Inside Retail

JUNE 3, 2024

It’s no secret that consumers are still spending big on their pets even in a cost of living crisis – and the launch of luxury pet accessories brand Mon Petit Amour Manolo, which sells collars starting at $550, is proof of this. billion in 2023.

Accessories 279

Accessories ATS Specialty Store Accounting 279

Inside Retail

MAY 19, 2021

According to the most recent For Love or Money 2021 report, published by The Point of Loyalty, while 88 per cent of Australians are a part of at least one loyalty program, only 43 per cent actively used them (at least once) in 2021 – a far cry from the 53 per cent recorded in 2018. this brand speaks to me).

Accounting 350

Accounting Shopping Consumer ATS 350

Retail TouchPoints

OCTOBER 30, 2020

The retailer will continue selling the items in the stores that carry them, which account for approximately half its footprint. “We Walmart also banned customers from carrying firearms in stores located in open carry states unless law enforcement officers are present, though the retailer’s concealed carry policy remained the same.

Accounting 290

Accounting Location Store Operations ATS 290

Retail TouchPoints

JUNE 25, 2020

In March 2019 Amazon launched Project Zero to detect fake products before they are purchased. 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. The company works with the National Intellectual Property Right Center in the U.S.,

Payment Services 312

Payment Services Accounting Location ATS 312

Retail TouchPoints

JULY 10, 2020

The study found that this evolving area was already causing retailers to shift their budgets: Google Shopping (the image-focused product ads that appear at the top of a search) spend was up approximately 7% in 2019, while Google paid search (the text-based links that appear within the search results) spend fell nearly 8%.

ATS 221

ATS Advertising Drop-Shipping Shopping 221

Retail TouchPoints

AUGUST 19, 2020

Same-day services, including order pickups, drive-ups and its Shipt subsidiary, grew 273% and accounted for approximately six percentage points of total company comp sales growth. However, Target’s brick-and-mortar stores proved to be essential elements in the retailer’s overall growth, fulfilling more than 90%. of the retailer’s Q2 sales.

Fulfillment 331

Fulfillment Accounting Returns Consumer 331

Inside Retail

NOVEMBER 11, 2021

The report, which cites Sephora Australia’s accounts filed with ASIC this week, states the makeup retailer’s losses hit $7.87 million loss coming after 2019’s loss of $6.5 Beauty firm Sephora struggled through another difficult year and may have difficulties trading as a going concern, according to a report in AFR.

Accounting 298

Accounting ATS 298

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. Prior to that, Baxter held various leadership roles at Adidas and Reebok. Pugliese will remain until early 2023 to support Baxter’s transition.

Wholesale 277

Wholesale Promotions Apparel Accounting 277

Retail TouchPoints

MARCH 3, 2021

At the time, Paper Source acquired 30 of those Papyrus stores, increasing its footprint by 22% , but just weeks later COVID-19 stole the headlines. million reported in 2019. As part of the process the retailer also is undergoing a “robust real estate rationalization” to evaluate its real estate portfolio and renegotiate lease terms.

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Planning Finance Accounting Location 299

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 306

Merchant Services Shopping Payment Services Advertising 306

Retail TouchPoints

NOVEMBER 4, 2020

In 2019 , the total market share of online U.S. McKinsey has found that around 50% to 60% of loans originated at POS are either partially or entirely subsidized by the merchant. Digital fraud can take many forms, with the most common being account takeover ( 29.8% The Harmful Impact of Digital Fraud.

Merchant Services 317

Merchant Services Payment Services Accounting Jewelry 317

Retail TouchPoints

FEBRUARY 1, 2022

“In joining with Square, Afterpay can now more meaningfully give small and midsize sellers the tools to attract young, engaged shoppers who prefer Afterpay, and help these sellers compete alongside businesses of all sizes,” said Nick Molnar, Afterpay Co-founder and now Afterpay Lead at Square in a statement. in 2019.

Payment Services 278

Payment Services Accounting ATS 278

Inside Retail

DECEMBER 1, 2024

Meanwhile, its sister brand Salomon has seen significant growth in China, with its store count growing from 13 in 2019 to 136 today. billion ($5 billion) acquisition by Chinese athletic wear giant Anta Sports in 2019, Amer Sports has maintained strong growth under Anta’s 44.5 Following its €4.6 per cent ownership stake.

