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Singaporean label Charles & Keith is ramping up its global expansion, opening three flagship stores in Tokyo, Singapore, and China, following its concept debut in Seoul last year. Inside Retail: What criteria did you use to select the locations for these new flagship stores?
Trends in the Commercial Investment Market The retail real estate market was a focal point of this years MAPIC, with a strong emphasis on investors perspectives regarding retail market trends and outlooks. Looking ahead, the 5-10 year perspective outlines a commercial landscape where only the most high-performing retail spaces will survive.
This expansion marks the beginning of a significant 10-year investment plan, with the US fast-food chain committing US$75 million to the venture. Inside Retail : Why did Chick-fil-A choose Singapore as the starting destination for its international expansion into Asia? HP: We’re approaching each new restaurant with a fresh perspective.
But great experiential retail requires a great store location and Melbourne is currently boasting the lowest retail vacancy rates in Australia. But high street locations like The Memo’s shopfront on Fitzroy’s Gertrude Street are rarely vacant and competitive to secure.
We’ll be opening our first three corporate locations in Los Angeles in Q2 next year, and will expand from there.”. Much of this expansion can be credited to the business’ growth locally. “By The post Chatime Australia CEO talks expansion into US and New Zealand appeared first on Inside Retail. Taking tea online.
In an interview with Inside Retail , McGahan discussed what the UK expansion would look like, and what’s in store for the recently rebranded company as it explores broader horizons. FM : We’ve just had a record year and travel in general has had a record year from a category perspective. Can you discuss future locations in the works?
Since launching in Melbourne in 2014, Belles Hot Chicken (Belles) has grown to six existing locations, including a new opening in Bondi, Sydney, a few weeks ago, and is now looking to raise between $1 million and $2 million to fund further expansion. National and international expansion.
The grand opening marks a significant chapter in Levi Strauss & Co’s expansive retail strategy within the country. The story so far “The opening of the new Nexus Mall store is a milestone in our strategic expansion efforts in the South Asia region,” he told Inside Retail.
That changed with the recent addition of a Miami flagship, its first location in the US. Global expansion Dion Lee’s biggest market is in the US, so expanding the brand’s physical store footprint to the States was the next logical move. “We Dion Lee’s next store is set to open in SoHo, New York City, early this year.
After three years of continuous pop-up store activations, Australian athleisure brand Stax last year opened its 12th permanent retail location and flagship store at Sydney CBDs Westfield Sydney mall. They envision an incubation model, to discover and nurture talent who will bring fresh perspectives to continue the brands innovation.
From the designers’ perspective, it’s like collecting and documenting a story,” Zhaoran said. “We Expanding abroad Having established a solid reputation in Mainland China, the brand has just begun to explore expansion abroad. Each time we design a store, we look at the location and the neighbours.
Noting that the new Milligram store – designed with Melbourne-based company Studio.Y – is in a high-exposure location, Druce anticipates that Telegram Co’s revenue will increase by over 50 per cent over the next three years. Each store is really important from a revenue perspective, as well as a brand and visibility perspective.”.
After eight years as a pureplay DTC operation, Gold Coast-based oral care brand HiSmile has launched across 10,000 retail locations in Australia, Europe, the US and UK – and has partnerships to push that number to 20,000 in early 2023. Which is good news for us, because that’s where we’re looking at for product expansion next year.”.
As of March 13, the brand will be expanding its brick-and-mortar presence via 500 Whole Foods locations across the country. What truly sets Viv apart is its female-founded perspective in an industry dominated by male-led brands. KD: Our retail expansion with Whole Foods Market is just the beginning.
Where will Wendy’s look to locate restaurants as it expands across the eastern seaboard and beyond? Ultimately, our brand footprint in Australia will be heavily influenced by our franchisee(s), tapping into their local perspective and expertise. What restaurant formats will be available in Australia?
Sales growth is coming mostly now from store expansion rather than productivity improvement, and profit growth from cost control and efficiency improvements. Still, it’s understandable given that Thai consumers continue to balk at spending while many of them are still heavily in debt. Revenue from this source actually fell by 1.6
Spanish fashion retailer Desigual recently opened a new store in Singapore and unveiled an aspirational expansion strategy in Asia that will see it open 60 bricks-and-mortar stores in China and tap into key opinion leaders in the region to reach new customers. And for 2023, it will be preparing for a show at Paris Fashion Week. “We
Eco Outdoor achieved 25 per cent growth during the pandemic as more customers worked from home, and sought to enhance their space from a lifestyle perspective. We have to make sure our business is a well-oiled machine that continues to [improve] while being exposed to different geographical locations.”. Think globally, act locally.
Store growth for Costco going forward will be focused more away from the US than domestically because of decreasing opportunities for expansion at home. Newer stores are not as productive as older ones, indicating that the concept is approaching saturation or already there in the US and Canada, where Costco has most of its locations.
Thirty million customer voices Key to the technology’s evolution – and a raft of other innovations in product and technology – is a complex and expansive customer feedback program spanning Fast Retailing’s 3600 stores worldwide and its online platforms. Those improvements are then rolled out globally, he explained.
We obviously knew of the brand and – from a product and consumer perspective – we felt that it would fit in well with our business,” he said. “We Organic growth Without revealing specific details, Bartlett said that further expansion was on the horizon for its Williams, Mathers and Midas brands in particular.
