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Lotte Duty Free wins Melbourne Airport rights

Inside Retail

The travel retailer also plans to increase the Melbourne Airport store’s footprint to 5800sqm in the future, eyeing annual sales of $243 million. The company expanded into the Australia-New Zealand travel retail market in 2018 after acquiring five duty-free shops in the region from JR Duty Free.

Expansion 235
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JYSK to open two new stores in Greater Manchester

Retail Focus

The largest Danish retailer operating globally, JYSK , is set to open two new stores within the Greater Manchester region as part of its ambitious UK expansion plans. The post JYSK to open two new stores in Greater Manchester appeared first on Retail Focus - Retail Design.

Expansion 173
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Andrea Lisbona’s desire to innovate an industry with Touchland

Inside Retail

Much like the way the brand founder would never have expected to find herself inspired to purchase a $400 hair dryer, the retail industry could not have predicted the virality of Touchland’s hero product, the Power Mist, a $10 hydrating sanitiser that is as practical as it is aesthetically pleasing.

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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? The fact that this ad is still relevant in 2022 shows the strength of this longer-term vision, first conceived in 2018. Looking to the future is the future of marketing.

Strategy 245
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What Bapcor can learn from Bain’s long track record of PE bids

Inside Retail

In 2018, Bain Capital and former BWX CEO John Humble presented an offer to purchase natural skincare company Sukin, owned by BWX at the time for $860 million, but the offer was declined. The evolving Chemist Warehouse and Sigma merger are indications of the big market movements to come, all designed for business growth, one way or another.

Marketing 278
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Retail appointments for the week

Inside Retail

Apparel and beauty retailer L Brands announced the board of directors for its standalone, publicly traded Victoria’s Secret brand, adding that its plan to separate the lingerie business from Bath & Body Works remains on track for August. L Brands announces woman-majority board for standalone Victoria’s Secret.

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The retail contest between CBDs, malls and online is set to reshape our cities

Inside Retail

Aussie consumers spent a whopping A$353 billion on retail goods in 2022 compared with $275.3 billion in 2018 – a 28.2 Over the same period, online retail spending increased by 132 per cent from $27.5 It now accounts for just over 18% of retail spending in Australia, up from 10 per cent in 2018. per cent increase.