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Target Names New COO, Divvies Up Merchandising Responsibilities

Retail TouchPoints

Current COO John Mulligan announced his retirement plans in October 2023. As COO, Fiddelke will oversee Target’s nearly 2,000 stores, its global supply chain network, fulfillment services, network capacity planning, enterprise operations and the teams responsible for building and remodeling Target stores and facilities.

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A Metaverse Action Prep Plan for Brands

Retail TouchPoints

A Metaverse Preparedness Action Plan. My recommendation is to get this plan done this year. As part of your action plan, tracking what competitors are trying in the metaverse might be one of your most important steps. Craft your data plan. Have a measurement plan. Is it a certain number of AR users?

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Prada hires former Luxottica chief Andrea Guerra as new CEO

Inside Retail

After overseeing a successful turnaround since 2017 to reverse a slide in sales, Bertelli said a year ago he planned to hand over the reins of the group he leads with wife Miuccia Prada to their 34-year-old son Lorenzo. The post Prada hires former Luxottica chief Andrea Guerra as new CEO appeared first on Inside Retail.

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Eataly set for global expansion after $300 million cash injection

Inside Retail

Investindustrial said its investment will allow Eataly to retire debt and maximise financial flexibility to fund Eataly’s global expansion plans. The family of the founder, Oscar Farinetti, and other shareholders will maintain the minority 48 per cent stake. This year it anticipates turning over around $450 million.

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Target Names First Chief Growth Officer, Announces Series of C-Level Promotions

Retail TouchPoints

Hennington joined Target in 2003, and was instrumental in modernizing the retailer’s merchandising organization by blending its physical and digital buying functions. After 15 years with the company, Stephanie Lundquist, Target’s former president of food and beverage, announced her plans to depart the organization earlier this year.

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Retail appointments of the week

Inside Retail

In 2003, he transferred control of the business to his daughter, Naomi Milgrom. Rytz Goldman will join the company in the spring of 2024 and report to PVH CEO Stefan Larsson. Rytz Goldman is currently the MD of Cos.

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What the bankruptcy of biotech darling Amyris means for the beauty industry

Inside Retail

However, all these issues can be addressed with intelligent and skilled planning, along with formulating and production processes that can pivot quickly to address the immediate issues,” Widdison said.

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