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

Inside Retail

Australian retailers are expanding their horizons after the Covid pandemic and actively assessing opportunities overseas. Despite some unsuccessful forays beyond the borders of Australia and New Zealand by some retailers, there is increasing optimism about global expansion.

Expansion 264
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Why New Balance is putting people at the heart of its new store concept

Inside Retail

New Balance recently revealed a new retail concept store at Paragon Shopping Centre in Singapore centred on experience and carrying a curated selection of footwear and apparel that caters to athletes and fashion enthusiasts. The open concept creates a space where consumers can shop cross-category to match their personal style.

Balance 130
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Vietnam’s Vincom shifts focus from expansion to upgrades

Inside Retail

Vincom tries to cover itself with four tailored formats: Vincom Center, which is designed for high-density locations; Vincom Mega Mall, a retail/entertainment concept averaging about 110,000sqm of gross floor area (GFA); and Vincom+ and Vincom Plaza, two formats that are oriented toward smaller provincial cities.

Expansion 130
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How US start-up Subtl Beauty stacks up in a hypercompetitive beauty market

Inside Retail

Rachel Reid spoke with Inside Retail about her longtime love for beauty and building a makeup brand through the thick of the pandemic, and gave a sneak peek into upcoming plans for the company. Inside Retail : How did the idea for Subtl Beauty come about and how did you come up with the name for the brand?

Marketing 130
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From mini stores to the metaverse, will Macy’s new moves pay off?

Inside Retail

Macy’s has been stepping up to the plate with a series of new moves, from the expansion of its smaller-footprint stores, to a new digital fashion platform targeting younger shoppers. Can an old dog learn new tricks? In August, Macy’s announced that its second quarter net sales fell by 8.4 per cent year-over-year to US$5.1

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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. In some cases, the failed Australian ventures were part of a flawed strategy to breathe growth into struggling home market operations.

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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