Retail TouchPoints

DECEMBER 4, 2023

This offer had valued Neiman Marcus at $3 billion , but the luxury retailer objected to the deal’s structure because a significant portion of the payout would not have been in cash, people familiar with the matter told WSJ.

Discount Store 266

Discount Store Department Stores Consumer ATS 266

Wiser

FEBRUARY 21, 2023

Two popular choices when forming your pricing strategies are rebates and discounts. What Is a Discount? A discount is a deduction in the cost of a product, usually to encourage customers to make a purchase sooner than they would have otherwise, or to buy more of a product at the discounted price. each or five for $6.

Payment Services 158

Payment Services Returns Promotions Marketing 158

Inside Retail

DECEMBER 4, 2022

Many of us brought forward our Christmas shopping to make the most of the discounts aplenty. That will go a small way towards preserving the remaining cash we have stashed in Aussie banks. In 2007, the cash rate was on an upward trajectory hitting an 11-year high of 6.75 As we all know, plans can change. per cent in November.

Planning 130

Planning Management Shopping Marketing 130

Retail TouchPoints

SEPTEMBER 1, 2022

The price hike could boost income for Walmart as shoppers look for bulk discounts to help offset inflation. We’re giving back $5 in Sam’s Cash to Club members and $10 in Sam’s Cash to Plus members shortly after renewal.”. The announcement followed a strong quarter for Sam’s Club, with comparable sales rising 9.5%

Apparel 275

Apparel Planning Store Operations ATS 275

Retail TouchPoints

OCTOBER 4, 2022

The company’s discounted Prime membership has received a new name — Prime Access — and allows those who qualify to register for the service at a monthly rate of $6.99 The company’s discounted Prime membership has received a new name — Prime Access — and allows those who qualify to register for the service at a monthly rate of $6.99

Payment Services 272

Payment Services Shipping Planning Consumer 272

Retail TouchPoints

AUGUST 4, 2023

They can bank them for conversion to &Rewards Cash, which is available for nearly any in-store or in-app purchase, or a per-gallon fuel discount at the pump. Within the app platform, the retailer’s &Rewards program has a new user interface that gives members the ability to choose how they want to redeem their points.

Location 216

Location Shopping Customer Experience ATS 216

Retail TouchPoints

OCTOBER 23, 2023

While discounts and deals will be core, the ailing department store chain is also prioritizing in-store merchandising and curation to improve the customer experience. To make finding the perfect gift even easier, Kohl’s has developed a new front-of-store experience, aptly called Gift Shop, that is curated for various holiday gifting needs.

Net Profit 252

Net Profit Department Stores Promotions Checkout 252

Inside Retail

OCTOBER 5, 2023

. “Australians have been spooked by the economic environment over the past 12 months but as things have stabilised we can see they’re taking the time to do their research and hunt for the best bargains before they part with their hard-earned cash,” said Matt Sek, VP of growth at Airwallex’s Australia and New Zealand.

Advertising 264

Advertising Accounting Returns Management 264

Inside Retail

JUNE 4, 2023

The takeover bid for discount fashion retail brand Best & Less Group (BLG) by BB Retail Capital has been accepted by sufficient shareholders to become unconditional. BB Retail Capital is a private investment firm owned by Australian businessmen Brett Blundy and Ray Itaoui who made an off-market cash offer of $1.89

Apparel 246

Apparel Fashion Marketing Discount Store 246

Retail TouchPoints

FEBRUARY 13, 2024

After years of decline, ContextLogic has sold its discount shopping app Wish for approximately $173 million in cash to Qoo10 , an ecommerce platform that operates localized online marketplaces throughout Asia. Qoo10 is headquartered in Singapore and operates marketplaces in Singapore, Indonesia, Malaysia, mainland China and Hong Kong.

Merchant Services 200

Merchant Services Operating Expenses Shopping Consumer 200

Retail Focus

DECEMBER 14, 2023

The role of cash flow forecasting in retail Cash flow forecasting, which retailers should prioritise, is when businesses use data to determine how much profits and expenses there may be in a given period where money can be invested and where it may need to be cut. After all, how and when was a dataset collected? What season were we in?

Payment Services 148

Payment Services Finance Promotions Management 148

Inside Retail

JANUARY 8, 2024

“The strong rise suggests that consumers held back on discretionary spending in October to take advantage of discounts in November. “This certainly contributed to November’s overall spending growth, especially considering the Reserve Bank of Australia’s decision to raise the cash rate on Melbourne Cup Day.”

