Friday, February 27, 2015

Reporting season wraps up with TWE and Harvey Norman

Reporting season wraps up, with a-not so-vintage result for Treasury Wine Estates.






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Woolworths first-half profit falls to $1.3 billion

Australia's largest grocery retailer, Woolworths, unveils a 3.1 per cent fall in net profit to $1.28 billion.






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Wednesday, February 25, 2015

Supermarkets urged to sign on to new grocery code of conduct

After extensive consultation, the Federal Government has announced a tougher code of conduct for grocery retailers and wholesalers.






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Famous Footwear Leverages Demand Insight to Optimize Inventory

The footwear retailer is reducing markdowns and increasing profitability thanks to smarter inventory planning fueled by insight into shopper demand.



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Walmart Boosts Minimum Wage, Improves Customer Experience

Last week, Walmart stated it will begin paying all U.S. hourly workers at least $9 an hour by April, and $10 an hour by next February. The plan will result in raises for about 500,000 workers in the first half of the fiscal year and cost about $1 billion.



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Failure to Launch: Amazon's Drones Grounded

The FAA's proposed rules for drone operation may scuttle the online giant's plans to begin delivering customer orders via unmanned drones.



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Celebrating 25 Years of Collaboration

When something has great value it stands the test of time. At RetailTechCon 2015, Jeff Roster, VP, Gartner will take to the stage to unveil the 25th annual RIS/Gartner Retail Technology Study. The silver anniversary of the study will focus on the spend trends for IT projects now and in the future.



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Tech Dominates Top 25 Highest Paying Jobs in Demand

In search of a nice-paying job with high demand? The tech industry is likely your best bet. In fact, 14 of the top 25 highest paying jobs in demand are tech-related, according to a report from Glassdoor. Find out what titles made the list -- and which didn't.



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Tuesday, February 24, 2015

Profit wrap: QBE, Oil Search profits soar as Atlas Iron posts massive loss

A massive turnaround in fortune for QBE and a big profit for Oil Search contrast with Atlas Iron's $1 billion loss.






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Enter the Machine: The Arrival of Next-Gen Analytics

Self-aware machines are stepping out from the pages of science fiction and into the retail enterprise. See how forward-thinking retailers are taking their data analysis stills to the next level by leveraging machine learning.



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Office Depot Enhances Customer Experience with Integrated Campaigns

In order to help enhance the customer shopping experience for officedepot.com, Office Depot will use CoreMedia LiveContext software to streamline the collaboration between its online authors to ensure faster time-to-market for executing integrated campaigns.



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Monday, February 23, 2015

Mount Gambier show society votes against selling land to Aldi

Supermarket giant Aldi says it will begin looking for an alternative Mount Gambier site, in south-east South Australia, after the local show society rejected an offer to sell off part of the showgrounds to the retailer.






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Friday, February 20, 2015

5 Steps to Preventing a Data Breach

With the increasing reliance on e-payments comes the growing threat of a data breach. Here are five steps retailers must take to keep customer's financial information safe from harm's way.



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Thursday, February 19, 2015

Hardware store Sunday trading rule change flagged

Confusing rules on hardware stores' Sunday trading hours will be addressed by the WA Government this year, says Premier Colin Barnett.






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Aranda shops springing back to life

After lying derelict for more than a decade, the small shopping centre in the Belconnen suburb of Aranda is about to spring back to life with a new cafe and roastery, bar, pizzeria, yoga studio and "chill-out" library space.






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The rear of the Aranda shopping centre as seen from the street.





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The coffee roasting facility in the redeveloped Aranda shops.





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Hospitality entrepreneur Chris Dennis outside the Aranda shops he's developing, February 2015.





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The "library" that's part of the redevelopment of the Aranda shops.





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Mount Gambier Show Society to vote on selling land to Aldi

Mount Gambier Show Society members will meet tonight to vote on whether to sell a portion of the showgrounds, in south-east South Australia, to supermarket giant Aldi.






