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Target Names New COO, Divvies Up Merchandising Responsibilities

Retail TouchPoints

He will wear both hats until Target names a new finance chief. Current COO John Mulligan announced his retirement plans in October 2023. Chief Merchandising Officer Jill Sando will handle discretionary categories as CMO of Apparel and Accessories, Home and Hardlines.

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Taiwan’s answer to The RealReal: Behind PopChill’s global expansion plans

Inside Retail

With monthly gross merchandise volume (GMV) exceeding US$1 million in Taiwan alone, the platform plans to export its success by addressing specific pain points in online luxury transactions. The future PopChill plans to enter the Singaporean and Malaysian marketplace by 2024.

Planning 130
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Bed, Bath & Beyond – ‘irrelevant to consumers’ – succumbs to debts

Inside Retail

The 52-year-old omnichannel brand sells a range of merchandise primarily in the home and baby markets such as decorative homeware and lifestyle goods, accessories and textiles. He suggested the Bed, Bath & Beyond brand can operate as an online-only model though it will remain a “shadow of its former self”.

Consumer 246
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Francesca’s to Shutter an Additional 97 Stores

Retail TouchPoints

The apparel and accessories retailer is seeking to sell both its brick-and-mortar locations and its ecommerce holdings. The company will continue operating during the process by utilizing a $25 million debtor-in-possession loan from Tiger Finance. As of the filing, Francesca’s still operated 558 locations.

Boutique 184
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Francesca’s to Exit Bankruptcy With Half its Remaining Stores Following $18 Million Acquisition

Retail TouchPoints

The retailer’s new owners plan to continue operating its corporate offices and will keep its management team and nearly all employees on board, according to The Wall Street Journal. The accessories retailer has been experiencing financial difficulty for some time. million in liabilities. 1, 2020.

Finance 256
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Exclusive: Vietnamese fashion operator eyes international expansion plan

Inside Retail

Now the company’s founder has disclosed, in an interview with Inside Retail , plans to treble its store network within five years, add another 10 brands to its portfolio, and expand abroad – all while preparing for a potential IPO. It is targeting 30 per cent annual sales growth by 2025.

Fashion 130
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Report: Lord & Taylor to Return as Online-Only Retailer in April

Retail TouchPoints

Now Saadia Group is planning Lord & Taylor’s revival with a revamped website that initially will focus on women’s and men’s apparel, homewares and beauty, according to Women’s Wear Daily. Childrenswear, fashion accessories and footwear will join the mix in the second half of 2021.

Returns 279