Remove 2013 Remove Consumer Remove Wholesale
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BJ’s Wholesale Club Names Interim Leader President and CEO

Retail TouchPoints

BJ’s Wholesale Club has appointed Bob Eddy as the company’s new President and CEO. Prior to joining BJ’s, Eddy served multinational manufacturing, technology, retail and consumer products companies as a member of the audit and business advisory practice of PwC. Baldwin, Executive Chairman of BJ’s Wholesale Club in a statement. “We

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Alibaba Separates International and Domestic Commerce Operations, Names New CFO

Retail TouchPoints

Alibaba Group has reorganized its consumer and wholesale commerce divisions and named current Deputy CFO Toby Xu to succeed Maggie Wu as CFO in April 2022. Prior to his new role in the International division, Fan, who joined Alibaba in 2013, was President of Taobao and Tmall , two of Alibaba’s most successful consumer marketplaces.

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Good360 gets $3 million grant: How it will connect retail, charity and community

Inside Retail

Direct-to-consumer (DTC) brands typically carry up to 33 per cent of their inventory as deadstock, while wholesalers cannot carry the same amount before it becomes unviable due to lower margins. In 2013, Covington immersed herself in the US business, before bringing the model to Australia in 2015.

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Guarding the Retail Fortress: Cybersecurity Challenges and Network Interruption Risks

Retail TouchPoints

A cyberattack that compromises customer personal information can diminish the trust consumers place in a brand. Some cases in point include: In 2013, Target experienced a data breach where hackers accessed their customer credit card information by exploiting a weakness in the HVAC system’s network connection.

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‘Not satisfied’: Regulator talks tough on Foodstuffs NZ merger

Inside Retail

“Following the proposed merger, for suppliers who may not have the ability to divert supply through other channels (ie, through other grocery retailers, export, wholesale, foodservices and direct-to-retail consumers) this would reduce their major customers by one, and the merged entity would account for more of a suppliers’ total business.

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Madison Reed Raises Another $52 Million on the Heels of 130% Growth

Retail TouchPoints

Hair care brand Madison Reed has raised an additional $52 million in financing to fuel its omnichannel expansion after reporting 130% growth and doubling its consumer base in 2020. With many salons shuttered for much of last year, the brand was well-positioned to capture consumers looking for at-home hair coloring alternatives.

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Online or Offline Sales? Why not Both?

Retail TouchPoints

There are some products consumers will never feel entirely comfortable buying exclusively online. Many consumers prefer visiting a store to give their mattresses a bounce before making a purchase. Since the company’s launch in Frankfurt, Germany in 2013, Emma has reached customers in 30 countries.