Retail TouchPoints

NOVEMBER 25, 2024

Following an independent investigation and forensic analysis, Macy’s said it identified “a single employee with responsibility for small package delivery expense accounting” who had intentionally made erroneous accounting entries to hide approximately $132 to $154 million in delivery expenses from Q4 2021 to this current quarter.

Accounting 279

Accounting Location Promotions Management 279

Inside Retail

DECEMBER 11, 2024

Change requires empathy and understanding for individuals and teams to manage the emotional rollercoaster it can create. Five simple starts to help manage change Link purpose, vision and values. Empower and hold to account. The post How to manage change without burning out employees appeared first on Inside Retail Australia.

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Management Accounting Planning Customer Experience 130

Small Biz Trends

JULY 24, 2025

Effective purchasing and vendor management are crucial for achieving organizational goals and optimizing resources. Utilize performance monitoring techniques and vendor management software for continuous evaluation and risk mitigation. This approach can lead to potential savings of 12% through effective vendor management.

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Management Promotions Accounting Marketing 107

Independent Retailer

NOVEMBER 15, 2024

In this article, we’ll talk about retail management, what it is and why it’s important. This information will be useful to entrepreneurs and business managers who implement approaches aiming at streamline processes, improving customer service and reducing costs.

Management 105

Management Wholesale Visual Merchandising Promotions 105

Retail Minded

MARCH 20, 2025

Thus, it highlights the urgent need for strong risk management strategies. Effective risk management involves identifying these threats, implementing preventive measures, and staying ahead of emerging vulnerabilities. Learning about these threats is the first step in developing strong risk management strategies.

Merchant Services 94

Merchant Services Payment Services Management Shrinkage 94

Inside Retail

FEBRUARY 6, 2025

We get that running a business is a constant juggle, and managing cash flow can be tricky. Inventory management software or a simple forecasting system can be a valuable tool to manage this. FAQs on small business cash flow management What steps can I take to maintain a positive cash flow?

Finance 130

Finance Management Payment Services Inventory Management 130

Retail TouchPoints

NOVEMBER 14, 2024

As a result, the retail and consumer industries have become an attractive target for cybercriminals, with research revealing that in 2023, retail and wholesale accounted for 11% of cybersecurity incidents. In light of this, it’s critical that businesses strengthen their defenses.

Payment Services 277

Payment Services Consumer Management Point of Sale 277

Retail Focus

APRIL 15, 2025

Small company owners must practice effective financial management to successfully navigate the intricacies of cash flow and attain sustainable development. Tools like Albert.com offer comprehensive budgeting, saving, and investing solutions for personal financial management, helping individuals achieve their financial goals.

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Management Payment Services Finance Accounting 130

Retail TouchPoints

JANUARY 24, 2025

Adverse Event Reporting and Record-Keeping MoCRAs stringent adverse event reporting requirements place a new level of accountability on cosmetic brand owners. These requirements underscore MoCRA’s focus on transparency, aligning cosmetics with other FDA-regulated industries like pharmaceuticals and food.

Consumer 297

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Small Biz Trends

JUNE 20, 2025

Key Takeaways Streamlined Operations: Etsy Shop Manager simplifies order management and tracking, allowing sellers to fulfill orders efficiently and maintain high customer satisfaction. User-Friendly Dashboard: A centralized dashboard offers a quick overview of critical metrics, simplifying the management of inventory and sales.

Management 102

Management Shopping Jewelry Fulfillment 102

Retail Focus

MAY 31, 2025

Managing a team can become complicated when juggling numerous tasks, deadlines, and individual responsibilities. Task allocation and team coordination are the backbone of smooth operations, and management software offers practical solutions that streamline these processes. This dynamic approach saves time and optimizes resources.

Management 130

Management Accounting Returns Location 130

Retail Gazette

MARCH 4, 2025

Asda managers only found out about the supermarkets decision to scrap their annual bonuses when the news broke in the media, sources have told Retail Gazette. The supermarket giant has reportedly scrapped its bonus scheme for more than 10,000 managers due to underperformance, with the news first emerging in The Telegraph earlier this week.

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Management Supermarket Grocer Accounting 113

Retail TouchPoints

OCTOBER 18, 2024

In fact, 89% of consumers have complaints about keeping track of their passwords and 54% have stopped using an account or online service because they became frustrated when trying to log in. In fact, account fraud is only getting more brazen; attempted fraud transactions increased 92% and attempted fraud amounts jumped 146% year-over-year.

Accounting 305

Accounting Consumer Payment Services Planning 305

Retail TouchPoints

APRIL 4, 2025

Thats where journey management comes in. Retailers that take a journey management approach can bridge the gap between data and action, ensuring insights lead to real improvements in efficiency and customer experience and drive bottom-line results. What is Journey Management? Finally, many retailers operate in a siloed manner.

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Management Customer Experience Inventory Management Store Operations 147

Inside Retail

OCTOBER 22, 2024

Inside Retail spoke to Fenske to unpack her view on managers versus leaders, how her leadership style has evolved with time and experience and why she continues to reinvest in her professional development. IR : Being a manager and a leader are two entirely different roles. With a good balance of candor and accountability.

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Supermarket Accounting Management Store Operations 246

Retail TouchPoints

NOVEMBER 28, 2024

Mobile-first consumers: With 91% of shoppers using a smartphone to make purchases, mobile commerce sales are expected to account for 62% of all retail sales by 2027. These payment methods simplify transactions by allowing consumers to store multiple cards or bank accounts in a single digital wallet, reducing the need for manual entry.

