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Forever 21 Finds New Home at JCPenney

Retail TouchPoints

A new range of Forever 21 fashions has debuted at 100 JCPenney stores across the U.S. Forever 21 and JCPenney share a mission to make the latest trends accessible to all while inspiring unique style and confidence,” said Michelle Wlazlo, EVP and Chief Merchandising Officer at JCPenney in a statement. and online.

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Tailored Brands Could Close 500 Locations; Ulta Plans Net Store Count Increase In 2020

Retail TouchPoints

1, 2020 and it will record a pre-tax charge of approximately $6 million in the quarter for severance payments and other termination costs. 7, 2020, the retailer expects to end the year with a net increase as it relaunches its store opening program. Although Ulta Beauty announced that it would permanently close 19 stores by Nov.

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Tuesday Morning to End Operations After 49 Years

Retail TouchPoints

The retailer started closing 250 locations earlier this year, pursuant to its plan to exit Chapter 11 with a much smaller footprint, and began the process of shuttering the remaining locations on May 1. Tuesday Morning operated fewer than 500 stores when it made its latest bankruptcy filing in February, which was the second since 2020.

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JCPenney Completes Sale to Simon and Brookfield, Exits Bankruptcy

Retail TouchPoints

JCPenney has completed its previously announced sale to mall operators Simon Property Group and Brookfield Asset Management, which have acquired substantially all of JCPenney’s retail and operating assets. With this closing, our operating company has exited Chapter 11 and is continuing under new ownership and the JCPenney banner.”. “We

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One night in March 2020

Cisco Retail

While sitting at the kitchen table one evening in early March of 2020, my wife and I discussed what was happening in the world and how my team at Cisco — like many of yours — was about to face an immediate mandate to enable remote work for our organizations. At least in theory. Cloud deployments and security.

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GameStop Poaches Belk CEO for COO Position

Retail TouchPoints

Patel was promoted to CEO in July 2021 as part of the retailer’s turnaround efforts following its emergence from Chapter 11 bankruptcy in an expedited “ one-day reorganization.” His pre-Belk roles include senior leadership positions at Kohl’s and Lands’ End. billion in Q4 2020. The company generated $2.3

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Dollar General bolsters team with 11 appointments

Mass Relators

In all the company announced 11 appointments, including promotions from within its own teams and appointments of executives who are new to the company. He joined the DG real estate and development team in 2020 and most recently served as vice president of real estate.