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Wesfarmers profit slides due to sold businesses; underlying earnings surge

Conglomerate Wesfarmers posts strong underlying growth on the back of its Bunnings hardware chain.






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Wednesday, February 18, 2015

Uniqlo Expands Growth Strategy, Enters Canada

Global clothing retailer Uniqlo will open two stores in Toronto, Canada in the fall of 2016, marking the brand's first entry into the country and its 18th market overall.



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5 Technologies to Watch in 2015

New technologies are constantly emerging and forward-thinking retailers would love to utilize them all, but the reality is investments must be chosen carefully. The Critical 5 special report highlights five vital technologies being deployed on the front lines today and poised to make a major impact tomorrow.



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Best Buy Debuts Wedding Registry

After a quiet launch last month, Best Buy has debuted its wedding registry, catering to couples interested in electronics. The site will also allow for group gifting for bigger ticket items, as well as free shipping on all purchases.



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Tuesday, February 17, 2015

Coles axing 205 jobs from store support centre

Supermarket chain Coles is making 205 people redundant from its store support centre in Victoria.






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Family Dollar Sharpens its Business Focus with On-Demand IT Solutions

The discount retailer is improving its operational performance and cost competitiveness with cloud-based solutions that improve time-to-market by quickly deploying technology solutions without large capital outlays.



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summer centre 2





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summer centre photo





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Saturday, February 14, 2015

Catering to the 21st Century Customer

Ensuring that shopping experiences remain consistent and engaged isn't easy, but it is vital if retailers hope to please the 21st century consumer. Here are three considerations for retailers to deliver a top-notch customer experience in today's connected world.



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Friday, February 13, 2015

Data Breach Prevention and Recovery

There has been plenty of talk lately about securing retailer networks against cyber criminals — but let's be honest if the hackers want in, they are getting in. At RetailTechCon 2015, Chris Gullett, director, information security, Allegiant Travel Company will how retailers can protect themselves and, if breached, what they can do to quickly recover.



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Greg Buzek: Mythbusting the EMV Moment

With the EMV liability shift deadline less than eight months away retailers are gearing up but plenty of questions remain. At RetailTechCon 2015 Greg Buzek, president, IHL Group will explore the tricky landscape retailers are navigating as they manage mobile, online and store payments in the data breach age.



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Thursday, February 12, 2015

Loading reinstated for some Broken Hill workers

The Fair Work Commission has ruled that a loading only applicable in Broken Hill will continue to be paid to some employees.






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Wednesday, February 11, 2015

Maitland's heritage mall revamp just weeks away from finished

A multi-million dollar revamp of Maitland's heritage mall is just weeks away from completion.






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Consumer confidence surges on rate cut, petrol, shares: Westpac

Consumer confidence is at its highest level in a year, with optimists just outnumbering pessimists.






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4 Steps to Retail Content Marketing Success

It's no secret that retailers are making multi-million dollar investments in content, using countless resources and big bucks to move the needle. Here we've identified four key ways to navigate the content marketing space and create content that effectively ties back to revenue.



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RadioShack Files for Chapter 11: Liquidation Begins

The once proud electronic retailer is liquidating 2,100 of its 4,000 stores and selling the remainder to Standard General who will open Sprint Mobile store-within-a-store locations.



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Tuesday, February 10, 2015

Gippsland Butcher, David Shaw, says high beef prices will be passed on to customers





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Beef prices set to increase by $1 a kilogram

Butchers say customers will have to pay more for their favourite cuts as cattle prices hit record levels.






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Who is the CIO of the Year? Help RIS Decide

Nominate a CIO difference maker for the fifth annual RIS News CIO of the Year Awards.



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Sephora Builds Brand with Pro Team

Sephora has launched its Pro Team, a group of makeup artists to represent the retailer across North and South America. The Pros will provide expertise know-how to product development, sharing tips on social channels, speaking on behalf of the retailer, and attending client events.



