Retail TouchPoints

JANUARY 31, 2023

In contrast, in the 2019 RPI, no club store ranked higher than seventh. Personalized prices, promotions and rewards also became 3X more important at driving overall price perception compared to 2019. In 2020 and 2021, the pandemic helped propel and then solidify Amazon as the top grocery retailer over H-E-B, Trader Joe’s and Wegmans.

Grocer 268

Grocer Wholesale Consumer Promotions 268

Retail TouchPoints

APRIL 21, 2023

million to its creditors after filing for Chapter 11 on April 16, according to documents filed in bankruptcy court. David’s Bridal has been struggling with changing consumer habits — weddings fell to their lowest level in 121 years in 2020, which is unsurprising, and they have yet to return to previous levels.

Returns 257

Returns Planning Management Consumer 257

Retail TouchPoints

DECEMBER 1, 2021

higher than 2020’s, although it was not yet back up to 2019 levels (Black Friday 2021 was down 28.3% from 2019, according to Sensormatic Solutions ). million shoppers in 2020. Retailers held back on price promotions in 2021 compared to previous Cyber Weeks: the average selling price was up 11% in the U.S.

Promotions 276

Promotions Shopping Consumer Checkout 276

Retail TouchPoints

AUGUST 12, 2020

Walmart’s Canadian division launched a pilot with Instacart in Toronto and Winnipeg in September 2018, and rolled it out nationally 11 months later. in 2020, up from 4.7% Although this is the first working arrangement between Instacart and Walmart in the U.S., e-Commerce to 5.8%

Consumer 359

Consumer Location Customer Experience ATS 359

Retail TouchPoints

JUNE 15, 2022

Its second effort began in 2011 and was successful enough to reach an 11- store footprint across the country, including a flagship location in Shanghai, but the retailer left China and several other countries in 2019 when it filed for bankruptcy.

Fast Fashion 230

Fast Fashion Advertising Fashion Location 230

Mass Relators

MAY 31, 2022

In all the company announced 11 appointments, including promotions from within its own teams and appointments of executives who are new to the company. He joined the DG real estate and development team in 2020 and most recently served as vice president of real estate.

Promotions 52

Promotions Employee Engagement Store Operations Management 52

Retail TouchPoints

FEBRUARY 26, 2021

Costco set its minimum wage at $15 in 2019 and has been paying an extra $2 an hour premium to its workers since March 2020 as part of its effort to help them through the financial strain caused by the pandemic. The retailer has more than 180,000 employees in the U.S. “As

ATS 210

ATS Planning 210

Retail TouchPoints

JANUARY 5, 2021

Preliminary holiday 2020 results have proven unsurprising so far: analysts expect modest year-over-year growth fueled by a massive increase in ecommerce activity across a longer-than-usual season. 11 through Dec. 24, 2020), or 2.4% However, the larger story of holiday 2020 is still being written. 3 shopping day in 2019.

Drop-Shipping 259

Drop-Shipping Merchant Services Returns Shipping 259

Retail TouchPoints

AUGUST 2, 2022

Like so many consumers during the COVID pandemic, SNAP users moved their shopping online: 35,000 SNAP households shopped online in March 2020, but that number increased to more than 3 million in May 2022. Applications must be submitted by 11:59 p.m. Additional information can be found at Grants.gov. Eastern) on Sept.

Shopping 270

Shopping Planning Promotions Consumer 270

Retail TouchPoints

OCTOBER 19, 2022

Even eight years later, in 2019, it was only 3% of all grocery shopping, according to LEK Consulting. Online grocery shot up from $30 billion in 2019 ( 3% of total U.S. grocery spend, both online and in person) to almost $80 billion in 2020 ( 8% of total spend). Now only 54% of shoppers are buying online, versus 59% in 2020.

Fulfillment 277

Fulfillment Shopping Returns Customer Experience 277

Retail TouchPoints

MARCH 4, 2021

Bank , “has severely underperformed against the financial projections upon which its Chapter 11 plan of reorganization was based,” according to court documents. Tailored Brands emerged from bankruptcy in December 2020 after the process eliminated $686 million of the company’s debt and made Silver Point its largest equity holder.

Planning 261

Planning Returns Store Operations ATS 261

Retail TouchPoints

JULY 9, 2020

Ascena Retail Group is reportedly preparing to file for Chapter 11 bankruptcy and shutter at least 1,200 of its 2,800 locations, people familiar with the matter told Bloomberg. locations operational as of May 27, but traffic was lower than normal and Q3 2020 revenues fell 45% year-over-year. billion debt load.

ATS 184

ATS Accounting Location Store Operations 184

365 Retail

JUNE 16, 2021

With fewer opportunities to spend during the coronavirus lockdowns and large parts of the economy shut, the total number of payments across the UK fell in 2020 for the first time in six years. Overall, payments declined by 11% compared with 2019 to reach 35.6 During 2020, 13.7 million people compared with 2019.

