Retail TouchPoints

NOVEMBER 3, 2023

Overall household finances remain in good shape and will continue to support the consumer’s ability to spend.” 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. retail sales will climb 3.7%

Finance 261

Finance Accounting Consumer Promotions 261

365 Retail

APRIL 23, 2021

If you’re looking for ways to grow your business this year, then an accountant can be a great help. Managing all your finances yourself is not only incredibly stressful, but it also takes time away from moments where you could be focusing on other areas of the business. Running a small business often involves a lot of multitasking.

Accounting 88

Accounting Finance Returns Management 88

Retail TouchPoints

MAY 3, 2021

Roe will have responsibility for all finance functions and lead the retailer’s Strategy and Consumer Insights teams. for 25 years in positions including VP, Controller and Chief Accounting Officer; VP of Finance for the Jeanswear and Imagewear Coalitions; and CFO of the International Business. Tapestry has named Scott A.

Finance 264

Finance Apparel Accounting Promotions 264

Retail Minded

FEBRUARY 20, 2024

In this guide, we’ll explain why store credit credits are a great option for consumers. You’ll find special offers, rewards, and financing options whenever you shop at participating locations. Store credit cards and general-purpose credit cards each serve their own distinct role in the consumer finance landscape.

Consumer 52

Consumer Finance Payment Services Shipping 52

Retail Minded

JANUARY 18, 2024

As needs and the finance landscape evolved, credit and consumer spending became a formal deed. Many historical data show that higher interest rates can translate to much better returns on savings accounts. Finding a bright spot in the finance world is more like it–encouraging a shift towards a more savings mindset in people.

Consumer 52

Consumer Finance Returns Accounting 52

Retail TouchPoints

NOVEMBER 4, 2021

Despite having just officially begun, this holiday shopping season already is marked by supply chain disruption, persistent inflation and mixed consumer confidence. And just like last year, it looks like consumers will respond by turning to ecommerce. Shortages and Sticker Shock Heighten Holiday Stress.

Consumer 264

Consumer Merchant Services Payment Services Drop-Shipping 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. The company’s Strategy and Consumer Insights team, which formerly reported to Roe, will now fall under the purview of CEO Joanne Crevoiserat.

Finance 268

Finance Accounting Management Consumer 268

Retail TouchPoints

AUGUST 26, 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. Garratt joined Dollar General in 2014 as SVP of Finance and Strategy and has served as EVP and CFO since December 2015.

Promotions 251

Promotions Finance Accounting Management 251

VMS

DECEMBER 14, 2022

consumers finds that a growing number are cutting their holiday spending to account for inflation. Those results were contained in Jungle Scout’s Consumer Trends Report for the fourth quarter (October-December) of 2022. consumers get holiday gift ideas from social media. A recently completed survey of more than 1000 U.S.

Consumer 74

Consumer Finance Accounting Shopping 74

Retail Times

MARCH 14, 2024

is packed with various tools for consumers to regain control of their finances, and make their money go further. Features include cashback immediately landing in the user’s bank account […] If you want more information Retail Times get in touch! Cheddar 2.0

Consumer 40

Consumer Finance Accounting 40

Inside Retail

JANUARY 19, 2023

Recent years have seen rapidly evolving changes in all areas of consumer behaviour and there is little doubt it will continue in terms of the products and services that people want, who they want them from, and where and when they want to access them. Rather than talking about what we do when we’re out there, it’s about how it makes us feel.”

Consumer 130

Consumer Shopping Outdoor Fashion 130

Rangeme

FEBRUARY 8, 2022

If you’re like many small- and medium-sized businesses, allocating financial resources to cover set expenses, investments, and finance growth strategies is where creativity and resourcefulness are needed. Explaining Inventory Financing. What is inventory financing? Inventory Financing through Kickfurther.

Finance 52

Finance Payment Services Shipping Accounting 52

Retail TouchPoints

OCTOBER 21, 2022

McKinsey calls this embedded finance — when a financial product or solution is placed in a non-financial setting, for example on a social media platform or in a store (private label credit cards are one old-school example). Embedded finance has become big business: McKinsey estimated that the sector reached $20 billion in revenue in the U.S.

