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Top Bunnings management depart in ‘reshaping’

Inside Retail

Four executives in Bunnings’ management team have departed the hardware chain in a move that was described as a “reshaping” rather than a restructure. Other management shuffles include the appointment of Ryan Baker as chief operating officer. Current CFO Rachael McVitty will take over from Baker as chief customer officer.

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PetSmart Rolls Out Store Solution to Improve Inventory Management and Digital Fulfillment

Retail TouchPoints

PetSmart has deployed the gStore platform from GreyOrange to enhance inventory management and store operations in its nearly 1,700 stores. gStore benefits our associates and customers alike, said Greg Fancher, EVP of IT and Chief Information Technology Officer at PetSmart in a statement.

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A Guide to Managing Young Employees

Retail TouchPoints

In fact, data from Legion Technologies finds that 37% of managers say they’re hiring more minors due to the shortage. However, ensuring compliance is especially tricky for retailers operating in multiple markets, as labor stipulations will vary from location to location and any changes must be made in time with laws taking effect.

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Macy’s to Close 150 Nameplate Stores, Focus on Luxury and Small-Format Locations

Retail TouchPoints

Macy’s plans to close 150 underproductive nameplate stores — approximately 50 this year alone — and continue its expansion of smaller-format stores as it prioritizes investment in about 350 go-forward locations. The Bold New Chapter is in part a counterargument to activist investors who have been demanding changes in Macy’s strategies.

Location 244
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99 Cents Only to Close All 371 Locations, Hold Liquidation Sale in Business Wind-Down

Retail TouchPoints

99 Cents Only Stores will wind down its business and shutter its 371 locations across California, Texas, Arizona and Nevada after more than 40 years in operation. Hilco Real Estate will manage the sale of the company’s real estate assets, both owned and leased.

Location 216
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Vitamin Shoppe Parent Company to go Private Following Acquisition by Senior Management

Retail TouchPoints

The senior management team of Franchise Group , led by the company’s CEO Brian Kahn along with a consortium of financial partners that includes B. In total, Franchise Group currently operates more than 3,000 locations, predominantly in the U.S., The transaction is valued at approximately $2.6

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Save a Lot Plots In-Store Retail Media Rollout Across 900 Locations

Retail TouchPoints

Save A Lot is partnering with Retail Fluent Media Network (RFMN) to bring Digital Window Signs to stores, including 750 independently owned and operated locations across 32 U.S. This collaboration empowers local grocers to enhance their in-store advertising with real-time promotions and elevate engagement with customers and CPG partners.

Location 242