Retail Wire

JUNE 30, 2023

The athleticwear brand’s CFO Matt Friend, said Nike plans to continue promoting its direct-to-consumer business. Nike’s business with wholesale accounts fell to 56 percent in May, down from 70 percent four… Continue reading →

Wholesale 147

Wholesale Accounting Promotions Planning 147

Retail TouchPoints

AUGUST 30, 2021

The spring and early summer was an optimistic time for many consumers who finally emerged from lockdowns looking to refresh their wardrobes and find items suited for smaller local outings during the warmer months. Retail rode strong into Q2 2021 as shoppers returned to stores even as digital sales remained elevated.

Consumer 303

Consumer Fulfillment Department Stores Sporting Goods 303

Retail TouchPoints

AUGUST 11, 2023

A few of the notable trends that emerged from this year’s list: Food and wine reigns , driven in large part by M&A activity; Retail media is driving growth , especially for grocers; and Cost-conscious consumers are leaning into discount and beauty. expansion ), BJ’s Wholesale and Costco. By contrast, Grocery Outlet (No.

Grocer 220

Grocer Wholesale Supermarket Consumer 220

Retail TouchPoints

FEBRUARY 27, 2024

A cyberattack that compromises customer personal information can diminish the trust consumers place in a brand. Her team consists of over 50 brokers, service specialists and consultants focused on risk management and insurance for the retail, wholesale and distribution of consumer goods.

Payment Services 235

Payment Services Wholesale Store Layout Inventory Management 235

Retail TouchPoints

SEPTEMBER 22, 2023

While consumers still make plenty of online purchases, analysts expect ecommerce sales to grow more moderately in the near term compared to the past few years. Meanwhile, consumers return to brick-and-mortar stores and seek omnichannel experiences. They invest in new storefronts and build strong wholesale relationships.

Shipping 234

Shipping Wholesale Fulfillment Consumer 234

Retail TouchPoints

APRIL 6, 2023

billion in retail sales annually through more than 500 owned retail stores, 7,000 wholesale accounts and ecommerce in 35 countries. “As With Boardriders’ proven retail playbook, we also see tremendous opportunities to accelerate the expansion of its shop-in-shops, branded retail stores, wholesale and ecommerce worldwide.”

Wholesale 200

Wholesale Accounting Management Location 200

Independent Retailer

NOVEMBER 30, 2022

Wholesale businesses need to make sure they are fully prepared to handle the process. If you check all or most of these boxes, chances are your business can handle international expansion, and Wholesale Central is coming in hot with everything you need to prepare for this opportunity: . Are You Prepared to Jumpstart Expansion Efforts?

Wholesale 75

Wholesale Payment Services Target Market Marketing 75

Retail TouchPoints

NOVEMBER 9, 2022

Customers can use either the DoorDash app or website, and members of the Sephora Beauty Insider loyalty program can earn points for these purchases by linking their account on the DoorDash app’s Sephora store page. BJ’s Wholesale Club selected DoorDash as its grocery delivery partner across 226 stores in March 2022.

Fulfillment 244

Fulfillment Wholesale Accounting Consumer 244

Retail Wire

MAY 2, 2023

Francesca’s has acquired Richer Poorer, a direct-to-consumer brand that sells apparel basics to Gen Z consumers. Richer Poorer is expected to inform Francesca’s digital strategy and give it access to wholesale accounts and younger consumers it does not currently have.

Wholesale 100

Wholesale Apparel Accounting Consumer 100

Retail Gazette

MARCH 4, 2024

Retailers are suffering from the longest dip in sales since the 2020 pandemic as consumers cut back for the fifth consecutive month. in February, according to new figures from accountancy firm BDO. Like-for-like sales across fashion, homewares and lifestyle slipped 1.3% Fashion was hit the hardest, with overall sales down 4.8%

Wholesale 145

Wholesale Fashion Accounting Consumer 145

Retail TouchPoints

NOVEMBER 6, 2023

The core of this approach is “aligning our brand with the values and expectations of today’s consumers, while expanding our reach and optimizing our operations.” Transparency builds trust and keeps us accountable,” Peters explained.

Wholesale 215

Wholesale Fashion Consumer Marketing 215

Mass Relators

APRIL 20, 2021

BJ’s Wholesale Club Holdings Inc. Bob’s leadership, strategic vision and deep knowledge of the business have been pivotal in driving BJ’s Wholesale Club’s transformation and record growth across all key metrics,” BJ’s executive chairman Christopher Baldwin said. WESTBOROUGH, Mass.

