Friday, June 27, 2014

Retailers demand council keep commitment on Mayfield car parking

A Mayfield business owner has accused Newcastle council of going back on its word to prevent the loss of street parking that he says will threaten his livelihood.






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Thursday, June 26, 2014

Kmart to open WA's first 24-hour department store

Kmart is set to open Western Australia's first 24-hour department store, on the outskirts of Bunbury.






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Wednesday, June 25, 2014

Investors hand down verdict on Westfield restructure

Investors have handed down their first assessment of the new companies born from the contentious $70 billion restructure of the Westfield shopping centre empire.






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Nasty Gal's 4 Phases to Managing Fast-Track Growth

Online trendy fashion retailer, Nasty Gal has set its sights on breaking into the brick-and-mortar scene next year. To do this, the retailer has developed a four phase approach to managing its fast-track growth plans.



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Technology is a Catalyst, Brings the Store to the Customer

Now more than ever, retailers must leverage metrics in the moment and analyze physical data to make decisions. This was the overarching theme of the day at the 2014 Store Experience Symposium that kicked off the Retail Executive Summit in Del Mar, CA.



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Build.com Increases Margins with Pricing Intelligence

The online retailer has leveraged its pricing intelligence and traffic management tools to realize shocking high conversion rates — over 7% in some instances.



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Tuesday, June 24, 2014

Oracle Buys Micros Systems for $5.3B

The acquisition extends Oracle's offerings, combining Micros' hospitality and retail solutions with Oracle's business applications, technologies and cloud portfolio. The $5.3B transaction is expected to close in the second half of 2014.



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Woolworth's offer to buy Lew out of Country Road raises questions

If revenge is a dish best served cold, Solomon Lew has just served up a frozen banquet.


His refusal to capitulate in his 14-year feud with South Africa's Woolworths has finally paid off after it agreed to launch a $17 a share offer for Country Road.


The intrigue of the past few months - with Mr Lew building a potential blocking stake in David Jones - has raised questions the Melbourne-based entrepreneur may be extracting a benefit unavailable to other David Jones shareholders.






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Kathmandu shares smashed after it warns of 10-15 pc profit slump

Kathmandu shares have tumbled after the company warned warmer winter weather would cut profits by at least 10 per cent.






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Australian pork labelling in delis is misleading and covers imports too

Western Australian pork producers would like to see better labelling on locally produced pork products and it's working on creating its own WA pork brand.






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Woolworths South Africa launches bid to buy out Country Road

South African retailer Woolworths is making a $213 million bid to buy Solomon Lew out of Country Road.






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Patagonia Shifts Away from Siloes Toward Seamless Inventory

As part of its shift toward seamless inventory management, Patagonia is expanding its relationship with 7thonline to support merchandise and assortment planning for direct-to-consumer channels.



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6 Digital Initiatives Shaping Retail

Digital innovation is driving retail into tomorrow. At the Retail Executive Summit, Forrester's Sucharita Mulpuru laid out six digital initiatives that are influencing retail today.



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Hunter restaurants and cafes to trial 'white tick' hygiene program

Restaurants and food outlets in the Hunter are being encouraged to take part in a program designed to improve hygiene.






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Mobile Devices: The Multi-Million Dollar Problem and the Fix

Mobile devices are a necessity to almost every worker in retail today, and they are only as good as the batteries that power them. Uncover how to gain back ROI through field service and reliable technology.



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RetailROI Partners to Make a Difference in South Africa

This year, two organizations aimed at improving impoverished communities - RetailROI and LUO, came together to make a difference in South Africa. John Orr explains what he learned on the trip and why it's important to get involved with an organization like RetailROI.



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Retail's Top CIOs Revealed

At the fourth annual CIO of the Year Awards top IT professionals from Luxottica, HSN Inc. and Guitar Center took home the top prizes. See won left with the hardware.



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Journeys Advances Customer Experience with Location-Based Analytics

To enhance the in-store customer experience at more than 1,000 stores, Journeys will rollout ShopperTrak customer behavior insights and location-based analytics.



