Retail TouchPoints

OCTOBER 18, 2024

To enter, members just need to log into their Diamond account between now and Nov. We know one-third of bridesmaids are engaged brides and almost half of brides are also bridesmaids,” said Kelly Cook, President of Brand, Technology and Finance at David’s Bridal in a statement.

Finance 279

Finance Accessories Shipping Accounting 279

Retail TouchPoints

OCTOBER 21, 2024

In 2023, fraudulent returns accounted for a staggering 13.7% One common tactic is receipt fraud, where fraudsters will attempt to return stolen items or items purchased at a discounted price, with an altered or fake receipt. Refund fraud is a significant issue for U.S. retailers, costing billions of dollars annually.

Returns 273

Returns Accounting Payment Services Location 273

Retail TouchPoints

JULY 9, 2020

Ascena Retail Group is reportedly preparing to file for Chapter 11 bankruptcy and shutter at least 1,200 of its 2,800 locations, people familiar with the matter told Bloomberg. The company closed all stores and furloughed all store associates in March at the height of the shutdown. Brick-and-mortar accounts for 60%.

ATS 210

ATS Accounting Location Store Operations 210

Retail TouchPoints

MAY 12, 2021

Delek US Holdings will implement AI-powered self-checkout at more than 70 Delek DK convenience stores in Texas by late summer 2021, through a partnership with Mashgin. Delek is adopting the technology to speed up the in-store shopping experience and improve safety, which remains a concern even at the tail end of the pandemic.

Checkout 190

Checkout ATS Kiosk Accounting 190

Retail TouchPoints

JULY 12, 2021

Yet by all accounts, expanding distribution to online marketplaces has been a solid move for the company. We always try to encourage marketplace diversification ,” said Tracey Lackey, Account Manager for Party City at ChannelAdvisor in an interview with Retail TouchPoints. “ The Definition of a Pandemic Pivot.

ATS 293

ATS Advertising Consumer Accounting 293

Mass Relators

SEPTEMBER 12, 2022

PHILADELPHIA — Rite Aid announced on Monday that Steve Bixler, vice president of financial accounting, will become the new chief accounting officer effective Jan. Bixler has served in accounting roles at Rite Aid for the last 21 years and was promoted to his current role as vice president in 2020.

Accounting 52

Accounting Promotions Marketing ATS 52

Retail TouchPoints

DECEMBER 22, 2020

Seeking to minimize customers’ return complexities, Walmart has partnered with FedEx for at-home pickup of unwanted gifts or ill-fitting apparel. The free service will extend beyond the 2020 holiday season, according to a blog post by Linne Fulcher, VP, Customer Strategy, Science and Journeys for Walmart U.S.

Returns 257

Returns Drop-Shipping ATS Shipping 257

Retail TouchPoints

NOVEMBER 16, 2020

CVS Pharmacy has implemented touch-free checkout using PayPal and Venmo QR codes at all 8,200 standalone retail locations, reaching a milestone set at the start of the partnership in July 2020. Those without existing PayPal or Venmo accounts can sign up and link their preferred payment method within minutes.

Checkout 177

Checkout Location ATS Accounting 177

Retail TouchPoints

NOVEMBER 24, 2020

Major shopping days like Black Friday and Cyber Monday have traditionally been big days for cybercriminals, and they will continue to follow the money in 2020. Organizations will typically deploy a mix of EDR (Endpoint Detection and Response) solutions and deception technology to disrupt an attacker’s activities at this point.

Management 161

Management Shopping Accounting ATS 161

Retail TouchPoints

MAY 12, 2023

Smith brings extensive experience in retail finance posts, including serving as CFO at Walmart from 2010 to 2014 and at Target from 2015 to 2020. Most recently, she was Chief Administrative Officer and CFO at Bright Health Group. Morris’ most recent role was as SVP of Enterprise Business Services at Walmart.

Finance 339

Finance Accounting Planning ATS 339

Retail TouchPoints

APRIL 2, 2024

The Amazon Counterfeit Crimes Unit (CCU), established in June 2020 , stopped more than 700,000 attempts by bad actors to create fake selling accounts in 2023. That’s down from 6 million would-be fake account attempts that were thwarted in 2020, the year that the CCU launched — an 88% decrease in less than four years.

Loss Prevention 252

Loss Prevention Accounting Apparel Consumer 252

Retail TouchPoints

OCTOBER 18, 2023

Prior to that she was EVP of Supply, North America at PVH from 2020 to 2021, building on an extensive tenure across several supply chain leadership roles for key businesses within the PVH portfolio, including Calvin Klein North America and The Underwear Group from 2013 to 2020.

