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Poshmark to exit Australia to focus on core markets

Inside Retail

The company said on its website that it plans to increase investment and “drive meaningful growth” in its core markets – the US and Canada. The Posh Credit for these markets will expire after October 25, while unshipped orders will be automatically cancelled on October 28. million monthly active users on its phone apps.

Marketing 263
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As France weighs fast-fashion ban, is the circular economy the future of retail?

Inside Retail

It’s a trend that’s also playing out close to home with Roy Morgan’s Future of Australian Retail address highlighting the dichotomy between the $8 billion in sales cheap offshore marketplaces are sucking out of the market versus the increase in people wanting to shop more ethically and sustainably while still looking for quality.

Fashion 162
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Foodle: the new food emporium capitalising on appetite for Asian cuisine

Inside Retail

Loh, known for successful Australian restaurant chains including Sushi Jiro, Old Beijing, and Dragon Hotpot, plans to expand the Foodle concept in the coming months. ABS data showed that the number of Australians who listed India as their country of birth increased from about 337,000 to over 700,000 between 2011 and 2021.

Location 240
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How Petico aims to resurrect Singapore’s Perromart amid pet-care boom

Inside Retail

The deal marks Creador’s 50th investment since its establishment in 2011. According to Choy, in a rapidly growing pet food market like Singapore, Petico’s strategy to capture market share hinges on its unwavering commitment to provide pet owners with high quality pet food. We plan to do the same in Singapore.

Expansion 130
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EE and ITV unveil latest store opening on the cobbles of Coronation Street, in new partnership

Retail Focus

ITV and EE today announce a new product placement partnership, with plans unveiled for EE’s latest store opening on one of the most famous streets in the UK, Coronation Street. Product placement (PP) was introduced in the UK in 2011 and ITV led the way with the very first PP on British screens.

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Retail appointments of the week

Inside Retail

She left university in 2011 and returned to Krispy Kreme as a state manager before progressing to senior leadership positions including national operations manager and head of retail & development, where she was instrumental in the brand’s expansion into Western Australia and New Zealand.

Expansion 130
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Why hot sauce is taking the world by storm – and how brands are cashing in

Inside Retail

Australian entrepreneur Renae Bunster started making her own hot sauce following a trip to Mexico in 2011, eventually launching the brand Bunsters in 2015. “I It’s not all about heat According to data from Fortune Business Insights, the US market for hot sauces is projected to grow at a compound annual growth rate of 7.42 What’s next?

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