Wiser

JULY 25, 2023

That’s why it’s so important for small business owners to understand how to promote their businesses effectively. Effective promotion not only creates awareness among potential customers but also helps to build a distinctive brand image, fostering long-term customer loyalty. What Is a Promotions Strategy?

Promotions 147

Promotions Advertising Marketing Planning 147

Retail TouchPoints

APRIL 11, 2022

Lowe’s has promoted Brandon Sink to EVP and CFO, effective April 30, 2022. His appointment reflects our succession planning process and the talent across our company. Sink, currently SVP of Retail Finance at the retailer, will replace Dave Denton, who is departing to pursue another opportunity.

Finance 288

Finance Promotions Accounting Returns 288

Wiser

JUNE 20, 2023

Promotions are a key component of any successful business strategy. Whether you’re launching a new product, trying to gain more customers, or simply looking to increase brand recognition and loyalty, effective promotions can help you reach your goals. Every brand and retailer is coming out with new promotions all of the time.

Promotions 148

Promotions Advertising Planning Marketing 148

Retail TouchPoints

SEPTEMBER 11, 2023

Rent the Runway has lowered its revenue expectations for 2023, now saying it plans to at least match 2022 revenues of $296.4 In fact, one reason for our reduction in revenue guidance for fiscal 2023 is our decision to prioritize more rapid progress on profitability by reducing promotions and therefore, subscriber acquisition.” “The

Planning 277

Planning Promotions Marketing Spend Marketing 277

Retail TouchPoints

AUGUST 27, 2020

Logility has rolled out the latest release of its Logility Price and Promotion solution, which uses machine learning to predict the impact of promotional activity on inventory.

Promotions 282

Promotions Location Planning Marketing 282

Inside Retail

DECEMBER 17, 2023

In addition, the company said it will use its Korean headquarters to promote tourism to Brisbane and Queensland. The post Brisbane Airport extends duty-free contract with Lotte, plans unique concept appeared first on Inside Retail Australia.

Planning 263

Planning Promotions ATS 263

Inside Retail

AUGUST 29, 2023

Incoming CEO Vlad Yakubson will start earlier than planned on October 9. Our key focus is on executing our strategic priorities, being disciplined on promotional activity and price point management to maximise gross margin dollars, controlling costs and delivering outstanding customer service to maximise sales conversion and basket size.”

Planning 242

Planning Accounting Promotions Consumer 242

Retail TouchPoints

JULY 10, 2023

URBN , the parent company of retailers including Urban Outfitters , Anthropologie and Free People , is partnering with enterprise AI software platform provider o9 Solutions to power its digital transformation journey with a next-generation merchandise planning solution.

Planning 214

Planning Promotions Marketing Consumer 214

Retail TouchPoints

AUGUST 26, 2022

Dollar General has promoted John Garratt to President and CFO, effective September 1, 2022. Brands in various positions of increasing responsibility in corporate strategy and financial planning. Garratt’s promotion follows a strong Q2 2022 performance for the retailer, with same-store sales up 4.6% and net sales up 9% to $9.4

Promotions 264

Promotions Finance Accounting Management 264

Mass Relators

MARCH 31, 2024

Dollar General has promoted 18 executives to new roles at the company. Leslie Allen Leslie Allen has been promoted to senior vice president, human resources. Christine Connolly Christine Connolly has been promoted to senior vice president, corporate secretary and assistant general counsel, securities and governance.

Promotions 52

Promotions Merchant Services Planning Beauty and Health 52

Retail TouchPoints

JANUARY 8, 2021

Starbucks has promoted Rachel Ruggeri, currently SVP of Finance, Americas, to EVP and CFO. During her tenure at Starbucks, Ruggeri has held a variety of finance positions including VP of Corporate Financial Planning and Analysis, VP of Finance in support of the U.S. Ruggeri will report to President and CEO Kevin Johnson. “It

Finance 260

Finance Promotions Planning ATS 260

Retail TouchPoints

OCTOBER 18, 2023

Two of Target ’s top executives — COO John Mulligan and Chief External Engagement Officer Laysha Ward — have announced plans to retire. Mulligan’s replacement has not yet been named, but Target said it will share succession plans prior to his official retirement in February 2025.

Planning 147

Planning Promotions Finance Fulfillment 147

Retail TouchPoints

JULY 20, 2020

In a planned leadership transition, Michael Witynski has been named CEO of Dollar Tree. In December, Witynski was promoted from President and COO to a newly created position of Enterprise President. Gary Philbin, the company’s CEO since September 2017, is retiring but will serve as a member of the board through September 23, 2020.

