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.

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Specialty Retailers Accounting Location Returns 258

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 271

Advertising Planning ATS Marketing 271

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 244

Wholesale Accounting Returns Marketing 244

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. By 2028, delivery is expected to account for 23 per cent of Asia Pacific food-service sales, compared to 21 per cent in 2023.

Kiosk 147

Kiosk Fulfillment Consumer Accounting 147

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 295

Fulfillment Accounting Returns Consumer 295

Retail Focus

JANUARY 24, 2023

The Bank of England has predicted that the United Kingdom is falling into a prolonged recession, with inflation not expected to return to its target level of 2% until 2024. When analysing market conditions, however, other factors need to be taken into consideration, including the geo-political climate and weather conditions.

Supermarket 130

Supermarket Accounting Marketing Returns 130

Inside Retail

SEPTEMBER 26, 2022

Online sales, favoured during lockdowns, might have been expected to decrease as life returned to normal, however, the research showed the trend endured, accounting for 3 per cent of total sales in 2019 to 6 per cent in 2021. Sportswear is proving a strong and “safe bet” in menswear, the research concluded.

Department Stores 130

Department Stores Store Layout Fashion Returns 130

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. Having the data is one thing; using it to target ads, provide ad analytics and demonstrate a return on ad spend (ROAS) is another.

Advertising 259

Advertising Sporting Goods Boutique Returns 259

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 212

Consumer Payment Services Apparel Accounting 212

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. This year, Isetan-Mitsukoshi projects sales to return to pre-pandemic levels and even beat the record set in 2018. trillion yen, still more than 10 per cent below 2019.

Department Stores 130

Department Stores Boutique Accounting Returns 130

Inside Retail

FEBRUARY 20, 2023

per cent in September 2022 only slightly above 2019 levels and well down from the 2020 high of about 24 per cent, suggesting that the amount of dry powder in consumers wallets is declining. The impact of higher interest rates on the housing market is apparent. Domestically, the household savings rate was 6.9 per cent in 2022.

Department Stores 246

Department Stores Returns Consumer Marketing 246

Retail TouchPoints

NOVEMBER 3, 2022

But with every upside is a downside: as more people crowd store aisles, smaller retail staffs move a greater number of items, and retailer-owned or -leased trucks, vans and cars return to congested roads and highways, the potential for increased and costly accidents and injuries arises.

Accounting 260

Accounting Returns Management Advertising 260

Retail TouchPoints

AUGUST 30, 2021

Retail rode strong into Q2 2021 as shoppers returned to stores even as digital sales remained elevated. I’m not an accountant, but stores are on the asset side of the balance sheet for a reason, and they need to be leveraged as much as possible to squeeze as much out of them as you can.”. compared to Q2 2019.

Consumer 310

Consumer Fulfillment Department Stores Sporting Goods 310

Inside Retail

APRIL 24, 2023

With the return of tourism to New York after pandemic-related declines, luxury retailers are again betting on refreshed flagships to drive consumer interest and traffic. million international visitors in 2019, according to the New York City Tourism and Conventions bureau. in the first quarter of 2019 to 3.8% billion in 2025.

Returns 130

Returns Accounting Location Management 130

Retail TouchPoints

MAY 5, 2021

billion compared to roughly $3 billion in 2019, according to data from IWSR. At Vroom, unit sales increased 82% YoY in fiscal year 2020 , and revenue was up $916 million from 2019. FastGrowingTrees is overcoming that hurdle through extensive national marketing. were up 80% last year, approaching $5.6

Returns 272

Returns Consumer Marketing Comparison Shopping 272

Retail TouchPoints

MARCH 1, 2024

For example, by specifically retargeting those customers who had added to their online carts over the previous 30 days, and spotlighting the specific items they had browsed or put into their carts, Natori achieved a Return on Ad Spend (ROAS) of 943% in Q3 2023. We also get end-to-end accountability in the supply chain.”

Department Stores 208

Department Stores Wholesale Finance Apparel 208

Inside Retail

NOVEMBER 8, 2021

Our analysis of shareholder ESG resolutions put forward in listed Australian companies between 2002 and 2019 finds they have increased in number, prominence and impact. Four industries – energy, banking, insurance and materials – accounted for 83.5% Shareholder ESG Resolutions per year. Freeburn and Ramsay 2021.

Finance 246

Finance Accounting Returns Marketing 246

Retail TouchPoints

NOVEMBER 3, 2021

Sodipo most recently led Product Finance and Strategy at Stripe and will bring her expertise in payments to Glossier’s Accounting and Finance teams. She will work closely with Chief Marketing Officer Ali Weiss and Chief Technology Officer Pawan Uppuluri to help maintain the brand both online and offline.

Finance 246

Finance Payment Services Accounting Returns 246

Retail Gazette

APRIL 8, 2024

Savvy Marketing CEO Catherine Shuttleworth says there are a few factors behind this, citing the “softening” of consumer spending on clothing, the shift towards casual attire amid remote working, and the demise of the department store. But the brand’s problems predate Debenhams’ demise in 2020.

