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Two Australian furniture chains set for sale

Inside Retail

Ironbridge Capital bought the chain for $500 million in 2006. Founded in 1970, Amart is known for its affordable furniture and has 68 stores nationwide. The retailer generates about $600 million of sales and annual earnings of $90 million. Quadrant later became a co-owner before taking full control of Amart in 2016.

Planning 200
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Digital ad revenues see biggest jump since 2006

Retail Wire

were up 35 percent, the biggest percentage gain since 2006, according to a report from the Interactive Advertising Bureau and PricewaterhouseCoopers. Digital ad revenues last year in the U.S. Advertising on digital music and podcasts grew even more rapidly at 58 percent.

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Mango Plans to Operate 42 U.S. Stores by Year End, 20+ More in 2025

Retail TouchPoints

since 2006, its aggressive physical expansion kicked off with the 2022 opening of its Fifth Avenue flagship store. The apparel retailer also plans to open more than 20 locations next year, primarily in the Sun Belt and Northeast, according to CNBC. The retailer’s target is to operate approximately 65 U.S. stores by the end of 2025.

Planning 173
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Liv Eat opens first South Australian restaurant

Inside Retail

Liv Eat was founded in 2006 and focuses on supporting local farmers and suppliers. She brings more than 25 years of hospitality experience to her new role, including 21 years as a restaurant general manager with Yum! The brand offers a mix of healthy meals including salads, burgers, bowls, healthy snacks, smoothies, fresh juice, and coffee.

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PacSun Names Co-CEOs and New President

Retail TouchPoints

Chang has been President of PacSun since 2018 and has served in multiple senior positions since joining the company in 2006. Like Chang, Olson joined PacSun in 2006 and held multiple senior positions before being named Chief Brand Officer in July 2020.

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UNIQLO Sibling Brand GU to Test North American Market With NYC Pop-Up

Retail TouchPoints

Launched in 2006, the company currently operates 450 locations. “It At the time, the company revealed its plans to open 30 new stores per year across North America and increase its total doors to 200 in the region within five years. It is a great honor to be opening our first store in the United States,” said Osamu Yunoki, CEO of G.U.

Marketing 317
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Guzman Y Gomez set for $2.2 billion IPO 

Inside Retail

Founded in 2006 by New Yorkers Steven Marks and Robert Hazan, Guzman Y Gomez has more than 170 locations in Australia. TDM Growth Partners will hold a 29.7 per cent stake in the company post-IPO, while co-founder and co-CEO Steven Marks will control 9.9 Barrenjoey Capital will hold 9.6 per cent, and chairman Guy Russo will control 5.6

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