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. compared to Q2 2019. Macy’s Q2 performance was another success story, with comparable sales up 61.2% year-over-year and 5.8%

Consumer 312

Consumer Fulfillment Department Stores Sporting Goods 312

Retail TouchPoints

MARCH 3, 2022

Target has big plans for 2022, with the retailer announcing plans to invest up to $5 billion this year to open new stores, enhance its digital, fulfillment and supply chain capabilities, and expand its shop-in-shop concept with Ulta Beauty. and New York’s Times Square.

Payment Services 218

Payment Services Shopping Planning Fulfillment 218

Retail TouchPoints

NOVEMBER 4, 2021

Despite having just officially begun, this holiday shopping season already is marked by supply chain disruption, persistent inflation and mixed consumer confidence. And just like last year, it looks like consumers will respond by turning to ecommerce.

Consumer 260

Consumer Merchant Services Payment Services Drop-Shipping 260

Retail TouchPoints

JULY 14, 2023

Consumers are expected to spend a record $41.5 billion , with the top products planned for purchase including laptops ( 51% ), tablets ( 36% ) and calculators ( 29% ). Families with children in elementary through high school plan to spend an average of $890.07 BTC spending has nearly doubled since 2019. set in 2021.

Discount Store 209

Discount Store Department Stores Planning Accessories 209

Retail TouchPoints

MAY 18, 2023

Touchland’s rapid growth has inspired founder and CEO Andrea Lisbona to invest in a robust enterprise resource planning (ERP) system that supports scalable, data-driven expansion. Touchland analyzed data to understand consumer behaviors and found that shoppers were buying six or seven units at a time.

Planning 245

Planning Accounting Wholesale Consumer 245

Inside Retail

FEBRUARY 5, 2023

With Adamantem, we plan to invest in further expansion of our global footprint, leverage customer insights and analytics to drive our customer proposition and establish market-leading ESG frameworks for the business,” said Alani. “Retail Zoo’s brands are well positioned through cycles as an ‘affordable indulgence’ offering.”

Accounting 279

Accounting Planning Marketing Management 279

Inside Retail

SEPTEMBER 19, 2022

Now the company’s founder has disclosed, in an interview with Inside Retail , plans to treble its store network within five years, add another 10 brands to its portfolio, and expand abroad – all while preparing for a potential IPO. That said, we focus on brands that have the potential to scale and meet consumer needs.”.

Fashion 130

Fashion Planning Marketing Management 130

Inside Retail

MARCH 14, 2024

In 1999, the Italian eyewear conglomerate Luxottica acquired the firm with plans to expand its sunglasses line. Later on, in 2013, the American consumer product goods conglomerate Sequential Brands Group acquired Revo. Then, it set up a direct-to-consumer channel. “It billion in 2019 and generated US$3.48

Location 130

Location Wholesale Consumer Planning 130

Inside Retail

NOVEMBER 20, 2022

Founded in 2012 by CEO Tim Dunn, Bushbuck is a hunting and outdoor brand that uses a direct-to-consumer business model. The Australian market currently accounts for 16 per cent of its sales, and the company aims to grow that to 38 per cent by 2025. Since 2019, the business has grown revenue by 300 per cent, with $4.3

Outdoor 245

Outdoor Accounting Planning Marketing 245

Retail TouchPoints

NOVEMBER 29, 2021

Gift cards are shaping up to be a holiday hero this season, as consumers and retailers continue to grapple with supply and shipping issues. According to WalletHub, the top five most popular gift cards among American consumers (in descending order) are: Amazon; Visa; Walmart; Target; and Starbucks.

Shopping 293

Shopping Shipping Consumer Planning 293

Retail TouchPoints

JUNE 9, 2021

If you’re a consumer brand in a category with Amazon private label, however, Amazon’s private label presence certainly feels more pronounced. In this case, the manufacturer is responsible for the inventory planning, marketing and promotional strategy. Amazon Has Launched a Private Label Competitor to my Products. How do I Compete?

Consumer 294

Consumer Fashion Promotions Advertising 294

Inside Retail

APRIL 22, 2024

According to a recent Euromonitor report, while consumer food-service value nears pre-pandemic levels in 2024, dining-in at restaurants will not return to pre-pandemic level until 2028 in Asia Pacific. The report predicts that regular dining out will be off the menu for cost-conscious consumers until 2028. trillion in 2023.

Kiosk 147

Kiosk Fulfillment Consumer Accounting 147

Retail TouchPoints

APRIL 27, 2021

Research by The Ascent showed that among people who have used a BNPL service, 45% first did so in 2019, 21% first did so in 2020, and only 7% had used a BNPL service prior to 2015. As the popularity of BNPL increases, it is important for consumers and merchants to weigh the benefits and the drawbacks of using/offering these payment options.

