The Party People

Last updated

The Party People is a retail party supply chain based in Australia. It operates the largest retail party supplies outlet in Australia, [1] as well as Australia's most visited online party supply store. [2] The website services customers in Australia, Canada, Japan, New Zealand, Singapore, United Kingdom and the United States.

Contents

History

The Party People was founded by Mala Salakas and her father Peter Nikolas as a home-based family business. Their previous venture, a home-based clown hire business, became too large to run from their house. In 1985, the business started trading from a small shop front in Sans Souci, New South Wales and the retail business grew over the following years. [3] The store moved into a new double shop front location in Sans Souci in 1995. The store focused on balloon decoration and retail party supplies. It was Australia's largest store of its kind at the time. The business started online sales in 1999, and was the first of its kind in Australia with an online presence. [4] In 2007, Mala Salakas and Peter Nikolas sold the business to Mala's sons, Dean Salakas and Peter Salakas. On 15 September 2011, the brothers opened Australia's largest party supplies retail outlet in Drummoyne, New South Wales. This second store measures over 1700 square meters.

The business appeared on episode 7 of the Australian TV series Shark Tank [5] where they were made an offer from Janine Allis to buy 20%, based on a AUD $2 Million valuation, which was reject by Dean Salakas.

Related Research Articles

<span class="mw-page-title-main">Convenience store</span> Small store that stocks a range of everyday items

A convenience store, convenience shop, bodega, corner store or corner shop is a small retail store that stocks a range of everyday items such as tea, coffee, groceries, fruits, vegetables, snacks, confectionery, soft drinks, ice creams, tobacco products, lottery tickets, over-the-counter drugs, toiletries, newspapers and magazines.

<span class="mw-page-title-main">Shopping</span> Buying goods

Shopping is an activity in which a customer browses the available goods or services presented by one or more retailers with the potential intent to purchase a suitable selection of them. A typology of shopper types has been developed by scholars which identifies one group of shoppers as recreational shoppers, that is, those who enjoy shopping and view it as a leisure activity.

<span class="mw-page-title-main">Retail</span> Sale of goods and services

Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers.

<span class="mw-page-title-main">Grocery store</span> Retail store that primarily sells food and other household supplies

A grocery store (AE), grocery shop (BE) or simply grocery is a foodservice retail store that primarily retails a general range of food products, which may be fresh or packaged. In everyday U.S. usage, however, "grocery store" is a synonym for supermarket, and is not used to refer to other types of stores that sell groceries. In the UK, shops that sell food are distinguished as grocers or grocery shops

Banana Republic is an American upscale clothing and accessories retailer owned by The Gap. It was founded in 1978 by Mel and Patricia Ziegler, who originally called the company "Banana Republic Travel & Safari Clothing Company". In 1983, Gap purchased the company, changed the name to "Banana Republic," and rebranded the stores to achieve a more upscale image. In the 2020s, VP of design Nicole Wiesmann has re-envisioned the brand with ad editorial campaigns that evoke luxury brands, and higher-end garments that have been compared favorably with names such as Ralph Lauren and The Row.

<span class="mw-page-title-main">Staples Inc.</span> American multinational office supply retailing corporation

Staples Inc. is an American office supply retail company headquartered in Framingham, Massachusetts.

<span class="mw-page-title-main">Video Ezy</span> Defunct Australian home video rental business

Video Ezy was an Australian home video rental business that offered titles on VHS, DVD, Blu-ray and Ultra HD Blu-ray, as well as console video games, for rent. At its peak in the mid-2000s, Video Ezy had over 500 company-owned and franchised video rental shops in the country, and owned 40% of the Australian video rental market after taking over Blockbuster's Australian operations. The company also expanded internationally into New Zealand and Asia.

<span class="mw-page-title-main">Hardware store</span> Store that sells household hardware for home improvement

Hardware stores, sometimes known as DIY stores, sell household hardware for home improvement including: fasteners, building materials, hand tools, power tools, keys, locks, hinges, chains, plumbing supplies, electrical supplies, cleaning products, housewares, tools, utensils, paint, and lawn and garden products directly to consumers for use at home or for business. Many hardware stores have specialty departments unique to its region or its owner's interests. These departments include hunting and fishing supplies, plants and nursery products, marine and boating supplies, pet food and supplies, farm and ranch supplies including animal feed, swimming pool chemicals, homebrewing supplies and canning supplies. The five largest hardware retailers in the world are The Home Depot, Lowe's, Kingfisher of the United Kingdom, Obi of Germany, and Leroy Merlin of France.