Merchant Services 298

Merchant Services Payment Services Shopping Checkout 298

Retail TouchPoints

FEBRUARY 20, 2025

During checkout, shoppers will see an option to log in to their Amazon account and verify their Prime membership. Post-purchase, Prime members also can view, manage and track their Buy with Prime orders from their Amazon account on Amazon.com or their Adidas order confirmation email.

Checkout 216

Checkout Fulfillment Accounting Returns 216

Small Biz Trends

JULY 22, 2025

Streamlining retail workflow and inventory management is essential for enhancing efficiency and profitability. Diversify suppliers to mitigate supply chain risks and negotiate better terms for improved inventory management and cost efficiency.

Inventory Management 76

Inventory Management Management Inventory Turnover Shrinkage 76

Small Biz Trends

JULY 24, 2025

Effective inventory management is essential for any business that aims to thrive. Key Takeaways Implement ABC analysis to prioritize inventory, focusing on top revenue-generating items for efficient management. Utilize inventory management software for real-time tracking and automated alerts, preventing stockouts and excess inventory.

Inventory Management 69

Inventory Management Management Inventory Turnover Shrinkage 69

Retail TouchPoints

NOVEMBER 13, 2024

Importance of Effective Communication in Retail Security With the increased prevalence of retail crime, the ability to communicate in tandem among security personnel, management and law enforcement is essential. Retailers can use this accountability to improve response tactics and planning.

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Small Biz Trends

JULY 16, 2025

When managing inventory , the right software can greatly streamline your processes and improve efficiency. You’ll want to take into account options like Syspro and Zoho Inventory , each designed for different business sizes and needs.

Inventory Management 76

Inventory Management Management Accounting Location 76

Retail TouchPoints

FEBRUARY 6, 2025

In the words of Paula Mitchell, Digital General Manager, We wanted consumers to think of Freedom not as your mums brand but as your best friends brand. One of the key strategic goals was increasing online sales, which had previously accounted for approximately 6% of all sales.

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Kiosk Fulfillment Customer Experience Planning 253

Small Biz Trends

JUNE 30, 2025

Understanding how to manage these deceptive critiques is crucial for maintaining your brand’s integrity and trustworthiness. Many fake reviews originate from accounts with no other activity, like a lack of reviews or a recent account creation date, which may indicate illegitimacy.

Management 71

Management Consumer Accounting Promotions 71

Small Biz Trends

JULY 23, 2025

When managing your retail store, choosing the right inventory software can greatly influence your efficiency and sales. Let’s explore the top seven programs that can optimize your retail management and improve your business performance. Comprehending these options will help streamline your operations. And Why Do You Need It?)

Management 69

Management Inventory Management Payment Services Shrinkage 69

Retail Gazette

JULY 9, 2025

Asda is overhauling its store management structure, which will see key leadership roles merged in an effort to simplify the business. The restructure will see the supermarket’s section manager and trading manager roles combined into a new simplified manager position, The Grocer reported.

Management 98

Management Grocer Supermarket ATS 98

Small Biz Trends

JULY 14, 2025

When managing inventory across multiple locations, selecting the right software can markedly improve your operational efficiency. For businesses focused on multi-location management , Fishbowl stands out, and Zoho Inventory provides budget-friendly options. Let’s explore these top contenders in detail.

Inventory Management 76

Inventory Management Location Management Fulfillment 76

Retail TouchPoints

OCTOBER 23, 2024

For retailers, 3P commerce provides the ability to offer an increased selection of products and helps reduce the risks of managing fulfillment — an issue we saw firsthand with recent supply chain disruptions,” said Lou Keyes, CEO of Rithum in comments shared with Retail TouchPoints.

Consumer 290

Consumer Fulfillment Management Accounting 290

Small Biz Trends

JULY 26, 2025

Effective stock and inventory management is crucial for maintaining operational efficiency and meeting customer demand. Key Takeaways Implement ABC analysis to prioritize inventory management, focusing on Class A items for maximum consumption value. Analyzing supplier performance guarantees you’re working with reliable partners.

Inventory Management 59

Inventory Management Management Accounting Promotions 59

Retail TouchPoints

MARCH 26, 2025

After several months spent deciding the fate of its struggling Family Dollar division, parent company Dollar Tree has sold the banner to Brigade Capital Management and Macellum Capital Management for $1.007 billion. Family Dollar results were accounted for as discontinued operations. jump in traffic and a 0.1%

Management 147

Management Accounting Location Planning 147

Retail TouchPoints

JANUARY 8, 2025

We need to account for customers with unique needs and establish stronger trust between robots and people to ensure these robotic helpers integrate seamlessly into retail environments. However, their effectiveness hinges on more than just advanced technology.

Shopping 179

Shopping Store Layout Inventory Management Customer Experience 179

Retail TouchPoints

DECEMBER 18, 2024

trillion in 2023, accounting for 22% of total retail sales , with projections suggesting an increase to $1.9 Strategies for Enhancing Compliance To effectively manage the rise of RDFs and whatever new and challenging requirements may be on the way, retailers need to adapt their compliance strategies. trillion by 2029.

Accounting 278

Accounting Point of Sale Consumer Planning 278

Retail TouchPoints

OCTOBER 11, 2024

Additionally, this reduces cloud costs and improves ad traction and purchases, while also taking privacy factors into account. This ensures that like items are not stored randomly across a warehouse and allows retailers to accurately manage inventory. Vision AI is Here to Stay But all vision AI is different.

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Advertising Drop-Shipping Checkout Supermarket 295

Retail TouchPoints

FEBRUARY 17, 2025

Manage Peak Seasons Better One of the most powerful aspects of voice picking technology is its flexibility to adapt to fluctuations in order volume and changes in product lines. To enhance the WMS, the company included a multi-modal voice-directed applications and a management console.

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Fulfillment Inventory Turnover Apparel Shipping 214