Retail TouchPoints

MAY 27, 2022

Apple is reportedly planning to boost starting pay for U.S. store associates to $22 per hour, and even higher in certain markets, according to The Wall Street Journal. The increase would make starting salaries 45% higher than they were in 2018 as the retailer faces the challenges of a tight labor market and a unionization push.

Accounting 271

Accounting Location Marketing Planning 271

Inside Retail

NOVEMBER 16, 2022

Burberry’s new chief executive Jonathan Akeroyd will on Thursday set out his plan to finish the job started by his predecessor: boosting growth at the British luxury brand to the levels of its European rivals. Leather goods account for around 20 per cent of Burberry’s sales versus 70 per cent at Bottega Veneta.

Fashion 278

Fashion Department Stores Planning Accounting 278

Inside Retail

NOVEMBER 23, 2023

HMV fell into administration in 2013 and again in 2018, but under Putman’s ownership it has grown to over 120 UK outlets and returned to profit in 2022. It opened a store in Dublin in June, one in Antwerp on Thursday and plans further European expansion. Its resurgence has mirrored that of the vinyl market.

Returns 130

Returns Accessories Accounting Marketing 130

Retail TouchPoints

JULY 12, 2021

In 2018, Walmart beat out Amazon for a majority interest in the company, spending $16 billion for a 77% stake. The new funding is a major vote of confidence in the potential of digital commerce in India, still a relatively nascent market. billion population, but still with plenty of room for growth.

Wholesale 240

Wholesale Social Commerce Fashion Consumer 240

Retail TouchPoints

JUNE 9, 2023

According to Cooler Screens’ account, all was going well in the initial years of the arrangement, which included a successful three -month pilot in 2018 at six locations, followed by plans to expand to 2,500 stores. It also is paying $4.95

Advertising 293

Advertising Planning Accounting Customer Experience 293

Inside Retail

MARCH 14, 2024

In 1999, the Italian eyewear conglomerate Luxottica acquired the firm with plans to expand its sunglasses line. Robinson Optical Inc, a family-run eyewear company that has been running since 1926, in 2018. Robinson recalled that the company originally had plans to set up the shop back in 2019, “But we know where this story ended up.

Location 130

Location Wholesale Consumer Planning 130

Retail TouchPoints

SEPTEMBER 22, 2022

Unfortunately, the facts indicate Kohl’s lacks the right leadership for the exceedingly challenging period ahead — one that will require the Company to reverse high-single-digit sales declines, contain capital expenditures and operating expenses, and immediately optimize fulfillment, marketing and merchandising.”. The fact is that Ms.

Operating Expenses 237

Operating Expenses Fulfillment Management Accounting 237

Inside Retail

MARCH 23, 2022

With the global luxury goods market expected to be worth around US$430 billion* by 2025 – and Chinese luxury consumption set to account for nearly half of that – Lanvin Group said it sees itself as “well-positioned to capture the enormous growth potential driven by flourishing demand for luxury goods globally”.

ATS 130

ATS Fashion Accounting Point of Sale 130

Inside Retail

JUNE 30, 2021

According to Takashimaya, even before the global health crisis, businesses around the world were seeking to become more sustainable, but the pandemic moved them to act on those plans. The global sustainable plastic packaging market is projected to grow by 5.6 billion by 2025, according to a study from Research and Markets.

Department Stores 246

Department Stores Beauty and Health Accounting Promotions 246

Inside Retail

DECEMBER 8, 2022

Greenstreat was founded by brothers Jackson and Jesse McGrath, who grew up making salad dressings, sauces and glazes with their family, and selling the products at markets across Australia’s east coast. Brisbane is a different beast, and it took longer to build that brand recognition because it’s a new market,” McGrath said.

Location 264

Location Accounting Planning Customer Experience 264

Retail TouchPoints

JULY 14, 2022

She has been CEO of PINK since 2018 and previously spent a decade at Bath and Body Works. Hauk will lead Victoria’s Secret as it integrates the merchandising, planning, marketing and creative teams to speed the company’s test and learn agenda and better engage customers. Christine Rupp has been named Chief Customer Officer.

Merchant Services 227

Merchant Services Planning Fulfillment Advertising 227

Retail TouchPoints

FEBRUARY 22, 2021

In the end, Kerrits closed out 2020 with growth in both its wholesale and DTC channels, with the latter increasing by an impressive 150% , according to Sara Florin, Senior Director of Branding and Marketing at Kerrits in an interview with Retail TouchPoints. The company launched its DTC site on Shopify , and then Florin joined in late 2018.

