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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. per cent to $183.9

Planning 264
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Wendy’s sold to global restaurant management firm Flynn

Inside Retail

The franchise includes 22 restaurants with 12 stores in Auckland, eight in other parts of the North Island, and two on the South Island. Flynn plans to retain the current operations and support teams of Wendy’s New Zealand. The post Wendy’s sold to global restaurant management firm Flynn appeared first on Inside Retail Australia.

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AI is driving a dramatic reinvention of retail demand planning. Here’s how

Inside Retail

Australian retail businesses have been warned they are missing out on sales by reacting too slowly to customer trends – and that poor retail demand planning is resulting in unnecessarily high levels of capital tied up unproductively in unsold inventory in warehouses and stores.

Planning 147
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How AI is set to revolutionise inventory management

Inside Retail

Great product diversity, changing consumer demands, and the expansion of e-commerce have turned inventory management into a major pain point for retailers. Poor inventory management results in overstocking and under-stocking, impaired cash flow, and losses from theft and spoilage. Here are some reasons why: 1.

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Brooklyn Donuts opens first NSW store, plans national footprint

Inside Retail

“There is huge potential for this segment and I don’t see any other brand who can do what we do. The post Brooklyn Donuts opens first NSW store, plans national footprint appeared first on Inside Retail Australia. Next year our focus will be on New South Wales, we want to open between eight and 10 in Sydney.

Planning 278
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Taylor Swift offers a masterclass in marketing. Here’s what retailers can learn

Inside Retail

You don’t have to be a marketing expert to know that Taylor Swift is a bulletproof brand that consistently improves, regardless of the challenges she faces or the challenges she sets for herself. She can instruct marketers on leading by example and practicing what they advocate for.

Marketing 290
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Superdry in talks to secure funding for turnaround plan

Inside Retail

million) for the implementation of its ongoing turnaround plan and cost reduction program. Last month, Superdry co-founder Julian Dunkerton was reported to be in talks with alternative investment management firm Davidson Kempner about backing an offer for the fashion label. According to Reuters , the brand reported a 13.7

Planning 130