Wiser

MAY 8, 2024

In today’s competitive retail landscape, the ability to effectively manage trade spend is critical for brands aiming to drive profitable growth and enhance consumer engagement. Proper trade spend accounting offers a clearer view of investment returns and helps businesses make more informed decisions.

Accounting 78

Accounting Promotions Returns Management 78

Inside Retail

FEBRUARY 19, 2024

KMD Brands says it expects significantly lower sales in the fiscal first half, reflecting weak consumer sentiment. A combination of weaker consumer sentiment, the warmest winter on record in Australia and the brand’s resilience on winter-weight products has resulted in a disappointing first half.” per cent and 21.5

Consumer 286

Consumer Visual Merchandising Wholesale Accounting 286

Retail Focus

MAY 29, 2024

In the modern era of digital transactions, payment methods significantly influence consumer behaviour, especially in the realms of retail and gambling. This article delves into the psychology of spending, examining how Neteller impacts consumer behaviour, particularly focusing on Neteller casinos in the UK.

Consumer 130

Consumer Payment Services Accounting Promotions 130

Retail TouchPoints

MAY 20, 2022

Given that much of this compromised data will include email and password combinations, cybercriminals have been handed even more assets to perform Account Takeover (ATO) attacks. These attacks present a major threat to retailers and consumers, with research also revealing that 22%(24 million households) of U.S.

Accounting 279

Accounting Customer Experience Management Consumer 279

Retail TouchPoints

FEBRUARY 26, 2024

Consumers are quickly losing trust, and companies must act swiftly and responsibly to restore it. A Pew Research study reveals a concerning trend: 67% of consumers have little understanding of what companies do with their data, a sentiment echoed by an IAPP study which found that only 29% feel informed about how their data is protected.

Payment Services 314

Payment Services Consumer Finance Management 314

Wiser

MARCH 13, 2024

Understanding the structure of retail and key account teams within the Fast-Moving Consumer Goods (FMCG) industry is crucial for anyone looking to make a mark in this field. They ensure consistency in execution and performance across the board.

Accounting 78

Accounting Promotions Management Planning 78

Retail TouchPoints

FEBRUARY 13, 2024

Brick-and-mortar stores teamed up with brands to determine the optimal placement and positioning of products to entice consumers and their wallets. These days, however, consumers are the ones driving product placement, and owning the digital shelf has everything to do with the technology behind the scenes.

Consumer 287

Consumer Advertising Management Marketing 287

Retail TouchPoints

SEPTEMBER 8, 2023

In a statement, the company reported that Baxter stepping down is “unrelated to the company’s accounting or financial reporting,” which was released earlier this week and included a consolidated net sales decrease of 6%. 15, 2023. He guided the business to strong volume performance and market share gains across the retail brand portfolio.

Consumer 219

Consumer Apparel Accounting Finance 219

Inside Retail

APRIL 24, 2024

per cent in the first quarter, with consumer goods up 3.1 Since retail trade is a key input into broader consumer spending, which in turn is a massive component of GDP (as much as 45 per cent by some estimates), it stands to reason that the retail series might be a bit wonky too. Officially then, China’s retail sales rose by 4.7

Consumer 147

Consumer Accounting Planning Promotions 147

Inside Retail

NOVEMBER 23, 2023

For the past few years, consumers have been more than willing to dip into their bursting savings accounts – thanks in large part to the pandemic – to spend on Black Friday. The post How FOMO drives consumers and retailers to participate in Black Friday appeared first on Inside Retail Australia. per cent up on 2022.

Consumer 264

Consumer Fashion Accounting Planning 264

Inside Retail

MAY 9, 2023

According to Colliers’ research, Australian consumers have spent 27 per cent on dining and restaurant services in the year’s first quarter. This growth is led by millennials, people aged between 25 to 39, who have overtaken Baby Boomers as the largest generational group in Australia, now accounting for 22 per cent or 5.6

Consumer 244

Consumer Accounting Retail Marketing Marketing 244

Inside Retail

OCTOBER 20, 2023

The latest study reveals that 66 per cent of Aussie consumers regard themselves as carnivores. Survey reveals dietary choices of Aussie consumer Just 6 per cent of those surveyed eat a vegetarian or vegan diet. Survey reveals dietary choices of Aussie consumer Just 6 per cent of those surveyed eat a vegetarian or vegan diet.

Consumer 130

Consumer Accounting 130

Inside Retail

APRIL 18, 2024

Enforcement has been a bit patchy to say the least, and because consumers love them for their convenience and ease of use some retailers still dole them out. That is an incredible failure of public policy and consumers paid for it. So why did the supermarket chains and other retailers roll over? Time for some pushback?

