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Retail Update

by Suzie McInerney

Retail news


Amazon goes on hiring spree as it prepares for Australian launch

  • Amazon is officially on a hiring spree, with more than 100 roles advertised in IT, marketing, sales and HR.
  • To house its expanding workforce, Amazon has leased extra space at the Sydney office it opened last year; its staff now occupy five floors of the 47-storey tower at No. 2 Park St.
  • Among the roles listed are those that explicitly reference Amazon Fresh, the company’s first official confirmation that the innovative supermarket offering’s Australian launch is imminent — with bricks-and-mortar grocery stores expected to be a part of a strategy, which will be unveiled next year.

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JB Hi-Fi appoints non-executive director

  • As of March 13 2017, JB Hi-Fi will welcome Mark Powell as a non-executive director.
  • He has over 30 years of experience in retail, wholesale and logistics, having held senior positions with retailers such as Warehouse Group and Tesco.

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How Alibaba plans to shake-up the retail landscape by opening an Australian headquarters

  • Chinese e-commerce giant, Alibaba Group, has opened headquarters in Melbourne, led by Australian and New Zealand managing director, Maggie Zhou, who will be supported by a local team.
  • Zhou and her team have been operational in Australia for nine months, introducing new brands to Alibaba’s platforms and supporting existing clients with the challenges of operating abroad.
  • “A physical Alibaba headquarters is a key step in ensuring Australian businesses have the support and information they need to succeed in China and the rest of the world,” Zhou said.

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Aldi plans to open 24 stores in four years

  • Aldi has kicked off its four-year expansion plan with the company announcing 14 new stores in Western Australia and 10 more in South Australia.
  • This will bring the store footprint to 33 in Western Australia and 28 in South Australia.
  • Western Australia will see up to 70 stores developed across the state, with 1,200 new permanent jobs to be created state-wide over the coming years. South Australia will see in excess of 50 stores developed across the state, with up to 900 new permanent jobs to be created state-wide.

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Kathmandu says first half profit rises

  • Adventure gear retailer, Kathmandu Holdings, said first-half profit was slightly higher from a year earlier, partly bolstered by solid same-store sales growth.
  • Net profit was $9.9 million on year in the six months to January 31, versus $9.4 million a year ago.
  • Total sales were about $196.3 million compared to $196 million for the comparative prior period. The same-stores sales growth, which is calculated for the 26 weeks to January 29, was up 3.4 percent on a constant currency basis.

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For further industry insights, get in touch with a retail specialist