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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.
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.
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.
Sabo will open its first Sydney store in Westfield Bondi Junction next week as part of the expansion of its brick-and-mortar footprint. Having a physical space makes Sabo feel even more tangible, builds trust, and allows people to connect with the brand in a way that goes beyond just shopping online, said Kouzoukas.
Its not a bad ploy and it fits well with the broader expansion strategy, but even so, this is a company with much greater ambition than selling pens to students. The post Moshi Moshi eyes expansion beyond Thailand, targets 200 stores by 2025 appeared first on Inside Retail Australia. million Thai baht (US$23.7
We currently live in an era marked by economic uncertainty, environmental consciousness, and a desire for uniqueness, Australians are increasingly embracing second-hand shopping. The hunt for the thrill of it One of the driving appeals of second-hand shopping lies in the exhilaration of the search, the dopamine release gained in the hunt.
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.”
Liz Randle, Vinnies Victoria’s head of merchandise and retail innovation, has been with the company for over 13 years and has witnessed the op shop’s evolution from a network of bricks-and-mortar stores into an e-commerce platform. We have created an environment that heroes our values and honours the donation, said Randle.
This transformation demands a long-term strategic vision, adaptability, and an in-depth understanding of market changes, transitioning from a focus on expansion to creating value through experience and operational excellence. The conference sessions also provided a platform for brands to share their experiences in international expansion.
Australian menswear label Calibre is ramping up its expansion across the country with two new stores in Melbourne and a Brisbane debut. The two Melbourne stores have opened at the Emporium and Highpoint, while the Brisbane boutique is housed in the St James luxury shopping precinct. The boutique designs feature a minimalist approach.
Besides the normal blue box that I’m sure the American consumer has already seen and shopped in, we have started to create pickup points across the US, the COO said. The post Ikeas US expansion plan: New stores, lower prices and a major NYC flagship appeared first on Inside Retail Australia.
From DTC to local and international expansion efforts The company opened its first pop-up shop, which ran from April 19-21, on Greene Street in New York City’s fashionable SoHo neighbourhood.
According to the brand, Mansergh’s appointment comes at a time of “significant momentum” for the company, which has had tremendous expansion in major international markets. Under Rebecca’s direction, the brand is planning an ambitious expansion in the US, with multiple shop openings planned for major areas this year.
Inside Retail spoke to Balázs Krizsanyik, GM of Desigual Asia Pacific, and Tim O’Rourke, national sales and managing director at O’Rourke Showroom, to learn more about the brand’s local strategy for the Australian market and its expansion strategy globally. IR: Could you elaborate more on the expansion strategies in this market?
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.
Among Amazon shoppers in the UK, 70 per cent now shop there at least once a month, while 17 per cent use the online marketplace weekly. Fulfilment expansion Amazon Australia is heavily investing in expanding its fulfilment capabilities in the local market. Key to its success has been its ability to drive frequency with shoppers.
That is a significant and rapid expansion and one that would draw investor scrutiny. This comes on the heels of a popup shop in the same district and the company believes it has learned enough from the popup to make the permanent store a success. The post Uniqlo’s US expansion: Has the parent learned its lessons?
The new website will utilise MyDeal’s proprietary marketplace technology and existing 1 million active customer base to offer a one-stop shopping experience for activities and experiences for locals. The post MyDeal launches local experiences marketplace, plans for expansion appeared first on Inside Retail.
Aldi Australia says it continues to explore opportunities to offer online shopping, however, it has downplayed media reports of an imminent move and says comments made by one of its executives were “slightly misconstrued”. Last August, Aldi trialled a limited online shopping offer, allowing customers to buy some Special Buy items.
The first two stores will open in Sydneys Stockland Shopping Centres before adding three further stores in New South Wales to its bricks-and-mortar network in 2025. Flying Tigers expansion strategy is rapid; it plans to have a footprint of 50 stores across Australia in the next five years.
Amazon has already established a growing footprint of physical stores, acquiring the up-scale Whole Foods supermarket chain four years ago, along with opening physical bookstores and shops selling electronic goods. The post Amazon to test department stores in offline expansion appeared first on Inside Retail.
Vietnamese coffee chain Trung Nguyen is continuing its global expansion, opening its first store in Australia next month. The Melbourne store will resemble a Vietnamese-themed coffee shop with its architectural style, display graphics, and menus that incorporate elements of Vietnamese and local cultures.