Merchant Services 327

Merchant Services Payment Services Checkout Finance 327

Retail TouchPoints

FEBRUARY 27, 2024

A cyberattack that compromises customer personal information can diminish the trust consumers place in a brand. Her team consists of over 50 brokers, service specialists and consultants focused on risk management and insurance for the retail, wholesale and distribution of consumer goods. Mary’s College of California.

Payment Services 268

Payment Services Wholesale Store Layout Inventory Management 268

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 344

Payment Services Promotions Consumer Inventory Management 344

Retail Smart Guys

OCTOBER 10, 2022

The months of October, November, and December are crunch time for most retailers, where consumers usually spend money for the Halloween, Black Friday, and Christmas seasons. Aside from that, you need to have enough finances to cover your utilities, rent, wages, and other aspects to run your business. Creating Future Plans.

Accounting 52

Accounting Finance Planning Consumer 52

Retail TouchPoints

APRIL 27, 2021

As the popularity of BNPL increases, it is important for consumers and merchants to weigh the benefits and the drawbacks of using/offering these payment options. BNPL services allow consumers to buy and take home their purchases on the spot, without having to wait until products are paid off to receive them. A survey by cardify.ai

Merchant Services 130

Merchant Services Payment Services Consumer Point of Sale 130

Retail TouchPoints

SEPTEMBER 15, 2022

All eligible associates will be able to contribute a portion of after-tax pay on a recurring basis directly from their paycheck to a personal savings account. consumers who have borrowed to finance the education necessary to unlock the best career opportunities,” said Scott Thompson, CEO of Tuition.io in a statement. “As

Finance 279

Finance Accounting Management Location 279

Rangeme

SEPTEMBER 9, 2021

When it comes to growing your consumer packaged goods brand quickly, raising cash to create product inventory for retail buyers to place purchase orders is a must. When Poop Like a Champion, a supplier on RangeMe, was looking for a finance service provider in RangeMe Services, they came across Kickfurther. First step?

Finance 52

Finance Payment Services Wholesale Consumer 52

Inside Retail

OCTOBER 13, 2021

Options such as buy now, pay later (BNPL) services were first introduced to business to consumer (B2C) transactions, giving customers the ability to access products and services they need today while paying at a later date or over a series of instalments. . Drive business growth and provide a positive customer experience.

Payment Services 355

Payment Services Finance Customer Experience Wholesale 355

Retail TouchPoints

MARCH 1, 2024

He compared the level of interest of a consumer who had simply seen a Natori ad on social media to one who had “gone to the website, added something to their bag and abandoned the cart. That’s much more useful [data] than the first consumer. We also get end-to-end accountability in the supply chain.”

Department Stores 232

Department Stores Wholesale Finance Apparel 232

Retail TouchPoints

NOVEMBER 4, 2020

Consumer preference for online shopping continues to rise, as more purchases are being made online than in stores with each passing year. Because of this ease, merchants have begun relying on POS financing to drive sales growth. Digital fraud can take many forms, with the most common being account takeover ( 29.8%

Merchant Services 317

Merchant Services Payment Services Accounting Jewelry 317

Retail Gazette

FEBRUARY 15, 2024

Prior to that she was the group CFO at Tesco’s customer data analytics company Dunnhumby after spending over 17 years at the grocery giant in it’s finance department. She is also a non-executive director and audit committee chair at drinks brand Fever-Tree.

Finance 95

Finance Accounting Consumer Department Stores 95

Retail TouchPoints

MARCH 31, 2023

In the same manner, the new service providers, the payment platforms, get worked up over Banking-as-a-Service and Embedded Finance, the latest industry buzzwords, without fully explaining the simplicity and value of the proposition. This allows the brand and consumer to engage on a far higher level than previously possible.

Payment Services 267

Payment Services Accounting Point of Sale Customer Experience 267

Retail TouchPoints

MARCH 3, 2021

Driven by the explosive growth of ecommerce and shifting consumer preferences, on-demand, also known as cloud manufacturing, is now poised to revolutionize the supply chain industry. As ecommerce redefines the customer experience, consumers increasingly expect and desire personalized products. annually.

Finance 187

Finance Apparel Accounting Consumer 187

Retail TouchPoints

DECEMBER 5, 2023

To understand the impact of this shift, it’s crucial to recognize the importance of Lunar New Year to Chinese consumers. Get culturally competent : Chinese shoppers are a world away from American consumers. Beyond the cultural and familial significance, the Lunar New Year is a prime time for shopping.

