Inside Retail

DECEMBER 5, 2024

Data collected by the National Association of Realtors also found that millennials made up 43 per cent of home buyers in 2021, the largest generational group. Launched in 2014 by former digital strategist and account planner Ariel Kaye, Parachute is a minimalist brand designed with the millennial consumer in mind.

Marketing 244

Marketing Apparel Consumer Accounting 244

Retail TouchPoints

DECEMBER 6, 2023

The National Retail Federation (NRF) has updated a report that had attributed “nearly half” of 2021’s $94.5 At the same time, we recognize the challenges the retail industry and law enforcement have with gathering and analyzing an accurate and agreed-upon set of data to measure the number of incidents in communities across the country.

Accounting 277

Accounting Sporting Goods Store Operations Customer Experience 277

Retail TouchPoints

JANUARY 14, 2022

Most experts expected holiday 2021 to be a digital success, and the season didn’t disappoint: global sales hit $1.14 Notably, the highest spending levels came at the beginning and end of the season. As a result, Cyber Week 2021 accounted for 23% of total ecommerce spend, down slightly from 24% in 2020. 18 and Dec.

Social Commerce 306

Social Commerce Fulfillment Drop-Shipping Payment Services 306

Retail TouchPoints

JULY 22, 2021

Circle K is rolling out a network of bitcoin ATMs at 700 of its locations across the U.S. Bitcoin ATMs have already been installed at Circle K stores in 30 states. According to Bitcoin Depot, the whole process — from signing up for an account to completing a transaction — takes about one to two minutes. 24-25, 2021.

Payment Services 312

Payment Services Location Kiosk ATS 312

Inside Retail

MARCH 3, 2025

Australian luxury fashion brand Leo Lin has been part of the fashion landscape for seven years, launching in 2017, but only since building its e-commerce store in 2021 has it really taken off. So he really wanted to create a luxury-worthy brand at a more accessible price point that was kind of where Leo Lin started from, she added.

Fashion 208

Fashion Boutique Accounting Wholesale 208

Retail TouchPoints

SEPTEMBER 17, 2021

The Adobe Index — which analyzes consumer transactions across more than 100 million SKUs in 18 categories — found that consumers have spent more than $541 billion online in the first eight months of this year, from January through August 2021. 1, 2021, consumers will have spent more online than the $575 billion they spent in all of 2019.

Consumer 262

Consumer Home Furnishings Apparel Markdowns 262

Retail TouchPoints

DECEMBER 6, 2024

The goal, according to Allison Peterson, Chief Retail & Digital Officer at Carters, is to connect with the next generation of families while doubling down on the issues (like sustainability) that the business has prioritized for years. Peterson: Our reimagined retail experience is fully captured at Carters first-ever flagship in Atlanta.

Visual Merchandising 289

Visual Merchandising Apparel Marketing Fashion 289

Retail TouchPoints

MARCH 5, 2021

The company is planning to open 100 new stores this year while at the same time relocating or closing 25 existing stores, bringing the net total of new stores in 2021 to 75. O’Sullivan said at the time that the 0.5% 30, 2021, total sales increased 4% to $2.3 Burlington currently operates 761 stores across the U.S.

Planning 264

Planning Location Store Operations Accounting 264

Retail TouchPoints

APRIL 18, 2022

Apple associates at the retailer’s flagship Grand Central Terminal location in Manhattan have begun to formally collect signatures to form a union, according to a post on the organizers’ website. 21, 2022 to affiliate with Workers United, the same union that has supported unionization efforts at Starbucks.

ATS 273

ATS Accounting Location Management 273

Retail TouchPoints

JULY 22, 2021

In this article, we take a look at the key risks that may be faced by retail businesses in 2021 but also through the next decade. The union states that on average, a teacher spends $500 per year at Walmart on school supplies. The shopping behemoth accounts for over half the ecommerce market on its own. Strong from over 1.7

Payment Services 306

Payment Services Consumer Customer Experience Accounting 306

Retail TouchPoints

AUGUST 29, 2023

Using the Amazon “Just Walk Out” technology, Grubhub Campus has introduced cashierless checkout at convenience stores at Loyola University Maryland. Students, faculty and staff scan a QR code to enter the store, pick their items and leave, with the payment deducted from their student meal plan or other stored payment methods.

Checkout 242

Checkout Payment Services ATS Accounting 242

Retail TouchPoints

JANUARY 28, 2022

retail sales in 2021, or $761 billion in merchandise, will be returned this year, according to a report from the National Retail Federation and Appriss Retail. Total retail sales reached $4.583 trillion in 2021. reported during 2020, but despite soaring ecommerce adoption, online returns will remain in line with recent years at 20.8%.

