The Australian Competition and Consumer Commission (ACCC) is set to intensify scrutiny of major supermarkets and retail sectors in the coming financial year, following a surge in consumer complaints and a $30 million funding boost. Chair Gina Cass-Gottlieb announced that tackling the cost-of-living crisis remains a key priority, with a focus on dominant supermarket chains […]
ACCC to Intensify Scrutiny on Supermarkets and Retail Read More »
Running an independent retail business comes with constant financial pressures. Rising costs can eat into profits, making it crucial to find ways to save money without lowering the quality of your products or customer experience. Here are three effective cost-cutting strategies that won’t harm your brand or reputation. 1. Streamline Supplier Costs Review your supplier
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In the world of independent retail, loyal customers are the foundation of success. They not only return time and again but also act as ambassadors for your business by recommending you to others. Here are three proven strategies to build lasting customer loyalty. 1. Know Your Customers Personally As a small business, you have a
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Running an independent retail business can be both rewarding and challenging. With increasing competition and rising costs, small business owners must adopt smart strategies to maximise profits while keeping operations efficient. Here are three practical tips to help you thrive in today’s competitive market. 1. Focus on Customer Experience Delivering an exceptional customer experience is
Boosting Profitability: Simple Strategies for Retail Success Read More »
In today’s competitive landscape, cultivating a robust network is not merely a “nice-to-have” but an essential ingredient for business success. Whether you’re just starting in business or a seasoned business owner, building meaningful relationships can open doors to opportunities, resources, and collaborations that drive growth and resilience. Why Networking Matters Networking is not about collecting
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In the ever-evolving retail landscape, finding innovative ways to engage your customers can make all the difference. One creative and increasingly popular strategy is hosting a pop-up event at your supermarket. Pop-up events are short-term, experience-driven gatherings that give customers a unique reason to visit your store. These events not only create a buzz in
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As sustainability becomes a priority for consumers, supermarkets have a unique opportunity to make a positive impact on the environment while also appealing to eco-conscious shoppers. Introducing eco-friendly initiatives can not only help reduce waste but also position your supermarket as a forward-thinking, community-focused business. Here are a few simple yet effective ways supermarkets can
How Eco-Friendly Practices Can Benefit Your Supermarket and Community Read More »
For supermarkets, building a strong customer base often means appealing to families who do their weekly shopping together. Creating a welcoming, family-friendly environment in your store not only enhances the shopping experience for parents and children but also encourages customer loyalty and repeat visits. Here’s how to make your supermarket the go-to spot for families
5 Ways to Create a Family-Friendly Experience at Your Supermarket Read More »
Seasonal changes affect nearly every industry, and supermarkets are no exception. From summer fruits to winter soups, customers’ shopping habits shift with the seasons. Preparing your supermarket to handle seasonal trends can make a noticeable impact on your bottom line, even helping you thrive in traditionally slow months. Here’s how understanding and anticipating seasonality can
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Managing cash flow is critical for any business, and supermarkets are no exception. Ensuring enough cash to cover day-to-day expenses while also planning for future growth can be challenging. Effective cash flow management will not only keep your supermarket running smoothly but also allow you to reinvest and grow. Here are five tips to optimise
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In today’s competitive retail environment, independent supermarkets must go above and beyond to keep customers returning. One of the most effective strategies to foster repeat business is implementing a loyalty program. Loyalty programs can help create a sense of exclusivity, reward frequent shoppers, and encourage long-term customer relationships. Here’s how introducing or refining a loyalty
How to Boost Customer Engagement Through Loyalty Programs at Your Supermarket Read More »
Running a supermarket can be just as tricky as it is rewarding. To help with the process, here are our top 5 do’s and don’ts of running a successful business. Do: Be Innovative and Creative Innovation is critical in making your supermarket stand out above the rest. Be creative and look for fresh ways to
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Supermarkets are vulnerable to armed robberies due to the accessibility of cash and valuable goods on hand. However, with proper planning and implementation of security measures, these incidents can be prevented or minimised. Here are some top strategies for preventing an armed robbery at a supermarket: 1. Invest in High-Quality Surveillance Systems: Installing a state-of-the-art
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