Promotions 247

Promotions Supermarket Customer Experience Planning 247

Wiser

JULY 25, 2023

That’s why it’s so important for business owners to understand how to promote their businesses effectively. Effective promotion not only creates awareness among potential customers but also helps to build a distinctive brand image, fostering long-term customer loyalty. What Is a Promotions Strategy? Here’s what you need to know.

Promotions 78

Promotions Advertising Marketing Planning 78

Retail TouchPoints

OCTOBER 12, 2022

In addition to this Southern California store, the retailer has new shops planned for Illinois, Rhode Island, Nevada, Iowa, Pennsylvania, Virginia, Massachusetts, Georgia, Florida and Puerto Rico. Forever 21 plans to celebrate each new store with a grand opening featuring special promotions, giveaways, gifts with purchase and food.

Location 306

Location Planning Fast Fashion Shopping 306

Retail TouchPoints

JUNE 16, 2021

Starbucks has made several leadership appointments, including promoting John Culver to Group President, North America and COO, effective June 28, 2021. The retailer also promoted Michael Conway to Group President, International and Channel Development. Additionally, Michelle Burns was promoted to EVP, Global Coffee, Tea and Cocoa. “As

Promotions 208

Promotions Planning Marketing Store Operations 208

Wiser

AUGUST 21, 2023

No matter how revolutionary your product or service may be, it’s the promotion strategy that can make or break its journey in the market. This is where strategic planning, product positioning, and creative marketing come into play. The product promotion process can seem daunting, of course.

Promotions 146

Promotions Advertising Consumer Marketing 146

Retail TouchPoints

MARCH 15, 2023

Five Below has promoted CFO and Treasurer Kenneth Bull to the role of Chief Operating Officer, where he will focus on achieving the company’s Triple Double growth goals by optimizing its talent, systems and processes. Bull also will retain the CFO title while the retailer conducts a search for a replacement.

Planning 278

Planning Finance Promotions Location 278

Retail Focus

JUNE 24, 2021

Lincolnshire-based commercial interior design and fit out firm APSS has promoted two long-serving staff members as lockdown eases and businesses reopen. Richard Mycroft has been promoted to Operations Manager. The post APSS promotes two team members appeared first on Retail Focus - Retail Design.

Promotions 162

Promotions Management Planning ATS 162

Inside Retail

JULY 4, 2021

Toys “R” Us has announced the appointment of chief operating officer, Lian Yu, who has been promoted from her previous position of general manager of the brand. I am excited to be playing a key role in the next phase of the company’s growth plans. According to Mittoni, Chill Factor made up 2.7 Additional reporting by Dean Blake.

Promotions 238

Promotions Management Planning Consumer 238

Retail TouchPoints

SEPTEMBER 18, 2023

She will succeed current President Jean-André Rougeot, who plans to retire in April 2024, at which time Patrick will become the CEO of Sephora North America — the beauty retailer’s first female CEO.

Promotions 264

Promotions Planning Management Store Operations 264

Retail TouchPoints

MAY 16, 2023

Peloton is planning to relaunch its brand as the struggling fitness company works to shed its old image, but the process will run alongside a new recall involving more than 2.1 million potentially faulty original Bikes. I think we have opportunities to improve all of those significantly,” he said on the investor call.

Planning 269

Planning Promotions Consumer Marketing 269

Retail TouchPoints

MARCH 4, 2022

Dollar Genera l has announced plans to create approximately 10,000 net new positions during fiscal 2022, a 6% increase of its total workforce. In addition to more stores, Dollar General plans to expand its DG Fresh distribution centers and its DG Private Fleet network. “We Dollar General’s fiscal year ends Feb. 30, 2026. .

Planning 278

Planning Promotions Location Shopping 278

Retail TouchPoints

OCTOBER 29, 2020

The retailer also plans to invest $250 million to improve the 450 stores that deliver 60% of the retailer’s revenue, and another $250 million for revamping its supply chain over the next three years. Promotional and Technological Revamps Planned. billion , by fiscal 2023.

