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Casper CEO’s Roadmap to Profitability: Control Costs, Expand Wholesale and Cater to Customers

Retail TouchPoints

But after a lackluster IPO in 2020 , the company retreated from the public market just two years later when it was acquired by private equity firm Durational Capital Management in 2022. When I joined, our stores and our online business were managed as completely disparate channels, as if it was a different customer.

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How 99 Bikes plans to return to profit with an electric-powered push

Inside Retail

Electric shock to profits The popularity of electric bikes and scooters has been a key driver of revenue for the business recently, with electric bikes accounting for 99 Bike’s biggest growth category. “We I started as general manager of Advance Traders in October 2008,” Garnsworthy added. The company achieved an 82.6,

Returns 130
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How Aussie footwear brand Alias Mae stays on trend in a fast-moving market

Inside Retail

Drawing on his family background in footwear, and his own experience in the industry, having started working in Chinese footwear manufacturing in 2011, he launched Alias Mae as a wholesale business. Inside Retail: As the general manager of Alias Mae, what is your vision for the brand’s future growth and development?

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Leveraging Accounting to Boost Profits

Independent Retailer

Succeeding in business is not only about a great idea and the right product — it is also ultimately about making money, and making money means managing the books. Too often, independent retailers miss opportunities to increase their profits and streamline their operations because they are not taking a close enough look at accounting. .

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Guarding the Retail Fortress: Cybersecurity Challenges and Network Interruption Risks

Retail TouchPoints

The Evolving Threat Landscape Retailers increasingly rely on digital platforms for sales, inventory management and customer engagement. Ensuring business continuity plans include appropriate responses to network outages, breaches and ransomware attacks. She has worked with several global companies focusing on risk management strategy.

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6 Steps for Wholesalers to Reduce Cyberattacks

Independent Retailer

While cyber breaches in the retail industry tend to grab headlines, the wholesale industry is not immune to the threat. In fact, according to the 2022 Travelers Risk Index , almost one-in-four (24%) wholesale companies have been victims of a data breach or cyber event. Wholesale Industry Lacking in Cyber Protection.

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Open to Buy Retail Planning Done Right

Retalon

If you have ever planned a family budget, you will easily understand Open to Buy (OTB). There are two types of families in household budget planning: those who operate on a tight budget, where planning is essential, and those for whom purchasing what they like at the moment is a priority, with budgeting taking a back seat.