Wholesale 226

Wholesale Accounting Marketing Outdoor 226

Inside Retail

JANUARY 28, 2022

H&M grew its online business by 24 per cent last year to the point e-commerce now accounts for about one-third of its total sales. Announcing the results, Helmersson revealed a plan for H&M to double its group sales by 2030 as well as halving its carbon emissions. “We per cent on the pre-pandemic 2018-19 year.

Net Profit 130

Net Profit Fast Fashion Fashion Apparel 130

Retail TouchPoints

JULY 9, 2021

Lowe’s signed a renewable energy agreement in November 2018 that will provide for enough energy to power all of its 143 stores in Texas. Walmart has announced plans to emit zero carbon in its stores by 2040. Lighting accounts for 50% of energy costs for non-food retailers. Achieving Energy Efficiency: Where Do I Begin?

Management 263

Management Accounting Customer Experience Finance 263

Inside Retail

SEPTEMBER 6, 2022

A decade ago, convenience stores were a rare sight in Vietnam, where the vast majority of the population was used to shopping in traditional markets or mom-and-pop stores for everyday grocery needs. In recent years, the nation’s convenience store market has seen rapid escalation – and sophistication – in the larger cities.

Payment Services 130

Payment Services Supermarket Marketing Kiosk 130

Retail TouchPoints

DECEMBER 27, 2022

In fact, 73% of consumers currently connect with businesses via voice calls, and one-third plan to do even more business through voice in the next year. Meeting and exceeding the expectations of customers is critical for retail brands as the market continues to become even more competitive.

Customer Experience 310

Customer Experience Consumer Accounting Marketing 310

Inside Retail

OCTOBER 6, 2021

When Hannon Comazzetto started Australian re-commerce platform AirRobe in 2018, resale was still quite niche locally – pursued by a small but passionate group. The resale market is expected to grow five times in the next five years, so fashion brands and retailers really can’t ignore it. Tapping into gen Z spending power.

Payment Services 246

Payment Services Fashion Accessories Checkout 246

Inside Retail

JANUARY 19, 2023

Most recently the chief commercial officer at Flybuys, Seymour-Walsh was reported to be responsible for the brand’s loyalty offer, which oversaw partner relationships, rewards, and digital marketing. According to WWD , the release was created by a culture activist The Yes Men and sent from a bogus Adidas account.

Payment Services 130

Payment Services Wholesale Finance Apparel 130

Inside Retail

JANUARY 3, 2024

billion in 2018 – a 28.2 It now accounts for just over 18% of retail spending in Australia, up from 10 per cent in 2018. Aussie consumers spent a whopping A$353 billion on retail goods in 2022 compared with $275.3 per cent increase. Over the same period, online retail spending increased by 132 per cent from $27.5 billion to $63.8

Department Stores 147

Department Stores Shopping Outdoor Consumer 147

Retail TouchPoints

OCTOBER 4, 2022

Marketers have been gorging on them for decades, addicted to the delicious data they provide. As a digital marketer, you know where we’re going with this. Other kinds of cookies come with their own merits for marketers. Is contextual marketing the new black? Delicious in the moment but destructive in the long run.

Advertising 259

Advertising Drop-Shipping Marketing Shipping 259

Inside Retail

DECEMBER 2, 2021

In 2013, he founded Off White, and he became the men’s artistic director of Louis Vuitton in 2018. The Alquemie Group remains in a very strong position with exciting plans for the future and a strong executive team that is focused on delivering growth.”. PepsiCo Australia and NZ welcomes new CEO from US business.

Fashion 130

Fashion Management Accounting Customer Experience 130

Retail Gazette

JUNE 29, 2023

WH Smith saw their biggest growth in the US market with 12% coming from the retail market in American airports, according to the BBC World Service Marketplace Morning Report. Cowling also revealed that they plan to spend £120 million over the next year to open shops in the US and across Europe.

Accounting 57

Accounting Planning Shopping Retail Marketing 57

Inside Retail

APRIL 18, 2023

Sportswear retailer LSKD has been expanding rapidly throughout Australia in recent years, and has now set its sights on a bigger market: the US. We didn’t plan on opening an office, but our first US team member has been here for almost two years. JD: We don’t have any concrete plans yet, but we will.

Wholesale 243

Wholesale Planning Location Marketing 243

Inside Retail

DECEMBER 6, 2021

Bottega Veneta went first, deleting its Instagram account and wiping its Facebook page of everything but a profile picture in January. Then came Lush, shutting down its Instagram, Facebook, TikTok, and Snapchat accounts in November , leaving it with a presence on Twitter, YouTube, and Pinterest. . They both quit social media this year.

