Retail TouchPoints

JUNE 28, 2022

The company had announced that it was exploring strategic alternatives for the UK-based businesses in January 2022 as it turned its attentions to “focusing our portfolio, optimizing our capital allocation and accelerating our transformation to healthcare.”.

Marketing 277

Marketing Finance ATS 277

Inside Retail

MARCH 28, 2022

The drive to e-commerce, covid relief legislation, months of forced store closures in major markets, and retailers closing their doors permanently throughout 2020-21, all contributed to heavy disruption in the retail leasing sector. . With recovery tempered heavily in 2022 by Omicron and flooding across NSW and Queensland. .

Finance 253

Finance Marketing Management 253

Retail TouchPoints

FEBRUARY 16, 2023

Glithero has led large finance functions at businesses including Auto Trader Group , Funding Circle Holdings and, most recently, as CFO of fellow British fashion retailer MatchesFashion. The company outlined its “Driving Change” transformation strategy in its October 2022 annual report. ASOS experienced a year of declining sales.

Finance 316

Finance Fashion Planning Marketing 316

Retail TouchPoints

MAY 18, 2023

SHEIN generated $23 billion in revenue and net profits of $800 million in 2022, people close to the company told WSJ. In 2022, SHEIN opened three new distribution centers, in Poland, Italy and the United Arab Emirates, bringing the total number of SHEIN “nearshoring bases” in EMEA to eight.

Planning 268

Planning Marketing Net Profit Finance 268

Inside Retail

MAY 12, 2022

Italian luxury shoe maker Tod’s sees analysts’ expectations for 2022 sales and profitability as achievable despite a marked slowdown in China due to widespread Covid-19 restrictions, its finance chief said. The analyst consensus is for 2022 sales of around 970 million euros and a 5 per cent EBIT margin.

Marketing Spend 130

Marketing Spend Finance Advertising Marketing 130

Retail Focus

MARCH 27, 2023

Non-physical marketing also limits some of the other key interactions D2C brands can have with their consumers, such as creating more impact around a ‘big news moment’, or having a physical platform to engage with your community plus the obvious brand building a physical store environment provides. 2 Pop-up location. 3 Optimal duration.

Marketing 245

Marketing Location Finance Consumer 245

Inside Retail

JANUARY 30, 2024

Tea has traditionally been marketed with images of classic sets of teapots and cups or cozy vignettes involving couches and knit cardigans. According to data collected by market research firm The Brainy Insights , the global tea market was valued at US$52 billion in 2022, and is expected to grow at a compound annual growth rate of 7.2

Marketing 130

Marketing Finance Apparel Fashion 130

Retail TouchPoints

OCTOBER 19, 2022

2, 2022, which will allow her to stay through the retailer’s Q3 2022 financial reporting. Over the course of her 33-year career, Bramman has worked in different areas of finance with companies including Henri Bendel and Victoria’s Secret when the brands were part of L Brands.

Finance 275

Finance Accounting Management ATS 275

Small Biz Trends

MAY 28, 2022

TECHSPO ATLANTA 2022 is a two-day event that will showcase the developers, brands, marketers, technology providers, designers, innovators, and evangelists of upcoming technologies. TECHSPO Atlanta 2022 Technology Expo (Internet ~ Mobile ~ AdTech ~ MarTech ~ SaaS). June 30, 2022, Atlanta, Georgia. Strategic Marketing 2022.

ATS 140

ATS Finance Marketing Returns 140

Retail TouchPoints

NOVEMBER 16, 2022

Meta also will highlight businesses from its Meta Business Leaders Network in the new 2022 Smalliday Showcase gift guide, and provide small businesses with advice on advertising effectively with its SMB Holiday Marketing Guide. The new Square-specific Amex credit card, which will be powered by i2c Inc. small business owners.

Merchant Services 276

Merchant Services Finance Advertising Marketing 276

Retail TouchPoints

AUGUST 25, 2022

Citing sources familiar with the matter, WSJ reported that the retailer has selected a lender following a marketing process conducted by JPMorgan Chase & Co. BB&B was exploring a sale in April 2022, but that now seems to be off the table. stake in the company.