Planning 266

Planning Promotions Returns Marketing 266

Retail TouchPoints

AUGUST 22, 2022

Walmart will expand employee abortion coverage and related travel expenses with its healthcare plans “when there is a health risk to the mother, rape or incest, ectopic pregnancy, miscarriage or lack of fetal viability,” according to an internal memo obtained by CNBC. Supreme Court decision overturning Roe v. Walmart employs approximately 1.6

Planning 241

Planning Promotions Location ATS 241

Retail TouchPoints

MARCH 15, 2022

Starbucks is expanding its commitment to become a more inclusive and accessible company with plans to operate 1,000 Starbucks Community Stores globally. It has increased recycling through its Partner Waste and Recycling App, and Starbucks also plans to expand its solar pilot locations to 55 new stores during 2022.

Promotions 263

Promotions Location Planning Marketing 263

Retail TouchPoints

JANUARY 15, 2024

Nvidia surveyed more than 400 retail professionals at all organizational levels and found that while AI adoption is still in its early stages, more than 60% of respondents are planning to boost their AI investments in the next 18 months. But many of these tasks may just represent the low-hanging AI fruit.

Loss Prevention 312

Loss Prevention Planning Customer Experience Inventory Management 312

Retail TouchPoints

MARCH 5, 2024

[Update from 3/6/2024] Over the next decade, Target plans to build more than 300 new stores and upgrade the vast majority of its brick-and-mortar fleet, with projects ranging from full remodels to adding Ulta Beauty locations, upgrading fixtures and supporting same-day services.

Planning 130

Planning Beauty and Health Payment Services Checkout 130

Retail TouchPoints

OCTOBER 14, 2020

Walmart will adapt to what is shaping up to be an extended holiday season by spreading out its Black Friday promotions across three events that will span most of November. The promotion will coincide with Walmart’s annual Tire Event, which runs Nov. The first Black Friday Deals for Days event will begin online Nov. in a statement. “By

Promotions 210

Promotions Apparel Management Planning 210

Retail TouchPoints

OCTOBER 6, 2023

The companies worked together on this new design to create a physical manifestation of the brand: “The store is about promoting discovery and encouraging engagement, achieved through a sequence of touch points that connects, inspires and encourages interaction,” said Kuhn.

Planning 264

Planning Promotions Location 264

Retail TouchPoints

MAY 31, 2022

In her blog post, Weiss also teased Glossier’s plan to return to NYC’s SoHo neighborhood with a brick-and-mortar store in early 2023.

Promotions 286

Promotions Returns Planning Consumer 286

Inside Retail

OCTOBER 28, 2023

Alongside this, they need a clear development plan before they start their new management role. So, when companies decide to promote someone to a managerial role, they must consider that person’s people skills just as much as their technical skills. So what should this training look like? Read the original article.

Promotions 130

Promotions ATS Management Planning 130

Wiser

JANUARY 19, 2018

Promotions in retail have gained a bad reputation lately, unless you’re looking at it from the consumer perspective, of course. In order to keep sales up, promotions are a necessary evil. You have deep knowledge of how your promotions did last year, but what about how your competitors performed? Timing is everything.

Promotions 83

Promotions Planning Shipping Marketing 83

Inside Retail

AUGUST 15, 2023

Temple & Webster also has plans to achieve $1 billion in annual sales within the next three to five years. The brand has also increased its promotional activity and marketing investment. It plans to increase its brand spend in the upcoming financial year. We’re not planning to do any mass cost reduction.

Planning 246

Planning Drop-Shipping Net Profit Returns 246

Retail Focus

NOVEMBER 29, 2023

The report found that the majority of Gen Z shoppers plan to spend more or the same on Christmas gifts compared to last year and that visiting stores during the festive period is a top priority. Despite being digital natives, 88% plan to visit a physical store during the Christmas shopping period.

Planning 173

Planning Checkout Shopping Consumer 173

Inside Retail

JULY 19, 2022

Premium home fragrance retailer Dusk Group plans to open new stores in Australia and New Zealand ahead of the Christmas trading period despite ongoing challenges. The post Dusk plans expansion ahead of Christmas appeared first on Inside Retail. In a trading update, the business says it expects total sales to finalise at around $138.3

Planning 130

Planning Promotions Management ATS 130

Retail TouchPoints

NOVEMBER 24, 2020

Footwear brand UGG has opened its first flagship store, on Fifth Avenue in New York City, the first in a planned fleet of flagship stores that will roll out globally in 2021 and beyond. The multi-level, 12,842-square-foot store will feature exclusive items and experiences not available at the retailer’s other stores.

Planning 294

Planning Promotions Shopping ATS 294