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Dollar General Promotes New President and CFO Following Strong Quarter

Retail TouchPoints

Dollar General has promoted John Garratt to President and CFO, effective September 1, 2022. He will add responsibilities for the company’s strategic healthcare initiatives and its international expansion to Mexico to his existing finance, accounting, strategy and procurement functions. and net sales up 9% to $9.4

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Tapestry Hires VF Corp. Veteran as New CFO

Retail TouchPoints

Roe will have responsibility for all finance functions and lead the retailer’s Strategy and Consumer Insights teams. Additionally, VP of Investor Relations Christina Colone has been promoted to Global Head of Investor Relations. Roe CFO, effective June 1, 2021. Roe is currently CFO of VF Corp. , a position he has held since April 2015.

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How Natori Used AI to Sharpen Retargeting and Achieve a 943% ROAS

Retail TouchPoints

Natori can use Albert to target customers who had previously engaged with and/or purchased similar products, registered on the ecommerce site or participated in a promotion. She left a prestigious Wall Street position to start the company; similarly, Ken left a career in finance to join the company in 2007.

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Garratt named Dollar General president

Mass Relators

The latest move involves a promotion for chief financial officer John Garratt, who on September 1 added the role of president. The 53-year-old Garratt will remain responsible for the company’s finance, accounting, strategy and procurement functions. Donny Lau has been promoted to senior vice president and chief strategy officer.

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AI in Retail: Optimizing Operations from Supply Chains to Employee Scheduling

Retail TouchPoints

Because it’s working from much broader inputs and more advanced neural networks, AI can take into account more factors, such as competitive pricing , weather patterns and promotional cannibalization. Everything Comes Back to the Data As promising as AI can be in retail operations, it also carries risks. said Thota.

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Black Friday 2020 In-Store Traffic: An Expected Result in an Unexpected Season

Retail TouchPoints

We’ve been saying for a while that due to coronavirus concerns, seasonal in-store traffic by day would likely flatten out, and that while in past years the Top 10 shopping days would together amount to nearly half of total seasonal in-store traffic, that this year the number would be closer to one-third.

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Consumers Turn to BNPL, BOPIS to Cope with Rising Prices and Supply Chain Uncertainty

Retail TouchPoints

The holidays always tend to put a strain on the piggy bank, but a study from personal finance company Credit Karma found that 43% of consumers are feeling more financially stressed this holiday season, and inflation is the leading cause. Shortages and Sticker Shock Heighten Holiday Stress. 22 and 23, which would be a new record.

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