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.
Goodbyes is Australia’s largest bricks-and-mortar resale service and secondhand shopping experience. Its hybrid consignment model and curated in-store shopping experience have made it a go-to destination for economic and environmental shoppers who still want to be fashion-forward. OM: We’ve currently got six stores.
With one in seven Australians shopping online every day, Peter Jackson saw the need to improve its digital offering. Data will shape how we fill out the shops moving forward. This is a key part of the brand’s expansion, but it doesn’t mean stores will carry less stock. At the time the brand had 10 stores in Victoria. “We’re
The post Westfield Knox set to open $355 million expansion appeared first on Inside Retail. A new parking management system fitted with license plate recognition and guidance technology has been installed along with amenities including a ‘calm room’ on Level 1 and all-gender restroom facilities on Level 2.
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. It’s so we’re not just shops full of luggage and bags, but are lifestyle experiences that provide a beautiful environment for our customers to shop in.
Pret A Manger has today announced the upcoming opening of its first shop in South Africa at Johannesburgs bustling Melrose Arch precinct on 14th February 2025. The move marks another significant milestone in Prets international expansion, […] If you want more information Retail Times get in touch!
This month, Salomon opened its first direct-to-consumer store in Australia at Melbourne’s Chadstone Shopping Centre – a milestone in the brand’s journey of accelerating its growth in the ANZ region. The unique set of Salomon partner trail events is an expansion of its global strategy.
The world’s largest retailer shared expansive plans for the future of retail at the recent Consumer Electronics Show (CES 2024), focusing on adaptive retail strategies that encompass realms of customers, workforce and society. Embracing AI Walmart’s goal is to make shopping experiences effortless, engaging and personalised.
They were visible in malls, high streets, shopping centres, or online marketplaces. million Australians now shopping on the platform every month. Amazon’s steady and strategic expansion of its logistics network has given it an edge in speed and efficiency. Once, we knew our competitors.
Can you tell me a bit about how the Australian and United States regions differ in terms of how customers’ shop? The post Who Gives A Crap founder talks US expansion and launching new brands appeared first on Inside Retail Australia. Inside Retail : Who Gives A Crap operates across a number of countries now.
Krishan Thakrar, Co-founder and COO of Dallas Holdings Limited added: “Creating 10 new jobs in the local community, we’re so excited to be open at Gloucester Quays, a vibrant location that brings together a unique mix of shopping, dining, and community.
We’ve all encountered those shopping centres that look and feel the same, no matter where you are in the world. But there are some visionary developments that seek to stretch the definition and model of traditional shopping centres – delivering environments that celebrate innovation, wellbeing , community and, critically, creativity.
Despite the relatively small shop-space, Oayda is particularly excited about the 100sqm upstairs area that will be used as a community hub for nutrition talks and other events for the community. “If The post Bondi Active on its new flagship store and international expansion plans appeared first on Inside Retail.
Leo is a luxury customer, he shops luxury constantly and his family shops luxury, Good shared. These retailers have really helped us in that global expansion but particularly within the US that’s really our strongest market, shared Good.
In what is expected to be a first for New Zealand, the new premium outlet shopping centre, Manawa Bay, will house a dining precinct fully powered by electricity only. Tenants can see the benefits with Manawa Bay, as a shopping centre, trying to help reduce its impacts on the environment.
If it can now lay legitimate claim to have overtaken Singapore as Southeast Asias shopping capital, then Central Pattana, the mall arm of Thailands Central Group and the biggest player in the countrys shopping centre sector, has to take some of the credit. All in all, this is arguably the most important mall operator in Southeast Asia.
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.
The Liberty Romford, the shopping centre owned and operated by Redical , has announced that beauty and wellbeing brand, Rituals , has opened its new store, heralding a strong start of the destinations retail transformation and elevation. million and high dwell time, which exceeds comparable shopping centre benchmarks by 21%.
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 We plan to experiment with a mix of retail models, including a shop-in-shop format and our branded stores,” Pham said.
A third aspect of Centrals progress over the past year is the expansion of its new Go Wholesale chain to 10 units, readying it to compete with the sector giant, CP Axtras Makro. The companys ambition is to be the top retail conglomerate in Southeast Asia and its expansion program is ambitious. Ready, set, go!
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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