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Rothy’s Names New CEO and President as Co-Founders Move Up

Retail TouchPoints

Rothy’s has named Board of Directors member Jenny Ming as its new CEO and promoted current CFO and COO Dayna Quanbeck to President. Ming is a retail veteran who was on the 1994 founding team of Old Navy , becoming the retailer’s first President from 1999 to 2006. and Kaiser Permanente.

Finance 236
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Behind Abercrombie & Fitch Co’s record results lies a decade-long reinvention

Inside Retail

In a now-infamous 2006 interview, Jeffries stated, “We go after the cool kids. However, in the mid-2010s, the brand’s image shifted from “cool kid” to “mean girl” as consumers began to distance themselves from its discriminatory hiring practices and limited product offerings and turned towards brands that were more welcoming and trendy.

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What Main Street Can Learn from Wall Street: Retail Businesses Should Look to the Trading Floor for Inspiration

Retail TouchPoints

Decisions about markdowns, promotions and inventory allocation were limited and made in tried and tested ways. Growth is now driven by the more complex dynamics of customer acquisition and retention, and digital marketing has introduced a new set of variable costs. Lessons from the Digitization of the Trading Floor.

Markdowns 200
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Sensory Enabling Technologies are Radically Reshaping the Future of Digital Retail

Retail TouchPoints

From 3D billboards to spatial scent to ChatGPT, meet the brands leading the next wave of multisensory retail innovations, and learn best practices to help strengthen your brand’s sensory presence in this new, multi-dimensional experience market. Today, it is possible to stimulate all consumer senses online. virtual reality).

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Dollar General names Deckard to new position

Mass Relators

has promoted company veteran Steve Deckard to the newly created role of executive vice president for growth and emerging markets, in one of a number of recent leadership moves. DG has also promoted Chad Fox to senior vice president and chief marketing officer. . — Dollar General Corp.

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Data Capital: The Competitive Weapon Most Retailers Have Yet To Fully Monetize

Retail TouchPoints

Traditional retailers are sitting on a powerful competitive weapon, and they’ll continue to operate less efficiently, lose market share and leave millions in new revenue streams and profits on the table unless they pull the trigger. In fact, it could be argued that data is even more valuable than oil — and, it’s a renewable resource.

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Why Snapchat is investing in Gen Z resale fashion app, Galaxy

Inside Retail

The capital will also support a hefty marketing push to onboard more sellers, including brands. This allowed new commerce models to emerge, such as Nasty Gal Vintage, which began in 2006. In 2021, the global resale clothing market was valued at US$96 billion. Influencers shift consumer patterns quickly.

Fashion 147