Inside Retail

JANUARY 24, 2023

Trans-Tasman apparel retailer Mosaic Brands is set to open 130 new stores as customers return to in-store shopping. According to unaudited accounts for the half year to January 1, sales grew 23 per cent driven by strong trading momentum and a higher average transaction value.

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Planning Returns Apparel Accounting 246

Retail TouchPoints

JANUARY 12, 2024

The purchase amount is automatically deducted from the employee’s payroll account, a major benefit for doctors, nurses and other staff people who often don’t carry wallets or purses while they’re working. Employees can look up receipts and account balances in the hospital’s badge pay web portal or mobile app.

Payment Services 236

Payment Services Accounting Checkout Apparel 236

Independent Retailer

OCTOBER 26, 2021

Atlanta Apparel, which ran October 12 – 16 at AmericasMart Atlanta , wrapped up its last market of 2021 with pre-pandemic buyer attendance and its largest-ever number of resources, marked by a successful first-time expansion of temporary exhibits to five floors as well as growth across all sectors of the market. Increased Traffic.

Apparel 78

Apparel Boutique Accounting Outdoor 78

Retail TouchPoints

MARCH 29, 2023

The Kohl’s Marketplace already features thousands of products in categories including apparel , fitness , wellness , toys and home. Kohl’s Marketplace items also are eligible for in-store returns at any Kohl’s location.

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Sporting Goods Apparel Accessories Advertising 243

Retail TouchPoints

OCTOBER 11, 2022

increase last year, much of which was due to more shoppers returning to stores. from 2021 and accounting for 16.3% Apparel also will be an important category, bringing in $40.7 Adobe also expects more of this spending to come earlier in the season due to early shopping holidays such as the second Amazon Prime Day.

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Apparel Returns Promotions Accounting 261

Retail TouchPoints

FEBRUARY 23, 2021

Digital accounted for 44% of net sales in Q4 2020, and the retailer also highlighted the fact that 25% of its digital sales were fulfilled from its brick-and-mortar stores via curbside pickup and same-day delivery. “The Additionally, the cost controls we committed to in February were key in helping us weather the pandemic.

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Department Stores Returns Jewelry Apparel 211

Retail TouchPoints

MAY 16, 2024

When you look at off-price apparel, there are the major retailers that do it at the brick-and-mortar level — the TJ Maxxes, the Rosses, the Marshalls of the world. The full revival of Overstock.com is expected to be a gradual process. But when you go to the online sector, there really isn’t anybody playing in that space ,” said Lemonis.

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Planning Returns Apparel Fashion 232

VMS

JANUARY 25, 2022

Retailers expect more than $761 billion in merchandise sold last year to be returned by consumers, according to a report released today by the National Retail Federation and Appriss Retail. This accounts for an average of 16.6 The 2021 total rate of returns (16.6 to return fraud. percent), apparel (12.2

Returns 52

Returns Loss Prevention Payment Services Visual Merchandising 52

VMS

JANUARY 25, 2022

(PRESS RELEASE) Retailers expect more than $761 billion in merchandise sold last year to be returned by consumers, according to a report released today by the National Retail Federation and Appriss Retail. This accounts for an average of 16.6 The 2021 total rate of returns (16.6 to return fraud. percent), apparel (12.2

Returns 52

Returns Visual Merchandising Accounting Apparel 52

Retail TouchPoints

MARCH 26, 2021

The move, which will include products sold both in-store and online, is part of an effort to rebuild JCPenney in 2021 as the basis for returning to solid growth in 2022. Other parts of JCPenney’s turnaround plan include putting a greater emphasis on private label in the apparel and home categories and scaling back contracts with vendors.

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Apparel Accounting Returns Planning 288

Mass Relators

JANUARY 25, 2022

But a report released Tuesday by the National Retail Federation and Appriss Retail found that retailers expect more than $761 billion worth of the merchandise they sold last year to come back to their stores as returns. The 2021 total rate of returns (16.6%) is up from 10.6% to return fraud. to return fraud.

Returns 52

Returns Apparel Accounting Consumer 52

Inside Retail

MARCH 13, 2023

Anrealage, a Japanese fashion brand, gained attention at Paris Fashion Week after displaying a colour-changing collection of apparel that was activated by suspended moving UV lights. When these clothes are no longer exposed to UV radiation, they return to their natural colours in about three minutes.

Fashion 130

Fashion Apparel Accounting Returns 130

Retail TouchPoints

OCTOBER 23, 2020

plans to shrink its store footprint by 350 locations as the retailer works to return to profitable growth in 2021, according to CNBC. Longer-term, the company plans to reconfigure its operations so that 80% of revenue comes from ecommerce and off-mall locations by January 2024. Ecommerce was a bright spot overall for Gap: sales were up 95%.