Finance 271

Finance Accounting Store Operations Planning 271

Cisco Retail

APRIL 20, 2021

That’s why MITRE Engenuity focused on hacker groups Carbanak and FIN7 in the 2020 ATT&CK® Evaluation. That’s why we jumped at the chance to participate in this year’s Evaluation with Cisco Secure Endpoint. This action accounted for over 38% of the contributions to our findings during the evaluation. Orbital Advanced Search.

Accounting 135

Accounting ATS 135

Retail TouchPoints

MARCH 29, 2021

Nike has reportedly closed its accounts with DSW , Urban Outfitters , Shoe Show , Dunham’s Sports , Olympia Sports and Big 5 Sporting Goods as the retailer pulls out of specialty retailers and department stores, according to Forbes and other media outlets. billion , accounting for 35% of gross sales, according to Forbes.

Sporting Goods 318

Sporting Goods Wholesale Specialty Retailers Accounting 318

Retail TouchPoints

APRIL 19, 2024

Lowe’s has partnered with the world’s best-known soccer player, Lionel Messi, and his MLS Club Inter Miami CF , for programs that spotlight Messi’s skills at assisting on the field. Members must claim their points on their account dashboard by May 18.)

Accounting 272

Accounting Returns Marketing ATS 272

Retail TouchPoints

SEPTEMBER 20, 2024

It’s not exactly startling news; by now, most policymakers and consumers are aware, at least at a high level, that social media and streaming services have been collecting user data for years , often without clear indications that they were doing so or opportunities for users to opt out.

Consumer 261

Consumer Accounting Advertising Social Commerce 261

Retail TouchPoints

FEBRUARY 19, 2021

The employees are Chris Smalls, who was fired in March 2020 , and Derrick Palmer, who received a final written warning in April 2020. Amazon officially paused productivity-related discipline in March 2020, but James alleged that the retailer did not communicate this fact “clearly and/or in writing” before July 10, 2020.

Fulfillment 144

Fulfillment ATS Accounting 144

Mass Relators

APRIL 13, 2021

grocery purchasing in 2020, consumers continued to favor store brands for about one of every four purchases across all major food and nonfood categories based on the industry’s latest annual sales data, says the Private Label Manufacturers Association. The 2020 sales figures bear that out.”.

Accounting 52

Accounting Supermarket Consumer Marketing 52

Retail Times

JUNE 14, 2021

China accounted for the lion’s share of the global mobile gaming* market. In 2020, 35% of global mobile gaming revenue was generated in China, according to GlobalData, a leading data and analytics company.

Accounting 59

Accounting ATS Marketing 59

Retail TouchPoints

AUGUST 31, 2020

Retail’s Q2 2020 financial results saw a continuation of the trends that companies have been seeing for months: staggering upticks in online spend, greater interest in buy online, pickup in-store (BOPIS) and curbside services and a continued shift away from mall-based retailing. Data-Driven Strategy Helps Outdoor Retailers Maximize Revenue.

Consumer 139

Consumer Shopping Sporting Goods Outdoor 139

Retail TouchPoints

OCTOBER 19, 2022

SVP and Chief Accounting Officer Michael Maher will step into the role on an interim basis while the company conducts an internal and external search for a permanent CFO. “As Maher has more than 25 years of finance and accounting experience and joined Nordstrom in 2009 as controller.

Finance 271

Finance Accounting Management ATS 271

Retail TouchPoints

DECEMBER 27, 2022

Ecommerce accounted for 21.6% consumers approached their holiday shopping — from hunting for the best deals to making trade-offs that stretched gift-giving budgets,” said Michelle Meyer, North America Chief Economist at the Mastercard Economics Institute in a statement. The payment company saw that online sales grew 10.6%

Accounting 284

Accounting Consumer Shopping ATS 284

Inside Retail

MARCH 23, 2022

Chinese fashion company Lanvin Group is set to list on the New York Stock Exchange via a special purpose acquisition company (SPAC), in a deal valuing the business at up to US$1.9 Greater China accounted for 14 per cent of the group’s global revenue last year, with North America contributing 33 per cent (15 per cent excluding St John Knits).

ATS 130

ATS Fashion Accounting Point of Sale 130

Retail TouchPoints

SEPTEMBER 6, 2022

The retailer has named SVP and Chief Accounting Officer Laura Crossen as Interim CFO, according to a regulatory filing. Arnal joined Bed Bath & Beyond in May 2020 alongside three other C-level leaders. His prior experience included 20 years in financial roles, most recently as CFO at Avon.

Accounting 246

Accounting Planning ATS Store Operations 246

Cisco Retail

APRIL 22, 2021

I am excited to share with you that Cisco Secure Endpoint (formerly AMP for Endpoints) has successfully completed the 2020 MITRE Engenuity ATT&CK® Evaluation. This action accounted for over 38% of our findings during the evaluation. This allows you to know exactly what was happening on your endpoint at that point in time.

