Inside Retail

JUNE 2, 2021

Fast-fashion giant H&M is to close its high-profile store at Westfield Bondi Junction in Sydney’s eastern suburbs, unable to agree on lease terms with owner Scentre Group. H&M country manager Thomas Coellner said in a statement that the decision was made following a global review of sustainable store operations. “At

Fast Fashion

Retail TouchPoints

FEBRUARY 16, 2024

“At Starbucks, we have challenged ourselves to imagine what’s possible when we take a closer look at the many ways our partners and customers interact with us and experience our stores every day,” said Katie Young, SVP of Store Operations at Starbucks in a statement.

Payment Services

Retail TouchPoints

JUNE 23, 2023

One store, in Philadelphia , already had closed, and the impending layoffs indicated that others were in danger of shuttering. Forman Mills, which had been acquired by private equity firm Goode Partners in 2016, currently operates 43 stores in Pennsylvania, Maryland, New Jersey, Illinois, Ohio, Michigan, Wisconsin, Delaware and New York.

Planning

Retail TouchPoints

APRIL 20, 2023

However, Amazon did say that through the pilot of ACX, it already has detected hundreds of matching accounts, where the same counterfeiter tried to create selling accounts on Amazon and at least one other store operator. “We We look forward to supporting this momentous effort with all of the tools that the IPR Center brings to bear.”

Accounting

Retail TouchPoints

JULY 7, 2021

Patel has been with Belk since 2016, joining as EVP, GMM, Men’s and Ecommerce. Hendricks also has been with Belk since 2016 and has prior retail experience from leadership roles with Gymboree , Hot Topic and Torrid. Current CEO Lisa Harper will transition to the role of Executive Chair of the Belk Board of Directors.

Promotions

Retail TouchPoints

JULY 31, 2020

The e-Commerce division, which grew out of Walmart’s acquisition of Jet.com in 2016, is headquartered in San Bruno, Calif., Numerous social media posters wrote that Walmart plans to consolidate e-Commerce operations at its Bentonville, Arkansas, headquarters, but few workers were offered the option to relocate.

Discount Store

Retail TouchPoints

SEPTEMBER 24, 2024

1, 2026, is designed to close a loophole in the plastic bag ban that was passed by the California legislature in 2014 and affirmed by voters in a 2016 referendum, according to the AP. The new law, scheduled to take effect Jan.

Point of Sale

Inside Retail

JULY 10, 2024

Angus McKay, 7-Eleven CEO since 2016, is moving into the automotive world as executive chair and CEO at Bapcor. Prior to this she was part of the Telstra Executive Team for more than a decade and held senior roles in operations and retail networks. billion buyout from Bain Capital.

Store Operations

Retail TouchPoints

MAY 10, 2023

Founded in 1986, Mattress Firm operates over 2,300 brick-and-mortar stores as well as its own ecommerce platform, employing 6,200 retail sales associates. The retailer was acquired by South African holding company Steinhoff International in August 2016, then filed for bankruptcy protection as part of a reorganization in October 2018.

Promotions

Retail TouchPoints

FEBRUARY 3, 2021

He first joined the Kendra Scott board in 2014 and in 2016 joined the company as Chief Revenue and Marketing Officer. .” Prior to joining Kendra Scott, Nolan held senior roles at Ralph Lauren , Condé Nast and was the founder and CEO of private-equity firm Prospect Brands. and increasing the company’s wholesale presence.

Wholesale

Retail TouchPoints

MARCH 13, 2024

Bode began in 2016 with a collection of one-of-a-kind garments composed entirely of antique domestic textiles, including 1890s homespun linens and sheets, 1930s printed feedsacks, midcentury embroidered tablecloths and quilts from the 1840s to the 1970s.

ATS

Retail TouchPoints

OCTOBER 28, 2021

These latest efforts have built on employee-facing investments made in previous years, including a 5% to 15% wage increase for all employees instituted in October 2016. This is how we continue to build a great and enduring company,” said Kevin Johnson, President and CEO of Starbucks in a statement.

Location

Retail TouchPoints

FEBRUARY 16, 2021

Adidas initially acquired Reebok in 2006 and implemented the “Muscle Up” turnaround plan in 2016. This will enable the company to focus on strengthening the adidas brand in the global sporting goods market.

Planning

Retail TouchPoints

JUNE 1, 2021

The convenience retailer currently operates just 22 charging stations at 14 stores. “7-Eleven’s 7-Eleven had set sustainability goals in 2016 that included achieving a 20% reduction of CO 2 emissions from its stores by 2027, but it reached that goal in 2019 — eight years ahead of schedule.

Planning

Retail TouchPoints

JUNE 7, 2021

billion merger that had been in the works since February 2015 was derailed by a Federal Trade Commission (FTC) ruling in May 2016. Staples has had a long and so far unsuccessful history of trying to merge/acquire its rival Office Depot. The two companies also had attempted a merger in 1997 that was likewise nixed by the FTC.

