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Showing posts from May, 2020

Coca-Cola supports Red Cross COVID-19 recovery efforts

The Coca-Cola Foundation has announced a new partnership with Australian Red Cross to support vulnerable members of the community to recover from the social and economic impacts of COVID-19. The Foundation is providing $250,000 to support the Red Cross COVID-19 Care Collective which will provide immediate and long-term emotional care and support for Australians who have been hit hardest by the crisis. “Keeping our social health and wellbeing strong while we live with COVID-19 is so important,” says Australian Red Cross CEO Judy Slayter. “When COVID-19 has passed, let’s be in a position where we can look back and celebrate Australia doing its best to build new and creative social resilience at all scales, where we fostered positive behaviours and confidence across the community. Partnerships like these are supporting us to do that.” The programs will support those most at risk of the impacts of COVID-19 including socially isolated older Australians, people experiencing homelessness,...

Gucci’s retreat from catwalk shows will put the brakes on fast fashion

Gucci is stepping away from the traditional luxury fashion catwalk calendar and cutting its shows from five to two per year. Sofie Willmott, Lead Retail Analyst at GlobalData, a leading data and analytics company, offers her view on this news; “The COVID-19 pandemic has given luxury brands a chance to step back and consider the […] from Indiaretailing.com https://ift.tt/3dpegwE via IFTTT

Woolworths extends dairy levy

Woolworths has extended its existing dairy contribution payments on two and three litre fresh own brand milk varieties until June 2021. According to the retailer, the 10 cent per litre levy has contributed around $50 million to dairy farmers since it first introduced the initiative in 2018. Based on current volumes, these support payments are expected to contribute an extra $30 million to dairy farmers over the next 12 months. The move to extend the support is said to provide certainty to more than 450 dairy farmers supplying milk used in the production of Woolworths branded milk as the federal government’s Mandatory Code of Conduct comes into full effect and drives change in the industry. “Our levy has provided much-needed relief to dairy farmers and we’re grateful for our customers’ support of the program,” says Woolworths Director of Fresh Food Paul Harker. “While conditions have improved and farmgate prices have gone up since we started the levy in 2018, we’re extending payment...

The Trial Room Debate: Finding a plausible solution

As lockdown restrictions are eased and the retail fraternity is getting ready to reopen stores and welcome back shoppers, the focus has shifted towards trial rooms. Trial rooms are a huge advantage that the brick-and-mortar stores have over e-commerce, and nothing can replace the in-person experience of trying on an item in the changing room, […] from Indiaretailing.com https://ift.tt/3eAEY5O via IFTTT

Hygiene, social distancing norms in focus as restaurants, retailers gear up to reopen

Restaurant operators and retailers are now looking forward to resume business activities after the government on Saturday allowed them to re-open from June 8. According to a PTI report: Several Quick Service Restaurants (QSR) operators have redesigned and reorganised layouts of their dining facilities to adhere social distancing norms along with additional hygiene features, while […] from Indiaretailing.com https://ift.tt/3dmDV9s via IFTTT

Retail Operations: Safety and hygiene measures post lockdown

The shockwaves that COVID-19 created for businesses around the world isn’t going to go away anytime soon. The impact of the pandemic will be felt even after it has been eradicated. In the meantime, the myriad of changes in consumer behavior will change the ways brands and retailers do business for ever to come. Hygiene […] from Indiaretailing.com https://ift.tt/2TXR1Cb via IFTTT

Brands ask malls to reduce rent till business gets back to normal

Brands and retailers have asked the malls to close the commercial agreements with reduced rents linked to the trading density of the malls. A formula has been proposed in order to simplify the process and speed up the discussions, called as the Red-Orange-Green approach that will distribute the burden. Red is the lockdown period in […] from Indiaretailing.com https://ift.tt/2ZTVZ6N via IFTTT

V-Mart Retail Q4 results: Net loss at Rs 8.43 crore, net sales at Rs 332.66 crore

Value fashion and lifestyle products retailer V-Mart Retail Ltd on Friday reported narrowing of its standalone net loss to Rs 8.43 crore in the quarter ended March 2020. The company had posted a net loss of Rs 90.42 crore in the January-March quarter of last fiscal, V-Mart said in a regulatory filing. Its revenue from […] from Indiaretailing.com https://ift.tt/3eIGLpD via IFTTT

