Retail TouchPoints

FEBRUARY 27, 2024

In the last several years, retailers have increased the speed with which they have built online and mobile app presence. With this evolution into digital sales and the increased use of data mining, retailers are facing unprecedented challenges in digital security.

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Inside Retail

FEBRUARY 4, 2024

Wholesaler Metcash disclosed it has signed three acquisition agreements cumulatively valued at around $558.5 “Metcash is the logical owner of Superior Food, and the acquisition cements our position as the largest wholesaler and distributor of food to independent businesses in Australia.” Metcash agreed to pay up to $412.3

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Retail TouchPoints

AUGUST 8, 2023

Save A Lot has relicensed its 18 remaining corporate-owned supermarkets, completing its strategy of shifting ownership and operations of all locations to independent licensed ownership. Our retail partners are closest to and best positioned to meet the needs of those customers. Save A Lot operates more than 800 stores in 32 states.

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Retail TouchPoints

AUGUST 4, 2023

The outdoor goods retailer also will add Dillard’s and Moosejaw to its key U.S. wholesale accounts, along with 10 independent specialty retailers in the southeastern U.S. We’re grateful to be in a position to expand our retail presence and build new wholesale relationships in order to serve more customers.”

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Retail TouchPoints

JANUARY 18, 2024

For DBG, which already has ecommerce and wholesale distribution for all of its brands, stores represent the missing piece of the puzzle. The company has signed a letter of intent to open its first retail store, which will be an outlet location, although details of where the store would be located were not shared. million annually.

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Inside Retail

DECEMBER 7, 2023

After nearly 30 years as a privately held business, pharmacy retail giant Chemist Warehouse is ready to list on the Australian Securities Exchange (ASX). A benefit of this strategy is the ability to bypass regulatory filings, or the funding to go public. Today, it has over 500 stores globally.

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Retail TouchPoints

SEPTEMBER 27, 2023

Ralph Lauren has opened its first store in Canada, part of a broader expansion strategy that will include additional brick-and-mortar locations in the country and a dedicated digital commerce operation. The English-language version of the site is slated to debut on Oct.

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Retail TouchPoints

SEPTEMBER 22, 2023

Retailers increasingly strike balances between direct-to-consumer ecommerce and omnichannel strategies to keep products in stores and in front of consumers. They invest in new storefronts and build strong wholesale relationships. Leading retailers recognize ecommerce and in-store retail are not rival strategies.

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Retail TouchPoints

DECEMBER 18, 2023

BJ’s Wholesale Club is replacing its legacy order management system with Nextuple OMS Studio, which includes three “Tuples” — each an ordered set of microservices that the retailer can mix and match to create solutions for flexible fulfillment.

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Retail TouchPoints

JUNE 6, 2023

The global brand development and marketing platform has named two companies to serve as Hunter’s retailing and licensing partners in key geographies. Marc Fisher Footwear will take on the Hunter brand’s footwear design, wholesale and ecommerce operations. Financial details of the purchase were not disclosed. In the U.S., In the U.S.,

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Inside Retail

NOVEMBER 12, 2023

Wholesale distribution company Metcash will fully acquire trade tool supplier Total Tools by the end of this month. Total Tools has 112 retail stores and is expected to open about 10 more stores a year for the foreseeable future. The post Metcash to take complete ownership of Total Tools appeared first on Inside Retail Australia.

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Inside Retail

SEPTEMBER 10, 2023

The company says physical retail expansion is its new business strategy and follows its decision earlier this year when it signed a deal with PacSun to stock its merchandise in-store and online. PacSun is our first wholesale partner, and we are thrilled to be working with them,” said Collis.

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Inside Retail

NOVEMBER 7, 2022

Wholesale beverage marketplace Kaddy is to restructure its consumer business into a pure-play B2B fulfilment service provider following a strategic review. Voorma added the new strategy aims to reduce complexity in the business and remove duplication and inefficiencies. The last consumer deliveries will be made by February 7.

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Retail TouchPoints

JANUARY 13, 2023

The creditors plan to take over Morphe’s wholesale operations, online platforms and international retail stores, subject to court approval. FORMA Brands plans to use the transaction to strengthen its financial position and help execute its long-term growth strategy, which includes a pivot toward wholesale and ecommerce operations.

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Retail TouchPoints

MAY 3, 2023

Continuing an ecommerce-focused growth strategy that launched when Francesca’s went private early in 2021, the retailer has purchased California-based wardrobe essentials brand Richer Poorer. The brand will continue its current efforts in wholesale and DTC channels this year with a full relaunch planned for 2024. million.

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Retail TouchPoints

NOVEMBER 13, 2023

However, the company also has achieved growth thanks to new awareness and sales channels such as: A blossoming Brooklinen for Business (B4B) strategy: The company has launched a new ecommerce destination that allows hotels, bed-and-breakfasts and other hospitality businesses to purchase Brooklinen products.

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Inside Retail

JANUARY 28, 2024

Making Tigerlily a stand-alone business, with feasible further growth potential and an emphasis on being a digital-first retail brand, were the key milestones Crescent wanted to achieve before listing and completing the sale of the business. billion acquisition of luxe beauty brand Aesop. What’s generating buzz from buyers?

