Business
Tokmanni and Europris Tap CBX for PLM
[et_pb_section fb_built="1" _builder_version="4.5.6" _module_preset="default"][et_pb_row _builder_version="4.5.6" _module_preset="default"][et_pb_column type="4_4" _builder_version="4.5.6" _module_preset="default"][et_pb_text _builder_version="4.5.6" _module_preset="default"]Tokmanni, the largest general discount retailer in Finland and Europris, the largest general discount retailer in Norway have selected CBX Software's Product Lifecycle Management (Retail PLM) solution. Tokmanni and Europris are both well-known throughout Finland and Norway, offering their customers an inspirational shopping experience for all retail sales channels. Known to have a wide range of products such as tools, electrical equipment, clothing, home décor, garden, home cleaning, personal care, and food. Tokmanni and Europris offer a wide assortment at affordable prices in almost 200 stores around Finland and Europris operate 235 stores
Love’s Expands Private Brand
[et_pb_section fb_built="1" _builder_version="4.5.6" _module_preset="default"][et_pb_row _builder_version="4.5.6" _module_preset="default"][et_pb_column _builder_version="4.5.6" _module_preset="default" type="4_4"][et_pb_text _builder_version="4.5.6" _module_preset="default" hover_enabled="0"]Oklahoma City-based gas and convenience retailer Love's Travel Stops & Country Stores now has more snack and drink options available for customers with the expansion of its Love's private brand range. New candy and water options are now available. "We listen to what our customers want and what they want is superior products at competitive prices," said Mark Romig, director of merchandising for Love's. "Based off customer feedback, we've added new candy options this year and removed two that didn't resonate. We'll continue to introduce new products to keep
The Vitamin Shoppe Appoints Muriel Gonzalez EVP, Chief Merchandising & Marketing Officer
[et_pb_section fb_built="1" _builder_version="4.4.9"][et_pb_row _builder_version="4.4.9"][et_pb_column type="4_4" _builder_version="4.4.9"][et_pb_text _builder_version="4.4.9"]The Vitamin Shoppe announced this week that it has appointed Muriel F. Gonzalez as Executive Vice President, Chief Merchandising and Marketing Officer. In this new role, Ms. Gonzalez will spearhead all merchandising, marketing, product development, and private brand initiatives, driving a cohesive and integrated vision for The Vitamin Shoppe's ongoing reinvention. Ms. Gonzalez brings deep expertise from a distinguished, four-decades long career in senior roles at Macy's, Bergdorf Goodman, Estée Lauder, Saks Fifth Avenue, and Ann Taylor. She reports to Sharon M. Leite, Chief Executive Officer of The Vitamin Shoppe. Commenting on the appointment, Ms.
Brandless Returns!
[et_pb_section fb_built="1" _builder_version="4.4.9"][et_pb_row _builder_version="4.4.9"][et_pb_column type="4_4" _builder_version="4.4.9"][et_pb_text _builder_version="4.4.9"]Over the last few months, the remnants of the failed online retailer Brandless has been working day and night to bring the retailer back to life. The resurrected company continues its dedication all private brand high-quality everyday essentials at an incredible value. Over the next few months, new items will be added to the range. According to their announcement: "As we continue our journey, we want to say thank you! Thank you for trusting us, thank you for being a part of our community, and thank you for your continued love, feedback and support."
Bezos Testifies Before Congress – Private Brand Under Attack!
