Thursday, July 31, 2014

Hope for new Ripley Arcade traders to lure others

The Mount Gambier Chamber of Commerce is hoping two new tenants in Ripley Arcade will encourage other businesses to follow.






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Renmark council unsure if retail renewal plan a goer

The Renmark Paringa Council will lobby the South Australian Government for funding to revitalise the region's retail precinct.






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Wednesday, July 30, 2014

Retail's Top 25 Companies to Watch

E-commerce saw a boost this past winter, when the "polar vortex" kept shoppers indoors. However, it also created a blow to the economy as a whole, in the first quarter of 2014. Discover who ranked among NRF's Top 100 Retailers, who took the cake, and where Amazon, Best Buy, Costco and more ranked.



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Tuesday, July 29, 2014

Miners and banks drive share market gains

The Australian share market has closed a fifth of a per cent higher, with mining and finance stocks among those driving the gains.






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Urban Decay Boosts Shopper Engagement 17%

Cosmetics brand Urban Decay has partnered with Compare Metrics to help customers find the right products. With the Product Discovery solution the retailer has seen a 17% lift in engagement and 16% higher conversion rate.



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Steve Madden Gets Personal with Customized In-Store Offers

Fashion footwear and accessories retailer Steve Madden will rollout Certona personalization technology to deliver hyper-personalized experiences to customers as they browse, share and purchase items.



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rue21 Drives Sales and Loyalty with Upgraded POS

The fast-growing fashion retailer updated POS is designed to reduce checkout time and unify the customer experience across e-com and brick and mortar for simplified, streamlined operations, including returns management.



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Dollar Tree to Acquire Family Dollar for $8.5B

With the purchase Dollar Tree will own and operate more than 13,000 stores and have an annual revenue north of $18 billion.



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Differentiating Through Analytics

With so much buzz concerning analytics and big data it is difficult at times to pinpoint the business benefits amid the chatter. At the Retail & Consumer Goods Analytics Summit Michael Terpkosh, vice president, store services, SuperValu Inc., will participate in a cross-industry panel that will cut through the buzzwords and discuss the value and impact of analytics on their businesses.



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Friday, July 25, 2014

Ex-Woolies boss Corbett says Foran's Walmart job a 'compliment' to Aussie retail

Former Woolworths chief executive Roger Corbett, who worked with Greg Foran at the Australian retail giant, says his appointment to head the US division of Walmart is a great compliment to Australian and New Zealand retail skills.



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Ex-Woolies executive appointed to major role at US retail giant

Former Woolworths executive Greg Foran, father of NRL star Kieran, has landed the second top job at Walmart.






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RedBalloon's positive approach to boosting business outcomes

RedBalloon CEO Kristie Buchanan says the firm's "positive" work culture has a direct effect on productivity.



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Crazy Clark's closures hit NENW

Two of the region's Crazy Clark's stores are due to close over the coming weeks.






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Subdued outlook for Hunter economy as consumer demand falls

Economists are painting a subdued outlook for the Hunter economy with a soft labour market, weak consumer demand and falling business confidence.






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How Walmart's Savings Catcher Upped the Ante for Retailers

Uncover how next-generation personalized promotions helped Walmart to up the ante in the retail industry through its deployment of Savings Catcher.



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Wednesday, July 23, 2014

4 Technology Disruptors Bringing Retail to the Here and Now

Technology has altered the retail landscape over the past five years, but there are even bigger changes on the horizon. Accenture identifies which key technology trends to watch over the next three to five years.



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Target's Customers Shop Mobile In a Snap

Target's new In a Snap app allows customers to buy products straight from the pages of catalogs through the use of image recognition. Customers can "snap" an image for more info, to purchase or to save for later.



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Walmart Boosts Efficiency with Digital Media Platform

Walmart's media buying exchange – The Walmart Exchange (WMX) - is currently in beta phase. The platform will better target audiences and media buying for both itself and its suppliers, boosting operationally efficiency and profitability.



