Retailers are already really good at automating their back-office operations and have proven themselves more than keen and willing to invest in technology that will drive productivity and efficiency, especially when eliminating manually-intensive and error-prone human tasks. Sign up for Which-50’s Irregular Insights newsletter They have no problem spending money
Melbourne-based Adore Beauty has made a half-million dollar investment in warehouse management software to reduce the amount of packaging it uses. What’s more, automation is expected to bolster the company’s growth for the next five years. The solution chosen was HighJump. Kate Morris, CEO and founder of the beauty ecommerce
Bricks-and-mortar retail stores are under intense pressure from online competition. Feeling the most heat are clothes shops and department stores. Sign up for Which-50’s Irregular Insights newsletter This year David Jones’s profit halved, to $64 million. Myer declared a “disappointing” $486 million loss. German giant Esprit, whose global sales have
When it comes to online shopping, and despite the wide variety of opportunities Australian customers demonstrate a clear preference for particular types of purchases. According to the 2018 SAP Consumer Propensity Report, travel, fashion and entertainment top the online shopping list. Among those surveyed, 72 per cent are buying flights,
Imagine a market of 800 million hugely empowered consumers. What sort of retailer will that produce?
Anyone who has been there will know this, but the data in Alibaba’s IPO documentation seems to confirm that the commercial impact of online transactions might be profound in China. Despite the astonishing pace of change since Deng Xiao Ping first braved the potential of market-based economics, China has nothing