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Seven & I vs Couche-Tard: A high-stakes takeover and regulatory battle

Inside Retail

Seven & I Holdings, formed in 2005 through the merger of Ito-Yokado, Seven-Eleven Japan, and Dennys Japan, boasts more than 80,000 7-Eleven locations in 20 countries and regions. Acquiring Seven & I would expand its footprint, particularly in Asia, where the Japanese firm has a dominant presence.

Finance 263
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Sensing, Not Seeing, with Vision AI as Retail’s Crystal Ball for the Future

Retail TouchPoints

Since joining Sony Group Corporation in 2005, Yanagisawa has played an integral role in SSS’s business, overseeing the launch of Sony’s sensing device business and leading M&A and alliance deals. In his spare time, Yanagisawa enjoys playing golf, basketball and spending time with family.

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Myer sees elevated annual sales, but is cautious amid economic headwinds

Inside Retail

Department store chain Myer delivered its highest full-year sales since 2005 this year but remains cautious as consumer spending declines due to unfavourable economic conditions. per cent of total sales – and a 10 per cent increase in productivity gains at physical stores. .” Operating gross profit margin declined to 36.4

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Uniqlo’s 2024 Plans: 20+ New Stores in North America

Retail TouchPoints

Uniqlo will open more than 20 stores in the U.S. In May 2023 , Uniqlo, which opened its first North American location in 2005, revealed its plans to reach 200 North American locations by 2027. and Canada in 2024, including debuts in new markets for the fast fashion retailer. Tacoma Mall, Tacoma, Wash.

Planning 264
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Bankrupt Century 21, Citing $175 Million Insurance Nonpayment, Will Cease Operations

Retail TouchPoints

Raymond Gindi and his Co-CEO and brother IG Gindi, who have shared the top role since 2005, are the sons of Abraham “Al” Gindi, a Syrian Jewish immigrant who co-founded Century 21 in 1961 with his cousin Samuel “Sonny” Gindi.

Planning 306
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The Home Depot Promotes Insider to President and COO

Retail TouchPoints

As the company’s chief merchant, he has been responsible for all store and online merchandising departments, merchandising strategy, services and vendor management, marketing and in-store environment.

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People are Talking About RFID Again…Here’s Why

Retail TouchPoints

What’s old is new again, but this time around the focus is squarely on the value proposition for stores and consumers instead of the distribution centre (DC). You’ll likely recall the famous Walmart RFID mandate, announced in 2003 with an effective date of January of 2005.