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Tuesday, July 22, 2014

Cafe and gallery South Johnstone Queensland





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Retail group laments discount store closures

A national retail body says it is disappointing to see the loss of Sam's Warehouse stores but consumer confidence is low and hurting the economy.






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Gippsland jobs to go as discount stores face closure

Dozens of jobs will go across Gippsland when a discount retailer closes three stores this week.






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Strong community backing sees Council commit to mall markets

Newcastle Council says there is strong community support for markets held in the Hunter Street Mall and it will be working with the proprietors in a bid to ensure they continue.






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4 Technology Disrupters Bringing Retail to the Here and Now

Technology has altered the retail landscape over the past five years, but there are even bigger changes on the horizon. Accenture identifies which key technology trends to watch over the next three to five years.



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15 Tips to Maximize the Peak Selling Season

The peak selling season and accompanying end-of-the-year stress is almost upon us. As retailers gear up to tackle the challenge, RIS News has published 15 tips to help retailers survive and thrive during retail's busiest season.



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GameStop to Exchange Other Retailers Gift Cards

Through a partnership with Cardpool, GameStop can now exchange other retailers' gift cards and issue an equivalent valued GameStop gift card in its place.



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Building Loyalty without a Rewards Program

Nurturing customer loyalty is the most cost-effective means to continued growth, but can it be accomplished without a rewards program? At Engage! 2014, Golfsmith CRM director Kim Lewis will explore the myth that you need a points program to build loyalty – Lewis believes every retailer can create a successful loyalty strategy with or without one.



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Friday, July 18, 2014

More discount store closures to cost jobs

A further 27 jobs are set to go in far north Queensland, with the closure of two more discount stores.






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Doors to shut on Rockhampton Crazy Clarks

Receivers have confirmed eight jobs will be lost when Rockhampton's Crazy Clarks store closes its doors.






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Thursday, July 17, 2014

Carbon tax repeal welcomed by business; price warning from ACCC

Business has almost universally welcomed the repeal of the carbon tax, hoping it will lower costs and boost confidence.






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David Jones takeover: Federal Court decision on Woolworths bid pending

A Federal Court hearing on the sale of David Jones has been adjourned for the evidence to be considered.






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Wednesday, July 16, 2014

Business chamber says store closures no reflection on Charleville

The Charleville Chamber of Commerce says the closure of two major retailers in the town has nothing to do with the town or the drought.






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CVS Looks to Strengthen its Position in Hispanic Markets

To help the pharmacy chain capture the growing Hispanic market CVS has acquired the Miami-based Navaro Discount Pharmacy chain.



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Tuesday, July 15, 2014

Source for Sports' Data Sharing Initiative

To improve communication with vendors and realize greater insight into SKU-level sale performance Source for Sports implemented a data sharing program with its vendors powered by Askuity.



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Top 10 Most Profitable Retailers

There are countless metrics available to gauge a corporation's financial health, but none more telling than overall profit margin. Apparel Magazine's annual look at the 50 most profitable apparel brands shows that double-digit margins are not impossible even in a depressed market. See where retailers lululemon, Urban Outfitters, TJX, and others ranked.



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Sears and Kmart Introduce Cross Store Pickup

Shoppers are now able to pick up their online purchases in any Sears or Kmart location regardless of which e-com site the items were ordered.



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The Next Wave of Shopper Analytics

Customer to customer interaction online continues to rise and retailers are capturing, analyzing, and taking action on the data. At the Retail & Consumer Goods Analytics Summit, USC associate professor Dmitri Williams will explore the C2C connection, from social graph to ROI.



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Monday, July 14, 2014

News in 90 Seconds

In this update: The Federal Government embarks on its third bid to scrap the carbon tax; one of two snowboarders missing on Mt Bogong found dead and severe storms damage several home in Perth.



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News in 90 Seconds

In this update: The Federal Government embarks on its third bid to scrap the carbon tax; one of two snowboarders missing on Mt Bogong found dead and severe storms damage several home in Perth.



