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BJ’s Wholesale Club Names Interim Leader President and CEO

Retail TouchPoints

BJ’s Wholesale Club has appointed Bob Eddy as the company’s new President and CEO. In 2018, he added Chief Administrative Officer to his title. Prior to joining BJ’s, Eddy served multinational manufacturing, technology, retail and consumer products companies as a member of the audit and business advisory practice of PwC.

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Why Direct to Consumer Brands Struggle with Profitability

Indigo 9 Digital

By Tricia McKinnon Over the past decade direct-to-consumer businesses have popped up in nearly every corner of the retail sector. From mattresses sold by Casper to prescription eyeglasses from Warby Parker ambitious founders have taken a page from Amazon’s playbook hoping to sell goods directly to consumers online. million and $58.5

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How Touchland Uses Data to Drive Brand Expansion

Retail TouchPoints

Thanks to its core product — stylishly packaged, “beauty forward” hand sanitizers crafted in partnership with the well-known Givaudan perfume house — the brand achieved a $60+ average order value (AOV) from its inception in 2018. After six months of B2C sales in the U.S., This is the key to growth.”

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Walmart-Owned Flipkart Raises $3.6B to Fund Next Stage of Growth in India

Retail TouchPoints

The Flipkart Group includes ecommerce marketplace Flipkart , digital fashion destination Myantra , Flipkart Wholesale , online travel company Cleartrip and a majority stake in the payments app PhonePe. In 2018, Walmart beat out Amazon for a majority interest in the company, spending $16 billion for a 77% stake.

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Here’s why discount luxury business Azura Fashion Group is going circular

Inside Retail

The business helps luxury brands, distributors and wholesalers clear end-of-line and off-season products through online marketplaces, such as Farfetch, Net-A-Porter, Vestiaire Collective and The Iconic, as well as its own e-commerce site, Azura Runway. However, Wood saw an opportunity. It keeps them loyal to the brand,” he said. “It

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Starbucks to sell Seattle’s Best business to Nestle

Inside Retail

The coffee company acquired Seattle’s Best nearly two decades ago as a secondary brand that targeted areas where its more “premium coffee” core business would not get the same support, with plans to expand the concept through retail, franchising and licensing. Starbucks expects the transaction to close by the end of the year.

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BJ’s Wholesale Club taps Bob Eddy as CEO

Mass Relators

BJ’s Wholesale Club Holdings Inc. Bob’s leadership, strategic vision and deep knowledge of the business have been pivotal in driving BJ’s Wholesale Club’s transformation and record growth across all key metrics,” BJ’s executive chairman Christopher Baldwin said. WESTBOROUGH, Mass. These changes are effective immediately.