Retail TouchPoints

NOVEMBER 3, 2020

Under Armour plans to overhaul its wholesale partnerships, exiting between 2,000 and 3,000 stores in North America, according to company executives on a recent earnings call. The brand expects to be in approximately 10,000 stores by the end of 2022 as it shifts its toward direct-to-consumer (DTC) channels. “I ”

Wholesale 290

Wholesale Apparel Promotions Planning 290

Retail TouchPoints

JUNE 2, 2022

“We are entering this next phase of growth with strong momentum, proven execution and a bold strategy to increase profitable top-line growth annually by 6% to 8% , growing our direct-to-consumer business to 55% of revenue and nearly doubling the women’s business.”. as well as plans to triple the ecommerce business. billion this year.

Planning 246

Planning Wholesale Location Marketing 246

Inside Retail

JUNE 12, 2023

Renowned Australian footwear business Munro Footwear Group (MFG) recently acquired the popular but beleaguered New Zealand kids’ footwear brand Bobux, as part of a plan to consolidate its presence in the children’s market. The long-term plan is still being finalised,” he said. The initial focus is on stabilisation.

Planning 244

Planning Wholesale Point of Sale Marketing 244

Retail TouchPoints

NOVEMBER 15, 2023

Starbucks Workers United , the union trying to organize Starbucks workers across the country, is planning a “Red Cup Rebellion” on Nov. 16, the retailer’s “Red Cup Day” — traditionally one of Starbucks’ busiest days of the season.

Planning 282

Planning Department Stores Wholesale Location 282

Retail Wire

JULY 19, 2023

In response, Allbirds implemented a four-part reorganization plan, including refocusing on its core consumers and adding more wholesale partners. Allbirds, the sustainable footwear brand known for its wool sneakers, has faced challenges after its successful IPO in 2021. It also released new products developed by.

Planning 100

Planning Consumer Wholesale 100

Retail TouchPoints

JULY 26, 2021

If you’re a wholesale retailer or brand owner and you haven’t already launched a direct-to-consumer sales channel, you’d better be thinking about it. The global pandemic not only accelerated the growth in ecommerce, it highlighted the shortcomings of wholesale-only sales channels. to visit your website. Fulfillment and Returns.

Wholesale 277

Wholesale Payment Services Fulfillment Returns 277

365 Retail

APRIL 4, 2024

Embracing an omnichannel approach which allows for a positive customer journey is increasingly being adopted by distributors and wholesalers, who are moving to utilise interim retail resource to create competitive advantage. Supply chain, demand planning and inventory are specialisms many retailers have mastered well.

Wholesale 59

Wholesale Merchant Services Net Profit Planning 59

Wiser

NOVEMBER 29, 2023

Understanding the difference between trade promotion and consumer promotion is crucial for any business seeking to maximize its market impact and sales potential. Trade promotions are directed toward the intermediaries involved in the distribution process, such as wholesalers, distributors, or retailers. What is Consumer Promotion?

Promotions 146

Promotions Consumer Wholesale Advertising 146

Retail TouchPoints

APRIL 26, 2024

The Bark product portfolio now includes toys, food, treats, dental kits and dental chews, and the brand is forging deep relationships with retailers like Target and PetSmart to bring this growing assortment to consumers. Consumers want what is best for their dog; it’s personal. It also means we go beyond the core function of a product.

Wholesale 242

Wholesale Consumer Marketing Advertising 242

Inside Retail

MARCH 14, 2024

Sustainable, direct-to-consumer fashion brand Allbirds promised to revolutionise the retail industry with stylish, comfortable, and environmentally-conscious footwear designs. This week, the company has announced that it will be making several major structural and operational shifts. million in 2022, or 56 per cent of total revenue.

Planning 130

Planning Wholesale Consumer Apparel 130

RETAIL MANAGEMENT SOFTWARE

MAY 15, 2023

Enterprise Resource Planning (ERP) software has revolutionized the way businesses operate. It has become an essential tool for managing complex business processes, especially in the wholesale distribution industry. However, implementing an ERP system can be challenging and time-consuming.

Wholesale 74

Wholesale Inventory Management Supply Chain Management Management 74

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?

