Tuesday, March 31, 2015

Mildura traders' group holds talks over future funding

The group representing traders in Mildura's CBD, in north-west Victoria, has held initial talks with the local council about its future funding.






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Harper Review to be released today; Federal Government commits to act on report

The Government is promising to act on recommendations from a wide-ranging review of Australia's competition law which will be released later today.






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Nike's E-Comm Business Jumps 42 % in Q3

The athletic apparel and footwear retailer's digital investment continues to be a primary focus and is paying deep dividends.



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Data is the New Oil, Analytics the New Refinery

Data is just a raw material unless it is converted into something useful. At RCAS 2015 former Amazon chief scientist Andreas Weigend will share how advanced analytics can dig into company data to derive a proxy equation of corporate health and create data-based experiments to determine the critical impact of proposed business decisions.



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How Small Retailers Can Implement Omnichannel

Providing shoppers with the omnichannel experience doesn't have to be exclusive to retailers with deep pockets — small scale retailers can do it too. Find out how.



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Friday, March 27, 2015

Mildura traders' group 'gutted' over special rate snub

A group representing traders in Mildura's CBD, in north-west Victoria, says it is unsure of its future, after the council's decision to reject a special rate for businesses.






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Thursday, March 26, 2015

Myer sued by shareholder over surprise profit slump

Myer confirms that it has been issued with a writ from a shareholder alleging loss over the firm's surprisingly bad profit result.






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Employer group slams landmark penalty rates deal

The peak body for independent supermarkets and liquor stores slams a deal aimed at cutting penalty rates in South Australia, saying it will actually increase costs for businesses.






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Wednesday, March 25, 2015

Tourism boss urges Qld retail sector to adopt more flexible work arrangements

A Queensland tourism executive says his industry would be keen to embrace the type of agreement adopted by the South Australian retail sector.






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Mildura traders rally in support of special business rate

Traders in Mildura, in north-west Victoria, have protested against calls to reject a special rate for businesses in the city.






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Tuesday, March 24, 2015

Some weekend penalty rates scrapped under SA deal

Some weekend penalty rates will be abolished by South Australia's retail sector under a landmark enterprise agreement that a union described as a win for employers and workers.






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The Top 10 Specialty Retailers for 2015

The specialty retailer segment has become the story of the haves and the have nots — those folding under the pressure of increased competition and those thriving in the increasingly digital climate. RIS News' annual ranking of the top performers in the segment features lululemon, Tiffany & Co., Luxottica and more. See who made this year's list.



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Supporting the Five Omnichannel R’s with RFID

Relevance, replenishment, responsiveness, responsibility and returns are pillars of the ominichannel experience. Discover how RFID can help retailers supercharge their efforts.



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Monday, March 23, 2015

Share market fails to break 6,000-point barrier

The share market closes slightly lower after a lacklustre session, failing to break through the key 6,000-point barrier.






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Australia Post IT updates bring down electronic payments

Australia Post's electronic payments system is down following weekend IT upgrades that triggered widespread problems.






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Premier Investments bucks retail trend with 9pc profit growth

Retailer Premier Investments delivers a 9 per cent increase in half-year profit, bucking retail weakness.






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Saturday, March 21, 2015

Macy's Demand-Chain Analytics

The need to deliver strong business outcomes from advanced analytic capabilities throughout the demand chain is greater than ever. At RCAS 2015, Daqing Zhao, director of advanced analytics, Macys.com will share how the retailer leverages demand-chain analytic initiatives to power initiatives that reach all the way from suppliers to consumers.



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Luxury Jewelers Resource Group Joins Forces on Customized POS Solution

Consortium of privatly-ownded jewelers work together to implement EMV compliant POS upgrade.



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Coach Fuels Omnichannel with Flagship E-Com Site

Coach, Inc. re-platformed its flagship site, Coach.com, on the Demandware Commerce Cloud to gain greater business agility and to fuel growth across channels and geographies.



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Friday, March 20, 2015

Specialized Operations

Luxury Jewelers Resource Group joins forces for a customized POS solution



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Google's Times Square Takeover

Google's new ad campaign allows passers-by to control the LED screen in Times Square, NY via smartphone or tablet.



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Delivering the Luxury Experience

Design Within Reach leverages a cloud-based management system to deliver superior customer service



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Bergdorf Goodman Gets Charged Up

Luxury retailer Bergdorf Goodman debuts cell phone charging stations in its Manhattan, NY store.



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CVS' Digital Innovation

CVS Health creates a Digital Innovation Lab in Boston, MA.