Advertising 130

Advertising Outdoor Accounting Marketing 130

Inside Retail

JUNE 24, 2021

In his new role, Wood will lead the newly created strategic partnerships team which will provide account management tailored to the company’s clients’ needs and champion an insight led partnership model. He will be reporting to Jodie Koning, Cartology head of Marketing and Insights. Susman will stay on as a board member. “As

Department Stores 147

Department Stores Management Apparel Accounting 147

Inside Retail

AUGUST 14, 2022

The rental market in Vietnam, particularly in the CBDs of its largest cities, is rebounding well after the dog days of FY21. The optimistic outlook has led retailers in the Vietnam region to dust off their pre-pandemic expansion plans and accelerate store openings. The Vincom Plaza format accounts for 50 per cent of company floorspace.

Beauty and Health 130

Beauty and Health Shopping Planning Marketing 130

Inside Retail

OCTOBER 12, 2023

Guzman Y Gomez appoints Hilton Brett as co-CEO By Celene Ignacio Quick service restaurant Guzman Y Gomez (GYG) has appointed Hilton Brett as co-CEO, effective immediately, as the company plans to launch an initial public offering and further expand in the US.

Returns 130

Returns Fashion Finance Accounting 130

Retail TouchPoints

JUNE 9, 2021

According to Coresight Research ’s Inside the World of Amazon’s Private Label Offering report, Amazon now has over 22,617 products from 111 private label brands across nearly every category — three times the number of brands they had in 2018. Amazon controls the inventory, marketing and promotional strategy.

Consumer 290

Consumer Fashion Promotions Advertising 290

Retail TouchPoints

NOVEMBER 9, 2023

It wouldn’t be precisely accurate to count Bookshop.org among the successful conquerors, since its 1% market share of print book sales is dwarfed by Amazon’s approximately 50% (by some estimates, it’s even more). But then, “from the years of like 2009 to 2018, I just watched Amazon start eating everybody’s lunch,” he said.

Shopping 293

Shopping Fulfillment Accounting Promotions 293

Retail TouchPoints

AUGUST 11, 2022

Not to mention consumers love them, with 80% saying they plan to purchase more gift cards in 2022. Responsibility for your gift card program typically lives in the marketing department. Gift card programs are an important marketing strategy for brands and can make a meaningful impact on your bottom line.

Payment Services 229

Payment Services Management Fulfillment Location 229

Inside Retail

AUGUST 23, 2021

Beros was general manager of Catch Group’s Scoopon and Bon Voyage businesses until 2018, and Proud, who is Little Birdie’s CTO and COO, was general manager of operations at Catch.com.au Shoppers can further personalise the products and deals they see by creating an account and following brands and retailers. until 2020.

Consumer 130

Consumer Planning Marketing Accounting 130

Inside Retail

MAY 24, 2022

A bundle of surprises awaited the Swedish furniture giant Ikea when it entered India in 2018. As it unpacks the market layer by layer, Ikea’s range of services and products is constantly expanding to suit the evolving needs of Indian shoppers. It’s not about capturing at the market share but growing the market itself.

Home Furnishings 147

Home Furnishings Consumer Marketing Accounting 147

Inside Retail

JANUARY 26, 2023

Back in 2009, industrial designer Meindert Wolfraad identified a gap in the market for practical, comfortable and stylish commuter bikes that would enable Sydney-siders to get around, similar to what he saw growing up in the Netherlands. As it turns out, the world had different plans for me!

Planning 243

Planning Consumer Management Marketing 243

Inside Retail

NOVEMBER 23, 2021

Since launching in the UK in 2018, furniture brand Maker & Son has quickly established itself as a go-to furniture brand for comfort, with its popular Instagram videos of a woman throwing herself onto the large cushioned sofas captivating consumers. Local manufacturing.

Shipping 130

Shipping Accounting Planning Consumer 130

Inside Retail

NOVEMBER 22, 2022

billion at today’s exchange rates, accounting for close to a quarter of the revenue from the company’s department store business. This year, Isetan-Mitsukoshi projects sales to return to pre-pandemic levels and even beat the record set in 2018. In 2019, it brought in 233.5 billion yen, or about $2.5 per cent in 2020.

Department Stores 130

Department Stores Boutique Accounting Returns 130

Retail Gazette

FEBRUARY 11, 2024

However, the conglomerate sold its UK business to private equity firm Aurelius in November 2021 for £477m when it sought to fully exit the European market. Accounts on Companies House show the closures continued in the subsequent years with 17 stores in 2018, 60 in 2019, 76 in 2021 and 41 in 2022.

Wholesale 127

Wholesale Supermarket Accounting Management 127

Retail TouchPoints

APRIL 2, 2021

Back in 2018, the fast food chain cheekily escalated the burger wars to the next level with creative use of technology to make the headlines. Imagine how effective your marketing spend is if you’re confident in the channels your customers are using? Rewards include shopping bonuses and entries for shopping spree sweepstakes.

Customer Experience 149

Customer Experience Specialty Retailers Marketing Spend Management 149