Sporting Goods 130

Sporting Goods Outdoor Consumer Apparel 130

Retail TouchPoints

JANUARY 14, 2022

growth we saw in 2019. In addition, approximately 50% of merchants have declined orders related to gift cards due to the surge of fraud, leaving both players at a loss. Gaining access to consumer accounts has increased, allowing fraudsters to purchase gifts on their dollar. billion online with U.S. Financial Impact.

Merchant Services 328

Merchant Services Payment Services Management Accounting 328

Retail TouchPoints

NOVEMBER 28, 2022

While digital penetration is nowhere near the highs it reached during the pandemic, when online accounted for approximately 40% of sales, according to Macy’s CEO Jeff Gennette, ecommerce is continuing its pre-pandemic growth trend with digital penetration this year at 33% , up from 25% in 2019. .

Fulfillment 264

Fulfillment Shipping Accounting ATS 264

Inside Retail

JUNE 17, 2021

million between March 2018 and 2019, and that it has failed to repay the total sum despite having made back-payments. In an opinion penned in November of 2019, just a month after Woolies’ initial self disclosure, RMIT professor of workplace law Anthony Forsyth argued that the excuse doesn’t stack up.

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Payment Services Supermarket Accounting Management 246

Retail TouchPoints

OCTOBER 4, 2021

Claire’s has filed for an IPO that would value the company at $100 million. compared to the same period in 2019, showing significant growth since its exited from bankruptcy in 2018. members accounted for half its sales in the country in the first half of fiscal 2021. compared to the same period in 2020 and 3.4%

Jewelry 278

Jewelry Accessories Accounting Location 278

Retail TouchPoints

JUNE 23, 2020

In 2019, e-Commerce giant Amazon proudly proclaimed that it had sold 100 million smart speakers since its original release a mere four years earlier. Zion Market research predicts that the global voice-based smart speaker market will be valued at $30 billion by 2024. The company was able to double that number a year later.

ATS 279

ATS Consumer Marketing Shopping 279

Inside Retail

JUNE 15, 2023

million from the retailer, has pleaded guilty at the Melbourne Magistrate Court to deception. Former Coles Online executive Aaron Baslangic, who stole $1.9 According to the Guardian , Judge Duncan Allen described Baslangic’s conduct as “strangely unsophisticated, bizarre and inexplicable” and added “brazen, that’s one word for it.

Accounting 237

Accounting ATS Supermarket 237

Retail TouchPoints

MAY 28, 2024

The companies first teamed up in 2019 after Walmart chose not to renew its deal with Synchrony Financial, but the partnership hit a rough patch in 2023 when Walmart filed a lawsuit to exit its contract early, alleging that the financial institution was falling short on customer service requirements. ”

Accounting 264

Accounting Consumer ATS Marketing 264

Retail TouchPoints

SEPTEMBER 6, 2023

billion to design carbon-neutral buildings and facilities and boost production of renewable energy at its sites. These plans are part of the brand’s near-term climate target of reducing greenhouse gas (GHG) emissions 37% by 2032 compared to a 2019 base figure. They also figure into its goal of achieving net-zero GHG emissions by 2050.

Planning 264

Planning Accounting Store Operations ATS 264

Retail TouchPoints

JANUARY 11, 2021

year-on-year through September 2020, boosting ecommerce’s share of its total sales from 33% in 2019 to 59% during this period. An electronic waste recycling program that M.Video launched in summer 2019 is now available in 450 stores, with plans to add another 200 locations in 2021. Q3 2020 net sales for all channels climbed 25.3%

Payment Services 301

Payment Services Location Fulfillment Customer Experience 301

Inside Retail

FEBRUARY 24, 2022

As the troubled department store retailer tries to reight-size its portfolio in the wake of consumers moving online to shop, Myer said the Blacktown store closure was the fifth under its Customer First Plan launched in January 2019. Since then it has closed stores located at Logan, Hornsby, Emporium and – most recently – Knox, last August.

Planning 246

Planning Department Stores Accounting Location 246

Inside Retail

FEBRUARY 5, 2023

We were attracted by Retail Zoo as a strong platform in the food retail sector, with market-leading brands in Boost and Betty’s,” said Georgina Varley, MD at Adamantem. Its burger chain business Betty’s, which accounts for 56 per cent of the company sales, has grown from eight stores to 54 over the past five years.

Accounting 279

Accounting Planning Marketing Management 279

Retail TouchPoints

AUGUST 9, 2022

At this same time, I am delighted to announce the appointment of Scott to the dual role of Chief Financial Officer and Chief Operating Officer. He leaves us with a solid foundation in place and a strong team of tenured leaders.

