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Former L’Occitane CEO Looks to Acquire, Privatize the Company

Retail TouchPoints

L’Occitane Groupe, the controlling shareholder of L’Occitane International , has submitted an offer to acquire the remaining shares of the French beauty retailer in a bid to take the company private. USD) per share since the company’s IPO on the Hong Kong Stock Exchange in 2010.

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The 5 Best Marketing Automation Companies of 2021

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Or you could get a marketing automation company to do everything. Don’t just look for a marketing automation tool, find a marketing automation company (agency) that can help you with everything. The 5 Best Marketing Automation Companies. I truly believe we’re one of the best companies at content, period.

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Macy’s Declines to Spin Off Ecommerce Operations, Citing ‘High Execution Risk’

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Following better-than-expected Q4 and full-year 2021 results, the Macy’s, Inc. Board of Directors announced that the company’s ecommerce operations will remain integrated within the larger business, not spun off into a separate company. . in a statement.

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WSJ: Saks Fifth Avenue Pursuing IPO for its Digital Operations

Retail TouchPoints

Saks was last valued at $2 billion in March 2021 when the company split off its ecommerce business from the brick-and-mortar operations, now called SFA. The digital retailer has since stated that it experienced 82% growth between Q2 2019 and Q2 2021. Petco kicked off the parade, debuting at $6.4

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Nordstrom to Wind Down Canada Operations, Closing 13 Stores and Ecommerce Site

Retail TouchPoints

The ecommerce site closed on March 2, and the company expects to wind down its brick-and-mortar operations by late June 2023. Nordstrom’s Canadian operations employ approximately 2,500 people. “We compared to Q4 2021. in a statement. During Q4, which ended Jan. 28, 2023, net sales decreased 4.1%

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b8ta Ends U.S. Operations but the Experiential Trailblazer Leaves Multiple Lessons for Other Retailers

Retail TouchPoints

brick-and-mortar operations on Feb. 18, 2022, according to the company website. The brand’s international businesses, b8ta Japan and b8ta MENA in the UAE, remain operational, and the Japanese business has acquired the brand’s licenses in Japan, according to TechCrunch. “It Experiential retailer b8ta officially shut down its U.S.

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#RICE24 Community Convos: Justin Tichy, Chief Operating Officer, Petco 

Retail TouchPoints

billion in 2021. That’s why companies like Petco are doubling down on […] According to the American Pet Products Association, Americans spent $136.8 billion on their pets in 2022, up from $123.6