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Julian Charles Brings Luxury Home Furnishings to Norwich’s Castle Quarter

365 Retail

The retailer, known for its selection of quality bedding, curtains, and home décor, has opened a new 1,800 sq ft store. Julian Charles, with a history dating back to 1947, has established itself as a significant player in the home furnishing sector with over 70 outlets across the UK.

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Vitamin Shoppe Parent Company to go Private Following Acquisition by Senior Management

Retail TouchPoints

The senior management team of Franchise Group , led by the company’s CEO Brian Kahn along with a consortium of financial partners that includes B. The transaction is valued at approximately $2.6 Franchise Group’s management team, including Kahn, is expected to continue to lead the company. “We

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The Importance of Group Counting Solution in Home Furnishing Industry

V Count

The Covid-19 pandemic changed things for the industry as people had to stay home during lockdowns and many had to start working from home. Wanting change is as human as it gets, and being stuck at home caused people to realize they need to improve their living spaces, and well, their new offices. .

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Kohl’s, Franchise Group Enter Exclusive Negotiation Period at $8 Billion Purchase Price

Retail TouchPoints

Franchise Group has offered to acquire the retailer for $60 per share , which would value the company at approximately $8 billion. Backing for the deal reportedly came from investment firm Vintage Capital Management LLC, which has a 12.3% stake in the retail holding company.

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Bed Bath & Beyond, Overstock Get New CEOs

Retail TouchPoints

At the time of his departure, then-President David Nielsen was named as interim CEO; he has now formally been appointed as the permanent CEO of Overstock. A veteran merchandiser with expertise in ecommerce, Holt held various leadership roles at Walmart and Target before joining Conn’s HomePlus in 2021. million bid in June 2023.

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Macy’s Names Gennette’s Successor as CEO Plans 2024 Retirement

Retail TouchPoints

He has delivered strong results at Bloomingdale’s and has been an ally and trusted partner in advancing Macy’s’ strategies. Prior to joining Macy’s, Mitchell advised retailers as a Managing Director and Partner at Boston Consulting Group and was CEO of home furnishings retailer Arhaus LLC.

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Reuters: Franchise Group Makes $9 Billion Bid for Kohl’s

Retail TouchPoints

Kohl’s has reportedly received a $9 billion takeover offer from Franchise Group , the parent company of The Vitamin Shoppe and Buddy’s Home Furnishings , three people familiar with the matter told Reuters. The offer values Kohl’s at $69 per share, slightly lower than the $70 per share Hudson’s Bay Co.