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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.

ATS 264
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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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Olympia Sports Files for Bankruptcy, Plans to Close Remaining Stores by Sept. 30

Retail TouchPoints

At that time Olympia closed the approximately 75 stores that were not part of the acquisition. At its peak in 2012, the retailer operated 230 stores across the Northeast and Mid-Atlantic regions. The retailer plans to close its 35 remaining brick-and-mortar stores by Sept. 30, 2022, according to a filing with the U.S.

Planning 304
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Chico’s Appoints Company Veteran as New CFO

Retail TouchPoints

Current EVP – CFO Patrick Guido has resigned to accept a position at another company where he can be located closer to his family. Oliver has been with Chico’s since 2012 and served in multiple roles, including VP – Finance and Controller and Interim CFO and SVP – Controller. ”

Finance 263
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Starbucks and Bank of America Link Loyalty Programs to Provide Extra Perks

Retail TouchPoints

can link eligible accounts to earn 2% cash back from Bank of America (on top of the rewards and benefits they already earn on qualifying purchases) and one Star for every $2 spent at Starbucks. The millions of BoA cardholders and Starbucks Rewards members in the U.S.

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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