Department Stores 105

Department Stores Fashion Returns Accounting 105

Inside Retail

AUGUST 13, 2023

“In the past, digital signage has very much been ‘let’s put a TV here and some LED here’ but those days are over,” adds Natalie Layton, Entwined’s key account manager. “It’s Today, there is a growing opportunity around connecting the in-store retail media piece of the broader marketing puzzle, continues Hanns. “We

Point of Sale 130

Point of Sale Promotions Returns Accounting 130

Inside Retail

FEBRUARY 25, 2024

billion active users, and offers mini apps and official brand accounts, offers brands the widest reach. The luxury marketplace While Chinese consumers were largely unable to travel overseas during the pandemic, the domestic luxury market continued to grow. WeChat, which has amassed over 1.2 billion trips, with spending of US$1.7

Consumer 130

Consumer Fashion Marketing Accounting 130

Retail TouchPoints

APRIL 28, 2023

The True Creators Program is designed to provide several emerging designers with the resources, from manufacturing to materials and marketing support, to craft and launch limited collections for the brand. During this time, as a “lean and mean” team, “We didn’t really have social media, we didn’t do any marketing,” Wells explained. “We

Fashion 252

Fashion Consumer Marketing Accounting 252

Inside Retail

OCTOBER 11, 2021

With occupancy rates under pressure, shopping-centre landlords have already reviewed property valuations to account for tighter rent market conditions and financial concessions required to retain key retail brands. Myer online sales increased by 28 per cent, to $540 million, in FY21, accounting for 20 per cent of total group sales.

Shopping 130

Shopping Consumer Accounting Department Stores 130

Inside Retail

APRIL 28, 2021

As bricks and mortar retailing returns to pre-pandemic rates, business owners are left to question whether the traditional in-store experience suffices in this new, convenience-driven consumer world. While reducing both the economic and environmental cost of returns. The leading reason for return being wrong sizing.

Fashion 130

Fashion Returns Consumer Accounting 130

Inside Retail

APRIL 28, 2021

As bricks and mortar retailing returns to pre-pandemic rates, business owners are left to question whether the traditional in-store experience suffices in this new, convenience-driven consumer world. While reducing both the economic and environmental cost of returns. The leading reason for return being wrong sizing.

Fashion 130

Fashion Returns Consumer Accounting 130

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%.

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ATS Drop-Shipping Advertising Shopping 192

Cisco Retail

JUNE 2, 2022

In Episode 25, Ron Horan, Cisco Senior Director of Product Management returns and we start a new conversation based on his experience in this space. Director of Sales and Strategic Account Manager covering the Hewlett Packard worldwide account. The pluggable optics industry is no exception and has been impacted significantly.

Accounting 91

Accounting Management Returns Marketing 91

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

MARCH 3, 2022

Enhancements to its same-day delivery offering with the previously announced addition of product returns and Starbucks order pickup to its Drive Up service at select stores, as well as an expansion of the backup item option for more categories.

Payment Services 216

Payment Services Shopping Planning Fulfillment 216

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. The most notable shift between the 2019 back-to-school season and today is the strong consumer preference for technology over traditional items like apparel and even school supplies.

Merchant Services 249

Merchant Services Advertising Apparel Planning 249

Inside Retail

DECEMBER 10, 2023

We had some markets like China, which is 20-plus per cent of the world’s population and it was 2 per cent of our business. That strategy took us from not delivering results to growing six-plus per cent from 2015 to 2019 when we did the IPO on a CAGR basis. It was the same thing in India… way underdeveloped.”

Consumer 245

Consumer Marketing Department Stores Fashion 245

Inside Retail

SEPTEMBER 6, 2022

A decade ago, convenience stores were a rare sight in Vietnam, where the vast majority of the population was used to shopping in traditional markets or mom-and-pop stores for everyday grocery needs. In recent years, the nation’s convenience store market has seen rapid escalation – and sophistication – in the larger cities.

Payment Services 130

Payment Services Supermarket Marketing Kiosk 130

Inside Retail

OCTOBER 18, 2021

82 per cent year-on-year, from January to June 2021, data from market research firm NPD Group shows. Even compared with the same period pre-pandemic, in 2019, growth for this category has nearly doubled. Surprisingly, new launches accounted for only a small percentage of the sales. Emerging hand sanitiser market.

Boutique 147

Boutique Department Stores Consumer Returns 147

Inside Retail

NOVEMBER 25, 2021

Our current plan is to come off the platforms that have chosen to ignore their own evidence, but we will return if they make their spaces safe. IR: Lush quit Facebook and Instagram in 2019, but started posting off and on again in 2020. Why was that? IR: Do you anticipate this decision will impact your sales? per cent of total sales.

Advertising 130

Advertising Accounting Beauty and Health Planning 130

Retail Next

OCTOBER 15, 2019

A great way to generate new and lasting business relationships is by exploring different marketing strategies, including video marketing. With video predicted to account for 80 percent of all web traffic by the end of 2019, the significance of this marketing tool for retailers cannot be overstated.

Marketing 59

Marketing Jewelry Shopping Promotions 59

Inside Retail

JANUARY 31, 2023

Late last year brought a symbolic event in the athletic footwear business in China: it was the return of the Shanghai Marathon, scratched in 2021, which attracted a record 18,000 runners and was won, both in the men’s and women’s divisions, by Chinese athletes. The Chinese market is hugely important to the company.

Consumer 130

Consumer Apparel Fashion Outdoor 130

Inside Retail

JULY 21, 2023

After years of being sidelined on the alternative calendar, Seoul Fashion Week has become a popular fashion destination to discover bubbling trends before they hit the mainstream, and this year marks its highly-awaited return to physical shows following a two-year hiatus due to the pandemic. billion to $37.18 billion, respectively.

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Fashion Fast Fashion Accessories Wholesale 130