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Shopify Invests in Wholesale Marketplace Faire, Expands Reach into B2B Ecommerce

Retail TouchPoints

Shopify has taken a stake in the B2B retail marketplace Faire and is establishing Faire as the recommended wholesale marketplace for its millions of global merchants through a deeper integration between the two platforms. The size of Shopify’s stake in Faire was not disclosed.

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BJ’s Wholesale Club President and CEO Dies at Age 48

Retail TouchPoints

BJ’s Wholesale Club President and CEO Lee Delaney died unexpectedly on April 8 due to presumed natural causes. He first joined BJ’s in May 2016 as EVP and Chief Growth Officer, and he had prior experience as a partner in the Boston office of Bain & Company and a leader in the firm’s Consumer Products practice. “We

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TradeSquare Connect converts 100 Australian brands into wholesalers

Inside Retail

Australian B2B marketplace TradeSquare has expanded its reach by creating a spin-off solution – TradeSquare Connect – that allows businesses that do not otherwise have a wholesale offer to launch one using its platform. The company says sales are continuing to grow at a double-digit rate every month.

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Guess posts flat revenue amid lower consumer confidence

Inside Retail

million, but flat at 1 per cent in constant currency. In the Americas, retail revenues dropped 7 per cent in US dollars and 8 per cent in constant currency, while wholesale revenues increased 4 per cent in US dollars and decreased 1 per cent in constant currency. per cent in US dollars. “We

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Gymshark names Adidas exec as its first wholesale and retail boss

Retail Gazette

Gymshark has appointed Hannah Mercer to the newly created role of general manager, wholesale and retail. “She has joined to drive market share and optimise turnover through consumer conversion”, said Gymshark. .

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In for a penny, in for a pound: Thailand’s Central bets big on wholesale

Inside Retail

Thai retail conglomerate Central Retail (CRC for short) has launched full-on into the wholesale business under the name Go Wholesale, and is planning to give CP Axtra — parent company of retailer Lotus’s and wholesaler Makro — a run for its money. It operates 164 wholesale units, of which all but 10 are in Thailand itself.

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Inside Natori’s Transformation from High-End Wholesaler to Omnichannel Brand

Retail TouchPoints

A 45-year-old family-owned luxury business might not be the kind of company one expects to be at the cutting edge of digital commerce, but thanks to President Ken Natori, the company’s second-generation leader, Natori is just that. And earn his stripes he has.

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