Wholesale 70

Wholesale Retailing Pricing Planning Consumer 70

Retail TouchPoints

JANUARY 9, 2024

Metz has more than 25 years of experience leading consumer and durable goods companies. ” Despite less-than-stellar sales for its direct business, Solo Brands has been seeing a hearty boost in its wholesale division. .” 15, 2024, when Christopher Metz, who most recently served as CEO of Vista Outdoor Inc., will take over.

Outdoor 276

Outdoor Sporting Goods Wholesale Marketing Spend 276

Retail TouchPoints

DECEMBER 3, 2021

Consumers have changed, they are less willing to be dictated to, they are harder to predict and they’re moving faster — now more than ever we’re seeing merchants and planners and designers looking for ways to be more attuned, more regularly, with what their consumers want.”. Distribution is No Longer Destiny.

Consumer 264

Consumer Merchant Services Planning Marketing 264

Retail TouchPoints

FEBRUARY 26, 2024

history — anticompetitive and harmful to both consumers and workers. This supermarket mega merger comes as American consumers have seen the cost of groceries rise steadily over the past few years,” said Henry Liu, Director of the Bureau of Competition at the FTC in a statement.

Grocer 228

Grocer Supermarket Wholesale Consumer 228

Retail TouchPoints

MARCH 13, 2024

have established new partnership parameters amid Tempur Sealy’s planned acquisition of Mattress Firm. Tempur Sealy initially announced its plans to acquire Mattress Firm in May 2023 for $4 billion in a cash and stock transaction. Initially, Purple only planned to commit to the partnership for a two-month period.

Wholesale 238

Wholesale Planning Consumer Marketing 238

Inside Retail

APRIL 8, 2021

Dutch fashion retailer Scotch & Soda is accelerating its global expansion plans with a total of 15 new brick-and-mortar stores and 12 shop-in-shops opening worldwide over the next six months. IR: How are you planning to grow the brand in Asia Pacific?

Planning 246

Planning Wholesale Fashion Marketing 246

Inside Retail

MARCH 26, 2024

The retailer also expects to benefit from the trend of electric bikes, and it has two national expos this year to showcase the company’s fleet to consumers. This year, the group has closed three stores in New Zealand and in the highly competitive UK market, two closures are planned. The company achieved an 82.6,

Returns 130

Returns Planning Specialty Retailers Customer Experience 130

Retail TouchPoints

MARCH 11, 2021

Buoyed by a return to growth in Q4 2020, Adidas has unveiled a new growth strategy that will transform the company into a direct-to-consumer-led business with an emphasis on sustainability. The move is in line with similar shifts made by competitor Nike, which is ditching wholesale accounts and beefing up its digital and DTC business as well.

Planning 195

Planning Wholesale Sporting Goods Accounting 195

Retail TouchPoints

JULY 29, 2020

While the name Burton is almost synonymous with the snowboards the company began making in 1977, Burton has diversified over the years into new categories — including surfboards, apparel, goggles/optics and other sports gear — as well as expanding beyond manufacturing into direct-to-consumer (DTC) retail, both physical and digital.

Planning 269

Planning Wholesale Customer Experience Store Operations 269

Independent Retailer

DECEMBER 23, 2022

consumers have been pulling back on clothing and durable goods as soaring inflation raises the cost of food and basic items. Wholesale inventory bloat, combined with a softening demand in the economy, is taking its toll on cash flow and earnings at retailers. . This is not a bad option if you plan to keep a long-term relationship.

Inventory Management 76

Inventory Management Wholesale Management Markdowns 76

Independent Retailer

JULY 14, 2022

If you are looking to take the plunge into wholesale, here is everything you need to know in order to find the best merchandise to sell online: What is a Wholesale Business? First, you need to understand what it means to sell wholesale. This way retailers can mark up the price, selling it to consumers, and make a profit.

Wholesale 67

Wholesale Shipping Marketing Department Stores 67

Inside Retail

SEPTEMBER 5, 2022

Excitingly we’ve seen double-digit growth across our retail, wholesale and online channels.”. Seafolly has a strong presence in the UK through our wholesale partners, so it was an easy decision to launch our UK website to further strengthen our brand presence in the market,” Santamaria said.

Planning 130

Planning Department Stores Wholesale Shipping 130

Inside Retail

JUNE 20, 2021

Eschewing trends, the company has grown by expanding into complementary categories, such as homewares and kids’ clothing, and diversifying its business model across wholesale, direct-to-consumer and licensing. They’re at the mercy of their wholesale and licencing customers.”. But in recent years, Ralph Lauren has struggled.

