Independent Retailer

OCTOBER 28, 2022

When you first start your wholesale business, it can be tricky to find the right price to sell your merchandise. Wholesale Price vs. Retail Price. In order to establish the right prices for your products, it is important to understand the difference between wholesale and retail pricing. What is the wholesale price?

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Wholesale Retailing Pricing Planning Consumer 70

Rangeme

OCTOBER 23, 2023

We all know that the fourth quarter can be a season of high revenue for retailers and brands alike, but also understand that most wholesale buyers put a hard stop to bringing in new products once they’re sleeves are rolled up and heads down during the busy holiday season. What else works during this busy season?

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Accounting Wholesale Cross Merchandising Promotions 52

Retail TouchPoints

AUGUST 4, 2023

wholesale accounts, along with 10 independent specialty retailers in the southeastern U.S. We’re grateful to be in a position to expand our retail presence and build new wholesale relationships in order to serve more customers.” The outdoor goods retailer also will add Dillard’s and Moosejaw to its key U.S.

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Specialty Retailers Wholesale Planning Outdoor 246

Retail TouchPoints

MARCH 23, 2022

The brand’s overall digital sales also increased 19% globally, while wholesale revenues were down by 1%. A big piece of Nike’s direct offensive has been a shift away from wholesale and toward DTC. Wholesale Will Still Play a ‘Very Important Role’. Revenues were up 5% YoY in the company’s fiscal Q3, which ended Feb.

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Planning Wholesale Sporting Goods Accounting 289

Independent Retailer

NOVEMBER 2, 2022

While cyber breaches in the retail industry tend to grab headlines, the wholesale industry is not immune to the threat. In fact, according to the 2022 Travelers Risk Index , almost one-in-four (24%) wholesale companies have been victims of a data breach or cyber event. Wholesale Industry Lacking in Cyber Protection.

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Wholesale Accounting Planning Management 52

Talking Retail

JUNE 17, 2021

Thomas Pook, national account manager, said: “Scotland is an important market and we are delighted to be launching in Spar Scotland today and increase our distribution across. This story continues at Hovis signs deal with Spar Scotland wholesaler. The range is available now, alongside Hovis’ Scottish Mothers Pride brand.

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Wholesale Accounting Management Marketing 71

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.

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Sporting Goods Wholesale Specialty Retailers Accounting 321

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.”

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Wholesale Accounting Management Location 260

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?

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Wholesale Payment Services Target Market Marketing 75

Retail TouchPoints

FEBRUARY 27, 2024

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. She has her Associate in Risk Management (ARM) designation and holds a Master’s in Business Administration with an emphasis on Strategic Management from St.

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Payment Services Wholesale Store Layout Inventory Management 278

Independent Retailer

DECEMBER 2, 2021

Founded by a grocer, Mable is committed to helping the small business community thrive with their easy-to-use wholesale platform. . With over 1,500 brands to shop from, low order minimums, and direct shipping, Mable is the perfect wholesale partner for sourcing specialty food and beverages from local, emerging companies. 617-938-3953.

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Wholesale Shipping Grocer Accounting 52

Retail Wire

JUNE 30, 2023

Nike’s business with wholesale accounts fell to 56 percent in May, down from 70 percent four… Continue reading → Nike is finding it more difficult to clear its inventory in light of current economic challenges and is resorting to discounting to boost sales.

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Wholesale Accounting Promotions Planning 147

Retail TouchPoints

AUGUST 1, 2023

First-time business users that sign up for an Instacart Business account will receive a 2% credit back on orders over $250 and a complimentary year-long Instacart+ membership, which gives them free same-day delivery on orders over $35 as well as additional savings. and Canada free access to Instacart+ for a year.

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Accounting Wholesale Promotions Management 246

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.

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Wholesale Drop-Shipping Marketing Accounting 246

Retail TouchPoints

AUGUST 11, 2023

In fact, grocers accounted for six of the top 10 retailers on the list (if you include 7-Eleven , which while technically a convenience store is a large purveyor of food products as well). “ Among the Hot 25 with established retail media networks are BJ’s Wholesale Club , Ulta Beauty , Schwarz Group (which owns grocer Lidl ) and Schnucks.

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Grocer Wholesale Supermarket Consumer 246

LS Retail

NOVEMBER 16, 2023

©iStock/FeelPic Labels that get their start outside of major fashion hubs are leveraging their local identities and a strategic approach to wholesale to gain international followings. Other effective strategies include targeting influential wholesale accounts and building a strong social media presence.

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Marketing Wholesale Accounting Fashion 62

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.