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David Jones takeover set to pay off handsomely for Lew

All that stands between Solomon Lew and a huge pot of cash is the corporate regulator.






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David Jones share holders meet to decide on takeover

The sale of David Jones looks set to clear a major hurdle today as around 96.5 per cent of proxy votes have been cast in favour of the $2.2 billion takeover offer from South Africa's Woolworths.


Just over 51 per cent of the company's shares, held by around 31 per cent of shareholders, were voted by proxy.


In April, South Africa's Woolworths offered to buy David Jones for $4 a share - a bid the DJs board backed immediately.


Today's vote follows an advertising campaign by David Jones to encourage retail shareholders to vote for the deal, but most big institutional shareholders were in support, making the takeover likely to succeed.






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Outback mayor laments Crazy Clarks closure

Longreach Mayor Joe Owens says he is hopeful another retailer will replace a discount store set to close its doors this week.






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Saturday, July 12, 2014

In the Pink Bids Adieu to POS, Goes Mobile

In the Pink Stores, a chain of Lilly Pulitzer Signature stores launched mPOS powered by Springboard Retail. Since April, the retailer has seen a 32% jump in sales compared to the same period last year.



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Sports Excellence Grows Retail Footprint with Mobile Retail Analytics

Specialty sporting goods retailer Sports Excellence will provide product vendors with chainwide and store-level sales and inventory visibility using a web and mobile retail analytics platform from Askuity.



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Friday, July 11, 2014

Why Can't Retailers Move Faster? The Big Data and Analytics Roadblock

Retailers spent less than half of 1% of their IT budget on big data projects in 2013, lacking the basic analytic maturity that is required to take advantage of big data insights. Find out how cloud holds the key for retailers that want to turn data and analytics into an advantage.



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Thursday, July 10, 2014

Former ambulance station to be revamped

Cessnock's 50-year-old former ambulance station is set to be revamped into a boutique retail and commercial office space.






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Wednesday, July 9, 2014

Charleville council keen to make up for lost retailers

A south-west Queensland mayor says his council has written to 20 big retailers to try and entice them to the community.






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Consumer confidence makes disappointing post-budget recovery

The Westpac - Melbourne Institute Index of Consumer Sentiment shows confidence remains low after the Abbott Government's first budget.






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Tuesday, July 8, 2014

Time for a Change: Apple Snatches Tag Heuer Exec

As the launch of Apple's highly anticipated smartwatch nears, the technology innovator wrestled VP of sales and retail Patrick Pruniaux away from Tag Heuer in an attempt to bolster its sales and marketing efforts.



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Swirl and Motorola Join Forces on Beacon Marketing

Swirl Networks and Motorola Solutions have partnered to provide retailers with a scalable enterprise-class beacon marketing solution.



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Data Sharing: Takes Two to Tango

Data sharing is not a one-way street — by sharing data with suppliers, retailers gain substantial insight into consumer demand and are better able to succeed. At the Retail & Consumer Goods Analytics Summit, Kirsten Curtis, VP, supply chain planning, Safeway will discuss a downstream data initiative where both manufacturer and retailer are collaborating around replenishment strategies to achieve substantial benefits.



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Monday, July 7, 2014

Pacific Brands boss Pollaers quits over differences with board

Pacific Brands boss John Pollaers has quit the company, citing differences with the board over strategy.






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DJs urges shareholders to support Woolworths takeover

David Jones is trying to rally support from shareholders to get the South African retailer Woolworths' takeover bid over the line.


DJs has taken out large advertisements in major newspapers to encourage shareholders to vote yes on the $2.2 billion deal.


Bold writing stating "PLEASE ACT NOW" is emblazoned across the ad page.


David Jones says proxy votes must be in by this Saturday, ahead of the shareholder meeting next Monday.






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Friday, July 4, 2014

Revamped Nicholson Street Mall reopens

The Nicholson Street Mall in Bairnsdale will reopen today after major works.






