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 265

Sporting Goods Accounting Consumer Marketing 265

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 244

ATS Accounting Location Management 244

Retail TouchPoints

FEBRUARY 11, 2021

of retail sales in China will come from ecommerce in 2021. If the forecast bears out, this will be a major milestone for online commerce, marking the first time that digital sales will account for a majority of all retail sales in any country worldwide. of all retail sales in 2021, while in the U.S. of the country’s total.

Payment Services 182

Payment Services Accounting Shopping ATS 182

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 233

Accounting ATS Marketing 233

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 255

Planning Location Store Operations Accounting 255

Retail TouchPoints

JANUARY 26, 2021

With so much change happening so quickly and so unpredictably, we at Pitney Bowes decided that returning to an 8 th edition of our annual consumer research study wasn’t going to cut it, so instead we moved to a weekly poll of consumer sentiment in Q4 called BOXpoll. Something different (Advantage: DTC brands). on average.

Consumer 312

Consumer Drop-Shipping Shipping Returns 312

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 Accounting Consumer 264

Retail TouchPoints

JUNE 24, 2021

Prime Day 2021 sales grew relatively modestly compared to last year’s Prime Day, up 6.1% In 2020, the ecommerce giant disclosed that third-party sellers accounted for $3.5 Despite this increase, CPC for Prime Day 2021 was estimated at $2.25 , only slightly higher than the $2.20 billion in sales. for both years.

Advertising 153

Advertising Accounting Promotions ATS 153

Retail TouchPoints

MARCH 8, 2021

From April through December 2020, companies experienced the longest period ever of sustained high email volume, with email sending rates remaining at the level of the previous holiday season throughout most of 2020, according to Validity research. Verizon Media’s Becker says his personal wish is for 100% adoption of DMARC in 2021.

Marketing 153

Marketing Management Accounting Promotions 153

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 278

Sporting Goods Accounting Consumer Customer Experience 278

Retail TouchPoints

MAY 12, 2021

Delek US Holdings will implement AI-powered self-checkout at more than 70 Delek DK convenience stores in Texas by late summer 2021, through a partnership with Mashgin. Delek is adopting the technology to speed up the in-store shopping experience and improve safety, which remains a concern even at the tail end of the pandemic.

Checkout 177

Checkout ATS Kiosk Accounting 177

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 267

Finance Accounting Store Operations Planning 267

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

Cisco Retail

NOVEMBER 7, 2021

Cisco at Web Summit 2021: Powering a More Inclusive Future for All. At Cisco, our company purpose is to power an inclusive future for all. This month, Cisco attended Web Summit , a global forum that brings people and companies together at the intersection of technology, people and culture.

ATS 92

ATS Accounting Returns 92

Retail TouchPoints

FEBRUARY 24, 2021

Accelerating vaccine rollouts combined with pent-up consumer demand will drive 2021 U.S. retail sales to at least $4.33 The projected increases for 2021 will put sales growth rates on a par with 2020’s. The 2020 November-December holiday season accounted for 19.4% That total would represent a 6.5% growth rate. billion.

Accounting 147

Accounting Consumer Store Operations ATS 147

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 284

Accounting Consumer Shopping ATS 284

Retail TouchPoints

DECEMBER 23, 2020

In 2021, businesses in the United States will face new VAT rules for selling to final consumers in Europe. 1, 2021 to July 1, 2021 due to the coronavirus pandemic, but U.S. While the changes are meant to help streamline the filing and collection of Value Added Tax (VAT), they unintentionally make tax calculation more complex.

Payment Services 162

Payment Services Telecommunications Accounting Planning 162

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 281

Returns Apparel Accounting Consumer 281

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 278

Shopping Department Stores Planning Accounting 278

Nvidia

DECEMBER 9, 2021

Learn more about our latest app update — featuring Ubisoft Connect account linking for faster game launches — now rolling out to members, and the six new games joining the GeForce NOW library. So, this GFN Thursday also takes a look at how GeForce NOW transforms Macs into powerful PC gaming rigs. Streamline Your Sign-In. Version 2.0.36

Accounting 99

Accounting Location ATS 99

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 310

Finance Promotions Accounting Management 310

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 287

Merchant Services Accounting Payment Services Returns 287

Inside Retail

MARCH 23, 2022

Chinese fashion company Lanvin Group is set to list on the New York Stock Exchange via a special purpose acquisition company (SPAC), in a deal valuing the business at up to US$1.9 Greater China accounted for 14 per cent of the group’s global revenue last year, with North America contributing 33 per cent (15 per cent excluding St John Knits).

ATS 130

ATS Fashion Accounting Point of Sale 130

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 305

Merchant Services Shopping Payment Services Advertising 305

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 286

Apparel Returns Promotions Accounting 286

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 282

Fashion Accounting Consumer Promotions 282

Retail TouchPoints

OCTOBER 26, 2022

Amazon shoppers will be able to add their Venmo account as a payment method for their Amazon account and even set it up as their default payment option. The integration has been almost a year in the making, with Amazon and Venmo parent company PayPal first announcing their plans in November 2021. “We shoppers by Black Friday.

Payment Services 235

Payment Services Accounting Checkout Management 235

Inside Retail

JULY 7, 2022

There’s also a high chance you’re experiencing burn-out, Asana’s 2021 Anatomy of Work Index found that almost 4 in 5 Australians are. You work in a place where everyone works late and people email you at all hours and expect a response. Both of you can make a list of the things you think you are accountable for and put them in order.

ATS 130

ATS Accounting Planning Management 130

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 275

Jewelry Accessories Accounting Location 275

Retail TouchPoints

OCTOBER 5, 2020

The planned decrease in its brick-and-mortar presence accounts for approximately 6% of the retailer’s 5,000-store global footprint. Part of the reason was that approximately 900 of the retailer’s stores were temporarily closed at the beginning of the quarter, and more than 200 locations remained temporarily closed at the end of Q3.Sales

Fast Fashion 187

Fast Fashion Fashion Accounting Location 187

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

APRIL 4, 2023

In its third annual Brand Protection Report , Amazon highlighted the success of its ongoing efforts to fight counterfeit products and said that 2022 saw more criminal referrals and industry partnerships than ever before at the company. million attempts in 2021 and 6 million attempts in 2020. Holding counterfeiters accountable legally.

Accounting 255

Accounting Consumer Shopping Marketing 255

Talking Retail

JULY 9, 2021

The top cat in this category is Felix, which accounts for about one-third of category value and continues to flourish with impulse sales growth. This story continues at MustStocks 2021: Cat food. Or just read more coverage at Talking Retail. sales uplift this time around.

Accounting 52

Accounting ATS 52

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 319

Marketing Accounting Advertising Consumer 319

Retail Focus

SEPTEMBER 3, 2021

But first, let’s look at some of the first steps you need to take when starting your courier business today. At the same time, keep it simple and easy to follow. Build a trustworthy team to help you manage your budget, or better yet, outsource the task to an accountant who can help you to get everything in order.

Planning 130

Planning Accounting Management ATS 130

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

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 292

Accounting Planning ATS 292