Independent Retailer

NOVEMBER 15, 2024

In this article, we’ll talk about retail management, what it is and why it’s important. This information will be useful to entrepreneurs and business managers who implement approaches aiming at streamline processes, improving customer service and reducing costs.

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Management Wholesale Visual Merchandising Promotions 94

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. Here are three key components of a well-managed ecommerce cloud strategy. Scalability Is Key One key aspect of effective cloud resource planning is being able to dynamically scale infrastructure.

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Planning Customer Experience Management Promotions 214

Retail Focus

JULY 17, 2024

The potency and power of teamwork are today vital success factors in the dynamic field of property management. It is more crucial than ever for teams inside the property management industry cooperate productively as property operations get more complicated and client expectations rise.

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Management Promotions Accounting Marketing 130

Retail TouchPoints

SEPTEMBER 2, 2024

However you look at it, healthy people are at the center of any successful sustainability plan. Establishing a solid economic foundation for team members enables a stable organization that is capable of executing our work plans. Integrating corporate wellness into sustainability plans is just good business.

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Planning Employee Engagement Promotions ATS 260

Retail TouchPoints

APRIL 11, 2022

Lowe’s has promoted Brandon Sink to EVP and CFO, effective April 30, 2022. His appointment reflects our succession planning process and the talent across our company. As Lowe’s SVP of Retail Finance, Sink was responsible for managing store financial support, merchandising, supply chain, digital and marketing.

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Finance Promotions Accounting Returns 257

Inside Retail

AUGUST 29, 2023

Incoming CEO Vlad Yakubson will start earlier than planned on October 9. Our key focus is on executing our strategic priorities, being disciplined on promotional activity and price point management to maximise gross margin dollars, controlling costs and delivering outstanding customer service to maximise sales conversion and basket size.”

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Planning Accounting Promotions Consumer 242

Retail TouchPoints

AUGUST 26, 2022

Dollar General has promoted John Garratt to President and CFO, effective September 1, 2022. Brands in various positions of increasing responsibility in corporate strategy and financial planning. He also has experience as Plant Controller for Alcoa and in various financial management roles at General Electric.

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Promotions Finance Accounting Management 239

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.

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Planning Wholesale Promotions Returns 226

Retail TouchPoints

AUGUST 27, 2020

Logility has rolled out the latest release of its Logility Price and Promotion solution, which uses machine learning to predict the impact of promotional activity on inventory.

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Retail TouchPoints

NOVEMBER 30, 2022

Vallarta Supermarkets will implement Logile IMS, an inventory management solution that will allow the Southern California regional supermarket chain to manage orders and receiving while also handling in-store production and service, via integration with the retailer’s forecasting and workforce management solutions.

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Inventory Management Management Supermarket Promotions 157

Retail TouchPoints

JUNE 8, 2022

The company also is planning to add five distribution centers over the next two years to support its supply chain. “We Target also is revising its sales forecasts, future promotion plans and cost expectations by category. Target also will add incremental holding capacity near U.S.

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Planning Supply Chain Management Promotions Markdowns 271

Inside Retail

OCTOBER 17, 2023

Great product diversity, changing consumer demands, and the expansion of e-commerce have turned inventory management into a major pain point for retailers. Poor inventory management results in overstocking and under-stocking, impaired cash flow, and losses from theft and spoilage. Here are some reasons why: 1.

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Inventory Management Management Drop-Shipping Fulfillment 182

Inside Retail

JULY 4, 2021

Toys “R” Us has announced the appointment of chief operating officer, Lian Yu, who has been promoted from her previous position of general manager of the brand. I am excited to be playing a key role in the next phase of the company’s growth plans. According to Mittoni, Chill Factor made up 2.7 Additional reporting by Dean Blake.

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Promotions Management Planning Consumer 238

Retail TouchPoints

JANUARY 2, 2024

Nike has laid out a plan to cut up to $2 billion in costs over the next three years in a bid to “accelerate future growth while building a faster, more efficient” organization, executives shared during the company’s fiscal 2024 Q2 earnings call.

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Planning Wholesale Promotions Management 269

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. How AI can manage 15.6 Spoiler alert: It’s not.

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Planning Promotions Location Consumer 147

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. Mark Wagstaff will step into Richard’s old shoes, taking on the position of Senior Projects Manager.

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Promotions Management Planning ATS 162

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. The innovation is a demand planning tool that delivers accurate forecasts and illustrates what is driving demand.”

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Planning Inventory Turnover Consumer Location 147

Inside Retail

OCTOBER 28, 2023

And poor management certainly has a lot to answer for in the UK workplace. A staggering 82 per cent of new managers in the UK are what the Chartered Management Institute (CMI) calls “accidental managers”, according to a YouGov survey commissioned among 4,500 workers and managers in June, which has recently been published.

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Promotions ATS Management Planning 130

Retail TouchPoints

MARCH 24, 2023

As a result, customer flow management is more important than ever as leaders seek to empower the customer, improve the employee experience and collect actionable data to potentially scale their business. A good virtual queue system will include a centralized management dashboard, robust reporting and a customizable interface.

