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Mad Mex returns to Australian ownership, ends Asia expansion plans

Inside Retail

Mexican restaurant chain, Mad Mex, has acquired back the 50 per cent ownership from its Singapore-based venture partner, 4Fingers International, shifting focus to its home market. In 2018, 4Fingers bought 50 per cent of Mad Mex as part of the Australian Mexican quick-service restaurant brand’s expansion into Asia.

Expansion 246
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Woolies blocks Wesfarmers’ plans for API with $872 million bid

Inside Retail

Woolworth’s play is the latest in a string of acquisition offers for API, from a proposed merger with Sigma in 2018 , to an offer of acquisition from Wesfarmers in 2021 , which was rivalled by Sigma , and now Woolworths. The post Woolies blocks Wesfarmers’ plans for API with $872 million bid appeared first on Inside Retail.

Planning 264
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Woolies blocks Wesfarmers’ plans for API with $872 million bid

Inside Retail

Woolworth’s play is the latest in a string of acquisition offers for API, from a proposed merger with Sigma in 2018 , to an offer of acquisition from Wesfarmers in 2021 , which was rivalled by Sigma , and now Woolworths. The post Woolies blocks Wesfarmers’ plans for API with $872 million bid appeared first on Inside Retail.

Planning 246
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LSKD appoints first chief retail officer as part of its “audacious” growth plan

Inside Retail

Customer experience LSKD has ‘audacious’ growth plans for the next few years and Shaughnessy is expected to play a key role in helping the brand create a unique in-store experience and ensuring the right products are stocked in each store. LSKD was recently named ‘Business of the Year’ in the 2024 Telstra Best of Business Awards.

Planning 264
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Opinion: Why foresight is the future of marketing strategy

Inside Retail

By using future-focused insights, retailing marketers can evolve their strategies to stay abreast of change. A marketer’s crystal ball? No matter the position your brand or business holds in the market, foresight tools are designed to support you in building on your goals. Foresight does not require a belief in astrology.

Strategy 245
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Concerned about quiet quitting? You might need a workplace wellness plan

Inside Retail

In May 2019, the World Health Organisation officially classified ‘burnout’ as a recognised illness, while a 2018 Gallup study found that of the 7,500 full-time employees surveyed, 23 per cent felt burned out at work very often or always, and an additional 44 per cent felt burned out sometimes. Employee-choice market.

Planning 240
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Meet the Aussie e-commerce aggregator that plans to be a unicorn next year

Inside Retail

Since 2018, when the OG aggregator, Thrasio, launched in the US, there has been a veritable explosion of similar startups, including Opontio in Dubai, Upscalio in India, Valerio in Mexico and Rainforest in Singapore. It has already acquired several e-commerce businesses in Australia, where it plans to focus its efforts.

Planning 246