Retail TouchPoints

APRIL 25, 2022

Rite Aid has rejected a non-binding off-market proposal from Spear Point Capital Management to acquire the company for $3.6 Rite Aid’s concerns included that the Spear Point proposal provided no evidence of financing, required multiple months of exclusivity and then called for Rite Aid to spend months soliciting competing offers.

Finance 231

Finance Management Planning Marketing 231

Retail TouchPoints

FEBRUARY 15, 2023

Tuesday Morning has filed for Chapter 11 bankruptcy for the second time since 2020 in order to help reduce its outstanding liabilities and obtain the necessary capital required to turn the business around. The off-price retailer also has obtained a commitment from Invictus Global Management to provide $51.5

Finance 226

Finance Marketing Management Store Operations 226

Retail TouchPoints

NOVEMBER 17, 2020

Supermajorities of the company’s noteholder groups have committed to vote in favor of the RSA plan, which Guitar Center forecasts will be completed before the end of 2020. Additionally, Guitar Center has negotiated $375 million in Debtor-In-Possession financing and plans to raise $335 million in new senior secured notes.

Planning 163

Planning Finance Shipping Management 163

Retail TouchPoints

JUNE 25, 2020

Macy’s will reduce its corporate and management headcount by approximately 3,900 people as part of a cost restructuring expected to save approximately $365 million in fiscal 2020 and $630 million on an annualized basis. Macy’s closed all its stores on March 18, 2020 and began gradual reopenings in early May.

Department Stores 163

Department Stores Finance Returns Management 163

Retail TouchPoints

JULY 6, 2020

The mall operator joined with Authentic Brands and mall owner Brookfield Property Partners to purchase Forever 21 out of bankruptcy in February 2020. million in debtor-in-possession financing, according to bankruptcy filings. “We Lucky Brand owes Simon Property Group $4.6 million in rent, according to court documents.

Finance 186

Finance Wholesale Apparel Planning 186

Retail TouchPoints

APRIL 16, 2021

Kohl’s has named three new directors to its board as part of an agreement with a group of activist investors that have been pushing since December 2020 for a shakeup of the company’s leadership in an effort to alter the retailer’s trajectory. . of Kohl’s stock. Kingsbury will join this committee.

Finance 163

Finance Wholesale Apparel Fashion 163

Retail TouchPoints

AUGUST 7, 2020

This includes virus case counts, in-store retail traffic and how the two intersect. Initial traffic reports, beginning when the pandemic broke internationally in January 2020 to present day, outline consumer behavior in countries farther into the COVID-19 timeline than the U.S. such as China and South Korea.

Store Operations 255

Store Operations Consumer Finance Apparel 255

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. Amanda Mathis has joined Dollar General as senior vice president, finance. . — Dollar General has promoted 18 executives to new roles at the company.

Promotions 52

Promotions Merchant Services Planning Beauty and Health 52

Retail TouchPoints

NOVEMBER 4, 2021

The holidays always tend to put a strain on the piggy bank, but a study from personal finance company Credit Karma found that 43% of consumers are feeling more financially stressed this holiday season, and inflation is the leading cause. Shortages and Sticker Shock Heighten Holiday Stress. Stressed Consumers Spread Out Spending with BNPL.

Consumer 255

Consumer Merchant Services Payment Services Drop-Shipping 255

Mass Relators

JANUARY 18, 2024

He then attended Kellogg School of Management, where he earned his MBA and joined Target as an intern in 2003. Since that time, he has held a variety of leadership positions across the organization, including finance, merchandising, human resources and store operations.

Finance 52

Finance Accessories Apparel Fulfillment 52

Retail TouchPoints

JUNE 8, 2020

RTP: You also mentioned that until 2020, the company hadn’t faced any tests on the scale of COVID-19. What are some other key management principles that have helped? We had originally projected 55 new locations in 2020, and our revised projection is 40 new locations.

Location 165

Location Finance Consumer Promotions 165

Mass Relators

JANUARY 21, 2023

In similar fashion to the “Great Humanitarian” Herbert Hoover, Obray led Associated Food Stores with the dual aim of maximizing consumer satisfaction and uplifting communities in need. Esther Peterson Award for Consumer Service Elizabeth Chace-Marino, Manager of Government Affairs at Ahold Delhaize USA, Inc.,

Beauty and Health 52

Beauty and Health Grocer Merchant Services Consumer 52

Retail TouchPoints

AUGUST 4, 2023

The travel and tourism industry went through a shock in 2020, with the COVID-19 pandemic leading to a decrease in passenger traffic and significant economic challenges for airports. Micro markets often come with management software that can help airport employees in the food and beverage industry increase productivity and optimize operations.

Payment Services 214

Payment Services Kiosk Marketing Shrinkage 214

Mass Relators

JUNE 22, 2022

He’s also a terrific inventor for customers, thinks big, has a thoughtful vision around how category management and ops can work well together, is a unifier, is highly curious, and is an avid learner. “John has been at Amazon for nearly 18 years, spending 12 years in Retail and Operations finance leadership roles,” Jassy said.

Fulfillment 52

Fulfillment Finance Consumer Store Operations 52

Retail TouchPoints

OCTOBER 7, 2020

At the beginning of 2020, Hudson kicked off its deployment of the Flooid platform to provide a new backbone for all transactions across its 1,010 travel convenience stores and specialty retail, which includes proprietary book and tech stores, duty-free shops and food and beverage concessions.

Payment Services 214

Payment Services Point of Sale Specialty Retailers Customer Experience 214

Mass Relators

JULY 11, 2022

He’s also a terrific inventor for customers, thinks big, has a thoughtful vision around how category management and ops can work well together, is a unifier, is highly curious, and is an avid learner. John has been at Amazon for nearly 18 years, spending 12 years in Retail and Operations finance leadership roles,” Jassy said. “In

Fulfillment 40

Fulfillment Finance Store Operations Consumer 40