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CVS Personalizes Customer Experience with Mobile App

CVS revamped its mobile app to provide customers with a more intuitive platform for easy access to health management and shopping tools via iPhone or Android.



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Greg Buzek: Mythbuting the EMV Moment

With the EMV liability shift deadline less than eight months away retailers are gearing up but plenty of questions remain. At RetailTechCon 2015 Greg Buzek, president, IHL Group will explore the tricky landscape retailers are navigating as they manage mobile, online and store payments in the data breach age.



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RadioShack Files of Chapter 11: Liquidation Begins

The once proud electronic retailer is liquidating 2,100 of its 4,000 stores and selling the remainder to Standard General who will open Sprint Mobile store-within-a-store locations.



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The Office is Closed: Staples Acquires Office Depot for $6.3B

Staples and Office Depot have entered a definitive agreement where Staples will acquire Office Depot for $6.3 billion. Discussions of an acquisition began in September 2014 and were unanimously approved by each company's Board.



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Saturday, February 7, 2015

Weekend, public holiday penalty rates under fire

Business groups renew their push for a reduction in weekend penalty rates ahead of their submission to the Fair Work Commission.






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Friday, February 6, 2015

Newcastle station set to become fresh food market

The New South Wales Government says it plans on transforming Newcastle Station into a "landmark" regional fresh food hall.






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Thursday, February 5, 2015

Strong banking sector results help lift share market

The Australian share market closes higher for an eleventh straight session on the back of strong banking results, as the last of the big four banks confirms it will pass on lower lending rates.






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Christmas retail sales disappoint with meek growth

December's retail sales have disappointed, with 0.2 per cent growth below most analyst forecasts.






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Cole Haan Launches Global Innovation Center

Cole Haan will open its Innovation & Sports Lifestyle Design Center at its global headquarters in Greenland, New Hampshire, enabling the brand to aggressively expand its offering of ZeroGrand products for men and women.



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Wednesday, February 4, 2015

Expanding the Wireless Playing Field in In-Store Location Systems

With bigger screens, easy accessibility while walking, and pinpoint location tracking, cart-mounted devices have the potential to offer the kinds of retail services that stores dream of offering their customers.



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RadioShack's Death Rattle, Final Arrangements Being Made

The century-old electronics retailer is reportedly preparing to shutter its 4,000 remaining stores. The rumor mill is running rampant as reports surface that both Sprint and Amazon are interested in acquiring the chain's assets.



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Adore Me Grows 300%, Ramps Up for Valentine's Day

Online lingerie retailer Adore Me has leveraged Dotcom Distribution to help it achieve 300% growth in revenue - a growth that will continue in 2015. To prepare for the stampede of Valentine's Day orders, the retailer has developed a scalable delivery strategy to ensure on-time delivery.



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Tuesday, February 3, 2015

In-the-Moment Promos From Things Remembered

The one-of-a-kind gift retailer uses e-mail, social media, and mall portals to stay front-of-mind when a customer is ready to make a purchase. At RetailTechCon 2015, director of direct marketing Ken Weiss will share how the retailer's Valentine's Day location-based promotional campaign helped drive foot traffic and conversions.



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Monday, February 2, 2015

Australian stock market closes at five-month high

The Australian stock market rose for an eighth consecutive session, hitting a five-month high with the possibility of an interest rate cut boosting investor sentiment.






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JB Hi-Fi profit falls, earnings outlook subdued

JB Hi-Fi has reported a small fall in first-half profit, posting $88.5 million of net earnings in the six months to December 31.






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Sunday, February 1, 2015

Retail prices expected to rise as Australian dollar falls

Consumers are facing higher prices for fashion and electronics as the falling Australian dollar pushes up the costs of imports and forces a shift in strategy for the embattled Australian retail industry.






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