Inside Retail

SEPTEMBER 13, 2023

Guzyman y Gomez founder Steven Marks has revealed a revenue of $759 million in the 2023 financial year, a lift of 32 per cent on the previous year. The GYG app and website accounted for 17 per cent of Australian network sales in June 2023. The figure is a 12 per cent rise on the contribution in June 2022.

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Retail Focus

NOVEMBER 10, 2022

The special Holiday Market from the luxury Italian fashion house brings colour and typical symbols of Sicilian folklore to the Piazza, with the super-Instagrammable retail pop-up now open until 15th January 2023. The Dolce&Gabbana Holiday Market Piazza pop-up opening times are: 10am – 8pm Monday – Saturday, 12 – 5pm Sunday in November.

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Inside Retail

AUGUST 16, 2023

The fast food sector has opened 174 more stores than it closed over the last 12 months, an extra 17 outlets compared to last year. The report reveals that for the 12 months ending 30 June 2023, 336 new stores opened and 162 closed in the 29 brands it monitored. Fast food stores 2023- which brands grew?

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Inside Retail

OCTOBER 22, 2023

Costco now operates 861 member warehouses (it added 23 new ones and relocated three in the last 12 months) in 14 countries, including four in Asia: Taiwan, Japan, Korea and China. Company membership count for fiscal 2023 was 71 million, up from 65,800,000 in the previous year. Worldwide membership renewal rate in 2023 was 90.4

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Inside Retail

JANUARY 15, 2024

For example, Pearson pointed to the Grimace Shake takeover of 2023. To honour Grimace, a character in the McDonald’s storytelling universe, the fast food retailer decided to make a purple shake and release it on his birthday, June 12. However, the campaign did not go off exactly as planned. What have been the keys to their success?

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Retail Focus

FEBRUARY 6, 2023

EuroShop 2023 is set to be more important than ever as the global retail industry looks to recover from the effects of the pandemic. EuroShop 2023 will also be focusing on key topics such as Connected Retail, Smart Store, Energy Management, Third Places, Customer Centricity, Experience and Lively City Centres.

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Inside Retail

FEBRUARY 8, 2024

King has been on a 12-month rolling contract with Myer since 2018 and has decided to retire at the end of this financial year to return home to Florida to be with his family. The customer-first plan was introduced back in 2019 and remains the centrepiece of the company’s strategy to deliver for all its interested parties.

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Inside Retail

FEBRUARY 14, 2023

With interest rates still high, even the normalisation of costs for many food items has not reassured consumers, and many intend to continue a cautious spending approach in 2023. Another sign of the leveling off of e-commerce is that only 30 per cent of retailers list growing online as one of their top priorities for 2023.

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Inside Retail

DECEMBER 5, 2023

The changes announced jointly by the communications and finance ministers, have been trialled and will roll out over the next 12 months along with other reforms like increasing the number of parcel collection points. Australia Post will also have an extra day to deliver regular mail. But it lost A$200 million ($131.70

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Retail Focus

NOVEMBER 29, 2023

Aptos , a leader in unified commerce solutions, today announced the findings of its 2023 Golden Quarter Consumer Survey. Special in-store events and festive decorations, lights and displays were cited as some of the top draws of stores during the Golden Quarter. Just 12% of those surveyed started Christmas shopping prior to October.

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Inside Retail

APRIL 22, 2024

Apac’s food-service spending surpassed pre-Covid levels in 2024, as revenues grew 12 per cent to more than US$1.2 trillion in 2023. In transaction volumes, the market experienced 10 per cent growth in 2023, outpacing the rate of new outlets opening, which remained at 3 per cent growth.

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Retail Focus

JANUARY 11, 2024

However, those who did place fashion orders were spending more during the Golden Quarter (Q4), with fashion revenues up +10% in October, +12% in November and +6% in December. Order volumes of apparel fell by -7% year-on-year in December. Meanwhile Average Order Value (AOV) also grew 11% compared to 2022 in Q4. Over BFCM, True Fit saw 2.4

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Inside Retail

AUGUST 31, 2023

Costco Australia’s CEO to retire By Dean Blake Costco Australia’s chief executive Patrick Noone has confirmed he will retire at the end of 2023 after more than three decades at the company. Restaurant Brands’ share value has fallen from $12 per share to $4 per share over the course of the past 12 months.

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Retail Focus

FEBRUARY 9, 2024

The announcement comes as EE commits to investing £6 million in the British high street in the next 12 months, a sign of EE’s belief in, and ongoing commitment to, brick-and-mortar retail. The new retail strategy was announced in June 2023 with the launch of the EE Studio store in Westfield London, White City.

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Inside Retail

NOVEMBER 21, 2023

Entering the important holiday season, our fiscal 2023 year-to-date results give us the confidence that we can continue to deliver for our customers and drive profitable growth,” said CEO Fran Horowitz. The company raised its full-year outlook, expecting net sales to increase 12 to 14 per cent. million last year to a profit of $96.2

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Inside Retail

FEBRUARY 20, 2023

Policymakers navigate a narrow path Notwithstanding the strength of the economy in 2022, the headwinds to momentum in 2023 are clear. Interest rates are also putting pressure on household budgets for those with a mortgage (around a third of households), and this squeeze is set to increase as those with fixed mortgages refinance through 2023.

