Retail TouchPoints

MARCH 29, 2021

Nike has reportedly closed its accounts with DSW , Urban Outfitters , Shoe Show , Dunham’s Sports , Olympia Sports and Big 5 Sporting Goods as the retailer pulls out of specialty retailers and department stores, according to Forbes and other media outlets. billion , accounting for 35% of gross sales, according to Forbes.

Sporting Goods 321

Sporting Goods Wholesale Specialty Retailers Accounting 321

Retail TouchPoints

MAY 12, 2023

Smith brings extensive experience in retail finance posts, including serving as CFO at Walmart from 2010 to 2014 and at Target from 2015 to 2020. At Nordstrom, Smith will be responsible for financial planning and analysis, accounting, tax, internal audit, treasury, investor relations and strategy sourcing.

Finance 329

Finance Accounting Planning ATS 329

Inside Retail

JUNE 25, 2023

After formally filing a request for the retail store in 2016, the global tech giant wanted to open the facility in 2020 but postponed the plans due to Covid-19 disruption. Furthermore, Apple is reportedly planning to open three additional stores in the coming years to strengthen its offline presence in India.

Planning 130

Planning Payment Services Marketing Consumer 130

Retail TouchPoints

OCTOBER 18, 2023

Prior to that she was EVP of Supply, North America at PVH from 2020 to 2021, building on an extensive tenure across several supply chain leadership roles for key businesses within the PVH portfolio, including Calvin Klein North America and The Underwear Group from 2013 to 2020.

Finance 259

Finance Accounting Store Operations Planning 259

Inside Retail

APRIL 28, 2021

Woolworths Group has pulled the plug on plans to open a Dan Murphy’s store in Darwin after an independent panel ruled that the development should not go ahead. The Gilbert Review has made it clear that we did not do enough in this community to live up to the best practice engagement to which we hold ourselves accountable.

Planning 234

Planning Supermarket Consumer Shopping 234

Inside Retail

MAY 25, 2021

The agreement is backed by a comprehensive accountability and monitoring framework and brands are required to do an annual assessment of their purchasing practices, which is then submitted to the secretariat. The global garment trade virtually collapsed in the first half of 2020 with Asia’s garment-producing countries hit the hardest.

Payment Services 219

Payment Services Planning Fashion Apparel 219

Retail TouchPoints

JANUARY 29, 2021

adults plan to celebrate Valentine’s Day this year, spending a total of $21.8 However, 74% of those celebrating noted that pandemic will directly impact their Valentine’s Day plans, which has resulted in an average spending drop. per person spent in 2020. in 2020 to $10.77 Just over half ( 52% ) of U.S.

Specialty Store 306

Specialty Store Discount Store Department Stores Planning 306

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. per cent year-on-year sales growth in 2020, one of only five markets worldwide where sales increased that year.

Fashion 130

Fashion Planning Marketing Management 130

Cisco Retail

APRIL 22, 2021

I am excited to share with you that Cisco Secure Endpoint (formerly AMP for Endpoints) has successfully completed the 2020 MITRE Engenuity ATT&CK® Evaluation. This allows them to plan their defense so that they can augment their current capabilities by acquiring other products or implementing other processes to defend in-depth.

Accounting 115

Accounting Planning ATS 115

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. Ulta launched Touchland in 1,300 stores in January 2020 — and its products sold out within two weeks.

Planning 260

Planning Accounting Wholesale Consumer 260

Inside Retail

JUNE 9, 2021

Fast-growing Australian online retailer Canningvale plans to relaunch the iconic Singaporean department store Robinsons as an online-only business this month after acquiring the company’s digital assets for an undisclosed sum. The online marketplace model is a key part of Prainito’s plan to take Robinsons back to its roots as a value player.

Planning 147

Planning Department Stores Fast Fashion Fulfillment 147

Inside Retail

FEBRUARY 27, 2022

Festival ambassador, MasterChef winner Diana Chan, has already started promoting the brand on her Instagram account. It expanded offline in 2017, with the opening of its first bricks-and-mortar showroom in Melbourne, followed by another location in Sydney in 2020. Outdoor is a great opportunity.

Marketing 130

Marketing Planning Outdoor Accounting 130

Retail TouchPoints

NOVEMBER 9, 2023

million, which is a 15% increase since 2020. In response, 51% of organizations plan to increase cybersecurity spending this year. Identity is the new perimeter: To protect your online store from potential attacks, ensure that no account is shared, multi-factor authentication is used and that all API keys have a lifecycle.

