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Aesop CEO Michael O’Keeffe to depart after more than 20 years

Inside Retail

Brazilian company Natura & Co acquired a 65 per cent interest in the brand in 2012 for US$71.6 Under O’Keeffe’s leadership, Aesop’s sales surged more than 300 times, secured a B Corp certification, and established the Aesop Foundation. Aesop was founded by Melbourne hairdresser Dennis Paphitis in 1987.

Fashion 264
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Justice Department Accuses Walgreens of Dispensing ‘Millions’ of Illegal Opioid Prescriptions

Retail TouchPoints

17, alleges that from approximately August 2012 through the present, Walgreens knowingly filled millions of prescriptions for controlled substances that lacked a legitimate medical purpose, were not valid, and/or were not issued in the usual course of professional practice, according to a Justice Department press release.

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How Gen AI is Helping Brands Handle the ‘Relentless Demand’ for Visual Content

Retail TouchPoints

AI is actually quite an old concept, and machine learning has been around for decades — even Cloudinary’s experiences have been proudly AI-driven since our inception in 2012,” said Hsueh. But the growth we’ve seen in AI in the last year shows that this time it’s different.

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White Castle Rolls Back Slider Prices to 2012 in Bold Value Play

Retail Wire

White Castle has rolled back the cost of its sliders to 2012 prices in an unprecedented, budget-busting move to drive store traffic and build customer trust. According to a company press release , a pack of six sliders will cost just $4.

Returns 147
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Amazon Launches Advertising Service for Retailer Apps, Websites

Retail TouchPoints

retail media market, in large part due to its head start; in fact, some would argue Amazon actually started it all when it launched its advertising platform in 2012. Amazon already captures more than three-quarters of the U.S.

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As Gen Z Enters Prime Spending Years, Brands Sharpen Their Pitch

Retail TouchPoints

They’re Gen Z, born between 1997 and 2012 and comprising 20.69% of the U.S. population — just a bit fewer than Baby Boomers ( 20.93% ) and the largest current group, millennials ( 21.71% ), according to Statista. That’s approximately 67 million people in the U.S. alone — an enormous, and increasingly powerful, consumer group.

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How Parachute’s consistent marketing and quality designs won over millennials

Inside Retail

While helping her friends decorate their first apartments in New York back in 2012, Kaye began to explore the different home goods brands that were out there and saw that there was a much left to be desired design-wise.

Marketing 244