Finance 306

Finance Shipping Planning Marketing 306

Inside Retail

JUNE 5, 2023

Thailand’s HomePro is strengthening its market leadership in the country’s DIY/home improvement industry in the first half of 2023. According to Statista Market Insights, the DIY and Hardware market was worth US$14.21 billion) in 2022, and this figure probably understates the true size of the pie. billion (A$21.5

Marketing 130

Marketing Net Profit Sporting Goods Outdoor 130

Small Biz Trends

OCTOBER 7, 2022

These were further compounded by constraints in supply chains and tight labor markets. in 2022 and drop to 2.2% Inflation Rate by Country – 2022. US Inflation in 2022. In 2022 the US economy contracted for two consecutive quarters after experiencing record inflation not seen since 1981. 1 Zimbabwe 280%.

Finance 116

Finance Consumer Marketing ATS 116

Retail TouchPoints

JUNE 7, 2022

The exclusive period was set to allow Franchise Group and its financing partners to finalize their due diligence and financing arrangements before the parties enter into a binding agreement. Franchise Group reportedly made a $9 billion bid in April 2022, people familiar with the matter told Reuters. share price as of June 6.

Home Furnishings 261

Home Furnishings Finance ATS Management 261

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. and net sales up 9% to $9.4

Promotions 261

Promotions Finance Accounting Management 261

Small Biz Trends

OCTOBER 22, 2022

If you are a small business owner or will be in the future, Small Business Expo 2022 is the best place to be to learn from industry experts, meet vendors and suppliers, as well as network with other entrepreneurs in your industry and other segments. Houston Small Business Expo 2022. November 15, 2022, Houston, United States.

Finance 75

Finance Management Marketing 75

Retail TouchPoints

DECEMBER 22, 2022

Under Armour has appointed Marriott International President Stephanie Linnartz as its President, CEO and member of its board of directors following a search that began in May 2022. 27, 2023, succeeding Patrik Frisk, the former President, CEO and member of the board of directors who stepped away from the role in June 2022.

Finance 288

Finance Customer Experience Consumer Marketing 288

Retail TouchPoints

FEBRUARY 15, 2023

million of debtor-in-possession financing to support ongoing operations during the proceedings. The restructuring process will enable Tuesday Morning to optimize its store footprint and focus on its “core and heritage markets.” 1, 2022, compared to Q1 2022. in Q1 2023, which ended Oct.

Finance 273

Finance Marketing Management Store Operations 273

Retail TouchPoints

NOVEMBER 3, 2023

spending forecast to climb 3%-4% over 2022, generating between $957.3 Overall household finances remain in good shape and will continue to support the consumer’s ability to spend.” billion spent in the 2022 holiday season. consumers spent online during holiday 2022. billion to $966.6 seen from 2010 to 2019. for the Nov.

Finance 264

Finance Accounting Consumer Promotions 264

365 Retail

MAY 25, 2022

Finding a solution that could fill a gap in the market, conducting market research, building the funding, and starting a business are goals that many aims to achieve. million small businesses in the UK in 2022. However, others might not have conducted market research, and a few could be due to finances.

Finance 52

Finance Payment Services Marketing Planning 52

Retail TouchPoints

DECEMBER 3, 2021

The outdoors retailer also has promoted Kelley Hall to EVP and CFO, and named Vivienne Long to SVP and Chief Marketing Officer. Hall joined REI in 2019 and currently leads strategy, sustainability and finance. Long also joined the company in 2019 to lead its marketing organization and membership work. Cameron Janes.

Outdoor 267

Outdoor Finance Promotions Marketing 267

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.

Finance 255

Finance Store Operations Apparel Accounting 255

Retail TouchPoints

APRIL 24, 2024

billion for FY 2022 to $4.7 The financing announced today gives us additional flexibility as we continue our focus on delivering extreme bargains and unmistakable value to our customers.” Big Lots had a difficult fiscal year 2023, which ended Feb. Net sales declined 13.6% , falling from $5.5 billion for FY 2023.

Finance 162

Finance Returns Management ATS 162

Retail TouchPoints

NOVEMBER 8, 2022

At the time of Berger’s September 2022 appointment as Director of Tuesday Morning, the company had received a $32 million investment from Retail Ecommerce Ventures (REV), parent company of Pier 1 Imports , Linens ‘n Things and Stein Mart , and Ayon Capital. and Director of Rocky Mountain Chocolate Factory, Inc.

