, Strategic Finance Leader

In today’s competitive market, pricing is more than just a number — it’s the cornerstone of profitability. The right pricing strategy ensures that you capture the true value of your offering, paving the way for sustainable growth and long-term success. Join Igli Laci, Strategic Finance Leader, in this exclusive session where he will explore how a well-crafted pricing approach balances customer perception with business objectives, creating a powerful tool for securing both competitive advantage a