[et_pb_section fb_built="1" _builder_version="4.4.9"][et_pb_row _builder_version="4.4.9"][et_pb_column _builder_version="4.4.9" type="4_4"][et_pb_text _builder_version="4.4.9" hover_enabled="0"]On Wednesday, Amazon CEO Jeff Bezos, appeared virtually to testify before Congress, and along with CEOs from Facebook, Apple and Google to answer questions about anti-competitive behavior. During the five-hour-long Q&A session, Bezos answered questions, ranging from private brand to counterfeit products. The questioning was intense, and Bezos often did not have answers the committee members liked. When Rep. Pramila Jayapal asked him whether Amazon has ever used third-party seller data to create private brand products, Bezos said, “I can’t answer yes or no to that question. “We have a policy against using seller-specific data to aid
Jeff Bezos CEO of Amazon’s Opening Statement to the U.S. House Committee
[et_pb_section fb_built="1" _builder_version="4.4.9"][et_pb_row _builder_version="4.4.9"][et_pb_column type="4_4" _builder_version="4.4.9"][et_pb_text _builder_version="4.4.9"]Statement by Jeffrey P. Bezos Founder & Chief Executive Officer, Amazon before the U.S. House of Representatives Committee on the Judiciary Subcommittee on Antitrust, Commercial, and Administrative Law July 29, 2020 Thank you, Chairman Cicilline, Ranking Member Sensenbrenner, and members of the Subcommittee. I’m Jeff Bezos. I founded Amazon 26 years ago with the long-term mission of making it Earth’s most customer-centric company. My mom, Jackie, had me when she was a 17-year-old high school student in Albuquerque, New Mexico. Being pregnant in high school was not popular in Albuquerque in 1964. It was
Albertsons Commits to 30% Private Brand Penetration
[et_pb_section fb_built="1" _builder_version="4.4.9"][et_pb_row _builder_version="4.4.9"][et_pb_column _builder_version="4.4.9" type="4_4"][et_pb_text _builder_version="4.4.9" hover_enabled="0"]Albertsons Companies, Inc. today reported results for the first quarter of fiscal 2020, which ended June 20, 2020. "I am inspired by the many ways my colleagues continue to step up to serve our customers and help our communities around the country during this time of need," said Vivek Sankaran, President and Chief Executive Officer. "Their hard work and dedication have also allowed us to successfully navigate this extraordinary environment and we have accelerated our digital and eCommerce strategy to adapt to market conditions. We generated strong financial performance in the first quarter,
Private Brand Takes Center Stage in Sobey’s New Project Horizon
[et_pb_section fb_built="1" _builder_version="4.4.9"][et_pb_row _builder_version="4.4.9"][et_pb_column type="4_4" _builder_version="4.4.9"][et_pb_text _builder_version="4.4.9"]Empire Company Limited today outlined its new three-year strategy to deliver an incremental $500 million in annualized EBITDA by the end of fiscal 2023. Building from the overwhelming success of Project Sunrise, Empire’s previous three-year strategy, the Company is well-positioned to accelerate a new ambitious growth plan. Empire is a Canadian company headquartered in Stellarton, Nova Scotia. Empire’s key businesses are food retailing, through wholly-owned subsidiary Sobeys Inc., and related real estate. “Empire now has the team, the structure, and the vision to achieve its sales and earnings potential,” said Michael Medline, President &
Big Lots Appoints Jack Pestello as Chief Merchandising Officer
[et_pb_section fb_built="1" _builder_version="4.4.9"][et_pb_row _builder_version="4.4.9"][et_pb_column _builder_version="4.4.9" type="4_4"][et_pb_text _builder_version="4.4.9" hover_enabled="0"]Big Lots today announced that Jack Pestello has been appointed Executive Vice President, Chief Merchandising Officer of Big Lots, effective July 27, 2020. Mr. Pestello succeeds Lisa Bachmann who, as previously announced, will be retiring after a transition period. Mr. Pestello will report directly to Bruce Thorn, President and Chief Executive Officer of Big Lots. Mr. Pestello joins Big Lots following seven years in leadership roles at Walmart and with over 25 years of global retail experience spanning merchandising, sourcing, category and brand development. At Walmart, he most recently served as Senior Vice President and General Merchandise Manager
Bed Bath & Beyond Appoints Williams-Sonoma Vet Neil Lick To Lead Private Brand
[et_pb_section fb_built="1" _builder_version="4.4.9"][et_pb_row _builder_version="4.4.9"][et_pb_column _builder_version="4.4.9" type="4_4"][et_pb_text _builder_version="4.4.9" hover_enabled="0"]Bed Bath & Beyond today announced the appointment of industry veteran Neil Lick as Senior Vice President (SVP), Owned Brands. Lick, formerly of Williams-Sonoma, will lead a newly formed team that expects to develop and launch a portfolio of customer-inspired private brands from 2021. The retailers strategy includes a sharper focus on product curation and differentiation as well as higher penetration of owned brands in core categories such as bed, bath and kitchen. Executive Vice President, Chief Merchandising Officer, Joe Hartsig said: "To rebuild Bed Bath & Beyond's authority as the leading omnichannel Home
