article thumbnail

Maverik to Rebrand Kum & Go Convenience Stores

Retail TouchPoints

Krause, who died in 2013, told the newspaper that the “K” stood for Krause and the “G” stood for Gentle. “I Gentle as Hampton Oil Co. in 1959 as a single gas station. The business expanded and took on the Kum & Go name in the 1970s, according to the Register.

ATS 289
article thumbnail

Wesfarmers to book up to $130 million profit from BPI structure wind up

Inside Retail

BPI was set up by Wesfarmers in 2013 as a wholly-owned special purpose vehicle to facilitate the sale and leaseback of the properties via a securitised lease transaction. Wesfarmers will undertake a strategic review of the Bunnings properties and explore various capital management options once the structure is unwound.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Home Depot Promotes Insider to New Retail Media and Monetization Post

Retail TouchPoints

Babcock joined the retailer in 2013 and most recently served as VP of Integrated Media, helping to launch Retail Media+.

article thumbnail

Dillard’s Debuts Coterie Shop Spotlighting Four Fashion Entrepreneurs

Retail TouchPoints

Buru, with collections centered on bold textiles, whimsical prints and playful use of color, was established in 2013 when founder and first-time mom Morgan Hutchinson became frustrated with a wardrobe that no longer met the daily demands of her life. Sophia Demirtas founded Fanm Mon in 2013 as an ode to her Haitian heritage.

Fashion 278
article thumbnail

Nike Promotes Converse Veteran to CEO

Retail TouchPoints

He previously worked at Converse from 2010 to 2013, followed by a year as VP of Strategy for Fanatics. Carver has been with the Converse brand for nearly a decade, most recently as VP/GM for Converse’s North America business, where he unlocked strong growth in the brand’s largest geography.

article thumbnail

Walgreens Divests Wholesale Business for $6.5 Billion to Focus on Retail Offerings

Retail TouchPoints

It is a logical step following the success of our long-term strategic relationship with AmerisourceBergen which has been a strong and trusted partner since 2013.”. “This deal will enable significant value creation for both companies and will generate new synergies in addition to those already captured.

Wholesale 306
article thumbnail

Asda CEO: Five runners and riders following Allan Leighton’s return

Retail Gazette

He also oversaw several transformations during his time at Travis Perkins and is credited with the successful turnaround of Australian supermarket Coles during his time as the retailer’s CFO between 2009 to 2013. He was named as Tesco UK managing director in 2013 under CEO Philip Clarke.

Returns 116