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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. A year later, Turner founded the Pedal Group, as a joint venture between the Turner family and Flight Centre in 2008.

Planning 130
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Starbucks Australia pursues plastic-free future with new cup and start-up

Inside Retail

After initially launching here in 2000, it withdrew from the market in 2008, before relaunching that same year under the ownership of the Withers Group. Starbucks Australia confirmed a new way to consume take-away coffee will be created and introduced for Australians in 2024.

Harmony 260
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Reinvest and innovate: Key takeaways following Fenton & Fenton collapse

Inside Retail

This collapse follows the demise of Australian furniture brand Brosa late last year – which cited declining sales and cash flow pressures – as well as heightened challenges faced by small-to-medium sized retailers that are struggling to cope with rising costs, and a slowdown in foot traffic and consumer activity. The jury is out.”

Flow 243
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UK Q3 Retail Performance Expectations

Retail Focus

This represents the lowest point since Q3 2020 when the UK was in the midst of tiered lockdown restrictions and about to enter Lockdown 2, and -23 points lower than Q3 2008, at the start of the Financial Crisis and the beginning of the Credit Crunch. percentage points quarter-on-quarter.

Consumer 130
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“Different journeys”: An inside look at Replay Jeans and Superdry

Inside Retail

General Manager for Brand Collective’s apparel brands Superdry and Replay Jeans , Alastair Davies is responsible for driving brand awareness and growth for the international brands across the ANZ region. It’s been in the market since 2008, and is well established. I’ll start with Superdry. AD: Absolutely.

Strategy 246
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Retail appointments of the week

Inside Retail

million consumers each year. Collins Foods CEO joins board as managing director. Taco Bell and KFC parent company Collins Foods has just welcomed Collins Foods CEO Drew O’Malley to the Board as managing director. He was also previously managing director at Starbucks. Burberry CEO leaves for luxury rival Ferragamo.

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No one will escape: Industry leaders on navigating the retail recession

Inside Retail

With high inflation and climbing interest rates, consumer sentiment is set to plunge further, with retail spending set to decline in the June quarter. But what are the implications of a retail recession, and just how damaging will it be for retailers and consumers? The consumer is certainly hurting,” he said.

Consumer 246