Saturday, August 30, 2014

Nordstrom Debuts Shoppable Instagram Feed

To take customers from Instagram to online product pages, Nordstrom launch Like2Buy, a product that makes a brand's Instagram feed immediately shoppable.



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Friday, August 29, 2014

Harvey Norman profit shares jump on housing boom

Electronics and furniture retailer Harvey Norman has reported a near-50 per cent rise in full-year profit, as a home building boom drives demand for furnishings and appliances.






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The YMCA's op shop at Kingston is closing down to make way for redevelopment

Volunteers share cakes and memories to to mark the final closure of the YMCA's iconic op shop at Kingston






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YMCA marketing manager Rob Billingham and volunteer Joyce Ovington at the YMCA op shop in Kingston.





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Clothes and bric-a-brac in the YMCA op shop at Kingston.





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Hanna Heyko-Porebska and Joyce Ovington at the YMCA Op Shop in Kingston.





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Woolworths profit rises to almost $2.5b, dividend growth slows

The nation's biggest retail group continues to reap a fortune from its domination of food and liquor markets.






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Back to School: 5 Ways for Retailers to Maximize Revenue

With the surge in back-to-school traffic already underway for online retailers, many are seeking ways to improve their sites to maximize revenue. Find out how managed analytics can help retailers determine what products to carry and what price to sell them at.



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Thursday, August 28, 2014

Alice Springs Plaza up for sale

The largest shopping centre in Alice Springs has been put on the market.






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Vince Camuto Taps Island Pacific to Support Growth

The fashion and footwear retailer has selected the SmartRetail end-to-end merchandising application to buttress its growth at its stores and corporate headquarters.



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Wednesday, August 27, 2014

Family Dollar: The Dollar Store Bidding Battle Prevails

In July Dollar Tree made a bid to acquire Family Dollar for $8.5 billion, but shortly after, Dollar General offered $8.9 billion. But things took a turn when Family Dollar rejected Dollar General's offer - however, the retailers aren't giving up as both attempt to settle on terms and create an empire.



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Tuesday, August 26, 2014

Amazon's Mobile POS Undercuts the Competition

The online giant has entered the mobile POS fray and — surprise — has priced its service below the competition.



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Pacific Brands quits Hard Yakka after another heavy loss

Pacific Brands will offload its workwear division, including King Gee, Stubbies and Hard Yakka, following another year of heavy losses.






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Rooms To Go Delivers Post-Sale Engagement with Digital Receipts

To extend customer engagement and satisfaction, Rooms To Go partnered with flexReceipts, a digital receipt solution, across its 200 locations. The solution includes custom offers, embedded video and more in the initial receipts.



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Ralph Lauren Serves Up Wearable Tech

Ralph Lauren is expanding its portfolio with its new Polo Tech shirt on opening day of the U.S. Open. The product combines biometrics and lifestyle apparel to physiological data to user's smartphones, including heartbeat, respiration, stress levels and more.



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Monday, August 25, 2014

Apparel's Top 10 Retailers

As apparel retailers attempts to pull themselves out of their recent slump many of the segment's traditional leaders are giving way to the new kids on the block. RIS News' latest top 10 list uncovers some alarming trends as well as some cause for optimism. See where Gap, Michael Kors, Express and others ranked.



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The Talent to Ensure Analytics Success

The power of analytics is undeniable, but without the personal in place to effectively manage and act on the insights there is little benefit to retailers. At the Retail & Consumer Goods Analytics Summit, Glenn Wegryn, retired associate director, analytics, Procter & Gamble, will address the challenges of attracting and retaining top analytic talent.



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Friday, August 22, 2014

Embrace the Transformation

The retailer revolution set its focus on the customer experience at the 2014 Retail Executive Summit



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Fourth Annual CIO of the Year Awards

Recognizing CIOs that have broken new ground in the industry and their organization



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Market closes the week higher despite mining losses

Another poor session for mining stocks was not enough to stop the Australian share market ending the week with a modest gain.






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Top Innovations that Changed the World of Retail

Retail today is an exciting hotbed of innovation with emerging technologies. Uncover the top innovations that have truly changed the world of retail to be shaped into what it is today.