Consumer 231

Consumer Wholesale Fashion Marketing 231

Inside Retail

NOVEMBER 4, 2021

Buy now pay later (BNPL) services have quickly become commonplace for consumers. Offering people the ability to spread out their payments for goods and services across regular intervals enables consumers to better manage their own cash flow. Shift the financial risk with third-party business finance.

Payment Services 246

Payment Services Consumer Finance Wholesale 246

Retail TouchPoints

JANUARY 13, 2023

The creditors plan to take over Morphe’s wholesale operations, online platforms and international retail stores, subject to court approval. FORMA Brands plans to use the transaction to strengthen its financial position and help execute its long-term growth strategy, which includes a pivot toward wholesale and ecommerce operations.

Wholesale 272

Wholesale Finance Promotions Planning 272

Retail TouchPoints

DECEMBER 13, 2021

With retailers already pushing out holiday sales to entice consumers to buy early and avoid delivery delays due to supply chain congestion, one tactic that they will lean on to entice customers is buy now, pay later (BNPL). BNPL Can Have an Effect on Consumers and Retailers.

Payment Services 259

Payment Services Consumer Returns Management 259

Retail TouchPoints

MAY 12, 2023

based wholesale and retail business assets of the Scotch & Soda brand, which will allow its products to be sold in retail stores across the country. Bluestar plans to invest in marketing initiatives to introduce new consumers to the brand and support strong consumer engagement worldwide.

Wholesale 306

Wholesale Accessories Apparel Brand Management 306

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: . back to top.

Wholesale 75

Wholesale Payment Services Target Market Marketing 75

Retail Dive

FEBRUARY 24, 2022

consumers and is hoping a select number of "premium" retail partners will help with that. The DTC company is still "unknown" to the majority of U.S.

Wholesale 98

Wholesale Planning Consumer 98

Retail Wire

AUGUST 4, 2021

Wolverine has acquired Sweaty Betty, an activewear brand based in the UK, with plans that include expanding the brand’s presence in the U.S. through both wholesale relationships and as a consumer-direct entity online and with its own stores.

Planning 100

Planning Wholesale Consumer 100

Retail TouchPoints

AUGUST 30, 2021

The spring and early summer was an optimistic time for many consumers who finally emerged from lockdowns looking to refresh their wardrobes and find items suited for smaller local outings during the warmer months. Retail rode strong into Q2 2021 as shoppers returned to stores even as digital sales remained elevated.

Consumer 320

Consumer Fulfillment Department Stores Sporting Goods 320

Retail TouchPoints

SEPTEMBER 6, 2023

In 2019, Hanna Andersson shifted to a fully DTC model , closing all its stores and ending its wholesale business. With no plans to return to brick-and-mortar, the company’s new loyalty program offers the brand another avenue to maintain contact with its consumers.

Drop-Shipping 244

Drop-Shipping Wholesale Shipping Returns 244

Retail TouchPoints

SEPTEMBER 6, 2023

Consortium Brand Partners (CBP), a consumer-focused investment manager, has acquired a majority ownership stake in Draper James , the fashion and lifestyle retail brand founded by actress Reese Witherspoon. Financial terms of the deal have not been disclosed.

Specialty Store 242

Specialty Store Wholesale Accessories Fashion 242

Retail TouchPoints

NOVEMBER 13, 2023

Brooklinen was a direct-to-consumer darling that promised consumers high-quality sheets at great prices. By eliminating supply chain complexities and “cutting out the middlemen,” Brooklinen was able to streamline the product development journey and fully immerse consumers in the ethos and values of the brand.

Wholesale 252

Wholesale Advertising Consumer Promotions 252

Inside Retail

JULY 30, 2023

“Despite anticipated headwinds in the domestic wholesale market, we successfully navigated the challenges and achieved record quarterly sales in addition to a new second-quarter earnings record,” added John Vandemore, CFO of Skechers. The company says it will achieve sales between US$1.95 billion and $2.0 billion and $8.1

Wholesale 242

Wholesale Location Planning Consumer 242

Retail TouchPoints

FEBRUARY 17, 2023

And then how do I build a media plan that’s well thought out and strategic that follows where our customer is spending their time online?’” Lesson 2 Transparency and alignment are key to agile marketing operations: Marketing strategies and investments need to change at the speed of the customer.

Marketing 285

Marketing Wholesale Advertising Consumer 285