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Delivering Value From Data

Retailers and consumer products manufacturers are leveraging data to improve their internal business processes and decisions, but how can they best monetize the data? At the inaugural Retail & Consumer Goods Analytics Summit, MIT's Dr. Barbara Wixom will explore how these trading partners are driving bottom-line results by selling data and exposing data in strategic ways to strengthen relationships across the value chain.



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Monday, June 23, 2014

Metcash shares rise despite profit slump

Grocery wholesaler Metcash has reported a 17.9 per cent profit slide amidst tough competition from Coles and Woolworths.






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Friday, June 20, 2014

Widespread losses as market reacts to US Fed comments

The share market has retreated with losses across the board as investors took profits from yesterday's rally sparked by a promise of low interest rates from the US Federal Reserve.






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Public support fails to save department store

The Lachlan Shire Council has vowed to bring another department store to Condobolin, after confirmation the town's Target store will close at the end of the month.






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Newcastle Council questions community on importance of mall markets

Newcastle Council is seeking feedback from the community on whether the Hunter St Mall markets are needed and where they should be.






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Thursday, June 19, 2014

Charleville store targeted to close amid 'profitability' doubts

Retailer Target says it has plans to close 15 stores around Australia but it will look to expand its network as well.






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Wednesday, June 18, 2014

Coles loses case over baked bread claims

The consumer watchdog has won a case against Coles over the supermarket's claims about its baked bread.






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Charleville Target workers told of looming closure

Retailer Target says any potential new site for a shop in a south-west Queensland community would need to be commercially viable for the company to operate.






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Three shoe stores to close to market conditions

Retail company, Fusion Retail Brands has blamed a saturation in the market for closing three of its Hunter shoe stores.






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Top 10 Biggest U.S. Retailers

The global economy has been a roller coaster ride – rising high and falling quick. However, several retailers buckled up for the ride and continued to demonstrate growth. Find out where Target, Walgreens, Apple and more ranked in Forbes' Global 2000 list.



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Tuesday, June 17, 2014

Thirty-One Gifts Optimizes Product Availability with TXT Maple Lake

To better manage its in-season planning professes such as inventory management and open-to-buy, Thirty-One Gifts, a direct-selling company, rolled out Integrated Retail Planning from TXT Maple Lake.



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GreekGear's Conversion Rates Soars 8.8% After Facebook Interaction

The online retailer for all things fraternity and sorority discovered that their social media followers are significantly more engaged and have enacted a strategy to leverage their fans for greater profitability.



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Lush Cosmetics WFM Rollout Boosts Sales 5.7%

LUSH North America - a health and beauty retailer - has rolled out performance and workforce management solutions from StoreForce. Following a 5.72% lift in sales, the retailer will deploy the solution across the entire chain.



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Small businesses urged to embrace online economy

The State Government says the culture of business in Queensland needs to change to take advantage of opportunities online.






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Esperance Shire considers permanent extended Christmas trading hours

The Esperance Shire is considering introducing extended Christmas trading hours on a permanent basis.






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Target closure a 'disaster' for Charleville

A south-west Queensland mayor says a decision by retailer Target to close its Charleville store will have a disastrous impact on the town.






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Comptoir des Cotonniers Debuts 10,000 Boutiques Overnight

French fashion retailer Comptoir des Cotonnier has launched 10,000 "Fast Shopping" virtual boutiques in France. The boutiques are powered by PowaTag, allowing customers to scan tags to purchase items with one click and have them delivered to home within 48 hours.



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6 Essential Customer Strategies for Retailers

New challenges are popping up for retailers as omni-commerce continues to mature and consume an increasingly larger share of retail conversations. Here are just a few of the trends and strategies that will influence retail this year and beyond.



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Account for Employee Training Costs When Choosing a POS

The associated costs and training time need to be factored into POS software deployments. The simpler the solution is for customer-facing staff the better.



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Lowe's Holoroom Helps Customers Design Home Improvement Projects

The home improvement simulator grants customers a sneak peak at their completed room in 3D augmented reality helping them design and shop for the project.



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Monday, June 16, 2014

Target Names Brad Maiorino Chief Information Security Officer

Following last year's high profile data breach and c-suite shake up, Target turns to the former GM executive to head information security.