Accounting 95

Accounting Planning ATS 95

Retail TouchPoints

DECEMBER 16, 2022

“The representation of our future digital selves will be as important and, if you’re measuring by sheer volume of interactions, maybe more important than how we represent ourselves physically,” said Oana Ruxandra, CDO and EVP of Business Development at WMG in a statement.

Fashion 283

Fashion Accounting Consumer Promotions 283

Retail TouchPoints

JUNE 4, 2024

Now, starting June 6, ShopShops’ dedicated Century 21 NYC hosts also will share livestreams on Century 21’s TikTok account. The TikTok Shop launch marks another milestone for the storied off-price retailer, which filed for bankruptcy and shuttered all of its stores in 2020.

Shopping 273

Shopping Returns Fashion Accounting 273

Retail TouchPoints

APRIL 20, 2023

However, Amazon did say that through the pilot of ACX, it already has detected hundreds of matching accounts, where the same counterfeiter tried to create selling accounts on Amazon and at least one other store operator. “We Amazon has long been working to combat counterfeiters on its own site.

Accounting 270

Accounting Store Operations Shopping Customer Experience 270

Retail TouchPoints

APRIL 4, 2023

In its third annual Brand Protection Report , Amazon highlighted the success of its ongoing efforts to fight counterfeit products and said that 2022 saw more criminal referrals and industry partnerships than ever before at the company. million attempts in 2021 and 6 million attempts in 2020. Holding counterfeiters accountable legally.

Accounting 260

Accounting Consumer Shopping Marketing 260

Retail TouchPoints

APRIL 21, 2021

Pinterest also is launching multi-feed support for Catalogs, a new feature that will help businesses easily upload their products in multiple product feeds within the same Pinterest Business account. Shopify merchants, as well as any retailer with a Pinterest business account, can now add up to 20 product feeds to their account.

Marketing 317

Marketing Accounting Advertising Consumer 317

Retail TouchPoints

JANUARY 28, 2022

reported during 2020, but despite soaring ecommerce adoption, online returns will remain in line with recent years at 20.8%. According to the NRF, online sales accounted for $1.05 The total rate of returns is up from the 10.6% Online returns are always higher than that of stores, as much as 3X more for some categories.

Returns 297

Returns Apparel Accounting Consumer 297

365 Retail

JUNE 16, 2021

With fewer opportunities to spend during the coronavirus lockdowns and large parts of the economy shut, the total number of payments across the UK fell in 2020 for the first time in six years. million use cash only once a month or not at all. During 2020, 13.7 Contactless payments accounted for 9.6 There were 15.8

Finance 52

Finance Supermarket Accounting Consumer 52

Retail TouchPoints

APRIL 9, 2021

eBay is hosting a series of in-person product authentication events for collectors across the country to promote its new online Authenticity Guarantee program, which rolled out in October 2020. By comparison, new watches comprise 57% of the total watch inventory on eBay, but only account for 33% of total watch sales.);

Promotions 232

Promotions Accounting Marketing ATS 232

Inside Retail

NOVEMBER 30, 2023

million in 2020 and representing a CAGR of 12.8 The first-class segment accounted for 40.6 per cent of the global online in-flight shopping market in 2020 and is expected to continue this trend. per cent of the market, but the low-cost segment is predicted to grow at a faster rate. million by 2030 – up from US$232.3

Marketing 130

Marketing Shopping Accounting ATS 130

Retail TouchPoints

DECEMBER 7, 2021

But by all accounts the overall marketplace opportunity is only expanding, with companies increasingly turning to third-party marketplaces as a way to broaden their ecommerce offering. Marketplacer launched in the U.S. earlier in 2021 and faces stiff competition from established U.S.

Accounting 292

Accounting Supermarket Marketing Management 292

Retail TouchPoints

SEPTEMBER 27, 2024

While AEO declined to comment, Amazon did not respond at publishing time. The fitness brand created a “Dupe Swap” at its store in Los Angeles, turning a possible negative brand moment into an exciting customer experience. The unit also decreased the number of bad actors creating fake selling accounts by 88% within a four -year period.

Advertising 284

Advertising Customer Experience Finance Apparel 284

Retail TouchPoints

JUNE 15, 2022

At the moment a “ couple hundred U.S.-based The move follows a similar trajectory at Google , which has been continuously adding more features to make itself central to the online shopping experience, including the recent debut of a new checkout flow. Bing accounts for approximately 25% of total monthly search volume in the U.S.,

Merchant Services 301

Merchant Services Shopping Payment Services Advertising 301