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Thursday, August 21, 2014

Petrol retailers confident they will defeat ACCC lawsuit

Petrol retailers and the information service at the centre of an Australian Competition and Consumer Commission lawsuit say they are confident the arrangements are legal.






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Breville grilled after profit fall, but Super Retail bounces back

The latest profit reports from market darlings Super Retail and Breville highlight the challenges in retail.






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Wednesday, August 20, 2014

ACCC takes action over alleged petrol price sharing

The competition watchdog has launched legal action against Australia's major petrol retailers for price sharing.






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Wesfarmers to return cash to shareholders after 19pc profit rise

Wesfarmers has joined the ranks of major corporations showering investors with cash.






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Macy's Taps $1B CapEx to Fulfill Customer Demand

For years Macy's has been a pacesetter in the retail industry, and truth be told, there are no signs of the retail chain slowing down. The retailer will tap into its $1 billion CapEx budget to invest in core strategies, inventory, new DCs, technology, and more.



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Hackers Don't Cease: SuperValu Examines Data Breach

There's no sign of hackers slowing down this year. Supermarket chain Supervalu is investigating a potential data breach that may have affected a number of its food stores, including some of its stand-alone liquor stores.



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Top 10 Home Furnishing Retailers

With just 10% online penetration, retailers in the $220 billion home furnishing space are in a race to establish themselves as the digital leader. Wells Fargo Securities and Fluid teamed up to examine the online user experience and service offerings of the top players in the segment. See where Amazon, Bed Bath & Beyond, Williams-Sonoma, and others ranked.



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Tuesday, August 19, 2014

Mining stocks fuel share market gains

A strong session for mining stocks has helped drive the Australian share market to close higher.






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Fresh produce sales rely on feel factor

Consumer research has found being able to touch, see and smell fresh produce is important for shoppers as they make decisions in the fruit and vegetable aisles.






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Researcher Heath Adams on consumer trends in fresh produce.

Heath Adams, of Sprout Research, says consumers still want to touch, see and smell before buying fresh produce. Read more.



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Survey finds support for relaxed Sunday trading restrictions

The Mount Isa Chamber of Commerce says a survey of its members has found 57 per cent support relaxing restrictions on Sunday trade.






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Hackers Don't Cease: SuperValu Examines Data Breach

There's no sign of hackers slowing down this year. Supermarket chain Supervalu is investigating a potential data breach that may have affected a number of its food stores, including some of its stand-alone liquor stores.



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3 Keys to Capturing the Elusive Lifetime Customer

Customer Lifetime Value has long been a key metric for data-driven companies and an important step in thinking strategically about long-term goals over short term profits. However, getting the right data together, while also extending the lifetime part of that equation, is far from easy.



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Reshaping the Omnichannel Marketing Mix

In the omnichannel world the majority of transactions are influenced by digital content but the science of sales attribution is not perfected. At Engage! 2014 Vicki Cantrell, SVP, communities and executive director, Shop.org, NRF will share recent finding for NRF's State of Retailing Online study and examines how retailers can use digital methods to drive traffic to stores and measure results.



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Monday, August 18, 2014

ASIC takes Aldi to task over inadequate card surcharge warnings

The corporate regulator has taken supermarket chain Aldi to task, accusing it of not adequately advising customers of its credit card surcharges.






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Aldi growing market share, taking on Coles, Woolworths

A study of the growth of discount retailer Aldi predicts it could almost double its Australian sales in the next five years.






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Ben Gilbert of UBS and Alexandra Merrett of Melbourne University on competition in the supermarket sector.

UBS retail analyst Ben Gilbert predicts Aldi will increase its market share in coming years. Competition law expert Alexandra Merrett says independent supermarkets are most likely to lose market share to Aldi. Read more.



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Friday, August 15, 2014

Manhattan Associates Enters the Store

With the acquisition of GlobalBay Technologies from VeriFone, Manhattan Associates has positioned itself as a one-stop shop for omnichannel retailing.



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Thursday, August 14, 2014

Mitchell Taylor of Taylors Wines and Peter Simic of Winestate magazine respond to a deal between Woolworths and winemakers.