It wasn’t even necessarily a scan and pick-by-location system, it was almost paper-based. From a delivery perspective, it makes sense to deliver to those jurisdictions from the UK.”. That’s possible from a financial perspective.”. It was incredibly manual and inefficient,” said Diez-Simon. “If
IR : I know you have seven stores in Melbourne, and they’re quite special from a design perspective. IR : We touched on interstate expansion just before. SF: That’s right – all of our chefs work in one location and hand-make everything, and then we deliver it to our stores. That’s what I find really interesting.
The refreshed retail design has already been implemented at Owndays Lalaport Tachikawa Tachihi store in Japan and its Northpoint City location in Singapore. It is crucial to consistently provide services that resonate with customers and to devise strategies with a mid-to-long-term perspective in mind,” he concluded.
It follows the expansion of the brand’s global footprint, with Domino’s acquiring the balance of its German joint venture operations for $150 million. We talk to Domino’s ANZ chief development officer Cameron Toomey about the company’s performance, expansion strategy and broader plans moving forward.
Creating a place for the consumer to belong The Sydney flagship, located at 243 George Street, is a fusion of the brand’s history and futuristic technology, all designed to give the customer the best experience possible. Williams boots or, like Grosmann, a 12th pair and beyond. In 2023 alone, R.M. Williams product. And the changes continue.
Wendy’s Burgers is ramping up its expansion in Australia , after announcing plans to enter the market last year. IR: Where will Wendy’s look to locate restaurants as it expands across the eastern seaboard and beyond? We firmly believe that global unit expansion is the key to unlocking and accelerating our growth.
US-based apparel chain Old Navy is reportedly exploring a possible expansion to India. In April of this year, Levi’s opened its largest bricks-and-mortar location in Asia in the Indian city of Bangalore. Featuring the brand’s NextGen store concept, the space was designed to redefine the Indian shopping experience.
IR: Can you tell me about Rationale’s local and international expansion plans? SR: Domestically, we have 14 flagship locations around Australia. From an international perspective, our focus moves towards Korea and the US as our next stages of global entry. IR: What are your plans for Rationale in the next 12 months?
That’s over 66 million Americans dining in or taking away at more than 2,100 locations across the country. Fast expansion Amazon’s palm-scanning or cashier-less checkout technology is in more than 200 establishments in and outside the company, according to Dilip Kumar, Vice President, AWS Applications, as quoted by Reuters.
This may include new stores, new geographies/overseas expansion, new product categories, and growth for each channel, including digital sales. Are the forecasts deliverable from a supply-chain perspective – for both pricing and the ability to scale? How can these be improved to provide greater security around the supply chain?
However, with the rapid expansion of China’s manufacturing sector and its integration into the global economy, there are also inherent risks that businesses need to consider. As the world’s second-largest economy and the largest exporter, China plays a significant role in global supply chains. companies that rely on China.
From a sales perspective, it’s been quite fortuitous for us,” James, Papinelle’s CEO, told Inside Retail. Global expansion and marketing. Once people try on good pyjamas, they really don’t want to ever go back to what they used to wear.”. We love the retail experience.
“This has then acted as a springboard for more expensive physical expansion.” One brand that exemplifies this approach is Silk Laundry, a silk apparel brand that just opened its first US-based bricks-and-mortar location, after seeing increasing e-commerce interest from its American consumer base over the past few years.
The very first brand store that has been fully rebranded is Malaysia’s largest flagship store located in Tun Razak Exchange Mall, Kuala Lumpur. From an inventory management perspective, this allows us to be more efficient as a brand because it’s a core-based business model.
The company says that funding will be used to build out the brand’s proprietary technology platform, marketing and engineering teams, and expand its product portfolio and nationwide presence via a retail expansion that includes a 5000-square-foot SoHo store at 76 Wooster St.
During the pandemic, brick and mortar locations have evolved, offering customers curbside pickup, improved omnichannel experience and some offering entertainment-oriented venues. The high-end private beer spa is located in the old city centre of Brussels, Belgium. combining experiences is not easy. 7 Deadly Sins.
From a design perspective, Zaidi said that the team was able to incorporate a small space with indoor booth seating, an outdoor terrace with individual tables and a cosy outdoor lounge, an indoor private meeting space, and a mezzanine smoking section segregated smartly within the store.
They will be offering their products at affordable prices, and the strong financial backing of these coffee brands has also fuelled their expansion rapidly. Nonetheless, with many brands offering affordability, this is expected to impact the bottom line,” he told Inside Retail.
The move marks the end of the company’s ambitious expansion plan in Asia, shifting focus to the Australian market for the foreseeable future. We [want to focus on stores] outside of the CBD locations. We have the best plant-based chicken product that we’ve ever tasted and I think it’s probably the best in Australia.
We’d advertised the date in a physical location so we kept that date and launched a platform, we photographed 5000 items, and we re-marketed to go online within 10 days. We’re prioritising investment on further digital expansion and improvement. We’re going to keep that now, so it’s a much better process.
Inside Retail : You’re based in the US with part of the company right now, while the other part is located in Australia. From your perspective, what’s it like operating a business in the US in the current climate? For Ettitude, it’s been a time of fast-tracked growth and expansion.
Levi’s expansion strategy in Asia doesn’t look like it’s slowing down anytime soon. The global denim brand recently opened its largest brick and mortar location in India’s Bangalore. Designed in the style of its NextGen store model, it is set to redefine the Levi’s experience for Indian shoppers.
Located on the third floor of Chicago’s famous Merchandise Mart, the new Division Twelve showroom is designed by best-in-class firm Figure3 and mirrors the brand’s goals to spark joy and creativity. To capture these sentiments, the design incorporates custom graphics that present the company’s expansive 20+ color offering.
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