Finance 52

Finance Supermarket Accounting Consumer 52

Retail TouchPoints

JULY 13, 2020

Apparel retailer RTW Retailwinds has filed for Chapter 11 protection in the U.S. The bankruptcy filing has been expected for several weeks; RTW Retailwinds revealed in June that it might have to close all its stores if it went into Chapter 11. For fiscal 2019, which ended Feb. Bankruptcy Court of New Jersey.

Apparel 149

Apparel Fashion Store Operations 149

Retail TouchPoints

MARCH 24, 2021

billion in annual operating profit in 2020, which GeekWire calculates as 63% of the company’s total operating profits for the year. ” Selipsky had worked in varying roles at Amazon Web Services for 11 years before leaving to lead the data analytics startup Tableau Software in 2016. The division brought in more than $13.5

Returns 262

Returns Marketing ATS 262

Retail TouchPoints

JUNE 24, 2021

to $11 billion across both days according to data from Adobe Analytics. Overall ecommerce spending fell 1% compared to Prime Day 2020, according to data from Salesforce. When compared to Prime Day 2019, overall retail sales were more than 70% , according to Salesforce. CPC in 2020, according to data from CommerceIQ.

Advertising 150

Advertising Accounting Promotions ATS 150

Inside Retail

MAY 11, 2022

per cent in March compared to the same month in 2019, pre-Covid, and for the quarter were up by 7.1 It’s the worst figure since August 2020 when Victoria was suffering from Covid-related lockdowns. . Comparable sales of major retailers and specialty stores were up by 11.2 per cent to 90.4

Returns 264

Returns Consumer Specialty Store Shopping 264

Cisco Retail

APRIL 19, 2021

ISC)2 estimated at the end of 2019 that it would take 4.07 Things improved in 2020 when (ISC)2 learned that 700,000 professionals had joined the industry. In 2020, 2.31 This employment gap increased in the year that followed. Even so, 3.12 million cybersecurity positions remained open at the end of last year.

Accounting 141

Accounting Fulfillment Location Planning 141

Inside Retail

OCTOBER 15, 2023

US-based retailer Showfields, the self-described “most interesting store in the world”, filed for bankruptcy this month and will be restructuring through a form of Chapter 11 bankruptcy created during Covid to help small businesses continue operations, reorganise, and maintain control of finances without creditors taking over.

Department Stores 278

Department Stores Finance Grocer Location 278

Inside Retail

AUGUST 2, 2021

According to NAB chief economist Alan Oster, this is indicative of the “considerable strength” of online sales during the month, given June 2020 was already 53 per cent higher than June 2019. Victoria led the sales growth on a month-by-month basis, up about 11 per cent, followed by the ACT, NSW, and South Australia.

Department Stores 130

Department Stores Fashion 130

Retail TouchPoints

MARCH 15, 2021

Ecommerce sales increased by almost 20% in just the first three months of 2020 according to McKinsey, escalating ecommerce trends by the equivalent of 10 years. For example, BOPIS grew 259% year-over-year by August 2020, while meeting digital accessibility standards have remained stagnant. While retail ecommerce sales grew 27.6%

Management 254

Management Consumer Shopping Marketing 254

Retail TouchPoints

JULY 7, 2020

Retail Ecommerce Ventures LLC, which purchased the brand assets of Dressbarn from Ascena Retail Group in 2019, has offered $20 million for the intellectual property and e-Commerce business assets of Pier 1 Imports. Pier 1, which operated approximately 940 stores at the beginning of 2020, filed for Chapter 11 bankruptcy protection in February.

Shipping 225

Shipping Planning ATS Store Operations 225

Retail TouchPoints

MAY 26, 2021

In 2020, the ecommerce giant spent $11 billion on content for its streaming video and music services, up from $7.8 billion in 2019. “It’s very exciting and provides so many opportunities for high-quality storytelling.”. Amazon has not been afraid to spend to keep up with streaming platforms such as Netflix.

Planning 164

Planning Customer Experience ATS 164

Indigo 9 Digital

MAY 6, 2022

If you are curious about the eCommerce market in China then consider these 11 facts about its size, competition and trends. While online shopping definitely accelerated in 2020 [in China], saying physical retail is more or less obsolete is not true,” said Nishtha Mehta, a China-based corporate innovation coach. “In

Merchant Services 52

Merchant Services Marketing Payment Services Social Commerce 52

Retail TouchPoints

APRIL 30, 2021

In March 2020, the retail (and general economic) situation looked dire, with lockdowns shuttering stores across the U.S. In fact, in the three weeks following the ARP’s passage on March 11, 2021, U.S. This data indicates a sales surge almost on the level of Black Friday 2020, when consumers spent $9 billion. In the U.S.

