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LSKD appoints first chief retail officer as part of its “audacious” growth plan

Inside Retail

Customer experience LSKD has ‘audacious’ growth plans for the next few years and Shaughnessy is expected to play a key role in helping the brand create a unique in-store experience and ensuring the right products are stocked in each store. LSKD recently took this concept on the road with its BAF (Big As F*ck) Bus, a pop-up on wheels.

Planning 264
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How Invertigro, Urban Plant Growers plan to shorten the food supply chain

Inside Retail

The alliance, which is made up of 165,000 businesses across the grocery supply chain, is calling for a ‘national food security plan’ to minimise future price increases due to further disruption. The post How Invertigro, Urban Plant Growers plan to shorten the food supply chain appeared first on Inside Retail.

Planning 246
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“Acai is the new bacon and egg roll” says Oakberry CEO Renan Fretes Pinto

Inside Retail

Brazilian restaurant chain Oakberry entered the Australian market in 2018 after ANZ CEO Renan Fretes-Pinto identified a gap in the market for healthy fast food. Renan Fretes Pinto: We opened the first international store in Bondi in December 2018. I thought that this concept would go so well in Australia.

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Victoria’s Secret Plans ‘Store of the Future’

VMS

Columbus, Ohio) is planning to debut three “test” locations by this fall. It’s dubbing the concept “store of the future” and is planning to rollout another 10 test locations by 2022, reports CNBC. In 2018, the brand had 1143 locations and today it operates 867. Victoria’s Secret & Co.

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“Impossible to ignore”: Witchery MD’s plans to capitalise on digital growth

Inside Retail

During the pandemic, the Australian womenswear brand Witchery turned 50, but rather than kicking back to party, the retailer revved its omnichannel strategy and worked on a new physical store concept. IR: What are your plans for Witchery going into the next financial year?

Planning 246
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Amazon to close physical bookstores, focus on groceries

Inside Retail

Amazon is planning to shut all 68 of its physical bookstores, Amazon 4-star, and Pop up stores across the US and UK, shifting its focus to the groceries businesses and new retail concepts, the company told Reuters. It has plans to investigate larger format non-food shops, open a fashion concept, and continue its drive-in grocery.

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What is an ‘everything app’ and why does Elon Musk want to make one?

Inside Retail

Musk is now willing to proceed with his original plan to buy the social media company for $44 billion and late on Tuesday he tweeted: “Buying Twitter is an accelerant to creating X, the everything app.” Yes, Snapchat parent Snap Inc previously introduced peer-to-peer payments called Snapcash, but ended the feature in 2018.