Retail TouchPoints

MARCH 15, 2023

Five Below has promoted CFO and Treasurer Kenneth Bull to the role of Chief Operating Officer, where he will focus on achieving the company’s Triple Double growth goals by optimizing its talent, systems and processes. Prior to joining Five Below, Bull served in senior finance roles at other retailers, including Urban Outfitters. “I

Planning 259

Planning Finance Promotions Location 259

Retail TouchPoints

MAY 10, 2021

PacSun has named Alfred Chang and Mike Relich as its new Co-CEOs, and promoted PacSun Chief Brand Officer Brieane Olson to President of the specialty retailer. Relich will oversee operations, including sourcing/supply chain, distribution, planning and allocation, IT, finance, legal and human resources.

Specialty Retailers 259

Specialty Retailers Finance Promotions Marketing 259

Mass Relators

SEPTEMBER 12, 2022

The latest move involves a promotion for chief financial officer John Garratt, who on September 1 added the role of president. The 53-year-old Garratt will remain responsible for the company’s finance, accounting, strategy and procurement functions. Zak Brining has been promoted to senior vice president of corporate store operations.

Promotions 52

Promotions Store Operations Finance Management 52

Retail TouchPoints

MARCH 1, 2024

Natori can use Albert to target customers who had previously engaged with and/or purchased similar products, registered on the ecommerce site or participated in a promotion. She left a prestigious Wall Street position to start the company; similarly, Ken left a career in finance to join the company in 2007.

Department Stores 215

Department Stores Wholesale Finance Apparel 215

Retail TouchPoints

AUGUST 9, 2023

Events and inventive marketing strategies were meticulously organized to promote the district’s vibrant atmosphere and attract more visitors. By partnering with WADA, the BID successfully secured grants from private sectors and foundations, unlocking opportunities for expansive placemaking activities.

Planning 228

Planning Promotions Outdoor Finance 228

Retail TouchPoints

FEBRUARY 7, 2024

These price comparisons happen regularly, but not on a set schedule, so retailers can’t build them into a pricing or promotion calendar. parent company of the Tommy Hilfiger and Calvin Klein brands, operates more than 6,000 stores in 40 countries. PVH x RetailNext and MarketDial PVH Corp.

Point of Sale 249

Point of Sale Promotions Inventory Management Grocer 249

Retail TouchPoints

JUNE 10, 2022

In simple terms, a war room represents a focused effort for the entire organization to bring all stakeholders — merchandising, finance, store operations and marketing, among others — together, raising the visibility of the most critical issues to the executive team so that the company can develop a coordinated response.

Merchant Services 208

Merchant Services Promotions Wholesale Finance 208

Retail TouchPoints

DECEMBER 28, 2021

Separately, the 2020 Small Business Credit survey, fielded in Q3 and Q4 of 2020, showed bank financing varies significantly based on owner race and ethnicity. A diverse supplier is a business 51% or more owned and operated by underrepresented individuals or groups like minority-, women-, veteran- or LGBQT-led organizations.

Payment Services 276

Payment Services Finance Marketing Promotions 276

Inside Retail

FEBRUARY 27, 2023

Customers are more likely to trade up when they transition to the in-store environment. It’s all just commerce now With retailers using the online channel to promote engagement across the entire buying journey, the distinction between the online store and physical stores has become increasingly blurred.

Payment Services 130

Payment Services Social Commerce Promotions Department Stores 130

Retail TouchPoints

DECEMBER 7, 2020

Let’s also take a moment to recognize that some of the Black Friday drop was intentional by retailers, who changed their selling strategies by extending promotions before and beyond Black Friday itself and encouraging shoppers to shop when they wanted to shop and through whatever channel they felt most comfortable with.

Drop-Shipping 186

Drop-Shipping Shipping Store Operations Shopping 186

Retail TouchPoints

NOVEMBER 4, 2021

The holidays always tend to put a strain on the piggy bank, but a study from personal finance company Credit Karma found that 43% of consumers are feeling more financially stressed this holiday season, and inflation is the leading cause. Shortages and Sticker Shock Heighten Holiday Stress.

Consumer 262

Consumer Merchant Services Payment Services Drop-Shipping 262

Retail TouchPoints

JUNE 8, 2020

RTP: Hand & Stone has been able to hold on to a high percentage of its membership, even when locations had to shut down and consumers have had a lot of worry over finances. We think it’s critical to get the consumer to understand that it’s safe to get services here. What are some of the tools you’ve used to maintain customer loyalty?

Location 167

Location Finance Consumer Promotions 167

Retail TouchPoints

DECEMBER 12, 2023

In addition to this timing variation, over 60% of shoppers plan to do their browsing online, yet 85% expect to buy at least one product in a store. In this kind of shopping environment, how should retailers align their promotions and markdowns for the greatest impact? And don’t forget the shopper looking for that end-of-season deal.

Markdowns 260

Markdowns Retailing Pricing Promotions Fulfillment 260

Mass Relators

JANUARY 21, 2023

Their time-tested skills and cultivated expertise promoted food industry growth and gracefully elevated the industry’s profile, even when faced with the toughest economic environment in 40 years.” He has also positioned his company to serve critical needs in the communities of downtown Chicago.

Beauty and Health 52

Beauty and Health Grocer Merchant Services Consumer 52

Retail TouchPoints

APRIL 6, 2023

Because it’s working from much broader inputs and more advanced neural networks, AI can take into account more factors, such as competitive pricing , weather patterns and promotional cannibalization. Say you have an internal version of ChatGPT that writes something that might offend an employee — who’s responsible for that?,” said Thota.

Payment Services 225

Payment Services Supply Chain Management Supermarket Accounting 225

I Vend

DECEMBER 10, 2023

Point of sale store operations – customers want fast and friction-free checkout, and retailers need to know what has been sold. Financial operations – integrating the back of house finance processes with the front of house sales offers massive opportunities for streamlining.

Shrinkage 87

Shrinkage Inventory Management Store Layout Checkout 87

Mike Anthony

MAY 3, 2023

Big supermarket chains have been under pressure for some time as e-commerce, discounters and convenience stores and specialists all vie for share. Then inflation hits both store operation costs as well as cash-strapped shoppers. Because he had improved the finances across 95% of the portfolio. Crazy right?

Payment Services 100

Payment Services Planning Returns Finance 100

Retail TouchPoints

OCTOBER 7, 2020

The fact that we have a unified technology allows us to use the same processes in terms of pricing, assortment, promotions, taxes, etcetera. “We were able to implement vending machines across 27. airports in North America in the middle of the pandemic within three weeks,” Martin-Consuegra explained.

Payment Services 214

Payment Services Point of Sale Specialty Retailers Customer Experience 214