Retail TouchPoints

MAY 2, 2023

Tuesday Morning operated fewer than 500 stores when it made its latest bankruptcy filing in February, which was the second since 2020. million of debtor-in-possession financing to support ongoing operations during the 2023 proceedings — which led to Invictus opposing its plan to go out of business entirely.

Merchant Services 269

Merchant Services Finance Location Planning 269

Retail TouchPoints

OCTOBER 18, 2022

Miller is a retail and consumer finance veteran with over 30 years of experience at corporations including Sears , DFC Global Corp, Aramark , Nestle and Kraft. I am excited to return to Conn’s and help the company reestablish its core customer value proposition,” said Miller in a statement.

Finance 274

Finance Returns Consumer ATS 274

Retail TouchPoints

MAY 10, 2024

next year, offering a localized shopping experience and promising a selection of more than 100 million products — including even more from Irish businesses — as well as faster deliveries and returns. The ecommerce giant will launch Amazon.ie The launch of Amazon.ie billion over the last decade, according to the company.

Fulfillment 258

Fulfillment Finance Returns Management 258

Retail TouchPoints

DECEMBER 8, 2022

A majority of American consumers have now used a BNPL service, up from 37.65% in July of 2020 — an increase of almost 50% in less than one year. Buyers tend not to read the fine print about credit reporting, return policies, interest rates and late fees for purchases, thus crippling their personal ability to apply for loans.

Payment Services 305

Payment Services Finance Consumer Returns 305

Retail TouchPoints

NOVEMBER 16, 2022

It will integrate directly with Square’s solution ecosystem, empowering sellers to organize their finances and manage cash flow from the same platform they use to run their business. The new Square-specific Amex credit card, which will be powered by i2c Inc. and issued by Celtic Bank, will be the first credit card Square offers to U.S.

Merchant Services 278

Merchant Services Finance Advertising Marketing 278

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. 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 264

Finance Payment Services Accounting Returns 264

Inside Retail

NOVEMBER 8, 2021

In 2020, for the first time in Australia, more than half the shareholders of a public company voted in support of a climate change resolution put forward by shareholders in the face of opposition from the company’s board of directors. A record 36 shareholder ESG resolutions were put forward in 2020. In 2020, support jumped to 14.7%.

Finance 246

Finance Accounting Returns Marketing 246

Retail TouchPoints

NOVEMBER 17, 2020

Supermajorities of the company’s noteholder groups have committed to vote in favor of the RSA plan, which Guitar Center forecasts will be completed before the end of 2020. Additionally, Guitar Center has negotiated $375 million in Debtor-In-Possession financing and plans to raise $335 million in new senior secured notes.

Planning 179

Planning Finance Shipping Management 179

Inside Retail

NOVEMBER 30, 2022

in March 2020 to $559 in October 2020. That is without the workload creep of blending and the ‘help’ of technology to be available ‘anytime’ With jobs taking up such a monumental piece of our life and linked intrinsically to the well-being of every other aspect, family, finances etc.,

Returns 130

Returns Finance 130

Retail TouchPoints

FEBRUARY 18, 2021

million Series A financing round led by Left Lane Capital, with additional support from RiverPark Ventures, All Iron Ventures and Red Antler, the branding company behind Allbirds , Casper and Prose. Since the start of 2020, the company said it has added more than 180,000 products and experienced a 20X increase in monthly sales volume.

Wholesale 147

Wholesale Finance Returns Management 147

Retail TouchPoints

NOVEMBER 16, 2020

For ecommerce retailers — particularly those in the fashion sector — this represents a massive opportunity to heighten sales, lower returns and offer customers a new way to shop online. Online purchases are three times more likely to be returned compared to in-store purchases. billion in 2020. The Problem With Fashion Etail.

Fashion 234

Fashion Returns Boutique Shopping 234

Retail Wire

MAY 18, 2021

has raised its annual sales and earnings forecast based on a number of factors: stores operating on pre-pandemic terms, pent up shopping demand, increased disposable income and optimism around personal finances and the direction of the U.S. Macy’s Inc. The department store operator announced that same-store sales jumped 63.9

Returns 100

Returns Department Stores Finance Store Operations 100

Cisco Retail

NOVEMBER 17, 2021

In April of 2020, Cisco Capital launched the Business Resiliency Program to help you and your customers continue innovating and adopt new technology solutions as businesses faced unprecedented challenges due to the pandemic. of returned equipment to be reused of recycled. Enabling Business Resilience. This allows 99.8%

Finance 98

Finance Payment Services Returns Planning 98

Retail TouchPoints

SEPTEMBER 20, 2021

s trails since lockdowns began in 2020 alone, according to the Returning to the Great Outdoors report by William Blair. Maybe you share your backends, finance and some sourcing, and maybe there’s some crossover R&D you can share across different brands, but by and large these brands live on their own,” said Sundby.

