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StockX Co-founder Promoted to CEO Job

Retail TouchPoints

Schwartz co-founded StockX, a platform for buyers and sellers of sneakers, apparel, electronics and collectibles, in 2016 with Dan Gilbert, Josh Luber and Chris Kaufman. StockX saw rapid growth over the past five years as the company expanded into new categories, entered new markets and scaled to serve tens of millions of customers annually.

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US burger brand’s comeback: Wendy’s makes its new Australian debut

Inside Retail

Rolling out a burger chain across the country has proved challenging for other US brands which have dipped their toes in the Australian market in recent years. Five Guys hit the Australian market in 2021. With plans to open 15 outlets, so far it has expanded to Manly and Sydneys west, as well as Byron Bay and Surfers Paradise.

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Mattress Firm Puts IPO on Ice, Citing Market Volatility

Retail TouchPoints

Mattress Firm has withdrawn its plans for an IPO this year, according to documents filed with the SEC. After going private in 2016, the chain hit a few bumps in the road, including an accounting scandal that saw the resignation of the current CEO.

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David’s Bridal Acquires Wedding Media Brand, Launches Pearl Media to Create ‘Ultimate Inspiration Network’

Retail TouchPoints

Engagement and wedding planning timelines are getting longer, according to Signet , with couples dating for 3.25 Its no longer just a 12 -month planning cycle people are diving into years of planning and consuming content that sparks ideas, often via video, which outperforms every other medium.

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Sustainability and Profitability: How Embedding Sustainability can Boost Business Performance

Retail TouchPoints

To meet Net Zero goals and comply with evolving regulations, companies must integrate sustainability across the value chain from raw materials to design, sales and marketing and supply chain management. As a result, they quickly upskill cross-functionally across areas like sales, marketing, strategy and supply chain.

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Yum China’s winning formula: Lower-tier cities as key markets

Inside Retail

Yum China, which spun off from Yum Brands in 2016, operates six restaurant chains in about 2200 towns and cities in China, employing around 400,000 people. We plan to expand the model to 1300 locations by the end of 2025. Ding noted that China is still a very big market.

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5 New Ways Retail Marketers Can Utilize Location Data This Year

Retail TouchPoints

While location intelligence has been almost synonymous with measuring foot traffic to stores, there are much broader applications that retailers and marketers should incorporate into their strategies this new year. Do you know the average conversion window of each channel in your media plan? Uncovering each channel’s conversion window.

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