Wholesale 52

Wholesale Finance Accounting Management 52

Retail TouchPoints

MAY 18, 2023

Consumers can now browse and buy Touchland sanitizer across multiple channels, including the brand’s DTC ecommerce site, marketplaces like Faire and even on the shelves of big-name retailers like Ulta , Target and Sephora. After six months of B2C sales in the U.S., This is the key to growth.”

Planning 234

Planning Accounting Wholesale Consumer 234

Inside Retail

FEBRUARY 13, 2023

A trading update of unaudited accounts for the six months to January 31 reveals sales increased 34 per cent to $546 million with particularly positive trading in Australia. Rip Curl’s sales have risen 18 per cent led by strong direct-to-consumer sales along with maintaining wholesale sales levels.

Wholesale 130

Wholesale Accounting Returns Consumer 130

Retail TouchPoints

AUGUST 2, 2023

As a result of the brand’s “maniacal focus” on its customers, Spector said that return customers now account for 30% to 40% of ThirdLove’s business, which as moderator Richard Kestenbaum of Triangle Capital pointed out, is the “holy grail” for a DTC business. said David Spector, Co-founder and Chairman of ThirdLove.

Wholesale 218

Wholesale Drop-Shipping Marketing Accounting 218

Retail TouchPoints

FEBRUARY 22, 2021

The mass store closures prompted by COVID-19 in spring 2020 could have spelled disaster for equestrian specialty brand Kerrits , which had operated as a wholesale-only business for over 25 years. Once the pandemic hit, our wholesalers had to close their stores, and we had to rethink our entire email plan,” said Florin.

Wholesale 219

Wholesale Accounting Marketing Outdoor 219

Inside Retail

APRIL 4, 2024

“Following the proposed merger, for suppliers who may not have the ability to divert supply through other channels (ie, through other grocery retailers, export, wholesale, foodservices and direct-to-retail consumers) this would reduce their major customers by one, and the merged entity would account for more of a suppliers’ total business.

Wholesale 231

Wholesale Consumer Accounting Marketing 231

Inside Retail

MARCH 20, 2023

Bestseller’s Australia country director Rikke Dahl-Thorup told Inside Retail that the brand entered the Australian market due to the strong consumer demand for Scandinavian design, and a willingness from Aussie customers to embrace new trends. One example of this is the recent expansion of Vero Moda.

Wholesale 236

Wholesale Fashion Shipping Department Stores 236

Inside Retail

SEPTEMBER 19, 2022

Soon after Britain’s Tesco abandoned its retail business in Thailand and Malaysia in early 2021, its buyer, Thailand’s Charoen Pokphand Group, merged it with its Siam Makro wholesale arm. The retail and wholesale businesses accounted for a roughly even split of the company’s 219.6 billion baht ($9.4 There’s a buzz in the malls.

Wholesale 130

Wholesale Supermarket Accounting Supply Chain Management 130

Retail TouchPoints

AUGUST 25, 2023

Every few decades, retail brands discover a new way to connect with consumers. The early 2000s saw the beginning of an online media push that brought standardized content from one brand to many consumers. Having a direct line with consumers via D2R provides brands with first-party retail data in a whole new way.

Consumer 227

Consumer Wholesale Marketing Returns 227

Inside Retail

APRIL 2, 2024

The rise of the stationery market Research and Markets attributes the rise of this seemingly old-fashioned consumer product category to a few factors, including consumers’ preference for a tactile writing experience, the power of influencer marketing and the growth of e-commerce.

Marketing 100

Marketing Wholesale Specialty Store Consumer 100

Retail TouchPoints

MARCH 11, 2021

Buoyed by a return to growth in Q4 2020, Adidas has unveiled a new growth strategy that will transform the company into a direct-to-consumer-led business with an emphasis on sustainability. The move is in line with similar shifts made by competitor Nike, which is ditching wholesale accounts and beefing up its digital and DTC business as well.

Planning 192

Planning Wholesale Sporting Goods Accounting 192

Retail TouchPoints

JULY 12, 2021

The Flipkart Group includes ecommerce marketplace Flipkart , digital fashion destination Myantra , Flipkart Wholesale , online travel company Cleartrip and a majority stake in the payments app PhonePe. Brick-and-mortar dominates the retail scene, with ecommerce projected to account for just 7% of sales this year, up from 3% in 2017.

Wholesale 237

Wholesale Social Commerce Fashion Consumer 237

Inside Retail

APRIL 11, 2023

However, the wholesale world remains woefully analogue. Despite all the digital disruptions happening on the consumer side, B2B has stayed in the digital dark ages. Especially in B2B markets, like wholesale, where its B2C counterpart of retail is among the most advanced in the world. They’re already here shaking up wholesale.

