Retail TouchPoints

MARCH 11, 2021

The company plans to gain market share and increase currency-neutral sales by an average of 8% to 10% annually between 2021 and 2025, through an aggressive expansion of Adidas’s already booming DTC business, including ecommerce; digitalization of its operations and stores; an expanded membership program; and an increased focus on sustainability.

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Planning Wholesale Sporting Goods Accounting 195

Independent Retailer

OCTOBER 28, 2022

When you first start your wholesale business, it can be tricky to find the right price to sell your merchandise. Wholesale Price vs. Retail Price. In order to establish the right prices for your products, it is important to understand the difference between wholesale and retail pricing. What is the wholesale price?

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Wholesale Retailing Pricing Planning Consumer 70

Retail TouchPoints

MARCH 29, 2021

Nike has reportedly closed its accounts with DSW , Urban Outfitters , Shoe Show , Dunham’s Sports , Olympia Sports and Big 5 Sporting Goods as the retailer pulls out of specialty retailers and department stores, according to Forbes and other media outlets. billion , accounting for 35% of gross sales, according to Forbes.

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Sporting Goods Wholesale Specialty Retailers Accounting 320

Retail Wire

JUNE 30, 2023

The athleticwear brand’s CFO Matt Friend, said Nike plans to continue promoting its direct-to-consumer business. Nike’s business with wholesale accounts fell to 56 percent in May, down from 70 percent four… Continue reading →

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Wholesale Accounting Promotions Planning 147

Independent Retailer

NOVEMBER 2, 2022

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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Wholesale Accounting Planning Management 52

Retail TouchPoints

FEBRUARY 27, 2024

Ensuring business continuity plans include appropriate responses to network outages, breaches and ransomware attacks. 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.

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Payment Services Wholesale Store Layout Inventory Management 256

Independent Retailer

NOVEMBER 30, 2022

Wholesale businesses need to make sure they are fully prepared to handle the process. You have a plan for growth. If you check all or most of these boxes, chances are your business can handle international expansion, and Wholesale Central is coming in hot with everything you need to prepare for this opportunity: .

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Wholesale Payment Services Target Market Marketing 75

Retail TouchPoints

AUGUST 2, 2023

As a result of the brand’s “maniacal focus” on its customers, Spector said that return customers now account for 30% to 40% of ThirdLove’s business, which as moderator Richard Kestenbaum of Triangle Capital pointed out, is the “holy grail” for a DTC business. said David Spector, Co-founder and Chairman of ThirdLove.

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Wholesale Drop-Shipping Marketing Accounting 236

Retail TouchPoints

MAY 18, 2023

Touchland’s rapid growth has inspired founder and CEO Andrea Lisbona to invest in a robust enterprise resource planning (ERP) system that supports scalable, data-driven expansion. Ulta launched Touchland in 1,300 stores in January 2020 — and its products sold out within two weeks.

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Planning Accounting Wholesale Consumer 256

Retail Gazette

MARCH 27, 2024

Subscribe to Retail Gazette for free Sign up here to g et the latest news straight into your inbox each morning Morrisons CEO Rami Baitiéh said: “In January I outlined our plan to reinvigorate, refresh and strengthen Morrisons as we started our next chapter.

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Grocer Payment Services Supermarket Wholesale 116

Rangeme

MARCH 12, 2024

Your goal is to keep the momentum going and establish a plan of action, asking for what you want to happen next. Provide your well-crafted sell sheets, price lists, and a thoughtful distribution plan, and share any introductory offers you’re promoting on the heels of the show. When should you hit their inbox?

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Planning Drop-Shipping Accounting Shipping 52

Retail TouchPoints

FEBRUARY 22, 2021

The mass store closures prompted by COVID-19 in spring 2020 could have spelled disaster for equestrian specialty brand Kerrits , which had operated as a wholesale-only business for over 25 years. Once the pandemic hit, our wholesalers had to close their stores, and we had to rethink our entire email plan,” said Florin.

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Wholesale Accounting Marketing Outdoor 241

Mass Relators

APRIL 20, 2021

BJ’s Wholesale Club Holdings Inc. Bob’s leadership, strategic vision and deep knowledge of the business have been pivotal in driving BJ’s Wholesale Club’s transformation and record growth across all key metrics,” BJ’s executive chairman Christopher Baldwin said. WESTBOROUGH, Mass. These changes are effective immediately.

