Retail TouchPoints

NOVEMBER 6, 2020

With brand marketers charged with growing market share and attracting new consumers throughout the never-ending cycle of seasonal marketing, the search for a competitive advantage over others in the category has never been more intense. Visibility is Requisite but not Guaranteed. That’s just bad business.

Marketing 140

Marketing Promotions Outdoor Consumer 140

Retail TouchPoints

JUNE 27, 2022

BSN is one of the nation’s largest direct marketers and distributors of sporting goods, footwear, apparel and branding to the school and league markets. The Team Sales business has historically accounted for less than 1% of Foot Locker’s annual consolidated sales.

Sporting Goods 200

Sporting Goods Apparel Accounting Marketing 200

Inside Retail

MARCH 14, 2024

Today, Revo Sunglasses is led by chief executive officer Cliff Robinson, a third-generation member of the heritage optometry company, who is proud to be a part of the brand’s independent revival in the market. Robinson recalled that the company originally had plans to set up the shop back in 2019, “But we know where this story ended up.

Location 130

Location Wholesale Consumer Planning 130

Inside Retail

APRIL 15, 2024

When a knockoff goes viral Sakr explained that she was first made aware of the Barney Bed dupe on TikTok after numerous accounts tagged her in a video showcasing Aldi’s dog bed. Inside Retail spoke to Sakr to understand the side effects of being duped on small businesses and what it signals for the state of the retail industry at large.

Supermarket 277

Supermarket Consumer Advertising Accounting 277

Retail TouchPoints

MAY 18, 2023

In 2019, Touchland closed deals with notable retail partners like Urban Outfitters , Bloomingdale’s and Neiman Marcus. Lisbona explained that having a robust and accurate record of customer touch points can significantly improve the way brands engage with consumers across marketing, advertising and service channels.

Planning 236

Planning Accounting Wholesale Consumer 236

Inside Retail

MARCH 12, 2023

So far, this approach has worked well in markets like Singapore and Malaysia. Key trends Food delivery now accounts for almost 15 per cent of restaurant sales in the Apac region, according to Bharara. The Apac market In February, Measurable.ai per cent CAGR from 2019 to 2022.

Customer Experience 130

Customer Experience Marketing Accounting ATS 130

Inside Retail

APRIL 22, 2024

In transaction volumes, the market experienced 10 per cent growth in 2023, outpacing the rate of new outlets opening, which remained at 3 per cent growth. By 2028, delivery is expected to account for 23 per cent of Asia Pacific food-service sales, compared to 21 per cent in 2023. trillion in 2023.

Kiosk 147

Kiosk Fulfillment Consumer Accounting 147

Inside Retail

JULY 27, 2023

McConnell told Inside Retail that the “tone at the top” matters more than people think, and that, in his experience, boards do a bad job of holding themselves accountable. During these years, the business struggled to gain traction in the rapidly changing e-commerce market.

Accounting 242

Accounting Returns Management Marketing 242

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 237

Finance Accounting Consumer Promotions 237

Retail TouchPoints

NOVEMBER 3, 2022

He was replaced as CFO on an interim basis by SVP and Chief Accounting Officer Laura Crossen. The filing noted that the company had “no reason to believe” that sensitive and/or personally identifiable information (PII) had been accessed. In early September 2022, the retailer’s CFO Gustavo Arnal died in what was ruled a suicide.

Payment Services 233

Payment Services Accounting Store Operations ATS 233

Retail TouchPoints

AUGUST 15, 2022

PacSun has teamed up with a new kind of spokesperson for its back-to-school and holiday 2022 marketing campaigns — virtual influencer Miquela. The new partnership marks the “beginning of an exciting marketing strategy” for PacSun, which said it will be leaning more into the virtual influencer space and the metaverse throughout Q4.

Fashion 209

Fashion Marketing Accounting Consumer 209

Inside Retail

JANUARY 21, 2024

In conversation with reporter Lauren Thomas of The Wall Street Journal, Daunt discussed the realities of keeping up the bookstore chain’s legacy in a rapidly shifting market. In August 2019, Daunt was appointed as Barnes & Noble’s CEO, presumably to “save” the retailer in a similar manner. per cent from pre-pandemic sales of 2019.

