Inside Retail

DECEMBER 1, 2021

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.

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Inside Retail

MAY 3, 2021

Mexican fast food chain Guzman y Gomez (GYG) is planning to open an additional 30 drive-thrus in Australia over the next 12 months, which will bring the company’s total store count to over 180 locations across Australia, Singapore, Japan and the US. GYG plans to have another three to four stores up and running in the US by the end of 2021.

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Inside Retail

AUGUST 23, 2021

And it doesn’t plan to stop there. Globally, Uber’s new verticals business achieved a US$3 billion run rate in Q1 2021, a 77 per cent lift on Q4 2020, and the ANZ team wants to continue to grow this arm locally. The post ‘Go anywhere, get anything’: Uber reveals plans for marketplace appeared first on Inside Retail.

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Inside Retail

FEBRUARY 21, 2023

Following its store launch in Sydney earlier this year, Hong Kong-based tech accessories brand Casetify is planning to expand across Australia, as part of a larger goal of reaching 100 stores globally by 2025. The program will include plans to upcycle donated phone cases as part of the manufacturing process in order to develop new cases.

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Retail Focus

JUNE 17, 2021

Oxford Circus will be transformed into two, pedestrian-friendly piazzas as part of plans unveiled by Westminster City Council and The Crown Estate today. The launch of the RIBA International Design Competition in Summer 2021 to deliver the final scheme, ensuring ‘world class’ designs and value for money.

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Inside Retail

DECEMBER 6, 2022

Food prices across the country have jumped over the past year, alongside inflation, with recent ABS data showing a 9 per cent increase in the price of food and non-alcoholic beverages since September 2021. The post How Invertigro, Urban Plant Growers plan to shorten the food supply chain appeared first on Inside Retail.

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Inside Retail

MAY 9, 2021

In the past year, one of our proudest initiatives has been formalising our commitment to Reconciliation through our first Reconciliation Action Plan. IR: What are your plans for Witchery going into the next financial year? IR: Tell me about your plans for the e-commerce side of the business.

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Inside Retail

SEPTEMBER 6, 2021

In the last year, the group released its Sustainability Plan which set out a commitment to be powered entirely by renewable energy by 2025 , appointed its first chief sustainability officer, Alex Holt, and signed onto its first renewable energy deal. “We

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Inside Retail

OCTOBER 20, 2024

Former Lovisa CEO Shane Fallscheer is launching his jewellery business, Harli + Harpa, which plans to roll out several stores by Christmas. The new retailer will market itself as “Your walk-in jewellery box” and open a store at Sunshine Plaza, among other planned locations.

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Inside Retail

JUNE 2, 2024

“Premier Retail remains well positioned in its leadership structure and will work through a constructive transition and succession plan in the months ahead,” the spokesperson added. Cheston’s departure comes as Premier Investments works on plans to spin off Smiggle and Peter Alexander into separate ASX-listed companies.

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Inside Retail

MAY 9, 2024

The company plans to relaunch Tigerlily early next year following a restructure, according to sources with knowledge of the deal. The business started to reemerge after Travis Wright , former GM of Esther & Co, became CEO in 2021. Founded in 2000 in Sydney, Tigerlily is known for its patterned dresses and bikinis.

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Inside Retail

APRIL 12, 2021

Sydney-based gelato brand Gelatissimo is to enter the US market this year – and will accelerate its expansion plan in Australia. Global expansion is at the heart of our strategic plan for 2021/22,” said Filipe Barbosa, CEO at Gelatissimo, in a statement. “We

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Inside Retail

SEPTEMBER 13, 2023

It took private equity money for the first time when L Catterton bought a majority stake in the company in 2021. The post Birkenstock plans to go public in the US appeared first on Inside Retail Australia.

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Inside Retail

MARCH 16, 2022

Global milk tea chain Gong Cha is planning to expand in Australia with a further 17 stores this year. The plan for growth is part of a bigger international expansion goal, which sees the business focus on development in countries such as Japan, Mexico, New York and the Philippines. That’s adding to the 118 stores already operating.

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Inside Retail

JUNE 7, 2023

Investors pushed the stock price down more than 20 per cent in after-hours trading, continuing a roller-coaster ride that started in early 2021 when retail investors piled in to prove hedge fund betting on GameStop’s demise wrong. He was elected chairman in June 2021. Cohen is the company’s largest investor.

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Inside Retail

MARCH 5, 2024

However, when the Facebook whistleblower incident of 2021 brought to light the harmful practices that social media companies were knowingly inflicting on users, we felt compelled to take a stance. The post Lush left social media in 2021. This story first appeared in the February 2024 issue of Inside Retail Australia magazine.

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Inside Retail

JANUARY 11, 2024

billion in 2021 but has continued to roll out new versions of its Pixel Watch, a product that competes with some of Fitbit’s devices and also the Apple Watch. Last year, Google announced plans to add generative AI capabilities to its virtual assistant. Google bought health and fitness tracking company Fitbit for US$2.1

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Inside Retail

JULY 4, 2021

I am excited to be playing a key role in the next phase of the company’s growth plans. This will increase sales capacity to support the imminent launch of Babies “R” Us and our wider business into our key holiday season from October 2021 through to late January 2022.”. According to Mittoni, Chill Factor made up 2.7

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Inside Retail

APRIL 6, 2021

Businesses continued to experience a rush of online orders during 2020 as employees worked from home [and] as this trend continues into 2021 it’s important to have a solution,” said Pitney Bowes Japan, Australia and New Zealand country manager and vice president Stephen Darracott.

