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Wonder Buys Media Company Tastemade for $90 Million

Retail TouchPoints

Walmart in February 2024 , and in March 2024 Wonder raised $700 million and announced plans to operate 90 physical locations by the end of 2025. This latest deal will provide Wonder with a content studio that has been producing both short- and long-form food and cooking videos since 2012.

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How Parachute’s consistent marketing and quality designs won over millennials

Inside Retail

While helping her friends decorate their first apartments in New York back in 2012, Kaye began to explore the different home goods brands that were out there and saw that there was a much left to be desired design-wise. In addition to thriving DTC operations, there are now 26 physical Parachute stores located across the US.

Marketing 244
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Olympia Sports Files for Bankruptcy, Plans to Close Remaining Stores by Sept. 30

Retail TouchPoints

In that same month, Olympia decided to liquidate 22 of its stores, and in July 2022 the company made the decision to close the rest of its locations. At its peak in 2012, the retailer operated 230 stores across the Northeast and Mid-Atlantic regions.

Planning 304
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Homegrown Manchester café and bakery Blanchflower comes to Trafford Centre

A1 Retail

Trafford Centre is thrilled to announce that local independent brand Blanchflower will open a new caf focusing on coffee and baked goods, next February in a 400 sq ft location. Blanchflower has its own bakery, located just around the corner in Sale, where they produce their own bread, cakes and pastries.

Location 103
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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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Five Below Appoints New COO to Help it Pursue Triple Double Growth Plan

Retail TouchPoints

The company’s Triple Double growth plan was announced in March 2022 , when it set the goal of tripling its store count to more than 3,500 locations by the end of fiscal 2030 while at least doubling sales and growing operating margin by 14% by the end of fiscal 2025.

Planning 278
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Thrice the size: Oz Hair & Beauty plans 10 more shopfronts

Inside Retail

Its newest location opens this month at Sydney’s Macquarie Centre. Anthony Nappa founded Oz Hair and Beauty in 2012, after his parents owned and maintained hairdressing salons in Sydney for many years, including their flagship Oz Hair salon in the Queen Victoria Building (QVB) since 1986.

Planning 264