Sun.Feb 05, 2023

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Bain Capital sells Boost Juice, Betty’s Burgers parent

Inside Retail

Bain Capital has sold its stake in Retail Zoo – which operates Boost Juice and Betty’s Burgers – to private equity firm Admantem Capital. The value of the deal was reported to be worth about $350 million. Upon completion of the deal, Retail Zoo’s new investment partner will own a majority of the business and partner with the existing management team led by Nishad Alani, CEO of Retail Zoo.

Expansion 279
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Multi-million-pound Barker and Stonehouse store takes shape in the North East

Retail Times

A showstopping furniture store with serious eco credentials is taking shape in Gateshead, North East England. Works are well underway to transform the former Snow + Rock site in Gateshead into a state-of-the-art flagship Barker and Stonehouse store, bringing together the very best in sustainable design, striking architecture and inspiring home interiors.

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Nick Scali sales, profit soar despite rising interest rates

Inside Retail

Furniture retailer Nick Scali has reported record sales in its December half and its profit jumped by 70 per cent. In an ASX announcement, the business said sales grew 57.4 per cent to $289.9 million while earnings before interest and taxes increased 65.5 per cent to $91.2 million. Tax-paid profit climbed 70.2 per cent to $60.6 million compared to the same period last year.

Planning 246
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Designers Bring Depth and Drama to Minimalist Gym

VMS

D ESIGN FIRM CUN FF (China) was recently charged with designing the 10th location for Hercules Fitness, a fitness brand that made its debut in 2021. The resulting 86,111-square-foot space in Kunming features a contemporary interior with sharp edges, a dramatic color scheme and a sleek vibe. Boasting a multi-functional training room, a Pilates classroom, a countercurrent swimming pool, a free strength area, upscale locker rooms with personal wardrobes, and even a self-service laundry area, the re

Design 52
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The Personalization Playbook: 2024 Strategies

Did you know—74% of IT leaders are looking to improve their tech stack to offer better personalization? It’s impossible to ignore the importance of personalization, but it comes with challenges. How do you do it with a tight budget? What about customer privacy and the use of data? The Personalization Playbook is packed with research and insights from Orium, Talon.One, and Bloomreach and gives IT leaders answers to these tough questions, helping them shape 2024 strategies for personalization.

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Domino’s opened most stores in 2022: fast food report

Inside Retail

Pizza giant Domino’s opened the most stores in the fast food sector last year, according to the 2022 Annual Fast Food & Quick Service Restaurant (QSR) Retail Network Report. Overall the fast food sector saw 301 new stores open a significant rise from the 188 store openings in 2021. Domino’s opened 34 stores, building its portfolio to 754 outlets.

Contrast 246
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Furniture joints can make or break an entire design project

Design Wanted

Today, there’s no need to settle on beauty or functionality. You can have both. Let us introduce you to some of our favorite one-of-a-kind furniture joints. […] The post Furniture joints can make or break an entire design project appeared first on DesignWanted.

Design 52

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Is all media good media? Experts weigh in on Adidas’ fake press release 

Inside Retail

Lately, it seems that Adidas has been in the headlines for all the wrong reasons. First, there was the furore around Kayne West and his anti-semitic rants, which forced the brand to sever ties, but only after public pressure made it clear there was no other choice. Then, there was the spoof press release written by an activist organisation dubbed The Yes Men, which claimed that Adidas had appointed a former Cambodian union leader as its new co-CEO, duping some reputable outlets, such as The Aus

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How AI is learning to build a better plant-based burger

Inside Retail

A lot has been said about AI’s role in the future of our society in recent months, with the likes of ChatGPT and Dall-E 2 enabling more people to test its capabilities than ever before. However, AI has more of a role to play in our lives moving forward than just acting as a personal assistant in your watch, or in helping to write up complex documents.

Texture 130
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The story behind Australia’s first online homewares supercentre

Inside Retail

Established bricks-and-mortar retailers such as Barbeques Galore, Beds n Dreams and Linen House are some of the first brands that have joined a new online homewares supercentre: Homemakercentral. Intended to be a digital companion to traditional homeware shopping centres, the marketplace was created by Bill Gremos, who identified that traditional retailers had to scramble and fight for online attention.

Curate 130
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Spanish designer Paco Rabanne dies, aged 88

Inside Retail

Paco Rabanne, the Spanish-born designer best known for his metallic ensembles and space-age designs of the 1960s, has died at the age of 88. The eponymous label he exited more than two decades ago hailed him as “among the most seminal fashion figures of the 20th Century” Rabanne dressed some of the most prominent stars of the 1960s, including French singer Francoise Hardy, whose outfits from the designer included a minidress made from gold plates and a metal link jumpsuit, as well as

Design 130
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Mapping Digital Transformation: Retail’s Strategic Shift

Speaker: Jennifer Wright, Michael Scholz, Jasmin Guthmann, and Scott Canney

Digital transformation in retail is so much more than new technology. You need to get your whole organization, from entry-level workers to executives, on board with the new tech, new skills, and culture changes that digital transformation brings. Leading this mindset shift can be a daunting task… but that’s where this webinar comes in! Join our panel of experts as they guide you through the challenges of digital transformation, preparing you to avoid common mistakes and make the most of incredib