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Ancora Holdings Calls for New Kohl’s CEO and Chairperson Following Rejected Acquisition Offers

Retail TouchPoints

Ancora cited Kohl’s repeated rejection of acquisition offers, including from Sycamore Partners and Acacia Research in February 2022 and Franchise Group in July 2022, as part of the need for new management. The activist investor expressed concern that Kohl’s will be unable to manage a true turnaround. Net sales fell 8.5%

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Why Every Retailer Needs Enterprise Resource Planning (ERP) Software?

RETAIL MANAGEMENT SOFTWARE

Enterprise Resource Planning (ERP) has become an inevitable requirement for the retail industry, regardless of the size of the business. These operations could be lengthy and complicated if done manually; however, ERP software provides quick, simple, and reliable management solutions needed to run businesses more efficiently.

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Retail Logistics: Boosting Efficiency and Productivity

Retail TouchPoints

Bringing the Bottom-Up Perspective into Focus CollaboMation strives to connect human workers with shop floor technology, creating a smooth interface that harnesses shop floor analytics and bridges any existing gaps that may disrupt operations. However, these solutions provide only a top-down perspective, missing the on-the-ground reality.

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Extended COVID-19 Crisis Could Force Tailored Brands Into Bankruptcy

Retail TouchPoints

However, the pandemic forced Tailored Brands to close all its shops and e-Commerce fulfillment centers in the U.S. million , and will make further efforts to manage its liquidity as stores reopen. The retailer posted a sales drop of 60.4% The retailer also reported a same-store sales increase of 2.4%. in February.

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Your Ultimate Business Startup Checklist

Small Biz Trends

READ MORE: How to Write a Business Plan. Create a Business Plan. Your business plan should include your business goals, a market analysis, and how you intend to launch and grow the business. You’ll need to have a financial plan in place that includes startup costs and operational expenses.

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Jason & Scot Show Episode 299 – Thanksgiving Week 2022 with Rob Garf of Salesforce

Retail Geek

Episode 299 is a discussion of Thanksgiving Week 2022 from a retail perspective with Rob Garf , Vice President and General Manager, Retail at Salesforce. Plan for the promotional calendar and by the first weekend they typically rip it up and call inaudible.