Department Stores 264

Department Stores Accessories Promotions Consumer 264

Retail TouchPoints

JUNE 29, 2021

The new medication is priced to help customers save 58% to 75% off the cash price of branded analog insulin products. Offering discounted access to common medications is the retailer’s latest move to expand its presence in the healthcare market.

Management 234

Management Marketing Store Operations ATS 234

Inside Retail

OCTOBER 24, 2023

Remember those days when rivers of cash flowed down the Bourke Street Mall past Myer’s Christmas windows? Most retailers are already gearing up to be discounting well before Boxing Day rolls around. Turning what you have into cash will keep the wheels of the business turning.

Advertising 130

Advertising Planning Shopping Consumer 130

Retail TouchPoints

JULY 11, 2022

Additionally, Diamond Cart Shoppers who are within close range of a store’s location will get priority access to batches and exclusive early access to batches with the ability to accept batches before stores open.

Fulfillment 227

Fulfillment Location Shopping ATS 227

Retail Gazette

APRIL 11, 2024

The discount giant posted an 11% jump in group sales to £2.73bn (€3.2bn) on a constant currency basis for the six months to 31 March. Poundland owner Pepco Group warned the trading environment “remains challenging” as it reported a dip in like-for-likes following a tough comparative period last year.

Shopping 105

Shopping Marketing ATS 105

Inside Retail

MARCH 17, 2024

When McDonald’s first opened for business in the 1940s, its workers stood at physical counters, its burgers and fries were listed on paper menus, and its customers paid cash to its human cashiers. Rather, Wendy’s said, its CEO’s remarks referred to its plan to offer discounts to patrons during slow parts of the day.

Kiosk 130

Kiosk Payment Services Inventory Management Location 130

Retail TouchPoints

JUNE 29, 2022

With inflation top of mind for so many, loyalty can seem like a tough ask, but a clever, balanced approach to offering discounts and value can still help brands find a sweet spot. One such opportunity is Cash Back programs, popular with shoppers and brands alike. Brand names still talk ,but deals shout “Hey, over here!”

Consumer 212

Consumer Promotions Shopping Marketing 212

Retail TouchPoints

NOVEMBER 18, 2022

Those items can then be purchased on the same site by customers looking for Nobis quality (new outerwear from the brand typically sells at anywhere from $650 to $1,500 ) at a discounted price.

Payment Services 242

Payment Services Accounting Consumer Shopping 242

Retail Gazette

APRIL 26, 2024

Moonpig experienced its worst day of trading in three years as private equity backers cashed in significant stakes at a double-digit discount. The decision sent shares plunging resulting in what became the greetings card retailer’s worst day of trading as a listed company.

Marketing 59

Marketing ATS 59

Retail TouchPoints

MARCH 24, 2022

Discount and value retailers Schwarz Group (with its Lidl and Kaufland banners), Aldi and Costco also remained in the Top 10 this year, as did international supermarket operators Carrefour and Ahold Delhaize and furniture giant IKEA. Retailers in this channel have been replaced by cash-and-carry concepts in some markets.”.

Fulfillment 281

Fulfillment Department Stores Supermarket Returns 281

Retail Gazette

APRIL 7, 2024

Wilko was one of the biggest collapses of 2023, after ongoing cash struggles and high interest rates pushed it over the edge. She added that the National Living Wage increase and a “sharp rise” in business rates would place further pressure on businesses.

Accounting 101

Accounting Consumer 101

Retail TouchPoints

NOVEMBER 23, 2022

“To that end we will focus more on delivering great products, and less on promotions and discounts.”. Earlier in November 2022, the company sold its Gap Greater China (GGC) business to Shanghai’s Baozun, an ecommerce solutions provider, in a $40 million all-cash transaction.

Returns 276

Returns Promotions Management Consumer 276

Retail Minded

FEBRUARY 1, 2024

Oh, man, the cash flow struggle is too real for small retail shops. We’re talking about why countless boutiques get slammed by cash flow management blunders. It’s all about getting organized without coughing up extra cash for fancy software. But wait—what’s up with predicting the cash flow scene ?

Management 52

Management Dead-Stock Payment Services Boutique 52

Retail Gazette

JANUARY 9, 2024

Like-for-likes edged up 1.2%, despite being up against a tough comparison period last year, as total sales at the discount retailer hit £1.65bn over the 13 weeks to December 2023. B&M saw sales rise 5% over its third quarter, despite experiencing a slowdown in growth. UK sales increased 3.7% uptick in sales.

