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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 store openings are part of the strategies to improve sales and gross profit margin in FY25, said CEO Clinton Cahn. In a trading update, the company said it is targeting to open 15-20 new stores in FY25.

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

Inside Retail

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. ” Also central to the strategy, Mosaic Brands will continue to focus on serving regional Australia, the CEO added. .

Planning 299
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Lukumades reveals ‘mega’ overseas growth plan

Inside Retail

Lukumades plans overseas growth Doug Downer of Franchise Ready is handling franchise recruitment. “We These potential partners have grand plans to open hundreds of stores, he said. The post Lukumades reveals ‘mega’ overseas growth plan appeared first on Inside Retail Australia.

Planning 312
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Hog’s Breath plans to open 20 more restaurants

Inside Retail

Hog’s Breath Cafe is looking to rebuild its restaurant footprint, and has plans to open another 20 restaurants by 2029. The strategy is for franchisees to break even without having to do 2000 covers on a weekend and school holidays,” he says. The overarching strategy is to reposition the brand by going back to its core principles.

Planning 264
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How To Craft Your Perfect Retail Tech Stack

Speaker: Jason Cottrell and Brian Walker

This session is your guide to boosting efficiency, enhancing customer experience, and driving profitability through strategic planning. Debunk myths about modular strategies and understand their simplicity. You'll learn to: Utilize tech enhancements for a flexible digital approach. Integrate modular tools to meet your unique needs.

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Coffee Treat unveils franchise model, plans regional growth

Inside Retail

The Victorian hole-in-the-wall coffee shop Coffee Treat has launched into franchising, with plans to extend into country towns. An experienced multi-site hospitality operator and business owner, Hayward launches the Coffee Treat franchise with plans to develop a regional Victorian footprint, and then expand interstate.

Planning 290
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ARA, NRA announce merger plan

Inside Retail

The Australian Retailers Association and the National Retail Association have finally signed a heads of agreement on a proposal to merge, a plan that was called off in 2019. The post ARA, NRA announce merger plan appeared first on Inside Retail Australia.

Planning 290