Inside Retail

FEBRUARY 13, 2022

In 2022, that experience is just as likely to be online as physical, with companies like Toys ‘R’ Us ANZ focusing more and more on digital-first retail: “With further shifts to e-commerce, particularly in toys, competition will become increasingly intense,” Toys ‘R’ Us ANZ CEO Dr Louis Mittoni says.

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Inside Retail

AUGUST 18, 2022

The New Zealand expansion comes on the heels of the opening of the first Replay store in Australia at Chadstone shopping centre in April, following Pas Group’s acquisition of the local distribution rights in 2021. billion in 2022, and it is predicted to grow at a CAGR of 5.42 per cent from 2022-2027.

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Inside Retail

SEPTEMBER 26, 2022

So far in 2022, we’ve seen a nearly 70 per cent increase in retail sales. With an unrivalled foundation in [research and development], Impossible is the first company delivering on the promise to make meat from plants that consumers actually prefer over the animal version,” he said, citing surveys the company has conducted.

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Inside Retail

JUNE 25, 2023

Even in semi-rural and rural markets, consumers increasingly prefer online purchases, driven by convenience, discounts, and a wide variety offered by e-commerce players. Nevertheless, Apple enjoys an unrivaled status symbol among consumers, which industry experts believe will play a significant role in its retail strategy.

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Inside Retail

MAY 1, 2023

Chapman and the Kind team started the B Corp certification process early on in the business’ life, and was officially certified at the end of 2022. “As It is being driven by a changing consumer. The post The Kind Collective eyes international expansions as organic beauty thrives appeared first on Inside Retail.

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Inside Retail

MARCH 7, 2024

The company’s total sales exceeded $10 million in August 2022, before it launched an equity crowdfunding campaign the following month, seeking about $3 million to fuel its potential expansion into Hong Kong and Singapore.

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Inside Retail

APRIL 18, 2023

IR: It seems that a lot of Australian retailers are considering international expansion right now. Can you tell me about launching the business initially, and why you shifted your focus in 2018 to direct-to-consumer – first online and now offline as well? Do you think there’s been a mindset shift around this?

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Inside Retail

FEBRUARY 11, 2024

per cent in 2022, the report added. This modest uptrend in employment within the sector, however, mirrors the broader trend of a slowdown in consumer spending, the report said. Generation Z was predominant in the retail industry last year, accounting for 50.4 The proportion of Gen Z employees in the sector increased from 45.5

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Inside Retail

NOVEMBER 23, 2021

Since launching in the UK in 2018, furniture brand Maker & Son has quickly established itself as a go-to furniture brand for comfort, with its popular Instagram videos of a woman throwing herself onto the large cushioned sofas captivating consumers. Once the brand is more established, I think [online-only sales] will grow.”.

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Inside Retail

MAY 15, 2022

billion consumer goods business to challenge foreign giants like Unilever, two sources familiar with the plan told Reuters. billion in the fiscal year ending March 2022, and says that nine out of 10 Indian households use at least one of its brands. billion) of annual sales from the business within five years. billion people.

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Inside Retail

JUNE 17, 2024

We will start by supporting the master in the UK, building the market out and driving further European expansion off the basis of the UK business model and performance.” He told Franchise Executives the success of the Australian expansion was widening the customer base.

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Inside Retail

MARCH 29, 2022

billion in sales in 2022. Here’s who we expect to dominate live shopping and social commerce in 2022. While TikTok will spark consumers’ live shopping sprees, Instagram’s collective popularity with users, brands, and advertisers leaves no doubt it will be driving the overall social commerce market.

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Inside Retail

SEPTEMBER 19, 2023

The company delivered a revenue increase of 16 per cent to $172 million during the period spanning pre-Covid year 2019 to 2022 and expects flat-to-modest revenue growth for 2023, in the face of constrained consumer spending and wholesaler buying caution.

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Inside Retail

JANUARY 25, 2022

And though the sector is tipped to grow around 9 per cent in 2022, according to IbisWorld, compared to other countries Australia is slow. While many brands see a dip in sales following a rebrand, as a level of consumer confusion kicks in, MyDeal saw the opposite. “It Online has a long way to go [in Australia],” Senvirtne said.

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Inside Retail

JANUARY 11, 2022

Delivery will keep growing as this service evolves and consumers continue to value convenience. With Covid-19 and social distancing changing consumer behaviour, premiumisation will occur with consumers willing to pay for better experiences across casual dining. What are your expansion plans for 2022 and beyond?

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Inside Retail

MARCH 13, 2023

In what the national property agency CBRE described as a ‘flash survey’, 83 per cent of Australian respondents across a snapshot of the Asia Pacific region indicated expansion plans. The lift in sales followed a disappointing 4 per cent in December 2022 underpinning a 1.6 per cent month-on-month to $35.09 billion in January 2023.

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Inside Retail

JULY 10, 2024

7-Eleven’s new CEO Hayes joined the convenience chain in 2022 as general manager channel. Our ambition is to continue to push the boundaries of how consumers experience convenience in the neighbourhoods where we operate. Throughout his career he has brought a strategic approach to expansion and operational efficiency.

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Inside Retail

JANUARY 31, 2023

Chinese nationalism is on the rise, with an accompanying disdain among a broad swathe of consumers for foreign products. Markers of the expansion are everywhere, such as the proliferation of running events (exemplified by the Shanghai Marathon), and the emerging ubiquity of football fields and tennis courts.