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Channel Convergence: Challenges and Opportunities

Omnichannel is revolutionizing retail and creating enormous pressures. At the Retail Executive Summit, Rajeeve Kaul , former SVP, Office Depot, will lead a closed door session to explore e-commerce platforms, cross-channel transaction engines, creating a single view of the customer, removing silos, integration efforts across channels, and more.



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Keeping Pace with the Pricing Leaders

As the pricing landscape becomes increasingly competitive savvy retailers are turning to advanced pricing intelligence solutions to power their business strategies. See how Amazon, Best Buy, AutoZone, Smarthome and others are competing in today's price-conscious environment.



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Lew making life hard for David Jones suitor Woolworths

Solomon Lew appears to have tightened the bear hug on his South African nemesis Woolworths.






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Retail sector making gains but tough budget 'won't help'

David Rumbens from Deloitte Access Economics says retail sales are at "a high point in the cycle" but says the tough federal budget "won't help".



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Retail set for tough year in 2016

A prominent economic forecaster is tipping the federal budget will not make a significant dent in retail sales for more than a year.






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Friday, June 13, 2014

Baby food recalled after customer finds metal blade

Woolworths have issued a product recall after an Adelaide mother found a metal blade inside a baby food product.






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$45m plans for Glendale shopping centre

Retail giant Stockland has lodged plans for a $45 million upgrade to its Glendale shopping centre.






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Thursday, June 12, 2014

Banking, mining stocks drag down share market

Banking, mining and retail stocks have all shed value in a lacklustre day for the Australian share market.






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Global economic growth remains 'sluggish'

While retail sales have been picking up in the United States, there's still some softness in the sector globally and some companies may struggle.



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Hobart's Myer $100 million redevelopment due to start this month

Construction on Hobart's $100 million Myer redevelopment is expected to begin this month, seven years after the store burned down.


The Tasmanian Government has announced a $15 million commercial loan for the Kalis Group to ensure the project goes ahead.






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Wednesday, June 11, 2014

Shoppers with Autism offered 'quiet room' in Australian first

Melbourne shopping centre opens soothing sanctuary for children and adults with Autism






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Consumer confidence stabilises after post-budget slump

Consumer confidence has steadied at a strongly negative level, failing to recover from a post-budget slump.






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Community takes on retail giant

The Lachlan Shire Council, which organised yesterday's rally in Condobolin against the closure of a major retail outlet, wants a meeting with the company's decision makers.






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Newcastle night markets seeking move away from mall

Newcastle Council's received an application to relocate the city's night markets with operators concerned about declining patronage.






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Home Depot Builds Out Supply Chain for Two Day DTC Delivery

To fulfill on its promise of interconnected retail, Home Depot builds out a supply chain to accommodate two-day direct-to-consumer shipping - a business that saw about 53% growth last year in the first quarter.



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5 Online Grocery Best Practices

Winder Farms is constantly growing, adding 10,000 new customers last year as it expanded into Southern California. CEO Mike Dutton shares 5 tips to help grow an online grocery business.



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Walmart Sets Sights on 30% E-Com Growth

To bring e-commerce and physical stores together, better serving shoppers, Walmart believes it can deliver 30% e-commerce revenue growth this year, driven by the industry growth, its omnichannel initiatives and enhanced online product variety.



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Tuesday, June 10, 2014

Top 5 and Bottom 5 Retailers of Q1 2014

2013 may have ended on a meager note following harsh weather, a decline in consumer demands and a few massive data breaches; however Q1 2014 is proof that 2013 is a thing of the past and the New Year brings new beginnings. Find out where Cabela's, Advance Auto Parts, Family Dollar and more rank.



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Highest Paid Retail CEOs

CEO salaries across industries rose by 5.5% in 2013 and retailers were some of the most highly compensated according to the Wall Street Journal's annual report. See where the CEOs of TJX, Walmart, Best Buy and others ranked.



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Pacific Brands lowers earnings forecast on slack jock sales

Clothing, footwear and linen manufacturer Pacific Brands has downgraded its earnings forecast.






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Byron supermarket seeks liquor licence

A local councillor says the State Government should consider a moratorium on new liquor licences in Byron Bay






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Staples Opens West Coast Lab to Increase e-Com Offerings

The development center in downtown Seattle is made up of e-commerce and engineering teams charged with enhancing online search, SEO and personalization.



