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Overseas expansion is risky, but these Aussie retailers are doing it anyway

Inside Retail

Venturing into new overseas markets potentially spreads the risk of trading downturns, but, more significantly, it can offer stronger growth prospects than the mature and highly competitive Australian retail market. Neither parent company is currently planning bricks-and-mortar stores in the US.

Expansion 264
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Locals rebuff invaders: Inside Vietnam’s convenience stores war

Inside Retail

Since the beginning of this year, the chain has opened 300 Winmart+ stores, with 800 more planned by the end of this year. According to a report from market research house Q&Me, WinMart+ now dominates Vietnam’s convenience store market. A new Nova Market store: 450 planned initially. Source: Statista.

Marketing 130
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‘Gen Z wants to see change’: Princess Polly’s journey towards diversity and inclusion

Inside Retail

Inside Retail : Can you give me a quick snapshot of what Princess Polly is like? Kim Zorn: Princess Polly’s story started around 2010 from a beachside apartment on Australia’s Gold Coast. That’s when we really burst onto the retail scene.

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Analysis: Will the market pay 7-Eleven’s $2 billion asking price?

Inside Retail

The 7-Eleven Holdings board’s decision to seek a buyer for its network of about 750 retail outlets continues a seismic restructuring of the convenience retail market in Australia. The decision by the leading retail franchisor and Australia’s largest private company in fuel sales should have caught no one by surprise.

Marketing 147