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From China to India, how the world’s retail markets stack up: report

Inside Retail

Kearney, a renowned global consultancy firm, recently unveiled its latest findings in the 2023 Global Retail Development Index (GRDI) report , shedding light on emerging market potentials and strategic pathways for retail expansion. Estimates suggest China’s social commerce market enjoyed a 40.25

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Vietnam’s Vincom shifts focus from expansion to upgrades

Inside Retail

Reports have been circulating for more than a month now that Thailand’s Central Group is in talks with Vietnam’s Vincom Retail that could lead to the Thai company buying a majority stake. per cent, with the Plaza format, which accounts for about two-thirds of its shopping centre portfolio, sitting at 81.1 So far, it’s doing the trick.

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

Inside Retail

From waiting tables to a career in digital marketing and project management, each experience contributed to my business-building journey. With this capital in place, what are some potential areas of expansion for the brand planned? RR: Channel expansion is a primary focus for us. RR: Trust your gut.

Marketing 130
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Retail at the end of the world: How JB Hi-Fi aims to disrupt the NZ market

Inside Retail

Australian consumer electronics giant JB Hi-Fi announced a major expansion of its New Zealand operations last week , unveiling plans to double its store count in the next three to five years. The group eventually decided to “double down” on the New Zealand market, and invest in building it up as the broader retail market recovered.

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Lotte Duty Free wins Melbourne Airport rights

Inside Retail

Lotte Duty Free has inked a 10-year concession to operate duty-free shops at Melbourne Airport as part of its effort to further gain influence in Oceania as international travel resumes. The South Korean travel retail giant will begin operating its Melbourne Airport store on June 1.

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How premium Japanese outlet Gotemba is bringing beauty to bargain shopping

Inside Retail

So much so that Gotemba’s most recent expansion was opened confidently in the middle of the pandemic, bringing its store floor area to 61,000sqm and its store count to 290. The centre’s tenant lineup is a who’s who of high-end retail, featuring designers from all around the world. Thus, three expansions at Gotemba.

Shopping 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. In August, Macy’s announced that its second quarter net sales fell by 8.4 per cent year-over-year to US$5.1