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Wesfarmers to launch cosmetics retail chain, Atomica

Inside Retail

The first store is located at the Castle Towers shopping centre in Sydney, in a space formerly occupied by Priceline shop. The post Wesfarmers to launch cosmetics retail chain, Atomica appeared first on Inside Retail Australia. The company has yet to reveal more details about where Atomica stores will open.

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Oh!some sets sights on new markets, reaching 100 stores this year

Inside Retail

Retail chain Oh!some some entered the Indonesian market in 2019, citing a gap in diverse retail product offerings. some identified Malaysia as its next key market, driven by the countrys young consumer base and thriving retail environment. somes market coverage and reach more consumer groups.

Marketing 130
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CEOs exit: The Reject Shop, Best & Less leaders step down

Inside Retail

The CEOs of two discount retail chains — The Reject Shop and Best & Less Group — have stepped down with immediate effect today citing personal reasons. Steven Fisher, chairman of The Reject Shop, said the board and team have thanked Bishop for his work over the past six months and wish him well.

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AI-powered inventory: The smarter way to balance stock and boost sales

Inside Retail

The challenges of traditional inventory planning Despite new technology, many retailers still rely on outdated forecasting and replenishment models, leading to: Overstocking and understocking: Manual forecasting often results in excess inventory tying up working capital or frequent stockouts leading to lost sales.

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Decoding the global trends shaping the future of retail

Inside Retail

In late 2023, Salesforce reported that 59 per cent of consumers had shopped on social media, a massive jump from 15 per cent in 2021. In the US alone, TikTok shop garnered 1.1 Given that shoppers in other markets have embraced it, however, the exam question is: Should this be regarded as a permanent or temporary difference?

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Opinion: Consumers’ screen times gives shopping centres a headache

Inside Retail

Retail shopping centres face a major challenge rebuilding customer traffic and sales after the Covid-19 pandemic is controlled. The Covid-19 disruption has closed some businesses while accelerating a contraction of store networks many chains had started before the pandemic forced trading restrictions and lockdowns.

Shopping 130
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How Dubai sportswear giant GMG aims to crack the Southeast Asia market

Inside Retail

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 retail chains across sports, food and beauty. Nike is a globally recognised and trusted brand in the sportswear market, and it perfectly complements our existing brand portfolio.

Marketing 130