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Nordstrom Names Ex-Target and Walmart CFO to Top Financial Post

Retail TouchPoints

Smith brings extensive experience in retail finance posts, including serving as CFO at Walmart from 2010 to 2014 and at Target from 2015 to 2020. At Nordstrom, Smith will be responsible for financial planning and analysis, accounting, tax, internal audit, treasury, investor relations and strategy sourcing.

Finance 340
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The Labubu effect: How Pop Mart is leading the blind box economy

Inside Retail

Founded as a small toy store in China in 2010 by Wang Ning, Pop Mart has grown into one of the leaders in the blind box industry. Pop Mart’s Hacipupu character also gained significant popularity due to endorsement from K-pop star Chanyeol, though Liu was quick to clarify neither celebrity’s post was part of a planned strategy. “It

Marketing 130
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“We’re the Peloton of reformer”: Aussie brand Your Reformer eyes global growth

Inside Retail

This week, the brand announced its first-ever ambassador, model and 2010’s Miss Universe Australia Jesinta Franklin, and is set to disrupt the US market next. “It’s In May, Peloton CEO Barry McCarthy announced plans to step down. The rental side of the business represents 10 per cent of Your Reformer’s revenue.

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Have Temu and Shein Thwarted Wish’s Hopes of a Comeback?

Retail TouchPoints

When it debuted back in 2010, Wish was the only game in town as far as manufacturer-direct discount shopping apps went. A few days before reporting Q2 earnings, Wish also announced plans to cut approximately 34% of its workforce, or about 255 employees, in order to “refocus the company’s operations.”

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Meet the Aussie furniture brand that just opened a global flagship in NYC

Inside Retail

By 2010, he and his brother Harrison saw a gap in the market for upscale outdoor furniture and decided to reposition the company to fill in that space. “We In addition to the company’s steady store expansion, it has built a reputation for custom furniture, which accounts for 30 per cent of Harbour’s profits today.

Outdoor 246
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Vitamin Shoppe CEO Sharon Leite Went Undercover in Her Stores. Here’s What She Learned.

Retail TouchPoints

It’s now available on-demand , which makes this a good time to issue a spoiler alert: if you haven’t seen the episode yet but plan to, don’t read any further until you have. Launched in 1977, The Vitamin Shoppe saw sales begin to decline in the early 2010’s due primarily to a lack of digital innovation. And that’s not all.

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Why Ksubi CEO Craig King reads a book a fortnight, and says you should too

Inside Retail

So I asked my boss if I could take the carbon copies – this was before computers – and work backwards to come up with a bit of a buy plan. By the time I was 35, I felt fairly polished in accountancy, P&Ls, human resources – areas I would have to be good at. He said, “Knock yourself out.” So I did that, and it was quite successful.

Boutique 246