This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
In January, the inquiry was initiated in response to a directive from the Australian Government due to concerns about supermarket pricing practices, including the potential use of false or misleading “was/now” pricing and “special” promotions.
Lamps Plus has promoted COO Clark Linstone to the role of President, effective immediately. In addition to his current position, he manages Lamps Plus Hospitality, the retailer’s hotels and resorts trade business, and serves as President of Pacific Coast Lighting, a wholesale portable lighting company.
Under Armour plans to overhaul its wholesale partnerships, exiting between 2,000 and 3,000 stores in North America, according to company executives on a recent earnings call. Brands are seeking more control over product distribution as well as more premium positioning with fewer promotions and discounts, thus creating better margins.
BJ’s Wholesale Club President and CEO Lee Delaney died unexpectedly on April 8 due to presumed natural causes. Delaney was promoted from EVP and Chief Commercial Officer to President in September 2019 , and took on the CEO role in February 2020. We are shocked and profoundly saddened by the passing of Lee Delaney,” said Christopher J.
BJ’s Wholesale Club has appointed Bob Eddy as the company’s new President and CEO. Bob’s leadership, strategic vision and deep knowledge of the business have been pivotal in driving BJ’s Wholesale Club’s transformation and record growth across all key metrics,” said Christopher J. Eddy also will join BJ’s Board of Directors.
If you’re a wholesale retailer or brand owner and you haven’t already launched a direct-to-consumer sales channel, you’d better be thinking about it. The global pandemic not only accelerated the growth in ecommerce, it highlighted the shortcomings of wholesale-only sales channels. to visit your website. Fulfillment and Returns.
. “We have worked hard to deliver value to customers in H1, but we know we have more opportunities to help customers find value when they shop with us, including clearer promotions, improved ticketing and online resources to explain pricing,” said Bardwell. ” New Zealand food sales inched 0.9 per cent higher to $3.9
The suit also accused the retailer of engaging in a secret and misguided campaign, together with C&S Wholesale Grocers , the divestiture buyer, to purse its own regulatory strategy, which ultimately undermined Krogers efforts, according to a Kroger company statement. The merger had originally been announced in October 2022.
Vaccarella is no stranger to retail — Bogg has wholesale partnerships with Dick’s Sporting Goods and Bass Pro Shops , among others — and she has mastered a model in which the brand develops exclusive designs tailored to each partner’s shopper base. We started doing trade shows and focused on wholesale.
Woolworths fared the worst of the two, starting 2024 with a controversial decision not to promote Australia Day merchandise and ending the year with a distribution centre employee strike costing tens of millions of dollars and ravaging supermarket shelves. billion, but booked provisions worth $1.6
Understanding the difference between trade promotion and consumer promotion is crucial for any business seeking to maximize its market impact and sales potential. These two promotional strategies, while aiming to stimulate demand and increase sales, target distinct audiences and employ different methods. What is Trade Promotion?
The denim giant attributed the slump to extensive promotions and declining sales in its North American wholesale channels. Levi Strauss & Co has revised its annual forecasts downwards for the second time this year after falling short of third-quarter sales estimates.
per cent increase in total owned sales, including wholesale. However, the first-half trading gross margin declined by 100 basis points compared to the previous year, attributed to the ongoing promotional trading environment. The group reported a 4.6 Like-for-like retail sales rose by 2.9
Wholesale revenue fell 12 per cent, and direct-to-consumer sales decreased by 8 per cent, driven by a planned reduction in e-commerce promotions. “Our strategy to reconstitute the Under Armour brand and establish a more premium position in the marketplace is gaining traction,” said CEO Kevin Plank.
Associated Food Stores (AFS), a wholesaler and cooperative serving nearly 450 supermarkets in the Intermountain West region, has adopted customer engagement, personalization and analytics solutions from Birdzi. We’re honored to earn the confidence from our first wholesale customer.”
Meanwhile, Oboz saw strong year-over-year growth in online sales during Black Friday and Christmas promotions. Direct-to-consumer sales trends continue to improve for all three of our brands, while the wholesale market is taking longer to recover, said Michael Daly, MD and Group CEO. Rip Curls wholesale sales fell 13.4
Linstone also will retain his current title of CFO, and he remains in charge of both Lamps Plus Hospitality, the company’s hotels and resorts trade business, and Pacific Coast Lighting, a wholesale portable lighting company.
Whether you call them promotional items, tchotchkes, or swag, handing out free products or giveaways can greatly attract and encourage attendees to enter your space. Make sure your staffers do not frivolously hand out promotional products to every passerby. They are also another affordable promotional product option.
The solution is designed to promote secure, cloud-based collaboration, which helps keep remote teams on the same page for faster and more efficient product development. Surefront has rolled out a product lifecycle management (PLM) platform that allows brands to develop products with all communications and data in a single collaborative space.
Cooperative food wholesaler Associated Wholesale Grocers (AWG) , which serves independently owned supermarkets, has expanded its partnership with Instacart to offer ecommerce and same-day delivery solutions as well as smart cart technology to its member retailers.
The creditors plan to take over Morphe’s wholesale operations, online platforms and international retail stores, subject to court approval. FORMA Brands plans to use the transaction to strengthen its financial position and help execute its long-term growth strategy, which includes a pivot toward wholesale and ecommerce operations.
This approach improves retail workflow management, streamlines operations, promotes accountability and helps avoid duplication or redundancy. CRM systems allow you to set up personalized offers and promotions, increasing customer loyalty. Wholesale Central is a leading B2B directory of wholesale suppliers and products.
