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Singtel denies it plans to sell Optus despite talks with Canadian investor 

Inside Retail

The post Singtel denies it plans to sell Optus despite talks with Canadian investor appeared first on Inside Retail Australia. Additional reporting from Reuters.

Planning 264
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“Primed for disruption”: Cargo Crew founder talks acquisition, growth plans

Inside Retail

Domestic and global plans Rodgers explained that different companies had approached Cargo Crew over the years to discuss what a joint venture or partnership would look like. Cargo Crew is now planning to formally enter the US market, with plans to establish an on-the-ground team and PR presence before moving stock.

Planning 246
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Ron Johnson’s Enjoy Technology Files for Bankruptcy, Set to be Sold

Retail TouchPoints

The ultimate plan is to sell to the highest bidder. The idea was to bring the store experience to consumers’ homes via a technology-powered “mobile store” operation, with an initial focus on telecommunications and consumer electronics ( AT&T and Apple are partners in the U.S.).

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Flight Centre to reopen 35 stores as travel demand soars

Inside Retail

Trans-Tasman travel company Flight Centre is set to reopen 35 retail stores from hibernation with a nationwide recruitment drive planned to fill vacancies. Flight Centre’s GM for Australia, Brent Novak, said the reopening will particularly help customers in regional areas who rely on face-to-face consultations for travel purposes. “At

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AWS to Invest an Additional $7.8B to Expand Ohio Facilities

Retail TouchPoints

In January 2023, the company announced plans to invest $35 billion by 2040 to expand its data centers in Virginia , and in May it shared plans to invest $12.7 News of the AWS investment in Ohio follows two similarly large investments already announced this year. billion by 2030 for the same purpose in India.

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Outgoing Myer CEO John King on why Black Friday might overtake Christmas

Inside Retail

Myer director Ari Mervis will succeed Stephenson as chairperson, while Chadwick, who plans to retire early next year, will be replaced by deputy CFO, Matt Jackson. We are well placed for the Christmas and Black Friday peak, which we believe will be even bigger that Christmas [and] have strong plans in place to capitalise on customer demand.”

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Telstra fined $50m for unconscionable conduct toward Indigenous Australians

Inside Retail

The fine] is appropriate given the nature of the behaviour by Australia’s biggest telecommunications company, which was truly beyond conscience,” Sims said. “We ACCC chair Rod Sims said Telstra’s board and executives failed to act to stop this behaviour when they were first made aware of it in 2017. “[The