Marketing Spend 244

Marketing Spend Visual Merchandising Marketing Consumer 244

Retail TouchPoints

APRIL 12, 2022

In reality, only 9% of the plastic consumed ever gets recycled. Cervantes has assumed the CFO role from interim Co-CFOs Phil Moon and Janae De Crescenzo, who will continue with Grove in their positions as VP of Finance and Chief Accounting Officer respectively.

Finance 259

Finance Accounting Consumer ATS 259

A1 Retail

SEPTEMBER 27, 2023

Mollie reveals that economically ‘concerned’ consumers are relying more on social media, BNPL, and discounts when shopping online but expect to spend more in the next year Mollie , one of the fastest growing financial service providers in Europe, today unveiled findings from its second annual European Ecommerce Report.

Merchant Services 59

Merchant Services Consumer Payment Services Checkout 59

Retail TouchPoints

APRIL 10, 2024

Businesses across the spectrum have benefited hugely from the rise of the “ surveillance economy ” — the business of gathering and using data about consumer behavior for profit — but the impact to consumers is much less straightforward. But if that economy is based upon surveilling consumers, there’s an inherent betrayal.

Consumer 271

Consumer Finance Marketing Accounting 271

Retail Focus

DECEMBER 5, 2022

This session offered insights on the importance of educating consumers to better understand retailers’ value propositions—a recurring theme throughout the week. Attractive to younger generations, leisure can help to bring physical commerce back to consumers who strayed from it during COVID.

Finance 182

Finance Outdoor Consumer Accounting 182

Retail TouchPoints

JANUARY 11, 2022

But ongoing pressure from consumers, employees and even regulators has forced businesses — especially retailers — to reprioritize sustainability along with broader corporate social responsibility (CSR) strategies. Consumer Demands Accelerate Sustainability Priorities. of purchases.

Consumer 317

Consumer Merchant Services Fashion Accounting 317

Retail Focus

MARCH 6, 2024

Their method of recording and verifying transactions is secure, transparent, and decentralised, and it can be applied to different sectors such as finance, supply chain, and digital identity verification. The adoption of blockchain has a significant impact on both consumers and retailers. Benefits of Blockchain in Luxury Retail.

Inventory Management 147

Inventory Management Fashion Customer Experience Consumer 147

Inside Retail

JULY 6, 2021

Accordingly, brands spend significant time and money positioning themselves to create positive associations with consumers, whether that’s through communicating their purpose or engaging in worthy environmental or social partnerships. ASIC’s consumer research indicates 21 per cent of BNPL users missed a payment in the past 12 months.

Payment Services 246

Payment Services Finance Consumer Accounting 246

Retail TouchPoints

NOVEMBER 30, 2022

Black Friday was a very big day and this continues to be an incredibly important bellwether, reflecting both the consumer psyche as well as the strength of our economy.”. I think it’s turning out to be even bigger than we expected in terms of seeing enthusiasm across consumers and the shopping public.”. year-over-year.

Accounting 255

Accounting Promotions Outdoor Finance 255

Inside Retail

NOVEMBER 19, 2023

To overcome, brands are focusing on selling fewer, more valuable items, relying on the 5 per cent of luxury consumers who, according to HSBC analysts, account for more than 35 per cent of their sales in China. This week, Burberry also flagged low double-digit growth due to a slowdown in luxury spending globally, and in China.

Accounting 130

Accounting Finance Advertising Consumer 130

Retail TouchPoints

SEPTEMBER 28, 2022

Retail brands and consumers alike are feeling the pressure of inflation. In the first part of an exclusive four-part series developed in partnership with McKinsey , The Future of Retail Growth , we dig into the pressures impacting consumer behaviors and spending patterns. We recently published two reports that dig into this topic.

Consumer 162

Consumer Accounting Grocer Finance 162

Retail TouchPoints

JULY 9, 2021

What began as a trend to “go green” is now making real differences in profitability and the way consumers see brands. Department of Energy (DOE) reports that retail buildings account for the largest energy costs of any commercial sector in the country. Lighting accounts for 50% of energy costs for non-food retailers.

Management 264

Management Accounting Customer Experience Finance 264