Remove 2020 Remove Planning Remove Wholesale
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Marquee Adds Laura Ashley to Brand Portfolio

Retail TouchPoints

Marquee bought the brand from Gordon Brothers , which acquired Laura Ashley out of bankruptcy in 2020. We acquired the British heritage brand out of insolvency in 2020 and built a flexible, scalable licensing business and a global ecommerce presence over the last four years, said Tobias Nanda, Head of Brands at Gordon Brothers in a statement.

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BJ’s Wholesale Club Positions Smaller Store Concept as ‘Innovation Lab’

Retail TouchPoints

BJ’s Wholesale Club is testing out a smaller store format called BJ’s market. BJ’s market will serve as an exciting new innovation lab for BJ’s Wholesale Club,” said Bill Werner, EVP, Strategy and Development at BJ’s Wholesale Club in a statement. “We The first 43,000 -square-foot concept store opened in Warwick, R.I.

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DEI Deflates, Retail Media Rises, Mergers Flounder

Retail TouchPoints

billion Kroger-Albertsons tie-up as well as the November 2024 end of a planned Capri Holdings and Tapestry merger. After moving aggressively into direct sales in 2020 and 2021, Nike had to begin rekindling wholesale relationships with retailers including DSW and Macys in late 2023. Walgreens Agrees to $192.5M

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Inside Natori’s Transformation from High-End Wholesaler to Omnichannel Brand

Retail TouchPoints

The company’s wholesale business is still thriving, but now it’s only part of an omnichannel strategy that includes ecommerce , social commerce and marketplaces. Introducing DTC Without Damaging Wholesale. The key in the end was to ensure that Natori.com wasn’t really competing with the brand’s wholesale partners.

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Save A Lot Completes Transition to Wholesaler with Sale of 18 Stores

Retail TouchPoints

As we’ve made a strategic shift to become a licensed wholesaler, it’s clear that our long-term growth momentum must be rooted in the success of our strong network of retail partners,” said Leon Bergmann, CEO of Save A Lot in a statement. This acquisition marks the final chapter in the retailer’s wholesale transformation, which began in 2020.

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Nike Plans to Cut $2 Billion in Costs; Layoffs Imminent as Strategy Pivot Continues

Retail TouchPoints

Nike has laid out a plan to cut up to $2 billion in costs over the next three years in a bid to “accelerate future growth while building a faster, more efficient” organization, executives shared during the company’s fiscal 2024 Q2 earnings call. However, currency-neutral wholesale revenues were down 3% to $7.1

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Digital Transformation Propels Burton’s Omnichannel Growth Plans

Retail TouchPoints

Burton’s business has changed over the years, from almost exclusively wholesale to a 75%/25% mix of wholesale and DTC, but its systems hadn’t changed with it, explained Josee Larocque, Burton’s SVP of DTC and Digital Transformation in an interview with Retail TouchPoints. We began the journey by getting our heads around the data.”.

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