This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
That sense of unease is to be expected from a cohort shaped by both the 2008-2009 Great Recession and the COVID pandemic, and it’s had a big impact on their shopping choices: nearly half ( 48% ) say they shop the most often at discount/off-price retailers, and 25% frequently patronize dollar stores.
They’ve been shaped/scarred by not one but two global economic traumas — the Great Recession of 2008-2009 and the COVID pandemic — and they’ve grown up with social media playing an increasingly large (and loud) role in shaping culture, including how these consumers shop, research and purchase products and services.
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.
During Vasos’ initial seven -year stint as CEO, Dollar General expanded its brick-and-mortar footprint by approximately 7,000 stores, added nearly 60,000 net new jobs and increased annual sales revenue by more than 80%. The retailer has had a volatile year.
He was named SVP of Retail Operations in 2016 and President in 2019. He was named President in 2008, added the CEO title in 2016 and was named CEO in 2019. Goff also began in a Publix store, in 1991 in Jacksonville, Fla., working his way up to be named SVP of Retail Operations in 2022.
During the 2008 recession, Windsor began expanding its footprint, and the retailer plans to do the same now as the waning of the COVID-19 pandemic spurs a resurgence of social occasions. The company already has opened 10 new locations in the last 12 months.
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.
He brings more than 40 years of retail experience to the position, most recently as President and CEO of Burlington Stores , where he served from 2008 to 2019. He also has held leadership and board roles at The May Department Stores Company.
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 StoreOperations Survey indicate that hiring and retaining associates, at 70% , and high employee turnover rates, at 67% , are their top challenges.
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.
From 2008 to 2013, Day served as the CEO of lululemon, and prior to that she spent more than 20 years at Starbucks in a variety of leadership positions. Most recently, he served as the President and CEO of Burlington Stores from 2008 until his retirement in September 2019.
Seth joined Raymour & Flanigan full-time in 2008 after graduating from Yale University and the University of Pennsylvania Law School. His experience at Raymour & Flanigan has included roles in nearly all areas of the business.
He first held the role from 1986 to 2000, then again from 2008 to 2017. As I make this transition, we are very fortunate to have a founder who is able to step in on an interim basis, giving the Board time to further explore potential candidates and make the right long-term succession decision for the company.”.
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
He also served as EVP of pharmacy purchasing, pricing and network relations from 2009 to 2010 and senior vice president and chief information officer from 2006 until 2008. The post CVS Health COO Jon Roberts to retire appeared first on MMR: Mass Market Retailers.
. — Ariel dela Cruz has joined Dollar General as divisional vice president of storeoperations, in one of three executive moves the company announced. He previously spent more than five years with Dollar General, from August 2008 through December 2013, before holding positions with Tractor Supply Co. and Palmetto Capital Group.
Lesley Rulloda: Opening our first bricks-and-mortar NBA Stores in Australia reflects our continued commitment to engaging our fans in Australia, and it was a natural progression for us to build on our existing collaboration to introduce the NBA’s first bricks-and-mortar NBA Stores in Melbourne and Sydney.
She rose through the ranks to the post of senior director of real estate before joining the merchandising team of Sam’s Club in 2008. She was named senior VP of enterprise strategy in 2015, and a little more than a year later she joined the field operations organization as senior VP of U.S. storeoperations.
Watkins joined Walmart about 24 years ago as a real estate intern after graduating with a JD degree from the University of Arkansas School of Law and rose to senior director of real estate before joining the merchandising team of Sam’s Club in 2008. storeoperations.
. — Ariel dela Cruz has joined Dollar General as divisional vice president of storeoperations, in one of three executive moves announced by the company on Monday. He previously spent more than five years with Dollar General, from August 2008 through December 2013, before holding positions with Tractor Supply Co. Megan Kokoska.
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. Vichidvongsa joined DG in 2008 and most recently served as vice president, divisional merchandise manager over DG’s health and beauty.
He joined Dollar General in 2008 as executive vice president, division president and chief merchandising officer and served as chief operating officer from 2013 until being named CEO. Vasos has served as CEO and as a member of the company’s board of directors since June 2015.
Marshall’s Hy-Vee career began in 1982 at the Des Moines, Iowa, Save U More, which was a former brand owned and operated by Hy-Vee. He held many retail storeoperations and management positions within Hy-Vee, and in 2006 he was promoted to assistant vice president, operations, northwestern district.
He joined Dollar General in 2008 as executive vice president, division president and chief merchandising officer and served as COO from 2013 until being named CEO. Owen became Dollar General’s COO in August 2019, having previously been executive vice president of storeoperations.
At Eckerd, Vasos rose quickly through storeoperations ranks from assistant store manager to store manager, district manager and regional manager before joining Phar-Mor Food and Drug Inc., where he led the operations teams and later served as a merchant. He was immediately fascinated with retail.
including Amazon , Target and Macy’s , have announced their plans for holiday hiring, but all told this season may see one of lowest levels of seasonal hiring since 2008 , according to report by Challenger, Gray & Christmas shared with Reuters. Some of the biggest retailers in the U.S.,
In 2008 Hudsons Bay was acquired by NRDC, an investment firm controlled by Richard Baker, in a leveraged buyout. He also set his sights on Saks biggest rival, Neiman Marcus, completing the deal last year, creating by far the largest luxury department storeoperator in North America. And that is private equity ownership.
We organize all of the trending information in your field so you don't have to. Join 40,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content