Retail TouchPoints

DECEMBER 21, 2022

FedEx is planning to cut an additional $1 billion in costs, citing weak demand that led to a disappointing profit for Q2 2023, which ended Nov. The reductions will add to cost-cutting measures announced in September to bring FedEx’s total fiscal savings plan for 2023 to $3.7 FedEx had expected revenue of $23.7

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Planning Management Consumer Fulfillment 257

Retail TouchPoints

JUNE 2, 2022

billion during FY2021, which ended April 2, 2022, The Container Store revealed that it is planning to open 74 new stores by FY2027. million in December 2021; Promoting its new branding campaign, Welcome to The Organization , with a 22% discount welcome offer on Feb. Following a net sales increase of 10.5%

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Location Planning Promotions Marketing 246

Retail TouchPoints

MARCH 21, 2023

billion generated in Q4 2021. The plan to do that — dubbed “Lace Up” — will include simplifying operations and investing in “core banners and capabilities.” Other plans include a reset of the retailer’s loyalty program and the development of an enhanced omnichannel experience. 28, 2023, with sales down 0.3% billion from the $2.34

Planning 242

Planning Location Management Consumer 242

Retail TouchPoints

DECEMBER 22, 2020

Nike plans to open 30 stores in the second half of 2021 as the retailer positions itself for long-term growth. Leaders discussed their plans for the business, including growing its connections with shoppers and improving supply chain capabilities, on a Dec. Nike’s supply chain plans aim to improve convenience for shoppers.

Checkout 358

Checkout Planning Consumer Management 358

Retail TouchPoints

JANUARY 10, 2022

Retailers pulled off a successful 2021 holiday season despite the challenges posed by the omicron variant and ongoing supply chain issues. 24, 2021, according to data from Mastercard. 21, 2021, through Jan. 21, 2021, through Jan. Overall sales were up 8.5% year-over-year during the period from Nov. 1 through Dec.

Shopping 278

Shopping Drop-Shipping Returns Shipping 278

Inside Retail

FEBRUARY 21, 2023

Following its store launch in Sydney earlier this year, Hong Kong-based tech accessories brand Casetify is planning to expand across Australia, as part of a larger goal of reaching 100 stores globally by 2025. The program will include plans to upcycle donated phone cases as part of the manufacturing process in order to develop new cases.

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Planning Accessories Location Consumer 246

Inside Retail

MARCH 14, 2024

Co-founded by Tim Brown and Joey Zwillinger in 2015, the company quickly became a hit amongst Silicon Valley-types and raised over US$200 million from venture capital investors, including Tiger Global Management, Lerer Hippeau, and Maveron. Its valuation surged to over US$4 billion on its first day of trading in November 2021.

Planning 130

Planning Wholesale Consumer Apparel 130

Retail TouchPoints

OCTOBER 4, 2021

Here are the Top 10 predictions retailers should keep in mind as they plan, implement and finalize their holiday strategies. The holiday 2020 surge in ecommerce caused digital headaches as shoppers contended with slow or unresponsive web sites, and retailers can’t afford a repeat in 2021. Salesforce expects U.S.

Merchant Services 310

Merchant Services Payment Services Fulfillment Promotions 310

Retail TouchPoints

MAY 18, 2023

SHEIN has officially launched its Europe, Middle East and Africa (EMEA) headquarters in Dublin City Centre, Ireland and is planning to host approximately 30 pop-up store events across the region this year to boost its profile with customers. The news comes as fellow Asia-based discount shopping app Temu picks up steam in the U.S.,

Planning 226

Planning Marketing Net Profit Finance 226

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. The top activities consumers plan to do more? Something different (Advantage: DTC brands).

Consumer 311

Consumer Drop-Shipping Shipping Returns 311

Inside Retail

APRIL 27, 2021

The development application is subject to approval from the NSW Department of Planning, and will support 440 jobs during its construction phase and a further 250 once operational. The site is expected to begin construction in 2021, with an operational launch date in 2024.

Planning 243

Planning Supermarket Fulfillment Accounting 243

Retail TouchPoints

OCTOBER 3, 2022

In late 2021, the company helped Walmart add embedded shoppable videos across Walmart.com, multiple media outlets, brand and talent sites and social platforms. TikTok’s live shopping platform is already operational in Asian markets including Thailand, Malaysia and Vietnam as well as the U.K. TalkShopLive has previously worked with U.S.

