Preview: Inside Retail Weekly 2096
Woolworths continues to reshape its private label strategy, scrapping its Select private label brand last week and in favour of a new, eponymously named ‘Woolworths’ private label that will be rolled out in the coming years as part of a broad turnaround strategy new CEO, Brad Banducci, is in the early stages of implementing. Recent moves by both Woolworths and archrival, Coles, to restructure their private label strategies are a direct reaction to Aldi’s success, which is changing the way Australians view private label products. You can read at length on this topic in the ‘Aldi drives private label rethink for Coles & Woolworths’ cover story in this week’s issue of Inside Retail Weekly.
Our Features this week also look at the mixed industry reaction to the recently announced Surcharge Free movement that urges retailers to absorb transaction surcharges. We also bring you the most salient points from the presentations Myer CEO, Richard Umbers, and The Good Guys CEO, Michael Ford, gave at an Australia-Israel Chamber of Commerce event in Sydney last week. The retail industry leaders weighed in on topics including talent, customer loyalty and the virtues of failing fast.
In our opinion column this week, Jared Dickson digs into Kogan.com’s impending listing on the ASX, and how the anticipated listing raises legitimate questions about the growth projections the pure-play retail industry leader has announced. This piece also looks at why institutional investors are becoming increasingly wary of entrepreneurs.
And in From The Source this week we chat with Angus Harris, co-CEO of Harris Farm Markets, a high-end supermarket retailer in NSW – but with designs on launching interstate – that is introducing Whole Foods- and Eataly-inspired concepts to the Australian market.
You’ll find all of this, and much more, in Inside Retail Weekly Issue 2096.
Inside Retail Weekly is the premium product in the broad stable of Inside Retail publications. It is published weekly, 48 times a year, and offers in-depth analysis of key retail industry news, hard-hitting opinion pieces, feature stories, and much more.
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