Store network

This ASX 300 retail share could grow its global store network by 260%: fundie

Image source: Getty Images A fund manager chose a S&P/ASX 300 Index (ASX:XKO) retail share which it believes could significantly expand its global store network. This ASX share is an affordable jewelry retailer Lovisa Holdings Ltd (ASX:LOV). Monash Investors co-founder Simon Shields shared the opinion on Live Cable, saying Lovisa was his choice as a […]

Store network

Chinese electric vehicle start-up Nio says store network disruption, not demand, is its biggest concern

Nio’s biggest test right now is ensuring supply chains are stable, CEO William Li said. The Chinese electric car maker has had to charge customers more due to lower costs for unrefined components. Each time Covid checks in April prevented Nio from obtaining parts from suppliers, the organization had to briefly put creation on hold. […]

Store network

US Foods expands its network of stores

ROSEMONT – US Foods Holding Corp. on Monday announced plans to open a new US Foods CHEF’STORE in Spartanburg, South Carolina. The new 33,000 square foot store will join three existing CHEF’STORE stores in South Carolina, Charleston, Myrtle Beach and Columbia. The new Spartanburg store is expected to open this fall. US Foods acquired Smart […]

Store network

Ingka Group will invest $3.16 billion in its store network by the end of 2023

IKEA’s largest retailer, Ingka Group, has revealed plans to invest more than 3 billion euros ($3.16 billion) to expand its store network by the end of next year. The company will open downtown locations in cities and upgrade its existing locations to make online deliveries. Ingka Group will open its first city stores in Stockholm, […]

Store network

Leap store network expands to five additional national markets

Store network growth driven by brand demand and platform investments following $50 million Series B Funding Round NEW YORK and CHICAGO, May 3, 2022 /PRNewswire/ — Jump today announces the expansion of its store network into five additional national markets, enabling brands to deploy omnichannel retail stores through its platform in premium locations across Boston, […]

Store network

SPAR Ireland ‘significantly’ expands its store network with the opening of 30 new locations

SPAR Ireland has significantly expanded its physical footprint across Ireland with the opening of 30 new stores since the start of October last year, making it the fastest growing retail network fast from Ireland. The new SPAR locations include a prime site in the recently completed Strand View residential development on Bray’s iconic seafront in […]

Store network

Sound familiar? Blackmagic Design Launches Impressive ‘Cloud Store’ Network Storage Solutions

During today’s DaVinci Resolve Cloud Update live stream, Blackmagic Design unveiled brand new hardware products called Cloud Store. A high-performance, DropBox-compatible network storage solution designed for film and TV productions, Cloud Store allows multiple editors to work on the same projects simultaneously. If Blackmagic’s Cloud Store design looks familiar, it’s not just you. The unit […]

Store network

Domino’s is upgrading its store network ahead of more online orders and drone-delivered pizzas

Picture: Dominoes Online orders accounted for nearly 80% of Domino’s total worldwide sales during the 2022 half-year financial results — and the company expects that number to continue to grow. Domino’s, which operates in 10 markets globally, has signed an agreement with Macquarie Telecom to deploy NBN, VoIP and SD-WAN with 4G backup services in […]

Store network

Boost store network productivity with smart analytics

In this post-Covid business environment, where online sales now account for 25% or more of retail sales, the majority of Australian retailers are reviewing their physical store network. In reality, many retailers could be better served by maintaining a smaller, more efficient store network. To achieve this result, retailers pursue optimization efforts that generally fall […]

Store network

Mike Sinyard passes the torch of specialty CEO, a larger network of own stores to follow?

Mike Sinyard, the founder and CEO of Specialized Bicycles, announced the passing of the CEO torch to a former Dyson executive, Scott Maguire. Now 70 years old, Sinyard has led Specialized from humble beginnings to become an industry leader in the space of 48 years at the helm. From now on, he steps into a […]

Store network

Reliance Retail, India’s Largest Organized Retailer with Growing Revenue and Store Network: Report

Reliance Retail — which has grown its retail footprint by 39% (in square feet) since the pandemic, added multiple brands and expanded its digital commerce — will further swell its network with the addition of Future Retail stores that have fallen under its fold after the landlord could not pay the lease rent, analysts said. […]

Store network

BoConcept Announces 30% Growth in U.S. Store Network and 50% Increase in Revenue

BoConcept, the contemporary Danish furniture franchise with more than 300 franchise stores in 65 countries, saw 30% growth in its US store network in 2021. The brand has grown from 13 to 17 stores and is expected to reach the top 20 of US stores in 2022, when it turns 70. Along with […]

