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In a planned leadership transition, Michael Witynski has been named CEO of Dollar Tree. Gary Philbin, the company’s CEO since September 2017, is retiring but will serve as a member of the board through September 23, 2020. In December, Witynski was promoted from President and COO to a newly created position of Enterprise President.
Prior to that, in 2017, it announced a North Star strategy centered on customer loyalty. As part of its restructuring under the Bold New Chapter, Spring announced the plan to cut the fat and close down 150 of Macys underperforming stores by the end of 2024. Whether this latest effort proves to be a success remains to be seen.
Amazon, the $2 trillion gorilla, arrived on our shores officially in December 2017, just in time for Christmas. In April 2024, it announced it planned to invest $490 million in opening two new fulfilment centres in Horsley Park, Western Sydney, with one to open later in 2025 and the other by 2026. Amazon announced it posted over $3.1
Target has made a number of changes across its executive leadership team, including the promotion of Christina Hennington to the newly established role of EVP and Chief Growth Officer. Boylan, who joined Target in 2011, has been leading the company’s communications function since 2017.
Current Chief Growth Officer Christina Hennington has been promoted to Chief Strategy and Growth Officer, while Rick Gomez, who took on the role of Chief Food, Essentials and Beauty Officer in January, will oversee all of Target’s merchandising business as Chief Commercial Officer. Hennington will continue to report to Cornell.
million people plan to shop between Thanksgiving Day and Cyber Monday in 2022, representing 69% of all holiday shoppers, according to a survey conducted by the National Retail Federation (NRF) and Prosper Analytics. This would be nearly 8 million more people than in 2021 and the highest estimate since NRF began tracking the data in 2017.
From 2013 to 2017, he also chaired the Financial Executives Council of the National Retail Federation. Prior to joining BJ’s, Eddy served multinational manufacturing, technology, retail and consumer products companies as a member of the audit and business advisory practice of PwC.
In addition to this timing variation, over 60% of shoppers plan to do their browsing online, yet 85% expect to buy at least one product in a store. In this kind of shopping environment, how should retailers align their promotions and markdowns for the greatest impact? And don’t forget the shopper looking for that end-of-season deal.
Louis Schnucks stores this fall, with a broader rollout planned for later this year. Customers will be able to use their Schnucks Rewards account with the carts, providing them with access to clipped promotions and allowing them to view weekly circular deals as they browse the aisles. “We
Those services could be a real boon this year, considering that 81% of those plan to make additional purchases when collecting their items,” according to ICSC data. . Whether in-store or online, Wiser has you covered from pricing to assortment to promotions. Need better data to inform your decisions? Schedule a demo today.
Few retail segments require the same level of hyper-personalization as cannabis, where meeting a shopper’s needs requires understanding their exact desires and usage plans on an extremely granular level. If you look at some of the statistics, in June [2020] alone Colorado saw a 30% increase year-over-year in retail marijuana sales.
To put these numbers into perspective, that is more than double what US consumers spent online on Black Friday 2017, which drove US$5.03 According to data provided by Adobe Analytics, online Black Friday shopping in the US hit new heights in 2024, with consumers spending a record US$10.8 billion online on Friday, up 10.2
BWX is going after this opportunity with the formation of a new business unit where Flora & Fauna will operate alongside Nourished Life, a leading toxin-free online retailer the company acquired for $20 million in 2017. . “We
Amazon CEO Andy Jassy is reportedly planning to double down on the ecommerce giant’s physical grocery business despite recently announced plans to put growth on hold , according to the Financial Times. billion in 2017, and represents just 3.4% However, he didn’t specify which formats he believed hold the most potential.
Earlier this year, Amazon ran a series of promotions to try to boost One Medical membership, including offering Prime members a reduced price for their first year ($144 ). However, today’s announcement marks the debut of One Medical as a permanent discounted offering for Prime members.
Instead, a series of recent diversifications, including the launch of a direct-to-consumer site in 2017, meant the brand was poised to roll with the pandemic punches. Once the pandemic hit, our wholesalers had to close their stores, and we had to rethink our entire email plan,” said Florin.
Milligan joined JoJo Maman Bébé in 2017 as its commercial director before being promoted to CEO in April 2022. Wright said he had “planned a break” but confirmed he was starting a new role at the end of October. Click here to sign up to Retail Gazette‘s free daily email newsletter
Festival ambassador, MasterChef winner Diana Chan, has already started promoting the brand on her Instagram account. It expanded offline in 2017, with the opening of its first bricks-and-mortar showroom in Melbourne, followed by another location in Sydney in 2020.
Target ’s announcement earlier this month that it was launching a paid membership plan almost felt like a foregone conclusion. So how does Target plan to beat these odds, especially as a latecomer in its sector? The company’s EVP and Chief Marketing Officer Lisa Roath laid out the game plan in a session at Shoptalk this week.
Consumers are already demanding authentic sustainability as a fundamental requirement from retailers, who now have a critical role in promoting and improving the accessibility of sustainable goods for all. Case studies from around the world are already available to showcase the successful adoption of such initiatives.
Amazon has announced plans for its first-ever physical fashion store — dubbed Amazon Style — which will feature women’s and men’s apparel, shoes and accessories. In mid-2021 rumors also surfaced of plans for large-footprint department stores , although Amazon hasn’t formally announced anything along these lines.
In terms of Apple’s entry into the retail sector, he said this has been expected ever since the brand began its manufacturing operations in the country back in 2017. He believes the high retail standards of Apple will have a significant impact on the general quality of retailing across urban India.
