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Guzman Y Gomez set for $2.2 billion IPO 

Inside Retail

Fast food restaurant chain Guzman Y Gomez is planning an IPO on the ASX next month at a $2.2 The firm plans to use the float proceeds to fund growth and network expansion in Australia. Founded in 2006 by New Yorkers Steven Marks and Robert Hazan, Guzman Y Gomez has more than 170 locations in Australia. billion valuation.

Expansion 263
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Inside Guzman y Gomez’s plan to reach $500 million in revenue

Inside Retail

Mexican fast food chain Guzman y Gomez (GYG) is planning to open an additional 30 drive-thrus in Australia over the next 12 months, which will bring the company’s total store count to over 180 locations across Australia, Singapore, Japan and the US. His goal is to turn GYG into the best restaurant company in the world. “It per cent. “I

Planning 237
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Afends opens two stores in Sydney, including CBD flagship

Inside Retail

Streetwear fashion label Afends is expanding its footprint by launching two stores in Sydney, including a store in The Galleries and a concept retail location on Newtown’s King Street. It is planning to launch in the US. . Afends at The Galleries. Afends at The Galleries.

Concept 246
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7-Eleven parent to sell Sogo & Seibu for US$1.4 billion – report

Inside Retail

Yodobashi will also open stores in several Sogo & Seibu locations in the country. Seven & I announced its plan to sell the chain to focus on its convenience store and supermarket businesses earlier this year. Sogo & Seibu, previously known as Millennium Retailing, was acquired by Seven & I in 2006.

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Uniqlo’s US expansion: Has the parent learned its lessons?

Inside Retail

Fast Retailing, the parent company of Japan apparel retailer Uniqlo , has announced the locations for 11 new stores in the US, on its way to a target of 20 openings in North America this year, which in turn is the first instalment on its plan to reach 200 stores in 2027. It needed flagships in high-profile street locations.

Expansion 273
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How Gami Chicken’s growth strategy will lead it to be a $60m business

Inside Retail

Gami Chicken is targeting 15 per cent year-on-year in-store revenue growth, is on track to grow to 42 locations by the end of 2023, and has grand plans for 2024. The Aussie-born Korean cuisine chain launched in Melbourne in 2006. Jun Lee, Gami Chicken’s executive director, said “In 2023, the dine-in category made up 54.7

Strategy 130
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Sheike to enter South Australia in major bricks-and-mortar push

Inside Retail

Women’s fashion brand Sheike has announced plans to open its first store in South Australia off the back of strong online engagement in the state. Located in the City Cross arcade on Rundle Mall in Adelaide, the store is expected to launch in the middle of this year.

Fashion 130