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Store Management Costs in the Era of Ecommerce

Retail TouchPoints

The impact of this increasing growth is the resulting strain on incumbent infrastructure that was originally designed to manage only about 5% of a retailer’s total sales capacity; the steady rise in costs from stretching this capacity have shown home delivery, buy online, pick up in-store (BOPIS) and curbside fulfilment to be highly unprofitable.

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Zambrero founder sues former CEO

Inside Retail

A former medical student turned entrepreneur, Prince founded Zambrero in 2005 and brought Cook on board four years later. The company is seeking an injunction to have Stuart and Samantha Cook “permanently restrained” from making statements about his role at Zambrero. A case management hearing on 7 February 2024 was adjourned.

Finance 263
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Zambrero founder sues former CEO

Inside Retail

A former medical student turned entrepreneur, Prince founded Zambrero in 2005 and brought Cook on board four years later. The company is seeking an injunction to have Stuart and Samantha Cook “permanently restrained” from making statements about his role at Zambrero. A case management hearing on 7 February 2024 was adjourned.

Finance 259
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Visa, Mastercard Settlement Represents Major Victory in Merchants’ Fight Against Swipe Fees

Retail TouchPoints

history, according to Reuters , and if it receives court approval it would resolve most of the ongoing claims against Visa and Mastercard, which began in 2005. Additionally, the settlement provides funding for new programs to educate small businesses about payment acceptance options and how to best manage costs.

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Burberry Appoints New Chief Creative Officer as Tisci Departs

Retail TouchPoints

Lee will replace former creative chief Riccardo Tisci , who was appointed to the role in March 2018 following his career with Givenchy from 2005 to 2017. As the London-headquartered brand’s Chief Creative Officer, Lee will manage all Burberry collections. No successor for Brown has been announced.

Fashion 271
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Helena heads off: H&M names new CEO

Inside Retail

The 42-year-old executive has served at H&M Group for 18 years and most recently held the head of H&M. Ervér started as a summer trainee in 2005 and became a controller the following year. Further reading: H&M names new ANZ country manager, opens refurbished Sydney flagship.

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Grosvenor appoints new Liverpool ONE lead

Retail Focus

Chris joined Grosvenor in 2005 and has held various finance positions in Grosvenor Property UK and the broader Grosvenor business. Involved with Liverpool ONE throughout her time at Grosvenor, Alison most recently successfully led the destination through the pandemic and its significant bounce back. Since opening in 2008, the 1.65

Finance 182