Consumer 130

Consumer Supermarket Management Accounting 130

Retail TouchPoints

DECEMBER 30, 2022

Even as technology evolves favoring merchants, criminals always seem to bounce back with a new modus operandi — indeed, they have moved on from attacking merchants directly to skimming card data from the consumer browser. Once installed, criminals have access to everything that is entered by the consumer.

Merchant Services 316

Merchant Services Payment Services Consumer Location 316

Retail TouchPoints

FEBRUARY 12, 2021

With COVID-19 case counts declining and vaccination efforts underway, eager consumers and retailers are both looking hopefully toward a future return to normal. The pandemic has forever altered consumer behavior, and this year in particular consumers find themselves in a kind of limbo — hope is on the horizon, but “normal” isn’t here yet.

Consumer 347

Consumer Customer Experience Accounting Shopping 347

Retail TouchPoints

MARCH 16, 2023

What we know for sure is that consumer perceptions and choices are affected by culture, which also affects spending habits. Culture shapes consumer motivations, deliberation styles and decision-making, affecting every stage of the customer journey. American consumers, even those in the top 1% of wealth, are more focused on saving.

Consumer 287

Consumer Target Market Marketing Accounting 287

Inside Retail

DECEMBER 15, 2021

Consumer protection laws need a radical overhaul in order to keep step with the digitisation of retail, a new report by the Consumer Policy Research Centre has found. The online consumer experience is often curated with dark patterns, including algorithms and bundled consent,” said CPRC chief executive Lauren Solomon. “94

Consumer 245

Consumer Accounting Shopping 245

Retail TouchPoints

NOVEMBER 3, 2021

For example, at Decorilla we often tag a vendor’s account directly to offer our customers a 30% discount using our promo codes. Dozens of furniture retailers are on TikTok, but the latest trend is that influencers are talking about brands, and consumers are tagging them, without brands even being on the platform or having an account.

Consumer 246

Consumer Accounting Customer Experience Marketing 246

Retail TouchPoints

JUNE 6, 2023

Some stats support the gloomy outlook: according to Kearney , 40% of consumers feel they have too many subscriptions, and subscription ecommerce is predicted to have its slowest growth year on record in 2023 ( Insider Intelligence ). Today, brands are competing for consumers’ share of wallet. The reality though is less stark.

Consumer 298

Consumer Returns Checkout Shopping 298

Retail TouchPoints

APRIL 2, 2021

As the world emerges from the COVID-19 crisis, consumers plan to fundamentally change how they spend money and live their lives. According to the sixth EY Future Consumer Index , people are more worried about their health, families and futures than they were in October 2020, when the last Index was published.

Consumer 265

Consumer Accounting Planning Shopping 265

Inside Retail

FEBRUARY 25, 2024

As Chinese consumer spending on luxury goods continues to surge, luxury brands are doing everything they can to enhance their overall appeal. According to Euromonitor research, Chinese consumer spending on luxury goods is expected to hit $88 billion by 2028. WeChat, which has amassed over 1.2

Consumer 130

Consumer Fashion Marketing Accounting 130

Retail TouchPoints

MAY 25, 2023

The rapid advancement of technology and social media has created a new generation of well-informed, empowered and discerning consumers. IBM’s Institute of Business Value (IBV) has just completed significant research into the priorities and decisions for supply chain operations and sustainability in partnership with The Consumer Goods Forum.

Consumer 231

Consumer Inventory Management Accounting Fulfillment 231

Retail Gazette

MAY 30, 2024

Dr Martens profit and sales plunged during its full year, as it was faced with weak US consumer demand. Dr Martens CEO Kenny Wilson, who revealed last month that he is stepping down from the retailer, said: “Our FY24 results were as expected and reflect continued weak USA consumer demand.

Consumer 67

Consumer Wholesale Accounting Returns 67

Inside Retail

MARCH 25, 2024

Posing as sustainable with materials While a premium collection will not help brands like Zara, Mango, Asos and H&M escape their fast-fashion status, it might align with their consumers’ personal decision to shop more consciously with longevity in mind.

Fast Fashion 130

Fast Fashion Fashion Consumer Fulfillment 130

Retail TouchPoints

SEPTEMBER 17, 2022

The Consumer Financial Protection Bureau (CFPB) is planning to start regulating buy now, pay later (BNPL) products. Apparel and beauty companies accounted for 80.1% Buy Now, Pay Later is a rapidly growing type of loan that serves as a close substitute for credit cards,” said Rohit Chopra, Director of the CFPB in a statement.

