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New Krispy Kreme ANZ CEO Nicola Steele started with chain at 19

Inside Retail

Steele has worked with Krispy Kreme Australia since 2006, rising through the ranks from crew member to store manager and area manager. The post New Krispy Kreme ANZ CEO Nicola Steele started with chain at 19 appeared first on Inside Retail Australia.

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Store Management Costs in the Era of Ecommerce

Retail TouchPoints

The impact of this increasing growth is the resulting strain on incumbent infrastructure that was originally designed to manage only about 5% of a retailer’s total sales capacity; the steady rise in costs from stretching this capacity have shown home delivery, buy online, pick up in-store (BOPIS) and curbside fulfilment to be highly unprofitable.

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Macy’s Partners With Target Evolution to Sell Teen Entrepreneurs’ Products at Texas Off-Mall Store

Retail TouchPoints

Macy’s is launching a retail concept aimed at entrepreneurs in the 12-to-19 age group in partnership with Target Evolution , a Texas-based nonprofit created to fight youth unemployment. Target Evolution was founded in 2011 to provide solutions to the common problem of youth unemployment.

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Inditex Appoints Founders’ Daughter as Chair, Names New CEO

Retail TouchPoints

Marta Ortega Pérez has been named Chairwoman of Inditex Group — parent company of Zara , Pull&Bear and Massimo Dutti — and Óscar García Maceiras will replace Carlos Crespo as CEO, completing a “generational handover process” at the fashion conglomerate that began in 2011. She will assume her new role as Chairwoman on April 1, 2022.

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Torrid CFO/COO Resigns; No Permanent Replacement(s) Announced

Retail TouchPoints

Just nine months after taking on the dual role of Chief Financial Officer and Chief Operating Officer at Torrid , Tim Martin has resigned “to pursue other opportunities,” effective May 26, 2023. His responsibilities will be handled by other executives at the apparel, intimates and accessories retailer. 28, 2023, net sales dropped 5.5%

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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. in 2011 to 6.1% in 2019, and that the retailer earned about 44% less in 2019 than it did in 2011 despite similar total sales and $6.6

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White Stuff Opens Flagship Store at Liverpool ONE!

Retail Assist

Yesterday we joined White Stuff to celebrate the opening of their new 1,800 sq ft store at Liverpool ONE. Danielle Bamra, Client Account Manager at Retail Assist. Check out our managed services here. The post White Stuff Opens Flagship Store at Liverpool ONE! Want to know more about how we support retail brands?

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