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Local and global retail news, views and analysis from the leading retail authority, Inside Retail Australia. Stay informed daily.
News
Nick Scali investigates security incident as systems taken offline
Nick Scali is investigating a security incident that has forced the furniture retailer to take some of its systems offline. The ASX-listed retailer said the incident had caused delays and uncertainty for customers, but it is now working to bring the affec
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The Iconic boosts profit, margins as sales rise
Online fashion retailer The Iconic has posted a significant uplift in profitability amid steady sales growth in the fiscal first half. The company saw its adjusted earnings before interest, taxes, depreciation, and amortisation (EBITDA) soar approximately
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Why AI may make retail's frontline employees more valuable, not less
Within retail, there is much debate around whether unmanned stores and AI can potentially replace frontline labour. But the experience of Alex Ng, co-founder and CEO of Intellify, has led him to a different conclusion: AI may be more useful in removing ro
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Why American back-to-school shoppers are hesitant to buy this season
US families are expected to spend a record US$43.3 billion on back-to-school shopping this year, but the headline figure disguises a more cautious consumer. In fact, most of the increase is being driven more by higher prices than stronger consumer sentime
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Why On had a good quarter, yet its shares had a terrible day
The Swiss running brand On posted the fattest profit margin in the sportswear industry, raised its profit forecast for the year, and then watched its stock fall as much as 22 per cent to a two-year low. Sales in the three months to June 30 rose 13.5 per c
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