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Toys “R” Us promotes new COO, sells off UK toy manufacturer

Inside Retail

Toys “R” Us has announced the appointment of chief operating officer, Lian Yu, who has been promoted from her previous position of general manager of the brand. In her new role, Yu will oversee all Toys “R” Us ANZ Limited operations, including Funtastic, Toys “R” Us, Babies “R” Us, Hobby Warehouse and Mittoni.

Promotion 238
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‘I find purpose and meaning in my work’: Dsmile founder Joseph Badr

Inside Retail

JB: Managing a team and executing plans were the hardest challenges I had to face, especially when time and resources are limited. I had to find the balance between managing the team and executing our plans, which can be difficult when there are competing priorities. IR: What do you love about your job?

Hobbies 130
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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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Toys ‘R’ Us to open immersive experience centre in Victoria next year

Inside Retail

Toys ‘R’ Us is planning to open a first-of-its-kind experience centre at a new headquarters and logistics hub it is building in the Melbourne suburb of Clayton, as the strategic review and restructure of the business comes to an end. Hobby Warehouse relaunched Toys ‘R’ Us as an online-only business in 2019.

Hobbies 130
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“Reignited appetite”: Why retailers are seeking greener pastures overseas

Inside Retail

According to HSBC research , more than half of Australian mid-size companies are planning to expand offshore in 2023, and enter at least one new foreign market. Regardless, we will exercise caution and prudence regarding our expansion plans in the short term.” The brand recorded an EBITDA loss of $6.7

Expansion 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. What are the products you’ll stock?

Hobbies 147
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Don’t inbox-watch: How Officeworks’ merchandise GM balances his attention

Inside Retail

After almost 30 years in the retail industry, Officeworks general manager of merchandising Jim Berndelis has gained plenty of experience and life lessons. From there, I’ve worn many hats in our support office and in various roles across the merchandise function: from demand planning to buying to buying manager.

Balance 130