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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Retail TouchPoints

JANUARY 25, 2022

In the retail industry, many organizations are at a pivotal moment of forging a path forward to define the future-state customer experience where the physical and digital converge. As we navigate an interesting year of retail revival, now is the perfect time to make some small shifts and shrewd strides forward into 2022.

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Management Marketing Customer Experience Inventory Management 258

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. Freelance Social Media Manager. Freelance Therapist. Freelance Data Scientist.

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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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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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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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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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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.

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Retail TouchPoints

JANUARY 24, 2023

The digital wallet will be managed by Early Warning Services (EWS) , the company that operates Zelle, but will operate separately from Zelle. 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.

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Merchant Services Payment Services Accounting Checkout 287

Retail TouchPoints

OCTOBER 11, 2022

As of the end of September 2022, ThredUP has identified 107 branded resale shops (operated both through ThredUP and other providers), 73 of which launched in 2022. That is quite a jump from the 31 brands that had resale programs at the end of 2021.

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Accounting Management Shopping ATS 244

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. CommBank’s national manager, retail & e-commerce, David Martin, said: “As consumers navigate rising costs, it’s not surprising to see they are more discerning with how and where they spend.

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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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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. She replaces John Barresi, who resigned from the company effective June 10, 2022 to pursue another opportunity.

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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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Retail TouchPoints

AUGUST 26, 2022

Dollar General has promoted John Garratt to President and CFO, effective September 1, 2022. He will add responsibilities for the company’s strategic healthcare initiatives and its international expansion to Mexico to his existing finance, accounting, strategy and procurement functions. From 2004 to 2014 he served at Yum!

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Retail TouchPoints

JANUARY 5, 2023

New perks include an Elite Support Line for prioritized exclusive assistance for business needs and account management services with personalized purchase support from Home Depot experts. The retailer plans to announce additional benefits for the Member, Elite and VIP tiers throughout 2023.

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Retail TouchPoints

MAY 14, 2024

On track to pass this year and take effect as early as 2026, the directive will establish a new benchmark in corporate accountability and supply chain transparency. The United States has cracked down on forced labor with its Uyghur Forced Labor Prevention Act, enacted in 2022 and targeted at imported goods from China’s Xinjiang region.

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Retail TouchPoints

APRIL 11, 2022

Lowe’s has promoted Brandon Sink to EVP and CFO, effective April 30, 2022. Sink, currently SVP of Retail Finance at the retailer, will replace Dave Denton, who is departing to pursue another opportunity. Prior to his time with Lowe’s, Sink worked at Deloitte and Nucor Corporation.

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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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Inside Retail

OCTOBER 18, 2021

All trends are pointing to an acceleration of e-commerce in 2022, making right now a critical time to prepare for the challenges and opportunities ahead. It will feature commentary by Klaviyo’s strategic account executive for SMS Navin Jain and Starshipit’s partnerships executive Sofia Newcombe.

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Retail TouchPoints

MARCH 2, 2023

A surprise loss in Q4 2022 put Kohl’s newly confirmed CEO Toms Kingsbury in the hot seat as the company continues to grapple with declining sales and pressure from activist investors. The company already has Sephora at Kohl’s in place at 600 locations and plans to open another 250 by this summer.

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Advertising Planning Accounting Customer Experience 224

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. The business’ share price currently sits at 60 cents per share. The business’ share price currently sits at 60 cents per share.

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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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Retail TouchPoints

AUGUST 11, 2022

Plaines will lead all financial activities across the retailer, with the goal of driving best-in-class execution across functions including financial strategy, real estate, capital deployment, credit services, sourcing and procurement, treasury and accounting. Plaines is the department store retailer’s third C-level hire this year.

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Retail TouchPoints

SEPTEMBER 15, 2022

19, 2022 to contribute to associates’ financial stability and help them manage their higher education debt, but reportedly they won’t be initially extended to unionized workers, according to Reuters. Additionally, Starbucks will contribute $25 and $50 credits at key saving milestones. The new benefits will launch on Sept.

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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. BJ’s Wholesale Club selected DoorDash as its grocery delivery partner across 226 stores in March 2022.

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Retail TouchPoints

MAY 5, 2022

Torrid has appointed Lisa Harper as its new CEO, as current CEO Liz Muñoz steps into a newly created position as Chief Creative Officer (CCO) at the apparel retailer that serves women sizes 10 to 30. The change at the top comes amid a number of leadership shifts taking effect immediately.

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Retail TouchPoints

SEPTEMBER 22, 2023

The company shared details about a number of current initiatives — including plans to introduce commerce capabilities into its mobile game House Flip — and promised that “over the next year, you’ll see us test a variety of experiences in virtual worlds that connect to commerce at stores and vice versa.” “At 8 , in a blog post. “At

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Inside Retail

JUNE 13, 2023

. “We’re committed to strengthening co-workers’ employability in Ingka, through lifelong learning and development and reskilling, and to accelerate the creation of new jobs,” said Ulrika Biesert, global people and culture manager at Ingka Group. billion of revenue in Ingka’s 2022 financial year – 3.3

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Retail TouchPoints

JUNE 16, 2022

The company will end operations in New York City and Boston after June 19, 2022 and lay off approximately 50 of its 950 global office staff members. JOKR reportedly started exploring a sale of its New York operations in February 2022, people familiar with the matter told The Information. fulfillment centers.

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Retail TouchPoints

AUGUST 8, 2022

Plus size retailer Torrid has named Tim Martin to the role of COO and CFO, effective September 12, 2022. Martin brings 25 years of retail experience, most recently as EVP and CFO of Guitar Center , where he was responsible for accounting and finance, real estate, sourcing, distribution and logistics.

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Finance Store Operations Apparel Accounting 227

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.

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Retail Assist

DECEMBER 20, 2022

2022 was the year we were allowed to leave our homes! Lewis McManamon joined the Help Desk as Service Delivery Manager in December. Experts from across the region joined us at The Magic Garden in Nottingham to discuss the way forward for the retail sector in terms of how to balance technology and provide a seamless customer experience.

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Management ATS Customer Experience Consumer 52

Cisco Retail

MARCH 3, 2022

Many challenges lay ahead for financial services IT in 2022 and beyond. At the end of 2021, a New York City headquartered, 220-year-old bank was fined over $200 million in regulatory fees due to insecure practices – namely employees using non-corporate or personal email accounts to transact official business. Cisco can help.

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Accounting Finance Planning Marketing 137

Retail TouchPoints

NOVEMBER 3, 2022

To combat this threat, midsize retailers would be wise to focus on the top three causes of loss, which account for more than 60% of all insured losses, according to QBE North America’s claims data for the accident years 2019-2022 as of this February. There should be a clear process for following up with the injured person.

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Inside Retail

DECEMBER 17, 2023

A joint £5 billion bid from Reliance Industries and Apollo Global Management was rejected, with other interest from Asda, brothers Mohsin and Zuber Issa, CVC and Bain Capital. The business is reportedly valued at £7 billion and its parent company Walgreens was looking for up to £10 billion, to allegedly focus on its US-based businesses.

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Retail TouchPoints

MAY 27, 2022

Pay raises could help fend off further unionization efforts, which are reportedly ongoing in at least four stores. Starbucks also is countering a union push and has invested nearly $1 billion in increased pay, modernized training and other worker-centric initiatives in 2022. businesses in general have spent 4.5%

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