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Delivery management platform and post-purchase experience provider, Scurri , today reported a record-breaking performance in 2024, announcing it had processed 154 million shipments through its platform last year, increasing from 115 million in 2023. Scurri facilitated a Gross Merchandise Value (GMV) of total shipments of 16.5
featured speakers such as Beatrice de Quinsonas Drouas, Director of Research at BPCE Solutions Immobilires; Mathieu de Mallman, Global Head of Retail and Healthcare at AXA IM ALTS; Eric Decouvelaere, Head of EMEA Urban Destinations at CBRE Investors Management; and Romain Muller, Head of Investment Management Retail at Union Investment.
Alistair Winning, Asset Manager at Sovereign Centros from CBRE, on behalf of Merry Hill, commented : “Merry Hill is a centre where brands not only succeed, but thrive, exemplified by the expansion of Footasylum.
The company said its continued focus on pricing and promotion management helped expand gross margin to 82.4 During the period, Lovisa opened its first franchise stores in Ivory Coast, Republic of Congo and Panama.
And some seven years on, much to the dismay of retailers, it is now starting to shake the tree and become a real force in the market , as Australian shoppers increasingly turn to alternatives to manage the cost-of-living crisis. Amazon announced it posted over $3.1 billion in 2022.
Earlier this month, Desigual partnered with Melbourne-based brand management firm O’Rourke Showroom to unveil its spring-summer collection, further expanding its retail distribution in Asia Pacific. IR: Could you elaborate more on the expansion strategies in this market?
“We remain focused on continued expansion of gross margins through growth of our owned brands, further growth of retail media, refined promotional cadence and disciplined inventory management,” said Sacha Laing, Adore Beauty CEO. However, its net profit attributable to shareholders declined 36.6
Westfield Knox centre manager, Kristian Nicholls said the mall is preparing for the next stage of development in just a few weeks’ time. The post Westfield Knox set to open $355 million expansion appeared first on Inside Retail.
Westfield Mt Druitt will unveil a $55 million expansion and redevelopment of the centre next month, adding 15 restaurants, including rooftop dining, and a large-scale Timezone. “In The post Westfield Mt Druitt adds new precinct in $55 million expansion appeared first on Inside Retail.
Following the success of fellow Kiwi outdoor brand Kathmandu , outdoor clothing brand Bushbuck is raising equity to speed up its expansion in Australia. The brand is currently scouting for a chief marketing officer and a sales relationship manager.
Adelaide Tools is being rebranded to Tool Kit Depot as the business gathers steam for an expansion out of South Australia next month. According to Bunnings’ managing director Mike Schneider, the business has been trialling new concepts in recent stores in preparation of the move, all of which saw positive responses from customers.
With international expansion on the horizon, we sat down with founder and CEO Shelley Sullivan to talk through the brand’s journey, as well as what makes it tick. Some of our products are made in China, the US, Korea, and Australia, but we’ve managed to have very little price increases.
million in debt and equity capital to help fund expansion and strengthen its balance sheet. Queensland-headquartered RFG is Australia’s largest multi-brand retail food franchise manager, parent of Gloria Jean’s, Donut King, Brumby’s Bakery, Michel’s Patisserie, Crust Gourmet Pizza, Pizza Capers, Cafe2U and The Coffee Guy.
Designworks’ divisional general manager Brooke Norton told Inside Retail that the brand sells about 15 million units each year and is heading towards $200 million in wholesale sales. The post Inside Designworks’ four-pronged expansion strategy appeared first on Inside Retail.
This is a key part of the brand’s expansion, but it doesn’t mean stores will carry less stock. Nick Jackson entered the business in 2012 after a career as a buying officer for Myer and territory manager at Cambridge Clothing Company. At the time the brand had 10 stores in Victoria. “We’re
The successful execution of our omni-retail strategy, our enhanced digital capability, proactive supply chain management, and an outstanding contribution from our team members were central to this performance,” he said. The post Super Retail Group delivers record sales, eyes expansion appeared first on Inside Retail.
Geezy Go, an online-only supermarket that launched in Sydney in August, is setting up shop in Melbourne on Wednesday and will soon hit New Zealand as part of its rapid expansion plan. “We’re The post Melbourne, NZ next stops on Geezy Go’s rapid expansion appeared first on Inside Retail.
Geezy Go, an online-only supermarket that launched in Sydney in August, is setting up shop in Melbourne on Wednesday and will soon hit New Zealand as part of its rapid expansion plan. “We’re The post Melbourne, NZ next stops on Geezy Go’s rapid expansion appeared first on Inside Retail.
Aldi is not necessarily the first choice shop for everyone, but I expect more consumers will start doing their main shop at Aldi and shop there more frequently to better manage their budgets.” The post Aldi Australia plays down imminent e-commerce expansion reports appeared first on Inside Retail.
While you might not think of Amazon as a homewares retailer, according to the business’ consumer PR manager Duncan Fredericks, homewares is a definite growth area for the e-commerce giant. The post Why Amazon is targeting renters with homewares expansion appeared first on Inside Retail.
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. The post Nere and far: Strand CEO Felicity McGahan talks UK expansion appeared first on Inside Retail. We [want] to be part of those adventures.
The new 1,841 sq ft eatery features seating for 85 people, Pret’s signature interior design with wooden accents and red tones, and will be managed by franchise partner, Dallas Holdings Limited. The menu includes a variety of renowned handmade sandwiches, wraps, salads, baked goods, and snacks.
