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McDonald’s Australia CEO resigns, new boss announced

Inside Retail

Chiczewski joined McDonalds in 2012, and has held several roles in strategy, finance, and operations. Martinez plans to spend more time with his young family and pursue new opportunities. He was field vice president of the Northeast US, responsible for 1,500 restaurants before heading to Australia in September 2024.

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Exploring Different Types of Cryptocurrency: A Comprehensive Guide

Small Biz Trends

Stablecoins for Stability: Utilize stablecoins to manage cash flow and simplify transactions in volatile markets, allowing for better financial planning and strategy. Since its creation in 2012, it has gained traction for its efficiency compared to traditional financial services.

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How Elon Musk Built Tesla: The Vision Behind the Electric Revolution

Small Biz Trends

Future Growth Potential: With plans for new vehicle models and energy products, Tesla continues to focus on expansion and technological advancements, setting a roadmap for continued industry leadership. Global Expansion : Tesla plans to establish new Gigafactories globally, enhancing manufacturing capabilities.

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Five Below Appoints New COO to Help it Pursue Triple Double Growth Plan

Retail TouchPoints

The company’s Triple Double growth plan was announced in March 2022 , when it set the goal of tripling its store count to more than 3,500 locations by the end of fiscal 2030 while at least doubling sales and growing operating margin by 14% by the end of fiscal 2025.

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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. Oliver has been with Chico’s since 2012 and served in multiple roles, including VP – Finance and Controller and Interim CFO and SVP – Controller.

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Mall Operator PREIT Exits Bankruptcy, Goes Private and Replaces CEO

Retail TouchPoints

PREIT Realty has emerged from bankruptcy in an expedited process, reducing its total debt by approximately $835 million , extending its maturity runway and receiving commitments of about $130 million in new debtor-in-possession financing and exit revolver financing from a diverse group of investors. portfolio of 150+ retail centers.

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2 Top Target Chiefs Announce Retirement Plans

Retail TouchPoints

Two of Target ’s top executives — COO John Mulligan and Chief External Engagement Officer Laysha Ward — have announced plans to retire. Mulligan’s replacement has not yet been named, but Target said it will share succession plans prior to his official retirement in February 2025. Mulligan joined Target in 1996 as a financial analyst.