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Starbucks and Bank of America Link Loyalty Programs to Provide Extra Perks

Retail TouchPoints

can link eligible accounts to earn 2% cash back from Bank of America (on top of the rewards and benefits they already earn on qualifying purchases) and one Star for every $2 spent at Starbucks. Customers can either link their accounts through the Bank of America or Starbucks site to start collecting rewards.

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Chico’s Appoints Company Veteran as New CFO

Retail TouchPoints

Chico’s FAS has appointed David Oliver, SVP – Finance, Controller and Chief Accounting Officer, to the role of EVP – CFO and Chief Accounting Officer, effective June 24, 2023. Current EVP – CFO Patrick Guido has resigned to accept a position at another company where he can be located closer to his family.

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Home Depot Enhances Loyalty Program for High-Value Professional Customers

Retail TouchPoints

New perks include an Elite Support Line for prioritized exclusive assistance for business needs and account management services with personalized purchase support from Home Depot experts. The retailer plans to announce additional benefits for the Member, Elite and VIP tiers throughout 2023.

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Inditex To Shutter Up To 1,200 Non-Zara Stores As It Pivots Toward E-Commerce

Retail TouchPoints

Staff members at the closed stores will be offered new roles with the company, such as handling fulfillment of ship-from-store orders. The retailer expects online sales to account for 25% of its total by 2022, up from 14% in fiscal 2019. Inditex will support this effort by investing €1 billion. Sales fell 44% to €3.3

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LSKD appoints first chief retail officer as part of its “audacious” growth plan

Inside Retail

During her time at Lululemon, which spanned 13 years from 2012 to 2020, Shaughnessy led over 40 stores and oversaw the brand’s national wholesale and community presence in ANZ. Its 10th store will open at Sunshine Plaza on March 10, and its 11th store at Pacific Fair on May 4.

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Joe Hollman, Founder of Hollman Inc., Dies at 81

VMS

Joe passed away surrounded by family at his home in Dallas, Texas on January 26, 2023. Later he attended University of Portland where he earned a degree in business administration and accounting. In 2012, Joe created Keyless.Co. (PRESS RELEASE) With great sadness, we announce the passing of Joe Hollman, founder of Hollman Inc.

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Mirakl Rakes in $555M in New Funding as Online Marketplaces Boom

Retail TouchPoints

The rate at which Mirakl is growing is a testament to the explosion of third-party marketplaces in recent years, as traditional retailers take a page out of Amazon ’s book in order to expand their online reach. Urban Outfitters and Carrefour , has raised $555 million in a Series E funding.