Returns 314

Returns Apparel Accounting Consumer 314

Inside Retail

MAY 19, 2021

According to the most recent For Love or Money 2021 report, published by The Point of Loyalty, while 88 per cent of Australians are a part of at least one loyalty program, only 43 per cent actively used them (at least once) in 2021 – a far cry from the 53 per cent recorded in 2018. this brand speaks to me).

Accounting 350

Accounting Shopping Consumer ATS 350

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

Inside Retail

OCTOBER 17, 2024

The campaign, which ran from January 2020 to August 2021, was for a 60-month interest-free and no-deposit payment method. According to the Australian Securities and Investments Commission (Asic), many consumers may have been unaware of the financial arrangements they entered when buying products at Harvey Norman stores.

Finance 306

Finance Payment Services Advertising Accounting 306

Retail TouchPoints

APRIL 21, 2021

Pinterest also is launching multi-feed support for Catalogs, a new feature that will help businesses easily upload their products in multiple product feeds within the same Pinterest Business account. Shopify merchants, as well as any retailer with a Pinterest business account, can now add up to 20 product feeds to their account.

Marketing 321

Marketing Accounting Advertising Consumer 321

Retail TouchPoints

DECEMBER 30, 2021

Account takeover fraud, which is driven by impostor scams, increased by 50%, with no signs of slowing down in 2021. The 2021 Javelin Identity Fraud Study includes findings on identity fraud scam approaches that criminals use on each generation: Baby Boomers. K eep bots out of your customers’ accounts and checkout.

Merchant Services 298

Merchant Services Accounting Payment Services Returns 298

Retail TouchPoints

JUNE 30, 2022

One day after announcing the departure of CEO Mark Tritton , Bed Bath & Beyond has named Laura Crossen as its new SVP of Finance and Chief Accounting Officer, and Susie Kim as SVP of Treasury and Investor Relations. Kim, who joined the retailer in May 2021 to lead the company’s investor relations, will take over Crossen’s previous role.

Finance 317

Finance Promotions Accounting Management 317

Retail TouchPoints

DECEMBER 27, 2022

compared to the same period in 2021. Ecommerce accounted for 21.6% in 2021 and 20.6% consumers approached their holiday shopping — from hunting for the best deals to making trade-offs that stretched gift-giving budgets,” said Michelle Meyer, North America Chief Economist at the Mastercard Economics Institute in a statement.

Accounting 290

Accounting Consumer Shopping ATS 290

Retail TouchPoints

JUNE 15, 2022

At the moment a “ couple hundred U.S.-based The move follows a similar trajectory at Google , which has been continuously adding more features to make itself central to the online shopping experience, including the recent debut of a new checkout flow. Bing accounts for approximately 25% of total monthly search volume in the U.S.,

Merchant Services 306

Merchant Services Shopping Payment Services Advertising 306

Retail TouchPoints

OCTOBER 4, 2021

Claire’s has filed for an IPO that would value the company at $100 million. Claire’s is already working to build on this momentum through the launch of its Cdrop subscription box service in September 2021. Claire’s is already working to build on this momentum through the launch of its Cdrop subscription box service in September 2021.

Jewelry 278

Jewelry Accessories Accounting Location 278

Retail TouchPoints

JULY 31, 2023

GameStop will replace its departing CFO Diana Saadeh-Jajeh with Daniel Moore, who will take on the roles of Principal Accounting Officer and interim Principal Financial Officer effective Aug. Furlong and Recupero, both former Amazon executives, had been brought on in June 2021. The troubled retailer reported a $50.5

Accounting 246

Accounting ATS Marketing 246

Retail TouchPoints

NOVEMBER 18, 2022

This would be nearly 8 million more people than in 2021 and the highest estimate since NRF began tracking the data in 2017. Among those shoppers 67% plan to visit stores, up from 64% in 2021. Online search is the top source of gift inspiration, at 43% , followed by friends and family at 35% and within a store at 31%.

Shopping 289

Shopping Department Stores Planning Accounting 289

Retail TouchPoints

OCTOBER 11, 2022

increase over holiday 2021. from 2021 and accounting for 16.3% Discounts for computers are expected to be as high as 32% (up from 10% in 2021), while electronics discounts could hit 27% (up from 8% ), and toys 22% (up from 19% ). Curbside usage will remain at around 25% of orders in November 2022. 31, 2022, a 2.5%

Apparel 304

Apparel Returns Promotions Accounting 304

Retail TouchPoints

FEBRUARY 15, 2024

can link eligible accounts to earn 2% cash back from Bank of America (on top of the rewards and benefits they already earn on qualifying purchases) and one Star for every $2 spent at Starbucks. Customers can either link their accounts through the Bank of America or Starbucks site to start collecting rewards.