Location 130

Location Accounting Shopping Marketing 130

Retail TouchPoints

JANUARY 11, 2023

Microsoft is gearing up to take a bigger piece of the growing retail media pie with the debut of a suite of new capabilities through its PromoteIQ marketing platform, which the company acquired in 2019. alone by 2024, accounting for 20% of total digital ad spend, according to Insider Intelligence.

Advertising 265

Advertising Planning ATS Marketing 265

Retail TouchPoints

JANUARY 10, 2022

Mattress Firm has publicly filed for an IPO that will return the furniture retailer to the public markets six years after South Africa’s Steinhoff International took the company private. After going private in 2016, the chain hit a few bumps in the road, including an accounting scandal that saw the resignation of the current CEO.

Specialty Retailers 253

Specialty Retailers Accounting Location Returns 253

Inside Retail

MAY 19, 2021

A further 39 per cent said they kept shopping with the brands they had a loyalty account with regardless of the pandemic, while 13 per cent said they shopped where they wanted regardless of loyalty programs. This could be due to a continued, if slow, shift in what customers actually want from their loyalty programs. this brand speaks to me).

Accounting 350

Accounting Shopping Consumer ATS 350

Retail TouchPoints

JUNE 15, 2022

Google does have a direct-purchase feature, Buy on Google, which is similar to what Bing has rolled out, but it accounts for only a fraction of the more than 1 billion shopping sessions Google sees every day, according to Madrigal. Bing accounts for approximately 25% of total monthly search volume in the U.S.,

Merchant Services 291

Merchant Services Shopping Payment Services Advertising 291

Inside Retail

SEPTEMBER 20, 2023

Efforts to regain momentum at the label, which accounts for the bulk of sales and profits at Kering, have prompted broad change in the group’s top management. We don’t think that a margin reset would be badly received by the market,” said Carole Madjo, analyst with Barclays.

Fashion 130

Fashion Boutique Accounting Advertising 130

Retail Focus

JANUARY 24, 2023

When analysing market conditions, however, other factors need to be taken into consideration, including the geo-political climate and weather conditions. Market research shows retail food sales are expected to grow by around 5% in 2023. Non-food retail was significantly down in 2022 when compared with 2019 figures.

Supermarket 130

Supermarket Accounting Marketing Returns 130

Retail TouchPoints

MARCH 14, 2022

The letter states that Amazon engaged in a “pattern and practice” of misleading conduct reportedly designed to “influence, obstruct or impede” the committee’s 16-month investigation into competition in digital markets. Amazon and its executives must be held accountable for this behavior.

Accounting 254

Accounting Marketing ATS 254

Retail TouchPoints

MAY 19, 2022

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. Frisk’s remit when he joined was to reengineer Under Armour’s structure, systems and go-to-market process. Browne has held the role of COO since 2020.

Wholesale 238

Wholesale Accounting Returns Marketing 238

Inside Retail

APRIL 7, 2022

The Sydney Morning Herald said FairPrice accounts for about 60 per cent of the market share in Singapore, while Coles currently holds 28 per cent in its home market. The post Coles starts selling own-brand lines in Singapore grocery chain appeared first on Inside Retail.

Accounting 130

Accounting Marketing ATS Supermarket 130

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. Additionally, the retailer saw strong market share gains across all five of its core merchandise categories. of the retailer’s Q2 sales. Walmart U.S.

Fulfillment 289

Fulfillment Accounting Returns Consumer 289

Inside Retail

APRIL 14, 2024

So, it came as a surprise to some when the LVMH-owned retailer announced on its Korean social media accounts that it would be gradually terminating all its operations in South Korea, including its app, online store, and physical stores, beginning May 6. billion in 2022, making the country one of the top 10 beauty markets in the world.

Location 130

Location Department Stores Consumer Marketing 130

Inside Retail

FEBRUARY 15, 2022

“The price adjustment takes into account changes in production costs, raw materials, transportation as well as inflation,” the label said in a statement given to Reuters. The price increases will affect Louis Vuitton stores worldwide and cover leather goods, fashion accessories and perfumes, the spokesperson said on Tuesday.

