Remove 2007 Remove Consumer Remove Management Remove Planning
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How 99 Bikes plans to return to profit with an electric-powered push

Inside Retail

The retailer also expects to benefit from the trend of electric bikes, and it has two national expos this year to showcase the company’s fleet to consumers. Founding 99 Bikes and taking flight Matt Turner, the current director of 99 Bikes, opened the first store in Milton, Brisbane, in May 2007. The company achieved an 82.6,

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

Inside Retail

For now, the businesses will remain separate in the eyes of the consumer, though they will share systems in the back end, such as having a single tech-stack. Chop and change Acquired in 2007 along with Coles and Kmart, Target started off in a strong position in Wesfarmers’ stable. The impacts of Covid-19 are just the icing on the cake.”

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Are more discounts on the cards before Christmas?

Inside Retail

With higher-than-usual stock levels leading into Christmas that retailers are planning to turn over at the full freight Christmas margin, that could spell trouble. As we all know, plans can change. In 2007, the cash rate was on an upward trajectory hitting an 11-year high of 6.75 We’ve seen it happen before.

Flow 130
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“Building a brand from the ground up”: Inside LSKD’s San Diego expansion

Inside Retail

We didn’t plan on opening an office, but our first US team member has been here for almost two years. JD: I was very lucky to have LKI [Loose Kid Industries] before LSKD, from 2007 to 2018. IR: Do you have plans to open other stores in the US, and if so, what other locations are you considering? How has that been going?

Expansion 243
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Retail appointments for the week

Inside Retail

Alquemie Group, which operates Ginger & Smart, Surfstitch and AG Lego certified stores in Australia and New Zealand, has recently appointed Kerry Cusack as managing director of vertical brands [pictured, right]. Prior to that, she was general manager of PAS Group’s Bondi Bather and Jets Swimwear. She joined Alquemie last month.

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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

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

Inside Retail

The move marks the end of the company’s ambitious expansion plan in Asia, shifting focus to the Australian market for the foreseeable future. I started this business in 2007 and we’ve worked tirelessly over the last 15 years to build it so it’s great to be back to 100 per cent ownership. I’m very excited.

Strategy 130