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Meet the Aussie e-commerce aggregator that plans to be a unicorn next year

Inside Retail

It has already acquired several e-commerce businesses in Australia, where it plans to focus its efforts. Because we manage a portfolio of a large number of brands, we are able to spot things that are working successfully in one part of the portfolio and then very rapidly roll them out across all the rest of the brands,” he said.

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Strong Coach Results Help Parent Company Tapestry Achieve $1.5B in Q1 Revenue

Retail TouchPoints

Inventory levels for the quarter were 17% below the prior year, which Tapestry attributed to “disciplined inventory management and a lower level of in-transits relative to last year.” “As The purchase will be funded via a combination of permanent financing, term loans, excess Tapestry cash and anticipated future cash flow.

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Guarding the Retail Fortress: Cybersecurity Challenges and Network Interruption Risks

Retail TouchPoints

The Evolving Threat Landscape Retailers increasingly rely on digital platforms for sales, inventory management and customer engagement. Ensuring business continuity plans include appropriate responses to network outages, breaches and ransomware attacks. Conducting a third-party audit of cybersecurity protocols.

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Deloitte: Retailers Should Prepare for ‘Holiday Hangover’ in 2023

Retail TouchPoints

Deloitte found that 51% of lower-income earners and 38% of higher-income earners felt that their finances took a turn for the worse in 2022. The challenge for retailers is understanding where their customers will be six months from now and positioning their inventories, promotional plans and overall business outlook accordingly.

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Best Accounting Software for Small Business

Small Biz Trends

As a small business owner, you need to stay on top of finances and related paperwork. But as your business grows, you may find it difficult to manage all your financial reports. Small business accounting software is a powerful tool that enables business owners to have complete control over their finances. eCommerce integration.

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CIO Q&A: Lessons and Priorities from Aldo Group’s Companywide Digital Transformation

Retail TouchPoints

Customer-focused digital transformation is important for any retail business, but the pandemic-induced volatility and fast pace of change in the industry means that such transformations need to occur in all areas of the enterprise, from product design to planning and supply chain.

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Laying the Operational Foundation for Autonomous Stores

Retail TouchPoints

Turning Insights into Action The first step is to establish an internal task force comprised of technology, business, finance and operations representatives. This change is necessary to provide the real-time data that powers the robots and automation tools that are central to retailers’ inventory management.