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Silly Solly’s plans 10 more stores as it moves to franchise model

Inside Retail

Aussie discount retailer Silly Solly is on a growth trajectory, with plans to expand as a franchise, after shifting from a licensing model. We believe in the model, it’s been operating since 2018.” The Silly Solly’s brand has come full circle, now owned by Stanton and an Australian management team that reinvented the model in 2018. “We

Planning 298
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Kurt Geiger is ‘Going Big in North America’ with Plans for 50 U.S. Stores

Retail TouchPoints

British footwear and accessories label Kurt Geiger has unveiled plans to bring its London verve across the pond in a big way. From 2018 to today, gross sales have grown 100X , from 2.5 Following the opening of its first U.S. store, at the Mall at Millenia in Orlando in early 2024, the brand has opened its next three U.S. million ($3.1

Planning 237
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Kroger Plans $770M Investment in Raising Wages, Boosting Benefits for Frontline Workers

Retail TouchPoints

Kroger will make a more than $770 million incremental investment in its associates during 2023 in order to raise average hourly rates, improve healthcare options and build new training and development opportunities, among other plans. billion Kroger has invested in its workers since 2018. This initiative builds on the $1.9

Planning 244
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Mad Mex returns to Australian ownership, ends Asia expansion plans

Inside Retail

The recent acquisition also means the end of Mad Mex’s ambitious expansion plan in Asia , which was announced two years ago before the pandemic forced it to change the strategy. . “I In 2018, 4Fingers bought 50 per cent of Mad Mex as part of the Australian Mexican quick-service restaurant brand’s expansion into Asia.

Returns 246
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Woolies blocks Wesfarmers’ plans for API with $872 million bid

Inside Retail

Woolworth’s play is the latest in a string of acquisition offers for API, from a proposed merger with Sigma in 2018 , to an offer of acquisition from Wesfarmers in 2021 , which was rivalled by Sigma , and now Woolworths. The post Woolies blocks Wesfarmers’ plans for API with $872 million bid appeared first on Inside Retail.

Planning 264
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NYC Unveils Plan to Combat both Organized and Individual Retail Theft

Retail TouchPoints

With the exception of 2020, the total number of shoplifting complaints across New York City’s five boroughs has increased every year since 2018 — although there are signs that this tide is turning in 2023. The plan includes targeted solutions to reduce retail theft perpetrated by individual shoplifters as well as by organized crime rings.

Planning 274
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Circuit City Plans to Curate Shop-in-Shops Using its Electronics Expertise

Retail TouchPoints

Circuit City has launched a Series A funding round along with plans for alliances with national companies, though it did not identify which companies will be involved. The integrations are slated to begin online and in select locations this year, with a more expansive rollout planned for 2024.

Planning 225