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Myer sees elevated annual sales, but is cautious amid economic headwinds

Inside Retail

Department store chain Myer delivered its highest full-year sales since 2005 this year but remains cautious as consumer spending declines due to unfavourable economic conditions. per cent of total sales – and a 10 per cent increase in productivity gains at physical stores. .” Operating gross profit margin declined to 36.4

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Uniqlo’s 2024 Plans: 20+ New Stores in North America

Retail TouchPoints

Uniqlo will open more than 20 stores in the U.S. In May 2023 , Uniqlo, which opened its first North American location in 2005, revealed its plans to reach 200 North American locations by 2027. and Canada in 2024, including debuts in new markets for the fast fashion retailer. Tacoma Mall, Tacoma, Wash.

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Insiders

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The Home Depot Promotes Insider to President and COO

Retail TouchPoints

As the company’s chief merchant, he has been responsible for all store and online merchandising departments, merchandising strategy, services and vendor management, marketing and in-store environment.

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Customers are Tired of Empty Shelves, and it’s Time for a Fix

Retail TouchPoints

Paul Boyle has served as the CEO of Retail Insight since 2011; he was previously the company’s COO since its founding in 2005. It’s time retailers use the data at their disposal to create actionable insights that can finally begin tackling the ongoing availability issue. He is passionate about Retail Insight’s people, products and partners.

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Bankrupt Century 21, Citing $175 Million Insurance Nonpayment, Will Cease Operations

Retail TouchPoints

Raymond Gindi and his Co-CEO and brother IG Gindi, who have shared the top role since 2005, are the sons of Abraham “Al” Gindi, a Syrian Jewish immigrant who co-founded Century 21 in 1961 with his cousin Samuel “Sonny” Gindi.

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CVS Health COO Jon Roberts to retire

Mass Relators

Prior to that, he held a variety of key leadership roles in the company’s retail business, CVS Pharmacy, including senior vice president of store operations from 2002 until 2005. The post CVS Health COO Jon Roberts to retire appeared first on MMR: Mass Market Retailers.

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First Quarter Feedback for Grocery Retail: Insights from the Start of 2021

Retail TouchPoints

He started his career as part of the core team at VSI Targeting Systems — an industry-leading targeting and optimization firm that was purchased by Inmar in 2005. He has been analyzing consumer promotions for more than 20 years.