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Peloton seeks a return to profitability with rebrand and membership drive

Inside Retail

At the height of the pandemic, the company was thriving, with a stock price hovering around the US $170 mark and a market cap of around $50 billion. Chris Gilroy, a brand turnaround expert and former marketing director at Decathlon UK, believes that the new brand strategy will give Peloton much broader appeal, beyond just bikes. “It’s

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Best & Less CEO Rodney Orrock extends his medical leave

Inside Retail

As Orrock’s return remains uncertain, Best & Less has started an external search process for a permanent CEO. Murray was the group’s MD from 2012 to 2018 and from 2019 to 2021. The company said Orrock is not yet ready to resume his duties as CEO, even though his therapy is going well.

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Leadenhall Market continues to expand food and drink portfolio with two more openings

A1 Retail

Leadenhall Market is to welcome two more tenants this September, with the opening of Danish coffee project Hagen and Japanese soul food restaurant Rainbo, adding to the three new food & drink outlets which joined the market in June. Rainbo are Japanese street food specialists, having started in 2012 as a humble food truck.

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BNPL: A Win-Win for Retailers and Consumers as the Holidays Approach

Retail TouchPoints

Innovative organizations that adapt their sales and returns infrastructure accordingly will reap the rewards of bigger basket sizes and repeat customers. In addition to BNPL, if a retailer has a solid — and potentially longer — returns window during the holiday season, consumers will take notice. BNPL and Retail Returns.

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“Primed for disruption”: Cargo Crew founder talks acquisition, growth plans

Inside Retail

As part of the arrangement, Glow obtained 51 per cent ownership of Cargo Crew, with the brand retaining full management control. Initially bootstrapped from a $2000 tax return , the family-owned brand was founded by Felicity Rodgers, who runs it with her sister Narelle Craig and husband Paul Rodgers.

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Due Diligence: Winning October Prime Day Prep Strategies

Retail TouchPoints

It’s important to make it easier for customers to understand what they’re getting to lower the chances of returns and negative reviews. 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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Retail appointments of the week

Inside Retail

Steele has worked with Krispy Kreme since 2006, rising through the ranks from crew member to store manager and area manager. Joining the company in 2012, Liu has held several leadership positions, including VP of Digital Ventures. He had reportedly overseen double-digit growth in L’Oreal Italy over a three-year period.