Merchant Services 130

Merchant Services Payment Services Consumer Point of Sale 130

Inside Retail

NOVEMBER 16, 2022

Burberry’s new chief executive Jonathan Akeroyd will on Thursday set out his plan to finish the job started by his predecessor: boosting growth at the British luxury brand to the levels of its European rivals. Leather goods account for around 20 per cent of Burberry’s sales versus 70 per cent at Bottega Veneta.

Fashion 278

Fashion Department Stores Planning Accounting 278

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

JULY 26, 2022

With rising gas prices, food shortages, skyrocketing interest rates and ever-present inflation, consumers are worried and that means retailers are worried, too. We’re already seeing online shopping demand level off , with consumers finding a new balance between digital and physical channels. Loyalty Shifts to Value.

Drop-Shipping 278

Drop-Shipping Fulfillment Consumer Shipping 278

Inside Retail

JANUARY 21, 2024

The American Book Association (ABA) measured 2,185 bookstore businesses, 2,599 locations, and over 300 more members in 2023 than it had in 2019, making its highest membership levels in over 20 years. In August 2019, Daunt was appointed as Barnes & Noble’s CEO, presumably to “save” the retailer in a similar manner.

Location 130

Location Accounting Shopping Marketing 130

Retail TouchPoints

SEPTEMBER 28, 2020

Retailers will need to account for the heightened demand for home deliveries from COVID-19, which has incentivized many retailers to form new relationships with Instacart, Shipt, DoorDash and other services that enable home delivery at scale. The rescheduled Prime Day, set for Oct. 13-14 , will kick off the season.

Fulfillment 302

Fulfillment Department Stores Shipping Planning 302

Retail TouchPoints

NOVEMBER 3, 2022

A recent survey from retail research firm NPD showed that the share of consumers’ planned shopping for the holidays ticked up this year for in-store versus online, in contrast to a long-term decline, and major retailers like Walmart and Party City just announced plans to direct the majority of their holiday hires to work on store floors.

Accounting 262

Accounting Returns Management Advertising 262

Retail TouchPoints

APRIL 12, 2021

The penalty amount was determined by applying a 4% rate to Alibaba’s 2019 domestic revenues. The total accounts for less than 20% of Alibaba Group’s free cash flow over the last 12 months, said the company’s Executive Vice Chairman Joe Tsai in a conference call April 12. These include the elimination of its exclusivity arrangements.

Accounting 263

Accounting Promotions Marketing Planning 263

Retail TouchPoints

JULY 30, 2020

Households with children in elementary and high school are set to spend an average of $789.49 , far exceeding the 2019 record of $696.70. Only consumers only had 17% of their shopping done by early July, and 54% said they held off on spending because they didn’t know what they needed. per family, up from $976.78 — another record.

Merchant Services 250

Merchant Services Advertising Apparel Planning 250

Retail TouchPoints

FEBRUARY 23, 2021

Developed to help consumer brands and retailers optimize and scale their omnichannel and ecommerce operations, SoundCommerce integrates data from siloed sources across a company to give decision makers a comprehensive, real-time view of the business. The company also plans to scale its marketing, sales and channel partnership activities.

Jewelry 147

Jewelry Consumer Accounting Management 147

Retail Focus

JANUARY 24, 2023

in December, with consumers stocking up for the holiday season and people spending less out and about. Non-food retail was significantly down in 2022 when compared with 2019 figures. For example, textiles, clothing and footwear sales were down from 2019 but slightly up compared to 2021 sales volumes. Sainsbury’s (SBRY.L)

Supermarket 130

Supermarket Accounting Marketing Returns 130

A1 Retail

MAY 10, 2022

Takeaways, nights out and subscriptions all had smaller uplifts than in March as rising prices led to changes in consumer behaviour. The Barclaycard report combines hundreds of millions of customer transactions with consumer research to provide an in-depth view of UK spending. Consumer card spending grew 18.1 per cent and -9.9

Consumer 75

Consumer Beauty and Health Finance Department Stores 75

Inside Retail

APRIL 11, 2021

billion) – around 4 per cent of its revenues in 2019 – for violating anti-monopoly rules and abusing its dominant market position. The SAMR ordered Alibaba to make “thorough rectifications” to strengthen internal compliance and protect consumer rights. Chinese regulators have fined Alibaba 18 billion yuan ($2.75

Merchant Services 130

Merchant Services Accounting Marketing Planning 130

Inside Retail

SEPTEMBER 6, 2022

Customers will be able to create accounts and list items for rent directly from the online checkout pages of participating brands, helping Designerex reach new customers and increase its inventory. The platform is doing triple the volume it did in 2019, its last normal trading year that wasn’t affected by Covid-19 lockdowns. .

