Why are we dubious about deep learning?
The prospect of deep learning gives those of us in the industry something to get really excited about, and something to be nervous about, at the same time.
Former Kmart GM of marketing takes up non-executive board role with ASX-listed discount retailer
Michele Teague has left her role as head of marketing at Kmart and taken up a non-executive director’s position at ASX-listed discount retailer, The Reject Shop.
Teague joined Kmart as GM of marketing in February 2015, working across the low-price department store during a time of successful transformation of the business. Prior to this, Teague was GM of marketing at Metcash for food and grocery for two years. Upon relocating to Australia in 2011, she worked on the agency side of marketing, with a brief stint as managing director of The Campaign Palace.
Previously, while in New Zealand, Teague held a number of marketing management roles at Restaurant Brands, Air New Zealand, Pacific Retail Group and Woolworths.
In a statement, The Reject Shop’s chairman, Bill Stevens, confirmed Teague joined the board of directors on 18 September and highlighted an ongoing commitment to building a skills base and diversity that could support continued growth of the retail group.
“Ms Teague has a deep understanding of the challenges of ‘meeting the market’ as well as driving operational efficiency and implementing new concepts in the retail space,” the statement read.
Teague isn’t a stranger to boards, serving as a non-executive member of industry associations as well as a non-executive director at the New Zealand Rugby League.
In revealing her latest role on LinkedIn, Teague said she was excited about taking on a “new adventure”.
“With 345 stores and about $800 million in sales, it’s an Australian success story in discount retailing,” she said. “I am looking forward to meeting the team and my first board meeting next week.”
Kmart has not yet confirmed Teague's replacement or plans for the GM of marketing role.
In its most recent financial report for the year to 30 June, The Reject Shop reported sales of $794 million, a 1.2 per cent increase based on a 52-week year-on-year comparison. EBITDA and net profits were also up by 13.4 per cent and 27.8 per cent, respectively to $38.3 million and $12.3 million.
In his statement to the market, managing director, Ross Sudano, said the business had continued to perform well in an extremely challenging retail environment but said weak consumer confidence and some execution issues around merchandising were key areas for improvement over the coming year.
A number of actions were cited, including better management of promotional activity and frequency of change in-store, as well as reinvestment into key everyday lines.
Teague’s appointment to The Reject Shop’s board followed the departure of Melinda Conrad on 30 June. Conrad had served on the retailer’s board since 2011 and opted to stand down as part of a restructure of her overall board portfolio.
More on Kmart's transformation strategy:
Follow CMO on Twitter: @CMOAustralia, take part in the CMO conversation on LinkedIn: CMO ANZ, join us on Facebook: https://www.facebook.com/CMOAustralia, or check us out on Google+:google.com/+CmoAu
The prospect of deep learning gives those of us in the industry something to get really excited about, and something to be nervous about, at the same time.
In 1976 Apple launched. The business would go on to change the game, setting the bar for customer experience (CX). Seamless customer experience and intuitive designs gave customers exactly what they wanted, making other service experiences pale in comparison.
Many business and marketing managers progressing to leadership positions face evolving their focus from operational matters to strategic decision making and planning.
In this bonus last episode of this new podcast series, BrandHook MD, Pip Stocks, talks with former ANZ group general manager of marketing, Louise Eyres, talks about the importance of thinking like a customer and using intuition to solve customer painpoints.
Do you need a loan to pay off your credit or debit? Do you need financial help to set up your own business? Do you need a loan to carry o...
NORA
Facebook: Friction is costing Australian businesses $29 billion a year
Thanks for writing about chatbots. Definitely bots have the exciting future when it comes to customer engagement, transactional and conve...
Sanket Nair
7 businesses successfully implementing chatbots
Interesting article but what about the employees? There needs to be access to quick cash for everyone involved lest we have yet another '...
Joel Pencer
Suncorp outlines customer investments, digitisation as key to business improvement
Just printed out this Brad Howarth screed to read tomorrow. I need a good laugh once in a while. Or maybe shed some manly-man tears at th...
Larry A Singleton
What a diversity agenda has done for Kellogg's staff and innovation engagement
Morons. PC Nazis infiltrating and subverting every level in our lives.These scum have destroyed our education system.Read FrontPage Magaz...
Larry A Singleton
What a diversity agenda has done for Kellogg's staff and innovation engagement