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Bed Bath & Beyond Promotes Two Executives to Top Finance Positions

Retail TouchPoints

Crossen, who has been with the retailer since 2001, will lead the team responsible for executing global accounting operations, financial reporting and tax functions, and will continue to report to EVP and CFO Gustavo Arnal. Both appointments are effective immediately.

Finance 317
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Asda chair admits supermarket’s problems are ‘self-inflicted’

Retail Gazette

Leighton, who stepped down as chief executive in 2001, told The Times that the retailers previous stewardship under the Issa brothers had ripped the heart out of the colleagues when the business cut back on staffing hours to cut costs. We have now got a plan, everybody understands what it is were trying to do, he said.

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Lendlease sells Caneland Central in Mackay for $280 million

Inside Retail

Caneland Central, the region’s largest shopping centre at 65,964sqm, is anchored by Myer, Coles, Woolworths, Target, and Big W, and home to a variety of mini-majors and businesses. Caneland Central has been owned and operated by APPF Retail since 2001. The sale was handled by JLL’s Nick Willis and Sam Hatcher. million.

Shopping 264
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Runway launches Vhernier, bringing Milanese elegance to Vietnam 

Inside Retail

As Vhernier is from Milan, the boutique showcases pure Milanese elegance through its minimalist shapes and soft colour palette, accented with touches of coral and eggshell, Marta Moruzzi, collection merchandising manager and international development at Vhernier, told Inside Retail.

Jewelry 130
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M&S Doubles Down on C-Store Strategy with Plans for 10 Locations, 50 Remodels

Retail TouchPoints

British multi-category retailer Marks & Spencer plans to open at least 10 new convenience stores in conjunction with its franchise partners and refresh up to 50 existing c-stores this year as it looks to grow its £1 billion ( $1.3 billion ) convenience business.

Location 260
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A look at Sanity’s final days: What happens when a retailer says goodbye?

Inside Retail

Itaoui – who joined Sanity as an area manager in 2001, according to the Australian Financial Review – acknowledged that the business was unable to survive the diminishing availability of physical content, as well as a shift in demand toward digital content among consumers. appeared first on Inside Retail.

ATS 245
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Some retailers are turning to air freight to offer a competitive edge

Inside Retail

Marcus Ng, regional head of air freight, Asia Pacific, at AP MllerMaersk, notes that the Sea-Air option where some products are shipped rapidly by air and others less quickly by ocean has been particularly attractive to some lifestyle apparel retailing customers. In many cases, they are mixing air and sea freight solutions.

Shipping 147