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Macy’s Continues to Move Off-Mall with Plans for 4 New Small-Format Stores

Retail TouchPoints

Macy’s is continuing to expand its smaller-format, off-mall presence with plans to open three new Market by Macy’s locations and one joint Market by Macy’s/ Macy’s Backstage store by this fall. The new Market by Macy’s planned for the St. The company also is planning to open a new Market by Macy’s in Suwanee, Ga.

Planning 241
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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.

Planning 147
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“Primed for disruption”: Cargo Crew founder talks acquisition, growth plans

Inside Retail

Its new partnership with Glow Capital Partners is set to further accelerate its growth into new markets. Domestic and global plans Rodgers explained that different companies had approached Cargo Crew over the years to discuss what a joint venture or partnership would look like. I think aprons were primed for disruption.”

Planning 246
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Can Allbirds make a comeback with a new CEO and transformation plan?

Inside Retail

Co-founded by Tim Brown and Joey Zwillinger in 2015, the company quickly became a hit amongst Silicon Valley-types and raised over US$200 million from venture capital investors, including Tiger Global Management, Lerer Hippeau, and Maveron. On the same day, the company reported a 14.5 million in 2022, or 56 per cent of total revenue.

Planning 130
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Bunnings’ pet play: a market-disrupting combination with impeccable timing

Inside Retail

It’s a market-disrupting combination with impeccable timing. It’s no doubt a plan Bunnings started to cook up last year as interest rates continued their meteoric rise leading to three straight months of falls in building approvals. The new offer is expected to roll out across most stores by the end of March.

Marketing 246
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Lululemon hits its stride in Asia amid ambitious global growth plans

Inside Retail

In the heart of Hong Kong, where the bustling finance world meets the city’s rich tapestry of artistic expression, Lululemon’s flagship store at IFC mall stands as a testament to the brand’s evolution since it opened its doors in 2015. million in 2021 to US$247.48 million by 2028, reflecting a CAGR of 10.5 billion to US$12.5

Planning 130
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Alibaba Cloud Unit CEO Steps Down; Freshippo IPO Reportedly Delayed

Retail TouchPoints

Zhang, who had been named CEO in May 2015 , recently narrowed his responsibilities to focus on leading the Alibaba Cloud Intelligence Group, which Alibaba plans to spin off under a separate management team to be appointed at a later date. Alibaba ’s former Chairman and CEO Daniel Zhang has stepped down from his roles with the company.