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Sam's Club is First to Offer Chip and PIN Cards

The retailer will go live with its new co-branded MasterCard on June 23 and will be the first major US retailer to offer Chip and PIN technology in its cards.



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Converting Shoppers into Members

Using technology to engage with shoppers allows retailers to convert them into members who identify with, and are loyal to, the brand. At the Retail Executive Summit, Sears divisional VP Ted Rudman will discuss how the retailer is using a large Hadoop deployment, private cloud, big data and more to empower business units and improve value.



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Saturday, June 7, 2014

Town Shoes Aligns IT Infrastructure with Growth Initiatives

To better support Town Shoes' expanding operations and customer base, the retailer rolled out applications from Jesta's Vision Suite to align its merchandising applications with POS systems, in-store customer experience and in-store infrastructure.



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Friday, June 6, 2014

ACCC outlines case against Coles for alleged supplier mistreatment

Lawyers for the competition watchdog have outlined their case against Coles to the Federal Court, alleging the supermarket giant misled suppliers in a 'formulaic way'.






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Thursday, June 5, 2014

Share market drops slightly on thin trade

Australian stocks have closed slightly lower in a day of thin trade, as investors brace for the outcome of a key European Central Bank policy meeting tonight.






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Wednesday, June 4, 2014

Westfield still scrambling to shore up restructure deal

If Frank Lowy really wanted to quell the shareholder revolt at Westfield Retail Trust, there is a devilishly simple solution – make the merger offer fairer.






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Traditional POS Meets Its Final Days

RIS takes a closer look at how retailers quantify how much can be gained or lost by becoming fully omnichannel, as well as how much IT budget is devoted to omnichannel projects and how long the journey will take.



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Costco Employees Rave about Compensation and Benefits

A happy workforce is a productive workforce — a lesson Costco has taken to heart. The big boxer was named the number two company across industries for compensation and benefits based on employee feedback.



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Tuesday, June 3, 2014

Business groups step up their campaign to cut weekend penalty rates

Australia's biggest companies are stepping up their campaign against weekend penalty rates.



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Business groups step up campaign to cut Sunday penalties

Australia's biggest companies are stepping up their campaign against weekend penalty rates.






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Retail sales rise modestly, department stores, food lead

Retail sales rose modestly in April, with department stores, food retailers and restaurants the biggest contributors.






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Chico's Puts the Pedal to the Metal on Omnichannel

For several years Chico's has leveraged its technologies across channels. To further enable both shoppers and associates the retailer is deploying a cloud-based digital retail theater and in-store iPads, as well as aggressively expanding its store base.



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GNC Expands Brand Experience with Digital Receipts

The nutritional supplement retailer is leveraging the power of the digital receipt to add another touchpoint and further the interaction with the customer.



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Macy's Ups CapEx to $1B, Meets Mobile Madness

Macy's is focused on creating a more personal connection with customers, increasing its yearly CapEx to $1 billion for larger digital and store technology investments, including the deployment of in-store tablets.



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The 5 Most Powerful Women in Retail

Women increasingly hold the top positions across retail and are influencing the industry and society like never before. In Forbes' annual look at the most powerful women in the world five retailers were named among the politicians, philanthropists and media personalities. See where the CEOs of Sam's Club, TJX and others rank.



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IT Departments No Longer Drive Retail

Technology is evolving into a model that is less in need of IT's labor-intensive involvement. As a result, together IT and technology enable retailers to become high-performing organizations more quickly.



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Monday, June 2, 2014

Analyzing the Top and Bottom 5 Department Stores

Success in the segment requires an extremely competent senior executive team that knows how to invest capital to generate returns.



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Taskforce to review Brisbane CBD parking problems

Brisbane City Council is assembling a taskforce to review CBD parking following a 25 per cent increase in complaints in the last year.






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More controversy brews around proposed Westfield merger

Another day and another round of controversy for Westfield Group and its contentious merger with Westfield Retail Trust.






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Solomon Lew throws uncertainty into David Jones takeover

He certainly has the cash. And there is no doubt he has harboured the ambition. But doubts remain as to whether rag trader Solomon Lew will launch a takeover bid for troubled retail group David Jones.






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