Bunnings Group Limited, trading as Bunnings Warehouse or Bunnings, is an Australian household hardware and garden centre chain. The chain has been owned by Wesfarmers since 1994, and has stores in Australia and New Zealand.

<span class="mw-page-title-main">Kmart Australia</span> Australian multinational discount department store chain owned by Wesfarmers

Kmart Australia Limited is an Australian chain of retail department stores owned by the Kmart Group division of Wesfarmers.

<span class="mw-page-title-main">Primark</span> Irish multinational fast-fashion company

Primark Stores Limited is an Irish multinational fashion retailer with headquarters in Dublin, Ireland, with outlets across Europe and in the United States. The original Penneys brand is not used outside of Ireland because it is owned elsewhere by American retailer J. C. Penney.

<span class="mw-page-title-main">Sans Souci, New South Wales</span> Suburb of Sydney, New South Wales, Australia

Sans Souci is a Southern Sydney suburb in the state of New South Wales, Australia. Sans Souci is 17 kilometres south of the Sydney central business district and lies across the local government areas of the Bayside Council and the Georges River Council. It is part of the St George area.

<span class="mw-page-title-main">Sock Shop</span> British clothing retailer

SOCKSHOP is a British-based specialist retailer of socks and hosiery. Founded in 1983 by Sophie Mirman and Richard P. Ross, SOCKSHOP became part of the Ruia Group in 2006, and is now based mainly online, with stores in the Manchester Arndale and The Lowry Outlet, as well as concessions across the United Kingdom.

Harvey Norman is an Australian multinational retailer of furniture, bedding, computers, communications and consumer electrical products. It mainly operates as a franchise, with the main brand and all company-operated stores owned by ASX-listed Harvey Norman Holdings Limited. As of 2022, there are 304 company-owned and franchised stores in Australia, New Zealand, Europe and South-East Asia operating under the Harvey Norman, Domayne and Joyce Mayne brands in Australia, and under the Harvey Norman brand overseas.

Sanity is an online Australian music and entertainment retailer. The brand specialises in the sale of CDs, DVDs, Blu-rays and related merchandise and accessories. It is privately owned by Ray Itaoui. Previously operating through a chain of retail stores in Australia, it has been run as an online-only business since March 2023.

<span class="mw-page-title-main">Tamil Nadu Civil Supplies Corporation</span> Government organization in India

The Tamil Nadu Civil Supplies Corporation is governed by Government of Tamil Nadu was registered under the Companies Act 1956. It is responsible for providing food grains, commodities for the people under Public Distribution System through Ration shops. It also provides kerosene at very low cost. Some of the commodities are Rice, Wheat, Sugar, Cooking Oil, Rava etc.,

Pets Corner UK Ltd is a retail store chain that specialises in the sale of ethical pet care products and the provision of pet care services in the United Kingdom.

Drakes Supermarkets is a privately owned Australian independent retail chain based in South Australia.

The retail format influences the consumer's store choice and addresses the consumer's expectations. At its most basic level, a retail format is a simple marketplace, that is; a location where goods and services are exchanged. In some parts of the world, the retail sector is still dominated by small family-run stores, but large retail chains are increasingly dominating the sector, because they can exert considerable buying power and pass on the savings in the form of lower prices. Many of these large retail chains also produce their own private labels which compete alongside manufacturer brands. Considerable consolidation of retail stores has changed the retail landscape, transferring power away from wholesalers and into the hands of the large retail chains.

<span class="mw-page-title-main">Accent Group</span> Australian multinational clothing retail company (1988)

Accent Group is an Australian and New Zealand footwear and clothing retail, wholesaling and distribution company. It has more than 800 retail stores, along with 19 brands, and more than 20 online platforms.

References

  1. Martin Print. "How Two Australian Brothers Are Producing Ballooning Profits at the Small Business Party", Martin Print , 23 September 2011. Retrieved 23 September 2011.
  2. Experian Hitwise. "Shopping and Classifieds – Toys and Hobbies", 1 October 2011. Retrieved 1 October 2011
  3. "Watch full episodes of TV shows for free on 10 play".
  4. My Small Business. "From University Project To Global Expansion", The Sydney Morning Herald , 23 December 2010. Retrieved 23 December 2010
  5. "Watch full episodes of TV shows for free on 10 play".