Posts

Showing posts from August, 2023

THE EMERGING FRANCHISE TRENDS OF 2023

Image
In 2023, franchise trends are shaped by evolving consumer preferences and market dynamics. Virtual reality gaming centers and tech-driven concepts gain momentum, offering immersive experiences. Health and wellness franchises continue to flourish, spanning personalized fitness and organic food options. Eco-consciousness drives franchises focused on sustainability and eco-friendly products. The gig economy's influence is seen in micro-franchising, enabling low-cost entry. Co-working space franchises cater to remote work demands. Personalization is key, with customizable products and services on the rise. These trends reflect an adaptable franchise landscape, catering to modern demands while offering innovative, customer-centric opportunities. https://www.franchise2sell.com.au/blogs/franchise/the-emerging-franchise-trends-of

Moving Your Business: Tips For A Smooth Office Relocation

Image
 Relocating your business demands strategic planning for a seamless transition. Start by forming a dedicated moving team to oversee the process. Develop a detailed timeline and checklist for tasks, from notifying clients to transferring utilities. Collaborate closely with professional movers experienced in commercial relocations. Design a floor plan for the new space to optimize functionality. Label and organize equipment and documents meticulously for easy setup. Update your online presence and inform stakeholders about the move. Communication and coordination are key; maintaining a sense of normalcy during the transition ensures a smooth office relocation while minimizing disruption to business operations. https://www.betterremovalistsgoldcoast.com.au/moving-your-business-tips-for-a-smooth-office-relocation/    

Amazon starts construction on giant robotics warehouse in Melbourne

Image
 Amazon is boosting its fully automated warehousing capabilities in Australia after starting construction of its second robotics fulfilment centre at Melbourne to complement its existing facility in Sydney. The new centre, located at Craigieburn in Melbourne’s north, will span 209,000sqm across four levels and top the size of its existing Sydney facility by about 9,000sqm with the company describing it as the largest warehouse ever built in Australia. The size of the warehouse compares with the Myer Holdings’ (ASX: MYR) 40,000sqm automated warehouse facility completed last year at Dexus Property Group’s (ASX: DXS) Horizon 3023 industrial estate in Ravenhall. The Melbourne warehouse will be the sixth facility established by Amazon in Melbourne since it entered the domestic market in 2017. The robotics fulfilment centre is being developed at the AustralianSuper-owned Craigieburn Logistics Estate and is expected to be completed in 2025. The facility will store up to 25 million smaller ite

Myer’s shares take a hit as sales growth slows to a crawl

Image
  Myer Holdings (ASX: MYR) has forecast a marginal lift in sales for the second half in the latest sign that consumers are tightening their belts, but the department store operator is still expecting a healthy lift in net profit for the full year. That didn’t stop investors heading for the doors as Myer’s share price slumped more than 14 per cent on the news. In a trading update issued to the ASX this morning, Myer says total sales for the second half of FY23 were up just 0.4 per cent, reflecting a tougher retail climate. However, despite the headwinds the company says it expects full-year sales for FY23 of $3.36 billion, up 12.5 on the previous year. Net profit after tax is forecast to land between $69 million and $73 million, which is up between 15 and 21 per cent compared with FY22, marking a continued run of growth for the company. The forecast result shows that most of Myer’s profits were generated in the first half, as NPAT for the second half is likely to shrink to between $4 mi