Managing director of Taylors Wines, Mitchell Taylor has welcomed an agreement on fair dealing signed by the Winemakers Federation of Australia and Woolworths Liquor Group, while Peter Simic of Winestate magazine says it should have been done a long time ago and there are still concerns about supermarket private label wines. Read more.



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Paul Evans of the Winemakers Federation of Australia details an agreement with the Woolworths Liquor Group.

Paul Evans, chief executive of the Winemakers Federation of Australia, says an agreement on fair and honest dealing signed with the Woolworths Liquor Group will go some way to improving relationships between retailers and wine producers. Read more.



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Woolworths signs fair dealing agreement with winemakers

A wine industry body says an agreement signed with the Woolworths Liquor Group will go some way to improving relationships between supermarkets and winemakers.






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Wednesday, August 13, 2014

Economists have big concerns about competition law 'effects test' proposal

Former head of the competition watchdog and Monash University Business and Economics Faculty Professor, Graeme Samuel, and Frontier Economics chairman, Philip Williams tell Lucy Barbour why they don't agree with calls for the introduction of an 'effects test' provision in competition law. The National Farmers' Federation has called for a 'hybrid' effects test in its submission to the Government's Competition Policy Review. The NFF's general policy manager, Tony Maher, says it would be a step towards creating a more transparent and balanced supply chain and fairer marketplace. Read more.



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Controversy over push for 'effects test' in competition law

Economists have expressed serious concern about calls from farm advocacy groups for a legal provision that could prohibit big businesses from engaging in behaviour that would substantially lessen competition in marketplaces.






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Consumer confidence recovering after post-budget shock

Consumer confidence is recovering from the hit it took in the wake of unpopular measures in this year's federal budget.






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Nordstrom Acquires Trunk Club Personalized Shopping

Nordstrom will better cater to the men's clothing market with its acquisition of Trunk Club, combining the convenience of online with a personalized shopping experience. This will align with Nordstrom's priorities around customer service, fashion, relevance and seamless shopping.



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Lululemon and Founder Wilson Call It Truce

Following the see-through pants debacle of 2013, founder Chip Wilson resigned as CEO, but remained on the board. Now, he has agreed to sell half of his ownership in lululemon to Advent International for $845 million – forgoing the pursuit of a buyout for at least year and ending his feud with the board.



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Trek Streamlines the Retailer/Supplier Relationship

CRM solution helps unify the bicycle manufacturer's salesforce and enterprise information, while simultaneously improving the customer experience.



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Tuesday, August 12, 2014

Paul Zahra out of fashion at DJs

He said he would quit last year, and then he didn't. Shareholders supported him in a battle that saw his chairman and two directors leave the board. Now David Jones boss Paul Zahra really has gone as the struggling department store's new owners waste little time in putting their mark on their $2.3 billion dollar purchase.



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Woolworths's hardware losses blow out to $169m

Supermarket giant Woolworths continues to play second fiddle to arch rival Wesfarmers in the hardware business, notching up another round of heavy losses.






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Paul Zahra leaves David Jones after acquisition

The high-profile chief executive of David Jones Paul Zahra has suddenly quit the company following its recent acquisition by South African firm Woolworths.






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Target of Tomorrow: New CEO Energizes Omnichannel Evolution

Brian Cornell, former executive with PepsiCo Americas, Sam's Club, Michaels Stores and Walmart, has been named Target's next chairman and CEO. His priority will be to accelerate performance and advance omnichannel evolution.



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Top 9 Department Stores: See Where They Ranked

The department store segment continues to reinvent itself through acquisitions and an increased focus on off-price merchandise. Apparel Magazine's annual ranking of the top department stores saw a new retailer in the top spot. See where Macy's, Kohl's, Sears and others ranked.



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Data Breach Collateral Damage

There are a number of tangential effects of a data breach for both organizations and end users, with effects that ripple far beyond financial impact. Discover how the industry should look to address them.



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The Benefits of Data Collaboration

The sharing of data between retailers and suppliers is growing in popularity. At the Retail & Consumer Goods Analytics Summit, Tony Bender, VP and CIO, Energizer Holdings Inc., will host a panel of industry thought leaders as they discuss the business benefits of collaborative data sharing efforts.



