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.

Advertising 258

Advertising Planning ATS Marketing 258

Retail Gazette

MAY 20, 2024

At the time, Morrisons said it intended to use the cash proceeds of £1.8bn to strengthen its structure and help to repay some of its mounting debt pile. The debt-financing bill was 23% higher than the £593m incurred in 2022. To reduce its debt, it has now started a process involving multiple tender offers to a number of debt investors.

Planning 117

Planning Payment Services Supermarket Grocer 117

Retail Gazette

APRIL 9, 2024

Home Bargains owner TJ Morris has posted a rise in sales and profit as it pushes ahead with its expansion plan. from £3.4bn to £3.7bn in the year to 30 June 30, according to accounts filed with Companies House. during the period, up from £293m in 2022 to £332m. The Liverpool-based discounter saw its turnover jump 10.2%

Planning 113

Planning Accounting Shopping ATS 113

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. Set up a retirement plan.

Payment Services 137

Payment Services Planning Accounting Returns 137

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.

Finance 182

Finance Outdoor Consumer Accounting 182

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.

Planning 244

Planning Fulfillment Accounting Marketing 244

Retail TouchPoints

MARCH 28, 2022

At the end of February 2022, the company made a significant mark on the Big Apple, opening a 7,974-square-foot flagship in SoHo. MINISO is taking their preferences into account and offering products in more diverse forms and categories to cater to their needs.” RTP: What are MINISO’s brick-and-mortar goals for 2022?

Planning 200

Planning Consumer Marketing Accounting 200

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

Accounting 246

Accounting Planning ATS Supermarket 246

Retail TouchPoints

MARCH 23, 2022

Nike is pushing forward with its digitally focused direct-to-consumer strategy following a strong Q3, with plans to build “the marketplace of the future” and bring standalone Jordan stores to North America. 28, 2022, led by 15% growth in sales across the company’s owned digital and physical operations, referred to as Nike DIRECT.

Planning 241

Planning Wholesale Sporting Goods Accounting 241

Retail TouchPoints

JULY 27, 2022

Dollar General is planning to build three 1 million-square-foot distribution centers in an approximately $480 million combined investment to support the growing DG Private Fleet presence. At full capacity, the facilities, to be located in North Little Rock, Ark.; Aurora, Colo.; and Salem, Ore., will create up to 1,100 jobs.

Checkout 298

Checkout Kiosk Planning Accounting 298

Inside Retail

JUNE 25, 2023

After formally filing a request for the retail store in 2016, the global tech giant wanted to open the facility in 2020 but postponed the plans due to Covid-19 disruption. Furthermore, Apple is reportedly planning to open three additional stores in the coming years to strengthen its offline presence in India.

Planning 130

Planning Payment Services Marketing Consumer 130

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. O’Sullivan said at the time that the 0.5% We feel good about the merchandising and operational plans that we have developed for this smaller prototype.

Planning 217

Planning Location Store Operations Accounting 217

Small Biz Trends

APRIL 27, 2022

Small businesses need to offer a retirement savings plan for employees in order to stay competitive in today’s tight labor market. The federal government estimates that only a little more than half (53%) of businesses with less than 100 employees have a retirement plan for their workers. State-mandated retirement plans.

Planning 98

Planning Accounting Marketing ATS 98

Retail TouchPoints

JUNE 8, 2023

Sprouts currently operates more than 380 stores in 23 states and is looking to expand, with plans for new store growth of 10% annually beginning in 2024. Alongside that footprint reduction, Sprouts also plans to continue to invest in energy-efficient technologies to reduce its electricity usage in stores and distribution centers.

Accounting 231

Accounting Planning Marketing ATS 231

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.

Payment Services 303

Payment Services Promotions Consumer Inventory Management 303

Retail TouchPoints

JULY 14, 2023

billion in 2022 as well as the previous high of $37.1 billion , with the top products planned for purchase including laptops ( 51% ), tablets ( 36% ) and calculators ( 29% ). Opportunities still remain for retailers to capture the remaining spend, as 85% of families still have at least half of their shopping left to do.

Discount Store 193

Discount Store Department Stores Planning Accessories 193

Retail TouchPoints

JANUARY 12, 2023

Mattress Firm has withdrawn its plans for an IPO this year, according to documents filed with the SEC. After going private in 2016, the chain hit a few bumps in the road, including an accounting scandal that saw the resignation of the current CEO.

