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The Very Group appoints Lionel Desclée as group CEO

365 Retail

Under Lionel’s stewardship, Seiyu accelerated its move into digital through a joint venture with online retailer Rakuten, secured record-breaking colleague engagement, grew customer satisfaction and increased market share. He led Walmart’s subsequent partial exit from Seiyu to investor KKR and Rakuten.

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Who is Peter Ruis, the man tasked with reviving John Lewis?

Retail Gazette

Ruis joined the business in 2005 and transformed its fashion offering by ditching its more conservative brands in favour for big names like Jaeger, Hobbs, Mango and Whistles. Ruis later joined Anthropologie as its managing director, where he strengthened its operations in the US and chartered its international expansion.

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The Downfall of Sears, 5 Reasons Why it’s Struggling to Survive

Indigo 9 Digital

A few decades later when Sears merged with Kmart in 2005 the combined organization generated a substantial $55 billion in revenue. Hedge fund manager Edward Lampert, who is also Sears’ former Chairman and CEO and largest shareholder, purchased the company in bankruptcy proceedings for only $5.2 billion and $32.6 billion respectively.

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Walmart closes $2 billion Green Bond issuance

Mass Relators

The green bond is Walmart’s first offering under the company’s Green Financing Framework, published August 2021, which details the company’s alignment with the 2021 Green Bond Principles, administered by the International Capital Markets Association (ICMA). Citigroup Global Markets Inc. Ramirez & Company, Inc.

Finance 52
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Jason & Scot Show Episode 315 – 2023 Turkey5 Recap with Salesforces Rob Garf

Retail Geek

Episode 315 is a recap of Turkey5 (The five days from Thanksgiving through Cyber Monday) 2023 with Rob Garf , Vice President and General Manager, Retail at Salesforce. Consumers were patient, waiting for attractive deals, while retailers managed their inventory and discounting strategies well.

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Amazon names new head for global stores

Mass Relators

He joined the company in 2005 to build out our Consumables business, launched AmazonFresh in 2007, and in 2015, took on leading all of our North American Consumer business. “John has been at Amazon for nearly 18 years, spending 12 years in Retail and Operations finance leadership roles,” Jassy said.

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Amazon names global stores head

Mass Relators

He joined the company in 2005 to build out our consumables business, launched AmazonFresh in 2007 and, in 2015, took on leading all of our North American Consumer business. John has been at Amazon for nearly 18 years, spending 12 years in Retail and Operations finance leadership roles,” Jassy said. “In