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Vietnam’s Vincom shifts focus from expansion to upgrades

Inside Retail

Footfall was finally almost back to 2019 levels in the first quarter, with 47 million visitors. The vacancy headache Being the dominant mall operator in a developing nation of 100 million is an impressive achievement that also carries some perils not so salient in mature markets. So far, it’s doing the trick.

Expansion 130
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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.

Expansion 173
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Breaking down the clever approach to Chemist Warehouse’s public listing

Inside Retail

In the case of Chemist Warehouse, the acquisition would position it as a superpower in the Australian pharmaceutical market, dominating the wholesale and retail markets through vertical acquisitions across the value chain. A benefit of this strategy is the ability to bypass regulatory filings, or the funding to go public.

Marketing 245
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From mini stores to the metaverse, will Macy’s new moves pay off?

Inside Retail

Macy’s has been stepping up to the plate with a series of new moves, from the expansion of its smaller-footprint stores, to a new digital fashion platform targeting younger shoppers. Can an old dog learn new tricks? In August, Macy’s announced that its second quarter net sales fell by 8.4 per cent year-over-year to US$5.1

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Locals rebuff invaders: Inside Vietnam’s convenience stores war

Inside Retail

Figures from Euromonitor show that the number of convenience stores in Vietnam increased from just 565 in 2014 to 1289 by 2019 when revenues reached US$103 billion. The key players at the time were FamilyMart, Circle K, and B’s Mart, with market shares of 21.4 per cent share of the convenience-store market with around 140 stores.

Marketing 130
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Pierre Yovanovitch opens design gallery in New York City penthouse

Dezeen

Pierre Yovanovitch chose a penthouse in a pre-war building for his New York gallery This business expansion offers a permanent base for Yovanovitch and his team in New York, and allows customers and clients from his largest retail market to see the Pierre Yovanovitch Mobilier products first-hand.

Design 114
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Galeria Mlociny in Warsaw hosts first Primark store

Design Retail Space

Not counting the shop in Slovenia this is the first step of an Irish clothing brand into the Central European market. And Primark made plans for further expansion. But let’s be honest, the Irish brand enters a very strong retail market of affordable clothing and homeware in Central Europe. And many others.