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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. Ding noted that China is still a very big market. And our market share, relatively speaking, is still very small, even though we are the biggest player in the market.

Marketing 130
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Why Dutch-style bike brand Lekker is embracing e-bikes and retail partners

Inside Retail

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. We also knew having a presence in Canberra, we couldn’t achieve that ourselves because the market is just a little bit too small to justify a Lekker store and these guys are great.”

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From bikinis on a kitchen bench to global resort wear brand, Bydee boomed 700pc

Inside Retail

To optimise the customer experience and business model Bydee’s UK site went live last week, with a few tweaks tailored to the northern hemisphere. This was achieved by tapping into the travel-inspired swimwear niche and pivoting the expansion to markets that resonated. We’re only as good as our last collection,” she added.

Fashion 263
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Can a smaller-format Whole Foods help Amazon win in the grocery market?

Inside Retail

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. Whole Foods Market Daily Shop is not the grocery retailer’s first foray into smaller storefronts. Amazon’s US$13.7

Marketing 130
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L’Oreal Group ANZ appoints Alex Davison as its new CEO 

Inside Retail

According to the group, Greece has continuously been among the fastest-growing markets in Europe under his leadership, with the company achieving three years of double-digit growth, and building market share in every business channel. Prior to that, he worked for Procter & Gamble for 17 years.

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

RetailMinded

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.

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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. 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. And because of the backbone of General Pants, we were able to do that.

Fashion 243