Retail Focus

APRIL 24, 2024

The investment forms part of Derbion’s continuing growth strategy to reposition and support existing retailers alongside new lettings. By actively managing the centre, Derbion has unlocked space to ensure brands benefit from the optimum footprint and location to drive footfall and sales. The new 10,000 sq.

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Inside Retail

FEBRUARY 15, 2022

The pandemic continues to influence customer purchasing priorities and penetration in the omnichannel environment, which is affecting assortment mix and demand at each location. This is creating new challenges for retail operations, including a particular demand for agile merchandise planning and supply-chain processes.

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Inside Retail

AUGUST 23, 2021

And it doesn’t plan to stop there. last minute shopping needs, and complement our existing e-commerce offer,” Woolworths Metro general manager Justin Nolan said in a statement. Uber Eats regional general manager retail for ANZ, Lucas Groeneveld, said that the company has seen significant demand for grocery items on the platform.

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Compliantia

MARCH 31, 2023

The good news is, with proper planning, not only can you ensure that the right, in-demand products are available to customers when they need them, but also avoid ending up with excess inventory. This is where a merchandising plan can help. What is a merchandising plan and why should retailers care? Let’s get started.

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Inside Retail

MAY 9, 2022

There are two ways retail business owners can approach product pricing strategy. What the competition is doing will also be a factor in determining pricing strategy but it’s not everything – business owners need to focus on their operation. Is the cost of shipping materials from an overseas location spiralling?

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Inside Retail

MARCH 15, 2022

With customer demands coming in hotter and the stakes higher than ever, assortment planning is the key to profit growth. Here, we help you avoid profit margin mayhem with a considered, data-driven assortment plan. What is assortment planning? This is all managed by the store grading. Why is assortment planning important?

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Inside Retail

MARCH 26, 2024

This fleet of electric bikes that travel around the country gives everyone the chance to experience riding them on location for free,” Andrew Garnsworthy, CEO of 99 Bikes’ parent company Pedal Group, said. I started as general manager of Advance Traders in October 2008,” Garnsworthy added. The company achieved an 82.6,

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Inside Retail

APRIL 24, 2024

Legacy denim brand, Levi Strauss & Co has rolled out a direct-to-consumer first strategy across its East Pacific Asia market. Inside Retail sat down with Nuholt Huisamen, managing director of Levi Strauss & Co for East Asia Pacific, to unpack what the future of the DTC-first strategy means for the Asia market.

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Strategy Consumer Merchandising Location 147

Inside Retail

OCTOBER 31, 2023

Located about 9km north of the Sydney CBD, Chatswood Chase is a major regional shopping centre with an average household income 32 per cent above the city average. Peter Huddle, Vicinity’s CEO and MD, described the venue as an “iconic asset with strong growth potential” and a key pillar of the group’s strategy.

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Parcel Pending

FEBRUARY 15, 2024

The key to meeting these demands and bridging gaps in service offerings is efficient delivery management. This blog post discusses how effective delivery management benefits industrial distributors, as well as service delivery operation strategies and methods distributors can use to improve their delivery management systems.

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RetailMinded

OCTOBER 2, 2023

Effectively managing a retail supply chain is essential for meeting customer demands and maintaining a competitive edge in the market. Tackling retail supply chain challenges is a blend of smart strategies and the right technologies. Risk Management and Resilience: Develop robust risk management strategies and contingency plans.

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Inside Retail

APRIL 8, 2024

The family-run business opened its first shop in the Royal Arcade in the Sydney suburb of Double Bay in October 1989 and currently has three locations after opening and closing stores locally and overseas. Growth happened organically as did the process of management transitions,” Angus Logan, managing director, told Inside Retail.

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Inside Retail

JUNE 1, 2021

Dymocks’ three-year plan will see the bookstore chain add another 20+ retail outlets to the network. CEO Mark Newman told Inside Franchise Business Executive there will be a mix of suburban and regional locations in the new store plan which will spread the book chain further into the north of the country.

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Inside Retail

SEPTEMBER 19, 2022

In just 10 years, Vietnamese fashion retail operator Maison Retail Management International (MRMI) has built a network of more than 120 retail stores across 18 high-profile international fashion brands. The post Exclusive: Vietnamese fashion operator eyes international expansion plan appeared first on Inside Retail.

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Inside Retail

MAY 9, 2021

During the pandemic, the Australian womenswear brand Witchery turned 50, but rather than kicking back to party, the retailer revved its omnichannel strategy and worked on a new physical store concept. Managing director Simon Schofield discusses the new bricks-and-mortar experience and the brand’s revitalised product range.

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Inside Retail

DECEMBER 8, 2021

The move marks the end of the company’s ambitious expansion plan in Asia, shifting focus to the Australian market for the foreseeable future. Everything was going really well but, as they say, ‘You can plan a pretty picnic, but you can’t predict the weather’. We [want to focus on stores] outside of the CBD locations.

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Inside Retail

MAY 1, 2024

After two years of declining revenue and profit, the American footwear retailer Foot Locker appears to be progressing on its turnaround plan, dubbed Lace Up, with its launch last week of the first “store of the future” at Willowbrook Mall in Wayne, New Jersey. billion in annual revenue by 2028. What inspired Foot Locker’s revamp?

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Creative Displays Now

MARCH 4, 2024

Whether you’re an experienced product developer or new to the retail industry, you must know strategies for introducing customers to your products and continuing to grow revenue. In most cases, consumer product manufacturers use a combination of online and offline marketing strategies to reach as many customers as possible.

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Inside Retail

FEBRUARY 25, 2024

Among consumer and retail sector respondents, 66 per cent said their organisations were most likely to apply generative AI in analysing customer data and creating personalised recommendations; 64 per cent will use it for trend analysis/predictive analysis for inventory management; and 40 per cent envision it helping them set competitive prices.