Store network

Running Bare adopts EStar ECommerce to integrate store network

Friday, February 18, 2022, 11:28 a.m.Press release: Joint press release eStar, a software company recognized by Gartner, has implemented a new e-commerce solution for the original Australian sportswear brand, Running Bare. This supports a growth strategy aimed at better integrating the Running Bare store network and online businesses, while countering the continued uncertainty created by […]

Store network

Thailand distribution center to spend $3 billion on store network expansion

Central Group’s listed retail subsidiary gave few details on how the funds would be spent, beyond expanding and renovating the store network, as well as implementing new technologies in its three geographic markets. The strategy, unveiled in a presentation earlier this week, aims to grow revenue 2.5x and EBITDA (earnings before interest, tax, depreciation and […]

Store network

Yum China adds machines, not workers, as it expands its store network

Yum China’s network of KFC and Pizza Hut outlets has grown steadily throughout the Covid-19 pandemic, although its workforce size has remained stable, the group’s chief executive said. “We have increased our stores, but not increased the total number of employees,” Joey Watt said during a call with analysts and investors on February 9, highlighting […]

Store network

Rosemont-US Foods expands its network of stores

ROSEMONT – US Foods Holding Corp. announced plans to open two new US Foods CHEF’STORE stores in Visalia, California and Lynchburg, Virginia. CHEF’STORE is a one-stop-shop for restaurateurs, food industry professionals, community groups and home chefs to quickly stock, restock or refill ingredients and supplies in a variety of sizes and flavors. offers. US Foods […]

Store network

Ola to set up India’s largest network of dark stores for its quick commerce business

Ola, India’s largest mobility platform, has announced plans to expand its fast trading service – Ola Dash. Over the next six months, Ola Dash aims to expand its dark store network to 500 dark stores spread across 20 cities, making it the largest dark store network in India. The term dark store refers […]

Store network

Ola Dash will expand its dark store network to 500 in 20 cities in 6 months

NEW DELHI : Ola said on Friday that Ola Dash, its fast commerce service, aims to expand its network of dark stores to 500 dark stores across 20 cities over the next six months. The expansion of Ola Dash, available on the Ola app, will make it the largest network of dark stores in India, […]

Store network

The Figaro group will develop its store base by 50% by the end of 2022

Using fresh ammunition from its ongoing initial public offering (IPO), the operator of the restaurant chain Figaro Coffee Group (FCG) plans to close this year with around 150 stores of all brands, reaching 300 by the end of 2029. Based on the company’s prospectus, FCG intends to disburse around one-third of its IPO proceeds of […]

Store network

Lenskart plans to expand its store network in Southeast Asia

Lenskart aims to debut in Indonesia and Vietnam next year. Credit: Paul Ancheta / Flickr. Indian omnichannel eyewear retailer Lenskart has revealed plans to expand its network of physical stores in Southeast Asia. The company aims to open more than 75 stores in the region by next year. As part of this expansion, Lenskart will […]

Store network

Nykaa plans to triple its physical store network in India

Indian cosmetics and fashion retailer Nykaa has announced plans to expand its physical store network to 300 outlets, more than three times its current number. The retailer is targeting 100 cities as part of its strategy to strengthen its offline presence in India. He has yet to disclose the timing of this plan. Nykaa currently […]

Store network

Shakey’s doubles its network of Peri-Peri stores

Two years after acquiring Peri-Peri Charcoal Chicken & Sauce Bar, the operator of the restaurant chain Shakey’s Pizza Asia Ventures Inc. has doubled the brand’s store network, positioning the group to capitalize on the postpandemic recovery from the country. Peri-Peri, now Shakey’s second-largest brand, has opened its 50th restaurant in Matalino, Quezon City, a thriving […]

Store network

Delhaize expands its store network in Luxembourg

Delhaize continues its expansion in the Grand Duchy of Luxembourg. After opening a new store in the canton of Capellen earlier this month, the retailer plans to open two more branches by 2022. “Pleasure shopping” The brand new Delhaize supermarket, which opened in Capellen in early November, focuses primarily on convenience, inspiration and innovation. “Numerous […]

Store network

Nykaa plans to become “aggressive” with its network of retail stores, a vertical sector that contributes less than 10% of its turnover

Nykaa will launch its three-day IPO on Thursday, in a price range of 1,085 to 1,125 per share. The company intends to spend 42 crore of revenue to set up retail stores, which contributes around 5% to Nykaa’s beauty business. Nykaa’s e-commerce appears to be the engine of its growth, as its operating income increased […]

Store network

What to do when your store network needs a facelift

It’s clear that the past year and a half has been all about e-commerce. With travel restrictions keeping customers at home, Australian retailers needed to up their online game to ensure they could stay competitive and trade during what turned out to be a long period of disruption. But, with a national reopening plan in […]

