Retail TouchPoints

JANUARY 26, 2021

Culled from this agile, iterative survey data, here are six things we learned consumers want from retailers heading into 2021: 1. Retailers selling to the consumer of 2021 must pay careful consideration to their carrier strategy. Something different (Advantage: DTC brands). One in four consumers are shopping more with small brands.

Consumer 310

Consumer Drop-Shipping Shipping Returns 310

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. 30, 2021, total sales increased 4% to $2.3 For the 13 weeks ended Jan. I was pleased with how we navigated this trend, and utilized core Burlington 2.0

Planning 225

Planning Location Store Operations Accounting 225

Retail TouchPoints

MARCH 8, 2021

2020 saw a huge upswing in email and online fraud affecting retailers, including spoofing of retailers’ websites, consumer account takeovers and fraudulent delivery of messages. That’s why we predict retailers will increase authentication efforts in 2021; and inbox providers agree. Wider use of authentication tools.

Marketing 150

Marketing Management Accounting Promotions 150

Retail TouchPoints

OCTOBER 18, 2023

Clarke joins AEO from PVH Corporation where she served as Global Chief Supply Chain Officer from 2021. 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. Before joining PVH, Sarah held various leadership roles at Gap Inc.

Finance 235

Finance Accounting Store Operations Planning 235

Shopper Motion

DECEMBER 16, 2020

It is undeniable that the job of a Category Manager is essential for the correct functioning of a grocery store. Our goal in this post is to support Category Management with fresh ideas and trends so that they have all the information needed when designing strategies for 2021 with the ultimate target of increasing their sales.

Management 52

Management Promotions Inventory Turnover Supermarket 52

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. Key takeaway: Retailers need to manage the risks associated with social media and ensure they implement the best practices in their digital communications. The lingering impact of COVID-19.

Payment Services 303

Payment Services Consumer Customer Experience Accounting 303

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 154

Payment Services Telecommunications Accounting Planning 154

Cisco Retail

AUGUST 17, 2021

With contributions from Jamal “Jay” Bethea, Cisco Secure Email Product Marketing Manager. We are giving you a sneak peek into our recommendations for email security based on 2021 trends that will be out later this year. Also, in this area are the inbound DMARC and manage quarantined email controls.

Management 144

Management Accounting Marketing 144

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 283

Finance Promotions Accounting Management 283

Small Biz Trends

AUGUST 1, 2022

However, with business travel, risks are involved, and managing travel risks as best as possible is essential. Many companies have developed a travel risk management plan as the business grows. What is Risk Management in Business Travel? What is Risk Management in Business Travel? Major incidents regarding safety.

Management 98

Management Planning Accounting Location 98

Cisco Retail

NOVEMBER 19, 2021

The same shift is happening in IT and there is no better way to get an outcome than with a managed service. This puts the focus on how a solution performs after it is installed – a customer expectation that is best met with ongoing, high-value managed services. Chuck Robbins, Cisco CEO, at Partner Summit 2021.

Management 107

Management Marketing Accounting Location 107

Cisco Retail

OCTOBER 7, 2021

I am excited that one of the most interesting and influential groups of developers working on these apps will be coming together to explore the paths forward in software next week at KubeCon + CloundNativeCon 2021. In this talk, Cisco product managers Meenakshi Kaushik and Neelima Mukiri will discuss.

ATS 133

ATS Management Accounting Location 133

Retail TouchPoints

DECEMBER 15, 2022

Loyalty solution provider Clarus Commerce has officially rebranded as ebbo in the wake of its acquisition of PrizeLogic in late 2021. The new branding was created to signify the combination of Clarus Commerce’s loyalty offerings and PrizeLogic’s loyalty, promotion and rebate programs.

