Retail TouchPoints

FEBRUARY 8, 2022

The best way to demonstrate that performance edge for CPG brands is with a successful strategic approach to promotions. Worldwide supply chain disruptions, rising production costs and labor struggles have all made pricing and promotions decisions more complicated. Promotions Align with Changing Shopping Habits.

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Promotions Marketing Consumer Planning 289

Inside Retail

OCTOBER 13, 2024

However, at last week’s Delivering the Future event in Nashville, Tennessee, the retail giant announced major plans to combine choice and convenience for its customers. The way we see it: It’s still Day 1,” stated Tony Hoggett, senior vice president of worldwide grocery stores at Amazon. asked Varadarajan.

Planning 245

Planning Supermarket Fulfillment Shopping 245

Retail TouchPoints

APRIL 11, 2022

Lowe’s has promoted Brandon Sink to EVP and CFO, effective April 30, 2022. Sink, currently SVP of Retail Finance at the retailer, will replace Dave Denton, who is departing to pursue another opportunity. His appointment reflects our succession planning process and the talent across our company.

Finance 288

Finance Promotions Accounting Returns 288

Retail TouchPoints

JULY 12, 2024

The platform plans to soon announce a partnership to bring “the most successful crowdfunding projects to physical locations.” To promote its new expanded service, Indiegogo is also lowering its platform fees to 4% for crowdfunding campaigns through the rest of 2024.

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Planning Promotions Location Marketing 261

Retail TouchPoints

MARCH 20, 2024

Former Walmart exec and Jet.com founder Marc Lore and his newest company Wonder Group have raised $700 million from various investors to support its Vision, Capital and People (VCP) plan , which is designed to support the business’ execution and scale, Lore revealed in a LinkedIn post. both of which are scheduled to open this year.

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Location Planning Promotions Customer Experience 312

Retail TouchPoints

MAY 17, 2024

Under Armour announced plans for a restructuring following disappointing results in its fourth quarter and fiscal year 2024 (ended March 31, 2024), as well as the expectation that revenues will continue to decline anywhere from 15% to 17% in North America in the coming year. Plank was reinstalled as President and CEO in March.

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Planning Wholesale Promotions Returns 272

Retail TouchPoints

OCTOBER 3, 2024

Hosted by Andrea Marquez and featuring Jamie Siminoff, creator of Ring, the podcast will give a behind-the-scenes look at what it takes to pitch, win and grow a thriving business. Buy It Now winners will reveal how they plan to invest their prize money and will provide guidance to help other founders on their entrepreneurial journey.

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Promotions Planning Shopping ATS 263

Wiser

JULY 25, 2023

That’s why it’s so important for small business owners to understand how to promote their businesses effectively. Effective promotion not only creates awareness among potential customers but also helps to build a distinctive brand image, fostering long-term customer loyalty. What Is a Promotions Strategy?

Promotions 147

Promotions Advertising Marketing Planning 147

Retail TouchPoints

AUGUST 26, 2022

Dollar General has promoted John Garratt to President and CFO, effective September 1, 2022. From 2004 to 2014 he served at Yum! Brands in various positions of increasing responsibility in corporate strategy and financial planning. said Jeff Owen, COO at Dollar General in a statement. and net sales up 9% to $9.4

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Promotions Finance Accounting Management 264

Retail TouchPoints

SEPTEMBER 11, 2023

Rent the Runway has lowered its revenue expectations for 2023, now saying it plans to at least match 2022 revenues of $296.4 We made significant progress in Q2 across the bottom line, exceeding our profitability guidance, and with Adjusted EBITDA margins hitting a historic high at 10.2%. 8, 2023. “We

Planning 277

Planning Promotions Marketing Spend Marketing 277

Retail TouchPoints

MARCH 21, 2024

That’s why retailers must find ways to optimize their cloud resource planning strategies ahead of a time of demand. Scalability Is Key One key aspect of effective cloud resource planning is being able to dynamically scale infrastructure. Here are three key components of a well-managed ecommerce cloud strategy. So Who’s Doing It Well?

Planning 258

Planning Customer Experience Management Promotions 258

Inside Retail

OCTOBER 28, 2023

Alongside this, they need a clear development plan before they start their new management role. So, when companies decide to promote someone to a managerial role, they must consider that person’s people skills just as much as their technical skills. So what should this training look like? Read the original article.

