article thumbnail

How 99 Bikes plans to return to profit with an electric-powered push

Inside Retail

A year later, Turner founded the Pedal Group, as a joint venture between the Turner family and Flight Centre in 2008. Pedal Group owns two separate businesses in the bicycle industry, 99 Bikes, a direct-to-consumer (DTC) retail operation, and Advance Traders, a bicycle wholesale business that the group acquired in July 2008. “At

Returns 130
article thumbnail

Parcel pivot: E-commerce boom behind Australia Post’s shock delivery plan

Inside Retail

Letter deliveries have fallen by two-thirds since 2008 alongside a massive e-commerce fuelled boom in package delivery. Australia Post is government-owned but self-funded and required to deliver a financial return. Australia Post delivered half a billion parcels last financial year, or roughly 20 per person.

Planning 241
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Qurate Hires Nordstrom Vet to Lead Zulily as it Accelerates Personalized Digital Experiences

Retail TouchPoints

He was the first executive hired at HauteLook in 2008 and joined Nordstrom ’s leadership following that company’s acquisition in 2011. Boyle began his career at Ernst & Young Consulting, where he helped launch and manage the firm’s Customer Relationship Management global practice.

Fashion 240
article thumbnail

Can Premier replicate Smiggle’s UK success with pyjama brand Peter Alexander?

Inside Retail

This will be the first time Peter Alexander ventures outside of Australia and New Zealand since its failed entry into the US market in 2008. The pyjama brand and its mascot Penny are set to touchdown in the United Kingdom with two bricks-and-mortar stores and a dedicated UK website just in time for the Christmas shopping period this year.

Apparel 243
article thumbnail

Grosvenor appoints new Liverpool ONE lead

Retail Focus

Grosvenor owns 23% of Liverpool ONE via the Grosvenor Liverpool Fund, and also manages the destination on behalf of all investors. Since opening in 2008, the 1.65 Since 2008, through sensitive stewardship it has successfully integrated into the wider city centre whilst retaining its unique sense of place. . “As

Finance 182
article thumbnail

Digital Marketing Tactics for Uncertain Times

Retail TouchPoints

According to research from Analytic Partners, 63% of marketers that increased their marketing investment during the financial crisis of 2008 generated a positive ROI. According to data from social media management platform Hootsuite , Reels is growing fast, and Instagram has 2+ billion monthly users.

Marketing 308
article thumbnail

Eid Festival returned to Westfield London for its third year

A1 Retail

Last weekend saw Eid Festival return to Westfield London for its third year, as local communities came together to celebrate the end of Ramadan. The London Eid Festival celebrated the end of Ramadan at Westfield Square on 7 th and 8 th May.

Returns 81