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Saturday, August 9, 2014

Healthy support for fresh fruit vending machines

The Queensland farming family behind Australia's first fresh fruit vending machine believes its latest breakthrough will lead to a significant increase in the consumption of fresh fruit in the country.






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Friday, August 8, 2014

Businesswoman Jan Cameron in $14m insolvency deal

Tasmanian businesswoman Jan Cameron has paid almost $14 million to settle a potential insolvent trading claim.


Ms Cameron's company, Retail Adventures, operated hundreds of Chickenfeed, Go-Lo, Crazy Clark's and Sam's Warehouse stores before it collapsed in 2012.


A Deloitte partner had a potential claim against the directors for trading while the company was insolvent.


Creditors were informed by the liquidator that a settlement of $13.8 million had been received from Ms Cameron.






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Australians anxious about cost of living: survey

A new consumer survey shows Australians have grave concerns about a range of cost-of-living pressures.






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Thursday, August 7, 2014

Farmers still unhappy with voluntary supermarket code

Farmers say they'll keep pushing for a mandatory code of conduct for dealings with supermarkets, as the Federal Government seeks comment on a proposed voluntary code.






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Wednesday, August 6, 2014

John and Sarah Collingwood





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Murrumbateman winemaker Sarah Collingwood explains her website listing supermarket wine labels.

Ms Collingwood researched the Federal Government's intellectual property Australia website to develop a list of wine label trademarks owned by Coles and Woolworths. Read more.



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Winemaker publishes website to expose Coles and Woolworths private wine labels

The colourful and often creative wine labels on bottleshop shelves can easily hide their producer's identity, says Murrumbateman winemaker Sarah Collingwood.






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Going back in time at Canberra's local shops

With the local shops in Canberra, it seems the more things change, the more they stay the same.






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Walmart Personalizes E-Com for Sales Boost

To better compete with Amazon, Walmart is rebuilding its website to further personalize the online shopping experience for its customers, as well as upgrade the site to better accommodate mobile devices.



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Tuesday, August 5, 2014

Receiver confident discount store workers to get entitlements

The receiver of the DSG retail group, which has announced further closures in regional areas, says it is now confident staff will be paid their entitlements.






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Tasmanian consumers buck winter blues, figures show

Tasmanian retailers have been buoyed by figures showing the state has led the nation in retail turnover in June.


Bureau of Statistics data reveals Tasmania had a 1.3 per cent rise for the traditionally quieter month.






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Penalty rates valuable to regional economies

The Shop, Distributive and Allied Employees Association says the Riverina would suffer disproportionately by any changes to penalty rates.






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Glen Innes looking for new opportunities following Target Country closure

The Mayor of Glen Innes Severn Council is hopeful a similar retail store will fill the void left when the town's Target Country store closes later this year.






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5 Ways Mobile Will Add Value to Your Brand in the Age of Mobile

Smartphones gave rise to new trends in personalization, connectivity, geo-location and more, all while creating utility-based retail marketing opportunities. Discover five ways to add value to your brand in the age of mobile.



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GameStop Commences Large Scale Beacon Deployment

The video game retailer is in the first stages of one of the largest beacon deployments to date and the first major initiative of the GameStop Technology Institute.



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Monday, August 4, 2014

Woolworths aims to double new product introductions

Supermarket, Woolworths is aiming to double the rate it introduces new products to its stores from 5 to about 10 per cent a year






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Bunbury Mayor open to extended CBD trading hours

The Mayor of Bunbury says any push to extend trading hours in the city needs to come from businesses.






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Retail sales rise by double expectations

Retail sales for June rose by double what was expected, in a sign that consumers have recovered somewhat from a budget-related slump in confidence.






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42 lose jobs at Orange and Dubbo store closures

The receivers of the DSG retail group have confirmed Sam's Warehouse stores in Orange and Dubbo are closing.






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Millennial Shopping Experience

Retailers are reinventing themselves to engage with and understand the Millennial shopper. At the Engage 2014! event, Sahir Anand, VP research and principal analyst at EKN Research will explore how retailers can best align their businesses with Millennial preferences.



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Buehler Food Markets' Personalized Real-Time Promotions

The Ohio-based grocery chain utilizes shopper insights to develop personalized promotional offers.



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