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. The top activities consumers plan to do more? on average.

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Consumer Drop-Shipping Shipping Returns 312

Retail TouchPoints

NOVEMBER 18, 2022

million people plan to shop between Thanksgiving Day and Cyber Monday in 2022, representing 69% of all holiday shoppers, according to a survey conducted by the National Retail Federation (NRF) and Prosper Analytics. This would be nearly 8 million more people than in 2021 and the highest estimate since NRF began tracking the data in 2017.

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Shopping Department Stores Planning Accounting 270

Retail TouchPoints

MARCH 11, 2021

The sportswear company’s new “Own the Game” 5-year growth strategy was unveiled at its Investor and Media Day March 10. At the same time Adidas reported currency-neutral sales growth of 1% in Q4 2020, following declines across markets earlier in the year as a result of the pandemic. billion US ) to between €8-€9 billion ($9.5

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Planning Wholesale Sporting Goods Accounting 195

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.

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Finance Accounting Store Operations Planning 259

Retail TouchPoints

MARCH 3, 2021

At the time, Paper Source acquired 30 of those Papyrus stores, increasing its footprint by 22% , but just weeks later COVID-19 stole the headlines. Like many retailers, some of these losses were offset by growth on the ecommerce side of the business, with online accounting for 24% of the company’s sales in 2020, up from 10% in 2019.

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Planning Finance Accounting Location 299

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.

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Sporting Goods Wholesale Specialty Retailers Accounting 321

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. Businesses will need to rework their enterprise resource planning (ERP) platforms and tax technology to remain compliant.

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Payment Services Telecommunications Accounting Planning 159

Retail TouchPoints

JULY 14, 2023

billion in 2021, according to a survey by the National Retail Federation (NRF) and Prosper Insights & Analytics. billion , with the top products planned for purchase including laptops ( 51% ), tablets ( 36% ) and calculators ( 29% ). Families with children in elementary through high school plan to spend an average of $890.07

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Discount Store Department Stores Planning Accessories 225

Mass Relators

NOVEMBER 6, 2023

CHICAGO – The number of consumers planning to do at least some of their holiday shopping online rose to 82% this year, according to a recent holiday purchase intentions consumer survey from Circana , formerly IRI and The NPD Group. consumers are shopping. consumers are shopping.

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Planning Consumer Shopping Promotions 52

Independent Retailer

APRIL 6, 2021

Informa Markets Fashion, host to a comprehensive portfolio of apparel and sourcing fashion trade events including MAGIC, COTERIE, PROJECT, and SOURCING at MAGIC, confirmed the first slate of event dates planned for the second half 2021.

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Fashion Planning Marketing Apparel 52

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).

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ATS Fashion Accounting Point of Sale 130

Retail TouchPoints

MAY 18, 2021

Bed Bath & Beyond has named John Barresi as SVP of Finance and Chief Accounting Officer, as the retailer continues to bolster its leadership team as part of its three-year transformation strategy. Barresi will join Bed Bath & Beyond on June 7, 2021, reporting directly to EVP and CFO Gustavo Arnal.

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Finance Accounting Planning Promotions 195

Retail TouchPoints

JUNE 9, 2023

According to Cooler Screens’ account, all was going well in the initial years of the arrangement, which included a successful three -month pilot in 2018 at six locations, followed by plans to expand to 2,500 stores. Lipsman is a major proponent of in-store retail media and also worked briefly at Cooler Screens in 2021.

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Advertising Planning Accounting Customer Experience 312

Inside Retail

MARCH 15, 2022

Australian Retail Outlook : What are some of the things Witchery worked on in 2021 that you’re most proud of? . Simon Schofield: Witchery has had an incredible 2021. We know Witchery has been working on formalising its Reconciliation Action Plan in 2021.

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Planning Fashion Shipping Management 130

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

Payment Services 228

Payment Services Accounting Checkout Management 228

Retail TouchPoints

OCTOBER 5, 2020

Fast-fashion retailer H& M announced plans to close approximately 250 stores next year as it seeks to step up the pace of its transformation via digital investments, store portfolio optimization and increasingly integrated channels. H&M has not yet identified which stores will be shuttered. Sales for September 2020 decreased 5%.

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Fast Fashion Fashion Accounting Location 186

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. “We

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Accounting Planning ATS 283

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. Are you planning to be a same-day delivery service, with drivers transporting important and time-sensitive documents and items around the country? Planning Stages. At the same time, keep it simple and easy to follow.

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Planning Accounting Management ATS 130

Retail TouchPoints

NOVEMBER 30, 2022

million shoppers went shopping for great deals, compared to 179 million in 2021 and 30 million more than the projected turnout of 166.3 Nearly all ( 97% ) of Thanksgiving Weekend shoppers were making holiday-related purchases and they spent an average of $325 each, 8% more than the approximately $300 average spend in 2021.

Accounting 248

Accounting Promotions Outdoor Finance 248

Inside Retail

MAY 14, 2024

The world’s largest jewellery brand Pandora is placing sustainability at the cornerstone of its ‘Phoenix’ growth strategy and even tying bonuses for top management to environmental targets to incentivise progress. Focusing on that, we launched into this big plan to transition to exclusively using recycled silver and gold,” Twomey-Madsen said.