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Management Customer Experience Location Accounting 272

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. In her new role, Patrick will report to Guillaume Motte , President and CEO of Sephora’s global business.

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Promotions Planning Management Store Operations 245

Retail TouchPoints

JUNE 2, 2022

billion during FY2021, which ended April 2, 2022, The Container Store revealed that it is planning to open 74 new stores by FY2027. million in December 2021; Promoting its new branding campaign, Welcome to The Organization , with a 22% discount welcome offer on Feb. Following a net sales increase of 10.5%

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Location Planning Promotions Marketing 256

Wiser

MAY 7, 2024

However, like many in the spirits industry, they faced significant hurdles in ensuring effective in-store execution , especially for promotions in secondary locations. The primary obstacle was the lack of visibility at the point of sale and the absence of real-time data to guide adjustments during the promotional period.

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Management Promotions Point of Sale Location 78

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.

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Planning Inventory Management Accounting Promotions 208

Mass Relators

JUNE 20, 2022

Matthew Simonsen has been promoted to senior vice president of real estate and development. Simonsen joined Dollar General in 2013, and has held roles in store operations, procurement, pricing, business analytics and merchandising planning. Jackie Li has been promoted to senior vice president of private brands and global sourcing.

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Promotions Management Employee Engagement Store Operations 52

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. Gary Philbin, the company’s CEO since September 2017, is retiring but will serve as a member of the board through September 23, 2020.

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Promotions Supermarket Customer Experience Planning 191

Retail TouchPoints

OCTOBER 14, 2020

Walmart will adapt to what is shaping up to be an extended holiday season by spreading out its Black Friday promotions across three events that will span most of November. The promotion will coincide with Walmart’s annual Tire Event, which runs Nov. The first Black Friday Deals for Days event will begin online Nov. in a statement. “By

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Promotions Apparel Management Planning 192

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 Prior to serving as the company’s acting CEO Schaefer was Zappos’ VP of Finance.

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Promotions Finance Planning Management 231

Retail TouchPoints

JANUARY 15, 2024

Nvidia surveyed more than 400 retail professionals at all organizational levels and found that while AI adoption is still in its early stages, more than 60% of respondents are planning to boost their AI investments in the next 18 months. But many of these tasks may just represent the low-hanging AI fruit.

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Mass Relators

MARCH 31, 2024

Dollar General has promoted 18 executives to new roles at the company. Leslie Allen Leslie Allen has been promoted to senior vice president, human resources. Christine Connolly Christine Connolly has been promoted to senior vice president, corporate secretary and assistant general counsel, securities and governance.

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Retail TouchPoints

FEBRUARY 27, 2023

Faced with inflation that remains uncomfortably high despite a series of interest rate hikes, just over half ( 51% ) of retailers are planning to raise product prices — at least slightly — this year, according to the 2023 BDO Retail CFO Outlook Survey. These tech investments are likely to be crucial.

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Planning Promotions Consumer Management 227

Wiser

OCTOBER 29, 2024

It’s no surprise that 63.88% of shoppers expect pricing and promotions to be consistent across online and in-store channels. Consumers often plan their shopping journeys around what’s in stock, and inaccurate inventory information can quickly lead them to turn to competitors.

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Management Inventory Management Consumer Promotions 78

Retail TouchPoints

NOVEMBER 6, 2024

Through the strategic partnership, nearly 900 stores will use RFMN’s dynamic Digital Window Signs to promote weekly sales programs, special events, promotional ads and other ad messages, powered by Save A Lot’s retail media network.

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Location Grocer Promotions Supermarket 208

Inside Retail

JULY 19, 2022

Premium home fragrance retailer Dusk Group plans to open new stores in Australia and New Zealand ahead of the Christmas trading period despite ongoing challenges. King said Dusk is well placed to manage inventory inflows ahead of its peak trading period. Online sales have risen 2.9 per cent. “Our

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Planning Promotions Management ATS 130

Retail Focus

JUNE 7, 2023

Next generation delivery management platform, Scurri , whose retail and brand partners include Vision Direct, Biscuiteers and Natural Baby Shower, today announced two new strategic appointments as it continues to scale growth in the United Kingdom. Additionally, Matthew Hunt joins the Scurri team in the role of Demand Generation Manager.

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Retail Focus

APRIL 18, 2024

Delivery management platform, Scurri , today reported an increase in the total gross merchandising value (GMV) of goods processed through its platform, which totalled over €12 billion in 2023.

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Management Fulfillment Checkout Promotions 147

I Vend

DECEMBER 13, 2022

Promotions are an essential part of any retailer’s marketing toolkit, and never more so than during the holiday season. iVend for Digital Passes iVend helps retailers get the most from holiday promotions. iVend for Digital Passes iVend helps retailers get the most from holiday promotions.

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Promotions Employee Engagement Checkout Returns 97

Retail Times

JUNE 3, 2024

(NYSE:POST), a consumer packaged goods holding company, today announced planned executive leadership changes at its Weetabix and Refrigerated Retail businesses. These transitions and internal promotions are part of the company’s ongoing business succession planning.

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Management Promotions Planning Consumer 52