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How to manage change without burning out employees

Inside Retail

In the past three years, the average employee experienced 10 planned enterprise changes, up from two in 2016. Its exhausting and the Harvard Business Review tells us that employees willingness to support enterprise change collapsed to just 43 per cent in 2022 compared to 74 per cent in 2016. Language matters.

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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. Strategy paid off Yum Chinas strong performance comes against the backdrop of Chinas challenging economic environment. Further reading: How Yum Chinas growth strategy is paying off.

Marketing 130
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Farm Rio CEO Fabio Barreto on how the brand’s bold approach is winning customers

Inside Retail

The brand has no plans to stop there. Barreto said the brand plans to catch up with its fashion peers that derive at least 30 percent of business from bags, footwear and additional accessories, which currently account for about 5-10 percent of Farm Rios business.

Fashion 130
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How Indonesian D2C brand Saturdays is changing the eyewear game

Inside Retail

We chat with co-founder Rama Suparta about the brand’s omnichannel strategy and its new mobile app and try-on service. IR: How would you describe Saturdays’ omnichannel strategy? RS: Saturdays has been leading the direct-to-consumer (DTC) revolution in Indonesia since introducing its eyewear in 2016.

Expansion 264
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Meet the power couple behind Stax and Secondleft

Inside Retail

The stores opening represents more than a milestone in Staxs physical retail expansion; it is the culmination of years of strategic planning, innovation and adaptability. When Matilda first met Don in 2016, I had absolutely no interest in Stax, she told Inside Retail.

Fashion 147
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Luxe-for-less leader MCoBeauty talks international expansion

Inside Retail

Founded in 2016, luxe-for-less beauty brand MCoBeauty has seen massive growth over the past several years, and is expecting revenue growth of up to 90 per cent in 2023. That’s really our brand strategy. Can you tell me a bit about MCoBeauty’s expansion plans? SS: It depends on the strategy, really.

Expansion 245
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Freshly Cosmetics announces launch of its first flagship beauty store in the UK

Retail Focus

Consumers will be immersed into a bright, light, open-plan shopping environment with products clearly visible to make the shopping experience effortless and enjoyable. . The launch of our first international retail store being in London is no coincidence. The launch of our first international retail store being in London is no coincidence.

Texture 223