Remove 2014 Remove Finance Remove Fulfillment
article thumbnail

Amazon Appoints Insider as CEO of Worldwide Stores

Retail TouchPoints

Herrington joined Amazon as VP of Consumables in 2005, launched Amazon Fresh in 2007 and was promoted to SVP of Consumables in 2014. Felton has worked for nearly 18 years in Amazon’s retail and operations finance leadership. Another company veteran, John Felton, will now lead the company’s operations. Pat Bajari (Chief Economist).

article thumbnail

Boll & Branch Taps New ERP to Manage Supply Chain and Operations

Retail TouchPoints

Since its founding in 2014, Boll & Branch has evolved from an online direct-to-consumer (DTC) business to a complete omnichannel organization that has a presence on Amazon , at major retailers like Bloomingdale’s and Nordstrom , as well as branded brick-and-mortar stores nationwide.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Ron Johnson’s Enjoy Technology Files for Bankruptcy, Set to be Sold

Retail TouchPoints

million bridge loan and a financing commitment of $55 million from tech services company A s urion. Johnson co-founded Enjoy in 2014 after leaving JCPenney and currently serves as its CEO. To fund its operations throughout the Chapter 11 proceedings, Enjoy has received a $2.5

article thumbnail

Clean Data, Clean Planet: How Online Retailers can use Data Analytics to Reduce Their Carbon Footprint

Retail TouchPoints

For example, a UK-based business with traction in Europe should consider warehousing stock in Germany, Poland or the Netherlands to shorten the fulfillment process. Third-Party Logistics Providers (3PL) and Fulfillment of Product. New 3PL tools help make fulfillment of product easier for retailers.

Shipping 264
article thumbnail

Report: Rent The Runway Exits Brick-And-Mortar

Retail TouchPoints

At the beginning of the pandemic, CEO and Cofounder Jennifer Hyman cut costs by 51% , raised additional financing and scaled back capital outlay by shifting from buying merchandise to a revenue-sharing consignment model, according to a July 2020 article in The Wall Street Journal.

Apparel 247
article thumbnail

2 Top Target Chiefs Announce Retirement Plans

Retail TouchPoints

During his 27-year tenure with the company, he has held a variety of leadership positions in finance, digital and human resources, including acting as CFO from 2012 to 2015. Mulligan also served as interim President and CEO of Target in 2014, prior to Cornell’s appointment. Mulligan joined Target in 1996 as a financial analyst.

Planning 147
article thumbnail

What next for Primark online?

Retail Gazette

Back in 2014, when online retailers such as Asos were soaring, John Bason, finance director of Primark owner Associated British Food – who now heads up its strategic advisory board, was honest about the challenge it faces online. .” “Primark operates on low margins to keep its price points so low. .