Consumer 203

Consumer Jewelry Planning Payment Services 203

Inside Retail

JANUARY 19, 2022

Following failed lease negotiations and challenges from the ongoing pandemic, Escada America has filed for Chapter 11 bankruptcy. Kevin Walsh, director of finance, expressed that some commercial landlords were ‘reasonable’ and willing to negotiate to make things workout in 2020 and last year. .

Finance 130

Finance Apparel Fashion Planning 130

Retail TouchPoints

AUGUST 4, 2021

The programs join FBA Donations, which was launched in 2019 and 2020 in the U.S., Along with existing programs like FBA Donations, we hope these help build a circular economy, maximize reuse, and reduce our impact on the planet.”. UK and France. Fernish defines its furniture as “circular-ready.”

Merchant Services 298

Merchant Services Returns Wholesale Apparel 298

Retail Geek

JANUARY 8, 2021

This week we recap the commerce results for Holiday 2020 (including the data sources you can use to get a read for yourself), give an update on #shipageddon, and cover some industry news. 2019 2020 YoY %Ch Stores $864.69 $822.79 -4.8% Scot: [0:54] 2020 one here get you out of the. Online $140.28 $190.47

Shipping 98

Shipping Consumer Fashion ATS 98

Retail TouchPoints

FEBRUARY 4, 2022

But while Meta has its sights set on a virtual future, Amazon’s attention is squarely focused on the real world, and the results are tangible: Amazon has doubled its workforce since the start of 2020, from close to 800,000 employees to more than 1.6 billion in Q4 2020 to $10.3 billion in Q4 2021, up 98.6% Since 2018 in the U.S.,

Advertising 236

Advertising Drop-Shipping Fulfillment Shipping 236

Inside Retail

JANUARY 18, 2022

New York-headquartered Tiger specialises in the digital sector and was a key investor in the Australian consumer marketplace platform Catch, which was sold to Wesfarmers in 2019. Yesterday a gift and homeware shop in Dubbo placed an order from 11 wholesalers in one cart, with one invoice and 60-day credit terms.

Wholesale 246

Wholesale Consumer Shopping 246

Retail TouchPoints

JUNE 8, 2021

The program has been an early success — 11% of Americans reportedly became subscribers within two weeks of its launch — and Walmart is seeking to drive further enrollment through benefits such as free next-day and two-day shipping. The pharmacy benefits also could help Walmart+ better compete with Amazon Prime. in a statement.

Shipping 149

Shipping Management Location Planning 149

Retail Focus

OCTOBER 25, 2022

On the back of the latest Springboard data which revealed a nationwide drop in shopper footfall on high streets, shopping centres and retail parks, a Northern Irish outlet is bucking this UK and Ireland-wide trend reporting that shoppers continued to visit The Boulevard in large numbers resulting in an 11% increase in sales growth on 2021.

Accessories 147

Accessories Fashion Shopping Consumer 147

Retail Gazette

MARCH 15, 2024

Ann Summers chief financial officer John Boyle is retiring from the retailer after 11 years, as Kristina Moln-Page is promoted to finance director of the company. Moln-Page will overtake Boyle, who has worked as the company’s CFO since July 2020 and COO from 2015 to 2019.

Finance 52

Finance Promotions Returns Consumer 52

Retail TouchPoints

NOVEMBER 3, 2021

Kristy Maynes had joined Glossier as SVP of Retail October 11. The three flagship stores will mark Glossier’s return to the brick-and-mortar space after shuttering all its stores in March 2020 due to the pandemic.

Finance 250

Finance Payment Services Accounting Returns 250

RETAIL MANAGEMENT SOFTWARE

MARCH 2, 2020

According to the latest reports from NRF 2020 Report and Survey, Consumers are most likely to spend an average of $30.19 since 2019 which is twice the size of the holiday sales scored in 2018 (2.4%). on family members other than their spouses compared to $29.87 in the previous year; $14.69 on their close friends, up from $9.78; $14.45

Specialty Store 52

Specialty Store Jewelry Specialty Retailers Discount Store 52

RETAIL MANAGEMENT SOFTWARE

MARCH 2, 2020

According to the latest reports from NRF 2020 Report and Survey, Consumers are most likely to spend an average of $30.19 since 2019 which is twice the size of the holiday sales scored in 2018 (2.4%). on family members other than their spouses compared to $29.87 in the previous year; $14.69 on their close friends, up from $9.78; $14.45

Specialty Store 52

Specialty Store Jewelry Specialty Retailers Discount Store 52

Retail TouchPoints

FEBRUARY 2, 2021

billion USD ) in Q3 2020, a period that included the annual Singles’ Day online shopping bonanza, generating a year-over-year increase of 37%. Singles’ Day — was extended beyond a single day for the first time in 2020, running for 11 days from Nov.1 That represents an increase of 26% from the same timeframe in 2019.

Merchant Services 191

Merchant Services Marketing Planning Shipping 191