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How 99 Bikes plans to return to profit with an electric-powered push

Inside Retail

Australian specialty retailer 99 Bikes has announced its B Corp certification as the business continues to backpedal from its $12.4 This year, the group has closed three stores in New Zealand and in the highly competitive UK market, two closures are planned. million loss in FY23 after a $23.7 million profit the year prior.

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Revealed: Raffles’ strategy to lure back in luxury customers

Inside Retail

The Raffles team plans to complete the mall rejuvenation program by the end of the year, with the plan to execute more unique, experiential events and activities to engage shoppers. This program will cover around 111,000 sq ft of retail space across levels one to three.

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Bed Bath & Beyond Confirms $1.2 Billion-Plus Loss

VMS

26, the same figure the struggling retailer said it expected to post in a business update it issued last week. That update also said there is “substantial doubt” the specialty retailer can continue operating, but the latest release did not include that phrasing. (Union, N.J.)

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Retail appointments of the week

Inside Retail

With these appointments, the company looks forward to a continuation of this journey as Australia’s leading specialty retailer of BBQs and outdoor products.”. Eco-friendly lifestyle online retailer Flora and Fauna has just hired Nadia Lotter as general manager. Flora and Fauna welcomes on board new GM.

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Bed Bath & Beyond Confirms Sales Decrease of 33%

VMS

26, the same figure the struggling retailer said it expected to post in a business update it issued last week. That update also said there is “substantial doubt” the specialty retailer can continue operating, but the latest release did not include that phrasing. (Union, N.J.)

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What is Omni-channel Retail?

Retail Bound

Brands also need to think about the level of customer service and how the retail store partner will ensure that good customer support for their product. All retailers are not the same, and a good go-to-market retail store strategy will consider the pros and cons of going with a large retail chain, a regional chain, or a specialty retailer.

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Here’s how Best & Less plans to stand out in the crowded discount sector

Inside Retail

Best & Less sees itself as a hybrid between a discount department store (DDS) and specialty retailer. “We We are a value retailer, like DDS participants, but we approach it with a specialty mindset. On being everyday low cost. For us, quality and value must go hand in hand,” Orrock said. “We

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