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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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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

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. The momentum behind the Toys “R” Us brand and its return to key markets including the UK and United States has been phenomenal.

Expansion 246
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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.

Hobbies 246
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Our Barehands’ founders talk entrepreneurship and finding work-life balance

Inside Retail

I was pursuing a business marketing degree and knew from the beginning that I wanted to use my skills for a good purpose. I’ve hence always looked out for opportunities where I could combine my passion for humanitarian work with my marketing and design competencies. IR: What’s your approach to work-life balance?

Balance 130