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AEO Inc. COO Steps Down Amid Positive Financial Outlook

Retail TouchPoints

The company has started the search for a successor and will ensure there is a “smooth and successful” transition at the start of the new year. During his 23-year tenure, Rempell has “been a valuable member of our executive team,” said Jay Schottenstein, AEO’s Executive Chairman of the Board and CEO in a press release. “He

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7 Best Press Release Distribution Services to Catapult Your Small Business

Small Biz Trends

Press releases are a valuable tool for small businesses aiming to improve their recognition, credibility, reach, and revenue. No wonder, companies are investing in several PR strategies and working with press release distribution services to get the most out of their PR efforts. Cision PR Newswire. CryptoNews.

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WSJ: CVS Eliminates 5,000 Corporate Jobs in Cost-Cutting Effort

Retail TouchPoints

As part of a restructuring effort initiated in Q2 2023, CVS Health will cut 5,000 jobs as the company focuses more on healthcare services, according to the Wall Street Journal and other news outlets. WSJ reported that the cuts will primarily affect corporate positions rather than customer-facing roles in stores, pharmacies and clinics.

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NRF spins off its Big Show for Pan Asia Pacific

Retail Wire

The National Retail Federation (NRF) released news yesterday that the trade association will partner with event organizer Comexposium to host “NRF 2024: Retail’s Big Show Asia Pacific,” to be held in June of that year in Singapore. “NRF

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Shuttered Zulily Taps Gordon Brothers to Handle Sale of Inventory and Fulfillment Center Assets

Retail TouchPoints

News of the wind-down first broke in December 2023 , when the company began to advertise a liquidation sale on its website and filed several Worker Adjustment and Retraining Notifications (WARNs) outlining planned layoffs. Screenshot of the Zulily website from December 2023 highlighting the going-out-of-business sale.

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NRA in ‘upheaval’ after CEO quits amid vaping furore

Inside Retail

The NRA has denied links to the tobacco industry – to the point of lodging at least one complaint with the Press Council over news media reports saying it had joined the Australian Association of Convenience Stores in its campaign to remove restrictions on selling vaping products. .

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As DTC Business Wanes, Solo Brands Taps New President and CEO

Retail TouchPoints

During his five -plus years at Vista Outdoor, he helped reposition and transform the business, growing revenue and profits to “historic highs” by focusing on organic growth, direct-to-consumer (DTC) initiatives and strategic acquisitions, according to a Solo Brands press release.

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