Store network

TEILOR will invest RON 30 million by the end of the year in the development of a network of stores in Romania, Poland and Hungary

TEILOR, the luxury jewelry chain present throughout the EEC region, announces investments of 30 million lei before the end of the year in the development of the store network in Romania, Poland and Hungary. In the next period, the company will open four stores in Poland, including three new locations and one move. Locally, TEILOR […]

Store network

Alfamart is on track to reach a network of 1,200 stores this year

The Filipino star September 4, 2021 | 00h00 MANILA, Philippines – Minimart Alfamart chain continues to reach more communities, even amid the pandemic, with at least 200 new stores to be added this year. Harvey Ong, COO of Alfamart Philippines, said the company is on track to expand its business footprint to more than 1,200 […]

Store network

Hudson’s Bay splits its store network and e-commerce site into two companies

Canadian fashion retailer Hudson’s Bay has announced plans to split its physical store network and e-commerce business into two separate businesses, which it says will accelerate its digital transformation. Its 86-store fleet will continue to operate as “Hudson’s Bay” and will be led by Wayne Drummond, who has been named president, the company announced Friday. […]

Store network

Screwfix plans to expand its Irish store network with 11 outlets

Screwfix will open 11 more stores in Ireland this year. Credit: Scott Lewis / Flickr. UK-based omnichannel retailer Screwfix plans to open 11 stores in Ireland later this year, creating 140 jobs. The new outlets will bring the retailer’s number of stores in Ireland to 29. The retailer currently operates 18 stores in the country. […]

Store network

The Organic World strengthens its store network

The Organic World, South India’s largest non-franchised multi-brand organic store chain, plans to expand its network with 10 new stores in Bengaluru and other southern states by summer 2022. Positioned as a neighborhood grocery store where people can complete their shopping cart, whether it is fresh items like milk and dairy products, bread and eggs, […]

Store network

Wholesaler of convenience products with a network of 1,200 stores in Georgia, North Carolina,

LAS VEGAS and VANCOUVER, British Columbia, June 25, 2021 (GLOBE NEWSWIRE) — TAAT™ GLOBAL ALTERNATIVES INC. (CSE: TAAT) (OTCQX: TOBAF) (FRANKFURT: 2TP) (the “Company” or “TAAT™”) is pleased to announce that Peach State Distributor (“PSD”), a wholesaler based in Alpharetta, GA, has fully pre-sold its initial order of 15 TAAT™ mainframes as part of an […]

Store network

Carrefour will double its Saudi store network by 2025

Saudi Arabia’s ‘Unprecedented Growth’ Expected to Solidify M&A Leader Position in 2022 RIYAD: Saudi Arabia has become one of the most attractive markets for international companies looking for new mergers and acquisitions, and it is expected to maintain its position in 2022. The country’s growth stood at 6.8% for the third quarter. This is due […]

Store network

SPAR to invest £ 125million in convenience store network

At the SPAR virtual conference, business leaders discussed investment plans to strengthen their position in the UK market. UK retailer SPAR aims to maintain a strong market position by investing £ 125million ($ 177million) over the next 12 months, Louise Hoste, Managing Director of SPAR UK, announced today at a virtual conference. Business expansion continued […]

Store network

Kum & Go Expands Convenience Store Network to 12th State

DES MOINES, Iowa – Kum & Go LC will enter the Utah market with several convenience stores slated to open in the Salt Lake City area in 2022, marking the chain’s first entry into a new state in more than a decade. “We’re excited to bring Kum & Go’s unique brand of fun, flavor and […]

Store network

South African Zulzi seeks funds to expand network of dark stores

South African grocery delivery market Zulzi is seeking to raise 100 million rand ($ 7 million) to expand its network of “dark stores” nationwide, CEO Vutlharhi Valoyi told The Africa Report. Dark stores are warehouses from which customers can order fresh food, alcohol, and over-the-counter drugs online. Zulzi, which started in 2016, currently has three […]

Store network

Here is the number of doors JCPenney is planning for its store network – Sourcing Journal

Here is the number of doors JCPenney is planning for its store network – Sourcing Journal Facebook Pinterest Search icon SourcingJournal_horiz Glass Twitter Form camera trend-chart logo Form icon / user You will be redirected to your article in seconds March 25, 2021 at 7 a.m. ET JCPenney picked the right number of stores for […]

Store network

HUGO BOSS acquires full control of its store network in China and Macau

HUGO BOSS will fully operate its store network in China and Macau in the future through the acquisition of the remaining 40% stake in the joint venture from its long-time franchise partner Rainbow Group. In July 2010, the Group entered into a joint venture agreement with its historic franchise partner Rainbow Group, holding a 60% […]