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Two Australian furniture chains set for sale

Inside Retail

Ironbridge Capital bought the chain for $500 million in 2006. Founded in 1970, Amart is known for its affordable furniture and has 68 stores nationwide. The retailer generates about $600 million of sales and annual earnings of $90 million. Quadrant later became a co-owner before taking full control of Amart in 2016.

Planning 200
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Residential development forecasts take the risk out of store location planning

Inside Retail

The number of residents employed in managerial and professional occupations in Wyndham has risen from 13,220 in 2006 to a projected 44,269 next year, an increase of 235 per cent, and significantly higher than the 153 per cent rise in overall employment in the suburb over the same period. per cent in 2006 to about 33 per cent in 2021.

Location 244
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Liv Eat opens first South Australian restaurant

Inside Retail

Liv Eat was founded in 2006 and focuses on supporting local farmers and suppliers. She brings more than 25 years of hospitality experience to her new role, including 21 years as a restaurant general manager with Yum! The brand offers a mix of healthy meals including salads, burgers, bowls, healthy snacks, smoothies, fresh juice, and coffee.

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Krispy Kreme promotes ANZ head to global COO role

Inside Retail

Steele started her Krispy Kreme career as a crew member in October 2006 and is now the company’s president for its Australia and New Zealand operations. Krispy Kreme has appointed Nicola Steele as COO, effective March 3, as part of the doughnut chain’s expansion strategy in the US.

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rough textures + terrazzo tiles adorn BOYY’s FOS-designed flagship store in milan

Design Boom

step inside the new BOyY flagship store in milan Founded in NYC in 2006 by partners Jesse Dorsey and Wannasiri Kongman, BOYY is an accessory now headquartered in Bangkok and Milan. Just recently, the duo opened its flagship store in the Milanese city, designed by Danish artist FOS (aka Thomas Poulsen).

Texture 293
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Guzman Y Gomez set for $2.2 billion IPO 

Inside Retail

Founded in 2006 by New Yorkers Steven Marks and Robert Hazan, Guzman Y Gomez has more than 170 locations in Australia. TDM Growth Partners will hold a 29.7 per cent stake in the company post-IPO, while co-founder and co-CEO Steven Marks will control 9.9 Barrenjoey Capital will hold 9.6 per cent, and chairman Guy Russo will control 5.6

Expansion 263
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Ethical fashion label Arnsdorf closes

Inside Retail

” Arnott founded Arnsdorf in 2006 and established a following across Australia, North America, and Europe. . “Personally, I feel like there is still so much to do, explore, and experience for me to live fully aligned with my highest potential,” Arnsdorf founder and designer Jade Sarita Arnott said in an Instagram post.

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