Waive fixed electricity charges for food processing industry during lockdown, says Harsimrat Kaur Badal

Union Food Processing Minister Harsimrat Kaur Badal has written to all state chief ministers urging them to provide relief in electricity charges to the industry which is facing liquidity crunch due to lockdown. The minister said that the industry has sought exemption of fixed electricity charges for their cold stores and power bills to be […] from Indiaretailing.com https://ift.tt/2XRlF1v via IFTTT

Surviving COVID-19: Now, transform kirana stores into supermarkets in just 24 hours

With modern retail and e-commerce accounting for only 10 and 2 percent respectively, kirana stores still dominate the food and grocery market in India. The 12 million neighbourhood kirana stores in India have now emerged as the new heroes, as the quest for essential items become hassle some due to lockdown restrictions. Traditional kirana owners […] from Indiaretailing.com https://ift.tt/2MfZDzM via IFTTT

Lockdown: Modi Enterprises expects drop in profits of Colorbar; operation of 24Seven disrupted

Diversified Modi Enterprises is expecting a “massive drop in profits” of its cosmetic brand Colorbar due to the coronavirus lockdown, while direct selling business Modicare and retail chain store 24Seven have also been affected, a top company official said. According to a PTI report: The over US$ 1.5 billion group, which has interests in sectors […] from Indiaretailing.com https://ift.tt/3cj4ECf via IFTTT

Bickford’s offers sweet (Sugar Free) Cordial

Adding to their well-known cordial range, Bickford’s is launching two new flavours of Sugar Free Cordial: Mixed Berry and Lemon Lime. Bickford’s Sugar Free Cordial will mark Australia’s first ever Sugar Free Cordial to hit the supermarket shelves. “We recognise a current gap in the market with no cordial that is completely sugar free on offer, only those that contain no added sugar,” says Bickford’s Australia Assistant Brand Manager, Amelia Wright. The new products are formulated with a blend of natural sweeteners, Stevia and Erythritol, and still delivers the same expected taste. “Consumers that avoided the cordial isle can now finally purchase a product that does not compromise their lifestyle choices but allows them to enjoy a guilt-free drink, mocktail or cocktail,” says Ms Wright. The market first Bickford’s Sugar Free Cordials will be available from today, 1 June 2020, at all leading independent retailers, including Foodland, IGA, Drakes and online via Sippify.com.au with th...

Ferrero’s Cool Tic Tac® X-Freeze Launches in Australia

Media Release 1 June, 2020 Ferrero has today marked the Australian launch of its latest innovation in the Tic Tac® range – Tic Tac® X-Freeze – an intense, long-lasting mint that is 99.8% sugar-free. Emanuele Fiordalisi, Head of Brand for Tic Tac said, “The new Tic Tac X-Freeze range brings a refreshing offer to Ferrero’s mint portfolio, delivering a great taste sensation in the mouth that is distinctly Tic Tac. Tic Tac® X-Freeze is available in Eucalyptus Mint and Spearmint which, coupled with cooling crystals, provides more intense flavours while the bigger pill size adds long-lasting refreshment.” Tic Tac® X-Freeze is a permanent extension to the Australian Tic Tac ® product range and the new product line will be supported by in-store sampling, displays and point of sale material, in addition to social media activity. Source: Daylight Agency. The post Ferrero’s Cool Tic Tac® X-Freeze Launches in Australia appeared first on Retail World Magazine . from Retail World Magazi...

Target Closes 175 Stores Nationwide in Wake of George Floyd Protests, Looting

Target said late Saturday night that it would temporarily close 175 of its locations across the U.S. after video of its Minneapolis store getting looted went viral amid the fifth night of protests sparked by the death of George Floyd, which saw protesters around the country destroying stores and setting fire to police vehicles.  “We […] from Total Retail https://ift.tt/2BkZN70 via IFTTT

Does your retail business stop traffic?

From 1 July 2020, the Traffic Control Training (TCT) scheme will transfer from Roads and Maritime Services (RMS) to SafeWork NSW. The scheme will fall under the Work Health and Safety Act as the Work Health and Safety Amendment (Traffic Control Work Training) Regulation 2019. What this means for your business in retail is that if you have deliveries to your store or loading dock, or carry out any other work that requires you to stop traffic or pedestrians, that are on or adjacent to a public road, then the workers you direct to do so will need to be trained. The changes will make it mandatory for workers to hold the relevant: SafeWork NSW Traffic Control Work Training (TCWT) card, or RMS Traffic Control Training Photo Card. If any of your workers currently hold an RMS Traffic Control Photo card they will continue to be recognised after 1 July 2020, until the card expires. Prior to the RMS card expiring workers will need to convert to a SafeWork NSW Traffic Control Work Training ...