Some of the investments are less noticeable but just as important – we’re building a new ERP and re-architecting our web experience to make it easier for us and our customers to manage. The post Who Gives A Crap founder talks US expansion and launching new brands appeared first on Inside Retail Australia. But it’s just the beginning.
Jerome Bellony, managing director of Clarins Australia and New Zealand, spoke with Inside Retail about entering a new era in how the business connects with customers. We are currently focused on the success of this inaugural store; its performance will guide our plans for future expansion.
The post Greenstreat talks store expansion, digital currency and in-house delivery appeared first on Inside Retail. It gives me a lot of confidence moving forward, to hit both regional and metro areas. “We We happened to start regionally, and are making our mark on the city now.”.
Owned by sports and entertainment company Endeavor, IMG manages licensing programs for many global brands and trademarks. The post McDonald’s plans expansive global licensing program in deal with IMG appeared first on Inside Retail Australia.
Great product diversity, changing consumer demands, and the expansion of e-commerce have turned inventory management into a major pain point for retailers. Poor inventory management results in overstocking and under-stocking, impaired cash flow, and losses from theft and spoilage. Here are some reasons why: 1.
The round was raised through funds managed by the Brazilian investment bank BTG Pactual – the largest investment bank in Latin America. The company said the funding will help accelerate its global expansion strategy, targeting more than $300 million in revenue and nearly 1000 stores worldwide by the end of this year.
The post Bondi Active on its new flagship store and international expansion plans appeared first on Inside Retail. They’ve grown up watching Home and Away and Neighbours , and love Bondi Rescue. “So So it’s not a complete unknown for them.”.
Long has held the joint role of interim CEO and CFO since March 2023 and helped the companyreturn to net sales growth and achieve three consecutive quarters of double-digit US sales expansion. Long holds 25 years of financial leadership, strategic development and management experience.
This expansion aligns with the broader trend of Korean beauty brands gaining traction in international markets, particularly in the US, where consumers are increasingly drawn to innovative Korean skincare and cosmetic products. The company also plans to open its first physical store in the US, further enhancing its omnichannel strategy.
IR: It seems that a lot of Australian retailers are considering international expansion right now. The post “Building a brand from the ground up”: Inside LSKD’s San Diego expansion appeared first on Inside Retail. Do you think there’s been a mindset shift around this? And if so, what do you think is behind it?
Piccolo Me has appointed David Ciantar as its new group general manager, effective 7 July, 2024. Ciantar moves to the cafe chain with more than 30 years of franchising and senior management experience. He is charged with propelling Piccolo Me’s national and international expansion.
The executive said the new funding will be allocated across three strategic focus areas: product innovation and expansion, omnichannel retail presence, and international expansion. “We This international expansion strategy will enable us to refine our brand’s global appeal and gauge demand across diverse regions,” he explained.
Dubai-based retailer and brand distributor GMG is ramping up its expansion in Southeast Asia and Hong Kong as demand for sports and lifestyle products soars. Despite its rapid expansion, GMG remains focused on a localised approach, tailoring its retail strategies to consumer behaviours in Malaysia, Singapore and Indonesia.
Jason Welsh, senior fulfilment manager at Dr Squatch, said: Within the partnership with J&J , they have supported us by fulfilling and shipping over two million units globally. We are incredibly proud to support Dr Squatchs global expansion and look forward to expanding our collaboration in the future.
This is why many growing retailers adopt ‘glocal’ strategies, a nuanced approach to expansion that blends the best of global reach with local adaptation. Process standardisation Any expansion initiative is going to require scalable systems. You can catch the on-demand recording here.
After a hugely successful launch in the North-East, with the opening of stores in Newcastle’s Eldon square and Gateshead Metrocentre, Sephora UK is continuing to fuel their northern expansion with the announcement of its next store opening at Grosvenor’s leading city-centre retail and entertainment destination, Liverpool ONE.
Michael Burke, Managing Director for Flying Tiger Copenhagen UK & Ireland, commented: Flying Tiger Copenhagen aims to inspire and make every day extraordinary through affordable, design-led products. This store opening will also create 16 new permanent job positions for 2025.
some manages a supply chain spanning global sourcing, inventory management, and logistics. Southeast Asia expansion Beyond Indonesia, Oh!some Further global expansion remains under consideration. The company also integrates customer purchasing data to refine its product selection and service offerings.
Bacha Coffee, managed by TWG Tea’s parent company V3 Gourmet, is betting big on its global strategy, injecting €20 million (US$22.2 Rapid expansion The announcement of the opening of the Champs-Élysées store follows the launch of the Bacha Coffee boutique at the Ritz Paris in 2022. million and a post-tax profit of $2.2
Driscoll agreed, stating that as a private company, every move Nordstrom makes, from merchandise and promotional strategies to executive hires and store expansion will no longer be under the scrutiny of investors that tend to prioritise short-term results over long-term vision.
Here is what Bunnings’ managing director Michael Schneider, Wesfarmers’ health retail director Richard Pearson and TerryWhite Chemmart’s executive general manager Nick Munroe had to say. Bunnings Warehouse Bunnings Warehouse ranked number three on the list this year. billion up from $18.54 billion in 2023.
Melbourne-based fund manager Fawkner Property and alternative investment firm PAG have acquired Perth’s Midland Gate shopping centre for $465 million. The facility recently underwent a major $100 million redevelopment and expansion. The deal marks Australia’s largest single regional asset transaction since December 2019.
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