Retail Focus

DECEMBER 5, 2022

With 2022 as the first year of MAPIC’s fully-fledged return post-pandemic, the atmosphere has been optimistic and energetic, with people looking forward to the experience of in-person retail and interactions. Each year, MAPIC hosts some of the retail real estate industry’s largest leasing announcements—and 2022 was no different.

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Finance Outdoor Consumer Accounting 182

Retail TouchPoints

MARCH 3, 2022

Target has big plans for 2022, with the retailer announcing plans to invest up to $5 billion this year to open new stores, enhance its digital, fulfillment and supply chain capabilities, and expand its shop-in-shop concept with Ulta Beauty. and New York’s Times Square.

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Small Biz Trends

NOVEMBER 29, 2022

The year is almost over, but there’s still time to take actions that can reduce your 2022 tax bill. Last-Minute Tax Actions for 2022. If you buy and place in service qualified equipment by December 31, 2022, you can deduct 100% of the cost; no depreciation over a number of years is required. Buy a new vehicle.

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Payment Services Planning Accounting Returns 137

Retail TouchPoints

JUNE 23, 2022

The 2022 back-to-school (BTS) season could be the most “normal” since the start of the pandemic, with even more demand than the record-setting BTS 2021 season for clothing, classroom supplies and new technology. Regardless of your customers’ age demographic, it’s a smart idea to offer digital wallet payment options at checkout.

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Payment Services Checkout Drop-Shipping Customer Retention 286

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.

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Sporting Goods Accounting Consumer Marketing 262

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.

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Retail TouchPoints

MAY 3, 2022

With more investment on the table, it is more important than ever for brands to take stock of their own businesses and changes occurring at Amazon to successfully navigate their annual negotiations. Avoid this at all costs. of the United States’ net digital ad revenue, according to Insider Intelligence. Know the Numbers.

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Inside Retail

JANUARY 27, 2024

. “It’s still going to be challenging and a lot of hard work, but there is at least a realism in the goal of 50 per cent,” Par Stenmark, chief sustainability officer at Inter Ikea, told Reuters in an interview. million tonnes in the 2022 fiscal year. Inter Ikea said emissions were estimated to total 24.1

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Retail TouchPoints

JANUARY 11, 2023

alone by 2024, accounting for 20% of total digital ad spend, according to Insider Intelligence. At Microsoft, we’re empowering retailer success by creating an economic engine for retailers while enabling them to own their data and customer relationships.”. Retail media spend is projected to reach more than $61 billion in the U.S.

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Retail TouchPoints

DECEMBER 26, 2023

As in previous years, ecommerce grew at a faster pace than brick-and-mortar retail, but the latter still accounts for the majority of all sales. Spending at restaurants saw a significant jump, increasing 7.8% compared to 2022. Online sales grew 6.3% , outpacing the 2.2% increase in in-store sales. Apparel sales grew 2.4%

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Small Biz Trends

JULY 13, 2022

Best Freelance Gigs in 2022. Remote, providers of global payroll, tax, HR and compliance solutions for remote, distributed teams, looks at what the best freelance gigs are right now. The second-best freelance gig in 2022 is a therapist. Those taking care of brand’s social media accounts typically earn around $26 an hour.

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Inside Retail

JUNE 27, 2022

That said, it’s time to take a look at what’s on the horizon for logistics and the global supply chain. Holiday sales at the end of last year reached $886.7 The post Looking ahead: 2022 holiday logistics predictions appeared first on Inside Retail. A softening of consumer demand . billion , earmarking a growth of 14.1

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Shipping Consumer Shopping Accounting 130

Retail TouchPoints

NOVEMBER 3, 2022

Rafeh Masood will resign from his position as EVP and Chief Customer and Technology Officer at Bed Bath & Beyond effective Dec. Masood’s departure comes at a time when the retailer is grappling with a difficult business landscape. 27, 2022, Bed Bath & Beyond reported a 28% year-over-yearsales decline.