Accounting 286

Accounting Shopping Planning Management 286

Retail TouchPoints

MARCH 26, 2021

Shashoua also is Chief Investment Officer at Simon , which acquired Forever 21 in partnership with Brookfield Property Partners and ABG in February 2020. Simon’s recent retail deals have often involved collaboration with ABG, including the acquisition of Lucky Brand in July 2020, which makes sharing some labels a natural fit.

Apparel 290

Apparel Accounting Returns Planning 290

Retail TouchPoints

SEPTEMBER 6, 2022

The retailer has named SVP and Chief Accounting Officer Laura Crossen as Interim CFO, according to a regulatory filing. Arnal joined Bed Bath & Beyond in May 2020 alongside three other C-level leaders. The New York City Medical Examiner’s Office has reportedly confirmed his death as a suicide, according to CNBC and Reuters.

Accounting 221

Accounting Planning ATS Store Operations 221

Retail Gazette

APRIL 5, 2024

A spokeswoman for Carpetright told the title it is “not in planning” for another CVA – a type of insolvency procedure used to close unprofitable shops or negotiate on rents. in the prior 18 months to October 31, 2020. In the 14 months to January 1, 2022, the company posted revenues of £372.6m down from £493.2m

Accounting 111

Accounting Planning Shopping Consumer 111

Inside Retail

JULY 13, 2021

Woolworths has announced plans for a new online fulfilment centre in Sydney’s Sutherland Shire, aiming to better serve the region spanning from Engadine to Kurnell – adding a further 15,000 potential customers to its home delivery and direct-to-boot pick up offers. An artist’s render of the site. Source: Supplied.

Fulfillment 246

Fulfillment Supermarket Accounting Planning 246

Retail TouchPoints

DECEMBER 9, 2020

Others involved in the wedding, from guests to bridesmaids, can add their own purchases to the bride’s account by using her phone number. “We We have spent significant time over the past year dreaming up ways to better serve our bride as she plans and prepares for her wedding,” said Jim Marcum, CEO of David’s Bridal in a statement.

Accounting 263

Accounting Planning Shopping ATS 263

Retail TouchPoints

MARCH 7, 2023

Even before the Dobbs decision, in 2020, medication abortions accounted for 53% of all facility-based abortions in the U.S., Walgreens issued a statement that read: “We want to be very clear about what our position has always been: Walgreens plans to dispense Mifepristone in any jurisdiction where it is legally permissible to do so.

Accounting 260

Accounting Planning Customer Experience ATS 260

Inside Retail

APRIL 6, 2021

Businesses continued to experience a rush of online orders during 2020 as employees worked from home [and] as this trend continues into 2021 it’s important to have a solution,” said Pitney Bowes Japan, Australia and New Zealand country manager and vice president Stephen Darracott.

Shipping 259

Shipping Accounting Planning Management 259

Retail TouchPoints

MARCH 17, 2022

Bank and K&G Fashion Superstore , had emerged from Chapter 11 bankruptcy in late 2020 and received a $75 million cash infusion from its largest equity holder just prior to Lathi’s departure. We are confident Tailored Brands has the right plan — and the right team — in place and look forward to seeing the results they will deliver.”.

Fashion 248

Fashion Accounting Promotions Planning 248

Retail TouchPoints

APRIL 12, 2021

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. On the conference call, CEO Daniel Zhang said the company had proactively ended those arrangements when the SAMR investigation began in December 2020.

Accounting 264

Accounting Promotions Marketing Planning 264

Retail TouchPoints

FEBRUARY 23, 2021

Macy’s Q4 and full-year 2020 results show signs of a turnaround for the department store, hard hit, like many of its counterparts, by the COVID-19 pandemic. The Polaris strategy proved to be a critical enabler of our performance in 2020, allowing us to adapt and innovate with agility during the pandemic,” said Gennette.

Department Stores 211

Department Stores Returns Jewelry Apparel 211

Retail TouchPoints

OCTOBER 23, 2020

plans to shrink its store footprint by 350 locations as the retailer works to return to profitable growth in 2021, according to CNBC. Longer-term, the company plans to reconfigure its operations so that 80% of revenue comes from ecommerce and off-mall locations by January 2024. Additionally, the retailer plans to close up to 30%.

