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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.

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Home Depot Strengthens Pro Offerings with 4 New Distribution Centers

Retail TouchPoints

The Home Depot plans to open four new distribution centers designed specifically for the needs of its professional customers in the first half of 2024. Over the last several years, we have been investing to deliver a faster, more convenient, differentiated experience for our pros.

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Home Depot Boosts Pro Offering with $18.25B Acquisition of SRS Distribution

Retail TouchPoints

stores and distribution centers, comprehensive product offering, and extensive pro brands, provides the residential pro customer with more fulfillment and service options than ever before.” SRS’s branch network, coupled with The Home Depot’s 2,000+ U.S.

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Home Depot Enhances Loyalty Program for High-Value Professional Customers

Retail TouchPoints

The retailer plans to announce additional benefits for the Member, Elite and VIP tiers throughout 2023. The Pro Xtra program, which launched in 2012, has increasingly focused on providing rewards that help members manage and build their businesses along with more traditional rewards.

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Due Diligence: Winning October Prime Day Prep Strategies

Retail TouchPoints

Pushback from Amazon is inevitable, as it will want to keep inventory down; however, it is imperative to plan ahead. Don’t oversell products if you don’t have the supply to fulfill orders. Before founding the company in 2012, Hariharan spent five-plus years at Amazon building out automated vendor management and supply chain.

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

Retail TouchPoints

Most of the closures are expected to be smaller, non- Zara branded locations, and the retailer also plans to open 450 new stores fitted with the latest sales integration technology. Staff members at the closed stores will be offered new roles with the company, such as handling fulfillment of ship-from-store orders.

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Exclusive Q&A: How COVID-19 Accelerated Cannabis Delivery Network Launch

Retail TouchPoints

In this exclusive Q&A, Henderson reveals how COVID-19 accelerated the company’s existing plans for delivery and the franchise-heavy future he sees for High Times as a retail operator. That’s a little bit frustrating, because these events can take a year to a year and a half to plan. but we had to deal with a wave of cancellations.

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