- Kohl’s appointed Arianne Parisi as its chief digital officer, effective July 28, amid a broad turnaround effort to restore profitability. Parisi will report to Michael Bender, who was appointed as interim CEO in May.
- Parisi joins the company after a 20-year career in retail, serving in digital or e-commerce leadership roles at JD Sports, Finish Line and Nordstrom. Most recently, she was EVP and global chief digital officer at JD Sports.
Kohl’s appoints digital chief amid turnaround plan | Retail Dive
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The Coalition for Paper Options (CPO) – the only stand-alone coalition devoted exclusively to protecting citizen access to paper-based information – proudly welcomes its newest members: the Association for Print Technologies (formerly NPES) and the Idealliance. These new members have joined with Printing Industries of America, the American Forest & Paper Association, the Envelope Manufacturers Association and a host of individual corporations in the paper manufacturing, printing and mailing industries as financial supporters of the Coalition for Paper Options’ efforts to protect access to paper-based resources and information. “By supporting the Coalition for Paper Options, the paper, printing and mailing industry is speaking out in a loud and unified voice against government efforts to limit access to important paper-based information,” said John Runyan, executive director of the Coalition for Paper Options. “Our coalition, however, is not just about industry, as evidenced by a wide range of consumer, senior, and rural groups which are also active members. We are all united in making sure that our nation embraces technology without penalizing citizens who still need or prefer traditional access to paper-based services offered by government and the private sector.” Click Read More below for additional information.
Dutch Bros posted another strong quarter and raised its guidance for same-store sales, revenues and adjusted EBITDA.
The fast-growing drive-thru coffee chain also continued to expand its footprint during the second quarter, opening 31 new shops across 13 states, for a total of 1.053 locations in 19 states. It remain on track to open “at least” 160 new shops this year. Dutch Bros said it expects to have 2,029 locations by 2029.
“If there’s one takeaway from today’s call, it is this: Dutch Bros is in growth mode and we are just getting started,” president and CEO Christine Barone told analysts on the company’s earnings call. “With a long term addressable market of 7,000 shops nationwide and just north of 1,000 shops today, the runway ahead is expansive.”
Congestion at the nation’s ports has largely disappeared as import levels have fallen amid economic uncertainty. That’s according to the Global Port Tracker report released Monday by the National Retail Federation and Hackett Associates. It found that while import cargo volume at the nation’s major container ports is climbing back from a nearly three-year low in February, it is expected to remain well below last year’s levels heading into the fall. “Consumers are still spending and retail sales are expected to increase this year, but we’re not seeing the explosive demand we saw the past two years,” NRF VP for supply chain and customs policy Jonathan Gold said.