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1 week ago | 
insideretail.asia | Sean Cao |Tamera Francis |Michael Baker |Kaycee Enerva
Japanese convenience store chain Lawson plans to raise its store count in overseas markets and accelerate growth in Southeast Asia over the coming years. According to Nikkei, the chain is targeting 14,000 overseas stores over the next six years. Its international network currently includes 7400 locations in China, Thailand, the Philippines, Indonesia and the US state of Hawaii.
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3 weeks ago | 
insideretail.asia | Michael Baker |Irene Dong |Tamera Francis |Anil Prabha
Is the Thai home improvement sector due for a shakeout? With competition in the sector heating up, the major rivals are all looking at ways of taking market share and it seems as though expansion of store fleets has been identified by all of them as the way to go. If that continues, there won’t be a lot left for the lesser lights.
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2 months ago | 
insideretail.asia | Michael Baker |Irene Dong |Anil Prabha
Phnom Penh’s struggling retail scene just got a shot in the arm with the opening of Oh!some’s new flagship at Aeon 3 mall in Mean Chey, just south of the city centre. The store, which now headlines the first floor of the capital’s glitziest mall, is the first in Cambodia for the Singapore lifestyle retailer, which now also has branches in Malaysia and Indonesia. Its store fleet now numbers more than 90 in all.
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2 months ago | 
insideretail.com.au | Michael Baker |Celene Ignacio
Phnom Penh’s struggling retail scene just got a shot in the arm with the opening of Oh!some’s new flagship at Aeon 3 mall in Mean Chey, just south of the city centre. The store, which now headlines the first floor of the capital’s glitziest mall, is the first in Cambodia for the Singapore lifestyle retailer, which now also has branches in Malaysia and Indonesia. Its store fleet now numbers more than 90 in all.
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2 months ago | 
insideretail.com.au | Michael Baker |Celene Ignacio |Stephanie Chadwick
With air freight rates predicted to return to normal this year, retailers and their suppliers are looking to rationalise traditional supply chain routes from factories to localised warehouses. In many cases, they are mixing air and sea freight solutions.
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2 months ago | 
insideretail.com.au | Celene Ignacio |Michael Baker |Tamera Francis
Petbarn has partnered with Ooh! Media-powered Reo to launch a pet media platform called PetAds. PetAds aims to connect brands to Petbarn’s 2.9 million Friends for Life loyalty program members, with Reo managing end-to-end service delivery including onsite, offsite and in-store retail media solutions. Reo will also provide a dedicated media sales team and will assist in the installation and management of Petbarn’s in-store screen network nationwide.
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2 months ago | 
insideretail.com.au | Celene Ignacio |Michael Baker |Tamera Francis
Baby Bunting’s net profit surged amid higher revenue in the first half as a new product range lifted the average selling price and gross margin. The baby products retailer saw statutory net profit soar 45.3 per cent to $3.9 million and revenue rise 2.4 per cent to $254.4 million with comparable sales growth of 2.2 per cent. Gross margin improved to 39.8 per cent, and the company said it is on track to reach 40 per cent for the full year.
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2 months ago | 
insideretail.com.au | Elisa Anzolin |Gavin Jones |Susan Fenton |Michael Baker
Revenue at Italian outerwear maker Moncler rose 8 per cent at constant exchange rates in the fourth quarter, above analysts expectations, helped by double digit growth in mainland China for the eponymous brand and sales improvement at its Stone Island label.
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2 months ago | 
insideretail.com.au | Celene Ignacio |Michael Baker |Stephanie Chadwick |Tamera Francis
Savers will open its fourth South Australian store at the Richmond Lifestyle Centre in Marleston on February 20, with more openings planned for the year. The 2580sqm store is set to become one of Savers’ largest stores in Australia and will offer over 100,000 ‘pre-loved’ clothing, accessories, home goods, and other items.
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2 months ago | 
insideretail.com.au | Celene Ignacio |Michael Baker |Stephanie Chadwick |Tamera Francis
Centuria Capital Group has acquired the Logan SuperCentre in Brisbane’s south for $115 million, which CBRE says is the biggest large format retail (LFR) deal in Australia in more than two years. “This transaction demonstrates the continued demand and ready liquidity for well-located, LFR assets that provide in-built fixed annual rental income in addition to strategic landholdings,” said Simon Rooney from CBRE.
