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Balancing Customer Loyalty in an Age of Growing Business Costs

Retail TouchPoints

By itself, living paycheck to paycheck with a couple of kids, a mortgage and a car payment or two is no small task. Customers expect that before a price increases, a thorough process has been undertaken to make sure the increase was needed. Being thoughtful in how this problem is fixed should be at the core of how we respond.

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Why growth is slowing at e-commerce giant Shopee

Inside Retail

It was a masterful demonstration of rapid systems and logistics development, and a good diplomatic effort, too, in the sense of co-ordinating with governments and marketplace partners to operate efficiently during all the lockdowns. But Sea’s other business units are acting as a drag on the top and bottom line.

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Bad debt blowout fuels massive Afterpay loss

Inside Retail

The company’s operating expenses – in particular its bad debts – ballooned out from $72.1 million at the end of the first half, December 31. Other rising expenses included a higher commitment to marketing the brand. million as more and more of its instant-loan clients failed to pay their debts. .

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5 Things to Consider Befaore Creating a Business Entity

Small Biz Trends

Various aspects affect the operations of a business depending on its type — from taxation, liability for debts, and obligations of the owners. There are also municipal, national, and individual taxes depending on the size, state, and structure of your business operations. Administration and operation.

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What is a Cash Flow Statement?

Small Biz Trends

These financial statements break down into financing, investing, and operating activities. Businesses that experience negative cash flow might be waiting on payments. Offering early payment discounts can foster a positive cash flow. Understanding the cash flow can help your company decide how to fit these payments in.

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Have Temu and Shein Thwarted Wish’s Hopes of a Comeback?

Retail TouchPoints

And Wish, which held that top spot back in 2018, has now dropped out of the top 50 completely after having fallen to #35 as of last March. There are other troublesome indicators for the company: Q2 saw declines across the board at Wish. Here’s a look at some of those initiatives and where Wish is focusing next: 1.

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Extended COVID-19 Crisis Could Force Tailored Brands Into Bankruptcy

Retail TouchPoints

“If the effects of the COVID-19 pandemic are protracted and we are unable to increase liquidity and/or effectively address our debt position, we may be forced to scale back or terminate operations and/or seek protection under applicable bankruptcy laws,” said Tailored Brands in the filing. operational as of June 5.