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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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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 post TradeSquare Connect converts 100 Australian brands into wholesalers appeared first on Inside Retail.

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Guess posts flat revenue amid lower consumer confidence

Inside Retail

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. The post Guess posts flat revenue amid lower consumer confidence appeared first on Inside Retail Australia.

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Kaddy to close consumer arm, focus on fulfilment for trade partners

Inside Retail

Wholesale beverage marketplace Kaddy is to restructure its consumer business into a pure-play B2B fulfilment service provider following a strategic review. The last consumer deliveries will be made by February 7. The post Kaddy to close consumer arm, focus on fulfilment for trade partners appeared first on Inside Retail.

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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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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

The company’s wholesale business is still thriving, but now it’s only part of an omnichannel strategy that includes ecommerce , social commerce and marketplaces. Introducing DTC Without Damaging Wholesale. And earn his stripes he has. I Would Always Rather Over-explore than Under-explore’.

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