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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. Under the proposal, Franchise Group common stockholders other than the management group will receive $30 in cash for each share of common stock they hold, representing a premium of 31.9%

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2024 Home Furnishings Industry Trend Guide

Storis

So, buckle up, home furnishings retailers; we’re ready to accelerate. We surveyed home furnishings retailers for insights on strategies to accelerate growth. More than 50% of those surveyed plan or use Generative AI for designing digital ads, writing content, and personalizing marketing.

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The Importance of Group Counting Solution in Home Furnishing Industry

V Count

The home goods industry is one of the largest markets a country’s economy depends on and the industry continues to grow despite the rising inflation and economic recession. The Covid-19 pandemic changed things for the industry as people had to stay home during lockdowns and many had to start working from home.

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Ikea Owner Takes Stake in New Fifth Avenue Office Tower, Plans NYC Store

Retail TouchPoints

. “Investing in Fifth Avenue goes beyond just growing our footprint; it’s about changing the way we engage with consumers and playing a part in creating strong, sustainable economies and business communities,” said Peter van der Poel, Managing Director of Ingka Investments in a statement. in a statement.

Planning 279
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After 70 Years, IKEA Disassembles Both Print and Digital Catalogs

Retail TouchPoints

The digital version debuted in 2000, and at its peak in 2016, 200 million copies were distributed in 69 different versions, in 32 languages and to more than 50 markets. In order to reach and interact with the many people, we will keep inspiring with our home furnishing solutions in new ways.”. in a statement.

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Ikea launches AI-powered mixed-reality experience

Inside Retail

This is a significant investment for Ikea in cutting-edge digital AI technology which is market-leading for a home furnishing retailer in Australia,” said Giovanni Rutigliano, Ikea Australia’s digital manager.

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Kohl’s, Franchise Group Enter Exclusive Negotiation Period at $8 Billion Purchase Price

Retail TouchPoints

Kohl’s rejected a $64 per share offer from Starboard Value and Acacia Research in January 2022 on the grounds that it undervalued the company, but reportedly became open to lower bids due to the general market downturn and its own poor performance. The $60 per share price tag is still a significant premium over the retailer’s $45.80