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Autobarn parent Bapcor receives $1.8bn buyout bid

Inside Retail

Bapcor, which owns the Autobarn, Autopro, Burson and Midas chains, said it had received an unsolicited, conditional and non-binding proposal at $5.40 The retailer’s shares rose 14 per cent to close at $4.97 Founded in 1971 and formerly known as Burson Auto Parts, Bapcor listed at $1.82

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Uniqlo opens its first South Australian store, at Myer Centre

Inside Retail

The Adelaide store marks Uniqlo’s 30th store after debuting in Australia in 2014. The post Uniqlo opens its first South Australian store, at Myer Centre appeared first on Inside Retail. The Japanese retail giant is expanding its footprint into other markets including the US, Europe, China, South Korea and Singapore.

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Walmart CEO plans to run the retailer for at least three more years

Retail Wire

Walmart CEO Doug McMillon says he will continue leading the company for at least three more years as the retailer works to identify his successor. Mr. McMillon has held the top job at Walmart since 2014.

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Lettings announced at Telford Centre

Retail Focus

Orion Capital Managers has announced a number of significant lettings at its Telford Centre so helping footfall recover to near 2019 levels at the 1 million sq ft destination. The post Lettings announced at Telford Centre appeared first on Retail Focus - Retail Design.

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From Snoop Dogg to DVF: How collabs help drive growth at Skechers

Inside Retail

According to Andrew Kinsella, brand manager at Skechers, the collection is designed to resonate with “the woman on the go [who] wants convenience and style wrapped up in one.” The post From Snoop Dogg to DVF: How collabs help drive growth at Skechers appeared first on Inside Retail. Watch this space.”

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Claire’s Hires Children’s Place, Zara Vet as Chief Merchandising Officer

Retail TouchPoints

Her most recent job was as SVP of Global Merchandising and Strategic Partnerships at The Children’s Place , where she was responsible for creating and delivering product strategies for all brands across multiple channels of distribution, as well as leading operations for the wholesale and international franchise businesses from 2014 to 2023.

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Kroger Plans to Cut Prices Following Completion of Albertsons Merger

Retail TouchPoints

Following its 2014 merger with Harris Teeter , Kroger invested more than $125 million to lower that chain’s prices, and invested over $100 million to lower prices at Roundy’s after its merger with that chain in 2016. We know this model works because we’ve been doing it successfully for many years.”

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