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Retail Focus

MARCH 8, 2023

1 of 12 LONDON, ENGLAND - MARCH 07: Gemma Collins attends the Sephora UK Store VIP Launch Party at Westfield London on March 7, 2023 in London, England. Photo by David M. Photo by David M. Photo by David M. Photo by David M. Photo by David M. Photo by David M. Photo by David M. Photo by David M. Photo by David M.

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Retail Times

APRIL 17, 2024

Delivery management platform, Scurri, today reported an increase in the total gross merchandising value (GMV) of goods processed through its platform, which totalled over €12 billion in 2023.

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Inside Retail

JANUARY 2, 2024

The number of branded coffee shops in China grew a staggering 58 per cent in the last 12 months to 49,691 outlets, according to Alegra Group, a company that tracks the growth of coffee chains. There is harsh competition between the local chains and international chains, said Matthew Barry, a beverages analyst for Euromonitor.

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Retail Focus

OCTOBER 26, 2023

October 2023 The new 186sqm Blanchardstown LEGO store offers an extensive and exclusive range of new products including the new LEGO Icons Concorde and the LEGO Star Wars TM Venator Class Republic Attack Cruiser. October 2023 The LEGO Store Blanchardstown is located on Level 2 of Blanchardstown Centre, Blanchardstown Road S.

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Inside Retail

AUGUST 24, 2023

The deal contact allows for 12 months for the transaction to be completed, according to the sources. per cent increase in same-store sales in the first half of 2023. Its 12-month earnings before interest, taxes, depreciation and amortization are around $800 million, according to the sources. The company saw a 9.85

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Inside Retail

FEBRUARY 28, 2023

Over 12 years ago, when I started Rebecca Vallance and was living in London, I would never have dreamed that the business would be where it is today, and it’s all thanks to our customers. Some have even been with me since the early days around my kitchen table as young people and now head up departments 12 years later. Download here.

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Design Week

JANUARY 3, 2023

2023 is going to be an important year within the design space; 12 months that will undeniably set the tone for the next decade. The mindset of consumers has undoubtedly changed as we see people becoming increasingly more driven by their own value systems.

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Inside Retail

MAY 5, 2024

Microsoft shelled out US$14 billion in the most recent quarter on capex, with Alphabet’s Google not far behind, at US$12 billion. Its capital expenditure for all of 2023 was just over US$10 billion. Meta Platforms told investors last week to expect as much as US$40 billion in capital expenditures this year.

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Talking Retail

NOVEMBER 8, 2022

The rate of food price inflation will peak at 17-19% in early 2023, then begin to slow over the following 12 months, suggests a new forecast by grocery market analyst IGD. Speaking at today’s Insight & Impact 2022 conference in London, IGD chief economist James Walton said the biggest food price inflation drivers would come.

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Inside Retail

OCTOBER 12, 2023

According to Paul Zahra, CEO of the Australian Retailers Association, the 2023 festive season is “not looking as great as we would like to see.” There are going to be winners and losers,” Zahra said at the ARA’s Christmas Insights Breakfast on October 12.

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Inside Retail

MARCH 7, 2024

At last month’s Toy Fair in Melbourne, Josh Bonello, sales director of toy manufacturer and distributor BMS Brands, recalls every retailer he engaged with saying they wanted to forget 2023, a terrible year for most. The company targets children from six months to 12 years. We developed it in a relatively short time.

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Retail Times

MARCH 4, 2024

Going live across 12 markets, the campaign is the next instalment for the plant-butter brand’s communications, initially launched in the UK in 2023. Flora has today launched the latest iteration of its Skip The Cow brand campaign in partnership with creative agency, Pablo.

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Retail Focus

APRIL 24, 2023

The 11 th year of the CX Retail Exchange , 11-12 July 2023, will invite senior customer experience leaders in retail to the Hilton, Syon Park, to explore the biggest challenges and solutions in the industry. To secure your place at the CX Retail Exchange 2023, request an invitation or visit our site.

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Drytac

DECEMBER 6, 2023

In what was an incredibly busy 2023 for the industry, Drytac published a series of insightful blogs focusing on some of the major talking points from the last 12 months. To explore the topics in full and to access the advice and guidance from Drytac and its trusted partners, all blogs published in 2023 are available below.

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Inside Retail

FEBRUARY 16, 2023

Temple & Webster’s sales fell by 12 per cent to $207 million, and profit by 46.7 According to Jarden research analysts Wilson Wong and Matt Johnston, Temple & Webster’s 12 per cent fall in revenue was in line with its estimate. per cent to $3.9 million, during the six months to 31 December.

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Inside Retail

JUNE 20, 2023

The Crimes Legislation Amendment Bill 2023 will introduce three new offences into the Crimes Act 1900: Assault, throw a missile at, stalk, harass or intimidate a retail worker in the course of the worker’s duty, even if no actual bodily harm is caused to the worker, with a maximum penalty of four years imprisonment.

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