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Shoppers see sharpest price rises since 2012 as cost of living crisis bites

365 Retail

in January, the highest rate since 2012. Mike Watkins, head of retailer and business insight at NielsenIQ, said: “The surge in energy and travel costs is now impacting disposable incomes and is likely to dent consumer’s willingness to spend. in December, to 1.5% Food inflation rose from 2.4% in December to 2.7%

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Kering names new CEOs for Saint Laurent, Balenciaga

Inside Retail

Charbit joined Kering in 2012 as product strategy director of Saint Laurent and became CEO of Balenciaga in 2016. He previously held leadership roles at Emilio Pucci and Printemps. Prior to that, he worked as CEO at Maison Margiela, global retail director at Givenchy, and associate commercial COO at Prada.

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Piccolo Me appoints new group GM

Inside Retail

He has held senior key roles at McDonald’s Australia, Pizza Hut, Gloria Jeans Coffees, Telstra, Pirtek, Aramex, and Anytime Fitness. Most recently Ciantar was a senior executive at consultancy firm Franchise Ready. Brothers Charlie Hachem and Roy El Hachem founded the Piccolo brand in 2012.

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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.

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Luxury Veteran Named Michael Kors CEO, Preps to Move into Top Spot at Parent Company Capri in 2022

Retail TouchPoints

Prior to his tenure at Coach, Schulman was President of Bergdorf Goodman at Neiman Marcus Group from 2012 to 2017, where he also assumed responsibility for NMG International with the acquisition of MyTheresa.com in 2014.

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200 Degrees announces new Yorkshire store at Junction 32 Shopping Outlet

Retail Times

Speciality coffee roaster, 200 Degrees, has announced that it will be opening a brand-new coffee shop this December, located at Junction 32 Shopping Outlet, Castleford, West Yorkshire. The Castleford launch will mark 200 Degrees’ 22nd site across the UK & its 6th in Yorkshire, since opening its first location in Nottingham in 2012.

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FreshDirect Picks 6 ‘Rising’ Companies for New Local Supplier Initiative

Retail TouchPoints

“Many customers value local products and knowing the origin stories behind where and how their food is made,” said Loan Heilner, Senior Associate Category Manager at FreshDirect in a statement. “We