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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.
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.
Eddy joined BJ’s in 2007 and assumed the role of EVP and CFO in 2011. Eddy stepped in as Interim CEO on April 9 when then-President and CEO Lee Delaney passed away unexpectedly. Eddy also will join BJ’s Board of Directors. Laura Felice — currently SVP and Controller — has been appointed to replace Eddy as CFO.
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.
Seven & I Holdings, which owns 7-Eleven chain, is set to sell its department store chain Sogo & Seibu to US fund Fortress for US$1.4 The site also said Japanese home appliance storeoperator Yodobashi Holdings is considering buying some of the Sogo & Seibu sites and diverting proceeds to the US fund.
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Sylvester, who joined Target in 2007 has served in a variety of leadership roles across strategy and merchandising, most recently as SVP of Home. 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.
Attendees will have the opportunity to expand and strengthen their professional network, while also gaining trusted insight and leadership to help them boost their storeoperations, customer communication and sales through the STIMULATE +Educate experience.
Smells are so powerful, back in 2007 , Starbucks saw a dip in sales after they started using sealed packaged coffee. Scents: Scent is one of the most powerful tools for creating a sensory experience because it connects to long-term memory and emotion.
. “I’m excited to share that Doug Herrington will become the new CEO of our Worldwide Amazon Stores business (formerly known as “Consumer”),” Amazon CEO Andy Jassy announced in a message to company employees on Tuesday. “Doug has been at Amazon for 17 years. Doug and I have worked together on S-team since 2011.
“I’m excited to share that Doug Herrington will become the new CEO of our Worldwide Amazon Stores business (formerly known as ‘Consumer’),” Amazon CEO Andy Jassy announced in a message to company employees. John has been at Amazon for nearly 18 years, spending 12 years in Retail and Operations finance leadership roles,” Jassy said.
In this role, she will continue to support DG’s storeoperations team, which now encompasses more than 20,000 retail stores including pOpshelf and Mexico. Most recently, she led and successfully developed the in-store experience strategy for Dollar General’s first international expansion to Mexico with Mi Súper Dollar General.
McKinsey’s research into the way that retailers managed cost reductions in the Great Recession of 2007-2009 found that ‘resilient retailers’ reduced their costs by two percentage points, while their ‘non-resilient’ counterparts increased theirs by the same amount. How can retail technology help retail stores to prepare for recession?
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