Shopping 322

Shopping Planning Checkout Marketing 322

Retail TouchPoints

NOVEMBER 21, 2022

The retailer aims to create a consumer-driven demand engine by growing its ecommerce operations while adjusting its global operations, including halting a planned expansion into Japan. 18 call with investors. Having a stronger backbone and technology enablers will be a key priority for us going forward.”.

Planning 263

Planning Store Operations Returns Marketing 263

Retail TouchPoints

JANUARY 16, 2022

Retailers and CPG brands can use that strong desire to support like-minded businesses by developing CSR plans that resonate with their target audience, whether that’s a customer segment or a pool of key job candidates. Accenture, April 2021 Developing a Holistic CSR Strategy. Powered by these twin engines of growth, they’re 2.5X

Planning 254

Planning Merchant Services Beauty and Health Consumer 254

Retail TouchPoints

AUGUST 30, 2021

Retail rode strong into Q2 2021 as shoppers returned to stores even as digital sales remained elevated. in Q2 2021 while its digital comparable sales grew 10% , building on the 195% growth achieved in 2020. Foot Locker managed solid 6.9% Target’s Store-Based Fulfillment Model Drives Convenience.

Consumer 312

Consumer Fulfillment Department Stores Sporting Goods 312

Retail TouchPoints

MARCH 28, 2022

And just how will they manage to do that? Liu oversees the MINISO business, including product marketing, PR, user operations and global ecommerce, so he shared some exclusive insights into the company’s expansion plans and priorities. We have plans to enter some new markets as well. For instance, in the U.S.,

Planning 216

Planning Consumer Marketing Accounting 216

Wiser

JUNE 5, 2023

As a small business owner, managing supply chain issues is nothing new. Fortunately, there are several strategies that you can use to ensure that your supply chain is managed properly and efficiently. It also includes managing returns from customers who may be unhappy with their purchases or have received damaged items.

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Management Drop-Shipping Shipping Supply Chain Management 147

Retail TouchPoints

MARCH 31, 2023

And this is just the first of in a series of shopping events Wish has planned for 2023. A former CFO for Shutterfly and Lexmark , she joined as Wish’s CFO in November 2021 and added COO to her title in late 2022. “In Joe Yan, CEO, Wish Central to Wish’s turnaround effort has also been a drawn-out reshuffling of its C-suite.

Planning 317

Planning Consumer Shipping Shopping 317

Inside Retail

AUGUST 23, 2021

And it doesn’t plan to stop there. last minute shopping needs, and complement our existing e-commerce offer,” Woolworths Metro general manager Justin Nolan said in a statement. Uber Eats regional general manager retail for ANZ, Lucas Groeneveld, said that the company has seen significant demand for grocery items on the platform.

Planning 246

Planning Supermarket Fulfillment Consumer 246

Retail Focus

JANUARY 13, 2022

Frasers Group plc today unveils plans to advance its investment into the Irish market, introducing FLANNELS into the Republic of Ireland for the very first time, with three new FLANNELS stores set to open across the country in FY23. For FLANNELS by Argent Design. For FLANNELS by Argent Design. For FLANNELS by Argent Design.

Planning 189

Planning Department Stores Fashion Accessories 189

Retail TouchPoints

MAY 11, 2021

Paper Source will sell itself to Elliott Investment Management , allowing the retailer to emerge from Chapter 11 and pursue a turnaround. Elliott also owns Barnes & Noble , and the firm plans to look for mutually beneficial retail partnerships that leverage complementary aspects of each retailer.

Planning 149

Planning Wholesale Management Store Operations 149

Retail TouchPoints

FEBRUARY 18, 2021

during Q4 2021, which ended Jan 31, 2021. Total revenue for the full fiscal 2021 was $559.2 Walmart is planning to make $14 billion in capital expenditures, up from its recent rate of $10 billion to $11 billion annually. Walmart reported 69% online sales growth and an 8.6% same-store sales bump in the U.S. billion , up 6.7%

Planning 233

Planning Advertising Customer Experience Location 233

Inside Retail

JANUARY 26, 2022

Chinese fashion retailer Shein is reviving plans to list in New York this year and its founder is considering a citizenship change to bypass proposed tougher rules for offshore IPOs in China, two people familiar with the matter said. Both sources declined to be named as the plans are confidential. Valuation jump. It made around US$15.7

Fashion 130

Fashion Planning Shipping Marketing 130

Retail TouchPoints

APRIL 26, 2021

The February 2021 edition of the Insights Study found just 8% of participants saying they shopped for groceries exclusively online. Those grocery retailers that listen, and move proactively, could have a very good 2021. Bill Beyea is Senior Manager, Promotion Intelligence Advisory Services for Inmar Intelligence.

