article thumbnail

Kmart reveals leadership transition as MD Ian Bailey retires

Inside Retail

Spaseska started her career at Wesfarmers as a business development analyst in April 2008. She has been appointed as deputy MD of Kmart, effective today and assuming the MD role on April 1. “Aleks brings deep knowledge of the Kmart and Target businesses together with strong commercial acumen.”

article thumbnail

Scarred by the 2008 Recession and COVID, 48% of Gen Z Frequently Shops at Discount Stores

Retail TouchPoints

That sense of unease is to be expected from a cohort shaped by both the 2008-2009 Great Recession and the COVID pandemic, and it’s had a big impact on their shopping choices: nearly half ( 48% ) say they shop the most often at discount/off-price retailers, and 25% frequently patronize dollar stores.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

As Gen Z Enters Prime Spending Years, Brands Sharpen Their Pitch

Retail TouchPoints

They’ve been shaped/scarred by not one but two global economic traumas — the Great Recession of 2008-2009 and the COVID pandemic — and they’ve grown up with social media playing an increasingly large (and loud) role in shaping culture, including how these consumers shop, research and purchase products and services.

article thumbnail

From Niche Product to Viral Sensation: How Bogg Bag Ventured into 1,800 Target Stores

Retail TouchPoints

However, this latest expansion has kickstarted a new growth trajectory for the business, which started in 2008. RTP: You’ve gone through quite a journey from when you started the business in 2008. There’s going to be a mixture of different colors, and we’re playing with some fun elements to speak to that crowd.

Wholesale 275
article thumbnail

Zara opens significantly upsized Liverpool ONE flagship, 
rounding off year of landmark signings

Retail Focus

The new 42,000 sq ft store is the latest example of brand investment in the destination, following a landmark year of signings that will make 2025 Liverpool ONEs biggest year for openings since it launched in 2008.

article thumbnail

US Retailer Holiday Hiring To Drop to Levels Last Seen in 2008

Retail Wire

US retailers are anticipated to hire the fewest seasonal workers for the upcoming holiday season since 2008 due to escalating labor expenses and uncertain consumer confidence, reveals a report by Challenger, Gray & Christmas.

Consumer 113
article thumbnail

Boeing Strike Continues; Updates and Predictions

Retail Wire

This marked the first strike at Boeing since 2008. The strike followed the rejection of a proposed four-year agreement between Boeing and the International Association of Machinists (IAM) union.

ATS 278