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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. The company’s latest move was in September 2024 , when Walmart tapped StockX to provide pre-verified sneakers for sale on its marketplace.

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Puma plans job cuts as US demand weakens, outlook dims

Inside Retail

Chief financial officer Markus Neubrand announced plans to cut 500 jobs worldwide and close some unprofitable stores as part of a cost-cutting plan. at 1246 GMT, a level not seen since November 2016. The post Puma plans job cuts as US demand weakens, outlook dims appeared first on Inside Retail Australia.

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

Inside Retail

With plans to open 15 outlets, so far it has expanded to Manly and Sydneys west, as well as Byron Bay and Surfers Paradise. The Carls Jr business launched on the NSW Central Coast in 2016. Wendys plans to open 200 restaurants across Australia, a mix of equity stores and sub-franchised outlets.

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Two Australian furniture chains set for sale

Inside Retail

Quadrant later became a co-owner before taking full control of Amart in 2016. According to the AFR , the sale follows the completion of Greenlits multi-year turnaround plan for Freedom Furniture under the leadership of Blaine Callard. The retailer generates about $600 million of sales and annual earnings of $90 million.

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Sustainability and Profitability: How Embedding Sustainability can Boost Business Performance

Retail TouchPoints

The program now covers 72 suppliers and has grown in total supply chain financing from $100 million in 2016 to $800 million in 2022, highlighting the critical role of value chain collaboration in decarbonization efforts. This approach connects sustainability, supply chain, quality, R&D and finance.

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7 Ways Service Providers can Motivate Customers with Digital Incentives

Retail TouchPoints

By building your promotional plans around digital incentives instead of discounts, youll end up with the win-win of better value for both you and your customers. Baradoy also led Lightrail – an API payment infrastructure for customer value – as CEO from 2016-2020. Leif Baradoy is the CEO of Giftbit.