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Bloomberg: Party City Reaches Out to Creditors for More Liquidity

Retail TouchPoints

Party City has been faced with both challenges that are affecting retail in general — such as inflation and higher shipping costs — and those that are unique to its business, such as a helium shortage. compared to 2019. “We The retailer had about $121.5 billion in debt. However, the retailer is still struggling on the sales side.

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How Build-A-Bear’s Pandemic Shift Created Long-Term Omnichannel Opportunity

Retail TouchPoints

In the longer term, it gave us this ability to grow and add things like ship-from-store, in-store pickup and same-day delivery through Shipt , which is another key component of what we wanted to do for last-minute gift givers.”. Creating Joy Amid Uncertainty. In Q4 2021, it processed 70% of online orders through its stores.

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4 Key Steps to Profitable Store-Based Fulfillment

Retail TouchPoints

The dramatic increase in ecommerce volume triggered by the pandemic increased many retailers’ topline revenues, but many are finding it difficult to contain the costs of new types of order fulfillment such as BOPIS, ship-from-store and curbside pickup, according to a report from Incisiv , commissioned by Manhattan Associates Inc.

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Amazon’s ‘Regionalization’ of its U.S. Logistics Network Leads to Reduced Costs, Faster Delivery

Retail TouchPoints

Amazon has been overhauling its logistics network to “regionalize” where inventory is located across the U.S. in an effort to reduce delivery costs while maintaining the fast shipping speeds the company is known for, multiple sources report and Amazon has confirmed.

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Paper Store POS Upgrade Untethers Associates, Boosts Productivity

Retail TouchPoints

The retailer, which had not done a major POS upgrade since 2019, adopted a cloud-native POS solution from Jumpmind that not only unchained associates from the cash wrap but had the added benefit of being easier for them to use. The retailer also has tapped Jumpmind’s Promote application for managing deals and promotions.

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#RSP22: Everything You Need to Know About Holiday 2022

Retail TouchPoints

The Retail TouchPoints 2022 Retail Strategy & Planning (#RSP22) webinar series, now available on-demand, offered a wealth of tips and best practices across critical areas including pricing, location-based technology, inventory management and marketplaces.

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How US retailers are preparing for this year’s holiday shopping period

Inside Retail

According to the Census Bureau, retailers held almost US$760 billion in inventories in August 2022, up by a shocking 30 per cent from August 2019, approximately double the rate of sales growth in that period. Walmart has been using advanced AI technology to optimise inventory management for a few years already.

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