Outdoor 264

Outdoor Sporting Goods Advertising Consumer 264

Retail TouchPoints

AUGUST 25, 2021

The term rose to the surface last year as 2020’s unique confluence of events drove consumers toward shopping alternatives that were both environmentally friendly and economically feasible. Additionally, this generation has a more educated and proactive approach toward finances than perhaps any other previous generation.

Consumer 306

Consumer Fast Fashion Finance Shopping 306

Retail TouchPoints

AUGUST 7, 2020

All of this work has resulted in the development of core practices, like social distancing and occupancy monitoring, to aid retailers and shopping center operations managers as they reopen, rebuild consumer confidence and look to answer the question on everyone’s mind — “When will consumer confidence return to normalcy?”.

Consumer 264

Consumer Store Operations Finance Apparel 264

Inside Retail

OCTOBER 18, 2022

While there are existing climate fashion solutions, many of them are lacking the finance to be developed or deployed across the fashion industry, particularly within Australia.”. This has led the retailer to return to making some of its products locally, such as its heritage sweats, reissued chambray shirt and men’s T-shirt.

Fashion 246

Fashion Finance Management Returns 246

Retail TouchPoints

JUNE 8, 2020

RTP: You also mentioned that until 2020, the company hadn’t faced any tests on the scale of COVID-19. RTP: Hand & Stone has been able to hold on to a high percentage of its membership, even when locations had to shut down and consumers have had a lot of worry over finances. It’s a testament to the American entrepreneur.

Location 205

Location Finance Consumer Promotions 205

Retail TouchPoints

MARCH 19, 2021

In 2020, the growth in online sales has accelerated to reach levels not expected until 2022 due to the pandemic. As businesses adjust to the turbulence of 2020 and into the “new normal,” it’s clear that for most retailers, a strategy to support digital sales and robust online customer service is essential to win a share of consumers’ wallets.

Consumer 260

Consumer Customer Experience Jewelry Wholesale 260

Inside Retail

FEBRUARY 19, 2023

Inside Retail was the first to report earlier this month that Wesfarmers has cut 100 jobs at Catch , with the redundancies impacting key departments including marketing, product and technology, and finance. According to Inside Retail sources, the payrolls of some departments have been cut by as much as 30 per cent.

Management 246

Management Finance Planning Accounting 246

Inside Retail

OCTOBER 7, 2024

Former Nike executive Elliott Hill, who retired in 2020, will return to the company as its new CEO and president next week as John Donahoe is set to step down. The leadership change comes amid a period of financial challenges for the company.

Wholesale 130

Wholesale Finance Consumer Marketing 130

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 currently serves as head of finance of the business, having previously joined Ann Summers in May 2022 as strategic project consultant. Profit was up 3% to £61.8m

Finance 52

Finance Promotions Returns Consumer 52

Retail TouchPoints

JANUARY 15, 2021

You’ll want to look at organic sessions, paid sessions, how long people have stayed on your page and the number of new visitors vs. returning visitors. Evaluating 2020 Metrics and Planning for 2021. Identify which metrics exceeded expectations in 2020: Pay close attention to which metrics went above your goals, even in the slightest.

Payment Services 165

Payment Services Promotions Shipping Planning 165

Talking Retail

JUNE 15, 2021

Data from personal finance specialist money.co.uk reveals that dads are set to receive a gift costing £4 more than 2020, with the average spend increasing from £20 to £24. However, Father’s Day spending has not yet returned to pre-pandemic levels, when.

Finance 80

Finance Returns Planning ATS 80

Inside Retail

JUNE 23, 2022

Felton brings nearly 18 years of experience at Amazon, including 12 years in retail and operations finance leadership roles. He joined the senior leadership team in September 2020, and will report to Herrington in his new role. Before Dan Murphy’s, he served at Coles for 10 years in different roles, latterly as director of Fresh Food.