Marketing 261

Marketing Accounting Planning Returns 261

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. Create a Formal Business Plan. Your craft business plan should detail everything from what you will sell to how you’ll reach customers.

Accounting 119

Accounting Shipping Wholesale Finance 119

Retail TouchPoints

JANUARY 24, 2023

EWS’ owners debated a plan to allow shoppers to use Zelle directly for online purchases last year, but decided not to move forward, WSJ previously reported. The new, as-yet-unnamed digital wallet will be launched with Visa and Mastercard debit and credit cards, with plans to add other card networks in the future.

Merchant Services 255

Merchant Services Payment Services Accounting Checkout 255

Inside Retail

APRIL 28, 2021

Woolworths Group has pulled the plug on plans to open a Dan Murphy’s store in Darwin after an independent panel ruled that the development should not go ahead. The Gilbert Review has made it clear that we did not do enough in this community to live up to the best practice engagement to which we hold ourselves accountable.

Planning 234

Planning Supermarket Consumer Shopping 234

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. million people , 69% of those planning to shop across Thanksgiving weekend, heading out for deals.

Shopping 238

Shopping Department Stores Planning Accounting 238

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.

Accounting 194

Accounting Planning ATS Store Operations 194

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.

Payment Services 230

Payment Services Shopping Accounting Checkout 230

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.

Advertising 193

Advertising Planning Accounting Customer Experience 193

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.

Accounting 215

Accounting Planning Management Shopping 215

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.

Merchant Services 275

Merchant Services Payment Services Accounting Checkout 275

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.

Shipping 147

Shipping Checkout Merchant Services Customer Experience 147

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. His appointment reflects our succession planning process and the talent across our company.

Finance 231

Finance Promotions Accounting Returns 231

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!

Promotions 211

Promotions Finance Accounting Management 211

Retail TouchPoints

OCTOBER 18, 2022

Existing Honey cash back and discounts feature has reportedly saved consumers nearly $200 million in 2022. The PayPal Honey extension will remain in place with the new program, but Honey Gold rewards will become PayPal Rewards. PayPal Rewards makes it easy to find sales, discounts, and great deals when making a purchase with PayPal.”.

Merchant Services 211

Merchant Services Accounting Shopping Consumer 211

Inside Retail

MARCH 13, 2023

In what the national property agency CBRE described as a ‘flash survey’, 83 per cent of Australian respondents across a snapshot of the Asia Pacific region indicated expansion plans. The lift in sales followed a disappointing 4 per cent in December 2022 underpinning a 1.6 per cent with Melbourne at 9.2 per cent, Adelaide at 13.3

Returns 244

Returns Location Planning Accounting 244

Small Biz Trends

JUNE 8, 2022

The Atmos Green reusable grocery bag is made from 100% recycled cotton, and it comes in at 15 X 16 inches with a 27? The rubberized barrel offers a soft touch grip for extra comfort and is an ideal gift at conventions, trade shows, corporate events, and more. Coming in at 6.93 ounces and comes in at 7.5 long handle.

Promotions 136

Promotions Advertising Shipping Accounting 136

Retail TouchPoints

OCTOBER 5, 2023

Photo courtesy Adobe During the 2022 season, shoppers spent $211.7 And as seen in previous years holiday shopping will begin earlier than ever , with 49% of respondents in a recent Adobe survey saying that they plan to start this year’s holiday shopping in October. 34% in 2022), while electronics discounts are set to hit 30% (vs.

Apparel 212

Apparel Shopping Consumer Accounting 212

Retail TouchPoints

OCTOBER 12, 2022

Shoppers can link their accounts to earn one mile per $1 spent on eligible purchases at Starbucks as well as double Stars on eligible purchases at participating Starbucks stores on days when they have a flight scheduled with Delta. in July 2022 — even further.

Accounting 233

Accounting Planning Marketing ATS 233

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.

Accounting 116

Accounting Finance Planning Marketing 116

Cisco Retail

JUNE 11, 2022

Cisco Live 2022 is fast approaching and that means it’s time to prep! Whether you’re a Cisco Live veteran or a conference newbie, attending an event of this size can be hectic if you don’t have a plan. If you don’t have a plan, you end up with something like this: P lease. N… everything. Step 1: Set your intentions.

Planning 98

Planning Accounting ATS 98

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

Fashion 233

Fashion Accounting Planning Management 233