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Mad Mex exits Asia. Here’s the new growth strategy for Australia

Inside Retail

Here, Clovis Young, founder and CEO at Mad Mex, shares the struggles the brand faced in Asia, the strategy for growth in Australia, and how the brand is ramping up its healthy eating message in stores. IR: What does the growth strategy look like for Australia in the next 12 months? IR: Health is a big focus of the Max Mex strategy.

Strategy 130
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Why the Kmart-Target back end merger has been a decade in the making

Inside Retail

Chop and change Acquired in 2007 along with Coles and Kmart, Target started off in a strong position in Wesfarmers’ stable. But while Target initially seemed to be in a strong position, there was a lack of stability and understanding of what made the business tick within its management ranks. We’ve done a lot of listening to customers.

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Retail appointments of the week

Inside Retail

The marketplace first launched in 2007 and now sells more than 600,000 cycling products from over 1500 brands and 1450 retailers. Collins Foods CEO joins board as managing director. Taco Bell and KFC parent company Collins Foods has just welcomed Collins Foods CEO Drew O’Malley to the Board as managing director.

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How Indian brands could benefit from Walmart’s ambitious export goals

Inside Retail

Joined by his management team, McMillon met with suppliers, merchants, grantees, artisans and MSMEs (micro and small to medium enterprises) across the company’s programs, such as Walmart Sourcing, Walmart Vriddhi, Flipkart, PhonePe, Walmart Marketplace, Walmart Global Tech In India and Walmart Foundation.

Strategy 130
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Retail appointments of the week

Inside Retail

Nespresso names new head of Oceania By Dean Blake Nespresso New Zealand’s managing director Stegan Vermeulen will step into the role of MD of Nespresso Oceania, following 12 years within the business, as of 1 July. Meanwhile, Young who started Mad Mex in 2007 said it was the “right time” for Frangie to “officially step into the CEO role”. “As

Fashion 130
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Retail appointments of the week

Inside Retail

Property group Mirvac has announced the upcoming retirement of chief executive and managing director Susan Lloyd-Hurwitz, as well as chair John Mulcahy. Myer’s general manager of omni experience exits. Loehnis currently serves as the president of Net-A-Porter, Mr Porter and The Outnet, and started at the company in 2007.

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Retail appointments of the week

Inside Retail

Russel Creedy, group CEO, joined the business in 2001 as supply chain manager and served as GM for Pizza Hut in New Zealand. He took on the CEO role in 2007. Restaurant Brands is a corporate franchisee and specialises in managing multi-site branded food retail chains. Creedy will retire on 31 March next year. “I