Finance 278

Finance Accounting Management Consumer 278

Retail Focus

MAY 21, 2025

Kewzi Coffee This marks the Ugandan specialty coffee producers most prominent showcase yet at the London Coffee Festival, where it hopes to secure new listings with retailers and hospitality venues. cups per person per day, yet Ugandan coffee accounts for just 1% of British coffee imports.

Accounting 147

Accounting Marketing Location Planning 147

Retail TouchPoints

NOVEMBER 14, 2022

American Dream’s success continues to grow with dramatically increasing traffic and spend at the complex,” said Don Ghermezian, President and CEO of American Dream in a statement. “We 1, 2022, and the balance in the reserve account previously used to make payments on the loans is $862.12. American Dream missed a payment of $8.8

Payment Services 263

Payment Services Finance Accounting Shopping 263

Retail TouchPoints

MARCH 14, 2022

The committee relayed several issues with Amazon’s testimony: In July 2019, Amazon’s Associate General Counsel for Competition, Nate Sutton, testified under oath about Amazon’s use of third-party seller data in its private label business. Amazon and its executives must be held accountable for this behavior.

Accounting 304

Accounting Marketing ATS 304

Retail TouchPoints

SEPTEMBER 17, 2022

The bureau also released the Buy Now, Pay Later: Market Trends and Consumer Impacts report, which found that Affirm, Afterpay, Klarna, PayPal and Zip together provided 180 million loans totaling over $24 billion in 2021, a near tenfold increase from 2019. Apparel and beauty companies accounted for 80.1% in 2020; A total of 13.7%

Consumer 262

Consumer Payment Services Apparel Accounting 262

Retail TouchPoints

JUNE 11, 2020

Staff members at the closed stores will be offered new roles with the company, such as handling fulfillment of ship-from-store orders. The retailer expects online sales to account for 25% of its total by 2022, up from 14% in fiscal 2019. Inditex will support this effort by investing €1 billion. Sales fell 44% to €3.3

Fulfillment 252

Fulfillment Shipping Accounting Planning 252

Retail TouchPoints

APRIL 9, 2021

At each stop in the tour, eBay also will be giving fans a look at the unique collections of athletes and celebrities, starting in Atlanta with basketball star Trae Young’s collection of luxury watches. By comparison, new watches comprise 57% of the total watch inventory on eBay, but only account for 33% of total watch sales.);

Promotions 253

Promotions Accounting Marketing ATS 253

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. . Drive business growth and provide a positive customer experience.

Payment Services 355

Payment Services Finance Customer Experience Wholesale 355

Retail TouchPoints

DECEMBER 20, 2022

In 2019, GhostData found that 56,000 Instagram accounts were associated with the counterfeit of luxury brands, representing a 171% increase since 2016. These accounts generated 64 million posts to promote imitation products, up more than 300% from 2016. This is the start of the evidence that can be used for litigation.

Accounting 58

Accounting Management Promotions Location 58

Retail TouchPoints

AUGUST 30, 2021

The secret to Target’s success is the retailer’s expertise at utilizing its stores for fulfillment, whether as a staging ground for last mile delivery or an efficient curbside pickup hub. compared to Q2 2019. While its momentum may not be permanent, Foot Locker executives expect it to carry into the second half of the year at least.

Consumer 328

Consumer Fulfillment Department Stores Sporting Goods 328

Inside Retail

JANUARY 13, 2025

From eye-catching brand partnerships to strategic category expansion, Farm Rio is slowly but surely taking the world by storm, one tropically patterned print at a time. The two decided to fill in the white space themselves and started with a small booth at an independent fashion market. Tropical fruits and flowers. Jungle prints.

Fashion 130

Fashion Apparel Planning Accessories 130

Retail TouchPoints

NOVEMBER 3, 2023

seen from 2010 to 2019. “It The NRF’s forecast, which is based on economic modeling that takes multiple factors into account, is in line with the Mastercard Spending Pulse prediction from September 2023 that U.S. retail sales will climb 3.7% for the Nov. 24, 2023 period.

Finance 264

Finance Accounting Consumer Promotions 264

Retail TouchPoints

MAY 30, 2024

To kick off the initiative, the payments platform has made two key executive hires: Former Uber Advertising and Amazon executive Mark Grether has been appointed SVP and General Manager of PayPal Ads, and John Anderson, who previously worked at fintech company Plaid, has joined as SVP and General Manager of the PayPal Consumer Group.

Advertising 278

Advertising Merchant Services Payment Services Planning 278