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Toys ‘R’ Us names Penny Cox as its new CEO

Inside Retail

She will replace Louis Mittoni, the controlling shareholder, who has taken a step back in the organisation as part of a strategic plan for the expansion of the ASX-listed business announced in March. Cox has held roles with companies including Ocado, Coles, Redmart, Alibaba and Carousell across the UK, Australia, and Southeast Asia.

Hobbies 245
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“Reignited appetite”: Why retailers are seeking greener pastures overseas

Inside Retail

During the years affected by Covid-19 pandemic restrictions, when freedom of movement was restricted, Australian retailers redoubled their efforts to consolidate their position in the local market. But, with consumers facing rising inflation and cost of living pressures across the world, the stakes for international expansion are high.

Expansion 246
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Child’s play: Inside Toys ‘R’ Us’ expansion strategy

Inside Retail

The most significant initiative for the year, and potentially one of our greatest for years to come, was to secure exclusive licensing rights to operate Toys ‘R’ Us and Babies ‘R’ Us in the UK, the largest toy market in Europe and fourth largest in the world, with a total addressable market of £3.3

Expansion 130
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A day in the life of Rebecca Vallance-Gasan: “I am hyper-organised”

Inside Retail

The plan is to reach 20 stores globally within the next few years, with a focus on strategic growth across both the direct-to-consumer business and international wholesale. I launched and established Rebecca Vallance in London in 2011, before returning home to Sydney to continue our expansion. I also love travelling.

Hobbies 147
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How Toys ‘R’ Us aims to bring joy and wonder back to the brand

Inside Retail

Here, she discusses her philosophy for finding and managing good people, the global company’s sprawling plans for expansion, the importance of an exciting customer experience in toy stores, and more. My vision for the company is that we are truly an authority on toys (and babies and hobbies), and all aspects of development and play.

Gifts 246
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How To Set Up A Retail Business

Retail Focus

The restrictions imposed during the coronavirus pandemic resulted in many people learning new skills or returning to hobbies that had previously fallen by the wayside. Creating a business plan. Writing a business plan outlines what your business does and the goals you want to achieve. Market research.

Hobbies 147
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How Pizza Capers’ founder is driving Gnocchi Gnocchi Brothers’ rapid growth

Inside Retail

While there’s discussion surrounding how many Gnocchi Gnocchi Brothers spots there will be across the state, there are plans to build the gnocchi empire to about 20 locations by 2026. “It It became a job as well as a hobby, so I thought I should become more involved,” Russo said. We’ll start from the city, then go west, then go south.

Hobbies 246