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Promotions ATS Management Planning 130

Retail TouchPoints

JULY 10, 2023

URBN , the parent company of retailers including Urban Outfitters , Anthropologie and Free People , is partnering with enterprise AI software platform provider o9 Solutions to power its digital transformation journey with a next-generation merchandise planning solution.

Planning 214

Planning Promotions Marketing Consumer 214

Retail TouchPoints

JANUARY 8, 2021

Starbucks has promoted Rachel Ruggeri, currently SVP of Finance, Americas, to EVP and CFO. During her tenure at Starbucks, Ruggeri has held a variety of finance positions including VP of Corporate Financial Planning and Analysis, VP of Finance in support of the U.S. Ruggeri will report to President and CEO Kevin Johnson. “It

Finance 251

Finance Promotions Planning ATS 251

Inside Retail

DECEMBER 17, 2023

Lotte Duty Free has secured an additional 10-year lease at the Brisbane Airport for an expanded store offering more product categories, effective February 1 next year. In addition, the company said it will use its Korean headquarters to promote tourism to Brisbane and Queensland.

Planning 263

Planning Promotions ATS 263

365 Retail

AUGUST 21, 2024

If you’re like most retailers today, you’re in a rut when it comes to promotions. You tend to fall back on what you’ve done before, running the same promotions on the same items year after year. Refine Your Promotion Target Tightening the focus of your promotions to reach your target customers will yield better results.

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Promotions Planning Consumer Location 97

Retail TouchPoints

JULY 20, 2020

In a planned leadership transition, Michael Witynski has been named CEO of Dollar Tree. In December, Witynski was promoted from President and COO to a newly created position of Enterprise President. He previously held executive positions at Shaw’s Supermarkets and Supervalu.

Promotions 245

Promotions Supermarket Customer Experience Planning 245

Retail TouchPoints

OCTOBER 22, 2024

The key is understanding what CX looks like at each stage and establishing a CX strategy built to adapt as the business grows from one stage to the next. At this stage, having an adaptable CX strategy in place is crucial. Adaptable CX strategies can address specific needs at different business stages and across sectors.

Payment Services 264

Payment Services ATS Customer Experience Boutique 264

Retail TouchPoints

MAY 16, 2024

Patients waiting for organ transplants now can prepare for surgery at home, something that used to require a two- to three-week hospital stay. Smart data analytics yields this understanding at scale. Bespoke statement designs and calls to action also promote faster payments. The retail healthcare industry is exploding.

Payment Services 262

Payment Services Promotions Consumer Finance 262

Inside Retail

JULY 18, 2024

Working with retailers across Australia and New Zealand, Quantiful CEO Jamie Cormack has identified poor planning outcomes as one of the significant causes forcing retailers to contract and even close stores today. If you only look at the stock turn, you may be too late to determine the root cause.”

Planning 147

Planning Inventory Turnover Consumer Location 147

Retail TouchPoints

OCTOBER 12, 2022

stores in August 2022 with the opening of a location at the Gran Plaza Outlets in Calexico, Calif. In addition to this Southern California store, the retailer has new shops planned for Illinois, Rhode Island, Nevada, Iowa, Pennsylvania, Virginia, Massachusetts, Georgia, Florida and Puerto Rico. through June 2023.

Location 306

Location Planning Fast Fashion Shopping 306

Inside Retail

MAY 19, 2024

Australian retail businesses have been warned they are missing out on sales by reacting too slowly to customer trends – and that poor retail demand planning is resulting in unnecessarily high levels of capital tied up unproductively in unsold inventory in warehouses and stores. Enter AI, specifically Quantiful’s unique software solution.

Planning 147

Planning Promotions Location Consumer 147

Retail TouchPoints

MARCH 15, 2023

Five Below has promoted CFO and Treasurer Kenneth Bull to the role of Chief Operating Officer, where he will focus on achieving the company’s Triple Double growth goals by optimizing its talent, systems and processes. Prior to joining Five Below, Bull served in senior finance roles at other retailers, including Urban Outfitters. “I

Planning 278

Planning Finance Promotions Location 278

Retail Focus

JUNE 24, 2021

Lincolnshire-based commercial interior design and fit out firm APSS has promoted two long-serving staff members as lockdown eases and businesses reopen. Richard Mycroft has been promoted to Operations Manager. The post APSS promotes two team members appeared first on Retail Focus - Retail Design.

Promotions 162

Promotions Management Planning ATS 162

Retail TouchPoints

JANUARY 18, 2022

Sheetz , a convenience store chain with 630 stores across six states, has chosen the RELEX Solutions unified retail planning solution. Sheetz had sought technology that could support demand planning across its supply chain network within a single system.

