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In its full year report presentation, H&M has revealed “mixed” online and in-store performance across its global network, with up to 160 stores now on the chopping block.
Alibaba Group has announced the launch of its strategic partnership program, A100.
To keep up with rising customer expectations, Australian retailers are reportedly investing heavily in digital capabilities – with global investments tipped to grow 3.6 percent in the next 12-months.
Although the impact of digital transformation is not new, the retail industry is entering a new age that presents unprecedented challenges for all CEOs.