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Vince Holding Corp. Changes Hands, Former CEO Brendan Hoffman to Return to the Helm

Retail TouchPoints

The brand also is sold in premium wholesale channels around the world and has a subscription service, Vince Unfold , that is operated by CaaStle. Vinces Interim CEO David Stefko will step down from that role and resume his position on the brands board of directors.

Returns 281
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Preparing for the Post-Holiday Return Surge

Retail TouchPoints

During the pandemic, ecommerce returns majorly impacted retailers profit margins. As customers return to in-store shopping, retailers are continuing to face an increase in returns from online and in-store sales. This holiday season, consumers who frequently make returns may be in for a surprise.

Returns 162
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Ollie’s Buys 40 Big Lots Locations, Supporting Plans for 75 New Stores in 2025

Retail TouchPoints

Other low-price retailers have been buying stores from the now-bankrupt Big Lots; in December 2024 Variety Wholesalers announced plans to purchase 200 to 400 Big Lots stores in the wake of the retailers September 2024 voluntary Chapter 11 filing.

Planning 261
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Nike Returns to Wholesale With DSW, Macy’s Partnerships

Retail TouchPoints

The selections will include items from multiple apparel types across the men’s, women’s and kids categories, and marks the return of Nike to wholesale after it began slashing third-party offerings in late 2021. The return of Nike in Q4 2023 could help improve revenue for Designer Brands, which saw a sales decline of 10.7%

Wholesale 263
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$400 Million Funding Round Pushes Wholesale Marketplace Faire’s Value to $12.4B

Retail TouchPoints

Online B2B wholesale marketplace Faire has closed a $400 million Series G funding round, its third in the last year. The Series G funding round was co-led by new investor Durable Capital Partners and returning investors D1 Capital Partners and Dragoneer.

Wholesale 327
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DoorDash Debuts Package Pickup Service to Streamline Returns

Retail TouchPoints

DoorDash has introduced Package Pickup, allowing consumers across the country to have the service deliver up to five return items per trip to UPS, FedEx or the USPS. Consumers can attach prepaid shipping labels to their returns or send a shipping QR code directly to their “Dasher” via the DoorDash app. “We trillion sold by U.S.

Returns 278
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Do You Have What It Takes to go from Wholesale to DTC?

Retail TouchPoints

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. Fulfillment and Returns. to visit your website.

Wholesale 279