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Thursday, March 19, 2015

Top 5 Ways ESLs Can Address Brick-and-Mortar Disconnect

Electronic shelf labels (ESLs) have the power to eliminate the inconsistencies that consumers typically associate with brick-and-mortar stores. Here we identify and discuss the top 5.



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Kalgoorlie-Boulder Mayor happy with response to extended trading hours survey

The Mayor of Kalgoorlie-Boulder says a decision about the future of extended trading hours will be made next month.






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Oroton profit more than halves, dividend slashed; share slump

Oroton shares slide as the fashion and accessories retailer's profit more than halves and its dividend is slashed.






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Myer's new CEO Richard Umbers faces baptism of fire

New Myer CEO Richard Umbers faces a baptism of fire, and an uphill battle to turn the department store around.






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Melbourne Cup Carnival brings $195 million to Victoria's tourism revenue in 2014

Victoria's Melbourne Cup Carnival adds $195 million to the state's economy in tourism revenue in 2014, an increase of almost 10 per cent on the 2013 figures.






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Myer profit slumps 23pc as costs surge

Department store Myer posts a 23.1 per cent per cent slump in profit to $62.2 million as costs climb.






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Wednesday, March 18, 2015

Adelaide's Central Market eyes time-poor city workers

Adelaide's Central Market makes plans to grab the attention of time-poor city workers, possibly with online ordering and an outlet in busy Rundle Mall.






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Farmers' group launches supermarket barcode initiative to share farm production information with shoppers

President of AgConnectWA, Kallam Blake, says QR codes on supermarket shelves are a useful way to highlight the role of agriculture in people's everyday lives.



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Smart phone app to link consumers with farmers

A Western Australian young farmers' group has launched a smartphone app aimed at connecting shoppers with farmers, as they buy produce.






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AgConnectWA launches QR code initiative





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Hamilton businesses riled up over foul state of council toilets

Business owners in Hamilton are calling on Newcastle Council to step up the cleaning regime of Beaumont Street's public toilets, saying they are so filthy they cannot be used.






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Everything But Water Optimizes Product Assortment with Mi9

Everything But Water has selected Mi9 Retail to ensure that the right product assortment is in the right stores at the right time.



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Data Without Action Is Just Trivia

Big data insights matter for naught if retailers are unable or unwilling to take action. At RCAS 2015, Steve Schnur, director, merchandise planning and analytics, MGM Resorts International will share how the company leverages business intelligence in daily operations for greater control over the volume and velocity of data and the distillation of valuable insights into an actionable plan.



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Tuesday, March 17, 2015

Top and Bottom Retailers for Customer Experience

Satisfied customers are the lifeblood of a retail organization — it is impossible to enjoy long-term success without providing a compelling and fulfilling shopping experience. Temkin Group interviewed over 10,000 consumers for its 5th annual customer experience survey and uncovered that while many retailers are routinely satisfying customers others are missing the mark. See where PetSmart, Amazon, Best Buy, and others ranked.



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Thursday, March 12, 2015

The Ghost Economy: How Retailers Can Dispel Omnichannel Hauntings by Heeding Consumers' Complaints on Twitter

While retailers try to come to terms with the disconnect between inventory and data -- which results in missed customer expectations and unfulfilled omnichannel promises -- consumers are running short on patience, taking their dissatisfaction to social media.



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Dust Off Your Lab Coat, Marketing is Going Scientific

Today's changing technology makes a marketers' jobs quite difficult. There's only one solution: marketers must redefine exactly what the job demands.



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Under Armour Opens Digital HQ

Downtown Austin, Texas has a new digital development with the opening of Under Armour's first-ever Connected Fitness digital headquarters.



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Wednesday, March 11, 2015

Long-time Maryborough business closes doors

The federal Member for Hinkler Keith Pitt says it is disappointing to see a reputable Wide Bay business close.


Bolton's Furniture, one of Maryborough's oldest stores, closed this week.






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Wollongong Central





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Consumer confidence slips back into negative

Consumer confidence falls back into negative territory after a brief rise into the black last month.






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American Signature Furniture Creates Collaborative Sales Channels

American Signature Furniture shifts from a catalog-only site to a seamless omnichannel retailer, extending its offering to better serve its customers and furnish the homes of generations to come.



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10 Best Retailers to Work For

As retail continues to transition to the shopper-first model, happy, productive associates become ever-more important. Fortune's annual ranking of the 100 best companies to work for features many prominent retailers among the most worker-friendly organizations. See where Wegmans, REI, Zappos and others ranked.



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Tuesday, March 10, 2015

E-Mail's Omnichannel Opportunity

In the omnichannel world, e-mail is the bridge between all touchpoints and has the potential to deliver impactful, relevant messages to shoppers. However, this opportunity is often easier said then done. Here are some tips to drive traffic via e-mail.