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Inside Retail

MARCH 22, 2024

Net revenue of the Americas retail edged up 1 per cent to $245 million, while comparable sales decreased 1 per cent. The Americas wholesale sales rose 44 per cent to $49 million, and licensing increased 15 per cent to $28 million. Net revenues for the three months ended February 3 were US$891.1 million compared to $817.8 million. “Our

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Inside Retail

JUNE 6, 2023

Batra will be in charge of creating and developing Hunter’s footwear, clothes, and accessories, as well as running branded retail stores, wholesale distribution, and e-commerce in those territories. The post Authentic Brands buys outdoor lifestyle label Hunter appeared first on Inside Retail.

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Retail TouchPoints

JULY 13, 2022

Bulletin , a wholesale marketplace connecting over 3,000 independent brands with more than 26,000 retailers, has been acquired by Emerald Holding , the owner and organizer of NY NOW , the wholesale market for retail where brands, buyers and designers gather to connect and discover.

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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

MARCH 26, 2024

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. An Instacart shopper will then pick and deliver the order.

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Inside Retail

JULY 30, 2023

Despite anticipated headwinds in the domestic wholesale market, we successfully navigated the challenges and achieved record quarterly sales in addition to a new second-quarter earnings record,” added John Vandemore, CFO of Skechers. billion appeared first on Inside Retail. The company says it will achieve sales between US$1.95

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Retail TouchPoints

APRIL 29, 2022

BJ’s Wholesale Club is testing out a smaller store format called BJ’s market. BJ’s market will serve as an exciting new innovation lab for BJ’s Wholesale Club,” said Bill Werner, EVP, Strategy and Development at BJ’s Wholesale Club in a statement. “We The first 43,000 -square-foot concept store opened in Warwick, R.I.

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Inside Retail

SEPTEMBER 29, 2022

Woolworths Group has named Daniel Hake as the new MD of Big W operations and Von Ingram as head of the group’s non-food retail businesses including Big W, MyDeal, PetCulture and HealthyLife. Prior to this, he was GM of customer transformation and digital strategy for WooliesX and Woolworths Group. Daniel Hake. Image source: Supplied.

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Retail TouchPoints

FEBRUARY 17, 2023

In a recent interview with Retail TouchPoints , she shared key learnings from her career that ring especially true in today’s volatile marketing climate and offered takeaways from recent successes that can serve as inspiration for marketers looking for fresh perspectives on how to adjust their strategies.

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Retail TouchPoints

JUNE 27, 2023

She will lead the retailer’s global merchandising, sourcing and design strategy as well as the brand’s piercing business. Lima-Guinehut brings more than 20 years of omnichannel experience to the role.

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Retail TouchPoints

MARCH 25, 2024

The Retail TouchPoints team is reporting on all the news breaking before, during and after the Retail Innovation Conference & Expo , taking place June 4-6, 2024, at McCormick Place in Chicago. Are you ready to explore the evolved customer journey?

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Wiser

NOVEMBER 29, 2023

These two promotional strategies, while aiming to stimulate demand and increase sales, target distinct audiences and employ different methods. Trade promotions are directed toward the intermediaries involved in the distribution process, such as wholesalers, distributors, or retailers. What is Trade Promotion?

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Retail Gazette

MAY 1, 2024

The fashion retailer’s revenue dropped 4% compared to the previous year, for the year ended 30 March. Mulberry’s retail sales remained in line with last year, driven by growth across Europe and the US due to increased brand awareness and its direct to customer strategy. Total retail sales dipped 1.5%

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Inside Retail

FEBRUARY 26, 2023

Data breaches are becoming more prevalent these days, and the retail sector is definitely seeing its share of attacks. The retail and wholesale industry was the fifth-most targeted industry, accounting for 8.7% in 2021,” Luq Niazi, Global Managing Partner, Industries at IBM, told Inside Retail.

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Inside Retail

MARCH 20, 2023

Following its launch in Australia in 2016, Danish retail group Bestseller has firmly entrenched its presence in the retail market, with the company making strides in its sustainability and circularity initiatives. It] is regarded as one of the consistently top performing brands amongst our wholesale accounts,” Dahl-Thorup said.

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Retail Gazette

MAY 14, 2024

The luxury fashion retailer said its like-for-like sales fell 12% in the final quarter, wiping out gains made earlier in the year. “We remain confident in our strategy to realise Burberry’s potential as the Modern British Luxury brand and in our ability to successfully navigate this period.”

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Retail TouchPoints

SEPTEMBER 9, 2022

Instacart has acquired Rosie , an ecommerce platform serving local and independent grocers, wholesalers and retailers, as Instacart seeks to build on its commitment to smaller businesses in addition to expanding its digital offerings. . Rosie’s tools help grocers develop a strong online presence and guide consumers to local stores.

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Retail TouchPoints

MARCH 13, 2024

If the Federal Trade Commission allows this acquisition to take place, Purple will retain its existing relationship with Mattress Firm (which is its largest wholesale retail partner ) for a minimum of 12 months. Initially, Purple only planned to commit to the partnership for a two-month period.

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Inside Retail

APRIL 30, 2023

Here, Davies chats to Inside Retail about the goals and objectives behind Superdry’s seventh store opening in Australia – in Doncaster’s Westfield shopping centre – and how Replay Jeans is getting off the ground with a partnership with Melbourne Victory. Replay Jeans has a local wholesale and e-commerce business, and we’re looking to expand.

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Retail TouchPoints

DECEMBER 20, 2023

The Retail Remix podcast was developed to feature the founders, executives and practitioners shaping retail’s future. The top five episodes of 2023 reaffirm some of the most trending topics we covered on Retail TouchPoints over the past year, illustrating how rapidly the industry (and the customer experience) have evolved.

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