On Friday, June 2nd, the Fair Work Commission released its annual wage review decision. The Commission has chosen to raise the minimum wages in all modern awards by 5.75%. These increases will go into effect from the first full pay period starting on or after July 1, 2023. Additionally, the National Minimum Wage has been […]
12 Retail Checkout Counter Ideas to Try in Your Store
Your checkout area is a critical part of your retail store — and it’s not just because it’s the space where you ring up customers. With the right approach, your cash wrap can also drive sales, increase exposure, and give shoppers a lasting impression. Let’s have a look at some of the ways you can […]
Multi-Channel Retailing: A Quick Guide for SMEs
If you’re interested in knowing more about diversified retail, this guide is for you. Multi-channel retailing As with any business term, multi-channel means different things to different people. So, what do we mean by multi-channel retailing? Multi-channel retailing is when a company provides numerous ways for customers to purchase goods and services at all touch […]
HomeRetail Tips & Trends How to Create a Workplace Culture that Attracts and Retains the Best Employees
So to help you better understand the topic, and, more importantly, enable you to improve the culture in your company, we caught up with Retail Culture Consultant Beth Boyd. Beth helps retailers drive employee engagement and workplace happiness through building a culture that retains and recognizes top performers and attracts top talent. She’s also the […]
Three Lessons Retailers Can Learn from Craft Brands
Brands were at the mercy of retail buyers, leading to bidding wars between those that favored big brands with the budget and scale to slash prices, instead of the brand with the best product. But in today’s multi-channel world, the power has shifted and consumers are setting trends rather than just following them. Because of […]
5 Brick and Mortar Stores That Prove Physical Retail Isn’t Dead
We hear about numerous store closures and buyouts, and there seems to be a general loss of confidence in physical retail. But here at Vend? Our belief in brick and mortar stores is stronger than ever. Yes, there have been several closures and not-so-great news about physical retail, but, don’t let all the negative news […]
6 Retail Books You Need to Read
This kind of educational wealth is, of course, wonderful — but it can be tricky to know what to pick out of the pile first. To get you started, we’ve compiled a list of 6 retail-centric books you need to add to your list. Check them out below, along with quick blurbs from the authors […]
5 Subtle Signs That Your Retail Store Is in Trouble (and What to Do About Them)
According to the tale, “if a frog is put suddenly into boiling water, it will jump out. But if the frog is put in tepid water which is then brought to a boil slowly, it will not perceive the danger and will be cooked to death.” While we don’t know if this is scientifically correct, […]