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Retailchain Oh!some some entered the Indonesian market in 2019, citing a gap in diverse retail product offerings. The company has outlined plans to reach 100 stores globally by March and aims to enter additional Southeast Asian markets, including Vietnam, Thailand, the Philippines and Singapore, this year.
A merger with Sigma Pharmaceuticals remains the preferred option for restructuring Chemist Warehouse but if that plan is quashed by regulators or Sigma shareholders there is a plan B. A straightforward initial public offering is a live option for Chemist Warehouse following extensive planning over six years.
Premier Retail says it achieved a modest increase in sales for the half year to January 29, despite losing 42,000 trading days to Covid-related lockdowns and movement restrictions. Peter Alexander, Smiggle and Portmans will close by March and Just Jeans by no later than July.
Russia is looking to China, India, Iran and Turkey to plug the gap created by an exodus of western retail companies, an industry body said on Friday, as Moscow grapples to find ways to combat its growing isolation in the face of sanctions. It had been planning to hold an initial public offering (IPO) this year.
Meanwhile, in Australia, retailchains including 7/11, Ferguson Plarre Bakehouse , and BWS have recently explored the drive-thru concept. Unlike fashion, he believes Grill’d is immune to the consumer spending downturn. per cent to 2030.
The fashion and footwear retailerplans to open a handful of “small flagship” Reebok stores, invest in the brand’s online presence and boost its distribution through retail partners, such as Rebel, to capitalise on what CEO Eric Morris says is a “huge opportunity”. Big opportunity in basketball.
We understand that organising training can be time consuming… But, delivering training online can take the hassle out of planning staff training. Case Study: How this FashionRetailChain Improved Mystery Shopper Results with RedSeed Training. And that can mean increased revenue. .
The ASX-listed parent of retailchains including Noni-B, Katies, Rivers and Rockmans, says online sales hit $119 million, up 21 per cent year on year and accounting for about 40 per cent of total group sales of $298 million. The post Mosaic Brands shows promising revenue growth from online sales appeared first on Inside Retail.
Best and Less, The Reject Shop CEOs depart By Rakshnna Pattabiraman The CEOs of two discount retailchains — The Reject Shop and Best & Less Group — have stepped down with immediate effect today citing personal reasons. An external search process for a permanent CEO is in progress.
GMG is a Dubai-based company with distribution rights for more than 120 global brands in the Middle East and Southeast Asia, and a portfolio of multi-brand retailchains across sports, food and beauty. GMG plans to open 11 SSS stores – and 100 new stores overall – in Southeast Asia by 2025.
Visit any two stores in a national retailchain and you will quickly notice similarities in the store design and layout. The successful chains – the ones we know by name – spend a great deal of effort and resources researching human psychology and buying habits. It’s no coincidence. The types of products and services you offer.
This year, Starbucks plans to open over 600 new store locations, including licensed locations, to increase its US footprint by 4 per cent. “We have to go beyond just what is required to put accessibility and inclusion first to ensure all people feel like they belong in community spaces.”
SafeSize is now the only company in the world that has an extensive database of 3D inner dimensions of sport, fashion and kids’ shoes – a treasure trove of information that even the manufacturers themselves do not have. Stavrakis says the solution can help retailers reduce their operating costs and boost customer satisfaction.
In a study titled “ ‘Thinking Thief’ in the Crime Prevention Arms Race: Lessons learned from shoplifters”, led by Professor Nicole Lasky (Northeastern State University, US) and published in Security Journal, active shoplifters wore special eye-tracking glasses while pretending to steal items from two national retailchains.
For an all too brief period, the Alceon investment house achieved its ambition to be the largest womens fashion specialty retailer in Australia. The only problem was the nine retail brands trading from around 1350 stores were a house of cards with a flawed investment play without retail smarts.
The Black Friday and pre-Christmas sales period were not enough to make up for a harsh retail environment, a messy separation from David Jones and a hangover from bad publicity. This exercise will give due consideration to the macroeconomic environment, our strategic plans and our reset operating model.
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