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Returns Apparel Planning Accounting 179

Retail TouchPoints

FEBRUARY 9, 2023

These models can be optimized for multiple objectives like driving more revenue per order, increasing long-term satisfaction, compelling the user to return more often to the website, incentivizing the customer to sign up for subscriptions or premium services and more. This can help reduce friction and encourage users to make a purchase.

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Merchant Services Accounting Shipping Returns 239

Inside Retail

NOVEMBER 2, 2023

The Germany, Austria, and Switzerland region, which accounts for nearly half of Zalando’s sales, was the worst-performing, with revenue down 5.6 Apparel was one of the weakest segments for online retailers in Germany in the third quarter, according to ecommerce industry association BEVH. per cent over the quarter.

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Boutique Accessories Apparel Fashion 130

Retail TouchPoints

MAY 17, 2021

But now that the boom has plateaued, the industry is grappling with the challenges of maintaining ecommerce efforts that are proving to be significantly more expensive than physical retail due to fulfillment, delivery, increased return rates and other factors. Cutting Return Rates. Operating More Efficiently.

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Shopping Returns Apparel Consumer 166

Inside Retail

JULY 24, 2022

Footwear retailer Accent Group has reported strong delivery volume of new products is returning, however subdued sales volumes in May and June were below expectations. That figure takes into account $7.6 Pivot sells a branded range of apparel, footwear and accessories across sports, training and lifestyle categories.

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Accessories Apparel Accounting Returns 130

Retail TouchPoints

MARCH 1, 2024

Women’s intimates and apparel retailer Natori has shown that using artificial intelligence (AI) can supercharge retailers’ retargeting efforts. We also get end-to-end accountability in the supply chain.” Natori also sells via wholesale channels, to luxury retailers such as Neiman Marcus and Bergdorf Goodman.

Department Stores 210

Department Stores Wholesale Finance Apparel 210

Retail TouchPoints

MARCH 10, 2021

Retailers with a strong omnichannel presence, like Target , are well-positioned for success in the coming year as traffic returns, but even mall-based companies in weaker positions, like Gap , show signs that they can leverage an online pivot to fuel a turnaround effort. Struggling Apparel Retailers See Hope Online.

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Fulfillment Drop-Shipping Apparel Shipping 252

Inside Retail

JANUARY 7, 2024

million fitness subscribers, accounting for almost half of the brand’s connected fitness subscriber base. In September 2023, Peloton and Lululemon joined forces, making Peloton the exclusive digital fitness content provider for Lululemon, while Lululemon became Peloton’s primary athletic apparel partner.

Apparel 130

Apparel Consumer Marketing Planning 130

Inside Retail

MAY 26, 2021

Abercrombie & Fitch reported a bigger-than-expected 61 per cent jump in first-quarter sales on Wednesday, as the apparel retailer benefited from shoppers returning to its stores and using its beefed-up online business.

Apparel 147

Apparel Accounting Returns Planning 147

Retail TouchPoints

SEPTEMBER 29, 2022

This year saw the proposal of the Fashion Sustainability and Social Accountability Act. Reselling goods, popularized in markets like electronics and sporting equipment, is increasingly gaining momentum in fashion and apparel — with companies like Patagonia leading the way. A Starting Point. Recommerce.

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Fast Fashion Fashion Markdowns Consumer 332

Inside Retail

JANUARY 30, 2024

Focusing on beauty and apparel Initially, the partnership will focus on the beauty and apparel segments. For example, in 2023, beauty and skincare products from France accounted for 58 per cent of all French goods ordered on JD’s cross-border e-commerce platform,” he pointed out.

Merchant Services 130

Merchant Services Inventory Turnover Inventory Management Supply Chain Management 130

Retail TouchPoints

SEPTEMBER 17, 2022

Apparel and beauty companies accounted for 80.1% of individual loans in 2021 saw at least some portion of the order returned, up from 12.2% of individual loans in 2021 saw at least some portion of the order returned, up from 12.2% The CFPB also found that BNPL usage has expanded to a wider range of retailers.

Consumer 215

Consumer Payment Services Apparel Accounting 215

Retail TouchPoints

JANUARY 26, 2021

With so much change happening so quickly and so unpredictably, we at Pitney Bowes decided that returning to an 8 th edition of our annual consumer research study wasn’t going to cut it, so instead we moved to a weekly poll of consumer sentiment in Q4 called BOXpoll. on average.