Returns 186

Returns Apparel Planning Accounting 186

Retail TouchPoints

SEPTEMBER 17, 2022

The Consumer Financial Protection Bureau (CFPB) is planning to start regulating buy now, pay later (BNPL) products. Apparel and beauty companies accounted for 80.1% in 2020; A total of 13.7% in 2020; and Lenders’ profit margins fell to just over 1% of the amount of the loan in 2021, down from nearly 1.3%

Consumer 231

Consumer Payment Services Apparel Accounting 231

Retail TouchPoints

NOVEMBER 29, 2021

That growth has already begun, with ecommerce gift cards accounting for 29.8% during the same period in 2020, according to a new report from InMarket. In fact, Adobe reports that over this Thanksgiving weekend, Nov. 27-28, online spending on gifts cards was up 414% from the September 2021 average.

Shopping 304

Shopping Shipping Consumer Planning 304

Inside Retail

APRIL 22, 2021

billion online in 2020, and many sellers experienced substantial growth in key categories, such as home goods, health and beauty. In the US, for example, eMarketer reports that D2C sales now account for 33% of Nike’s revenue. . Australians spent an unprecedented $50.46 Fulfilment of the future. And now’s the time to get ahead.

Fulfillment 299

Fulfillment Beauty and Health Advertising Accounting 299

Retail TouchPoints

JULY 14, 2021

Apple plans to make Apple Pay Later available both in-store and online, a nod to the growing cross-channel popularity of BNPL services. They also can use the app to manage their payments, including the option to exit any payment plan by paying off the remainder of their balance. retailers since its launch in late 2014.

Payment Services 299

Payment Services Planning Accounting Marketing 299

Retail TouchPoints

OCTOBER 28, 2021

For example, online apparel reseller ThredUP recently announced plans for a new 600,000-square-foot distribution center in Texas that will expand its capacity by 150% to meet growing demand on the part of both sellers and buyers of used goods. Collectively, that would account for approximately $69.2 billion spent last year.

Shipping 278

Shipping Consumer Accounting Apparel 278

Retail TouchPoints

MAY 7, 2021

Brookfield’s flow from operations (FFO) was $125 million for the quarter, down from $309 million during the same period in 2020. The Core Retail business accounted for $108 million in FFO, compared to $195 million during the same period in 2020, with the decline attributed to lower occupancy rates.

Accounting 175

Accounting Planning Management Marketing 175

Retail TouchPoints

APRIL 2, 2021

As the world emerges from the COVID-19 crisis, consumers plan to fundamentally change how they spend money and live their lives. According to the sixth EY Future Consumer Index , people are more worried about their health, families and futures than they were in October 2020, when the last Index was published.

Consumer 256

Consumer Accounting Planning Shopping 256

Inside Retail

DECEMBER 11, 2023

I’m an accountant by profession, but for most of my career, I have gone into businesses that are going through some restructuring – either acquiring or divesting businesses – I go in and embed myself into the business in some leadership capacity to help navigate through that.”

Wholesale 261

Wholesale Fashion Apparel Accounting 261

Retail TouchPoints

MARCH 21, 2024

Target ’s announcement earlier this month that it was launching a paid membership plan almost felt like a foregone conclusion. Amazon ’s Prime membership has been paying dividends for the company for decades, and after Walmart followed suit with Walmart+ in 2020 , it was only a matter of time before Target entered the mix.

Consumer 251

Consumer Shipping Planning ATS 251

Retail TouchPoints

NOVEMBER 11, 2022

Additionally, Amazon has shut many of its physical stores aside from grocery, including bookshops and specialty stores, even though the retailer had a growth plan to nearly double its store footprint, according to people familiar with the plans.

Specialty Store 195

Specialty Store Planning Accounting Returns 195

Inside Retail

APRIL 22, 2024

By 2028, delivery is expected to account for 23 per cent of Asia Pacific food-service sales, compared to 21 per cent in 2023. Fazira said that food-service growth in Apac experienced its greatest impact from the pandemic in 2020, while economic challenges resulted in more prominent spending shifts in the years after. “In

Kiosk 147

Kiosk Fulfillment Consumer Accounting 147

Inside Retail

JUNE 30, 2021

According to Takashimaya, even before the global health crisis, businesses around the world were seeking to become more sustainable, but the pandemic moved them to act on those plans. per cent, from US$89 billion in 2020 to US$117.3 The global sustainable plastic packaging market is projected to grow by 5.6 The #ShopGreener campaign.

Department Stores 246

Department Stores Beauty and Health Accounting Promotions 246

Retail TouchPoints

FEBRUARY 22, 2021

The mass store closures prompted by COVID-19 in spring 2020 could have spelled disaster for equestrian specialty brand Kerrits , which had operated as a wholesale-only business for over 25 years. Once the pandemic hit, our wholesalers had to close their stores, and we had to rethink our entire email plan,” said Florin.

Wholesale 245

Wholesale Accounting Marketing Outdoor 245