Retail TouchPoints

FEBRUARY 12, 2021

With COVID-19 case counts declining and vaccination efforts underway, eager consumers and retailers are both looking hopefully toward a future return to normal. And while the timeframe is still fuzzy, one thing is clear — the “normal” that we’ll find ourselves in post-pandemic will be familiar, but also fundamentally different, from the world we knew before COVID-19.

Consumer 347

Consumer Customer Experience Accounting Shopping 347

Retalon

FEBRUARY 12, 2021

Critical Considerations for Retail Assortment Plans. A retailer’s assortment planning process can make or break their selling season (or even their entire fiscal year). If your predictions are inaccurate (or your assortment plan fails to reflect consumer demand) — you’ll be facing out-of-stocks, markdowns, and unhappy customers all year. But if you manage to predict consumer demand accurately and plan your assortment accordingly — you’ll rake in the profits.

Planning 41

Planning Accounting Store Layout Markdowns 41

Retail TouchPoints

FEBRUARY 12, 2021

GNC has promoted Josh Burris from President to CEO of the health and wellness retailer, and has named Cam Lawrence as its new CFO. Burris joined GNC in 2019 as Chief U.S. Officer before being promoted to President. Lawrence also started in 2019, as SVP Finance and Chief Accounting Officer, and has been acting as interim CFO during the past several months.

Finance 182

Finance Promotions Accounting Customer Experience 182

Retail TouchPoints

FEBRUARY 12, 2021

Commerce technology platform VTEX , which offers retailers marketplace and order management solutions, has acquired cloud commerce platform provider Workarea. VTEX plans to leverage Workarea’s commerce experience to scale growth and strengthen its presence in the U.S. and Canadian markets. Workarea’s customers, including Sleep Number and sustainable fashion brand Reformation , will add more than $1 billion in gross merchandise volume to VTEX, ultimately accounting for 20% of the comp

Management 162

Management Accounting Fashion Planning 162

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Adopting MACH technology means more than implementing new platforms. This type of digital change affects your organization at every level and requires a thoughtful approach to navigate challenges that crop up. The Get MACH Ready report, co-authored by MACH Alliance member Scott Canney in collaboration with Orium, commercetools, and Contentstack, will provide you with strategies to prepare your organization for a digital transformation.

Management

Retail TouchPoints

FEBRUARY 12, 2021

It has not always been announced with great fanfare, but the retail industry is increasingly turning to radio frequency identification (RFID) as more benefits are uncovered. With supply chain visibility and inventory accuracy continuing to grow in importance, RFID has gone from a “nice to have” to being foundational to the ecommerce models that are critical for the survival of retail companies today.

Fulfillment 245

Fulfillment Markdowns Inventory Management Customer Experience 245

Retail TouchPoints

FEBRUARY 12, 2021

Ahold Delhaize USA — which operates grocery chains under the Food Lion , Giant Food , The GIANT Company , Hannaford and Stop & Shop banners — has unveiled a series of new health and sustainability goals. They are part of a detailed, purpose-driven strategy designed to enable customers to make healthier choices, create greater product transparency, eliminate waste and take bold climate action, all in support of developing a more sustainable food supply chain.

Shopping 196

Shopping Accounting Consumer Planning 196