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The Reject Shop plans more stores as sales surge

Inside Retail

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. million in cash and no drawn debt as of June 30.

Planning 278
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Mosaic to axe five brands in rescue plan: here’s the list

Inside Retail

Mosaic Brands will “wind down” five of its brands to focus on its other five businesses as it struggles to remain afloat due to operational issues. The brands to be wound down are Rockmans, Autograph, Crossroads, W Lane and BeMe, as part of what Mosaic Brands CEO Erica Berchtold calls a Focus on Core plan.

Planning 299
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Coles has plan to enhance customer experience through AI

Inside Retail

In addition, the initiative provides intelligence for planning and rostering. ” He said Coles is also looking to further explore how AI can improve other areas of its operations. . ” He said Coles is also looking to further explore how AI can improve other areas of its operations.

Planning 255
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Lego scraps plans to make bricks from recycled bottles

Inside Retail

Lego has scrapped its plans to make its bricks from recycled bottles after discovering the method does not reduce emissions and, when adopted at scale, would leave a higher carbon footprint. The post Lego scraps plans to make bricks from recycled bottles appeared first on Inside Retail Australia.

Planning 261
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Planning the Architecture of Your Modular DXP

By laying the groundwork and asking the tough questions, you can create a platform that’s built to last and integrate with other data systems, allowing you to leverage information across teams and build better experiences for customers.

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Silly Solly’s plans 10 more stores as it moves to franchise model

Inside Retail

Aussie discount retailer Silly Solly is on a growth trajectory, with plans to expand as a franchise, after shifting from a licensing model. Expansion through conversion Silly Solly’s is looking for conversions in its growth strategy and is targeting other discount stores whose owners want to be part of a bigger buying arrangement.

Planning 298
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Solomon Lew plans to spin off Peter Alexander and Smiggle next year

Inside Retail

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. Other legacy brands, including Just Jeans and Portmans, will remain inside the Premier Investments vehicle.

Planning 264