article thumbnail

Express Files for Bankruptcy to Facilitate Sale to WHP

Retail TouchPoints

Bonobos’ wholesale operations will also continue uninterrupted. In order to support continued operations, the company has received a commitment for $35 million in new financing from some of its existing lenders and will also use the $49 million in cash it received on April 15, 2024, from the Internal Revenue Service related to the CARES Act.

Wholesale 147
article thumbnail

How to Start a Craft Business in 2022

Small Biz Trends

The Handmade Crafts Industry in 2022. The handmade business industry is booming in 2022, with consumers looking for unique products and online marketplaces making them easily accessible. Keep your business finances separate to make tracking easier. Consider wholesale suppliers to save money on products you need in bulk.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Study eyes grocers’ long-term future

Mass Relators

CHICAGO — Amazon, Aldi, Costco Wholesale Corp. The dunnhumby Retailer Preference Index database of more than 70,000 consumer survey responses between 2017 and 2022 was referenced to understand which trends matter the most to consumers. Health and wellness and finances are opposing forces for many consumers.

Grocer 52
article thumbnail

Amazon, Walmart among grocers best-positioned for 2053

Mass Relators

CHICAGO – Amazon, Aldi, Costco Wholesale Club, and Walmart are among U.S. The dunnhumby Retailer Preference Index database of more than 70,000 consumer survey responses between 2017 and 2022 was referenced to understand which trends matter the most to consumers. Health and wellness and finances are opposing forces for many consumers.

Grocer 52
article thumbnail

The Top 5 Retail Remix Episodes of 2023

Retail TouchPoints

Over three -plus years, I have had the honor of speaking with industry pros who have rich backgrounds in tech, marketing and advertising, operations, finance and so much more. While some DTC brands are strategically entering into brick-and-mortar via branded storefronts, others are doubling down on wholesale.

article thumbnail

Retail appointments of the week

Inside Retail

Chong stepped down as CEO after selling the brand to Swedish health company Essity for $140 million in July 2022. With over 20 years at the company, she assumed multiple roles across all facets of the business, including finance, distribution and sales operations, international, and marketing.

Apparel 130
article thumbnail

Retail appointments of the week

Inside Retail

He was appointed to Gap’s board of directors in November 2022. Blakeslee has broad experience in the apparel retail and wholesale industries, having served as president of sister companies Alo Yoga and Bella+Canvas since 2017 and held senior positions at Alphabroder.

Apparel 130