Starbucks to Invest $275M in Partners and Digital

Starbucks expects investments in its partners and digital initiatives to total between $275 million and $300 million globally in 2016. Find out the four ways in which the retailer is expanding its digital agenda.

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Nearly 200 jobs to go as Dick Smith closes department store outlets

More than 180 Dick Smith workers will lose their jobs, after the embattled electronics retailer decides to close its department store outlets.

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Banking Should Take Inspiration from Mainstream Retail

New products and features mean little to consumers if banks refuse to be agile and responsive to their customers needs and they way they want to interact with the bank.

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Former Perth caryard dealer fined over indecent assault of 19yo worker

A former dealer principal at a Toyota caryard in Perth is fined $5,000 for indecently assaulting a teenage employee, but avoids having a conviction recorded.

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Are your microbeads products bad for the environment?

If you use products from some of the world's biggest beauty brands, chances are you're pumping waterways full of plastic. So are governments acting on the danger?

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Best of NRF 2016: Top 10 Takeaways

NRF Big Show 2016 came and went in a flash and it was impossible to catch it all. Here is RIS News' annual look at the news, trends and sessions that were all the rage at this year's show.

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Consumer sentiment falls to lowest levels since Turnbull became PM

Consumer confidence falls to the lowest level since Malcolm Turnbull took over as Prime Minister from Tony Abbott.

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Japan’s AEON RETAIL Reinvents Strategy with RFID and Robots

AEON RETAIL is reinventing its strategy to reduce out-of-stocks and improve customers' shopping experience.

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The Future of Retail

Millennials will represent one third of the adult population and 1.4 trillion in spending power by 2020. So, what drives this segment? Take a glimpse at the future of retail technology.

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Masters hardware failure: Woolworths does some home improvement

Throwing the Masters monkey from its back won't be cheap for Woolworths, but investors are backing its decision to fold rather than double down on its failed bet.

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The rise and fall of Masters hardware stores

Take a look at the key dates in the rise and fall of Woolworths' attempt to take on Bunnings in the hardware business, after the retailer announced it would offload its failing chain.

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Woolworths to exit Masters hardware venture

Retail giant Woolworths has announced it will exit its unprofitable Masters hardware business through selling it or by winding it up.

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Brooks Brothers Chooses SAP Fashion Management Solution

Brooks Brothers has recently chosen the SAP Fashion Management application, which harmonizes wholesale, retail and manufacturing processes within one back-office software system in SAP Fashion Management.

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CPO Commerce Supercharges its Pricing Capabilities

The online tool retailer's latest rollout from Revionics allows it to monitor, analyze and quickly adjust its pricing strategy to meet ever changing market conditions.

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Wesfarmers offers $706m for UK hardware business Homebase

Wesfarmers is offering 340 million pounds ($706 million) for UK home improvement and garden retailer Homebase.

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Zumiez Bolsters its Omnichannel Possibilities

When specialty apparel retailer Zumiez needed a customer-focused platform to sell to customers anytime, anywhere, the company added a new POS solution. Find out what the move will translate to in 2016. 

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Macy's to Close 40 Stores and Layoff Thousands as Sales Continue to Slump

Macy's is cutting thousands of jobs from the executive staff to the sales floor in an attempt to trim $400 million in expenses. Despite the large-scale cuts the department store chain is still investing in its innovation initiatives. See what Macy's has planned to right the ship.

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Bringing Together Wearable Devices and Speech Technology in the Retail Environment

We are seeing the convergence of two trends: wearable devices that are controlled with one’s voice. Yet an important application of voice controlled wearable devices is being overlooked.

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Higher milk, bread prices under effects test: former ACCC boss

Former ACCC chairman Graeme Samuel warns that introducing an "effects test" will leave consumers paying more for bread and milk.

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Finish Line Blames Tech for Bad Sale Results

Sporting apparel retailer The Finish Line estimates issues with its new warehouse and order management system cost the company $32 million in lost sales.

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