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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 Garnsworthy believes that 99 Bikes will return to opening five to six stores annually in the future. The company achieved an 82.6,

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Guarding the Retail Fortress: Cybersecurity Challenges and Network Interruption Risks

Retail TouchPoints

A network outage can mean lost sales in the short term, as shoppers simply move to another brand for that purchase, or losses in the long term if that customer does not return. The Evolving Threat Landscape Retailers increasingly rely on digital platforms for sales, inventory management and customer engagement.

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Amazon Return Pallets For Sale: How to Profit

Independent Retailer

A big trend among some online sellers is buying Amazon return pallets and overstock and flipping the items for big markups. What are Amazon Return Pallets? Why Would You Want Amazon Return Pallets? Where to Buy Pallets What is the best time to buy Amazon return pallets? What is the Process?

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How Wholesalers Can Jumpstart Expansion Efforts

Independent Retailer

While all of these new opportunities sound exciting, entering a new market unprepared can be a massive drain on resources with little to no return. Wholesale businesses need to make sure they are fully prepared to handle the process. Are You Prepared to Jumpstart Expansion Efforts? Retailers are seeking your company out.

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KMD Brands sales increase, momentum strong in January

Inside Retail

A trading update of unaudited accounts for the six months to January 31 reveals sales increased 34 per cent to $546 million with particularly positive trading in Australia. Rip Curl’s sales have risen 18 per cent led by strong direct-to-consumer sales along with maintaining wholesale sales levels.

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Sunnier Economic Outlooks Drive Peak Season

Retail TouchPoints

Meanwhile, consumers return to brick-and-mortar stores and seek omnichannel experiences. They invest in new storefronts and build strong wholesale relationships. Select and launch additional storage capacity, retail or wholesale distribution or ecommerce fulfillment in weeks instead of months. Reduce cost.

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Why DTC Brands are Evolving from Disruptors into Omnichannel Players

Retail TouchPoints

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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