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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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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
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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. The impacts of Covid-19 are just the icing on the cake.”

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How Indian brands could benefit from Walmart’s ambitious export goals

Inside Retail

Joined by his management team, McMillon met with suppliers, merchants, grantees, artisans and MSMEs (micro and small to medium enterprises) across the company’s programs, such as Walmart Sourcing, Walmart Vriddhi, Flipkart, PhonePe, Walmart Marketplace, Walmart Global Tech In India and Walmart Foundation.

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

Inside Retail

Here, we speak to founder and CEO Jason Daniel about the brand’s international strategy, e-commerce’s growing interest in physical retail, and doing more with less. We didn’t plan on opening an office, but our first US team member has been here for almost two years. JD: We don’t have any concrete plans yet, but we will.

Expansion 243
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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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Bunnings MD Mike Schneider: “I have the best retail job in the country”

Inside Retail

Last week, Bunnings managing director Mike Schneider joined Australian Retailers Association CEO Paul Zahra on the ARA podcast about how he began his career in retail, what a typical day looks like for him – and why he reckons he has the best retail job in the country. They were happy to take me on as a regional manager in Victoria.