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The Reject Shop enters into acquisition agreement with Canada’s Dollarama

Inside Retail

The Reject Shop has entered an acquisition agreement with Canadian convenience chain Dollarama. The Reject Shop Board unanimously recommends that shareholders vote in favour of the scheme, with the acquisition price of $6.68 cash per share representing a 112 per cent premium to the closing share price of $3.15 on March 26.

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Tumi doubles down on Asia with store expansions and premium retail upgrades

Inside Retail

We feel strongly about providing our customers with the full, premium Tumi experience wherever they shop, Maroulis told Inside Retail. Key feedback highlights the appeal of dynamic visual storytelling, which enhances customer engagement and the effective zoning of products, making the shopping experience even more seamless.

Expansion 130
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MAPIC 2024: Highlights of the 2024 Edition

Retail Focus

Numerous conferences and sessions held over the first two days provided a comprehensive overview of market trends, featuring many exclusive international speakers. Retail investment has been especially driven by the strong performance of the Italian, Portuguese, and Spanish markets, alongside robust results in the UK.

Expansion 264
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How GMG plans to win Southeast Asia’s sports retail market

Inside Retail

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. The country has a well-established retail ecosystem with high-traffic shopping malls, premium retail spaces and a digitally engaged consumer base.

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Charles & Keith co-founder Keith Wong on the brand’s global expansion 

Inside Retail

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. Keith Wong: All our Charles & Keith flagships are situated in key shopping destinations with a brand-aligned image and an elevated positioning.

Expansion 130
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Lululemon opens its largest Australian flagship store yet

Inside Retail

The 11,000sqft store is almost triple the size of its previous shop at Emporium and has a significantly larger menswear section. “It’s a testament to our dedication to delivering exceptional service and a tailored shopping experience, highlighting our continued growth and unwavering commitment to the Australian market.”

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Amazon is set to take off in Australia this year, get ready

Inside Retail

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, the $2 trillion gorilla, arrived on our shores officially in December 2017, just in time for Christmas.

Expansion 240