Sporting Goods 287

Sporting Goods Accounting Consumer Marketing 287

Retail Focus

MARCH 28, 2025

Founded in 1976, DECATHLON has continued its evolution under the leadership of Barbara Martin Coppola since 2022, with a strategy aimed at becoming a multi-specialist sports brand that acts concretely for people, society and the planet. I’m incredibly proud of the progress we’ve made.

Customer Experience 147

Customer Experience Accounting Promotions ATS 147

Retail TouchPoints

DECEMBER 7, 2021

earlier in 2021 and faces stiff competition from established U.S. But by all accounts the overall marketplace opportunity is only expanding, with companies increasingly turning to third-party marketplaces as a way to broaden their ecommerce offering. Marketplacer launched in the U.S.

Accounting 298

Accounting Supermarket Marketing Management 298

Retail TouchPoints

DECEMBER 7, 2021

At Giant, we are always looking for ways to give time back to our customers and make our services more convenient and accessible,” said Gregg Dorazio, Director of Ecommerce for Giant Food in a statement. “The Ship2Me items are always delivered at no cost and with no minimum order. Maryland, Virginia and Delaware.

Beauty and Health 298

Beauty and Health Outdoor Checkout Advertising 298

Retail TouchPoints

SEPTEMBER 7, 2022

founded in September 2020, was developed amid COVID-19 stay-at-home orders that led to demand for short-term home rentals. Taking into account the most common guest requests for items they might need during a stay, co-founders Annie Sloan and Mikel Hubbard created a digital marketplace to help hosts provide solutions before problems arose.

ATS 277

ATS Boutique Accessories Shopping 277

Inside Retail

SEPTEMBER 6, 2023

At the moment, he feels it’s unlikely that Bucherer will become the exclusive retailer for Rolex. Pre-owned watch sales reached US$22 billion in 2021, accounting for nearly one-third of the overall US$75 billion luxury watch market.

Marketing 264

Marketing ATS Consumer Accounting 264

Retail TouchPoints

JULY 27, 2021

Credit Suisse will look for a buyer in a process that could be completed by the end of 2021. The auction follows reports that an unnamed bidder approached the Weston family, who own Selfridges, with an offer in June 2021. in January 2021. Still, Selfridges’ fate is looking rosier than some of its rivals.

Department Stores 290

Department Stores Fashion Accounting Location 290

Retail TouchPoints

OCTOBER 24, 2023

After linking its loyalty program with Dick’s Sporting Goods in 2021, Nike is now partnering with Hibbett on a similar “ connected partnership.” Members can now link their Nike membership and Hibbett Rewards accounts on the Hibbett website.

Sporting Goods 279

Sporting Goods Accounting Consumer Customer Experience 279

Retail TouchPoints

DECEMBER 16, 2022

“The representation of our future digital selves will be as important and, if you’re measuring by sheer volume of interactions, maybe more important than how we represent ourselves physically,” said Oana Ruxandra, CDO and EVP of Business Development at WMG in a statement.

Fashion 289

Fashion Accounting Consumer Promotions 289

Retail TouchPoints

DECEMBER 29, 2021

Quartile expects that the acquisition will double its amount of advertising spend under management to $2 billion in 2021. Retail marketers and small businesses are up against great odds when it comes to being seen in online marketplaces,” said Daniel Knijnik, Co-founder and CEO at Quartile in a statement.

Advertising 275

Advertising Accounting Marketing Retail Marketing 275

Retail TouchPoints

OCTOBER 18, 2023

Clarke joins AEO from PVH Corporation where she served as Global Chief Supply Chain Officer from 2021. Before joining PVH, Sarah held various leadership roles at Gap Inc. In her new role as EVP and Chief Supply Chain Officer at AEO, Clarke will be responsible for managing AEO’s global supply chain from sourcing through distribution.

Finance 278

Finance Accounting Store Operations Planning 278

Retail TouchPoints

JANUARY 19, 2023

PROVEN and Sephora have collaborated in the past and have been planning this partnership since August 2021. We are so pleased to work alongside PROVEN and bring our clients effective, personalized skincare solutions in this new format,” said Brooke Banwart, SVP Skincare Merchandising at Sephora in a statement.

Accounting 310

Accounting Planning ATS 310

Retail Gazette

JANUARY 3, 2025

Related Story End Clothing snapped up by private equity giant Apollo 10/10/2024 x 7:50 AM Accounts filed on Companies House show consultancy costs incurred to fix the problems and costs related to removing old stock. Inventory is now at very healthy levels and we are focusing fully on new season trading for SS25.

Finance 116

Finance Accounting Promotions Consumer 116