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Finance Marketing Accounting Management 269

Retail TouchPoints

MARCH 5, 2021

Bed Bath & Beyond will launch at least eight new owned brands in fiscal 2021, with six debuting sequentially in the first six months of the fiscal year, which begins March 2021.

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Accounting Planning Marketing Shopping 227

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. Having no boundaries will make both of these situations worse. Or can they? So what can you do?

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ATS Accounting Planning Management 130

Retail TouchPoints

MARCH 17, 2022

Retail veterans Hull and Sachse had joined the company’s Board of Directors and stepped into the interim Co-CEO roles in March 2021 upon the departure of then-CEO Dinesh Lathi. 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.”.

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Fashion Accounting Promotions Planning 248

Retalon

JANUARY 6, 2021

An effective replenishment plan will drive profit. There is an age old saying, and it goes like this: “you don’t plan to fail, you fail to plan.” ” And what can be easier than planning replenishment? All you need to do is plan to replenish the products that you sell out of.

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Planning Markdowns Accounting Shipping 41

Retail TouchPoints

FEBRUARY 8, 2022

Peloton continues to deal with challenges including two unfortunate media portrayals and mid-2021 product recalls following reports of 70 injuries and one death. He was CFO at Netflix from 1999 to 2010, putting him in a leadership role during the transition from mail-based distribution to streaming-based subscriptions. “He’s

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Operating Expenses Accounting Planning Marketing 267

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.

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Specialty Store Planning Accounting Returns 195

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% of users charged at least one late fee in 2021, up from 7.8% of individual loans in 2021 saw at least some portion of the order returned, up from 12.2%

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Consumer Payment Services Apparel Accounting 231

Retail TouchPoints

FEBRUARY 13, 2023

Digital payments misuse accounted for 21% of the total number of fraudulent transactions. Incidents of identity theft and related fraud rose nationwide in 2021, according to the FTC. According to the PYMTS report, 71% of financial institutions plan to improve their use of these solutions within the next six to 12 months.

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Merchant Services Payment Services Accounting Promotions 267

Retail TouchPoints

MARCH 22, 2023

More than 50 were at independent retailers, stadiums and universities, with the remainder in Whole Foods and other Amazon-owned locations. Panera is currently utilizing the technology at two locations in the greater St. Louis area, according to Dilip Kumar, VP ofAWS at Amazon in an interview with Reuters.

Merchant Services 223

Merchant Services Checkout Location Accounting 223

Inside Retail

NOVEMBER 16, 2022

Burberry’s new chief executive Jonathan Akeroyd will on Thursday set out his plan to finish the job started by his predecessor: boosting growth at the British luxury brand to the levels of its European rivals. Leather goods account for around 20 per cent of Burberry’s sales versus 70 per cent at Bottega Veneta.

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Fashion Department Stores Planning Accounting 278

Retail TouchPoints

AUGUST 3, 2022

The digital innovation fund was first announced at the retailer’s Investor Day event in October 2021, and since then the fund has already made a number of investments in start-ups including Haut.ai , Adeptmind , Revea , LUUM and ReStyle.

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Social Commerce Accounting Marketing Planning 283

Retail TouchPoints

MARCH 26, 2021

The move, which will include products sold both in-store and online, is part of an effort to rebuild JCPenney in 2021 as the basis for returning to solid growth in 2022. Shashoua also is Chief Investment Officer at Simon , which acquired Forever 21 in partnership with Brookfield Property Partners and ABG in February 2020.

Apparel 290

Apparel Accounting Returns Planning 290

Inside Retail

OCTOBER 26, 2022

Many of these kinds of planned megaprojects are possible because of public-private partnerships to redevelop huge swathes of land previously used as military bases by the US armed forces, of which the last closed was Subic Bay in 1992. Here’s a look at the newest ones appeared first on Inside Retail. The look forward.

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ATS Outdoor Shopping Planning 147

Retail TouchPoints

JULY 26, 2022

In fact, Salesforce has already predicted that the modest growth of the 2021 holiday shopping season could foreshadow this year , with Q1 data showing a 3% YoY decrease in global digital sales. and shoppers placed 12% fewer orders worldwide compared to the same period in 2021. plan to start buying gifts earlier – the No.

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Drop-Shipping Fulfillment Consumer Shipping 292

Retail TouchPoints

MAY 27, 2022

Apple is reportedly planning to boost starting pay for U.S. Pay raises could help fend off further unionization efforts, which are reportedly ongoing in at least four stores. more on worker costs in the first three months of this year compared to the first three months of 2021, according to data from the Labor Department.

Accounting 284

Accounting Location Marketing Planning 284

Inside Retail

JUNE 6, 2021

Chinese discount chain Miniso accelerated its expansion plan during the pandemic, opening 364 stores around the world during the past 12 months. During Q3 2021, Miniso generated US$340.3 Its e-commerce sector accounted for $26.1 million in revenue, accounting for 3.1 per cent of sales.

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Discount Store Accounting Marketing Planning 130

Inside Retail

AUGUST 31, 2023

Alternatively, the potential breakup could just be a case of prudent estate planning given Lew is now 78 years of age and one of Australia’s wealthiest individuals. The timing tends to infer that Murray was not keen on the breakup plan or didn’t see a suitable role for himself in the future.

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Apparel Department Stores Planning Wholesale 240