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Ron Johnson’s Enjoy Technology Files for Bankruptcy, Set to be Sold

Retail TouchPoints

Back in 2016, Ron Johnson was asked in a fireside chat at Shoptalk about the biggest mistake he had ever made. Six years later, Johnson might answer that question differently — his “commerce-at-home” startup Enjoy Technology filed for bankruptcy on June 29, 2022, after a series of setbacks including staffing shortages and dwindling liquidity.

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Second strike: Fitbit fined again for misrepresentation

Inside Retail

Fitness tracker Fitbit is facing an $11 million penalty in Australia after admitting it committed deceptive representations about consumers’ rights to a refund or replacement if the device sold was found faulty.

Consumer 262
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GameStop Poaches Belk CEO for COO Position

Retail TouchPoints

GameStop has named Belk ’s Interim CEO Nir Patel to the role of COO, effective May 31, 2022. Patel was promoted to CEO in July 2021 as part of the retailer’s turnaround efforts following its emergence from Chapter 11 bankruptcy in an expedited “ one-day reorganization.”

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Atlanta Apparel Breaks Records at First 2022 Market

Independent Retailer

Atlanta Apparel’s first 2022 market broke records for the largest-ever number of exhibitors and largest retailer attendance at a February apparel market since 2016. Our first market of 2022 had incredible turnout and feedback, and we are expecting April to raise the bar even more.” by International Market Centers.

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Devising an Optimal Returns Policy for Your Business

Retail TouchPoints

retailers were revisiting their returns policies as of late 2022. According to the National Retail Foundation, only 11% of returns nationwide fall into this category. The ecommerce website Jet.com, which was sold to Walmart in 2016, used this strategy — just to name one example. This underscores the sector’s thorny dilemma.

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Retail appointments for the week

Inside Retail

Brooke has contributed greatly to Rip Curl’s success and growth over the past 11 years with her indisputable commitment to the brand, our product, and our crew,” said Daly, who was named group chief executive and managing director of Kathmandu Group three months ago.

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What does Apple’s Indian expansion plan mean for the mobile landscape?

Inside Retail

After formally filing a request for the retail store in 2016, the global tech giant wanted to open the facility in 2020 but postponed the plans due to Covid-19 disruption. Offline phone retail in India has experienced a dull period, compounded by the pandemic, but began recovering in early 2022. You can feel the vibrancy and dynamism.

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