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How to Revitalize Seasonal Businesses to Stay Open All Year

Retail TouchPoints

Managing this requires keen budgeting skills and pre-planning, which can cause stress for seasonal business owners. Thoughtful budgeting and money-saving strategies are a crucial part of any business plan, seasonal or not. Workforce management also can be a key component to expanding into year-round operations.

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Digital Transformation Propels Burton’s Omnichannel Growth Plans

Retail TouchPoints

Larocque has spent more than 20 years with Burton, becoming SVP Operations in 2010. The second prong was replacing foundational systems, such as the company’s legacy enterprise resource planning (ERP) system. “It We began the journey by getting our heads around the data.”.

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In Push for a Turnaround at Kohl’s, Investor Group Nominates Nine Board Directors

Retail TouchPoints

Macellum Advisors GP , Ancora Holdings , Legion Partners Asset Management and 4010 Capital, together with their respective affiliates, are pushing the plan. Some of the complaints included: “Poor retail execution and strategy leading to stagnant sales and declining operating margins.” Systemic inability to achieve stated goals.”

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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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From Clicks to Bricks: Expanding Brand Loyalty Through Physical Stores

Retail TouchPoints

Early C2B adopters discovered the revenue advantages of opening retail stores after successfully building a loyal following online. Warby Parker started its business online in 2010 and opened its first retail store in 2013. Now its brick-and-mortar stores provide half of its revenue.

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CVS Health COO Jon Roberts to retire

Mass Relators

Jon Roberts will retire as chief operating officer of CVS Health in June, the company announced. CVS does not plan to hire a new COO at the moment. 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.

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Retail appointments of the week

Inside Retail

He was the driving force behind the creation of Lovisa in 2010 and has since then grown the business to over 550 stores, operating across 20 countries, employing over 3,000 team members and with a market capitalisation of circa $2 billion,” said Blundy.