Inside Retail

DECEMBER 6, 2023

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. Average store size is a little over 5,300 square meters.

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Retail TouchPoints

APRIL 20, 2021

BJ’s Wholesale Club has appointed Bob Eddy as the company’s new President and CEO. Bob’s leadership, strategic vision and deep knowledge of the business have been pivotal in driving BJ’s Wholesale Club’s transformation and record growth across all key metrics,” said Christopher J. Eddy also will join BJ’s Board of Directors.

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Retail TouchPoints

JULY 26, 2021

If you’re a wholesale retailer or brand owner and you haven’t already launched a direct-to-consumer sales channel, you’d better be thinking about it. The global pandemic not only accelerated the growth in ecommerce, it highlighted the shortcomings of wholesale-only sales channels. Digital Marketing. to visit your website.

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Inside Retail

JUNE 12, 2023

Renowned Australian footwear business Munro Footwear Group (MFG) recently acquired the popular but beleaguered New Zealand kids’ footwear brand Bobux, as part of a plan to consolidate its presence in the children’s market. The long-term plan is still being finalised,” he said. The initial focus is on stabilisation.

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Retail TouchPoints

MAY 20, 2022

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. The key in the end was to ensure that Natori.com wasn’t really competing with the brand’s wholesale partners.

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Retail TouchPoints

MARCH 23, 2022

Nike is pushing forward with its digitally focused direct-to-consumer strategy following a strong Q3, with plans to build “the marketplace of the future” and bring standalone Jordan stores to North America. The brand’s overall digital sales also increased 19% globally, while wholesale revenues were down by 1%.

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Retail TouchPoints

JUNE 2, 2022

To hit the $10 billion mark in the next five years, the company plans to increase DTC revenues from their current 36% of the total to 55%. as well as plans to triple the ecommerce business. This shift to a DTC-first mentality doesn’t mean the end of Levi’s wholesale relationships, however. billion this year.

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Inside Retail

JULY 18, 2023

The rebranding is part of a $370 million, three-year transformation plan for the company which will see older stores revamped and an upgraded customer loyalty program. The post Woolworths plans $370 million rebrand, upgrade of its NZ store network appeared first on Inside Retail.

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Inside Retail

FEBRUARY 11, 2024

During her time at Lululemon, which spanned 13 years from 2012 to 2020, Shaughnessy led over 40 stores and oversaw the brand’s national wholesale and community presence in ANZ. LSKD was recently named ‘Business of the Year’ in the 2024 Telstra Best of Business Awards. It also took home the award for outstanding growth.

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Inside Retail

NOVEMBER 8, 2023

EOIs aren’t done deals, but the calls I’ve received have ranged from regular customers who genuinely love the business and want to be a part of it, to wholesale investors and growth funds who are looking at Belles from a commercial perspective,” Jenner-Leuthart said. “We Beyond this, Belles has set its sights on international markets.

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Retail TouchPoints

MARCH 24, 2021

B2B wholesale marketplace Faire is expanding into Europe with launches in the UK and the Netherlands, with plans to add additional European markets in the coming months. As part of Faire’s international expansion the company also plans to open an office in London.

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365 Retail

APRIL 4, 2024

Embracing an omnichannel approach which allows for a positive customer journey is increasingly being adopted by distributors and wholesalers, who are moving to utilise interim retail resource to create competitive advantage. Supply chain, demand planning and inventory are specialisms many retailers have mastered well.

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Inside Retail

JULY 19, 2023

After winding up the label, she identified an opportunity to combine her passion for fashion and design with her experience in wholesale, and working with corporate and hospitality clients. Its new partnership with Glow Capital Partners is set to further accelerate its growth into new markets. I think aprons were primed for disruption.”

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Independent Retailer

JANUARY 17, 2023

The wholesale product manufacturer creates, packages, and ships the product out to your customer for you, making this a low maintenance business model. In the current web-based world of retail and wholesale, dropshipping makes a lot of sense. Begin Marketing Your Dropshipping Business. What is Dropshipping?

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Wholesale Merchant Services Drop-Shipping Payment Services 76

Inside Retail

MARCH 14, 2024

Two-and-a-half years post-initial public offering (IPO), the company’s market capitalisation had diminished to about US$116 million in after-hours trading on March 12, and it had less than US$130 million in cash on its balance sheet. The post Can Allbirds make a comeback with a new CEO and transformation plan?

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Inside Retail

APRIL 8, 2021

Dutch fashion retailer Scotch & Soda is accelerating its global expansion plans with a total of 15 new brick-and-mortar stores and 12 shop-in-shops opening worldwide over the next six months. IR: How are you planning to grow the brand in Asia Pacific?

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Retail TouchPoints

APRIL 22, 2024

billion merger, Kroger and Albertsons have increased the number of supermarkets they plan to divest by 166 , for a total of 579 stores. The retailers also have increased the corporate and office infrastructure they would sell to C&S Wholesale Grocers , as well as additional private label product lines, for a total of approximately $2.9

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Grocer Wholesale Supermarket Planning 214

Retail TouchPoints

APRIL 26, 2024

Known widely as one of the first subscription boxes to make a splash in the retail market, BarkBox has become just one piece of a much larger organization. RTP: How are you balancing your marketing and advertising to drive traffic not just to your owned ecommerce platform but also to your wholesale retail partners like Target?

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Retail TouchPoints

OCTOBER 25, 2021

BJ’s Wholesale Club has appointed Rachael Vegas as EVP, Chief Merchandise Officer (CMO). Vegas will be responsible for the strategic leadership of the company’s merchandising and assortment planning and allocation functions and will report to Paul Cichocki, EVP, Chief Commercial Officer.