Fashion 130

Fashion Checkout Fast Fashion Consumer 130

Retail TouchPoints

DECEMBER 3, 2020

Digital will continue to be the star: Although Black Friday spending was lower than Adobe’s projections, consumers still spent a total of $9 billion online, making it the second-largest online spending day in U.S. Consumers spent $10.8 Shopper Yield data revealed that spend per consumer increased 36.3% over the 2019 holiday.

Drop-Shipping 176

Drop-Shipping Consumer Merchant Services Shipping 176

Retail TouchPoints

JANUARY 24, 2023

The Transformation of Search Consumers are searching a lot. Instead, we’re seeing the rise of retail search — meaning more consumers are either ending or doing their entire search process on Amazon and other retail sites instead of going to search engines. But they’re beginning and ending their searches in different ways and places.

Advertising 229

Advertising Social Commerce Consumer Fulfillment 229

Inside Retail

NOVEMBER 22, 2022

In 2019, it brought in 233.5 billion at today’s exchange rates, accounting for close to a quarter of the revenue from the company’s department store business. The Japan Tourism Corporation states that, in 2019, more than 30 million people visited Japan. But a better reference point is the corresponding period of 2019.

Department Stores 130

Department Stores Boutique Accounting Returns 130

Inside Retail

MARCH 23, 2022

With the global luxury goods market expected to be worth around US$430 billion* by 2025 – and Chinese luxury consumption set to account for nearly half of that – Lanvin Group said it sees itself as “well-positioned to capture the enormous growth potential driven by flourishing demand for luxury goods globally”.

ATS 130

ATS Fashion Accounting Point of Sale 130

Inside Retail

JANUARY 10, 2024

The world’s largest retailer shared expansive plans for the future of retail at the recent Consumer Electronics Show (CES 2024), focusing on adaptive retail strategies that encompass realms of customers, workforce and society. Walmart is not resting on its laurels. There is also a new AR feature called ‘Shop With Friends’.

Shopping 262

Shopping Payment Services Social Commerce Checkout 262

Retail TouchPoints

FEBRUARY 23, 2021

“Our investments in digital innovation continued to pay off in the quarter, with digital sales up 21% from 2019. Digital accounted for 44% of net sales in Q4 2020, and the retailer also highlighted the fact that 25% of its digital sales were fulfilled from its brick-and-mortar stores via curbside pickup and same-day delivery.

Department Stores 211

Department Stores Returns Jewelry Apparel 211

Retail TouchPoints

JUNE 15, 2023

According to Nikkia Reveillac, Netflix ’s Director of Consumer Insights, it’s something that any company can do with the right approach and focus. Reveillac has led consumer insights at some of the biggest companies in the world, first for 14 years at Colgate-Palmolive.

Consumer 263

Consumer Marketing Supermarket Accounting 263

Inside Retail

AUGUST 4, 2021

billion) from the 2 billion it slumped to in 2020 and restore its operating profit margin to 12 percent of sales by 2025, the same level it was at in 2019 before the pandemic. Hugo Boss, known for its smart men’s suits, wants e-commerce to account for 25-30 percent of sales by 2025 from about 16 percent now.

Fashion 130

Fashion Accounting Planning Consumer 130

Retail TouchPoints

JULY 9, 2020

For the luxury category, the pandemic’s impact has been multi-faceted, raising the stakes for brands to have larger conversations around how the “luxury experience” is defined and created for an evolved consumer base. Trend 1: Evolving Consumer Priorities Could Depress Luxury Spending. trillion in current exchange rates.

Clienteling 255

Clienteling Consumer Accounting Boutique 255

Retail TouchPoints

NOVEMBER 30, 2020

Brick-and-mortar sales — which will account for 81.2% Retailers will have to have a definitive plan to communicate order confirmations, delivery updates and delay notifications. Consumer Expectations are Higher. Consumer Expectations are Higher. Consumers Want Options. of total U.S. this year by two full years.

Drop-Shipping 159

Drop-Shipping Shipping Consumer Planning 159

A1 Retail

APRIL 12, 2022

Nine in 10 consumers are concerned about the negative impact of rising household bills on their personal finances. The Barclaycard report combines hundreds of millions of customer transactions with consumer research to provide an in-depth view of UK spending. per cent compared to the same period in 2019. Card spending grew 17.7

Consumer 40

Consumer Finance Outdoor Supermarket 40