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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. His 18 years’ experience in accounting and tax includes positions at Elevate Textiles and Roper Technologies.

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365 Retail

MAY 23, 2022

Diebold Nixdorf (NYSE: DBD), a global leader in designing, enabling and operating sustainable retail consumer and staff journeys, is pleased to announce its participation in EuroCIS 2022, the leading trade fair for retail technology. EuroCIS 2022 attendees will have the opportunity to experience this future up close. .

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Inside Retail

JANUARY 19, 2024

In 2022–23, nearly 94,000 cyber crimes were reported in Australia, up 23 per cent on the previous year. Re-using the same login details Credential stuffing is a type of cyber attack where hackers use stolen usernames and passwords to gain unauthorised access to other online accounts. You may be surprised by what you see.

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Inside Retail

MARCH 15, 2022

They have absolutely loved the new look and layout and we can’t wait to roll this out even further in 2022. ARO: What are some of the interesting challenges Witchery is focusing on for 2022? ARO: What are three of the most exciting opportunities for the Australian fashion industry in 2022?

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Inside Retail

FEBRUARY 27, 2023

When looking only at retail spending – one of 12 categories comprising the Index – the fluctuation over the Christmas season was more evident. This article has been prepared without taking into account your objectives, financial situation (including the capacity to bear loss), knowledge, experience or needs. per cent).

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Merchant Services Payment Services Specialty Retailers Accounting 130

Small Biz Trends

NOVEMBER 22, 2022

The Amazon Books Editors recently announced their selections for the Best Books of 2022, which include the best business books published this year. Amazon’s Top Business Books of 2022. Elizabeth Popp Berman has authored a compelling account that tracks the progression of American politics towards its current state.

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Retail TouchPoints

FEBRUARY 20, 2024

We believe Vizio’s customer-centric operating system provides great viewing experiences at attractive price points,” said Seth Dallaire, EVP and Chief Revenue Officer at Walmart U.S. in a statement. “We We also believe it enables a profitable advertising business that is rapidly scaling.

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Inside Retail

NOVEMBER 23, 2021

I’ll start with a particularly interesting one that has strong voices on either side: what proportion of sales will be online in 2022? Last year, I interviewed Jonathan Reeves from Eagle Eye for my Shopology show and he predicted that online would account for half of retail sales by 2030. So which is it? Will online keep growing?

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Retail TouchPoints

JANUARY 25, 2024

Online shoppers have more options at their fingertips than ever and have developed a fickle tolerance for user experiences they consider clumsy, slow or just plain inconvenient. Passwords are at the heart of the issue and account for 30% of all abandoned online purchases. Anna Pobletts is the Head of Passwordless at 1Password.

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Retail TouchPoints

OCTOBER 19, 2022

2, 2022, which will allow her to stay through the retailer’s Q3 2022 financial reporting. SVP and Chief Accounting Officer Michael Maher will step into the role on an interim basis while the company conducts an internal and external search for a permanent CFO. “As

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Retail TouchPoints

NOVEMBER 3, 2023

spending forecast to climb 3%-4% over 2022, generating between $957.3 The NRF’s forecast, which is based on economic modeling that takes multiple factors into account, is in line with the Mastercard Spending Pulse prediction from September 2023 that U.S. billion spent in the 2022 holiday season. billion to $966.6 for the Nov.

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Retail TouchPoints

SEPTEMBER 6, 2022

2, 2022 after falling from his balcony. The retailer has named SVP and Chief Accounting Officer Laura Crossen as Interim CFO, according to a regulatory filing. His prior experience included 20 years in financial roles, most recently as CFO at Avon. Bed Bath & Beyond EVP and CFO Gustavo Arnal died on Sept.

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Accounting Planning ATS Store Operations 228

Retail TouchPoints

DECEMBER 27, 2022

24, 2022, according to preliminary Mastercard SpendingPulse data. Ecommerce accounted for 21.6% 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.

