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Out of stock items mean ‘no sale’. Empty shelf spaces scream ‘wasted opportunities’. Not enough staff on the floor to help customers search for missing items, or retrieve more stock from storage, results in lost revenue.
Rice, pasta, noodles, spreads, pies, beers and gluten free products – the FMCG team has some very exciting features planned for the next issue.
Kiwi shoppers are voting with their feet as many say they’d rather leave their favourite store than pay a credit card surcharge according to a new retail survey.
Electronics company Toshiba has unveiled a new device that has the capacity to identify fruit and vegetables at the checkout without referring to barcodes.
Australian based retailer, Woolworths has reported a 16.8% decline in first half profits thanks to restructuring and selling its Dick Smith chain. The company is claiming the Dick Smith problems cost it A$300 million.
Auckland mother, Sarah King has taken out the winning title for Best New Business 2011 at the Bloom Her Business Awards for her niche market store, Gluten Free Grocer.
Wild South has released its 2010 Marlborough Chardonnay, a wonderfully full-bodied and lusciously fragrant wine from Marlborough winemaker Christie Brown. The Wild South Marlborough Chardonnay is sourced from the estate vineyards in the Wairau Valley. According to Brown, the vintage has a clean elegance which has resulted in a chardonnay that is tropical and fresh with purity [...]
The electronic payments sector is due for a shakeup with the launch of a new service for merchants that puts EFTPOS terminal rental costs firmly where they should be – onto the consumer. Using clever thinking, smart software and a supportive bank, new company Integrated Payments Limited (iPayments) has created a service that automatically surcharges [...]
MasterCard Worldwide and ANZ have announced plans to conduct a trial enabling retail payments with mobile phones. Using near field communication (NFC) contactless payment technology, this is the first time the concept has been available for trial in New Zealand; and will involve a select group of ANZ staff being issued with either a contactless [...]
Will the decision by Woolworths to run with RFID become known as Woollies’ Mistake, or, given its Australian base, Woollies’ Cock-up? The decision to back the slow-to-action RFID technology in its upgrade of transaction systems certainly looks like an ill-considered move in the wake of the G1-Australian Food and Grocery Council support for mobile access to existing barcodes.
The staged process of disconnecting out-dated EFTPOS terminals that began last Wednesday has prompted over 200 retailers to upgrade their technology in advance of the second phase of disconnections.
Australasian retail operators Woolworths, which owns New Zealand’s Woolworths and Countdown chains, has been ranked as the 20th largest retail company in the world, according to the latest Global Powers of Retailing report.
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