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Dollar General CEO to Retire, COO Named as Successor

Retail TouchPoints

Vasos joined Dollar General in 2008 as the company’s EVP, Division President and CMO. He began his career with the company as a store manager trainee in Nashville, Tenn. Amid a year of expansion, Dollar General ’s CEO Todd Vasos has decided to retire from the role he has held since June 2015, effective Nov.

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Report: Forever 21 Will Reestablish  Physical Presence in China With a New Store

Retail TouchPoints

Forever 21 then opened a store on Alibaba ’s Tmall and has begun advertising its offerings for the 618 mid-year shopping festival. Forever 21 first entered China in 2008 but left the country a year later. to manage Forever 21’s China operations. The Chinese ecommerce market is expected to be worth $3.3

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6 Keys to Empowering Store Associates During the Holiday Season

Retail TouchPoints

retailers will add 410,000 seasonal positions this year, which is the lowest number of jobs added in the quarter since 2008. Results from Retail TouchPoints’ 2023 Store Operations Survey indicate that hiring and retaining associates, at 70% , and high employee turnover rates, at 67% , are their top challenges.

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L Brands Names New CEO of Victoria’s Secret Lingerie, Appoints Three Other Leaders

Retail TouchPoints

Other appointments included Laura Miller as Chief Human Resources Officer of Victoria’s Secret; Janie Schaffer as Chief Design Officer of Victoria’s Secret Lingerie; and Becky Behringer as EVP of North America Store Sales and Operations at Victoria’s Secret.

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Kohl’s Reaches Agreement with Activist Investors, Names Three New Board Members

Retail TouchPoints

The group of investors — which include Macellum Advisors GP, Ancora Holdings, Legion Partners Asset Management and 4010 Capital — collectively own 9.3% In February, the investor group nominated a slate of new candidates for the board citing “poor retail execution and strategy leading to stagnant sales and declining operating margins.”

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The “Great Mall Resurgence” in the American retail market

Inside Retail

The multi-store shopping centre steadily grew in popularity in the US, hitting peak popularity in the 1980s. However, in the past two decades, the American mall has been standing on shaky ground due to factors like the 2008 recession and, more recently, the butterfly effect of the Covid-19 pandemic. per cent and 15.3

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CVS Health COO Jon Roberts to retire

Mass Relators

Before that, he served as president of CVS Caremark, the company’s pharmacy benefits management (PBM) business. In this role, he and his team focused on helping the company’s PBM clients improve health care outcomes for their members while managing overall health care costs.