Retail TouchPoints

OCTOBER 28, 2020

The troubled $16.2 billion acquisition of Tiffany by global luxury giant LVMH , which has devolved into suits, countersuits and threats, could still be salvaged. Citing unnamed sources close to the negotiations, CNBC reported that the companies are in “indirect conversations” to settle, possibly for a lower purchase price. The deal’s revised terms would price Tiffany stock at $130 to $133 per share, down from the $135 per share that had originally been offered in November 2019.

Fashion 259

Fashion Consumer Marketing Store Operations 259

Shopperations

OCTOBER 28, 2020

With promises of greater personalization and targeting capacity backed by point of sale data, retailers are inviting consumer goods marketers closer to shoppers with the launch of their own retail media platforms.

Marketing 98

Marketing Point of Sale Consumer 98

Retail TouchPoints

OCTOBER 28, 2020

Tuesday Morning has declined to sell itself and will instead seek other paths for its financial reorganization, according to court filings. The retailer had planned to close on a sale of all its assets by Oct. 29, but will now push back its hearing date until Nov. 6 as it considers alternatives. Tuesday Morning filed for bankruptcy protection in May 2020 with plans to close 230 of its 687 stores.

Store Operations 244

Store Operations Planning Location ATS 244

Bindo

OCTOBER 28, 2020

POS easier you make it for your staff, the more time they have to spend on customer service and sales. You also save money because you’re able to track your finances better via its real-time reporting feature. Your POS system will also help you prevent waste and loss via its inventory management system.

Inventory Management 40

Inventory Management Finance Management 40

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Management

Retail TouchPoints

OCTOBER 28, 2020

Luxury accessories and lifestyle brand Tapestry has appointed Joanne Crevoiserat as CEO, effective immediately. Since July, Crevoiserat has been serving as interim CEO of the company, which has a portfolio of brands including Coach , Kate Spade and Stuart Weitzman. Additionally, Crevoiserat will be named a member of the Tapestry Board of Directors; Susan Kropf, an independent member of Tapestry’s Board of Directors since June 2006, will continue to serve as Chair of the Board.

Finance 211

Finance Department Stores Accessories Planning 211

Retail Technology Review

OCTOBER 28, 2020

In recent months, more and more businesses have embraced digital than ever before in an attempt to claw back some revenue from factors such as store closures and physical restrictions. And, as a result, an omnichannel approach has never been so important.

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Retail TouchPoints

OCTOBER 28, 2020

Inmar Intelligence will become a reseller of Happy Returns ’ Returns Bar and Online Returns Exchange Services (ORES). The partnership will merge Inmar’s returns processing and data services with Happy Returns’ ORES capabilities in an effort to improve both solution providers’ return services. Retailers that use the Inmar Intelligence returns solution will now be able to provide shoppers in-person return portals at Happy Returns’ 2,600 Return Bars.

Returns 143

Returns Marketing ATS Fulfillment 143

Retail TouchPoints

OCTOBER 28, 2020

There’s an unlikely contender for the ecommerce crown — the king of the physical retail space, Walmart. It seems counterintuitive, but key to Walmart’s success in the ecommerce arena is its sheer physical presence on the ground. Walmart has placed a big emphasis on the opening of its brand-new supercenters over the last couple of years, and that focus has given the brand a huge network of stores it can now leverage for ‘click & collect’ (or buy online, pick up in-stor

Shipping 225

Shipping Accounting Returns Customer Experience 225