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Accounting Consumer Shopping ATS 283

Small Biz Trends

SEPTEMBER 9, 2022

The Handmade Crafts Industry in 2022. The handmade business industry is booming in 2022, with consumers looking for unique products and online marketplaces making them easily accessible. Open a Business Bank Account. Open a bank account and start tracking revenue and expenses. Source Supplies. Image: Envato Elements.

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Retail TouchPoints

OCTOBER 11, 2022

31, 2022, a 2.5% In 2022, the impact of economic uncertainty, particularly in rising prices of non-discretionary expenditures like gas, food and housing, will rein in consumer spending. from 2021 and accounting for 16.3% However, experts have noted that maintaining margin will be the key to holiday 2022 success.

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Apparel Returns Promotions Accounting 284

Retail TouchPoints

JANUARY 3, 2023

Becoming proficient at navigating these obstacles is key to protecting retail profits. 2022 saw the fastest pace for inflation in decades. As consumers faced higher prices at the gas pump, grocery stores and other places, many cut back on their spending, increasing the competition among retailers.

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Independent Retailer

SEPTEMBER 23, 2021

With rising demand, competition to attract and keep ecommerce customers will heat up in 2022. E-tailers will need more than a website to compete in 2022. To illustrate the significance, Amazon accounts for 45 percent of the U.S. To illustrate the significance, Amazon accounts for 45 percent of the U.S. Headless Commerce.

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Shipping Accounting Store Operations Marketing 96

Hunton Andrews Kurth

APRIL 26, 2022

On March 31, 2022, the staff of the Division of Corporation Finance and the Office of the Chief Accountant of the SEC issued Staff Accounting Bulletin (SAB) No. She also questions why the staff used a staff accounting bulletin and not a more robust rulemaking process that allowed for public participation.

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Accounting Finance ATS Marketing 52

Retail TouchPoints

OCTOBER 3, 2023

Discount Tire has purchased the retail tire and automotive maintenance operations of Dunn Tire , which provides parts and installations for brakes, lube and oil services, front-end repairs and state vehicle inspections at 25 locations in western and central New York and Pennsylvania. Financial details of the transaction, which closed Sept.

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Location Wholesale Accessories Accounting 232

Retail TouchPoints

JANUARY 24, 2023

EWS also said that if a sizable number of merchants enable the wallet it might also explore adding other payment options, such as direct payments from bank accounts. By 2025, digital wallets are expected to account for 52.5% PayPal still dominates the space, accounting for approximately 16% of all U.S.

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Merchant Services Payment Services Accounting Checkout 292

Retail TouchPoints

APRIL 2, 2024

The Amazon Counterfeit Crimes Unit (CCU), established in June 2020 , stopped more than 700,000 attempts by bad actors to create fake selling accounts in 2023. That’s down from 6 million would-be fake account attempts that were thwarted in 2020, the year that the CCU launched — an 88% decrease in less than four years.

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Retail TouchPoints

JUNE 8, 2023

Direct emissions from owned operations account for 6.4% of the total, and indirect emissions from the use of purchased electricity account for 6.6%. “We We talk a lot at Sprouts about ‘doing well by doing good,’” said Jack Sinclair, CEO of Sprouts in the report. “To

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Retail TouchPoints

JANUARY 6, 2023

While the 2022 holiday season was by all accounts a success, retailers may want to buckle down as they head into the new year: four out of 10 U.S. While the 2022 holiday season was by all accounts a success, retailers may want to buckle down as they head into the new year: four out of 10 U.S.

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Mass Relators

JUNE 7, 2023

CHICAGO – Circana, formerly IRI and The NPD Group, has released its 2022 New Product Pacesetters , the 28th annual report revealing the top new product launches across food and beverage and nonfood sectors. The 2022 New Product Pacesetters achieved a staggering $6.8 Among food and beverage Pacesetters, Chick-fil-A sauces ranked No.

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Consumer Accounting Marketing ATS 52