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Levi Strauss Cuts Annual Forecasts as Promotions, Wholesale Weakness Weigh

Retail Wire

The denim giant attributed the slump to extensive promotions and declining sales in its North American wholesale channels. Levi Strauss & Co has revised its annual forecasts downwards for the second time this year after falling short of third-quarter sales estimates.

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Trade Promotion vs Consumer Promotion: A Comparative Analysis

Wiser

Understanding the difference between trade promotion and consumer promotion is crucial for any business seeking to maximize its market impact and sales potential. These two promotional strategies, while aiming to stimulate demand and increase sales, target distinct audiences and employ different methods. What is Trade Promotion?

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Associated Wholesale Grocers Streamlines Member Access to Instacart Delivery and Smart Carts

Retail TouchPoints

Cooperative food wholesaler Associated Wholesale Grocers (AWG) , which serves independently owned supermarkets, has expanded its partnership with Instacart to offer ecommerce and same-day delivery solutions as well as smart cart technology to its member retailers.

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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. Delaney was promoted from EVP and Chief Commercial Officer to President in September 2019 , and took on the CEO role in February 2020. We are shocked and profoundly saddened by the passing of Lee Delaney,” said Christopher J.

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Top Promotional Wholesale Products for Trade Shows

Independent Retailer

Whether you call them promotional items, tchotchkes, or swag, handing out free products or giveaways can greatly attract and encourage attendees to enter your space. Make sure your staffers do not frivolously hand out promotional products to every passerby. They are also another affordable promotional product option.

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Lamps Plus Promotes COO to President

Retail TouchPoints

Lamps Plus has promoted COO Clark Linstone to the role of President, effective immediately. In addition to his current position, he manages Lamps Plus Hospitality, the retailer’s hotels and resorts trade business, and serves as President of Pacific Coast Lighting, a wholesale portable lighting company.

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Under Armour Will Exit up to 3,000 Wholesale Partnerships to Focus on DTC

Retail TouchPoints

Under Armour plans to overhaul its wholesale partnerships, exiting between 2,000 and 3,000 stores in North America, according to company executives on a recent earnings call. Brands are seeking more control over product distribution as well as more premium positioning with fewer promotions and discounts, thus creating better margins.

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