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Reuters: Mexican Retailer Liverpool Takes 9.9% Stake In Nordstrom to Diversify Geographic Assets

Retail TouchPoints

Liverpool said in a statement that “this operation represents an attractive opportunity to diversify assets geographically.”. stakes as of December 2021, while his sister Anne Gittinger controlled 9.7% The deal makes Liverpool one of Nordstrom’s largest stakeholders. Founder Bruce Nordstrom held a 15.9%

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How Retailers can Combat the Rising Threat of Theft

Retail TouchPoints

According to the National Retail Security Survey released by the National Retail Federation (NRF), vanishing inventory contributed to $112 billion in losses last year alone — up significantly from $93.9 billion in 2021.

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Bath & Body Works Faces Growing Activist Pressure Despite Adding 2 Board Seats

Retail TouchPoints

Loeb has accused the Board of Directors of operating in “triage mode rather than via best corporate governance practices” as the retailer struggles with declining revenue. 28, 2023, down 5% compared to Q4 2021. In addition, we continued to be disciplined in our expense and inventory management.”

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The Rise of Micro Markets in Airports

Retail TouchPoints

Features such as inventory management and the ability to track sales allow operators to keep track of which items sell better than others. The inventory management features also help operators track any theft. Understanding what customers want helps improve their overall experience.

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Vitamin Shoppe CEO Sharon Leite Went Undercover in Her Stores. Here’s What She Learned.

Retail TouchPoints

The episode was shot in early 2021 and aired on Jan. Leite’s experience on the show not only amplified her “people-first” leadership philosophy, but also prompted a number of investments to address problems she uncovered while undercover, including: $500,000 on product education for store associates, known as Health Enthusiasts; $1.5

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3 Expert Perspectives on Why Margin, Experience and Loyalty Will be Key to Winning Holiday 2022

Retail TouchPoints

Both 2020 and 2021 each had their own clear themes and pressures, and this holiday season will be defined by trying to understand what has changed. “ However, that demand has come and gone, and Kramer sees 2021’s sales growth of 14.1% Companies plan to spend 30% of their marketing budget during the holidays, down from 36% in 2021.

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Bed Bath & Beyond Hires JCPenney Veteran to Oversee Home Categories

Retail TouchPoints

Bed Bath & Beyond has named Stacey Shively as SVP and General Merchandise Manager for Home, effective May 17, 2021. Shively brings more than 25 years of retail experience in merchandising, product development and inventory management to the position.