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Vitamin Shoppe CEO Sharon Leite Went Undercover in Her Stores. Here’s What She Learned.

Retail TouchPoints

It’s been a while since she’s been on the front lines though — not since the late ‘80s to be exact, when she was a manager at Express. To the employees she worked with while undercover she was Marie, a former gift shop manager from Ohio whose quest for a new start was being recorded for a documentary.

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How to Revitalize Seasonal Businesses to Stay Open All Year

Retail TouchPoints

Cash flow management can be one of the most significant issues for seasonal businesses. Managing this requires keen budgeting skills and pre-planning, which can cause stress for seasonal business owners. Workforce management also can be a key component to expanding into year-round operations.

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In Push for a Turnaround at Kohl’s, Investor Group Nominates Nine Board Directors

Retail TouchPoints

Macellum Advisors GP , Ancora Holdings , Legion Partners Asset Management and 4010 Capital, together with their respective affiliates, are pushing the plan. From 2010 to 2019, Kohl’s top five executives have increased their total compensation from $20 million to $30 million , according to the investor group.

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Digital Transformation Propels Burton’s Omnichannel Growth Plans

Retail TouchPoints

With a new retail management solution in place, Burton will now be able to: Deploy mobile POS (mPOS) devices in its stores; Provide store associates with improved visibility into customer, product and inventory data ; and Gain a unified view of its e-Commerce and brick-and-mortar operations at both the store and headquarters levels.

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How the Packaging Industry Can Help Tackle Confectionery’s Big Waste Problem

Retail TouchPoints

Valentine’s Day saw consumers projected to spend an average of $16 on chocolates and candy — up from under $9 per person in 2010 — while Halloween candy sales reached a record $3.1 Lowering Excess Optimizing inventory management can reduce a business’ production costs over time if more focus is given to efficient packaging design.

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How Castlery came back from the brink to disrupt the furniture industry

Inside Retail

One of the biggest problems in the furniture industry is inventory, so this allows our close partners to work with us, so we get better inventory management. If you think about it, most furniture brands that started in 2010 to 2013 actually went bankrupt. So if my team over- or under-orders, they can see.

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Reshoring: COVID-19’s Impact On The Supply Chain

Retail TouchPoints

According to the Reshoring Initiative , factors like lower transportation costs and quicker inventory turns can offset higher labor costs to make reshoring less expensive overall. Between 2010 and 2018, 749,000 jobs were brought back to the U.S. Businesses are taking notice. across 2,900-plus companies as a result of reshoring.