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Lotte Duty Free wins Melbourne Airport rights

Inside Retail

The travel retailer also plans to increase the Melbourne Airport store’s footprint to 5800sqm in the future, eyeing annual sales of $243 million. The company expanded into the Australia-New Zealand travel retail market in 2018 after acquiring five duty-free shops in the region from JR Duty Free.

Expansion 235
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JYSK to open two new stores in Greater Manchester

Retail Focus

The largest Danish retailer operating globally, JYSK , is set to open two new stores within the Greater Manchester region as part of its ambitious UK expansion plans. The post JYSK to open two new stores in Greater Manchester appeared first on Retail Focus - Retail Design.

Expansion 173
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How US start-up Subtl Beauty stacks up in a hypercompetitive beauty market

Inside Retail

Launched in 2018, Subtl Beauty is built around the idea of having all your makeup essentials — like concealer, blush, and powder — in one easy-to-use stack, or ‘stak’, as the brand dubs its hero product, rather than carrying around a bulky slew of items. IR : In December 2023, Subtl Beauty raised $8.4

Marketing 130
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The retail contest between CBDs, malls and online is set to reshape our cities

Inside Retail

Aussie consumers spent a whopping A$353 billion on retail goods in 2022 compared with $275.3 billion in 2018 – a 28.2 Over the same period, online retail spending increased by 132 per cent from $27.5 It now accounts for just over 18% of retail spending in Australia, up from 10 per cent in 2018. per cent increase.

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Why so many global brands fail in Australia

Inside Retail

They arrived with great fanfare but many international retail brands have found the Australian retail market has been a graveyard. Like many local retailers, the foreign entrants have not understood the multicultural market dynamic and lifestyle differences from their home markets, let alone the structure of the retail industry.

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Locals rebuff invaders: Inside Vietnam’s convenience stores war

Inside Retail

billion in 2018-19 – gained a foothold in the sector by snapping up rival retail groups including 23 Fivimart supermarkets, 87 Shop&Go convenience stores and the smaller Queenland convenience-store chain, rationalising and rebranding the network under the VinMart banner. A new Nova Market store: 450 planned initially.

Marketing 130
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How Indian brands could benefit from Walmart’s ambitious export goals

Inside Retail

Just to recap, Walmart first entered the Indian market in 2007 with the wholesale ‘cash and carry’ business, Bharti Retail. Then, in 2018, Walmart acquired a 77 per cent stake in Flipkart, India’s largest e-commerce firm, for US$16 billion. The service debuted back in 2019 , at Salem in New Hampshire.

Strategy 130