SMC’s Virtual Approach to Futureproofing Businesses

Media Release May 2020 The COVID-19 pandemic taught us to become more resourceful and to maximise what we already have. We saw prominent FMCG manufacturers repurposing existing lines, companies adopting a ‘lights out’ approach and talks of shorter supply chains coming into play. Jozef Ceh, SMC Corporation ANZ Digital Transformation Manager Jozef Ceh, Digital Transformation Manager for SMC Corporation ANZ says that from its many learnings, one key takeout is that of ‘futureproofing’ your business. “Every business is looking for a competitive advantage to get their business back up to speed and Industry 4.0 is certainly the answer”. Jozef notes that SMC offers a practical approach for new and existing customers to smarten up their digitalization, without the hefty upfront investment costs. Steps to Smart Flexibility “Rather than upgrading entire systems, there are smart and affordable decisions that one can make. Customers can identify products in their factories that aren’t bei...

All in for online shopping

Aussies have quickly adapted to shopping online during the COVID-19 lockdown. As we were told to stay at home e-commerce, unsurprisingly boomed. During the pandemic, PayPal Australia recorded the strongest monthly results in the company’s history, with the highest number of transactions and largest total value of payments ever processed, in April. This leap in online shopping is set to having lasting impacts and has accelerated Australia’s shift to become a cashless society by up to 5 years. Now, over 8 million Australians have an active PayPal account, which is almost a third of the population. Australian small businesses have also benefited from this increase in users, as there has been a 54% rise in sales processed by small businesses on the PayPal platform during COVID-19 restrictions. “A lot of people and businesses have been hit hard by the pandemic and our thoughts go out to them,” says PayPal Australia’s resident Shopping Expert, Danielle Grant. “At PayPal we’re lucky to ...

Violent George Floyd protests

As violet protests continue around the country with a police killing of George Floyd, there are more questions than answers on what are the next steps to prevent another police killing. Heavy protests in New York, Los Angeles, Minneapolis, and many other big cities costs Millions of dollars worth of damage as the county deals with racism and police brutality. The post Violent George Floyd protests appeared first on RetailBlog.com Retail Business Retail Sales Retail Jobs News Blog . from RetailBlog.com Retail Business Retail Sales Retail Jobs News Blog https://ift.tt/3doiNjc via IFTTT

How to captivate jaded shoppers as they venture out to shop

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Mastermind Toys Shifts Operations as Stores Reopen Amid COVID-19

photo: mastermind toys By Mario Toneguzzi Mastermind Toys has been focused during the COVID-19 crisis on accelerating its strategy which includes rolling out several new offerings for customers as well as enhancing its social media and digital presence. There are currently 69 stores across Canada in every province with the exception of Quebec. The first store was opened in 1984 in Toronto. “When I came in January, one of the big things that lent itself to my expertise was doing a digital transformation. We had grown pretty rapidly over the last two to five years. We went from 12 stores to 69 stores and we feel that’s a really good number in Canada right now. We’re happy with the customers we’re serving that way. But what we recognize even pre-COVID is that our digital experiences were actually lagging our competitors and our industry,” said Sarah Jordan , CEO of Mastermind Toys. “So when I came in January, even pre-COVID, of course we were going to look at our footprint and m...

Q&A with Mary Turner, President of DSW/Designer Brands Canada

mary turner By Mario Toneguzzi Mary Turner , President of Designer Brands Canada Operations , leads the retail banners The Shoe Company , DSW Canada , and The Shoe Warehouse with 141 stores. She spoke to Retail Insider recently about her career and the state of the retail industry in Canada. Retail Insider: Can you tell us a little bit about your career? Turner: “I’ve been a retailer all of my life - before, during, and after university. I’ve been really, really fortunate to have worked for some of North America’s great retailers - Hudson’s Bay Company, Holt Renfrew, and now of course Designer Brands. RI: What about your current position? Turner: “I joined Designer Brands about four years ago and I became the President about 18 months ago. I joined initially as Chief Merchant and got the opportunity to learn more about the business and obviously we went through a fascinating time. I joined just pre the completion of the acquisition by Designer Brands of Town Shoes Limit...

