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Nordstrom C-Level Appointments Centralize Responsibility for Customer and Store Operations Strategies

Retail TouchPoints

Aligning with Nordstrom’s Closer to You concept of cultivating a convenient and interconnected experience across both stores and digital platforms, the new appointments centralize customer strategy under Worzel, while store operations for Nordstrom and Nordstrom Rack are consolidated under Jamie Nordstrom. in a statement.

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REI Shutters Experiences Business that was Losing Millions Annually, Cuts 400+ Jobs

Retail TouchPoints

Even at our peak in 2019 our best year for Experiences ever we did not generate a profit. Experiences served 40,000 customers in 2024 less than 0.4% of all co-op customers and costs significantly more to run than it brings in, wrote Artz.

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7-Eleven Plans 500 New ‘Food-Forward’ Stores by 2027

Retail TouchPoints

The “New Standard” stores will be larger than traditional 7-Eleven stores and will include expanded fuel offerings as well as digital innovations to support more frictionless shopper journeys. The c-store giant’s road to the new store design began with its Evolution store format, which was launched in March 2019 with a store in Dallas.

Planning 277
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Inside Best Buy’s 5-Year Effort to Evolve with Today’s Consumer

Retail TouchPoints

Its a tenet that the companys latest CEO, Corie Barry, kept front of mind as she took the helm in 2019 , throughout the upheaval of the pandemic and into today. That is what Barry has spent the last five years doing.

Consumer 287
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GameStop Will Close Up To 450 Stores In Fiscal 2020

Retail TouchPoints

Comparable store sales declined 12.7% , even with an 800%. GameStop attributed the losses to a 13% reduction in total store operating days due to COVID-19 shutdowns, as well as a 10% reduction in its store base as part of the de-densification strategy. For the three months ended Aug. rise in global e-Commerce sales.

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Cutting Through the Noise: How Store Leaders can Simplify Operations in an Era of Data Overload

Retail TouchPoints

Furthermore, without a standardized way to interpret and act on data, each store leader applies their own lens to reports, leading to inconsistent execution and decision-making across the retail network. Adding to the challenge is the high turnover among store managers. Since 2019, the turnover rate has increased 3.5

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Exclusive Q&A: B2B Cruise Retail Player Comes Ashore to Support Resort-Based Luxury

Retail TouchPoints

Stacy Shaw: I joined the company in 2019 to create a luxury division; Starboard had been discussing this as a strategic move even back then. She revealed Starboard Groups sometimes twisty path to land-based retail and the strengths it brings to the luxury retail space.

Shipping 278