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New Activist Investor Pushes Macy’s to ‘Look to Dillard’s’ for Better Path Forward

Retail TouchPoints

Macy’s Real Estate Worth as Much as $9 Billion The activist investors charge that Macys numerous previous attempts at a turnaround have led to limited sustainable improvements to the companys operating results. In 2017, Dillards faced similar activist pressure based on undercapitalization of its real estate assets).

Returns 297
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Wingstop heads Down Under, making Sydney debut this week

Inside Retail

The restaurant is set to launch on May 17 at the corner of Sydneys Darlinghurst Road and Victoria Street. He previously spent three years at Craveable Brands Oporto and Red Rooster and 13 years at KFC. He added that the team plans to open in every Australian capital city and to have a network of more than 100 locations by 2035.

Location 286
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Dollar General Hit with $1M More in OSHA Fines, Bringing Total Since 2017 to $15M

Retail TouchPoints

Dollar General is facing more than $1 million in potential penalties for workspace safety violations at four stores in Florida and Georgia that were uncovered by investigators from the U.S. The company has been fined $15 million since 2017 for safety hazards, according to a strongly worded OSHA statement outlining the new violations.

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Calpak Embarks on a New Retail Adventure: Physical Stores

Retail TouchPoints

That’s why the brand has opened its first permanent store at Westfield Century City Mall in Los Angeles, which is not only an epicenter for Calpak’s core customer base, but also for the business itself. Success is looking [at those metrics] within a specific mile radius from our store.

Wholesale 296
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True Religion Appoints First CF/COO as It Plans $500M Revenue Goal

Retail TouchPoints

In March, True Religion appointed Scott McCabe as its SVP of Ecommerce as part of its plan to triple online revenues and achieve 50% ecommerce sales by 2025 through transforming into a digital-first DTC brand. Prior to his appointment at the Los Angeles brand, Grewal served as CFO of housewares supplier Bradshaw International since 2017.

Planning 276
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Amazon Plans Chainwide Rollout of Palm-Based Payments at Whole Foods

Retail TouchPoints

The identification, payment, loyalty membership and entry solutions are currently deployed at a total of more than 400 locations in the U.S., We are always looking for new ways to delight our customers and improve the shopping experience,” said Leandro Balbinot, CTO at Whole Foods Market in a statement. billion.

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JD Sports taps former Rebel exec to defend against UK rival Sports Direct 

Inside Retail

Leak most recently worked as global GM of retail at luxury homewares chain Coco Republic. Prior to this, he was GM of retail at Rebel Sport. The company entered Australia in 2017 and currently operates 66 stores in the market. JD plans to open another 10 stores in Australia this year.

Fashion 179