Preview: Inside Retail Weekly 2118
In news that somewhat flew under the radar in July, German retailer Schwarz Group filed a trademark application for a large list of products, goods and services in Australia for its Kaufland discount market brand. Kaufland just so happens to operate food retail outlets in hypermarket formats across Europe and is part of the Schwarz Group, which also owns supermarket chain Lidl. Read more about what the entry of one of Aldi’s discount chain rivals may mean for the supermarket sector in Australia in our cover story this week.
In Features we take a look at the spending bonanza that is the Singles Day festival. Less than 10 hours into China’s Singles Day on November 11, Australian and New Zealand retailers had already surpassed their total sales from the entire 24-hour online sales event in 2015. By the end of the day, the total value of orders placed with Australian merchants would make it the fourth top-selling country behind Japan, the US and South Korea. Last year it was fifth.
Bringing the focus back home, we also examine the ways that supply chain operations are enabling global discount retailers to rock the boat and are changing the way local operators approach the market. Costco Australia’s CEO Patrick Noone explains how the nitty gritty of the discount retailer supply chain is about more than just slashing price tags.
Jared Dickson’s Opinion column explores how the pharmacy sector is being reshaped in the face of tougher trading conditions, higher costs, lower PBS payments and a powerful industry disrupter. Like most retail categories, pharmacists are now facing much tougher general retail conditions along with a tightening of the federal government payments on the pharmaceutical benefits scheme and an industry disrupter within – Chemist Warehouse, the big box discounter.
In From The Source, we chat with one of Australia’s most shred retail operators, Richard Murray CEO of consumer electronics powerhouse, JB Hi-Fi. Find out how JB Hi-Fi plans to bed down The Good guys merger while also expanding on its HOME store network.
In other News this week, retail leasing reforms currently before the NSW state Parliament represent a critical juncture for retail leasing across Australia, Australian Retailers Association chief Russell Zimmerman believes.
Introduced to the NSW Legislative Assembly last week by Minister for Small Business John Barilaro, the Retail Leasing Amendment (Review) Bill 2016 is aimed at promoting “transparency and equality” in retail leasing, following recommendations from a Productivity Commission report in 2009.
Elsewhere, Association for Data-driven Marketing and Advertising (ADMA) and Oracle Marketing Cloud last week launched a new research report, The CMO of Tomorrow, at a business roundtable staged in Sydney. Receiving sufficient budget from the board and successfully communicating immediate ROI to chief financial officers are some of the key findings to come from the report, representing the major hurdles for today’s chief marketing officer.
You’ll find all of this, and much more, in Inside Retail Weekly Issue 2118.
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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