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Yum China’s winning formula: Lower-tier cities as key markets

Inside Retail

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. The company sold 250 million cups of KCoffee last year, up 30 per cent.

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Why Dutch-style bike brand Lekker is embracing e-bikes and retail partners

Inside Retail

In 2012 Lekker opened its North Melbourne ‘brand store’ and in 2016 expanded to Sydney, initially to a small store space before relocating to a much bigger space – being its current Sydney location with on-site service facilities, offices and the ability for customers to test-ride bikes. “In

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“It’s the right time to open some stores”: Ksubi CEO Craig King

Inside Retail

We also opened stand-alone stores in Los Angeles and New York in 2016 and 2017. The data shows that if you open a store in a location where you’ve already got some interest, it strengthens your sales. We want to be in locations where the local market can have easy access to Ksubi stores, but also where tourists can find us.

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Can a smaller-format Whole Foods help Amazon win in the grocery market?

Inside Retail

The first location is expected to open in New York City later this year. Whole Foods plans to expand this model to additional locations in New York City, before eventually expanding it to other metropolitan cities across the country. Can Whole Foods successfully launch a small-scale grocery store chain?

Marketing 130
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Innovative Services You Can Offer In Your New Retail Pharmacy

RetailMinded

According to News-Medical, between 2016 and 2019, researchers analyzed data from 46 pharmacies, encompassing 175 pharmacists across diverse retail settings. A curated supplement section staffed by knowledgeable professionals ensures that patients receive tailored recommendations that consider their medications and health goals.

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Vincent Van Duysen transforms Milanese palazzo into "sensual" Ferragamo store

Dezeen

The store is located within Palazzo Carcassola Grandi, which was originally built in the 15th century and now occupies a prime spot on Milan's Montenapoleone fashion street. The rest of the spaces are organised and designed to evoke the rooms of a grand villa, each with a unique character tailored to reflect the collections it holds.

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How digital payments can help businesses lead in customer experience

Inside Retail

Capturing transaction data can give businesses deeper insights into their customers, staff rostering and store locations,” says Adrian Yee, director client consulting, transaction banking solutions at Commonwealth Bank. However they can also be used to generate rich data that would otherwise be impossible to collect.

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