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Tag: Australia

Retail Asia20/09/2019
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General

Lululemon launches free coursed for store managers

4min0
Lululemon is partnering with Swinburne University of Technology to offer a free diploma of business for store managers, regional managers and training managers. The course, which Lululemon is fully funding, is comprised of eight units covering personal skills for leaders, HR and staff management, marketing, operations, finance, and strategic skills. The units have been adapted […]
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Retail Asia17/09/2019
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Finance

Australian dollar back up

1min0
The Australian dollar rebounded overnight and is buying 67.69 US cents Wednesday, up from 67.25 US cents on Tuesday. Yesterday, the local currency neared its decade low before rebounding. The Aussie dollar dipped to close to a recent 10-year low on weak retail sales figures. The Aussie dollar dipped as low as 66.88 US cents […]
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Retail Asia12/09/2019
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Living

Fjallraven opens huge Sydney flagship store

4min0
Swedish heritage outdoor brand Fjallraven has opened a flagship store in Sydney nearly one year after making its brick-and-mortar debut in Australia. The store, located on York Street in Sydney’s CBD, stocks the brand’s popular Kanken rucksack, as well as a broader range of outdoor apparel, including men’s and women’s jackets, tops and trousers. It […]
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Retail Asia06/09/2019
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Fashion

OPSM goes luxe and large in Sydney

1min0
OPSM has opened its biggest flagship in Australia, following the renovation of its George Street store in Sydney. The store, which doubled in size to 200sqm, now houses the widest selection of glasses and sunglasses in the retailer’s network, including a large range of luxury frames from brands such as Oliver Peoples, Tiffany & Co, […]
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Retail Asia03/09/2019
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General

Kaufland acquires third Queensland site

3min0
Kaufland Australia is pressing forward with its Australian expansion with the acquisition of its third Queensland site, in a location that may concern local players. On Wednesday, the German retail giant confirmed that it has taken ownership of Morayfield Village Retail Centre at 177-189 Morayfield Road, a suburb of Moreton Bay Region in north Brisbane. […]
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Retail Asia28/08/2019
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General

Wesfarmers to reposition Target

1min0
In a move to differentiate itself from sister brand Kmart, department store Target will see an accelerated transformation to offer higher quality apparel, soft homewares and toys. This shift will reposition the department store to compete against more specialty and middle-market offerings, and could keep Kmart and Target from potentially cannibalising one another’s sales. As […]
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Retail Asia28/08/2019
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Logistics

Australia Post announces e-vehicle trial

3min0
Australia Post has announced the trial of a new Australian-built three-wheeled electric delivery vehicle. Built in Melbourne’s south-eastern suburbs, the new Stealth OzPOD will service residents in the suburb of Lilydale over a five-week period, as Australia Post tests its features over different terrains in a bid to complement existing electric vehicles in operational use. […]
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Retail Asia28/08/2019
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Telecom

Vodafone named ‘national retailer of the year’

2min0
Vodafone was crowned ‘national retailer of the year’ at the Australian Retailers’ Association’s annual awards in Melbourne on Thursday. The telecommunications company said it had made significant improvements to its business and customer experience since a low point a few years ago by making common sense decisions and backing its people. This was a fitting […]
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Retail Asia28/08/2019
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Finance

Australian dollar declines

3min0
The Australian dollar has declined Friday, buying 67.75 US cents from 67.83 US cents on Thursday. Yesterday, better-than-expected jobs data has helped edge up the Aussie dollar as fears the global economy is headed for recession continue to weigh on the currency. The Australian dollar has struggled under the weight of worldwide economic anxiety even […]
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Retail Asia27/08/2019
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Food

The Source Bulk Foods opens Restaurant in Singapore

2min0
Australia’s largest bulk foods and zero waste retailer The Source Bulk Foods has unveiled its first outlet in Singapore. Located at Cluny Court, the store will carry a wide range of pantry staples, numbering more than 350 products that include premium whole foods and treats as well as packaging-free household products. Founded in 2012 in […]
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Retail Asia22/08/2019
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General

Coles claims former employee stole $1.9 million

3min0
Coles is suing a former employee for allegedly stealing more than $1.9 million from the company. The supermarket claims that Aaron Baslangic, former head of strategic initiatives and B2B for Coles Online, submitted phoney invoices requesting payment to third parties, and in some cases faked the approval of his supervisor for payments that were above […]
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Retail Asia21/08/2019
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Finance

Australian dollar rises

2min0
The Australian dollar has risen Thursday, buying 67.59 US cents from 67.11 US cents on Wednesday. Yesterday, the local currency hit a 10-year low of 66.77 US cents after New Zealand’s central bank cut the country’s cash rate by a larger than expected 50 basis points. The Aussie was trading as high as 67.83 US […]
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Retail Asia16/08/2019
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E-Tailing

Samuel Hubbard launched E-commerce platform in Australia

2min0
US footwear brand Samuel Hubbard will launch online in Australia and New Zealand next month through an exclusive partnership with Gold Coast-based orthotic shoe distributor Global Footcare. The 10-style range will be featured on the Global Footcare website, in an effort to test the online market for more premium orthotic footwear options. According to Global […]
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Retail Asia15/08/2019
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Food

Menulog grows footprint, revenue in Australia

3min0
London-based food company Just Eat posted its half-year results on Wednesday, including the latest results from its Australian subsidiary Menulog. The takeaway food platform, which launched its own delivery service in 2018 (previously it only catered to restaurants that could ‘self deliver’), reported a 29 percent increase in revenue on a constant currency basis in […]
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Retail Asia08/08/2019
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General

Alceon rolling out Lego stores across Australia

3min0
Alceon Group on Wednesday revealed plans to significantly expand the footprint of Lego stores in Australia. New stores are set to open in New South Wales, Victoria and Queensland over the coming months, with South Australia and Western Australia to follow in 2020. A store is also set to open in Westfield Newmarket in New […]
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Retail Asia08/08/2019
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General

Coles partners with Accenture to cut costs

3min0
Coles is powering ahead with plans for a more digitally-focused future by signing a long-term agreement with global technology services company Accenture. The partnership is part of Coles’ Smarter Selling initiative which is hoped will cut costs to the tune of $1 billion over the next four years through the rollout of new technology. As […]
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Retail Asia08/08/2019
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Food

Marley Spoon brings first meal kit service to Tasmania

1min0
Marley Spoon launched its meal kit service in Tasmania on Wednesday, making it the first service of its kind available on the Australian island state. The delivery service will initially cover the greater Hobart and Launceston areas, but Marley Spoon said it will expand to more locations throughout the state in the near future. “Tasmania […]
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