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Retail Focus

MARCH 30, 2022

Global lifestyle brand, kate spade new york, is to open its first Northern Irish store in April 2022, at designer outlet, The Boulevard. . Dominic Brady from KLM Real Estate said: “kate spade new york is notoriously selective with its outlet expansion so we are delighted to welcome the brand to the scheme.

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Inside Retail

JULY 4, 2024

Now, the at-home pilates provider – which sells and rents reformer pilates machines, or beds, and operates an on-demand platform of exercise videos – is embarking on a global expansion. Global expansion Your Reformer’s growth strategy combines market geographic expansion and product diversification.

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Inside Retail

JUNE 4, 2024

But how is a brand known for selling $88 jars of sea moss managing to capture consumers’ attention and their wallets, especially considering current economic circumstances? percent from 2021 to 2022, with the greatest changes seen in eggs, fats and oils, and meat. percent, to reach an estimated $8.47 trillion by 2027.

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Inside Retail

AUGUST 5, 2024

Widespread use of cash Japanese consumers have long preferred cash, considering it a safe and reliable payment method. Within Asia Pacific, Japan had the second-highest share of cash for in-person transactions at 51 per cent in 2022 after Thailand, according to the US-based banking and payment processing company FIS. per cent and 12.8

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Inside Retail

MARCH 20, 2024

In an era marked by economic flux and shifting consumer preferences, the global retail landscape stands at a pivotal juncture, ripe with both challenges and opportunities. trillion in 2022 and grew at a CAGR of 8 per cent from 2017 to 2022. trillion from 2022 to 2027. It was valued at $3.8

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Inside Retail

MAY 27, 2024

Regulatory hurdles and divestiture impact In late 2022, Woolworths CEO Brad Banducci expanded into the fast-growing pets sector through the $586 million purchase of a 55 per cent stake in PetStock. PetO’s co-founder, Nick Greenhalgh, said that the expansion came at the perfect time for PetO.

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Trade Group

AUGUST 25, 2021

The Consumer Technology Association (CTA) recently made a significant announcement that could set the stage for trade shows & conferences in 2022 and beyond. For CES 2022, all attendees must show proof of a COVID-19 vaccination before they are allowed into the event. CES 2022 is not scrapping the virtual element entirely.

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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. After all consumers still need to eat and drink,” Thao said.

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Inside Retail

NOVEMBER 18, 2024

The brand’s first stock-keeping unit was several styles of aesthetically designed face masks, the accessory of the year for 2020 to 2022. Urman observed that consumers today are looking for ways to be as healthy as possible that don’t feel cumbersome or hard to integrate into their busy lives.

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Inside Retail

JUNE 13, 2024

Joining the competition in 2022, Cotti Coffee has been rapidly expanding its presence within China and globally, with a network of 7000 stores across 28 countries and regions, which makes it the world’s fourth-largest coffee chain by number of stores. Cotti Coffee’s latest marketing move to offer all beverages for RMB9.9

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Inside Retail

DECEMBER 5, 2022

Consumers are the driving force behind a constantly changing, fragmented and evolving e-commerce landscape. From 2021 and even into early this year, 77 per cent of global consumers were still spending at or above the same levels online as they were a year prior. Inflation’s impact on e-commerce is still unclear.

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Inside Retail

NOVEMBER 27, 2023

There are about 1600 possible product combinations, according to Felicity McGahan, group CEO of Strand, the 96-year-old Australian luggage chain that launched Nere in 2022. With most items priced under A$200, the brand is seeking to elevate travel for the mass-market consumer. “Everyone travels now,” McGahan told Inside Retail.

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Inside Retail

NOVEMBER 29, 2023

THG specialises in taking brands directly to consumers with divisions spanning the beauty, wellness and commerce industries. billion in the 2022 financial year and is up 4.5 THG is still sitting strong as a force in the beauty industry after it reported the beauty arm of its business earned £1.2 per cent year on year.

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Inside Retail

OCTOBER 16, 2023

Even if only a fraction of these users convert into consumers, it spells immense profitability for retail brands. This is precisely what direct-to-consumer (DTC) brands have been capitalising on in recent years. Industry experts predict significant further expansion in the DTC market in the years to come.

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Tusco Display

JANUARY 7, 2022

2022 Retail Trend Predictions Predictions abound as 2022 kicks off and retail trends are not immune to speculation. 2020 saw closures and bankruptcies, while many retailers were buoyed in 2021 - with bankruptcies down and plans for expansion. We’ve written on the topic before and will continue to talk about it.

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Inside Retail

SEPTEMBER 22, 2024

These locations, however, are not random pins on a map but a part of the brand’s larger expansion plan in Asia Pacific, including key markets like Japan, South Korea, Malaysia, Singapore and Australia. Additionally, we are focusing on new product developments tailored to the preferences of consumers in the region.”

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Inside Retail

MAY 16, 2024

Modibodi is rolling out a completely new brand identity across all consumer touchpoints from above and below-the-line advertising to customer communications, its website, packaging and retail presence. “We Global growth and fashion collabs Beyond the relaunch, Modibodi is also targeting growth through international expansion.

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Inside Retail

JUNE 25, 2024

A decade after making its debut in Vietnam, Japanese retail giant Aeon is making a move into regional towns, armed with 10 years of data about local consumer behaviour and a renewed commitment to what is now its second-largest international market.

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Inside Retail

JUNE 12, 2024

Cheston’s move to Lovisa is notable given the jewellery chain is owned by Australian billionaire Brett Blundy, who recently appointed Mark McInnes, the former CEO of Premier Retail, to the newly formed role of global chief executive of retail and consumer at his investment firm, BBRC.

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