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Rite Aid Charges New Chief Retail Officer with Developing its Store of the Future

Retail TouchPoints

Rite Aid has promoted Andre Persaud to the role of Chief Retail Officer. Persaud, who has held the role of EVP, Retail since February 2020 , will now be responsible for orchestrating new in-store experiences and operations processes under the retailer’s RxEvolution strategy. and Canada.

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Rite Aid promotes Andre Persaud to chief retail officer

Mass Relators

Persaud was appointed executive vice president, retail for Rite Aid in February 2020 and assumed responsibility for orchestrating new in-store experiences and retail operations processes in line with the company’s RxEvolution strategy. CAMP HILL, Pa. Andre Persaud.

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“20,000 stores in China by 2026 is the target” – Joey Wat, Yum China’s CEO

Inside Retail

The company operates KFC, Pizza Hut, Taco Bell and partners with Lavazza to develop coffee shop concepts too. From 2020 to the first half of 2023, the company added 4402 new stores in China and raked in an operating profit of $3.6 The current store count stands at 13,602, with total revenues at $5.6

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“20,000 stores in China by 2026 is the target” : Joey Wat, Yum China’s CEO

Inside Retail

The company operates KFC, Pizza Hut, Taco Bell and partners with Lavazza to develop coffee shop concepts too. From 2020 to the first half of 2023, the company added 4,402 new stores in China, and raked in an operating profit of $3.6 The current store count stands at 13,602, with total revenues at $5.6

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How to Win in the Real-Time Holiday Retail Era

Retail TouchPoints

Last year, COVID-19 lockdowns that restricted shopping at brick-and-mortar stores sent shoppers online. Americans spent more money online during the 2020 holiday season than previously, with revenues growing 32% year-over-year and exceeding $188.2 Optimized supply chain management to avoid stockouts and overstocking.

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Mitigate Supply Chain Challenges with Data and Proactive Customer Communication

Retail TouchPoints

20, revealed that out-of-stock product messages have jumped 172% this holiday season compared to the pre-pandemic period (January 2020). Address Supply Chain Challenges with Better Demand Data. Supply chain problems are inextricably linked with demand changes, which themselves have been dramatic.