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BJ’s Wholesale Club President and CEO Dies at Age 48

Retail TouchPoints

BJ’s Wholesale Club President and CEO Lee Delaney died unexpectedly on April 8 due to presumed natural causes. Delaney was promoted from EVP and Chief Commercial Officer to President in September 2019 , and took on the CEO role in February 2020. We are shocked and profoundly saddened by the passing of Lee Delaney,” said Christopher J.

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In for a penny, in for a pound: Thailand’s Central bets big on wholesale

Inside Retail

Thai retail conglomerate Central Retail (CRC for short) has launched full-on into the wholesale business under the name Go Wholesale, and is planning to give CP Axtra — parent company of retailer Lotus’s and wholesaler Makro — a run for its money. It operates 164 wholesale units, of which all but 10 are in Thailand itself.

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Bestway turnover and earnings rise in annual figures for 2019/20

Talking Retail

The Bestway Wholesale group saw turnover increase to £2.55 billion in 2019, the company has announced. in 2019 to £37.9m This story continues at Bestway turnover and earnings rise in annual figures for 2019/20. billion in the year to June 2020, up from from £2.51 Bestway’s managing director, Dawood Pervez, said that.

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Dunnhumby Survey: H-E-B Regains Title of America’s Top Grocer as Club Stores Move Up the Ranks

Retail TouchPoints

BJ’s Wholesale made the most dramatic moves up the rankings over the last three years, climbing from 27th place to 10th place in 2022. In fact, club stores are gaining momentum across the board, with three of the top 10 spots now occupied by these retailers: Costco (#2), Sam’s Club (#5) and BJ’s Wholesale (#10).

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Grocery wholesalers enjoyed solid growth last year, says analyst

Talking Retail

UK grocery wholesalers had a good year of growth in 2021/22, according to analyst Lumina Intelligence. Although the total wholesale market experienced a slowdown in growth compared with 2019/20, Lumina highlighted the success of grocery wholesalers within this in its UK Wholesale Market Report 2021/22.

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The Berry Tea Shop launches equity crowdfunding to scale business

Inside Retail

The money raised will be used primarily to secure a new warehouse, venture into wholesale, scale marketing efforts, and introduce new products – including developing a ready-to-drink range. million last year, and online sales growth of 60 per cent yearly from 2019 to 2022. The company reported a revenue of $1.3

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Australian label Princess Polly opens its first physical store in the US

Inside Retail

Since its entry online in 2019, the company says US sales have made up the majority of its revenue. PacSun is our first wholesale partner, and we are thrilled to be working with them,” said Collis. He added the brand is going to “listen” to its customers and scale operations accordingly.