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Wholesale Payment Services Planning Marketing 147

Retail TouchPoints

JUNE 17, 2022

B2B brand discovery platform Product Guru is bringing its online service — which connects brands and retailers — to the real world, with plans for a series of temporary concept stores in London. The stores will be open for six days and merchandised like a retail store, but will only be open to retail insiders. “As

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Planning Beauty and Health Wholesale Marketing 255

Independent Retailer

OCTOBER 28, 2022

When you first start your wholesale business, it can be tricky to find the right price to sell your merchandise. Wholesale Price vs. Retail Price. In order to establish the right prices for your products, it is important to understand the difference between wholesale and retail pricing. What is the wholesale price?

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Inside Retail

MARCH 26, 2024

Pedal Group owns two separate businesses in the bicycle industry, 99 Bikes, a direct-to-consumer (DTC) retail operation, and Advance Traders, a bicycle wholesale business that the group acquired in July 2008. “At Australia is the strongest market for the business. We think of it as an extension of our store network,” Garnsworthy added.

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Independent Retailer

JULY 14, 2022

If you are looking to take the plunge into wholesale, here is everything you need to know in order to find the best merchandise to sell online: What is a Wholesale Business? First, you need to understand what it means to sell wholesale. With wholesale, merchandise is moved in a short period of time.

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Wholesale Shipping Marketing Department Stores 67

Retail TouchPoints

JANUARY 9, 2024

Steep Marketing Spend, without Results News of Merris’s departure came as Solo Brands lowered its financial guidance for the 2023 fiscal year: revenue is now expected to be between $490 million and $500 million , which is a modest drop from the company’s previous guidance of between $520 million and $540 million.

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Inside Retail

SEPTEMBER 5, 2022

Our focus has been to get our product and marketing strategies right with superior fits and top-tier campaigns,” Santamaria said. Excitingly we’ve seen double-digit growth across our retail, wholesale and online channels.”. Closer to home, Seafolly has big plans for the upcoming Australian summer, its busiest trading period. “We

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Independent Retailer

DECEMBER 23, 2022

Wholesale inventory bloat, combined with a softening demand in the economy, is taking its toll on cash flow and earnings at retailers. . ” Here are 7 tips for retailers on how to better manage their wholesale inventory and get rid of some of that product bloat: Return for a Refund or Credit. Retailers were sitting on $739.5

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Retail TouchPoints

MARCH 13, 2024

have established new partnership parameters amid Tempur Sealy’s planned acquisition of Mattress Firm. Tempur Sealy initially announced its plans to acquire Mattress Firm in May 2023 for $4 billion in a cash and stock transaction. Initially, Purple only planned to commit to the partnership for a two-month period.

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Retail TouchPoints

MARCH 11, 2021

At the same time Adidas reported currency-neutral sales growth of 1% in Q4 2020, following declines across markets earlier in the year as a result of the pandemic. Nonetheless, Adidas is optimistic, citing the recovery seen in Q4 2020, its strong market position and attractive growth prospects for the sporting goods industry as a whole.

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Independent Retailer

NOVEMBER 30, 2022

That being said, if a company’s expansion efforts are not managed properly, global marketing success will be unattainable. . While all of these new opportunities sound exciting, entering a new market unprepared can be a massive drain on resources with little to no return. You have a plan for growth. You are running out of space.

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Retail TouchPoints

JULY 29, 2020

Burton’s business has changed over the years, from almost exclusively wholesale to a 75%/25% mix of wholesale and DTC, but its systems hadn’t changed with it, explained Josee Larocque, Burton’s SVP of DTC and Digital Transformation in an interview with Retail TouchPoints. We began the journey by getting our heads around the data.”.

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Retail Focus

AUGUST 23, 2022

Primark is partnering with the Vintage Wholesale Company, an independent vintage clothing business, to open two new concessions in its flagship Birmingham and Manchester stores, under the brand WornWell by the Vintage Wholesale Company. . Riccardo Seaton, Director of WornWell by the Vintage Wholesale Company : . “We

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Retail TouchPoints

NOVEMBER 3, 2021

The brand is working to “make sure we are in tune with local markets and the operating dynamics that we’re working with today,” according to CFO Jane Nielsen. Success for the brand’s own retail operations may be leading Ralph Lauren to shift some of its attention away from its wholesale business. Revenue grew 26% to $1.5

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Inside Retail

DECEMBER 7, 2023

In the case of Chemist Warehouse, the acquisition would position it as a superpower in the Australian pharmaceutical market, dominating the wholesale and retail markets through vertical acquisitions across the value chain. They sold Australis in September 1991 to the Smorgon Family.

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Retail TouchPoints

AUGUST 2, 2023

DTC is still very much alive and well, but digital-first companies are having to adapt to a new normal where competition is fiercer, financial pressure is ever-present and the marketing tactics that used to work so well are no longer cost-efficient. What that does is it allows you to put that money back into marketing and grow the business.”

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Small Biz Trends

DECEMBER 2, 2022

Before you jump right into business ownership, you need a plan. Since December is National Write a Business Plan Month, it’s the perfect opportunity to determine the steps and strategies needed to propel your ideas forward. How to Write a Business Plan. Business plans in different industries tend to vary in their contents.

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Retail TouchPoints

AUGUST 3, 2021

The acquisition of Sweaty Betty complements our strategic shift over the last several years from a traditional footwear wholesaler into a consumer-obsessed, digital-focused growth company. with plans to reach more than 95 locations by the end of 2021. Krueger, Chairman and CEO of Wolverine in a statement.

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Inside Retail

MAY 25, 2023

James Chan, head of marketing for Reebok Pacific (Australia and New Zealand) chats with Inside Retail about the brand’s partnership with Brand Collective, how Reebok is aiming to be the fastest-growing sports brand in the world, and how he continues to push the envelope within in his profession. The opportunities are endless.

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