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Inside Retail

DECEMBER 11, 2023

billion acquisition offer from an investor group composed of Arkhouse Management and Brigade Capital. As Neil Saunders, managing director and retail analyst at GlobalData, noted, “While this would be lucrative for investors, it would not, in our opinion, bode well for the future of Macy’s. How did Macy’s get to this point?

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Department Stores Management Strategy Merchandising 244

Inside Retail

MARCH 15, 2022

After two years of riding a rollercoaster of challenges from delivery delays to quickly pivoting to online initiatives, Witchery managing director Simon Schofield is hopeful about the future of the business, with the re-emergence of large-scale fashion events, the introduction of greater diversity and new shopper behaviours.

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RetailMinded

MARCH 20, 2021

Opening a new business location, whether you’re a first-time business owner or the proud founder of a chain of independent retailers, is always something to celebrate. However, understanding what you can do to put yourself in a great starting position really begins with the location you decide to open at. Managing The Load.

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Retail Focus

APRIL 6, 2021

A host of retailers have confirmed reopening plans for April 12 as shoppers look forward to a return to bricks and mortar shopping after more than three months. John Lewis outlined its plans for April 12 for its remaining 32 shops in England (John Lewis/PA). Its Glasgow store will open on April 26 and its Edinburgh site on May 14.

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Planning Shopping Location Management 130

RetailMinded

MAY 3, 2023

Managing inventory is a crucial element of every retail business. Retailers know that inventory management is time-consuming and can pose difficulties. Thanks to technology-enabled best practices, managing inventory is easier than ever. Read on to learn the best practices in retail inventory management.

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Management Pattern Planning Marketing 52

Compliantia

DECEMBER 31, 2021

Having high standards and a strong plan of action is great, but even the best strategies will fall flat if they aren’t carried out properly. As Larry Bossidy, former AlliedSignal CEO wrote in the bestselling book, Execution: The Discipline of Getting Things Done , “Strategies most often fail because they aren’t well executed.”.

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Retail Focus

OCTOBER 4, 2023

Landlord CBRE Investment Management (CBRE IM) celebrates the opening of JD, the leading sports fashion retailer in the UK and its 4,453 sq ft regional flagship at the Ashley Centre, Epsom. This includes footwear and clothing from leading brands such as Nike, adidas, The North Face, and Puma.

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Accessories Accessories Fashion Expansion 147

Inside Retail

OCTOBER 31, 2023

A second store is scheduled for the Sunshine Coast later this month, and there are plans to extend the footprint to Sydney. Newford QSR also operates Cinnabon in a number of Queensland locations. Danny Cheung, managing director of Newford QSR Group, said “Jamba is a brand that’s adored worldwide.

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Location Planning Management Strategy 264

Inside Retail

AUGUST 15, 2021

“The big supermarket brands want you to spend more time in store, we want you to spend more time at home doing the things you love and we’ll deliver the groceries to your door,” said Dhruv Kohli, VP of growth and strategy at Geezy Go. The brand said it plans to expand to 200 locations globally by the end of this year.

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Inside Retail

JULY 10, 2023

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. He revealed that JB Hi-Fi also plans to move its e-commerce site to the Shopify platform in the future.

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Consumer Electronics Marketing Location Expansion 189

Inside Retail

FEBRUARY 26, 2024

Set benchmarks for inventory management, including the rate of inventory turnover and tracking and fill rate. Continue to review minimum stock limits and develop contingency plans should supply issues emerge. Pricing and promotional strategies will be vital as consumers are more cost-conscious.

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Inside Retail

JULY 5, 2023

Australian burger chain Grill’d recently opened its first drive-thru restaurant in Brisbane as part of a broader expansion strategy to service new markets and embrace new channels. He added that the brand will gain market and operational insights from the first drive-thru location, which will inform future growth plans. “We

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Strategy Concept Marketing Other 246

Snap Retail

MAY 11, 2021

Small businesses tend to have more trouble with inventory management than large-scale businesses. And that’s not because they have more goods to deal with but more specifics to deal with, i.e., management tips and procedures. What Is Inventory Management? Inventory managers may work alone or in a complete team.

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Inside Retail

APRIL 26, 2022

Here, Australia and New Zealand general manager Preet Bains discusses the brand’s omnichannel strategy, the sensory appeal of its unique stores and the key to maintaining the relevance of a legacy brand. . How would you describe Aesop’s strategy and approach to physical stores and their role? Please paint me a picture.

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Inside Retail

SEPTEMBER 17, 2023

Berkowitz said this signalled Berkowitz’s intention for the brand to preserve its distinct and creative style, with plans to reopen its physical stores and e-commerce operations later this year. We plan to maintain their creativity and, with a bit of assistance in the background, we can [build a strong business].”

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Inside Retail

FEBRUARY 4, 2024

Around 90 per cent of surveyed restaurateurs in Australia say they plan to expand their businesses in the next 12 months by offering new products or opening additional locations, and 80 per cent report feeling more optimistic about the future of their restaurants.

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Inside Retail

NOVEMBER 6, 2023

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. IR : Can you discuss how your previous experience has shaped your leadership and management style? PC: Great question.

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Inside Retail

FEBRUARY 27, 2024

This week, Macy’s announced plans to shut down 150 “underproductive” stores, more than one-fifth of its department store assemblage, over the next three years. The closures are a part of the retailer’s plan “to create a more modern Macy’s, Inc. The closures are a part of the retailer’s plan “to create a more modern Macy’s, Inc.

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Department Stores Location Planning Shopping 130