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With about 350 staff entitlements to be paid for and no immediate store closures, the rescue plan for Oroton Group has been put in motion.
Get ready Australia! We are set to see more international entrants in our retail landscape in 2017, including China and Amazon, according to a recent retail report from Deloitte.
Deloitte's Australian Privacy Index shows retailers failing to build customer trust when it comes to data privacy policies and transparency of data usage.
Deloitte's 2015 holiday survey provides a range of insights into consumer habits in the lead up to Christmas. Power Retail has trawled the report for the key tips and trends.
Forty percent of retail bricks-and-mortar visits in Australia are influenced by digital engagement, behind the US at 49 percent and Canada at 41 percent.
Leveraging digital devices to enhance the in-store experience can help bridge the gap between the two retail worlds, as well as drive bigger conversions.
Deloitte's recently released 'Global Powers of Retailing 2014' includes a wealth of knowledge and insight into the international retail market, including rankings of the biggest players.