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Vietnam’s Vincom shifts focus from expansion to upgrades

Inside Retail

Reports have been circulating for more than a month now that Thailand’s Central Group is in talks with Vietnam’s Vincom Retail that could lead to the Thai company buying a majority stake. Footfall was finally almost back to 2019 levels in the first quarter, with 47 million visitors. So far, it’s doing the trick.

Expansion 130
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Breaking down the clever approach to Chemist Warehouse’s public listing

Inside Retail

In the case of Chemist Warehouse, the acquisition would position it as a superpower in the Australian pharmaceutical market, dominating the wholesale and retail markets through vertical acquisitions across the value chain. A benefit of this strategy is the ability to bypass regulatory filings, or the funding to go public.

Marketing 245
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JYSK to open two new stores in Greater Manchester

Retail Focus

The largest Danish retailer operating globally, JYSK , is set to open two new stores within the Greater Manchester region as part of its ambitious UK expansion plans. Our head office operations are also based in Stockport, so we have a strong affinity for the area and continue to see it prosper.

Expansion 173
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Localisation, livestreaming and logistics: How to tap into the Chinese market

Inside Retail

Before 2020, when travel was easy and diplomatic relations were cordial, I placed great emphasis on the need to build trusted relationships on the ground in China as the foundation of a successful market entry strategy. trillion Chinese consumers spent in 2019. Accept that China is a very different market to the one you’re used to.

Marketing 130
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From mini stores to the metaverse, will Macy’s new moves pay off?

Inside Retail

Macy’s has been stepping up to the plate with a series of new moves, from the expansion of its smaller-footprint stores, to a new digital fashion platform targeting younger shoppers. Can an old dog learn new tricks? In August, Macy’s announced that its second quarter net sales fell by 8.4 per cent year-over-year to US$5.1

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Locals rebuff invaders: Inside Vietnam’s convenience stores war

Inside Retail

A decade ago, convenience stores were a rare sight in Vietnam, where the vast majority of the population was used to shopping in traditional markets or mom-and-pop stores for everyday grocery needs. In recent years, the nation’s convenience store market has seen rapid escalation – and sophistication – in the larger cities.

Marketing 130
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Pierre Yovanovitch opens design gallery in New York City penthouse

Dezeen

Pierre Yovanovitch chose a penthouse in a pre-war building for his New York gallery This business expansion offers a permanent base for Yovanovitch and his team in New York, and allows customers and clients from his largest retail market to see the Pierre Yovanovitch Mobilier products first-hand.

Design 111