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3 Keys to Data Governance in Retail

Data governance deals with enforcing compliance on unstructured data stored on SharePoint sites, NAS devices, file servers, etc. Although different industries might use different terminology, but all regulations require these three things.



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Sephora Unveils Innovation Lab, Nationwide Beacon Rollout

The retailer's new innovation lab is designed to foster a culture of innovation throughout the organization and groom the next generation of digital leaders. A host of new digital initiatives including beacon technology has been announced.



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@WalmartLabs Defines the Role of the Data Scientist

As retail becomes more and more dependent on big data analytics the role of the data scientist has been thrust into the spotlight. At RCAS 2015, Esteban Arcaute, senior director and head of data science, @WalmartLabs will examine the key functions of the data scientist and explore the corporate expectations, hype, reality and misconceptions surrounding this vital position.



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Friday, March 6, 2015

Construction set to start on multi-million dollar Wodonga shopping centre

Construction of a multi-million dollar shopping centre in the Wodonga CBD, in north-east Victoria, is set to start in the next two months.






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Thursday, March 5, 2015

Australian retail sales grow by 0.4 per cent to $23.9 billion

Official figures show Australia's retail sector had a healthy start to 2015, with sales growing in January.






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Aldi threat growing for Coles, Woolworths: Moody's

Cut price supermarket chain Aldi is posing a growing challenge to Woolworths and Coles, according to ratings agency Moody's.






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Target Slashes Jobs, Invests $1B in Supply Chain

Target is strengthening its efforts to become a channel-agnostic retailer with mobile serving as the "front door" to its brand, while cutting thousands of jobs is part of a plan to save $2 billion over two years.



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Wednesday, March 4, 2015

Weak data, major stocks going ex-dividend do little to lift share market

Weak data and some major stocks going ex-dividend does little to lift the share market.






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Innovation in Loyalty: 5 Questions You're Asking

There's been a lot of talk about the evolution of loyalty -- from traditional programs to the kind that use Big Data and analytics to deliver engaging customer experiences and drive profitability. Here are 5 questions and answers to help navigate the hype.



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Chico's Cuts 250 Jobs, Plans 120 Store Closures

Women' fashion retailer, Chico's is undertaking an organizational realignment, including the reduction of nearly 250 jobs and 120 store closures. The moves will save more than $93 million.



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Nordstrom Sales Top $13B, Teases Free Two-Day Shipping

A new DC currently under construction ahead of a planned fall opening in Pennsylvania is a key part of Nordstrom's long-term fulfillment strategy to ship orders within two days by ground to more than 90% of customers.



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World's Richest Retail Billionaires

The highly competitive retail business can chew up and spit out retailers unprepared for the harsh realities of the industry. However, those entrepreneurs and executives that are able to make a splash in retail can earn boundless fortunes. See where executives from Walmart, H&M, Nike and others ranked in Forbes 29th annual guide to the world richest.



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Tuesday, March 3, 2015

Push to double the size of Orange shopping centre to make way another supermarket

A shopping centre in the north of Orange has ambitious plans to expand - pending council approval.






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The Growing Threat of Denial-of-Service Attacks

In the aftermath of the Target and Home Depot breaches, most retailers these days are focused on POS malware. But the more common -- and more dangerous -- are denial-of-service (DDoS) attacks.



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Retail's Coolest Innovative Concepts

Staying ahead of the retail pack requires an intense desire to push the innovation envelope and be the first to market with new concepts. At RetailTechCon 2015 a panel of retail visionaries will explain how their unique concepts work and help the enterprise relate to shoppers in relevant ways. The panel will be comprised of Dave Ratner, owner, Dave's Soda Pet Food City; Kate Sekules, founder, Refashioner; and Cindy Taylor, VP, information systems, Oxford Industries.



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HP to Acquire Aruba Networks for $3B

HP has entered into a definitive agreement to acquire Aruba Networks for approximately $3 billion. The transaction will close in the second half of HP's fiscal 2015.



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Monday, March 2, 2015

Share market hits seven-year high

The share market hits a seven-year high, spurred on partly by hopes of an interest rate cut.






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Analysis: Short-sellers deliver epitaph for Bernie Brookes' time at Myer

Myer's customers love a good sale, but not quite as much as Myer's investors who, for the past few years, have profited handsomely from betting on the shopping emporium's declining stock price, writes Ian Verrender.






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Myer chief Bernie Brookes to step down

Department store Myer announces the immediate departure of chief executive Bernie Brookes.






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