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Pop Mart profit more than doubles as global expansion continues

Inside Retail

The growth is largely due to expansion in multiple markets, especially in Asia where the ‘blind box toy’ specialist’s next expansion plan is into Vietnam with the opening of its first two stores. Collectible toy retailer Pop Mart says its net profit increased by more than 100 per cent last year.

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Victorian healthy cafe concept Green Cup speeds expansion

Inside Retail

Green Cup has opened its seventh store in Hawksburn Village as part of its Australian expansion plans. Located in the heart of Hawksburn Village, Malvern Road, Prahran, the location has an interior design collaboration with luxury design firm Hecker Guthrie.

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How Aussie menswear brand Peter Jackson is suiting up for e-commerce expansion

Inside Retail

So, understanding key sizes, locations, the right stock at the right place at the right time, will help shape our store experience,” Jackson said. This is a key part of the brand’s expansion, but it doesn’t mean stores will carry less stock. Data will shape how we fill out the shops moving forward.

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Goodbyes’ roadmap for national expansion and a store in every city

Inside Retail

But even with six, we’re proud to be the largest secondhand bricks-and-mortar retail service in Australia, and our plans are to achieve broad nationwide expansion in the next couple of years. We have so much demand for Sydney, but we’ve got to get the location right. OM: We’ve currently got six stores.

Expansion 244
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Lovisa reports strong revenue growth with accelerating global expansion

Inside Retail

It also debuted in China and Vietnam as part of global expansion, adding to the 12 new markets opened in the prior year. Europe also showed strong growth with 26 new locations, including 12 in France. The Australian-headquartered retailer opened 74 new stores and ended the half with a network of 854 across more than 40 markets.

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Burger Road drives local and interstate expansion

Inside Retail

Since opening the first store in 2017, the brand has built a network of three corporate and four franchisee-owned locations in Victoria. Location, location, location. “We We know our audience in terms of geographical locations,” Dewan says. The story is originally published on Inside Franchise Business Executive.

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What Vietnam’s new expansion rules mean for Australian retailers

Inside Retail

Now, the possibility of expanding in Vietnam in non-shopping mall locations has become a reality for some retailers that faced a serious barrier before. This advantage is reinforced by the fact that the ENT’s 500sqm rule can prevent those same internationals from opening stand-alone flagships in street locations.

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