Author Archive for Lauren Magner

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Retailing off: Fierce competition has forced prominent retail brands to fold

Retailing off: Fierce competition has forced prominent retail brands to fold

Weak retail conditions, high wage and rent costs, and fierce competition have been weighing on the clothing retail sector in recent years. This has forced many prominent brands across several…
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Rough patch: Pumpkin Patch loses out to cheaper retailers

Rough patch: Pumpkin Patch loses out to cheaper retailers

Pumpkin Patch Limited went into receivership on 26 October, and 27 of its 124 Australian stores will close by 15 November. The children’s clothing retail chain was founded in Auckland,…
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Credit crunch: New RBA standards aim to reduce card payment surcharges

Credit crunch: New RBA standards aim to reduce card payment surcharges

In May 2016, the RBA announced new standards relating to merchant surcharges on credit and debit card schemes after a review into card payment systems identified instances of merchants charging…
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Junk mail: Declining mail volumes have contributed to stamp price increases

Junk mail: Declining mail volumes have contributed to stamp price increases

Declining mail volumes over the past five years have led Australia Post to increase the price of stamps from 70 cents to $1.00 from January 2016 onwards. Mail volumes have…
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Fashion backward: Career progression increasingly difficult for fashion students

Fashion backward: Career progression increasingly difficult for fashion students

As school leavers prepare for the next step in their education, IBISWorld examines the challenges and opportunities for textile, clothing and footwear students. As enrolments climb, access to apprenticeships is…
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Tight squeeze: Global fast fashion giants put local retailers under pressure

Tight squeeze: Global fast fashion giants put local retailers under pressure

The entry of fast fashion giants H&M and Uniqlo to the Australian market is expected to place further competitive pressure on existing local retailers. As a relatively new concept in…
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Education industries adjust to funding changes

Education industries adjust to funding changes

In response to the Gonski review, Federal Government funding is moving away from higher education and towards schools. The start of the school year marked the beginning of a new…
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Fashion retailers migrate online to keep up with trends

Fashion retailers migrate online to keep up with trends

Bricks-and-mortar retailers have been slow to adopt multichannel strategies, overlooking the opportunities available in progressive online operations. Many bricks-and-mortar stores have lagged behind online-only, also known as pure-play, fashion retailers….
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Service stations and convenience stores battle the giants

Service stations and convenience stores battle the giants

The Australian Competition and Consumer Commission (ACCC) is nearing the end of its year-long investigation into fuel discounts offered by the two supermarket giants, warning that the discount schemes could…
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International fashion retailers enter the Australian market

A significant influx of international fashion giants, including Zara, Topshop and Gap, into the Australian market means competition is now fiercer than ever for local retailers. In the past, overseas…
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