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BJ’s Wholesale Club Names Interim Leader President and CEO

Retail TouchPoints

BJ’s Wholesale Club has appointed Bob Eddy as the company’s new President and CEO. From 2013 to 2017, he also chaired the Financial Executives Council of the National Retail Federation. Baldwin, Executive Chairman of BJ’s Wholesale Club in a statement. Eddy also will join BJ’s Board of Directors.

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Alibaba Separates International and Domestic Commerce Operations, Names New CFO

Retail TouchPoints

Alibaba Group has reorganized its consumer and wholesale commerce divisions and named current Deputy CFO Toby Xu to succeed Maggie Wu as CFO in April 2022. Prior to his new role in the International division, Fan, who joined Alibaba in 2013, was President of Taobao and Tmall , two of Alibaba’s most successful consumer marketplaces.

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Guarding the Retail Fortress: Cybersecurity Challenges and Network Interruption Risks

Retail TouchPoints

Some cases in point include: In 2013, Target experienced a data breach where hackers accessed their customer credit card information by exploiting a weakness in the HVAC system’s network connection. Ensuring business continuity plans include appropriate responses to network outages, breaches and ransomware attacks.

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BJ’s Wholesale Club taps Bob Eddy as CEO

Mass Relators

BJ’s Wholesale Club Holdings Inc. Bob’s leadership, strategic vision and deep knowledge of the business have been pivotal in driving BJ’s Wholesale Club’s transformation and record growth across all key metrics,” BJ’s executive chairman Christopher Baldwin said. WESTBOROUGH, Mass. These changes are effective immediately.

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‘Not satisfied’: Regulator talks tough on Foodstuffs NZ merger

Inside Retail

New Zealand’s Foodstuffs has received its strongest indication yet that the nation’s competition regulator may block the planned merger of its North and South Island businesses. The value of those suppliers’ outside options would consequently be reduced.

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DTC Brands Forge Unique Paths to Growth

Retail TouchPoints

When planning their strategy for growth, DTC brands can choose to: Increase distribution channels through avenues such as wholesale partnerships ; Expand their product assortments ; Use additional marketing channels ; and Build a community of like-minded consumers. DTC Brands Can Leverage the Power of Strategic Wholesale Partnerships.

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Madison Reed Raises Another $52 Million on the Heels of 130% Growth

Retail TouchPoints

Launched in 2013 as a pure-play DTC business, Madison Reed expanded into wholesale through a partnership with Ulta Beauty in 2017 and recently began opening retail locations, dubbed Hair Color Bars. The company now operates 30 Hair Color Bars across the country and plans to double that by the end of 2021.

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