Planning 98

Planning ATS 98

Retail TouchPoints

AUGUST 4, 2023

billion in Q2 2022, while operating cash flow grew a staggering 74% , from $35.6 North America and International segments saw similar growth, with segment sales increasing 11% and 10% year over year, respectively. In addition, overall operating income swelled to $7.7 billion , compared to $3.3 billion to $61.8

Fulfillment 233

Fulfillment Advertising Fashion Consumer 233

Inside Retail

SEPTEMBER 26, 2021

Or, under the non-binding offer, shareholders can choose to cash out. Sigma owns and operates Amcal+, Discount Drug Stores, Guardian Pharmacies, PharmaSave, and Wholelife Pharmacy and Healthfoods. Sigma’s offer implies a value of $1.57 per API share, though would result in API shareholders receiving 35c and 2.05

Marketing 245

Marketing ATS 245

Retail TouchPoints

JANUARY 27, 2023

Couples can also create a custom wedding website with platform partner Blueprint Registry where they can can add gifts from any retailer, import existing registries and create a cash registry. Loyalty members that reach the 5,000 point “Sparkle Level” earn a free honeymoon or getaway experience.

Planning 284

Planning Management Shopping Marketing 284

Inside Retail

AUGUST 23, 2023

Discount retailer The Reject Shop has returned to profitability in FY23 as cash-strapped customers shop for lower-priced goods. Overall sales increased 5.8 per cent to $819.3 million with comparable stores sales growth up 4 per cent. Tax-paid profit grew 63.4 per cent to $10.3

Shopping 130

Shopping Returns Location Planning 130

Retail TouchPoints

JUNE 15, 2021

Target is promising hundreds of thousands of discounts across every category — still not quite in the range of Amazon’s projected 2 million deals. The retailer is planning discounts on hundreds of products both in stores and online across the home, toys, beauty and apparel categories, with new deals launching each day.

Apparel 292

Apparel Promotions Planning Fashion 292

Inside Retail

JANUARY 5, 2023

Sister Club turned 21 last year and Priceline Pharmacy GM Andrew Vidler says customers are attracted to it for more than just discounts. The 4000 points each customer wins is equivalent to about $50 in cash value. The 8 millionth member signed up at Brisbane’s Priceline Pharmacy Ashgrove. Priceline Pharmacy launches health insurance.

Shopping 130

Shopping ATS Marketing 130

Retail Gazette

MARCH 28, 2024

It is expected that any equity raise would be at “a very material discount” to the current share price, and be conditional on a de-listing of the company.

Fashion 111

Fashion Wholesale Finance Planning 111

Retail Gazette

AUGUST 15, 2023

The UK value, discount, variety stores and general merchandise retail channel is set to grow by 5% per year as more shoppers turn to value-focused retailers amid the cost-of-living crisis. ” GlobalData lead retail analyst Nick Gladding added: “Discount retailers are continuing to benefit from a clear thirst for value among consumers.

Finance 98

Finance Retail Trends Promotions Consumer 98

Retail Wire

AUGUST 22, 2022

Retailers are offering more sales promotions, selling smaller sizes and finding other ways to help cash-strapped consumers stretch their shopping dollars. Charley Family Shop N’ Save grocery stores in the Pittsburgh area are highlighting discounts on hand-cut steaks.

Promotions 100

Promotions Shopping Consumer ATS 100

Retail Wire

AUGUST 16, 2021

Walgreens has launched a cobranded credit card with Synchrony Financial that offers discounts on purchases used in the chain’s stores as well as for a variety of actives tied to wellness practices, such as doctor visits, health club fees, purchases of sporting goods and more.

Sporting Goods 100

Sporting Goods ATS 100

Wiser

NOVEMBER 16, 2023

It identifies and tracks the promotional strategies employed by competitors, including sales, discounts, and special offers. This data is used to justify requests for additional funding to support local discounts. For example, they observed a shift from deeper price discounts last year to cash-back-oriented promotions this year.

Promotions 148

Promotions Outdoor Payment Services Marketing 148

Mass Relators

MARCH 13, 2024

The Family Dollar discount chain said Wednesday that it will close around 1,000 stores. Decades-high inflation has hit shoppers hard, and a general consumer pullback has impacted Family Dollar customers and the chain’s profits, impairing its battle with discount competitors such as Dollar General, Walmart and others. “We

Consumer 52

Consumer Location Marketing ATS 52