Wholesale 52

Wholesale Finance Accounting Management 52

Inside Retail

OCTOBER 22, 2023

Costco Wholesale Corporation, the world’s third-largest retailer after Walmart and Amazon, has a wacky fiscal year that is out of sync with most retailers: Its FY23 ended 3 September and its annual report was released on 11 October. In Asia, member-based companies have in the past focused heavily or exclusively on wholesale customers.

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Wholesale Home Furnishings Merchandise Store Accounting 244

Inside Retail

APRIL 20, 2022

The company will also run some 250 wholesale accounts both locally and internationally. Brand Collective plans to expand the Shoe Warehouse network. “We The deal, effective April 26, will aggregate 26 brands and 15 character licences, operate in 300 retail locations across Australia and New Zealand and employ 3000 staff.

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Department Stores Wholesale Apparel Fashion 246

Retail TouchPoints

JULY 12, 2021

The Flipkart Group includes ecommerce marketplace Flipkart , digital fashion destination Myantra , Flipkart Wholesale , online travel company Cleartrip and a majority stake in the payments app PhonePe. Brick-and-mortar dominates the retail scene, with ecommerce projected to account for just 7% of sales this year, up from 3% in 2017.

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Wholesale Social Commerce Fashion Consumer 250

Retail TouchPoints

APRIL 10, 2023

As an organization, we’ve grown through the wholesale side,” said Van Dijk. Now we have a lot more owned-and-operated stores, and when you build a system to target mostly wholesale, that’s a whole different level of transactions than if you have your own stores.

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Jewelry Wholesale Consumer Point of Sale 237

Retail Gazette

DECEMBER 19, 2023

The partnership will initially roll-out to nearly 60 stores in December, with plans to expand to more than 640 sites in early 2024. The food delivery platform is also offering up to 50% off on selected essentials until 24th December across participating stores.

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Wholesale Accounting Planning 126

Inside Retail

DECEMBER 11, 2023

I’m an accountant by profession, but for most of my career, I have gone into businesses that are going through some restructuring – either acquiring or divesting businesses – I go in and embed myself into the business in some leadership capacity to help navigate through that.”

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Wholesale Fashion Apparel Accounting 261

Retail Gazette

APRIL 5, 2024

Best in convenience At the core of its growth plan is “leveraging what we have” and its food business is notching up growth. Hood cites Circana data that show the Co-op holds 14% of the UK convenience market – although he insists that when all of its channels are taken into account it services around 27% of that market.

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Wholesale Planning Marketing Accounting 102

Retail TouchPoints

JUNE 11, 2021

The retailer plans to continue operating its currently open stores and website as usual during the court-supervised process. The retailer plans to use this opportunity to “optimize its retail footprint, bolster the ecommerce platform and focus on strategic wholesale accounts.”. “We

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Jewelry Wholesale Accounting Planning 149

365 Retail

DECEMBER 19, 2023

The partnership will initially roll-out to almost 60 stores in December, with plans to expand to over 650 stores early next year. Just Eat has partnered with Morrisons, for on-demand delivery across its Morrisons Daily convenience stores.

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Wholesale Accounting Shopping Planning 111

Inside Retail

APRIL 4, 2024

New Zealand’s Foodstuffs has received its strongest indication yet that the nation’s competition regulator may block the planned merger of its North and South Island businesses. The value of those suppliers’ outside options would consequently be reduced.

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Wholesale Consumer Accounting Marketing 231

Inside Retail

AUGUST 16, 2022

Online sales grew 44 per cent to $601 million with click-and-collect accounting for 55 per cent of online sales — surging 73 per cent to $332 million. The business says wholesale sales in this channel grew 95 per cent since its products were expanded to 200 outlets of BCF and Rebel stores. per cent to $3.55 per cent to $1.21

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Supply Chain Management Net Profit Wholesale Apparel 246

Inside Retail

DECEMBER 19, 2021

Nude Lucy was established by Glue Store’s wholesale arm Trend Imports in 2010 – initially as a t-shirt brand. Over the past six years under Zibaee’s leadership, the brand has expanded into new product categories, such as linen shirts and pants, activewear and swim, and grown its wholesale presence. From t-shirts to a total offer.

