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Inventory Accuracy: The Not-so-Secret Ingredient for Holiday Sales Success

Retail TouchPoints

With Salesforce’s 2023 holiday predictions forecasting that BOPIS (buying items online for in-store or curbside pickup) will influence $28 billion in incremental sales during the holiday season, retailers seeking to capitalize on this revenue opportunity need to ensure their store operations and inventory management practices are up to par.

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Untuckit is Setting Sights on Expansion and Internal Visibility is Helping it Get There

Retail TouchPoints

With NetSuite, we have been able to improve productivity and create a centralized view of our finances, inventory and operations across both our ecommerce and retail channels.” For example, NetSuite Advanced Inventory helped Untuckit optimize its buy online, ship from store system.

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The Top 5 Retail Remix Episodes of 2023

Retail TouchPoints

Over three -plus years, I have had the honor of speaking with industry pros who have rich backgrounds in tech, marketing and advertising, operations, finance and so much more. The Retail Remix podcast was developed to feature the founders, executives and practitioners shaping retail’s future.

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Guitar Center Plans Bankruptcy Exit by Year End

Retail TouchPoints

In addition, several banks, led by Wells Fargo and JPMorgan, are expected to fund a new $375 million secured asset-based financing facility that would provide significant additional liquidity for the business. The retailer plans to reduce its debt by $800 million and raise $350 million in new senior secured notes during the process.

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Guitar Center Plans Bankruptcy Filing, Mulls Potential Store Closings

Retail TouchPoints

Additionally, Guitar Center has negotiated $375 million in Debtor-In-Possession financing and plans to raise $335 million in new senior secured notes.

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Scarred by the 2008 Recession and COVID, 48% of Gen Z Frequently Shops at Discount Stores

Retail TouchPoints

As the oldest members of Gen Z move into their mid-20s and the youngest enter their teen years, personal finance concerns are high on their list of worries. Free returns, at 31% , and quick/helpful customer service, at 27% , also are vital elements.

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Exclusive Q&A: How Stojo’s Sustainable Cups Spread from the MOMA Store to Target

Retail TouchPoints

Stojo recently began distribution of its products in both Target stores and via Target.com. Stojo’s commitment to practical sustainability has been baked in from its beginnings, according to CEO Jurrien Swarts, who had been working in finance prior to the company’s launch in 2014.

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