Accessories 240

Accessories Fashion Accounting Marketing 240

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.

Consumer 206

Consumer Payment Services Apparel Accounting 206

Retail TouchPoints

NOVEMBER 4, 2020

In 2019 , the total market share of online U.S. Without proper identification of the individuals behind transactions or new account openings, it’s difficult for retailers to tell the difference between good customers and bad actors, and therefore easier for fraudulent activity to slip through. The result?

Merchant Services 311

Merchant Services Payment Services Accounting Jewelry 311

Inside Retail

AUGUST 22, 2022

However, earlier this month, it drew anger from Chinese social media users after its Spanish Instagram account posted a picture of dolls, one of which it called a “Japanese geisha doll” but which Chinese users pointed out was wearing a qipao dress, a traditional Chinese outfit.

Accounting 130

Accounting Promotions Shopping Consumer 130

Inside Retail

NOVEMBER 19, 2023

The world’s biggest luxury brands seeking growth in their second-largest market China are all courting the likes of wealthy entrepreneur Diana Wang. “But you still need to invest in your biggest market and one that is an engine of growth,” Ortelli said.

Accounting 130

Accounting Finance Advertising Consumer 130

Inside Retail

APRIL 6, 2022

‘Iconic’ is quite possibly the most overused and devalued word in business marketing, the go-to term for marketers in their media releases to spruik anything they happen to be pushing at the moment. trillion in 2019, a decline of more than 22 per cent. Before the Covid horror show, in 2019, Takashimaya’s sales were YEN848.5

Department Stores 130

Department Stores Accounting Apparel Shopping 130

Retail TouchPoints

AUGUST 9, 2022

In fact, a 2019 study from the Journal of Management Accounting Research found that combining the two roles had no adverse effects on the businesses it studied and can lead to operational and fiscal efficiencies.

Finance 237

Finance Accounting Management Consumer 237

Inside Retail

NOVEMBER 16, 2022

Akeroyd, who took over in April, will present his strategy alongside first-half results that will show the lingering impact of lockdown restrictions in China, Burberry’s biggest market. 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

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

Cisco Retail

NOVEMBER 4, 2021

Hence three key acquisitions in this space, including Luxtera which Cisco acquired in 2019. Director of Sales and Strategic Account Manager covering the Hewlett Packard worldwide account. In 2011 Ron moved to Luxtera where he worked as Vice President of Sales before moving into the role as Vice President of Marketing.

Accounting 140

Accounting Management Marketing ATS 140

Retail TouchPoints

JULY 14, 2021

The move sent share prices for other BNPL providers downward as the market reacted to the news. This builds on Apple and Goldman’s existing partnership on the Apple Card credit card, which has been backed by the investment bank since 2019. Apple is a giant in the payments market, with Apple Pay growing to be accepted at 85% of U.S.

Payment Services 299

Payment Services Planning Accounting Marketing 299

Cisco Retail

NOVEMBER 16, 2021

Hence three key acquisitions in this space, including Luxtera which Cisco acquired in 2019. Director of Sales and Strategic Account Manager covering the Hewlett Packard worldwide account. In 2011 Ron moved to Luxtera where he worked as Vice President of Sales before moving into the role as Vice President of Marketing.

Accounting 136

Accounting Management Marketing ATS 136

Retail TouchPoints

JANUARY 20, 2023

Even more impressive, eMarketer expects it to nearly double, from $31 billion in 2021 to more than $61 billion by the end of 2024, when it will account for almost 20% of digital advertising spend. Walmart uses The Trade Desk as its DSP and acquired two companies — Polymorph Labs in 2019 and Thunder in 2021 — for the supply side.

Advertising 254

Advertising Sporting Goods Boutique Returns 254

Inside Retail

NOVEMBER 22, 2023

The online retail, or e-commerce, market surpassed a staggering $1.09 trillion in 2022, marking a 209 per cent increase from 2019, according to Comscore. Threat actors highly covet consumer credit cards and personally identifiable information (PII) as criminals can quickly and easily monetise it. This effort does pay off.

Payment Services 162

Payment Services Supply Chain Management Accounting Point of Sale 162