Customer Retention 211

Customer Retention Accounting Promotions Management 211

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 204

Payment Services Accounting Checkout Management 204

Retail TouchPoints

JUNE 15, 2022

The big differentiator is that Google insists its aim is not make the actual sale, but rather to support product discovery: “We’re indifferent on where the shopping journey ends, where that transaction takes place,” Matt Madrigal, VP and General Manager of Merchant Shopping at Google told Retail TouchPoints in a 2021 interview.

Merchant Services 291

Merchant Services Shopping Payment Services Advertising 291

Retail TouchPoints

OCTOBER 11, 2022

That is quite a jump from the 31 brands that had resale programs at the end of 2021. Both “managed resale” (in which the retailer and a resale partner manage product listings) and “peer-to-peer” models are growing. Hot Topic’s new resale shop will follow the managed resale model — customers in the U.S.

Accounting 219

Accounting Management Shopping ATS 219

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. According to the NRF, online sales accounted for $1.05 Approximately 16.6% of all U.S. trillion in U.S.

Returns 249

Returns Apparel Accounting Consumer 249

Retail TouchPoints

JANUARY 14, 2022

Lead investors include funds and accounts managed by BlackRock, with participation from Schonfeld, Invus Opportunities, H.I.G. Bolt generated significant results in 2021, growing GMV per merchant by 80% and increasing its number of accounts and transactions by 180% and 200% , respectively, year-over-year.

Checkout 182

Checkout Accounting Management Point of Sale 182

Retail TouchPoints

OCTOBER 4, 2021

Claire’s is already working to build on this momentum through the launch of its Cdrop subscription box service in September 2021. million in Q2 2021 on revenue of $356 million. As of July 2021, the retailer had 6.5 members accounted for half its sales in the country in the first half of fiscal 2021.

Jewelry 252

Jewelry Accessories Accounting Location 252

Inside Retail

JULY 27, 2023

McConnell told Inside Retail that the “tone at the top” matters more than people think, and that, in his experience, boards do a bad job of holding themselves accountable. Standard accounts are subject to a monthly account fee, while Premium and Pro accounts are not.

Accounting 242

Accounting Returns Management Marketing 242

Retail Gazette

MARCH 28, 2024

Muji told TheBusinessDesk.com : “This is part of a planned strategic restructuring of the business and Muji’s management expect to conclude a deal shortly. The retailer’s accounts are seven months overdue. Its administration comes on the back of Ted Baker’s collapse last week.

Accounting 117

Accounting Fulfillment Fashion Planning 117

Retail Focus

SEPTEMBER 3, 2021

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. You’ll also want to consider who will be overseeing and managing all of your couriers as well as specifically how much external guidance there will be for these drivers.

Planning 130

Planning Accounting Management ATS 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.

Finance 193

Finance Accounting Planning Promotions 193

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 262

Accounting Supermarket Marketing Management 262

Retail TouchPoints

OCTOBER 11, 2022

increase over holiday 2021. from 2021 and accounting for 16.3% Promotions are expected to hit record highs as retailers seek to manage inventory levels and draw in price-conscious shoppers. Adobe expects U.S. online holiday sales to hit $209.7 billion in the period from Nov. 31, 2022, a 2.5% billion in sales, up 2.8%

Apparel 252

Apparel Returns Promotions Accounting 252

I Vend

NOVEMBER 6, 2022

Retailers would need a sophisticated retail management system to manage the holiday season rush. Retail consultancy GlobalData predicts that sales value will be up by 6.6% – a lower level of growth than we saw in 2021, when stimulus payments were still fuelling spending.

Management 95

Management Payment Services Point of Sale Inventory Management 95

Retail TouchPoints

DECEMBER 29, 2021

Quartile expects that the acquisition will double its amount of advertising spend under management to $2 billion in 2021. of products account for around 80% of the sales on ecommerce marketplaces, so brands recognize they need a holistic solution to help them compete in all marketplaces and direct-to-consumer websites.

