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Toys ‘R’ Us names Penny Cox as its new CEO

Inside Retail

She will replace Louis Mittoni, the controlling shareholder, who has taken a step back in the organisation as part of a strategic plan for the expansion of the ASX-listed business announced in March. Toys ‘R’ Us has chosen an experienced e-commerce executive Penny Cox with extensive international experience to take over as CEO.

Hobbies 245
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“Reignited appetite”: Why retailers are seeking greener pastures overseas

Inside Retail

According to HSBC research , more than half of Australian mid-size companies are planning to expand offshore in 2023, and enter at least one new foreign market. But, with consumers facing rising inflation and cost of living pressures across the world, the stakes for international expansion are high.

Expansion 246
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Why Melbourne burger brand Royal Stacks is ready to beef up its business

Inside Retail

Royal Stacks will open four new locations over summer 2021/22, doubling its restaurants to eight, and has plans to increase its footprint significantly over the next two years. We’re actually hoping franchisees will have personality traits or hobbies that will influence the design, perhaps basketball or music vernacular.,”

Hobbies 240
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Child’s play: Inside Toys ‘R’ Us’ expansion strategy

Inside Retail

He says because the business hasn’t fully trusted supply since June 2020, the chief operating officer and inventory planning team have worked with partners to place orders and forecasts for the 2021 holiday peak season as early as October in some categories. ” Big plans for 2022.

Expansion 130
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How Toys ‘R’ Us aims to bring joy and wonder back to the brand

Inside Retail

Here, she discusses her philosophy for finding and managing good people, the global company’s sprawling plans for expansion, the importance of an exciting customer experience in toy stores, and more. My vision for the company is that we are truly an authority on toys (and babies and hobbies), and all aspects of development and play.

Gifts 246
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How Pizza Capers’ founder is driving Gnocchi Gnocchi Brothers’ rapid growth

Inside Retail

While there’s discussion surrounding how many Gnocchi Gnocchi Brothers spots there will be across the state, there are plans to build the gnocchi empire to about 20 locations by 2026. “It It became a job as well as a hobby, so I thought I should become more involved,” Russo said. We’ll start from the city, then go west, then go south.

Hobbies 246
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How To Set Up A Retail Business

Retail Focus

The restrictions imposed during the coronavirus pandemic resulted in many people learning new skills or returning to hobbies that had previously fallen by the wayside. Creating a business plan. Writing a business plan outlines what your business does and the goals you want to achieve. What are the products you’ll stock?

Hobbies 147