This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The arrival of the first Australian location in 40 years will kickstart national expansion. It acquired the license in June 2023, adding 260 locations to its portfolio which now extends to more than 2900 restaurants across seven brands, generating US$5 billion sales. Five Guys hit the Australian market in 2021.
Yum China, which spun off from Yum Brands in 2016, operates six restaurant chains in about 2200 towns and cities in China, employing around 400,000 people. We plan to expand the model to 1300 locations by the end of 2025. Ding noted that China is still a very big market.
“Economic conditions resulted in some underperformance in the group and there was an inability to find funding for the group’s pipeline to achieve scalability in the Australian market,” the spokesperson told Franchise Executives. The US brand launched here in 2016 choosing a Central Coast location to kickstart its growth.
The new Lukumades Singapore store is a vegan-friendly and Halal-certified location. Founded in 2016 in Melbourne, Lukumades is known for its loukoumades, which are bite-sized Greek doughnut balls. The brand’s overseas markets include Malaysia, Indonesia, and Taiwan.
Katy Barfield founded Yume, a food redistribution platform designed by the industry for the industry, in 2016. Finding the root cause According to Barfield, Australias geographical location plays a large role in the industrys waste crisis. million tons of food waste generated annually. There can also be mistakes in manufacturing.
After three years of continuous pop-up store activations, Australian athleisure brand Stax last year opened its 12th permanent retail location and flagship store at Sydney CBDs Westfield Sydney mall. The new retail vision marks a bold step in Staxs journey of redefining what a retail space can be in the competitive athleisure market.
It is removing all non-electric bikes from its offering and reversing course on its direct-to-consumer strategy as it looks to expand its market share. In 2022 I went to Brisbane and scouted the location there and we started straight away,” Niels Bark, Lekker’s CEO, told Inside Retail. “We It’s quite hard.
Still a relative newcomer to the global beauty industry, Freshly Cosmetics was established in 2016 and has already been used more than a million people across 20 countries throughout Europe as well as China. The brand has a very clear vision and purpose and the company are led and guided by pioneers in R&D for natural cosmetics.
The two decided to fill in the white space themselves and started with a small booth at an independent fashion market. Over the past 10 years, the team has focused on growing in the US market. With the right design formula, sales from the US market have exponentially grown to where they now make up nearly half of Farm Rios profits.
Located about 15km southeast of Melbourne’s CBD, Morris Moor is well placed to tap into the growing demand for city-style dining, shopping and working options in the suburbs, as offices continue to embrace telecommuting beyond Covid-19 lockdowns. Get people off the couch and into stores.
Siam Piwat marketed the whole shebang as Amazing Thailand Countdown 2025 and claimed 30 million viewers, not implausible in a nation of more than 70 million on New Years Eve.
Last week, Amazon -owned grocery chain Whole Foods announced the launch of a new format store, Whole Foods Market Daily Shop, to make grocery shopping more convenient for urban consumers. The first location is expected to open in New York City later this year. Can Whole Foods successfully launch a small-scale grocery store chain?
The 7-Eleven Holdings board’s decision to seek a buyer for its network of about 750 retail outlets continues a seismic restructuring of the convenience retail market in Australia. 7-Eleven has indicated a $2 billion price tag for its 9 per cent market share in fuel sales and market-leading national convenience store network.
Earn-out structures, while uncommon in the consumer and retail sector, are increasing in frequency in a challenging market for mergers and acquisitions as a way to reconcile price differences. Roark took the view that the restaurant market is too fragmented for the deal to raise competition concerns, the sources added.
Global sneaker resale site StockX has opened its first Australian authentication centre in Melbourne as it looks to improve the buying and selling experience for local users in an increasingly competitive global sneaker market. In many cases, you can pay for at least two of them when selling the third in the resale market.
Compared to its sister brand Kmart, which has seen its market share grow exponentially in the past decade, Target has been suffering a slow decline, with its position in the middle of the market – not quite as value-based as Kmart, and not quite as high-end as Myer – making matters worse.
We also opened stand-alone stores in Los Angeles and New York in 2016 and 2017. IR: You recently announced plans to open a number of new stores in the US, UK, and Australia, marking your return to the Australian market as a stand-alone retailer. CK: We’re still trying to find the right location.
It wasn’t even necessarily a scan and pick-by-location system, it was almost paper-based. Founded in 1985, Taking Shape is the market leader in the plus-size fashion space in Australia and New Zealand, with around 150 bricks-and-mortar stores across the two markets, including about 60 concessions in Myer department stores.
Born in Thailand, Lisa has been a member of the Korean girl group Blackpink since 2016. Although the two have not officially confirmed their relationship, they have been spotted dating in various locations since 2022. The group has had chart-topping hits that have resonated with millions worldwide.
In the spring of 2016, the two opened the first location of The Ripped Bodice, one of the first and only romance-focused bookstores in the US, in Culver City, California. Inside Retail : You and your sister originally launched The Ripped Bodice in 2016 in Los Angeles.
Perspex Distribution opened its first branch in Chelmsford, Essex, in October 2003, since then it has successfully expanded its product range and branch locations, successfully catering to a diverse range of UK industries, from signage and print, to construction and precision fabrication.
A $250 million development plan is set to transform a 3.6ha Adelaide plot into a modern food and retail-oriented mixed-use centre featuring apartments and a piazza-style market square. The project, dubbed ‘Locale’, will be built on the former site of furniture store Le Cornu which ended operations in 2016.
Nine CEO Mike Sneesby pitched it as a “10-month marketing platform” for brands starting with the Road to Paris, the Gangwon Winter Youth Olympic Games in January, running all the way through to the Paris Olympic Games and culminating with the Paris Paralympic Games in September. And the cost for that marketing platform isn’t cheap.
