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How 99 Bikes plans to return to profit with an electric-powered push

Inside Retail

Founding 99 Bikes and taking flight Matt Turner, the current director of 99 Bikes, opened the first store in Milton, Brisbane, in May 2007. I started as general manager of Advance Traders in October 2008,” Garnsworthy added. In Australia in contrast, two new openings are planned in Pimpama, Queensland, and Perth by 2025.

Planning 130
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“The timing is right”: Inside the $3bn beverage group launching in Oceania

Inside Retail

The pair will see out their current contract, which ends in 2025, then continue to operate within the beverage space separately. Suntory Oceania will start bringing in new departments, such as sales operations, revenue growth management, with a focus on technology platforms, in order to help the new business scale.

Space 245
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Why the Kmart-Target back end merger has been a decade in the making

Inside Retail

Chop and change Acquired in 2007 along with Coles and Kmart, Target started off in a strong position in Wesfarmers’ stable. Wesfarmers ultimately didn’t move forward with that plan, and instead decided to double down and invest in Kmart and Target independently. We’ve done a lot of listening to customers.

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

Inside Retail

We create sportswear with a street aesthetic, and we predominantly work with athletes – not so much influencers – in the functional fitness, running and CrossFit space. We didn’t plan on opening an office, but our first US team member has been here for almost two years. It’s really about building a brand from the ground up.

Expansion 243
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“We need retailers more than ever”: Brands urged to back Voice vote

Inside Retail

First Nations people have largely been mistreated by the government since the dawn of colonial Australia, and previous efforts to create a bridge have inevitably been scrapped by subsequent governments , such as the National Indigenous Council and Prime Minister’s Indigenous Advisory Council, abolished in 2007 and 2019 respectively.

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A Legendary VC Has a Plan for Solving Climate Change

Robinson Meyer

He has just published an interesting and unusual new book about it— Speed and Scale: An Action Plan for Solving Our Climate Crisis Now. He cited it in his 2007 TED Talk, in which he declared green technology to be “bigger than the internet … It could be the biggest economic opportunity of the 21st century.” You better fix it.’”

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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