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Writer's pictureJuanita Neville-Te Rito

ICYMI and what we are reading - November 2024


In Case You Missed It

We make it easy for you to keep up to date with what's happening in the world of retail. Check out what we are reading this month and why.


If you're after more frequent updates about what is happening in the world of retail and CX, give us a follow on LinkedIn: RX Group


 

Harvey Norman and Latitude to appeal ASIC 'misleading conduct' findings


Harvey Norman Store Front

Harvey Norman and Latitude Financial Services will both appeal a Federal Court ruling against the pair, which found both guilty of misleading consumers for advertising a 60-month interest-free and no deposit payment methods that in fact required consumers to take out a credit card to purchase the goods. 


 

The staying power of online shopping


New Zealand Online Shopping Stats

Shoppers spent $1.5 billion on online physical goods in the third quarter of 2024 (Q3 2024), up 1% from the same period last year (Q3 2023). This growth was driven by an 8% increase in the number of online transactions and offset by a 6% decrease in the average amount spent on each transaction. 

 

1receipt onboards Coles as first major retail partner


Cole Receipts

Shoppers can now link their Coles account to 1receipt and at checkout, scan a single barcode from the app or digital wallet to receive a paperless receipt, all within 1receipt.

 

Rip Curl is rewarding loyalty points for going surfing


Surfer surfing

Loyalty programs are evolving beyond giving points for purchases, rewarding activities and engagement. Participants earn points when they go surfing, collecting 200 points for every wave they catch, provided they’re wearing a Rip Curl Search GPS Watch, which logs waves ridden. 

 

Retail operations: The changing art of merchandising


UK Based Frasers Group Buys $165m Accent Group Stake

Retailers are overhauling their merchandising practices with fresh layouts, emphasising brands, and new technology. 

 

What we are reading


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