Wholesale 130

Wholesale Shipping Consumer Accounting 130

Inside Retail

DECEMBER 19, 2021

After 10 years of building its brand through retailers like David Jones and The Iconic, Australian women’s fashion label Nude Lucy is going direct-to-consumer with the launch of its own bricks-and-mortar stores and further investment in its online business. Wholesale still a big part of the business. From t-shirts to a total offer.

Fashion 130

Fashion Wholesale Boutique Accounting 130

Retail TouchPoints

APRIL 10, 2023

As an organization, we’ve grown through the wholesale side,” said Van Dijk. Now we have a lot more owned-and-operated stores, and when you build a system to target mostly wholesale, that’s a whole different level of transactions than if you have your own stores.

Jewelry 217

Jewelry Wholesale Consumer Point of Sale 217

Retail TouchPoints

MARCH 1, 2024

He compared the level of interest of a consumer who had simply seen a Natori ad on social media to one who had “gone to the website, added something to their bag and abandoned the cart. That’s much more useful [data] than the first consumer. We also get end-to-end accountability in the supply chain.”

Department Stores 203

Department Stores Wholesale Finance Apparel 203

365 Retail

DECEMBER 19, 2023

Just Eat’s grocery and convenience estate in the UK has seen rapid growth this year to meet consumers’ growing demand for convenience shopping. As the nation’s largest food delivery platform, Just Eat reaches 97 per cent of all UK postcodes.

Wholesale 109

Wholesale Accounting Shopping Planning 109

Inside Retail

AUGUST 16, 2022

Online sales grew 44 per cent to $601 million with click-and-collect accounting for 55 per cent of online sales — surging 73 per cent to $332 million. The business says wholesale sales in this channel grew 95 per cent since its products were expanded to 200 outlets of BCF and Rebel stores. per cent to $3.55 per cent to $1.21

Supply Chain Management 246

Supply Chain Management Net Profit Wholesale Apparel 246

Inside Retail

OCTOBER 13, 2021

Options such as buy now, pay later (BNPL) services were first introduced to business to consumer (B2C) transactions, giving customers the ability to access products and services they need today while paying at a later date or over a series of instalments. . Transform your B2B transactions with better payment technology.

Payment Services 355

Payment Services Finance Customer Experience Wholesale 355

Inside Retail

DECEMBER 17, 2023

Retailers within the pharmacy sector are evolving and exploring ways to best cater to consumers with the creation of one-stop-shop pharmacy retail spaces and superstores. Holistic well-being and proactive self-care are areas in which brands and retailers are positioning to best cater to consumers to win their favour.

Beauty and Health 258

Beauty and Health Health & Wellness Promotions Wholesale 258

Retail TouchPoints

APRIL 16, 2024

Also, while NPS captures feedback only from engaged customers who choose to respond to surveys, EGR takes everyone into account, offering a more comprehensive and unbiased view of customer satisfaction. Tracking EGR becomes a little more challenging for businesses that are reliant on wholesale channels.

Promotions 147

Promotions Consumer Checkout Wholesale 147

Inside Retail

APRIL 7, 2024

Its current range of products is strong and continually growing to adapt to the needs and wants of the consumer. Or simply register for a wholesale account online. We feel BMS offers a unique product range that is innovative within this market. As a supplier, BMS is a joy to work with.

Wholesale 130

Wholesale Accessories Accounting Marketing 130

Retail TouchPoints

MAY 2, 2022

Consumers have started taking sustainability into account when deciding what to buy and where to buy it. This is especially true for younger consumers: some 75% of millennials say they consider sustainability when making a purchase. These tools use AI to predict consumer needs and can help sellers minimize overstocking.

Drop-Shipping 307

Drop-Shipping Returns Supply Chain Management Shipping 307

Retail TouchPoints

JULY 8, 2022

Third-party marketplaces have taken over the online ecosystem — consumers are drawn to the vast product selection, price transparency and convenient delivery options leading marketplaces to become the primary vehicle for many online shoppers. A whopping 92% of U.S. years we have become an almost? 300 million ?business

Department Stores 231

Department Stores Wholesale Consumer Accounting 231

Retail Minded

MARCH 9, 2024

ASD Market Week, one of the nation’s most comprehensive trade shows for consumer merchandise in the United States, will welcome a series of educational sessions produced by Retail Minded at their March 10-13, 2024, trade show in Las Vegas. Included in this series will be a keynote series.

Marketing 52

Marketing ATS Wholesale Accounting 52

Inside Retail

MARCH 22, 2023

He expects the impact to be different across consumer groups, but he’s confident it won’t affect the target General Pants customer group too much, saying they tend to be mortgage-free and fully employed. He’s also looking at adjacent categories, including accessories, to help General Pants achieve its growth goals.

Wholesale 130

Wholesale Accessories Apparel Fulfillment 130