Our plan is to share and promote stories that encourage awareness and inspiration, and celebrate the different ways communities spend time outside.”. We are supporting projects that explore this idea from a variety of perspectives, formats and, most importantly, from a variety of voices.
The pressure is on for these brands to establish policies and strategies that reduce waste, promote sustainability, and extend the lifespan of their products. Around 2017 – Steven Bethell, the founder of Beyond Retro, connected with a teammate who was involved in this experiment.
To close this gap, 44 per cent of retail and consumer goods marketers say they are now leading customer experience initiatives across their organisations (versus just 24 per cent in 2017), and metrics are being shared. Driving real-time omnichannel engagement.
Back in time The story starts in 2017, when then-CEO and managing director John Humble went on a bit of a buying spree. Towards the end of 2017, BWX told investors it was finished with its round of acquisitions and would focus on building out the offer it had assembled. It’s a long story. What went wrong?
on August 30 announced new leadership promotions and roles for nine officers. Zak Brining has been promoted to senior vice president of corporate store operations. Donny Lau has been promoted to senior vice president and chief strategy officer. Dan Connow has been promoted to vice president of store operations.
Pak was also named interim CEO in October, and senior vice president of corporate finance Brian Wong was promoted to CFO in December. While Esprit has struggled in recent years, the brand said that it posted a profit in the first half of 2021, the first time it has done so since 2017. “I
“Those looking to make the most of it can use our predictions as a guide – but it’s critical that retailers also leverage internal data and analytics tools to refine their approach to promotions, staffing and customer experience in November and December.
The plan is to approach each platform in an “organic” way, rather than putting the same message across multiple channels to create greater brand trust and uptake on each platform, said marketing manager Matt Iozzi. “We Marketing on these platforms does require a different approach to their Western counterparts, however.
We’d always had plans for drive-thru to be a big part of our future growth, but following Covid, that programme will be accelerated.”. At the same time, RFG is starting to promote its digital pre-ordering capabilities after launching click-and-collect across all of its brands over the past year. Focus on supporting franchisees.
The UK-based online platform for independent and ethical brands Wolf & Badger opened its first bricks-and-mortar location in London in 2010, before adding stores in New York in 2017 and Los Angeles in 2022. Here, we speak with Wolf & Badger co-founder and CEO George Graham about his plans to continue driving global retail growth.
And even those very modest promotional efforts resulted in the first sale coming in. In this post I’d like to show you how I’ve been improving and promoting my store during September. For the first 15 days of October I’ve got 7 posts planned. Shopify basic plan: $29. Detailed breakdown: Revenue: $35.21.
It launched its first UK store on London’s Kings Road, Chelsea, in 2017, and has since opened three further delicatessens in chic London boroughs, including Notting Hill and Wimbledon, as well as London’s food mecca, Borough Market. It plans to open a further two stores in Kensington and Clapham Junction later this year.
The trend was evident well before then but gathered pace in the last three years as businesses promoted card-only and contactless payments in response to lockdowns and infection concerns. In the 2021 financial year, the number of payments on card rose to 12 billion, a 22 per cent increase on 2019 and up by more than 4 billion since 2017.
Take, for example, Grubhub’s latest food promotion disaster. Back in May 2022, Grubhub launched a promotional campaign in New York City, offering “free lunch” via a promotion code, which was valid between certain time frames. Are you trying to promote a new product? Are you looking to promote your website?
Avoiding promotion overload Improving its value credentials has been a pivotal part of M&S’ strategy. Not only has it invested to keep prices low, it has radically reduced its reliance on promotions. In food, only 12% of sales were bought on promotion last year, compared to 26% in 2017/18.
Most of us have enjoyed finished projects from Inplas whether it is their work for blockbuster films, high end glazing displays for museum artefacts or retail promotions for leading brands. Planned celebrations for their 25 th anniversary in April 2020 were delayed with the start of Covid-19.
Previously, Campbell served as the head of the company’s UK operations, and was promoted to the global role in January 2022. After overseeing a successful turnaround since 2017 to reverse a slide in sales, Bertelli said a year ago he planned to hand over the reins of the group he leads with wife Miuccia Prada to their 34-year-old son Lorenzo.
Previously, Campbell served as the head of the company’s UK operations, and was promoted to the global role in January 2022. After overseeing a successful turnaround since 2017 to reverse a slide in sales, Bertelli said a year ago he planned to hand over the reins of the group he leads with wife Miuccia Prada to their 34-year-old son Lorenzo.
According to Convenience and Impulse Retailing , 7-Eleven is going through a period of expansion throughout regional Australia, planning 70 new stores in the next two years. Prior to receiving his most recent promotion, he worked for the company as group e-commerce GM in France from October 2020 until early this year.
The expansive three-storey showroom, covering an area of 46,806 square feet and showcasing a curated selection of over 1500 pre-owned motorbikes, is a testament to iMotorbikes’ rise since its humble beginnings in 2017. The team plans to introduce booking payment via online channels for faster and easier transactions.
How can you stay on track of all planned holiday marketing initiatives and ensure smooth execution of your marketing plan? When You Are Mapping Out Your Holiday Marketing Plan: 1. In 2017 consumers are researchers. That’s why marketers need to roll out seasonal promotions ahead of time and become top-of-mind.
We started doing digital fashion in 2017. We were invited to curate projects to create a campaign to promote designers, and we thought there must be a new way to promote fashion instead of doing fashion shows. We are already planning our next project for next Fashion Week. It’s like rocket science.
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