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“Transformation agenda”: MFG CEO on Bobux acquisition and growth plans

Inside Retail

Renowned Australian footwear business Munro Footwear Group (MFG) recently acquired the popular but beleaguered New Zealand kids’ footwear brand Bobux, as part of a plan to consolidate its presence in the children’s market. The long-term plan is still being finalised,” he said. The initial focus is on stabilisation.

Planning 244
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Alibaba Separates International and Domestic Commerce Operations, Names New CFO

Retail TouchPoints

Alibaba Group has reorganized its consumer and wholesale commerce divisions and named current Deputy CFO Toby Xu to succeed Maggie Wu as CFO in April 2022. The announcements mark the first major management shifts since Alibaba was fined a record-setting $2.75 From 2014 to 2017, she was Alibaba’s Chief Customer Officer.

Wholesale 241
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How Advanced Email Analytics Helped Kerrits Boost its DTC Business 150%

Retail TouchPoints

The mass store closures prompted by COVID-19 in spring 2020 could have spelled disaster for equestrian specialty brand Kerrits , which had operated as a wholesale-only business for over 25 years. Once the pandemic hit, our wholesalers had to close their stores, and we had to rethink our entire email plan,” said Florin.

Wholesale 236
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Walgreens Boosts Primary Care Bonafides With Majority Stake in VillageMD

Retail TouchPoints

VillageMD will remain a standalone company with its own board and management, with plans to conduct an IPO in 2022. Walgreens is planning to open at least 600 Village Medical at Walgreens primary care practices by 2025 and 1,000 by 2027, building on the 80 that are expected to open by the end of 2021. billion in 2021.

Wholesale 283
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BJ’s Wholesale Club taps Bob Eddy as CEO

Mass Relators

BJ’s Wholesale Club Holdings Inc. Bob’s leadership, strategic vision and deep knowledge of the business have been pivotal in driving BJ’s Wholesale Club’s transformation and record growth across all key metrics,” BJ’s executive chairman Christopher Baldwin said. WESTBOROUGH, Mass. These changes are effective immediately. “We

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Retail appointments of the week

Inside Retail

Alongside the announcement, the business reduced its outlook for FY23 due to anticipated weakening demand, and wholesale order cancellations. Rendle said it had been an honour to have served in the role, and that he was looking forward to watching the company’s continued success. The Body Shop’s global retail director steps down.

Fashion 130
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Retail appointments of the week

Inside Retail

Alongside the announcement, the business reduced its outlook for FY23 due to anticipated weakening demand, and wholesale order cancellations. Rendle said it had been an honour to have served in the role, and that he was looking forward to watching the company’s continued success. The Body Shop’s global retail director steps down.

Fashion 130