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Thursday, July 3, 2014

Retail sales in WA slump for fifth consecutive month

West Australians are reluctant to spend, according to new figures that show retail sales recording their biggest ongoing fall in the state in more than three decades.






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Building approvals surge while retail sales slump

Official figures show the building industry bounced back in May, while the clothing sellers suffered.






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The Death of Traditional Price Monitoring

The rise of online and mobile shopping brought with it a rise in price transparency that drove many retailers to adopt competitive price monitoring practices. Today's abundance of rich consumer data is causing the death of traditional price monitoring.



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1-800-Flowers Breaks Into Bitcoin for Online Payments

Beginning this fall, 1-800-Flowers will begin accepting bitcoin across its gifting sites. The retailer has selected Coinbase to process the payments.



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Wednesday, July 2, 2014

Wesfarmers writes down value of Target by $680m

Wesfarmers has cut the value of its Target brand by $680 million, as the retailer continues to struggle for sales and earnings.






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Analysts say Woolworths hiking select supermarket prices

Supermarket giant Woolworths is being accused of hiking grocery prices to offset poor performance in other parts of its business.






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Menswear label M.J. Bale bucking downward retail trend

Menswear clothing line M.J. Bale is forecasting continued growth and a revenue target of $20 million.



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Top 10 Private Retailers

There are many privately held companies in the retail industry, making it difficult to analyze or gain insight into their overall operations and performance. However, here we identify the top 10 privately held companies, with fast-moving consumer goods monopolizing the list. Find out where Publix, Toys 'R' US, Neiman Marcus, Meijer and more ranked in Forbes' Largest Private Companies list.



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Sport Chalet Sold to Vestis Retail Group

The retailer will join Bob's Stores and Eastern Mountain Sports under the Vestis banner, creating one of the biggest sporting goods retailers in the US.



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Tuesday, July 1, 2014

Target Focuses Marketing on Ominichannel Offerings

The retailer's latest marketing campaign leverages its omnichannel initiatives to build brand perception and grow its digital offerings.



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Kroger Drives Growth with Customer First Strategy

Through Kroger's customer first strategy the retailer is able to drive growth and improve perception of customers. The retailer is able to connect better with customers and reduce costs to invest strategically and increase customer loyalty.



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Pier 1 E-Com Sales Jump 260%

Last year was transformational for Pier 1. Well ahead of where the retailer was trending in the back half of last year, e-commerce sales increased 260% from the first quarter last year and almost 50% sequentially from the fourth quarter.



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Pharmacy group to probe Woolworths free health checks

The Pharmacy Board of Australia says they are investigating Woolworths plan to hire pharmacy students and graduates to conduct in-store health checks.






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Woolworths to offer in-store health check-ups

The Pharmacy Guild of Australia has labelled a push by retail giant Woolworths to conduct in-store health checks as an attempt to "hoodwink" shoppers.






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4 Clear Business Benefits of RFID

Looking to implement RFID? Here are four clear business benefits to present to the board to help secure project funding.



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Real World Experience: Marketing and Merchandising

Thanks to the swaths of shopper information collected on a daily basis, retail marketing and merchandising is undergoing an evolution. At Engage! 2014 honorary chairperson Kevin Moffitt, VP, e-com, Office Depot, will lead a frank retailer-driven discussion of marketing and merchandising solutions, vendors, challenges, best practices and more.



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How Things Remembered Ensures Peak Period Success

With revenue at stake during peak periods, Things Remembered avoids unplanned downtime. The retailer uses application performance management to identify end-user performance degradations during testing before they are able occur.



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RGIS and SES Partner to Offer Operations Strength to Omnichannel Retailers

The partnership will focus on reducing out-of-stocks, real-time product availability, and improving in-store customer experiences.



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Avon Cuts 600 Jobs in Attempt to Restore Profitability

The cosmetics retailer and manufacturer continues to trim its workforce as profits dip. This is the second major layoff in the last six months.



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