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Discount variety retailer The Reject Shop plans to open more stores this year to support sales growth and increase profitability. The company is investing in other initiatives across the business, including in supply chain, technology, infrastructure and warehouse management, he added. The Reject Shop posted record sales of $852.7
Traditionally, major retailers worldwide have had to rely on local government data and interpreting planning policies to determine where to land bank for future developments and where to consider rebuilding, upgrading or expanding existing stores. Their insights help communities and decision-makers plan for the future.
Hog’s Breath Cafe is looking to rebuild its restaurant footprint, and has plans to open another 20 restaurants by 2029. He has a number of growth solutions, including opening corporate stores with a plan to franchise them once established. Under the previous management the brand got confused and we lost our way.”
In addition, the initiative provides intelligence for planning and rostering. The post Coles has plan to enhance customer experience through AI appeared first on Inside Retail Australia. “We also want to understand the impact of and relationship between our operations and the customer experience.”
Future-proofing your tech stack is a crucial part of long-term strategic planning. But how do you future-proof if your plans involve acquisition, and a tech stack you don’t have control over?
Retail billionaire Solomon Lew has announced plans to spin off two major brands Peter Alexander and Smiggle from his public company Premier Investments next year, as part of a global expansion strategy. The brand has announced its plans to expand into the UK, with the first two stores and dedicated website launched before Christmas.
In the wake of the tragic Westfield Bondi Junction stabbing attack on April 13, Australian retailers have been revisiting their emergency response plans to ensure they are fully prepared for every contingency. Retailers revisit emergency response plans appeared first on Inside Retail Australia. The post “What if this happens to us?”:
Aussie discount retailer Silly Solly is on a growth trajectory, with plans to expand as a franchise, after shifting from a licensing model. The Silly Solly’s brand has come full circle, now owned by Stanton and an Australian management team that reinvented the model in 2018. “We
Chen, a former food franchisee, and Sharvell, an ex-Hungry Jacks area manager, have appointed former Soul Origin executive Chris Mavris as chief operating officer, and Minu Kaneshakarnar, formerly with The Cheesecake Shop, as marketing manager. This story was originally published on Franchise Executives.
Incoming CEO Vlad Yakubson will start earlier than planned on October 9. Our key focus is on executing our strategic priorities, being disciplined on promotional activity and price point management to maximise gross margin dollars, controlling costs and delivering outstanding customer service to maximise sales conversion and basket size.”
As part of the arrangement, Glow obtained 51 per cent ownership of Cargo Crew, with the brand retaining full management control. Domestic and global plans Rodgers explained that different companies had approached Cargo Crew over the years to discuss what a joint venture or partnership would look like.
Tara Daly, senior director of product marketing at Loop Returns , shares with Inside Retail advice on getting started in the US market, some tips on cross-border shipping and logistics – including managing returns in a way that builds customer loyalty – and how to drive repeat business. The post Planning to sell online in the US?
Then, as part of our longer-term plan, we will look to expand to other locations. The plan is to support the concepts with outlets in similar areas. IR: Are you also able to discuss how Reebok is planning to combat intense cost-of-living pressures at the moment?
Belles’ managing director Joss Jenner-Leuthart told Inside Retail that the brand has chosen to raise funding through this particular route – rather than a traditional capital raise – as it provides customers with the opportunity to connect more deeply with the brand, and feel a genuine sense of ownership over it.
The plans were revealed along with the group’s annual result which saw a $33.5 CEO Scott Evans said the company’s improved performance stems from management recognising that retail has “forever changed” with customer expectations shifting dramatically. The new ones in planning will be located largely in regional areas.
We plan on using local ingredients sourced in Australia wherever possible. Wendy’s plans to enter the Australian market on the east coast, and the company is exploring major cities like Sydney, Melbourne and Brisbane. We also plan to align resources to further support development acceleration across the US and international segments.
The changes will also allow Australia Post to manage priority mail, roughly 8 per cent of all letter traffic, differently to “deliver services at a more commercial rate,” the joint ministerial statement said. Australia Post has applied to the competition regulator to increase the basic letter postage rate to A$1.50
Renowned Australian footwear business Munro Footwear Group (MFG) recently acquired the popular but beleaguered New Zealand kids’ footwear brand Bobux, as part of a plan to consolidate its presence in the children’s market. The long-term plan is still being finalised,” he said. The initial focus is on stabilisation.
Temple & Webster also has plans to achieve $1 billion in annual sales within the next three to five years. It plans to increase its brand spend in the upcoming financial year. Beautiful spaces through AI As part of its plan to gain market share and reach $1 billion in sales, Temple & Webster has invested in its private labels.
In the past three years, the average employee experienced 10 planned enterprise changes, up from two in 2016. Change requires empathy and understanding for individuals and teams to manage the emotional rollercoaster it can create. Five simple starts to help manage change Link purpose, vision and values. Language matters.
Chief financial officer Markus Neubrand announced plans to cut 500 jobs worldwide and close some unprofitable stores as part of a cost-cutting plan. The post Puma plans job cuts as US demand weakens, outlook dims appeared first on Inside Retail Australia. March has started off a bit better,” he said at a press conference.
