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Pop Mart profit more than doubles as global expansion continues

Inside Retail

Collectible toy retailer Pop Mart says its net profit increased by more than 100 per cent last year. The growth is largely due to expansion in multiple markets, especially in Asia where the ‘blind box toy’ specialist’s next expansion plan is into Vietnam with the opening of its first two stores.

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Moshi Moshi eyes expansion beyond Thailand, targets 200 stores by 2025

Inside Retail

Thailands mashup of Smiggle, Daiso and Miniso now has a foothold in 158 locations in 59 of Thailands 76 provinces plus Greater Bangkok. Indeed, 2025s business plan includes piloting large-format stores in such locations. Net profit for the first nine months of the year is up 24 per cent. per cent, a decline from 53.1

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Rituals targets UK expansion after hitting record €2bn sales

Retail Gazette

Sales in these markets rose by 39% to 172m (148.6m) in 2024. The retailer currently operates 90 stores across the UK and Ireland and is set to open 37 additional locations this year, with new stores slated for Bournemouth and Windsor next month. A new location at Gatwick Airport was also recently added to its expanding retail network.

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Inside Pop Mart’s playbook for current and future success

Inside Retail

Chinas Pop Mart has wrapped up another stellar year, surpassing RMB13 billion in revenue for 2024 as the blind-box market continues to thrive. Meanwhile, net profit soared to RMB3.4 Meanwhile, sales from markets outside mainland China, including Hong Kong, Macao and Taiwan, reached RMB5.07 per cent market share, worth $5.9

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Can Kohl’s New Merchandising Strategy Create Holiday Magic?

Retail TouchPoints

Shoppers who want to give back can purchase a Kohl’s Cares book or plush , with all net profits being donated to nonprofits working to improve the health and wellness of children and families across the U.S. The retailer has already started holiday-centric deals this month with a series of weekly LEGO deals.

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Restaurant Brands struggles as inflation evolves 

Inside Retail

The group recorded net profit after tax of $2 million compared with $14 million in last year’s first half, indicating inflationary pressures facing the group in all markets. In Australia, two new Taco Bell locations were opened in Bathurst and Cessnock. Total store sales were $589.4 million, up 9.4

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As Miniso conquers the world, revenue hits $3.72 billion

Inside Retail

International markets continued their strong performance, with revenue rising 41.9 The brand also set a record for store expansion last year, opening 1200 stores worldwide and reaching 3000 locations outside China. The companys adjusted diluted earnings per share (EPS) grew 16 per cent year over year, while adjusted net profit rose 15.4