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Dollar General Promotes New President and CFO Following Strong Quarter

Retail TouchPoints

Dollar General has promoted John Garratt to President and CFO, effective September 1, 2022. He will add responsibilities for the company’s strategic healthcare initiatives and its international expansion to Mexico to his existing finance, accounting, strategy and procurement functions. From 2004 to 2014 he served at Yum!

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Tiffany, now owned by LVMH, reopens on a Fifth Avenue in flux

Inside Retail

Hermès opened a new four-story flagship on nearby Madison Avenue in 2022. The new flagship is scheduled to open to shoppers on Friday, a key debut for a store that accounted for 10 per cent of Tiffany’s global sales before it closed for renovation in 2019. million domestic visitors to New York in 2022 and 9.4

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Nordstrom Leaves Canada, 9 Reasons Why

Indigo 9 Digital

The most famous exit of all time is when Target abandoned 133 stores in 2015 after failing to make the model work after only two years in Canada. But the truth is Nordstrom’s failure in Canada can’t be simplified, by saying, as many are, that Nordstrom didn’t understand the Canadian market. So the question is, is it us or is it them?

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Myth or Truth: Is Brick & Mortar Actually Dying?

Rangeme

In 2022, in-demand retailers and consumer packaged goods (CPG) brands will invest in stores while others will pare down their physical presence. Walmart drew one in four dollars spent on click and collect — with room to grow in 2022. Dollar General reports profit decline, plans for more than 1,100 new stores in 2022.

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Domino’s Pizza’s Strategy for Staying On Top

Indigo 9 Digital

In the fourth quarter of 2022 same store delivery sales at Domino’s were down 6.6%. To get more customers to opt for carryout Domino’s employs what it calls a “fortressing” strategy where it tries to locate many stores within the same market so customers do not have to go very far to get their pizza order. A strong digital business.

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Jason & Scot Show Episode 316 Annual Predictions 2024

Retail Geek

Jason visited the Walmart Neighborhood Market in Pea Ridge, Arkansas featuring drone delivery. E-com returns 10-15% growth rates. And so I drove out to Pea Ridge to visit the Walmart neighborhood market. And behind the neighborhood market is a drone center.