Advertising 218

Advertising Accounting Marketing Retail Marketing 218

Retail TouchPoints

JULY 8, 2022

GameStop has named Diana Saadeh-Jajeh, the retailer’s Chief Accounting Officer, as CFO, effective immediately. They will be on the corporate side rather than impacting associates and store managers, according to the person familiar with the matter. She replaces Michael Recupero, who has been terminated.

Accounting 256

Accounting Accessories Planning Marketing 256

Retail TouchPoints

AUGUST 4, 2022

In 2021, an analysis of web traffic data by Imperva Threat Research revealed that four out of every 10 shoppers on a retail site were not human. During a peak holiday shopping period in November 2021, bad bot traffic increased by 73%, negatively impacting customers’ online experiences in the process. What Makes a Bot ‘Bad’?

Customer Experience 253

Customer Experience Management Checkout Shopping 253

Retail TouchPoints

NOVEMBER 9, 2022

Customers can use either the DoorDash app or website, and members of the Sephora Beauty Insider loyalty program can earn points for these purchases by linking their account on the DoorDash app’s Sephora store page. Items will be fulfilled from Sephora’s 500+ U.S.

Fulfillment 246

Fulfillment Wholesale Accounting Consumer 246

Retail TouchPoints

MAY 5, 2022

Chinwe Abaelu, SVP and Chief Accounting Officer, will serve as Principal Financial Officer until Torrid appoints a new CFO. As Torrid’s CCO, Muñoz will manage product, design, product development, fabrication, sourcing, technical fit, creative marketing and merchandising. Former PVH Corp.

Apparel 216

Apparel Accounting Management Consumer 216

Inside Retail

FEBRUARY 22, 2024

The appointment of Amanda Bardwell as Woolworths Group’s next managing director and CEO, effective September 1, marks a historic moment for the parent company of Woolworths Supermarkets and Big W, which reported nearly $65 billion in sales last financial year. She took on her most recent role, as the managing director of WooliesX, in 2017.

Supermarket 264

Supermarket Promotions Management Accounting 264

Retail TouchPoints

MAY 3, 2021

Roe CFO, effective June 1, 2021. for 25 years in positions including VP, Controller and Chief Accounting Officer; VP of Finance for the Jeanswear and Imagewear Coalitions; and CFO of the International Business. Tapestry has named Scott A. Roe is currently CFO of VF Corp. , a position he has held since April 2015.

Finance 254

Finance Apparel Accounting Promotions 254

Retail TouchPoints

SEPTEMBER 17, 2022

The bureau also released the Buy Now, Pay Later: Market Trends and Consumer Impacts report, which found that Affirm, Afterpay, Klarna, PayPal and Zip together provided 180 million loans totaling over $24 billion in 2021, a near tenfold increase from 2019. Apparel and beauty companies accounted for 80.1% in 2020; A total of 13.7%

Consumer 206

Consumer Payment Services Apparel Accounting 206

Retail TouchPoints

AUGUST 9, 2022

Since Scott joined Tapestry in June 2021, he has been a great partner to me and has a unique and unparalleled understanding of multi-brand companies.”. At this same time, I am delighted to announce the appointment of Scott to the dual role of Chief Financial Officer and Chief Operating Officer.

Finance 237

Finance Accounting Management Consumer 237

Retail TouchPoints

JUNE 11, 2021

The retailer plans to use this opportunity to “optimize its retail footprint, bolster the ecommerce platform and focus on strategic wholesale accounts.”. “We The most recent major retailers to seek restructuring were The Collected Group in April 2021 and Paper Source in March 2021.

Jewelry 149

Jewelry Wholesale Accounting Planning 149

Retail TouchPoints

DECEMBER 23, 2022

Forrester predicts retailers, which are already facing operational and supply chain challenges, will react to the uncertainty in 2023 by shifting to managing rising costs by rolling back offers such as free returns or delivery, and investing in optimization technologies such as order management systems.

Drop-Shipping 203

Drop-Shipping Shipping Accounting Management 203