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New Activist Investor Pushes Macy’s to ‘Look to Dillard’s’ for Better Path Forward

Retail TouchPoints

In 2017, Dillards faced similar activist pressure based on undercapitalization of its real estate assets). Dillards stockholders have benefitted greatly from this plan, seeing a total return in their shares of +788% versus Macys of -12%. shares down 13% since the plan was announced (according to S&P Capital IQ as of Dec.

Returns 297
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Dollar General Hit with $1M More in OSHA Fines, Bringing Total Since 2017 to $15M

Retail TouchPoints

The company has been fined $15 million since 2017 for safety hazards, according to a strongly worded OSHA statement outlining the new violations. OSHA said that since 2017 it has cited Dollar General in more than 180 inspections nationwide for numerous “willful, repeat and serious workplace safety violations related to unsafe conditions.”

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Piccolo Me parent plans 100 stores for Sol Bowl acquisition

Inside Retail

There are another five Sol Bowl sites planned for New South Wales and ACT before FABE takes the brand interstate. Sol Bowl founder Lilly Semaan launched the healthy-fast-food business as Soul Bowl in Parramatta in 2017. The post Piccolo Me parent plans 100 stores for Sol Bowl acquisition appeared first on Inside Retail Australia.

Planning 263
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True Religion Appoints First CF/COO as It Plans $500M Revenue Goal

Retail TouchPoints

In March, True Religion appointed Scott McCabe as its SVP of Ecommerce as part of its plan to triple online revenues and achieve 50% ecommerce sales by 2025 through transforming into a digital-first DTC brand. Prior to his appointment at the Los Angeles brand, Grewal served as CFO of housewares supplier Bradshaw International since 2017.

Planning 276
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JD Sports taps former Rebel exec to defend against UK rival Sports Direct 

Inside Retail

The company entered Australia in 2017 and currently operates 66 stores in the market. JD plans to open another 10 stores in Australia this year. London-listed JD Sports Fashion has more than 3300 stores in 30 countries.

Fashion 179
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Calpak Embarks on a New Retail Adventure: Physical Stores

Retail TouchPoints

In fact, shortly after Calpak’s in-store and online partnership with Nordstrom began in 2017, it quickly became a top brand in the retailer’s search bar, reaffirming the potential to expand into brick-and-mortar. Calpak undoubtedly tapped into the learnings from its pop-up to better plan for the LA store’s opening.

Wholesale 296
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Couche-Tard Deploys Unified Supply Chain and Planning Solution in North America

Retail TouchPoints

Relex’s AI- and machine learning-powered solutions include demand forecasting, replenishment and advanced space and floor planning functionalities. Relex has provided Couche-Tard’s European business with a unified supply chain and store and floor planning solution since 2017.

Planning 270