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Inside Retail

FEBRUARY 19, 2023

Global milk tea giant Gong Cha announced plans to open 17 new stores to its existing 118 locations in Australia last year. Gotcha and Chatime both revealed their plans to expand into Australia in 2021 as well as their priorities for the following several years.

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Inside Retail

JULY 29, 2024

It had big plans to open 300 stores. By 2021 there were nearly 30 stores across Victoria, Queensland, South Australia and NSW under separate franchise agreements with four separate businesses, and CKE signed a new national master franchise agreement.

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Inside Retail

SEPTEMBER 21, 2021

brands, the owner of Culture Kings, Princess Polly, Petal & Pup and Rebdolls, last week announced its long-awaited IPO, initially planning to offer almost 14 million shares of common stock on the New York Stock Exchange. Under the new range, the IPO could bring in closer to US$105 or US$122 million.

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Inside Retail

NOVEMBER 14, 2021

Launching in November 2021 and ending in March 2023, the scheme will provide a roadmap to hit ‘clothing circularity’ in Australia by 2030, in line with the National Waste Policy Action Plan targets, and is powered by a $1 million grant from the Federal Government. “We

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Retail Focus

NOVEMBER 8, 2021

As the YU PRIZE 2021 winner, Chenpeng stood out as a brand with a strong design language that translates so effectively both aesthetically and commercially, and is uniquely relevant to the global fashion customer.

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Inside Retail

SEPTEMBER 22, 2024

The allegations involve 266 products at Woolworths between September 2021 and May 2023 and 245 products at Coles between February 2022 and May 2023. This means that the resulting prices were lower than during the price spike but higher than or the same as the regular prices.

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Inside Retail

OCTOBER 27, 2021

However, with parcel volumes hitting record levels in 2021, Australia Post having already had to pause parcel collections , twice, while it works through backlogs this year, and December predicted to be busier than last year’s holiday period – customers and retailers are encouraged to send their post “as early as they can”.

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Inside Retail

FEBRUARY 9, 2022

She ranked first in Inside Retail ’s Top 50 People in E-Commerce in 2019 and 2021. million in May 2021. Mathers initially stayed on as Flora & Fauna’s CEO after the acquisition, and in September 2021, she was tasked with leading BWX’s entire direct-to-consumer division.

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Inside Retail

JUNE 20, 2024

The RBA has already signaled it would like surcharging to become commonplace in the BNPL sector, finding in 2021 that the benefits of no-surcharge rules to new market entrants were overruled by efficiency and competition costs. Even so, “there is still more work for some providers to do.

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Inside Retail

NOVEMBER 29, 2023

A new power player in the beauty industry While the valuation of THG has decreased since its initial public offering, the group’s successful and attempted acquisitions signal optimistic plans for growth.

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Inside Retail

JUNE 29, 2021

The transaction is expected to close in the third quarter of 2021. The Group will be acquiring 100 per cent of the equity of Honey Birdette. PLBY Group CEO Ben Kohn said he is “thrilled by the brand’s potential to become a multi-million-dollar luxury lifestyle franchise”.

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Inside Retail

NOVEMBER 29, 2023

The company created 500 pairs of experimental Re:suedes in 2021 using Zeology tanned suede, a TPE outsole, and hemp fibres during the experiment. The company plans to share its insights in a detailed report so its peers and other interested stakeholders can learn from the experiment and apply the learnings to their initiatives. “We

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Inside Retail

NOVEMBER 16, 2022

Burberry’s new chief executive Jonathan Akeroyd will on Thursday set out his plan to finish the job started by his predecessor: boosting growth at the British luxury brand to the levels of its European rivals. Leather goods account for around 20 per cent of Burberry’s sales versus 70 per cent at Bottega Veneta.

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Inside Retail

JUNE 8, 2022

It received funding from Jay-Z’s venture-capital firm, Marcy Venture Partners, in May 2021, and has recently opened stores in the UK and Japan. billion by 2026, from US$47 billion in 2021, at a CAGR of 11.1 It is now led by CEO Thomas Vulliez. “It It really is becoming a bigger business globally,” Wilkinson said.

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Inside Retail

AUGUST 4, 2021

An untold number of coffee shops across the globe have temporarily or permanently closed at the height of the pandemic but Vietnam’s TNI King Coffee has bucked the trend, opening its first store in the US early this year and pushing forward with expansion plans. Our current immediate plan is global expansion.

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Inside Retail

AUGUST 15, 2021

Firstly, the business will launch a ‘group diversity and inclusion action plan’ with a focus on increasing the number of women in leadership positions across JB Hi-Fi and The Good Guys. According to JB Hi-Fi, 45 team members have worked through the women in leadership program, and it aims to bring a further 16 through next year.

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Inside Retail

APRIL 23, 2023

Discount retailer The Reject Shop is facing a class action lawsuit for “purported underpayments” to staff, launched by specialist law firm Adero Law Between February 2016 and April 2021, seven former employees of the discount retailer allege underpayment during their employment with the company.

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Inside Retail

JUNE 27, 2021

The decision comes as the tools business saw impressive growth since Metcash took its initial stake last September, with Total Tools’ EBIT for the eight months to 30 April 2021 hitting $24 million. The investment comes as Metcash enjoyed a bumper year to 30 April 2021, with statutory profit hitting $239 million compared to a loss of $56.8

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