Finance 289

Finance Marketing Management ATS 289

Retail TouchPoints

JULY 1, 2022

Six years later, Johnson might answer that question differently — his “commerce-at-home” startup Enjoy Technology filed for bankruptcy on June 29, 2022, after a series of setbacks including staffing shortages and dwindling liquidity. million bridge loan and a financing commitment of $55 million from tech services company A s urion.

Telecommunications 324

Telecommunications Finance Store Operations Consumer 324

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. There are also craft fairs, flea markets, and local retail shops that can sell handmade items. Create a Marketing Strategy.

Accounting 119

Accounting Shipping Wholesale Finance 119

Retail TouchPoints

FEBRUARY 9, 2024

Kering hasn’t made a formal announcement of its decision, but Jean-Marc Duplaix, the luxury giant’s Deputy CEO in charge of operations and finance, announced the news during the company’s recent earnings call, and Duplaix said in comments to WWD that Farfetch “is not a strategic partner for us.”

Department Stores 278

Department Stores Boutique Finance Fashion 278

Retail TouchPoints

AUGUST 18, 2022

Cohen — who is also the Chairman of GameStop and Founder of Chewy.com — first revealed his sizeable stake in the company in March 2022, when he sent a letter to then-CEO Mark Tritton expressing concern about the company’s performance and urging the sale of buybuy BABY , among other changes. Shares of Bed Bath & Beyond Inc.

ATS 275

ATS Finance Planning Marketing 275

Rangeme

MARCH 22, 2022

The market for your business’s products is genuinely global. Selling into a new market for the first time can be daunting, but if you have a business plan for executing your ambition, you won’t simply be making a leap of faith; rather, you’ll be following a carefully crafted strategy that fits your brand. Focus on market access.

Finance 52

Finance Shipping Planning Marketing 52

Retail TouchPoints

NOVEMBER 28, 2023

million in 2022, according to the NRF. million in 2022. Consumers surveyed by the NRF reported that, on average, 55% of their Thanksgiving weekend purchases were specifically driven by sales and promotions, up from 52% in 2022. One is the huge increase in purchases financed using buy now, pay later (BNPL) options.

Payment Services 264

Payment Services Promotions Finance Consumer 264

Retail TouchPoints

AUGUST 9, 2022

CFO Scott Roe, with 30 years of retail finance and operations experience under his belt, will take on the COO role in addition to his current responsibilities, effective immediately. 1, 2022 to ensure a seamless transition. Glaser will stay on until Oct.

Finance 276

Finance Accounting Management Consumer 276

Retail TouchPoints

AUGUST 31, 2022

27, 2022, has announced a combination of store closures and layoffs designed to reduce its SG&A (selling, general and administrative) expenses by $250 million in fiscal 2022. As of May 28, 2022, the retailer operated a total of 955 stores, including 769 Bed Bath & Beyond locations.

Customer Retention 288

Customer Retention Finance Fulfillment Planning 288

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. Deloitte found that 51% of lower-income earners and 38% of higher-income earners felt that their finances took a turn for the worse in 2022.

Payment Services 355

Payment Services Promotions Consumer Inventory Management 355

Retail TouchPoints

APRIL 24, 2023

Bed Bath & Beyond has filed for Chapter 11 bankruptcy protection and will implement an orderly wind-down of its businesses while “conducting a limited marketing process” to find one or more buyers for some or all of its assets.

Payment Services 275

Payment Services Finance Location Planning 275

Retail TouchPoints

NOVEMBER 3, 2021

Seun Sodipo will take the CFO job in February 2022. Sodipo most recently led Product Finance and Strategy at Stripe and will bring her expertise in payments to Glossier’s Accounting and Finance teams. She also will draw upon prior experience at roles in private equity firms to help the retailer continue scaling its business.

Finance 264

Finance Payment Services Accounting Returns 264

365 Retail

OCTOBER 18, 2023

The housing market does always fluctuate, but there are times when it is steadier than others. But what does this mean for the housing market? Economic factors Interest rates typically have a significant influence on the property market. Employment rates can also impact the property market.

Marketing 52

Marketing Finance ATS 52

A1 Retail

SEPTEMBER 24, 2021

. Hitachi Capital Consumer Finance, a division of Hitachi Capital (UK) PLC, has announced that it will be rebranding under the new trading style of NOVUNA Consumer Finance by April 2022, while Hitachi Personal Finance will become NOVUNA Personal Finance.

Finance 59

Finance Consumer Point of Sale Customer Experience 59