Retail in Asia

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Man from Maccas has new-look Kmart sizzling

Guy Russo is a newcomer to the retail game but has, in just over a year, managed to instigate one of the fastest corporate turnarounds in recent history. 

From humble beginnings flipping burgers in McDonald’s Russo is now CEO for Kmart and has taken the company from annual losses to the verge of expansion through initiatives to cut loss-making lines, reduce warehouse costs and expand operating hours.