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
The post EU plan would force brands to repair worn-out products for up to 10 years appeared first on Inside Retail. Reporting by Kate Abnett ;Editing by Elaine Hardcastle, of Reuters.
To manage regulatory hurdles, GMG has established a regional headquarters in Kuala Lumpur and an operational office in Singapore. The post How GMG plans to win Southeast Asias sports retail market appeared first on Inside Retail Australia. Further reading: How Dubai sportswear giant GMG aims to crack the Southeast Asia market.
We get that running a business is a constant juggle, and managing cash flow can be tricky. Inventory management software or a simple forecasting system can be a valuable tool to manage this. FAQs on small business cash flow management What steps can I take to maintain a positive cash flow?
According to the annual report last year, AustralianSuper leads the substantial shareholders of Baby Bunting, followed by Bennelong Funds Management Group. However, a May 9 disclosure stated that Bennelong Funds Management Group has ceased to be a substantial shareholder of the company. Baby Bunting previously reported a 7.7
Nuholt Huisamen, managing director for East Asia Pacific at Levi Strauss & Co., The post Nuholt Huisamen on Levis 2025 plans for East Apac and the Blue Tab launch appeared first on Inside Retail Australia. For Levi Strauss & Co., shares with Inside Retail his top strategic priorities for the year ahead.
David Brice, managing director at MUJI UK , said: “Our store at Angel Central is incredibly important to us. We have a great relationship with the Islington community, and CBRE IM has worked collaboratively with us to support our re-fit and community market plans. The collected waste is recycled into new useful products.
Frozen yogurt and acai brand Yo-Chi has opened its 30th store in Semaphore, South Australia, which management said marks a “huge milestone” for the brand. “It Yo-Chi plans to open more stores in Bondi Beach, West End, Coogee, and Robina later this year.
” The company said the relaunch will focus on efficient management of finances and operations to withstand external pressure and to avoid the previous mistake of dealing with high interest rates from short-term loans intended to keep the business afloat.
Cosmetique, an Australian national cosmetic and injectables chain, has announced plans for a $17.5 With new clinic sites already slated for 2025, the expansion will involve opening four new clinics in New South Wales and Victoria initially, with more planned for following years. million ASX listing of parent company Stormeur.
. “We are excited to present our unique exclusive mix of premium and on-trend brands to elevate customer’s looks from head to toe, including Nude Lucy, Carhartt WIP, Polo Ralph Lauren, Article One, and Stussy to name a few,” said Laura Ghannoum, general manager at Glue Store.
The reported closure of Microsoft’s brick-and-mortar stores managed by authorised retail partners in China has raised questions about the tech giant’s strategy in the world’s second-largest economy and whether the move is counterintuitive when the market’s consumer electronics sector has seen a sign of recovery.
McDonald’s is planning to open over 8800 stores globally and boost its loyalty program by 100 million members to deliver $45 billion in annual systemwide sales by 2027, which will be its fastest growth period in its history. As part of the expansion plans, the fast food chain targets about 2.5
With real-time task management and peer-to-peer communication solutions, you can deliver the speed, power and ease your workforce needs to lift productivity and service. Zebra Workcloud Timekeeping tracks staff members’ time, attendance and compliance, making it easier to monitor and manage labour costs.
Our focus remains on seeking to drive further and sustainable cost efficiencies and inventory management,” he added. Over the last five years as CEO, King has been enacting his ‘customer-first plan’ which has re-established Myer as Australia’s 8th most trusted brand, according to Roy Morgan.
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.
The City of Sydney council has approved a new plan to upgrade Dixon Street Mall in the Chinatown precinct, including spending $5 million on public amenities. The reinvigoration will include restoring its framed gates, and installing new seats and lighting overlays along with improved services to support events.
Four major investment funds (Cooper Investors, Hyperion Asset Management, Firetrail Investments and QVG Capital) have joined the GYG shareholder register. The latest Australian and overseas expansion plans were laid out at its 1H24 results. Guzman y Gomez has attracted a $134.5
The brand said it plans to expand to 200 locations globally by the end of this year. Geezy Go offers service in more than 60 suburbs in the CBD, inner west and upper north shore of Sydney. Geezy Go is currently operational in the US, India, France, New Zealand and now Australia.
Upon completion of the deal, Retail Zoo’s new investment partner will own a majority of the business and partner with the existing management team led by Nishad Alani, CEO of Retail Zoo. “We The investment company was considering listing the Retail Zoo business from 2019 before Covid-19 put that plan on hold.
Retailers are grappling with ever-multiplying channels, and managing disparate touchpoints while trying to create a seamless, excellent omnichannel experience. This is a comprehensive approach that extends beyond online sales to encompass various critical aspects of retail operations, with inventory management and pricing at its core.
Adore Beautys earnings more than doubled in the fiscal first half, which management says reflects the early phase of the companys growth strategy. The company plans to open four to six additional locations later this year. Earnings before interest, taxes, depreciation, and amortization (EBITDA) rose 94 per cent to $4.6
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