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Lego Plans $1.4 Billion Sustainability Investment Over Next 3 Years

Retail TouchPoints

These plans are part of the brand’s near-term climate target of reducing greenhouse gas (GHG) emissions 37% by 2032 compared to a 2019 base figure. They are holding us to account, and we must set ambitious goals and take meaningful and lasting actions to protect their futures.”

Planning 264
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Nordstrom Names Ex-Target and Walmart CFO to Top Financial Post

Retail TouchPoints

Smith brings extensive experience in retail finance posts, including serving as CFO at Walmart from 2010 to 2014 and at Target from 2015 to 2020. At Nordstrom, Smith will be responsible for financial planning and analysis, accounting, tax, internal audit, treasury, investor relations and strategy sourcing.

Finance 340
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Dollar General Promotes New President and CFO Following Strong Quarter

Retail TouchPoints

He will add responsibilities for the company’s strategic healthcare initiatives and its international expansion to Mexico to his existing finance, accounting, strategy and procurement functions. Garratt joined Dollar General in 2014 as SVP of Finance and Strategy and has served as EVP and CFO since December 2015.

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Private equity stalks Boost, Betty’s Burgers parent

Inside Retail

Bain has been considering listing the Retail Zoo business since 2019, but the advent of Covid-19 saw those plans put on hold. Bain invested $185 million to take a controlling interest from founder Janine Ellis in 2014. Since then, volatile trading conditions have discouraged multiple businesses from launching IPOs.

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Bain Capital sells Boost Juice, Betty’s Burgers parent

Inside Retail

With Adamantem, we plan to invest in further expansion of our global footprint, leverage customer insights and analytics to drive our customer proposition and establish market-leading ESG frameworks for the business,” said Alani. Bain Captial bought a major stake in Retail Zoo in 2014 for about $185 million from The Riverside Company.

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Canadian plant-based restaurant chain Copper Branch heads Down Under

Inside Retail

Copper Branch, the Canadian restaurant chain, is to expand into Australia and New Zealand with the first restaurant planned for Melbourne. . The first Copper Branch in Australia will open late this month, offering a plant-based cuisine, with plans to expand across the country in the coming years.

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Report: BNPL Vendor Shares Fall as Apple Prepares to Enter the Space

Retail TouchPoints

Apple plans to make Apple Pay Later available both in-store and online, a nod to the growing cross-channel popularity of BNPL services. They also can use the app to manage their payments, including the option to exit any payment plan by paying off the remainder of their balance. retailers since its launch in late 2014.