Promotions 275

Promotions Shopping Consumer Fulfillment 275

Inside Retail

SEPTEMBER 6, 2021

In the last year, the group released its Sustainability Plan which set out a commitment to be powered entirely by renewable energy by 2025 , appointed its first chief sustainability officer, Alex Holt, and signed onto its first renewable energy deal. “We

Planning 182

Planning Supermarket Management 182

Retail TouchPoints

MAY 12, 2021

Nearly 50% of those surveyed said they’d be doing more of their shopping online in 2021; more than one third said they’d be using buy online, pick up in-store more, and more than one quarter said they’d be using curbside pickup more this year than they did pre-pandemic. Kendra Scott also created a curbside pickup program.

Jewelry 210

Jewelry Merchant Services Customer Experience Wholesale 210

Cisco Retail

SEPTEMBER 15, 2022

From a transport point of view, this means careful management of the unwanted side effects of the transport process, while maximizing the good things that we desire – safety, efficiency, and great customer experience. Ideally, advanced traffic management will exactly align the green signal time with the traffic flow on each approach.

Management 116

Management Payment Services Planning Customer Experience 116

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.

Payment Services 155

Payment Services Telecommunications Accounting Planning 155

Inside Retail

MARCH 15, 2022

After two years of riding a rollercoaster of challenges from delivery delays to quickly pivoting to online initiatives, Witchery managing director Simon Schofield is hopeful about the future of the business, with the re-emergence of large-scale fashion events, the introduction of greater diversity and new shopper behaviours.

Planning 130

Planning Fashion Shipping Management 130

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? Political instability.

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Management Planning Accounting Location 98

Inside Retail

APRIL 20, 2021

As customer expectations change beyond the Covid-19 pandemic, it’s come into stark focus that most businesses need to re-evaluate the way they plan and run their operations. With an even more competitive environment brewing in 2021, now is the time to better integrate operations into a smoother, more visible model.

Planning 147

Planning Fashion Management Marketing 147

Retail TouchPoints

NOVEMBER 19, 2021

Retailers saw strong results overall in Q3 2021 as the recovery continued, but supply chain shortages loom as they enter the holiday season. The retailer is reworking its plans to bring in 90% of the merchandise by air, but that product could still take nine days to arrive, as compared to the usual two-day air delivery timeframe.

Fulfillment 206

Fulfillment Shipping Planning Promotions 206

Inside Retail

MAY 23, 2024

Akter’s study surveyed 211 managers at manufacturing companies in Bangladesh with at least one year of experience using basic AI-powered climate service solutions and found that businesses employing AI-powered climate service innovation models improved energy efficiency, reduced emissions, and increased renewable energy sources.

Fast Fashion 260

Fast Fashion Fashion Marketing Management 260

Inside Retail

MAY 9, 2021

Managing director Simon Schofield discusses the new bricks-and-mortar experience and the brand’s revitalised product range. In the past year, one of our proudest initiatives has been formalising our commitment to Reconciliation through our first Reconciliation Action Plan.

Planning 246

Planning Fashion Returns Location 246

Retail TouchPoints

FEBRUARY 17, 2021

Standard Cognition has a raised $150 million in a Series C funding round led by SoftBank Vision Fund 2, with participation from existing investors CRV, EQT Ventures and TI Platform Management and new investors including SK Networks. and Toronto, Canada.

Checkout 147

Checkout Planning Inventory Management Management 147

Retail TouchPoints

JUNE 15, 2020

The Children’s Place plans to close 200 stores in 2020 and another 100 stores in 2021, the retailer revealed in announcing its Q1 2020 results. We are planning to have the majority of our stores open by July,” Elfers noted. The Children’s Place began a phased store reopening program on May 19.

Location 149

Location Shipping Apparel Returns 149

Cisco Retail

NOVEMBER 4, 2021

By definition, XaaS offerings must come to market as outcomes, or services, that correlate to business goals – all with a modern user experience centered around insights and telemetry to fuel more agile decision making, planning and service utilization. Partners and Managed Services Will Make XaaS an Unstoppable Force.

Management 115

Management Marketing Planning ATS 115