Did supermarkets really think they could expect customers to work for free by processing their own checkouts? Apparently so, which has only fueled grocery theft which has quickly become the biggest problem faced by retailers while also promoting investment in loss prevention tech offered by RocketBoots (ASX: ROC). The need for robust loss prevention solutions
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Only 9% of global plastic waste is recycled. The rest is mismanaged, dumped into the oceans, landfilled or forgotten. And it’s not getting any better. Plastic pollution is set to increase, more than doubling by 2030. Recognising the urgent need to develop a fix, sustainable packaging manufacturer SECOS (ASX: SES) is launching a new 95%
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Are brick and mortar stores really dying? It sounds like a morbid thought, but it is becoming way too real for shopping centre chain Vicinity Centres (ASX: VCX) that might be losing its customers to online shopping post Covid. The Company reported that fewer businesses are renewing their leases, with only a 0.1% increase in
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Bid adieu to Coles Express stations and retail stores, as soon they will all spell out Viva Energy. In a strategic move for both companies, Coles Group (ASX: COL) has agreed to sell its petrol stations to oil refinery Viva Energy (ASX: VEA) for $300 million. While Viva will use this opportunity to become the
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Lettuce is the new lobster. What was once the blasé addition to a McChicken is now as rare as hen’s teeth, and if you can get it, expect to pay. The same goes for numerous grocery essentials thanks to inflationary pressure, COVID related supply issues and the Ukraine situation. As we see an increasing portion
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Amid a global shortage of milk powder and infant formula, dairy company Halo Food Co (ASX: HLF) has taken a conservative approach to secure a large chunk of their revenue through a contract extension with Coles Supermarkets (ASX: COL). The 2-year contract extension is valued around $9.5 million and will see Halo supply Coles with
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