Retail & eCommerce Update: Sep 21 - Australia (5 stories)

Kmart found to have breached customer privacy with facial recognition tech to catch refund fraud

Kmart Australia has landed in the same hot water as Bunnings late last year after the Privacy Commissioner found the retail group breached the privacy of customers when it deployed facial recognition technology to identify people committing refund fraud between 2020 and 2022. Privacy Commissioner Carly Kind says Kmart had breached the law ...

Retail crime numbers surge, driven by a 141% increase in liquor theft

New data shows retail thefts have spiked 30% in a decade, with incidents involving stolen alcohol increasing by more than 140%. The post Retail crime numbers surge, driven by a 141% increase in liquor theft appeared first on SmartCompany.

How the cost-of-living crisis is rewriting the rules of grocery shopping

“Almost half of all shoppers now rank “cheap price” as their top consideration when buying.” The post How the cost-of-living crisis is rewriting the rules of grocery shopping appeared first on Inside FMCG.

CONNETIX owner Brave Toys acquires full stake in My Creative Box

The Perth-based parent company behind magnetic tile brand CONNETIX has bolstered its presence in the educational toy market as Brave Toys takes full ownership of My Creative Box, following more than a year of collaboration and a standout joint showcase at the London Toy Fair earlier this year.  Brave Toys initially acquired a 50 ...

Yesway revives IPO plans, aims to raise $300 million - Bloomberg