Despite a decline in overall job vacancies, data released by the Australian Bureau of Statistics last week show vacancies in retail have grown by almost 15 percent since May of this year, as online retail giant Amazon joins many in preparing for a considerable recruitment push ahead of the festive season.
A new study authored by the World Bank suggests a consensus forecast indicating that the global economy could experience dramatic declines in growth over the next two years in news it suggests “do not augur well for the likelihood that a global recession can be avoided”.
Australian insurtech startup Upcover has announced a new pay-by-the-month insurance payment option for its customers, designed to allow greater financial flexibility in accessing and maintaining insurance for small businesses and sole traders.
Craig Ferguson, Director of Strategy at Antipodean Capital, spoke to a room of retail experts and online shoppers at the inaugural Power Retail Connect lunch held this Wednesday in Melbourne. Discussing the changes in the macroeconomic landscape, disruptions in consumer changes and spending habits and how they will impact retailers in the future, he also gave businesses a sliver of hope and advice for battling the next few months.
Record revenue growth is on the cards for Adore Beauty as it presented its full-year results for FY22. However, the economic uncertainty across the country has lowered expectations for the next 12 months, but the retailer is confident that its offering will maintain resilience for the unpredictable future.
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.