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Sustainability and Profitability: How Embedding Sustainability can Boost Business Performance

Retail TouchPoints

At the same time, underfunded sustainability teams spend much of their time educating other departments rather than executing initiatives. This requires targeted upskilling in critical areas like carbon accounting and management, sustainable procurement and stakeholder management. Our research highlights that U.S.

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Apple heads for largest Q3 revenue drop since 2016 as iPhone sales slow

Inside Retail

per cent drop in total quarterly revenue, according to Refinitiv – its steepest drop in third-quarter revenue since 2016. The company has so far avoided buzzwords like AI at its events, in a contrast with tech giants including Alphabet and Microsoft. per cent rise in the quarter ended March.

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Amazon Launches Global Anti-Counterfeiting Team

Retail TouchPoints

At that time, the e-Commerce giant unveiled tools capable of scanning more than 5 billion product listing updates per day in search of fakes. In November 2016, Amazon filed its first-ever lawsuits against alleged counterfeiters. In March 2019 Amazon launched Project Zero to detect fake products before they are purchased.

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Mattress Firm Puts IPO on Ice, Citing Market Volatility

Retail TouchPoints

But those plans are now at a standstill, with Steinhoff citing “volatility in the IPO market” as the reason behind the decision in a statement : “Mattress Firm continues to actively explore all options and paths forward, including resuming the IPO process once the markets are favourable.”.

Marketing 311
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Grill’d marketing deemed “extremely inappropriate”

Inside Retail

The suggestion of sexual violence at the start of the advertisement was extremely inappropriate in an advertisement for burgers.”. Grill’d initially denied it had breached the Advertising Code of Conduct with the ad, but has now said it will take steps to modify the ad to take the Panel’s concerns into account. The ad in question.

Marketing 331
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Torrid Appoints Retail Veteran as New CEO

Retail TouchPoints

Torrid has appointed Lisa Harper as its new CEO, as current CEO Liz Muñoz steps into a newly created position as Chief Creative Officer (CCO) at the apparel retailer that serves women sizes 10 to 30. The change at the top comes amid a number of leadership shifts taking effect immediately.

Apparel 263
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As more factories switch to renewable power, Ikea sets new emissions targets

Inside Retail

The 50 per cent reduction target compares with the 2016 financial year, while its prior 15 per cent goal was set in 2017. The 2023 emissions were down 22 per cent compared with 2016. Ikea’s use of raw materials such as wood accounts for the biggest share (45.9 Inter Ikea said emissions were estimated to total 24.1