Australia Toys And Games News

Recent industry report about Australia Toys And Games company news, including latest market trends and industry updates in 2024. This sector news is compiled by Mordor Intelligence™ Australia Toys And Games Market industry experts.

Australia Toys And Games News

  • January 2023: Amazon Web Services (AWS) introduced the second AWS infrastructure Region in Australia, constituting a global physical site with clustered data centers. The recently launched AWS Asia-Pacific (Melbourne) Region aims to bring advanced AWS technologies, including computing, storage, artificial intelligence (AI), and machine learning, in closer proximity to a broader customer base. This initiative aims to reduce network latency, enabling customers to meet local data residency regulations more effectively.
  • June 2023: ImmediateScripts is one of the top telehealth businesses in Australia and was recently purchased by API for approximately USD 135 million. API will now be part of Wesfarmers' health division.
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  • April 2023: L’Oréal acquired Aesop from Brazil's Natura & Co in a US$2.5 billion deal, the prestigious Australian beauty brand. Aesop has nearly 400 stores globally and now sits with L'Oréal brands.
  • January 2023: AS Beauty announced its recent acquisition of Bliss, a skincare brand known for its cruelty-free and planet-friendly products, signaling its commitment to diversifying its expanding portfolio.
  • In February 2023, MediaMarktSaturn and the Nordic electronic retailer Power International AS reached an agreement concerning the divestment of MediaMarktSaturn's Swedish business.
  • In January 2022, Hazel, the fintech startup, was launched in collaboration with Walmart and the prominent investment firm Ribbit Capital.
  • In January 2022, the Chinese online retail giant JD.com launched its inaugural physical stores in Europe. Operating under the brand name Ochama, these stores are situated in Leiden and Rotterdam in the Netherlands, with two additional locations scheduled for Amsterdam and Utrecht.
  • July 2023: Johnson & Johnson completed the sale of its Blink product line, which includes over-the-counter eye and contact lens drops, to Bausch + Lomb for USD 106.5 million. This divestment was a strategic move by Johnson & Johnson to exit the consumer business.
  • November 2022: Alcon acquired Aerie Pharmaceuticals Inc., strengthening its ophthalmic pharmaceutical business and acquiring a pipeline of pharmaceutical product candidates. This transaction aimed to enhance Alcon's position in the eye drug market, focusing on expanding its product portfolio.
  • September 2023: Lowe declared the extension of its multi-year agreement with the NFL for the current year's season. The collaboration will commence with a comprehensive marketing campaign, including a national television commercial, an updated lineup of Lowe's Home Team players, and the introduction of a limited-edition DIY Wrist Coach accessory.
  • June 2023: Ace Hardware purchased 12 independent heating and air, plumbing, and electrical home services companies from Unique Indoor Comfort's portfolio, which was owned by the Atlanta-based private equity firm Grove Mountain.
  • August 2023: Italian luxury fashion brand Gucci and Chinese e-commerce giant JD.com, popularly known as Jingdong, have partnered digitally. With the launch of a new digital flagship shop on the e-commerce retailer's platform, the partnership will reach a significant milestone.
  • May 2023: Walmart announced the launch of over 28 healthcare facilities in its supercenters, providing value-based and dental care services.
  • In December 2023, Kingfisher, the global home improvement retailer, expanded its collaboration with CitrusAd to introduce retail media opportunities for third-party brands across its banners, beginning with B&Q.
  • In October 2023, Travis Perkins PLC, the UK's leading distributor of building materials, revealed a new five-year fleet management partnership with Zenith's Commercial Division for the Group's 3000+ assets.
  • In January 2024, 7-Eleven, Inc. disclosed its agreement to purchase 204 stores from Sunoco LP, encompassing both Stripes convenience stores and Laredo Taco Company restaurants.
  • In November 2023, Casey's General Stores revealed its intention to purchase 22 Lone Star Food Stores in North Texas from W. Douglass Distributing Ltd.
  • In December 2023, Casey's completed the acquisition of 11 EZ Go-branded convenience stores from Love's Travel Stops & Country Stores in Oklahoma and Nebraska. These stores are set to undergo rebranding to align with the Casey's retail brand.
  • August 2022: Kaufland acquired Sofia's central market hall in Germany. The acquisition was done for USD 17.7 million in Kaufland in preparation for opening a new store. Sofia Central is a 3,435-square-meter building with the Israeli company Ashtrom as its previous owner.
  • July 2022: PX Mart acquired RT-Mart. PX Mart acquired 95.97 percent of RT-Mart's share from France's Auchan SA and Taiwan's Ruentex Group for USD 384.02 million in this acquisition.
  • November 2021: With its objective of innovating in digital expansion, Walmart acquired "select technology assets" from Botmock. With this acquisition, Walmart will be enabling shopping via voice and chat, which it calls "conversational commerce".
  • In February 2023, UAE retailer GMG acquired supermarket chain Aswaaq, which added 22 supermarkets to GMG's retail network. This acquisition brings strategic milestones to GMG operations with its continuous expansion of retail, trading, and property.
  • In August 2022, Walmart acquired Volt Systems. Volt System is a technology company that provides suppliers with enhanced on-demand visibility into merchandising resources. The deal affirms Walmart's continued investment in innovation and technology to anticipate customer demand. Walmart is operating in 24 countries with more than 10,500 stores.
  • In May 2021, 7-Eleven completed the acquisition of Speedway, which is the convenience arm of Marathon Petroleum Corp. Speedway is a great brand and a strong strategic fit for the business of 7-Eleven in the North American Midwest and East Coast markets. Under this acquisition, 7-Eleven acquired 3,800 stores located in North America and built up its portfolio to 14,000 stores.
  • February 2023: Macy's launches PATTERN Beauty with the brand's extensive assortment of washes, treatments, styling tools, and more. As the brand's first-ever department store partner, PATTERN expands Macy's portfolio of hair care products, specifically in the curl category.
  • January 2023: Marks and Spencer announced its nearly half-a-billion investment in bigger, better stores across the UK. The retailer's investment will generate over 3,400 new jobs across the country and aims to create a fit for the future M&S store estate and a seamless experience for its customers every time they shop.

Australia Toys and Games Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)