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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. A case management hearing on 7 February 2024 was adjourned. Dr Sam Prince, the founder of restaurant chain Zambrero, is suing former CEO Stuart Cook for misleading or deceptive conduct.

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. A case management hearing on 7 February 2024 was adjourned. Dr Sam Prince, the founder of restaurant chain Zambrero, is suing former CEO Stuart Cook for misleading or deceptive conduct.

Finance 259
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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.

Fashion 264
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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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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. Grosvenor owns 23% of Liverpool ONE via the Grosvenor Liverpool Fund, and also manages the destination on behalf of all investors. Since opening in 2008, the 1.65

Finance 183
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Estée Lauder to Acquire TOM FORD in $2.8B Deal

Retail TouchPoints

Existing TOM FORD partners Ermenegildo Zegna Group , which produces the brand’s fashion, and Marcolin S.p.A , which manages its eyewear, will enter long-term license agreements with ELC. The transaction is expected to close during the first half of 2023. Zegna also will hold the license for TOM FORD accessories and underwear. .

Fashion 216