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Wholesale Finance Accounting Management 52

Inside Retail

FEBRUARY 26, 2023

The retail and wholesale industry was the fifth-most targeted industry, accounting for 8.7% Being proactive According to him, for retailers and wholesalers, the speed of their response time to a cyberattack can mean the difference between minimal impact on their supply chain and significant disruption.

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Wholesale Accounting Management Marketing 246

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.

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Wholesale Accounting Marketing Outdoor 264

Retail TouchPoints

NOVEMBER 6, 2023

Wholesale Partnerships: Pacsun was Princess Polly’s first wholesale partnership but many more are in the pipeline, according to Dres, so the brand is focused on “working closely with our partners to align strategies and deliver a consistent brand experience, ensuring our products reach a wider audience.”

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Wholesale Fashion Consumer Marketing 263

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.

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Wholesale Supermarket Accounting Supply Chain Management 130

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.

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Fulfillment Wholesale Accounting Consumer 289

Retail Wire

MAY 2, 2023

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. Francesca’s has acquired Richer Poorer, a direct-to-consumer brand that sells apparel basics to Gen Z consumers.

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Wholesale Apparel Accounting Consumer 100

Inside Retail

OCTOBER 22, 2023

Costco Wholesale Corporation, the world’s third-largest retailer after Walmart and Amazon, has a wacky fiscal year that is out of sync with most retailers: Its FY23 ended 3 September and its annual report was released on 11 October. In Asia, member-based companies have in the past focused heavily or exclusively on wholesale customers.

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Wholesale Home Furnishings Merchandise Store Accounting 244

Retail Gazette

MARCH 4, 2024

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

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Wholesale Fashion Accounting Consumer 145

Retail TouchPoints

SEPTEMBER 22, 2023

They invest in new storefronts and build strong wholesale relationships. Select and launch additional storage capacity, retail or wholesale distribution or ecommerce fulfillment in weeks instead of months. Previously, Lawrence was Director of Strategic Accounts, and prior to Flexe, he worked in various consulting roles.

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Shipping Wholesale Fulfillment Consumer 264

Retail Minded

JULY 25, 2022

With these issues in mind, freight brokers must understand the role that freight and shipping play in both retail and wholesale distribution and how retailers are changing the ways they operate to manage the supply chain and distribution problems. Freight size and weight – Heavier, bulkier items cost more to ship.

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Wholesale Drop-Shipping Shipping Accounting 52

Retail Dive

JULY 21, 2023

The DTC skin care brand’s partnership with the beauty retailer, which first began in November, adds to its growing roster of wholesale accounts.

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Wholesale Accounting 98

Retail TouchPoints

OCTOBER 7, 2022

Before joining Under Armour in 2020 as SVP of Americas Wholesale, Baxter served as President and CEO of LIDS Sports Group from 2016 to 2019. The company underwent several rounds of jobs cuts and a $200 million dollar restructuring in 2018, followed by an SEC investigation into its accounting practices in 2019.

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Wholesale Promotions Apparel Accounting 277

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.

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Wholesale Accounting Returns Consumer 130

Retail Dive

MAY 3, 2022

Over the last 18 months, the company has grown its collection of third-party brands "really rapidly" to account for 20% of its assortment.

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Wholesale Accounting 111

Inside Retail

MARCH 20, 2023

Following the group’s entry, Dahl-Thorup said that it had experienced rapid growth across the Australia and New Zealand region due to its strong partnership with key wholesale partners. It] is regarded as one of the consistently top performing brands amongst our wholesale accounts,” Dahl-Thorup said.

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Wholesale Fashion Shipping Department Stores 236

Inside Retail

APRIL 20, 2022

The company will also run some 250 wholesale accounts both locally and internationally. The deal, effective April 26, will aggregate 26 brands and 15 character licences, operate in 300 retail locations across Australia and New Zealand and employ 3000 staff.

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Department Stores Wholesale Apparel Fashion 246

Retail Gazette

MARCH 27, 2024

.” He added: “For longer term and sustainable growth, we have developed new plans for growth in wholesale, convenience, franchise, export markets and global sourcing and we are now moving quickly to implement them.”

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Grocer Payment Services Supermarket Wholesale 113

Inside Retail

DECEMBER 11, 2023

I’m an accountant by profession, but for most of my career, I have gone into businesses that are going through some restructuring – either acquiring or divesting businesses – I go in and embed myself into the business in some leadership capacity to help navigate through that.”

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Wholesale Fashion Apparel Accounting 261

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.

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Wholesale Social Commerce Fashion Consumer 305

Retail Wire

APRIL 9, 2021

Early results being tabulated by the National Labor Relations Board shows about 70 percent of workers at an Amazon.com warehouse in Alabama have voted against being represented by the Retail, Wholesale and Department Store Union.

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Department Stores ATS Wholesale Accounting 130