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Michel’s brand to be axed

Inside Retail

Retail Food Group (RFG) has announced the end of the Michels Patisserie chain, revealing it will work with franchisees to convert their stores to either Gloria Jeans or Donut King. There are just 19 Michels Patisserie stores across RFGs home state of Queensland, New South Wales and Victoria. RFG acquired the business in 2007.

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Services and the mid-market: Takashimaya’s post-tourism plan

Inside Retail

Indeed, the company beat its own previous highs for profit, and operating revenues increased by 8.5 per cent from the preceding year, to breach 1 trillion yen (US$7 billion) for the first time since 2007. The lions share of operating revenue (83 per cent) and exactly half of the operating profit emanated from domestic stores.

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BJ’s Wholesale Club Names Interim Leader President and CEO

Retail TouchPoints

Eddy joined BJ’s in 2007 and assumed the role of EVP and CFO in 2011. 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. In 2018, he added Chief Administrative Officer to his title.

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Michel’s brand to be axed

Inside Retail

Retail Food Group (RFG) has announced the end of the Michels Patisserie chain, revealing it will work with franchisees to convert their stores to either Gloria Jeans or Donut King. There are just 19 Michels Patisserie stores across RFGs home state of Queensland, New South Wales and Victoria. RFG acquired the business in 2007.

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How Natori Used AI to Sharpen Retargeting and Achieve a 943% ROAS

Retail TouchPoints

He compared the level of interest of a consumer who had simply seen a Natori ad on social media to one who had “gone to the website, added something to their bag and abandoned the cart. That’s much more useful [data] than the first consumer. We aren’t blindly retargeting every user,” said Natori.

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

Retail TouchPoints

In his new role, he will leverage the expertise he has developed during his time at Target, combined with more than 20 years managing multi-billion-dollar consumer packaged goods brands with MillerCoors, PepsiCo and the Quaker Oats Company, to further accelerate Target’s food and beverage business.

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How to Improve Your Store’s First Impression Through Targeted Branding

Retail Next

Having a brick-and-mortar store is more challenging than it used to be. However, despite the doom and gloom, retail research shows that 49 percent of consumers still prefer brick-and-mortar. Moreover, physical stores account for 94 percent of retail sales in the country. Who is your average shopper?