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Can Kohl’s New Merchandising Strategy Create Holiday Magic?

Retail TouchPoints

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.

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Klarna Takes Another Step Toward IPO as it Showcases Profitability and New Walmart BNPL Deal

Retail TouchPoints

In the filing, Klarna did reveal some of its financial results for 2024, including its $21 million in net profit. since 2015 , handled $105 billion in gross merchandise value (GMV) and has 93 million active customers and 675,000 merchants using its services. The Sweden-based company, which has operated in the U.S.

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Kohl’s Highlights Brands that Give Back With Curated Discovery @ Kohl’s Experience

Retail TouchPoints

Kohl’s dedication to supporting brands that “offer a purpose beyond profits” will extend to its overall back-to-school selection, which features brands including: Ivory Ella , which donates 10% of all net profits to organizations like Save the Elephants; Yoobi , a brand that donates a school supply item to a child in need in the U.S.

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R.M. Williams crafts quality and service from people and tech

Inside Retail

Williams is working with Powerfront, a software company, to provide the live chat and gamified floor-to-ceiling video display that shows all customers on the brand’s site and their real-time activity. This allows the team to intercept any issues and further enhance the customer experience globally from the brand’s flagship retail space.

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Analysis: As technology marches on, Asia’s retail property huffs and puffs

Inside Retail

Where revenues went, profits followed. Those same 20 companies made a net profit of US$320.6 That’s an astonishing 19 per cent profit gain. Top of the list of tech giants was Amazon, which had a net profit of US$21.3 billion, an increase of US$50.7 billion on 2019. billion on revenues of US$386.1

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Retail appointments of the week: Puma, Nike, Tory Burch

Inside Retail

I can’t wait to get to Australia and New Zealand to meet our team, customers and partners and continue the growth for Puma in the market,” said Pustina. Nicole Hubbard Graham will become the new chief marketing officer, succeeding Dirk-Jan “DJ” van Hameren, who will retire next summer after 31 years with the company.

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Why LVMH outperformed H&M amid a cost-of-living crisis

Inside Retail

The former, a fast fashion giant based in Sweden, saw a slump in fourth quarter earnings, with its operating profits falling by 87 per cent year on year, and its net profit declining by about 68 per cent. LVMH appears to have been able to offset these challenges, with strong growth in the US, European and Japanese markets.