Allan O'Donnell
Michael Hill to launch high-end brand, reports record $630m sales
The company reveals plans to service all significant segments of the fine jewellery category by integrating Bevilles and launching its high-end bespoke brand, TenSevenSeven.
The Reject Shop reports $10.3m profit but expects headwinds
The company reports positive FY23 revenue and profit growth, noting consumers’ need for the discount variety sector in economically challenging times.
Woolworths FY23 results – $1.6 billion profit, uncertain outlook
Woolworths Group says local inflationary impacts are creating new challenges as its customers’ household budgets become increasingly stretched.
Adore Beauty FY23 results: loyalty soars, revenue and profit slide
Cost-of-living pressures and subdued consumer sentiment are reportedly impacting revenue and profit as Adore Beauty looks to further engage loyal customers, targeting increases in order frequency.
Kogan FY23 results: will a recalibration improve profitability?
Kogan Group says platform-based performance has enabled it to deliver better quality earnings while transitioning to a higher margin, lower risk, platform and software-based business.
Coles shows mixed FY23 results, aims to focus on consumer value
Coles Group reports $40.5 billion in revenue amid growing “total loss” headwind costs and now looks to enhance its digital offering and deliver additional consumer value.
AI and data to help Temple & Webster reach its $1 billion goal
Amid a challenging economic climate, Temple & Webster plans to use AI, data, and technology to support substantial revenue growth.
CONQR sees $5 million valuation with AI-driven marketplace for flexible business hiring
Businesses are set to reduce hiring costs by 56% with an AI-driven marketplace dubbed the “super app” that’s connecting companies and consultants on flexible terms.
Super Retail Group reports record $3.8 billion sales, strong profit
The Group delivered positive sales results for FY23, though now faces moderation amid dampening of consumer spending.
Best & Less to back-pay $5.2 million of store staff underpayments
Best & Less signs an Enforceable Undertaking (EU) with the Fair Work Ombudsman and commits to back-paying its salaried store managers.
Shopify BFCM Sales Reach Record Breaking $9.3B USD Globally
Shopify merchant data reveals record breaking Black Friday and Cyber Monday highlights globally and in Australia.
Mys Tyler Launches Innovative AI Stylist Feature
Fashion Startup Mys Tyler has unveiled its new generative AI feature. We spoke to founder and CEO Sarah Neill to find out more.
BNPL Legislation Delayed
BNPL industry regulations will not be brought into law this calendar year as the government delays the process into 2024.
Solving the Major Challenges Faced in Omni-channel Retail
The omni-channel experience introduces new challenges. Retailers need to focus on three critical optimisations to ensure a frictionless customer experience.
Key Takeaways from BigCommerce’s 2023 Customer Experience Report: What Online Shoppers Want from Brands
We identified three key strategies for retailers to meet — and exceed — shopper expectations going into peak season from BigCommerce’s 2023 Customer Experience Report: What Online Shoppers Want from Brands.
The Rise of Delivery Choices – What consumers want and how to exceed their expectations
HUBBED compiles three valuable insights on consumer preferences and expectations on their post purchase parcel delivery experience from its recent report, The Rise of Delivery Choices.
