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Dollar General Promotes New President and CFO Following Strong Quarter

Retail TouchPoints

Dollar General has promoted John Garratt to President and CFO, effective September 1, 2022. From 2004 to 2014 he served at Yum! Garratt’s promotion follows a strong Q2 2022 performance for the retailer, with same-store sales up 4.6% said Jeff Owen, COO at Dollar General in a statement. and net sales up 9% to $9.4

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Nike Promotes New Heads for North America and APLA Geographies

Retail TouchPoints

Sarah and Amy are two dynamic leaders, bringing deep experience and expertise to these important roles,” said Heidi O’Neill, President, Consumer and Marketplace in a statement. Prior to joining Nike, she worked for Gap , Mervyn’s and Walmart.

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The Olympic opportunity: How brands can sustain their momentum beyond the Games

Inside Retail

This article delves into the psychological effects of the Olympics, explores how they influence consumer behaviour and provides insights into what retailers can do to capture and extend the positive sentiments the 2024 Olympic Games in Paris will generate. Let’s break some of them down and look at a few examples more closely.

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Five lessons business leaders can take from the recent wave of retail collapses

Inside Retail

The cost-of-living crisis and decreased discretionary consumer spending continue to wreak havoc on established retail businesses, as evidenced by the collapse of several Australian retailers in recent months, including Booktopia, Tigerlily, Nique, Dion Lee and Godfreys.

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NRF: Consumers to spend more for Valentine’s Day

Mass Relators

WASHINGTON – Consumers are expected to spend $25.9 This year, as consumers embrace spending on friends and loved ones, retailers are ready to help customers celebrate Valentine’s Day with memorable gifts at affordable prices.” More than half (52%) of consumers plan to celebrate and will spend an average of $192.80.

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Macy’s Names Permanent CFO

Retail TouchPoints

Williams, who joined Macy’s in 2004, will play a key role in identifying, developing and promoting scalable and sustainable policies, and corporate best practices to address systemic racism and social injustice.

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Booktopia may have collapsed, but here’s why bookshops are not endangered

Inside Retail

Founded in 2004, the company grew quickly , from turning over $2000 in the first month, to $30,000 in the fourth. It has been the target of allegations of misleading advertising , with titles promoted as “in stock” taking several weeks to be delivered, and occasionally arriving damaged.