Coronavirus Recovery: Canadian Small Businesses Must Focus on Easing Employee, Customer Fears

By M. Tina Dacin and Laura Rees A small business has been  given the green light to reopen amid the COVID-19 pandemic . What does it need to consider for employees and customers? Small business owners are reorganizing physical space to account for continued distancing requirements and rethinking supply chains to deliver products and services in new ways to meet changing demand patterns. But they must not forget the hearts and minds of employees and customers. That doesn’t mean replacing a focus on the bottom line, but it helps address the need for a new set of expectations and ways of communicating in terms of product or service offerings, delivery methods and real-time feedback. Based on our expertise in organizational behaviour and past research we’ve conducted, we provide a set of recommendations to help small businesses thrive in our new COVID-19 economy by looking after the hearts and minds of the people most important to businesses — employees and customers. Fear, Anxi...

Southend High Street tells bleak story of British retail

Footfall on shopping streets was falling even before the coronavirus crisis hit Coronavirus – latest updates See all our coronavirus coverage It is 9.15am on the warmest day of the year so far, and Southend-on-Sea High Street is eerily quiet. Towards the southern end, near the Essex town’s Thames estuary waterfront, a herring gull paces up and down outside a chip shop. If it’s waiting for scraps, it could be there a while; above the shuttered fast food outlet is a “shop to let” sign. A passerby, Bernadette De Villiers, is disappointed; she has come into the town centre to go to the bank – but it is not yet open. Related: High streets can be saved. Here’s how to reinvent them for the 21st century | Vidhya Alakeson Related: Coronavirus has emptied public spaces – but it could reinvent the high street | Anna Minton Related: Reopening the UK high street will not guarantee a rebound Continue reading... from Retail industry | The Guardian https://ift.tt/2Bds9jm via IFTTT

Indiesigns Helps Businesses Re-Open Safely With Custom Signage

In episode 249 of Total Retail Talks, Editor-in-Chief Joe Keenan interviews Ari Grazi, co-founder and president of Indiewalls, a full-service art consultancy connecting designers, brands, and consumers to a global community of independent artists. Listen in as Grazi discusses his professional background, why he founded Indiewalls, and the company’s new Indiesigns extension, which sells decals and signs that […] from Total Retail https://ift.tt/3dkCJmZ via IFTTT

Boohoo faces $100m US lawsuit amid accusations of “sham sales”

// Boohoo faces $100m (£80m) lawsuit in the US over allegations of false prices // Lawyers filed a civil claim against the retailer regarding its promotions and pricing // Boohoo was accused of running “sham sales” and promotions Boohoo is reportedly facing a $100 million (£81 million) lawsuit in the US over allegations it misled shoppers with “sham sales”. According to  The Telegraph , lawyers from Almadani Law and AI Law in California filed a civil claim against the British online retail giant with allegations it engaged in false pricing through fake sales and promotions. The civil claim comes within a week of Boohoo Group facing short seller attacks after announcing a £323 million deal to buy out the remaining minority stake in PrettyLittleThing. READ MORE:  Boohoo under second attack by short-seller in less than a week Boohoo acquires 34% stake to wholly own PrettyLittleThing Lawyers allege Boohoo ran “sham sales” with discounts on “fake” original pr...

Tesco faces shareholder revolt over CEO’s bonus hike

// Tesco faces shareholder revolt over bonus hike for CEO Dave Lewis // If it kept Ocado on list of competitors used to assess performance, Lewis’ bonus would be reduced from £2.4m to £800K // Glass Lewis, the governance adviser, had “severe reservations” over the decision to exclude Ocado Tesco is reportedly facing a shareholder revolt after the Big 4 grocer inflated executive bonuses by axing Ocado from a list of companies used to assess its performance. According to the  Sunday Times , Glass Lewis – the governance adviser – said it had “severe reservations” over the decision to exclude the online grocer’s from calculations. Tesco chief executive Dave Lewis was recently handed a £6.42 million pay package for the year ending March, marking the highest annual pay packet for an executive at the grocery giant since the departure of Sir Terry Leahy in 2011. READ MORE: Tesco addresses migrant worker abuse at Thai and Malaysian stores £6.42m pay package handed to Tesc...