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Why Stitch Fix is Focusing on its Human Stylists When Everyone Else is Talking About AI

Retail TouchPoints

While Stitch Fixs human-centered approach to AI hasnt changed since it was founded in 2011, the world around the company has changed dramatically. Stitch Fix Transformation: Making the Exchange More Two-Way Its a good model; in fact, when Stitch Fix first came on the scene in 2011 it felt revolutionary.

Returns 279
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Poshmark to exit Australia to focus on core markets

Inside Retail

The company said on its website that it plans to increase investment and “drive meaningful growth” in its core markets – the US and Canada. The Posh Credit for these markets will expire after October 25, while unshipped orders will be automatically cancelled on October 28. million monthly active users on its phone apps.

Marketing 263
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Behind Eggslut’s fall in Asia: The harsh reality of the F&B market 

Inside Retail

This level of excitement is not uncommon for international F&B brands entering markets like Singapore and Hong Kong, where media hype and consumer curiosity often drive long lines. Founded in Los Angeles in 2011 by chef Alvin Cailan and his cousin Jeff Vales, the chain currently operates 12 locations globally. What went wrong?

Marketing 130
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From Flagships to Rollouts: Bringing New Luxury Retail Concepts to Market

Retail TouchPoints

This is as true for new brands as it is for well-established ones: there are substantial benefits to a collaborative approach in which marketing and design teams work hand-in-glove to develop and roll out new brick-and-mortar retail concepts. Start by securing the hard-to-find products, materials and finishes in large quantities.

Marketing 260
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Søstrene Grene invests in European logistics hub to support UK expansion

A1 Retail

With 24 UK stores opened this year, bringing the total to 45, and plans to reach 100 by 2030, the Venlo DC will play a vital role in meeting growing demand. Group CEO and Co-owner Mikkel Grene commented, “The UK is one of our most exciting markets, with customers appreciating our unique blend of Scandinavian design and affordability.

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BJ’s Wholesale Club Names Interim Leader President and CEO

Retail TouchPoints

Eddy joined BJ’s in 2007 and assumed the role of EVP and CFO in 2011. Eddy also will join BJ’s Board of Directors. Laura Felice — currently SVP and Controller — has been appointed to replace Eddy as CFO. In 2018, he added Chief Administrative Officer to his title.

Wholesale 241
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Stylitics Raises $80M for its AI-Powered Visual Merchandising Platform

Retail TouchPoints

The new investment from PSG brings the total amount Stylitics has raised since it was founded in 2011 to $101 million. The solution is currently used by more than 100 major retailers in six global markets including Express , Puma , Chico’s FAS and Williams-Sonoma.