Finance 130

Finance Returns Customer Experience Management 130

Inside Retail

MAY 3, 2021

Individuals are not looking to venture out as they do not feel safe about going to a store, restaurant, engaging in in-person activities, staying in a hotel, returning to a workplace, taking a flight, etc.,” Deloitte’s report read. million fake goods and disabled 45,000 websites and social media accounts.

Accounting 208

Accounting Consumer Finance Fashion 208

Retail Gazette

MARCH 14, 2024

The target was set in 2020 when inflation was 2% and interest rates zero. However, last year, advisers warned that it faced “extreme challenges” in making money from its scheme in West Ealing with planning documents revealing the development could result in a negative return of £57m for the business.

Visual Merchandising 121

Visual Merchandising Planning Finance Returns 121

VMS

JANUARY 25, 2022

Retailers expect more than $761 billion in merchandise sold last year to be returned by consumers, according to a report released today by the National Retail Federation and Appriss Retail. The 2021 total rate of returns (16.6 percent during 2020, but online returns are in line with recent years at an average of 20.8

Returns 52

Returns Loss Prevention Payment Services Visual Merchandising 52

Inside Retail

MARCH 30, 2023

While I am disappointed the group has not returned to growth under my leadership, I am proud of the progress we have made towards achieving our strategic objectives,” said Ilczynski. “I I believe the group is positioned for success, with highly-capable executive teams across both marketplaces and a clear focus.”

Department Stores 130

Department Stores Finance Returns Supermarket 130

Retail Gazette

DECEMBER 19, 2023

The funding structure works by leveraging finance which, more often than not, results in firms borrowing money against the retailer’s balance sheet – in turn generating debt – to use for investment. This begs the question of whether the financing structure still lends itself well to the retail sector?

Grocer 126

Grocer Supermarket Finance Returns 126

Inside Retail

AUGUST 15, 2022

Data company Market Decipher says the booming growth of the toy collectables market is attributable to it offering a better return than gold, art, and financial securities. Certain collectable toys have a high rate of return, which has attracted a lot of investors to this market. Rivals are turning up the heat.

Marketing 130

Marketing Promotions Returns Finance 130

Retail Gazette

OCTOBER 5, 2023

Archie Norman Archie Norman has spent the last six years overseeing food and fashion group M&S’s turnaround plan as it looks to re-establish its brand, win back consumers and return to profit. Mark Price With John Lewis in peril, could we see Lord Mark Price return to the Partnership? Sound familiar?

Supermarket 110

Supermarket Department Stores Grocer Returns 110

Inside Retail

AUGUST 28, 2022

After the company experienced a loss in 2018, Passi had managed to get a hold on spending and Missguided returned to the black with an EBITDA of £3.5 million in 2020. The group also announced that Passi would be returning as CEO of the company. Before the pandemic, things were starting to look up for Missguided. million in 2019.

Fashion 130

Fashion Fast Fashion Returns Management 130

Inside Retail

AUGUST 25, 2022

In 2019 Drennan returned to The Iconic as marketing director of growth and strategy. Du Retail joined L’Oreal France in 1996 and has worked in a variety of fields, including management, operations, finance, and e-commerce. L’Oreal Korea names Samuel de Retail as its new CEO.

Finance 130

Finance Management Marketing Planning 130

365 Retail

MAY 7, 2021

2020 was a year like no other, and the shockwaves caused by the pandemic have inherently altered consumer-facing operations at their very core. over the six weeks of Christmas 2020, the worst-ever outcome. All these entries also need to flow seamlessly into finance tools for billing, subscription and accounting.

Merchant Services 96

Merchant Services Payment Services Returns Shopping 96

Retail Gazette

FEBRUARY 20, 2025

This marked the largest monthly increase for food stores since March 2020, suggesting more consumers opted to dine in after the festive period. in December 2024, signalling a return to physical store shopping. The January boost was largely driven by food sales, which experienced a notable 5.6% rise in sales volumes. from 26.9%

Finance 77

Finance Consumer Returns Shopping 77

Inside Retail

APRIL 28, 2021

billion (US$10 billion) in 2020. It is therefore not surprising to see that the site is reported to have an industry-leading customer return rate of over 30 per cent. It completed a series E financing round in 2020, which values the business at USD$15 billion. Shein hauls. Will its relentless growth continue?

Fast Fashion 162

Fast Fashion Fashion Target Market Consumer 162