Planning 255

Planning Inventory Management Accounting Promotions 255

Retail TouchPoints

OCTOBER 18, 2023

Two of Target ’s top executives — COO John Mulligan and Chief External Engagement Officer Laysha Ward — have announced plans to retire. Mulligan will remain in his role until February 2024, at which time he will transition to a strategic advisor role until his official retirement in February 2025.

Planning 147

Planning Promotions Finance Fulfillment 147

Retail TouchPoints

MAY 16, 2023

Peloton is planning to relaunch its brand as the struggling fitness company works to shed its old image, but the process will run alongside a new recall involving more than 2.1 The different app tiers will have different amounts of content experiences available to you at different price points.

Planning 269

Planning Promotions Consumer ATS 269

Retail TouchPoints

APRIL 7, 2022

Before to joining the company, Schaefer worked in analyst roles with financial planning company Davenport Wealth Management and professional services firm Ernst & Young. “I I am thrilled and honored to continue my journey at Zappos as Chief Executive Officer,” said Schaefer in a statement. “My

Promotions 273

Promotions Finance Planning Management 273

Retail TouchPoints

MAY 3, 2024

Well-being and beauty are intrinsically connected and fundamental to who we are as a company,” said Jodi Caro, General Counsel, Chief Risk and Compliance Officer at Ulta Beauty in a statement. More than 91% of our associates and the majority of our guests are women; we’re also seeing teens engaging with beauty early on.

Beauty and Health 264

Beauty and Health Promotions Planning Customer Experience 264

365 Retail

NOVEMBER 13, 2024

Promotional products are more than just free giveaways—they’re powerful tools that help brands make a lasting impression on customers. Recent studies reveal that 83% of consumers are more likely to do business with a brand after receiving a promotional item, while 76% recall the brand’s name and message even months later.

Promotions 52

Promotions Accessories Customer Retention Returns 52

Retail TouchPoints

MAY 31, 2022

Leahy was hired as Glossier’s Chief Commercial Officer in early 2021 following nine years at Cole Haan in a variety of leadership roles, culminating in EVP and GM, North America. In her blog post, Weiss also teased Glossier’s plan to return to NYC’s SoHo neighborhood with a brick-and-mortar store in early 2023.

Promotions 286

Promotions Returns Planning Consumer 286

Retail TouchPoints

MARCH 4, 2022

Dollar Genera l has announced plans to create approximately 10,000 net new positions during fiscal 2022, a 6% increase of its total workforce. In addition to more stores, Dollar General plans to expand its DG Fresh distribution centers and its DG Private Fleet network. “We Dollar General’s fiscal year ends Feb. 30, 2026. .

Planning 278

Planning Promotions Location Shopping 278

Retail TouchPoints

SEPTEMBER 18, 2023

She will succeed current President Jean-André Rougeot, who plans to retire in April 2024, at which time Patrick will become the CEO of Sephora North America — the beauty retailer’s first female CEO.

Promotions 264

Promotions Planning Management Store Operations 264

Retail TouchPoints

OCTOBER 29, 2020

The retailer also plans to invest $250 million to improve the 450 stores that deliver 60% of the retailer’s revenue, and another $250 million for revamping its supply chain over the next three years. Promotional and Technological Revamps Planned. billion , by fiscal 2023. “We

Planning 256

Planning Promotions Returns Marketing 256

Inside Retail

NOVEMBER 18, 2024

Located at 31-33 Knox Street, the new store features a curated selection of menswear and womenswear collections, including tailored jackets, modern denim, outerwear, accessories, and footwear. ” The new store offers exclusive promotions, including gifts with purchases and complimentary beverages during the opening week. .

Accessories 264

Accessories Promotions Location Planning 264

Retail TouchPoints

MARCH 15, 2022

Starbucks is expanding its commitment to become a more inclusive and accessible company with plans to operate 1,000 Starbucks Community Stores globally. It inspires and motivates us to make our store and digital environments even more inclusive and accessible at every turn.”. In the U.S., and Canadian Starbucks locations.

Promotions 263

Promotions Location Planning Marketing 263

Wiser

JULY 25, 2023

That’s why it’s so important for business owners to understand how to promote their businesses effectively. Effective promotion not only creates awareness among potential customers but also helps to build a distinctive brand image, fostering long-term customer loyalty. What Is a Promotions Strategy? Here’s what you need to know.

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Promotions Advertising Marketing Planning 78