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MyDeal launches local experiences marketplace, plans for expansion

Inside Retail

The new website will utilise MyDeal’s proprietary marketplace technology and existing 1 million active customer base to offer a one-stop shopping experience for activities and experiences for locals. MyDeal founder and CEO Sean Senvirtne said the supply side of the experiences market is highly fragmented.

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Ikea unveils US$2.2 billion expansion plan 

Inside Retail

Ikea is planning to invest more than US$2.2 billion in an omnichannel expansion strategy in the US over the next three years. Ikea expects to open eight additional shops, nine Plan & Order points, and create more than 2000 jobs during this first phase of expansion.

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

Inside Retail

Under the leadership of the brand’s marketing director Nick Jackson, the third generation of the family to run the business, Peter Jackson has rolled out a new e-commerce platform, which supports a seamless omnichannel experience for customers across all touchpoints. Data will shape how we fill out the shops moving forward.

Expansion 243
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Your Food Collective gains $1.4m in funding to power expansion plans

Inside Retail

million from public and private investors through Equitise, and plans to grow its Sydney and Newcastle-focused service nationwide. Your Food Collective averages a 135 per cent year-on-year growth rate, and has hit 12 per cent market penetration, according to its Equitise campaign. The post Your Food Collective gains $1.4m

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Exclusive: Vietnamese fashion operator eyes international expansion plan

Inside Retail

Now the company’s founder has disclosed, in an interview with Inside Retail , plans to treble its store network within five years, add another 10 brands to its portfolio, and expand abroad – all while preparing for a potential IPO. A lucrative market for affordable fashion. It is targeting 30 per cent annual sales growth by 2025.

Expansion 130
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Lids opens quartet of UK stores as part of international expansion

Retail Focus

The launch forms part of a wider plan to increase the brand’s international presence, representing the first of many physical stores planned across the continent. We are excited to bring our brand and product to market.”. The brand currently has 2,000 stores throughout the U.S.

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Aldi Australia plays down imminent e-commerce expansion reports

Inside Retail

Aldi Australia says it continues to explore opportunities to offer online shopping, however, it has downplayed media reports of an imminent move and says comments made by one of its executives were “slightly misconstrued”. Last August, Aldi trialled a limited online shopping offer, allowing customers to buy some Special Buy items.

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