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Fashion Wholesale Boutique Accounting 130

Inside Retail

AUGUST 31, 2023

Alternatively, the potential breakup could just be a case of prudent estate planning given Lew is now 78 years of age and one of Australia’s wealthiest individuals. The timing tends to infer that Murray was not keen on the breakup plan or didn’t see a suitable role for himself in the future.

Apparel 240

Apparel Department Stores Planning Wholesale 240

Inside Retail

AUGUST 3, 2023

Once I’d earned my stripes in the retail business, I moved into the corporate office and cut my teeth in sales, being trained up as the key account manager for a number of Globe brands in the Myer business. I successfully applied for a casual position in their famous Chapel Street store before following a pathway into store management.

Shopping 130

Shopping Accounting Wholesale Management 130

Inside Retail

OCTOBER 13, 2021

Selling your products wholesale to retailers enables you to enjoy larger order volumes, but there are downsides too – late payments and inefficient payments processes. In this article, we outline how your business can strengthen its cash flow and grow by providing more payment options to retail business customers.

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Payment Services Finance Customer Experience Wholesale 355

Inside Retail

MARCH 14, 2024

In 1999, the Italian eyewear conglomerate Luxottica acquired the firm with plans to expand its sunglasses line. When it came to the brand’s omnichannel approach, it first reestablished its bricks-and-mortar presence via a third-party wholesale retailer. Eventually, the brand made its way back to independence once it was acquired by B.

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Location Wholesale Consumer Planning 130

Retail TouchPoints

APRIL 16, 2024

Higher NRR indicates satisfied customers who are likely to spend more over time, opening doors for strategic initiatives like promotions, upselling and plan upgrades. Tracking EGR becomes a little more challenging for businesses that are reliant on wholesale channels. Croud acquired impakt Advisors in 2021.

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Promotions Consumer Checkout Wholesale 147

Inside Retail

DECEMBER 17, 2023

It formed a health division in 2022, consisting of 73 company-owned Priceline stores, 396 Priceline pharmacy franchise stores and 89 Clear Skincare clinics and is also a wholesale distributor of pharmaceutical goods. million, whilst the beauty-focused EAORON-branded skincare products accounted for $4.6 per cent, contributing $32.5

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Beauty and Health Health & Wellness Promotions Wholesale 258

Retail TouchPoints

APRIL 1, 2024

What that meant was that we were anti-customer; we were optimized around internal channel accounting and not what was in the best interest of the customer. RTP: Casper has its roots in DTC, but you’ve since expanded with your own stores and through wholesale. How do you view those channels? Megibow: Our stores do great.

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Wholesale Consumer Shipping Customer Experience 222

Retail TouchPoints

MAY 2, 2022

Consumers have started taking sustainability into account when deciding what to buy and where to buy it. One approach for smaller e-tailers lies in investing in demand planning tools to better understand customer needs and reduce waste. One such demand planning tool is Greenchain , a B2B platform for food wholesalers.

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Drop-Shipping Returns Supply Chain Management Shipping 324

Inside Retail

APRIL 18, 2023

We didn’t plan on opening an office, but our first US team member has been here for almost two years. IR: Do you have plans to open other stores in the US, and if so, what other locations are you considering? JD: We don’t have any concrete plans yet, but we will. How has that been going?

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Wholesale Planning Location Marketing 243

Retail TouchPoints

SEPTEMBER 21, 2020

Together, these retailers discussed the state of retail through COVID-19 and offered first-hand accounts of how retailers adapted their businesses. According to the panelists, COVID-19 has had a positive impact for some businesses, accelerating expansions that were already planned or encouraging a diversified income stream.

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Accounting Wholesale Fulfillment Planning 262

DMS Retail

AUGUST 24, 2021

The retailer in this story is a well known ice cream and chocolate company that was once owned by a huge international company who sold ice cream and confections, and more, to wholesalers and distributors. Too expensive…even with the advertising benefit taken into account. Cut, cut, cut and future business be damned.

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Planning Advertising Wholesale Management 59

Retail Bound

JULY 27, 2021

Selling B2B on Amazon through Amazon Business allows Businesses with an Amazon Business Account to sell and purchase products, both one-off and in bulk with various discounts on Amazons’ marketplace. So, what does a business account for Amazon mean for you? There are 2 programs involved in Amazon B2B for Amazon Business.

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Accounting Wholesale Payment Services Location 98