Finance

Retail TouchPoints

JUNE 9, 2020

million payment on G-III’s 2016 acquisition of Donna Karan and a $3.2 Additionally, the restructuring effort is expected to incur an aggregate charge of approximately $100 million during Q2 2020, related to landlord termination fees, severance costs, store liquidation and closing costs and other fees.

Apparel

Retail TouchPoints

AUGUST 4, 2023

She has been overseeing all operations in the North American Market for over five years. in 2016 to establish the North American office, Furman worked at Nayax’s R&D Headquarters in Israel where she was the CFO of all of Nayax’s subsidiary companies. Before relocating to Hunt Valley, Md.

Payment Services

Retail TouchPoints

AUGUST 29, 2023

We began offering the option for customers to go online to make an appointment for a store visit in 2010, debuted the MyVerizon app in 2011 and began offering BOPIS (buy online, pick up in-store) in 2016.

Payment Services

Mass Relators

MAY 31, 2023

She will also lead the compliance team, and the newly created Center of Excellence which supports monitoring store-level compliance, data gathering and future field enhancement analysis. Tim Bartlett has been promoted to division vice president, store operations, responsible for stores from Oklahoma to California.

Promotions

Mass Relators

JUNE 19, 2023

During his tenure at DG, Deckard has held roles of increasing responsibility in store operations, asset protection, corporate process improvement, strategy and financial planning. Tim Bartlett has been promoted to division vice president of store operations, responsible for stores from Oklahoma to California.

Promotions

Mass Relators

AUGUST 30, 2022

Zak Brining has been promoted to senior vice president of corporate store operations. In this role, Brining will continue overseeing store operations workforce management, communication and compliance, and store process improvement while adding responsibilities in store facilities management.

Promotions

Mass Relators

MARCH 31, 2024

In this role, she will continue to support DG’s store operations team, which now encompasses more than 20,000 retail stores including pOpshelf and Mexico. Adams joined DG in 2016 as senior employment attorney and most recently served as senior director, labor and employment.

Promotions

Mass Relators

MAY 2, 2023

Roxanne Flanagan In 2016, Roxanne joined the Walgreens supply chain organization, leading distribution, transportation, inventory management and master data followed by being GVP, asset protection and comprehensive loss in 2020. She joined Walgreens in 1993. Thank you to all the pharmacists at Walgreens. You were truly the pandemic heroes.

ATS

Small Biz Trends

JULY 8, 2021

We have assembled all the numbers you need, including store operations, shopper behaviors, how retailers market their businesses, and much more. If you own a retail store or are considering shop ideas for a new one, take a look at the stats below. The number of small specialty stores has declined 0.8% between 2016-2021.

Specialty Store

Indigo 9 Digital

APRIL 19, 2023

In 2016 Domino’s Pizza was the first company to complete a commercial drone delivery of pizza. This program will allow us to better understand how customers respond to the deliveries, how they interact with the robot and how it affects store operations." Do you like this content? A strong digital business.

Consumer

Mass Relators

JANUARY 18, 2024

Since that time, he has held a variety of leadership positions across the organization, including finance, merchandising, human resources and store operations. Liu joined Target in 2016, previously serving as executive vice president, general counsel and secretary for Xerox Corp.

Finance

Mass Relators

FEBRUARY 8, 2024

Mahajan joined the company in 2016 and previously served as senior vice president, global controller and chief accounting officer. This includes a focused approach to increasing cash flow across the company by lowering capital expenditures and keeping the company on pace toward $1 billion in cost savings this year.

Beauty and Health

Retail TouchPoints

FEBRUARY 13, 2024

Following its 2014 merger with Harris Teeter , Kroger invested more than $125 million to lower that chain’s prices, and invested over $100 million to lower prices at Roundy’s after its merger with that chain in 2016.

Planning

Retail TouchPoints

APRIL 9, 2021

He first joined BJ’s in May 2016 as EVP and Chief Growth Officer, and he had prior experience as a partner in the Boston office of Bain & Company and a leader in the firm’s Consumer Products practice. “We Bob Eddy, EVP, Chief Administrative and Financial Officer, has been named Interim CEO by the Board of Directors, effective immediately.

Wholesale

Retail TouchPoints

JUNE 15, 2020

trillion for 2020 is correct, the industry will fall back to the sales level it had in 2016. Worse still, the “sector could take years to recover from the impact of the coronavirus, and the hit could be worse than that of the Great Recession.” If eMarketer’s retail sales forecast of $4.89

Consumer

Retail Geek

MARCH 31, 2021

Akash 50-60 years there’s one but we’re even podcasting in 2016 and I remember one tarry longer than the CEO of Macy’s said. And I’m going to quote here the Amazon threat is overstated Macy’s nearly 800 stores offer a huge advantage over Amazon.

Beauty and Health

Retail Geek

JUNE 11, 2023

45:19] Target’s announcement was hey we lost we potentially could lose 500 million dollars in profit this year.

ATS

Retail TouchPoints

NOVEMBER 12, 2024

For example, one of the apparel companies I work with was almost 100% in China pre-2016, but they’re less than 5% now because they diversified to Southeast Asia.” While the potential tariffs have many executives worried, Pedersen said he doesn’t believe that will be as much of a blow to retailers.

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