Consumer 311

Consumer Drop-Shipping Shipping Returns 311

Inside Retail

FEBRUARY 8, 2024

Items include consumer returns and cosmetically imperfect footwear that cannot be sold as new but have been cleaned as needed. Product cleaning, fulfillment, and warehousing are provided by Tersus Solutions, which operates an innovative waterless cleaning technology alongside a suite of textile reclamation solutions for apparel and footwear.

Fashion 130

Fashion Fulfillment Apparel Consumer 130

Inside Retail

DECEMBER 13, 2023

Shein accounted for nearly one-fifth of the global fast-fashion market in 2022, outpacing Zara and H&M. “The sooner a customer receives the garment, the less likely they are to return it. “The sooner a customer receives the garment, the less likely they are to return it.

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Fast Fashion Fashion Consumer Apparel 130

Inside Retail

FEBRUARY 21, 2024

Driven by robust demand for their low-priced apparel like $10 tops and $5 biker shorts, Shein alone accounts for one-fifth of the global fast-fashion market, measured by sales, and has fueled growth of China’s e-commerce industry, according to Coresight Research. TikTok Shop did not return messages seeking comment.

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Fast Fashion Shipping Fashion Accounting 130

Retail TouchPoints

JULY 30, 2020

The most notable shift between the 2019 back-to-school season and today is the strong consumer preference for technology over traditional items like apparel and even school supplies. The move from school supplies and apparel to hardware and computers wasn’t at all surprising to us,” Sides explained. Action Items For Retailers.

Merchant Services 250

Merchant Services Advertising Apparel Planning 250

Retail Gazette

APRIL 8, 2024

In fact, his business card carried the words “closest man to Ted” Following his sudden departure, Ted Baker’s good run came to an end as a string of profit warnings and accounting mishaps hit the brand along with a flurry of changes within its leadership team. “I don’t think the range moved on particularly.

Department Stores 105

Department Stores Fashion Returns Accounting 105

Retail TouchPoints

AUGUST 23, 2023

With more people returning to in-store shopping as the pandemic has eased, brands are leaning into the phygital trend by designing physical stores that reflect popular elements of the online experience. Consumers expect a seamless interaction with a brand when and where they want it.

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Drop-Shipping Visual Merchandising Consumer Apparel 194

Inside Retail

JANUARY 31, 2023

Late last year brought a symbolic event in the athletic footwear business in China: it was the return of the Shanghai Marathon, scratched in 2021, which attracted a record 18,000 runners and was won, both in the men’s and women’s divisions, by Chinese athletes. The Chinese market is hugely important to the company. In 2019, Nike sold US$6.2

Consumer 130

Consumer Apparel Fashion Outdoor 130

Retail TouchPoints

AUGUST 30, 2021

Retail rode strong into Q2 2021 as shoppers returned to stores even as digital sales remained elevated. I’m not an accountant, but stores are on the asset side of the balance sheet for a reason, and they need to be leveraged as much as possible to squeeze as much out of them as you can.”. Foot Locker managed solid 6.9%

Consumer 312

Consumer Fulfillment Department Stores Sporting Goods 312

Inside Retail

OCTOBER 6, 2021

Apparel, shoes and certain accessories can be rented, recycled and resold via the Circular Wardrobe. The customer goes through the checkout process as usual and on the confirmation page they have the option to view their AirRobe account which will show them the item that they have just bought as well as previously purchased items.

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Payment Services Fashion Accessories Checkout 246

Independent Retailer

FEBRUARY 24, 2022

Featuring an intimate collection of women’s and children’s apparel, footwear, and accessories brands and positioned in-between primary shopping seasons, MAGIC Nashville’s May timing is strategically placed to provide brick-and-mortar and online retailers the option to shop immediates and replenish inventory in advance of the next selling season.

Accessories 83

Accessories Fashion Apparel Returns 83

Inside Retail

OCTOBER 30, 2023

With the launch of SA1NT Layers, Former 2XU owner Aidan Clarke has gone back to his roots, with a renewed focus on performance and recovery sportswear apparel. Unfortunately, many garments claim compression but don’t have anywhere near the power and support to actually elevate blood return. We sought to armour the risk takers.

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Apparel Fast Fashion Planning Returns 264

Inside Retail

MARCH 26, 2023

Other brands mentioned include Dutch brand Mud Jeans, which has a rental scheme for return jeans, and Kitx’s ‘Kitxchange’ platform, which enables customers to buy or sell their pre-owned garments. One of the most responsible things we can do as apparel companies, or any product industry, is build durable things that last.

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Fast Fashion Fashion Consumer Returns 246