article thumbnail

Thrice the size: Oz Hair & Beauty plans 10 more shopfronts

Inside Retail

Anthony Nappa founded Oz Hair and Beauty in 2012, after his parents owned and maintained hairdressing salons in Sydney for many years, including their flagship Oz Hair salon in the Queen Victoria Building (QVB) since 1986. Oz Hair and Beauty plans to expand to 15 stores by the end of this year, taking its employee count to 165.

Planning 264
article thumbnail

Five Below Appoints New COO to Help it Pursue Triple Double Growth Plan

Retail TouchPoints

The company’s Triple Double growth plan was announced in March 2022 , when it set the goal of tripling its store count to more than 3,500 locations by the end of fiscal 2030 while at least doubling sales and growing operating margin by 14% by the end of fiscal 2025.

Planning 278
Insiders

Sign Up for our Newsletter

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

article thumbnail

LSKD appoints first chief retail officer as part of its “audacious” growth plan

Inside Retail

During her time at Lululemon, which spanned 13 years from 2012 to 2020, Shaughnessy led over 40 stores and oversaw the brand’s national wholesale and community presence in ANZ. LSKD was recently named ‘Business of the Year’ in the 2024 Telstra Best of Business Awards. It also took home the award for outstanding growth.

Planning 264
article thumbnail

Olympia Sports Files for Bankruptcy, Plans to Close Remaining Stores by Sept. 30

Retail TouchPoints

The retailer plans to close its 35 remaining brick-and-mortar stores by Sept. At its peak in 2012, the retailer operated 230 stores across the Northeast and Mid-Atlantic regions. Olympia Sports has filed for Chapter 11 bankruptcy protection, seeking an orderly wind-down of its operations. 30, 2022, according to a filing with the U.S.

Planning 304
article thumbnail

2 Top Target Chiefs Announce Retirement Plans

Retail TouchPoints

Two of Target ’s top executives — COO John Mulligan and Chief External Engagement Officer Laysha Ward — have announced plans to retire. Mulligan’s replacement has not yet been named, but Target said it will share succession plans prior to his official retirement in February 2025. Mulligan joined Target in 1996 as a financial analyst.

Planning 147
article thumbnail

Mall Operator PREIT Exits Bankruptcy, Goes Private and Replaces CEO

Retail TouchPoints

As part of the reorganization plan, PREIT has gone private and will no longer be reporting to the Securities and Exchange Commission. Additionally, the company has replaced CEO Joseph Coradino, a 40 -year company veteran who has served in the top post since 2012, with Jared Chupaila. portfolio of 150+ retail centers.

Finance 244
article thumbnail

“Primed for disruption”: Cargo Crew founder talks acquisition, growth plans

Inside Retail

Domestic and global plans Rodgers explained that different companies had approached Cargo Crew over the years to discuss what a joint venture or partnership would look like. Cargo Crew is now planning to formally enter the US market, with plans to establish an on-the-ground team and PR presence before moving stock.

Planning 246