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‘Illusory’: Woolworths, Coles charged with falsifying discount promotions

Inside Retail

The ACCC alleged that the supermarkets increased the prices of the products by 15 per cent for a brief period before being subjected to Woolworths’ ‘Prices Dropped’ and Coles’ ‘Down Down’ promotions. ” The ACCC filed separate proceedings in the Federal Court against Woolworths and Coles. .

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Bakers Delight’s promo product pricing plan hits ACCC roadblock

Inside Retail

The Australian Competition and Consumer Commission (ACCC) has blocked a Bakers Delight plan to install a new product price tiering system for a range of promotional products in its new point-of-sale system. Bakers Delight’s new PoS system will not allow for product or price modification of discount promotions.

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Alimentation Couche-Tard Promotes COO to Top Spot

Retail TouchPoints

Convenience store retailer Alimentation Couche-Tard will promote current COO Alex Miller to CEO and President, effective Sept. The board and I have been planning for an orderly and seamless succession for several years, and we have carefully assessed the process and possible candidates.

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Wonder Group Raises $700M in Funding, Plans 90 Locations by 2026

Retail TouchPoints

Former Walmart exec and Jet.com founder Marc Lore and his newest company Wonder Group have raised $700 million from various investors to support its Vision, Capital and People (VCP) plan , which is designed to support the business’ execution and scale, Lore revealed in a LinkedIn post. both of which are scheduled to open this year.

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Forever 21 Continues U.S. Expansion with Plans for 14 New Locations

Retail TouchPoints

In addition to this Southern California store, the retailer has new shops planned for Illinois, Rhode Island, Nevada, Iowa, Pennsylvania, Virginia, Massachusetts, Georgia, Florida and Puerto Rico. Forever 21 plans to celebrate each new store with a grand opening featuring special promotions, giveaways, gifts with purchase and food.

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How Amazon plans to disrupt the grocery sector by merging choice and convenience

Inside Retail

However, at last week’s Delivering the Future event in Nashville, Tennessee, the retail giant announced major plans to combine choice and convenience for its customers. This is how Amazon plans to deliver choice and convenience to consumers without compromising on speed or value.

Planning 245
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Dusk plans e-commerce overhaul as sales slip

Inside Retail

Incoming CEO Vlad Yakubson will start earlier than planned on October 9. Our key focus is on executing our strategic priorities, being disciplined on promotional activity and price point management to maximise gross margin dollars, controlling costs and delivering outstanding customer service to maximise sales conversion and basket size.”

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