Mon.Nov 23, 2020

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Lululemon Appoints First Female CFO

Retail TouchPoints

lululemon athletica has promoted Meghan Frank to CFO, making her the first woman to hold the role at the company. She brings more than 20 years of experience within the retail industry, including four years at lululemon. Frank has been interim co-CFO at the athleisure retailers since April, holding the position alongside VP and Controller Alex Grieve.

Finance 278
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As a Category Manager are you the next CEO or stuck for life?

Shopper Intelligence

If you’re a Category Manager are you the next CEO or stuck for life? “Let’s be realistic, if you stay in Category then the best you can hope for is heading up the Category Team. After that if you want to go up, you’ll have to get out.”. You might not have been told this as I once was, but you may already have the impression. As you move up the career ladder, you may start getting the advice to move out of Category, get more ‘breadth’.

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CVS Names Crate & Barrel CEO to Head CVS Pharmacy/Retail

Retail TouchPoints

CVS Health has named Neela Montgomery EVP and President of CVS Pharmacy/Retail, effective Nov. 30, with responsibility for overseeing the retailer’s 10,000 pharmacies across the U.S. Montgomery will report directly to Karen Lynch, who will become President and CEO of CVS Health in February 2021. Montgomery is a 20-year retail industry veteran whose most recent position was as CEO of Crate & Barrel , where she transformed the retailer’s online sales channel to account for more than half the c

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Online sales boomed over 60% in October to lead the retail fightback

Retail Technology Review

October’s retail sales estimates, released by the Office for National Statistics (ONS), reveal sales volumes soared by 5.8% YOY, up 1.2% from September’s results.

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From Data to Decisions: Maximizing Retail Potential with AI

Speaker: David Azoulay, Marc Stracuzza, Román Tejada, and guest speaker Sucharita Kodali

Imagine a retail landscape where every interaction is personalized, every decision informed, and every opportunity maximized 🤔✨ Join us for an exploratory journey into the heart of AI-driven retail innovation. We’ll unveil the transformative potential of AI and data analytics in shaping the future of omnichannel personalization and e-commerce.

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3 Ways to Help Your Frontline Thrive Amid Pandemic Fatigue This Holiday Season

Retail TouchPoints

You may have plenty of masks, floor markers and plexiglass to go with your holiday inventory and festive in-store music. But have you really considered what your frontline needs to execute during this very different holiday shopping season? Pandemic fatigue is spilling over into the retail experience. People are tired of rules and restrictions. Your greeters are getting screamed at about personal and constitutional rights because they asked people to wear masks.

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Q3 2020: Walmart, Home Depot Stand Strong as Macy’s and TJX Seek Digital Turnarounds

Retail TouchPoints

While news of potential COVID vaccines has many retailers anticipating a return to in-store shopping in 2021, this year’s Q3 financial results show that consumers’ hunger for ecommerce shows no sign of being sated. Companies with strong online and omnichannel offerings were once again rewarded for their efforts, while those that have fallen behind in these areas continued to struggle — though their catch-up ecommerce efforts are starting to pay off.

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CVS Names Crate & Barrel CEO to Head CVS Pharmacy/Retail

Retail TouchPoints

CVS Health has named Neela Montgomery EVP and President of CVS Pharmacy/Retail, effective Nov. 30, with responsibility for overseeing the retailer’s 10,000 pharmacies across the U.S. Montgomery will report directly to Karen Lynch, who will become President and CEO of CVS Health in February 2021. Montgomery is a 20-year retail industry veteran whose most recent position was as CEO of Crate & Barrel , where she transformed the retailer’s online sales channel to account for more than half the c

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Caleres to Close 133 Naturalizer Stores, Bring in New President of Famous Footwear

Retail TouchPoints

Caleres plans to close 133 Naturalizer stores by the end of January 2021 and adjust its back-office infrastructure as the shoe retailer shifts to a digital focus. Additionally, Famous Footwear will continue its own recovery effort under newly-minted President Michael Edwards. Like many apparel retailers, Caleres has been struggling under the pandemic, with net sales down 18.3% year-over-year for Q3 2020.

Apparel 130
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Lululemon Appoints First Female CFO

Retail TouchPoints

lululemon athletica has promoted Meghan Frank to CFO, making her the first woman to hold the role at the company. She brings more than 20 years of experience within the retail industry, including four years at lululemon. Frank has been interim co-CFO at the athleisure retailers since April, holding the position alongside VP and Controller Alex Grieve.

Finance 130