Consumer 239

Consumer Payment Services Apparel Accounting 239

Retail TouchPoints

DECEMBER 7, 2023

Sika Health — a payment solution that enables ecommerce merchants to accept Health Spending Account (HSA) and Flexible Spending Account (FSA) payments — has launched a new marketplace where consumers can shop directly for HSA- and FSA-eligible products.

Merchant Services 256

Merchant Services Payment Services Accounting Checkout 256

Retail TouchPoints

NOVEMBER 10, 2022

Retail TouchPoints (RTP): How is Sephora dealing with shifts in shopper behavior over the past few years, particularly as consumers’ budgets have come under increased pressure? . Customers can save their Color IQ number to their Beauty Insider account, so if they want to try a new concealer or a tinted moisturizer, that information is there.

Consumer 231

Consumer Drop-Shipping Customer Experience Accounting 231

Retail Wire

NOVEMBER 4, 2022

NRF CEO Matthew Shay said that consumers are likely to concentrate their spending on necessities. The forecast, which does not include auto dealers, gas stations or restaurants, is an indication that unit volume will be seen to have decreased once inflation is factored in.

Accounting 130

Accounting Consumer 130

Retail TouchPoints

AUGUST 16, 2022

Laws and regulations that protect consumer data — such as the EU’s General Data Protection Regulation (GDPR), the removal of third-party cookie support and Apple’s increased privacy protections — are pushing ecommerce operators to find creative new ways to provide successful personalization.

Merchant Services 255

Merchant Services Consumer Payment Services Location 255

Retail TouchPoints

JANUARY 26, 2021

In 2020, more than any year since the advent of online and mobile commerce, consumers lost a sense of control. Culled from this agile, iterative survey data, here are six things we learned consumers want from retailers heading into 2021: 1. One in four consumers are shopping more with small brands. on average.

Consumer 312

Consumer Drop-Shipping Shipping Returns 312

Retail TouchPoints

NOVEMBER 9, 2022

Retailers have reason to be positive about the holiday season — Americans are still planning to spend about the same or more than last year on gifts, despite the fact that 93% are concerned about the economy and rising living costs, according to EY’s latest Consumer Future Index.

Consumer 244

Consumer Planning Fashion Accounting 244

Retail TouchPoints

FEBRUARY 24, 2023

Spurred by the global pandemic, a rise in social activism and the surge of wellness movements, consumer sentiment has shifted significantly over the past few years. Nearly all (93%) consumers surveyed in PwC’s most recent Holiday Outlook shared that trust is a top influencer in their buying decisions. Pre-pandemic, that number was 70%.

Consumer 250

Consumer Apparel Accounting Promotions 250

Retail Wire

AUGUST 25, 2022

Consumer demand for all types of products accounted for 60 percent of inflation in the U.S. Supply shortages for everything from human workers to raw materials accounted for the other 40 percent.

Consumer 100

Consumer Accounting ATS 100

Retail TouchPoints

MARCH 30, 2023

trillion for the year, according to data released at the State of Retail & the Consumer virtual event. Retailers are prepared to serve consumers in the current economic environment by offering a range of products at affordable prices with great shopping experiences.” trillion and $5.23 trillion and $1.43 trillion and $1.43

Consumer 280

Consumer Shopping Accounting Returns 280

Retail TouchPoints

NOVEMBER 10, 2022

While that may seem odd to say, given the extent that ecommerce now pervades most consumers’ everyday shopping, the current hot take from some industry analysts is that ecom growth has slowed and brick-and-mortar retail is on the rise. Whilst a provocative headline, that’s not exactly what we’re seeing on the ground.

Consumer 306

Consumer Advertising Shrinkage Planning 306

Retail TouchPoints

JANUARY 20, 2022

Over the last few years, sustainability has become increasingly important to consumers. While several distinct consumer cohorts support sustainability, their underlying motivations — and actions — can differ significantly. Executives from both companies spoke at the2022 NRF Big Show , which took place Jan.

Consumer 266

Consumer Accounting ATS Promotions 266

Inside Retail

MAY 2, 2021

Covid-19 hit the reset button on consumer behaviour. But it is not just the initial seismic shifts in consumer behaviour that have thrown down the gauntlet for retail. But it is not just the initial seismic shifts in consumer behaviour that have thrown down the gauntlet for retail. The answer is deceptively simple.

Consumer 200

Consumer Social Commerce Shopping Returns 200