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Target Names New COO, Divvies Up Merchandising Responsibilities

Retail TouchPoints

Current COO John Mulligan announced his retirement plans in October 2023. As COO, Fiddelke will oversee Target’s nearly 2,000 stores, its global supply chain network, fulfillment services, network capacity planning, enterprise operations and the teams responsible for building and remodeling Target stores and facilities.

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People are Talking About RFID Again…Here’s Why

Retail TouchPoints

You’ll likely recall the famous Walmart RFID mandate, announced in 2003 with an effective date of January of 2005. Most large enterprises were already running warehouse management systems that delivered inventory accuracy in excess of 99% (in comparison to stores, which typically ranged between 65%-85%). Let’s start with the costs.

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Office Upsizes to New Northern Flagship at Trafford Centre

365 Retail

The store’s design includes an open-plan layout aimed at enhancing the shopping experience with an easy-to-navigate, premium fit-out, offering deeper allocations of in-demand collections.

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From Supply Chains to Fitting Rooms, RFID Demonstrates its Retail Versatility

Retail TouchPoints

RFID technology is far from new; in fact, it’s already been through not one but multiple hype cycles, including the jumpstart provided by Walmart in 2003 when it mandated RFID tagging by its top 100 U.S. suppliers (and continuing to today ).

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Target Names First Chief Growth Officer, Announces Series of C-Level Promotions

Retail TouchPoints

Hennington joined Target in 2003, and was instrumental in modernizing the retailer’s merchandising organization by blending its physical and digital buying functions. After 15 years with the company, Stephanie Lundquist, Target’s former president of food and beverage, announced her plans to depart the organization earlier this year.

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Prada hires former Luxottica chief Andrea Guerra as new CEO

Inside Retail

Reuters reported last week that the fashion group was set to hire Guerra in a top management role to ease the succession path of the Hong Kong-listed group founded in Milan in 1913 as a leather goods shop by designer Miuccia Prada’s grandfather and his brother.

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Central Group leads Selfridges buyout in US$5 billion deal

Inside Retail

The Canadian wing of the billionaire Weston family bought Selfridges for nearly 600 million pounds in 2003. The source said they plan to increase sales to 8 billion euros ($9.1 With Selfridges, they hope to build a luxury department store empire, complemented by an online business.