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Developing the Optimal Lifecycle for Successful Promotions

Retail TouchPoints

A unique opportunity: promotions. Yet according to POI , 69% of retailers believe the time required to create a promotional plan is “highly burdensome.”. The act of coordinating a promotion is not a siloed project. So how can retailers make the right pricing and promotion decisions to truly boost profits without wasting time?

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Publix Promotes Murphy to CEO Post; Jones Named Executive Chairman

Retail TouchPoints

Publix has promoted its current President, Kevin Murphy, to CEO, while SVP John Goff will take on the President role. He was named President in 2008, added the CEO title in 2016 and was named CEO in 2019. Current CEO Todd Jones has been named Executive Chairman, and all these changes will take effect on Jan.

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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. We’re doing specific campaigns and promotions for these groups, even though our products aren’t discounted often. RTP: You’ve gone through quite a journey from when you started the business in 2008.

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Sterling Jewelers settles 2008 sexual bias case

Retail Wire

Sterling Jewelers has agreed to pay $125 million to settle a sexual bias case that alleged the chain discriminated in pay and promotions against female retail sales workers. The settlement, which covers around 68,000 workers, was filed in 2008.

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Dollar General Brings Back Former CEO to ‘Restore Stability’

Retail TouchPoints

He joined Dollar General in 2008 as EVP, Division President and Chief Merchandising Officer, and was promoted to COO in 2013. The retailer has had a volatile year. On the downside, activist investors called for a worker safety audit of Dollar General in May 2023 , following OSHA violations carrying more than $1 million in fines.

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Dollar General CEO to Retire, COO Named as Successor

Retail TouchPoints

Vasos joined Dollar General in 2008 as the company’s EVP, Division President and CMO. Incoming CEO Owen’s promotion to the top role aligns with Dollar General’s reputation for promoting within. Current COO Jeffery Owen, a 30-year Dollar General veteran, has been named as Vasos’ successor.

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More Australians lose trust in supermarket pricing, ACCC says

Inside Retail

The Australian Competition and Consumer Commission’s (ACCC) interim report for supermarkets inquiry revealed that almost 50 per cent of consumers now ‘often’ or ‘always’ compare prices before shopping, a significant increase from 17 per cent found by the watchdog’s 2008 Grocery Inquiry.