Nike has made two senior leadership promotions aimed at helping the brand build on its current momentum while driving deeper integration across the business. The retailer will promote Heidi O’Neill to the role of President, Consumer, Product and Brand, and Craig Williams to President, Geographies and Marketplace.
BJ’s Wholesale made the most dramatic moves up the rankings over the last three years, climbing from 27th place to 10th place in 2022. In fact, club stores are gaining momentum across the board, with three of the top 10 spots now occupied by these retailers: Costco (#2), Sam’s Club (#5) and BJ’s Wholesale (#10).
Instacart has acquired Rosie , an ecommerce platform serving local and independent grocers, wholesalers and retailers, as Instacart seeks to build on its commitment to smaller businesses in addition to expanding its digital offerings. .
A $68 T-shirt might seem like a tough sell, but eight years on, Molnar’s brand Goodlife C l othing has a host of top-tier wholesale partners, a booming DTC business and, most importantly, a cult following of customers that keep coming back. Product that Delivers on its Promise. We’ve built this business in a more traditional, grassroots way.
Adjusted digital growth plans are based on recent digital traffic softness and higher marketplace promotions, lifecycle management of key product franchises and a stronger U.S. However, currency-neutral wholesale revenues were down 3% to $7.1 dollar that has negatively impacted second-half reported revenue versus 90 days ago.”
wholesale accounts, along with 10 independent specialty retailers in the southeastern U.S. We’re grateful to be in a position to expand our retail presence and build new wholesale relationships in order to serve more customers.” The outdoor goods retailer also will add Dillard’s and Moosejaw to its key U.S. billion in revenues.
Nisa’s wholesale category controller Darren Hamilton said: “Each year, the transition from December to January sees a huge shift in both consumer mindset and shopping habits as many begin to crave routine and structure after. This story continues at Nisa promotions target healthy New Year resolutions.
24, David Baxter will be promoted to President of the Americas, succeeding Stephanie Pugliese, who is stepping down and leaving the company; and Mehri Shadman has been appointed Chief Legal Officer and Corporate Secretary as current Chief Legal Officer John Stanton retires after 16 years with the company.
The wholesale product manufacturer creates, packages, and ships the product out to your customer for you, making this a low maintenance business model. In the current web-based world of retail and wholesale, dropshipping makes a lot of sense. What is Dropshipping? Why You Should Drop Ship. Basic Dropshipping Principles. back to top.
There are very few things more rewarding than seeing so many who have been promoted through the organisation during this time, achieving both personal and professional growth.” Barbeques Galore launched a B2B e-commerce site in May with the goal of expanding its wholesale operations in Australia and internationally.
The mass store closures prompted by COVID-19 in spring 2020 could have spelled disaster for equestrian specialty brand Kerrits , which had operated as a wholesale-only business for over 25 years. Once the pandemic hit, our wholesalers had to close their stores, and we had to rethink our entire email plan,” said Florin.
RISE Up provides foundational employability skills to help people land jobs and get promoted in retail and beyond. The current curriculum and exams were developed in collaboration with more than 20 retailers including Walmart , Macy’s , The Home Depot , Burlington Stores , BJ’s Wholesale Club and Nordstrom.
a robust online business and wholesale distribution at Neiman Marcus, Nordstrom, Bloomingdale’s and 600 specialty boutiques worldwide. In 2019, he was promoted to President and worked on several major initiatives, including accelerating omnichannel, expanding the brand’s retail footprint across the U.S.
Bestway Wholesale kicks off 2025 with its flagship Thank You event where exceptional deals are offered to its retailer customers, taking the lead with BOGOFs, Buy One Get One Free Offers and big savings with 50%+ PORs on leading brands and products.
The retailer procures authentic pre-owned designer goods through direct purchase from the public and industry-specific dealer auctions, and then sells items through online websites, online marketplaces and through various wholesale channels. The new showroom will offer appointment-only visits to promote customer comfort and safety.
The Australian Gift & Homewares Association (AGHA), which operates the Gift Fairs trade shows, has launched a collaboration with TradeSquare to provide its members with a means to wholesale trade homewares through their own dedicated landing page and member portal.
A Bestway Wholesale retailer has won a £5,000 depot credit as part of an exclusive partnership with Coca-Cola Europacific Partners (CCEP) following a promotion linked to football’s recent Euro 2020. This story continues at Bestway Wholesale retailer scores following summer football promotion.
Wholesale inventory bloat, combined with a softening demand in the economy, is taking its toll on cash flow and earnings at retailers. . ” Here are 7 tips for retailers on how to better manage their wholesale inventory and get rid of some of that product bloat: Return for a Refund or Credit. Retailers were sitting on $739.5
Beauty brand Glossier has expanded its all-women leadership team with three C-suite appointments, including the promotions of Marie Suter to Chief Creative Director and Kleo Mack to Chief Marketing Officer, as well as the hiring of former Chanel executive Chitra Balireddi as Chief Commercial Officer.
For the three months ended June 30, the company’s wholesale revenue dropped 6 per cent to $742 million, while direct-to-consumer revenue and owned and operated store revenue were up 4 per cent and 3 per cent, respectively. Under Armour started off its fiscal year 2024 with a net revenue of US$1.3 billion for the first quarter, down 2.4
Now, we’re moving further up the supply chain, with manufacturers and suppliers doing the same, shunning wholesale distribution in favour of a different model. The model gives suppliers more control over pricing and promotion. There’s no need to invest in extra staff, marketing or promotions.
We organize all of the trending information in your field so you don't have to. Join 40,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content