Goldfield & Banks officially launched in 2016 and quickly landed shelf space in prestigious retailers, namely Barneys New York prior to its bankruptcy filing in 2019, Harrods in the UK and David Jones in Australia. It was nostalgic when I spent time with Dimitri and his passion for celebrating Australian ingredients; it really hit home.”
According to Statista, the global pharmacy market is projected to reach an impressive USD 1.52 billion in revenue in 2025, highlighting its substantial contribution to the global market. Moreover, the pharmacy market is projected to generate USD 194.58 trillion in revenue by 2025.
Following the demise of the Woolworths pick n mix concession, the sisters were keen to bring their own cultural take on the concept to the UK, envisioning a niche in the market for an original, more sophisticated brand of confectionery retail. The brand opened their first store at this location in Covent Garden in 1981.
Iconic British retailer Marks & Spencer (M&S) recently opened the doors to its 16th store in Malaysia, cementing its already significant presence in the Southeast Asian market. Today, the franchise partnership boasts 46 stores located in Bahrain, Kuwait, Malaysia, Oman, Qatar, Singapore and the United Arab Emirates.
Aldi’s latest pop-up is the second effort the business has made to showcase its wine offering, having also launched a ‘futuristic’ wine store in 2016 which saw online wine sales jump 47 per cent according to Gorkana. This latest wine store succeeded in showing off Aldi’s goods – but it was also just good marketing. “It Private label.
Located on the corner of 15th Street and Ninth Avenue, the store's glazed facade looks onto the entrance of the popular Chelsea Market situated opposite. The large windows of the first Google Store look out onto Ninth Avenue in Chelsea. Photography is by Paul Warchol , courtesy of Google. Project credits: Architect: Reddymade.
Peer-to-peer fashion rental platform Designerex is looking to raise fresh funds to help it scale in the US and other global markets as it experiences record growth post-Covid. We do anything the customer wants in this market,” said Kore, who came in 30th in Inside Retail’s 2022 Top 50 People in E-Commerce. Where to next?
The opening of the Oslo Studio forms part of Lucid’s continued growth plans, providing conveniently located showrooms to support its international customers and their demand for sustainable luxury products. The City of Oslo is positioning itself as a leader in the transformation to a greener and more inclusive society.
Chinas Fashion Momentum Group (FMG) has opened its largest Urban Revivo store and the first Benlai store in Southeast Asia in the heart of the newly opened shopping precinct One Bangkok , signaling its bigger goal to increase its market share outside its home market. Our goal is to achieve full coverage of the Asia-Pacific market.
The Quad Lock Box will also be used to build relationships with relevant ambassadors, including a Q&A with F1 driver Oscar Piastri – interviewed by 2016 Australian rally champion and Quad Lock ambassador Molly Tylor – and well as members of the Red Bull Ampol racing team. Quad Lock has also received over 80,000 reviews on its website.
“SoHo is definitely back,” says Sophie Winckel, New York resident and Direct to Consumer and Concept Store Marketing Manager at Adidas (Portland, Ore.). And there’s data to back that up: Per commercial real estate brokerage firm CBRE, average retail rents in Manhattan have risen for the first time since 2016 to $607 per square foot.
Following the success of its ‘Certified Luxury’ and ‘Sell to Carousell’ programmes, Tan said that users voiced their desire for a wider selection of authenticated premium products, as well as the option to view large-ticket items in a physical location for added assurance. billion by 2026.
By 2016, Gymshark was labelled the fastest growing company in the UK – and, in 2020 was named the UK’s fastest-growing fashion brand globally , boasting an average increase in international sales of 115.7% over the previous two years.
Australian romance readers are propping up a flatlining national book market, according to journalist Melanie Kembrey. The overseas scene The return of the romance-focused bookstore began with the Ripped Bodice in Culver City, Los Angeles in 2016. Major bookstores now have dedicated romance shelving spaces.
There have been several innovations in markets where domestic and international travel is permitted. The categories and brands ranged will vary by location. Or Alibaba’s Freshippo omnichannel stores, which launched in 2016 and now number 200 locations across China. Travel retail isn’t dead. Move over Changi.
Here, we chat with Missfresh about how the DMWs operate, how it’s digitalising fresh markets and its plans for the future. In 2020, our market share of China’s on-demand DMW retail industry in terms of GMV was 28 per cent, ranked first in North China, according to iResearch. In June, the brand went public on the NASDAQ.
As the resale market continues to grow, leading fashion and sneaker reseller StockX is taking steps to improve the process of buying and selling authenticated, pre-owned products online. Rise of the resale market The launch of Xpress Ship comes as demand for pre-owned sneakers continues to rise.
The show prides itself on providing RACE-approved continuing education courses and organic networking opportunities in destination locations. In 2016, the show came to the U.S. You can request to view their show floor plan, but before you do, you may want to check our blog on how to select the perfect booth location first. .
In 2016, Wix launched an AI platform ADI (Artificial Design Intelligence) which builds sites “automatically” Shai says that over a hundred designers were involved in the creation of Editor X, so there was a constant “conversation” about designers’ thinking and how they work. .
Stephan Veyret : Starting out as an e-commerce sports retailer in Singapore, Decathlon Singapore became one of the pioneers in the omnichannel approach with the establishment of our first experience store at Bedok in 2016. IR: Will the Labs roll out elsewhere across Decathlon’s markets?
To reach displaced Ukrainians in Australia, eSuite plans to market it heavily through internal and external channels. Founded in 2016, the company employs over 220 people in Ukraine, and many of them remain in the country today. “I’d Why many are choosing to stay.
We organize all of the trending information in your field so you don't have to. Join 29,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content