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Pet Circle secures $75 million to fund expansion

Inside Retail

The funding will help support Pet Circle’s growth as it continues to invest in expansion to potentially secure a larger share of the pet supplies market – worth $12 billion annually. The $75 million investment will also allow the firm to maintain its unicorn value, which it acquired in its Series C round in December 2021.

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Dairy Queen eyes expansion into Australia

Inside Retail

billion in 2021, despite distribution problems as warehouses struggled to retain labor. Reporting by Jonathan Stempel in Omaha, Nebraska; Editing by Ira Iosebashvili and Alistair Bell, of Reuters The post Dairy Queen eyes expansion into Australia appeared first on Inside Retail. The development process takes time.”

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Lids opens quartet of UK stores as part of international expansion

Retail Focus

Lids sells 30 million hats every year, and the London store openings form part of a much wider programme of planned international expansion for the brand,” explained Neil Coales, managing director at Agilité Solutions. “As We are excited to bring our brand and product to market.”. The brand currently has 2,000 stores throughout the U.S.

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JYSK continues UK expansion with new store to open in Telford

Retail Focus

JYSK Telford will join 25 UK stores, three of which opened in 2021. The Danes are continuing to head up plans for expansion nationwide in the UK as two more stores are due to be announced in September with plans to open a further 4 stores in 2022.

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Coffee chain Single O expanding Japanese footprint after early success

Inside Retail

In a further sign of ongoing expansion in Japan, Single O will launch its Shibuya coffee bar in July. Yamamoto joined Single O Surry Hills on an overseas exchange and eventually led the team’s expansion in Japan, heading the launch of the original roastery in 2014 and the Hamacho cafe in 2021.

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‘Big plans’: Seafolly CEO talks international expansion

Inside Retail

With strong performance across Singapore, Seafolly is assessing further expansion opportunities within APAC. We opened in [department store] Takashimaya in 2021, and it has quickly become our best performing store in the region,” Santamaria said.

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Vietnam’s Vincom shifts focus from expansion to upgrades

Inside Retail

Bear in mind, though, that the bar was set low because leasing revenue in the first quarter of 2022 fell 27 per cent from the corresponding period in 2021.) The real engine of occupancy growth is likely to be the expansions of the latter. Overall company leasing revenue was up 54 per cent, year over year.

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