Retail TouchPoints

FEBRUARY 7, 2023

million debt service payment on municipal bonds sold to help finance the venture, due to insufficient funds. The mall, which opened after a years-long delay in October 2019 , struggled (as many retailers and malls did) with COVID-19’s impact on in-person shopping. The American Dream mall and entertainment complex failed to make a Feb.

Payment Services 233

Payment Services Department Stores Checkout Finance 233

Retail TouchPoints

MARCH 18, 2021

Tailored Brands emerged from Chapter 11 bankruptcy in late 2020 and received $75 million in new financing earlier in March 2021. I will be rooting for everyone at Tailored Brands as you take these next steps.”.

Finance 235

Finance Shopping Store Operations ATS 235

Retail TouchPoints

JUNE 10, 2020

billion in new financing, including its previously announced $1.3 Our strong digital business sales trend continued throughout May, and it is encouraging to see that as we reopen a store, the digital business in that geography continues to be strong,” said Jeff Gennette, Chairman and CEO of Macy’s in a statement.

Finance 182

Finance Shopping Store Operations 182

Retail TouchPoints

AUGUST 7, 2020

The retail reopening process is underway in many parts of the country, and brands and centers alike are trying to figure out how to safely bring shopping back to brick-and-mortar. This includes virus case counts, in-store retail traffic and how the two intersect. This trend will need further monitoring.

Store Operations 261

Store Operations Consumer Finance Apparel 261

Retail TouchPoints

MARCH 1, 2024

She left a prestigious Wall Street position to start the company; similarly, Ken left a career in finance to join the company in 2007. A lot of brands out there have sold to bigger shops where the bottom line is king, but we’re more about our reputation and the product we put out.

Department Stores 212

Department Stores Wholesale Finance Apparel 212

Retail TouchPoints

AUGUST 31, 2022

Bed Bath & Beyond, which secured a $375 million loan last week, has received additional financing commitments of more than $500 million and a newly expanded $1.13 billion asset-backed revolving credit facility.

Customer Retention 263

Customer Retention Finance Fulfillment Planning 263

Retail TouchPoints

DECEMBER 7, 2020

This was a given considering most major retailers and shopping centers decided to stay closed this year to give some time back to their associates. It’s only since 2013 that Thanksgiving Day shopping started to become an event, and judging from the fact that it has only contributed 1.5% The Rest of the Holiday Season.

Drop-Shipping 185

Drop-Shipping Shipping Store Operations Shopping 185

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. Further, twice as many white business owners (30%) use business credit cards in their first year of operations compared with 15% of black business owners.

Payment Services 275

Payment Services Finance Marketing Promotions 275

Inside Retail

FEBRUARY 27, 2023

Australia Post’s 2022 e-commerce industry report told us that online retail sales represent around 20 per cent of total retail sales , with shopping habits being reformed during the pandemic. Secondly, having a strong e-commerce channel enables customers to find products online that they may have struggled to locate in-store.

Payment Services 130

Payment Services Social Commerce Promotions Department Stores 130

Retail TouchPoints

NOVEMBER 4, 2021

Despite having just officially begun, this holiday shopping season already is marked by supply chain disruption, persistent inflation and mixed consumer confidence. Holiday shopping insights from the Adobe Digital Economy Index predict that ecommerce will become even more ubiquitous, with U.S.

Consumer 261

Consumer Merchant Services Payment Services Drop-Shipping 261

Mass Relators

MARCH 31, 2024

In this role, she will continue to support DG’s store operations team, which now encompasses more than 20,000 retail stores including pOpshelf and Mexico. Amanda Mathis has joined Dollar General as senior vice president, finance. . — Dollar General has promoted 18 executives to new roles at the company.

Promotions 52

Promotions Merchant Services Planning Beauty and Health 52

Retail TouchPoints

JUNE 4, 2020

Retailers have scrambled to ensure customers are able to get essential items as quickly as possible, using different methods to remain contact-free such as curbside pickup, social distancing while shopping in-store and home delivery. As States Continue To Reopen, In-Store Experiences Still Need To Be Top Of Mind.

Drop-Shipping 234

Drop-Shipping Shipping Customer Experience Finance 234

Retail TouchPoints

AUGUST 9, 2023

By embracing innovative solutions like autonomous vehicle (AV) technology, repurposing existing spaces and utilizing Building Information Modeling (BIM), cities can foster engaging shopping experiences while addressing mobility and parking challenges. in real estate transactions, particularly in the South Florida market.

Planning 225

Planning Promotions Outdoor Finance 225

Retail TouchPoints

JULY 9, 2021

Engaging with specialists to finance, upgrade and monitor energy-using systems has been a transformative factor across categories, from big brands like AT&T and KFC to smaller shops and facilities of all kinds.

Management 264

Management Accounting Customer Experience Finance 264

Retail TouchPoints

FEBRUARY 7, 2024

What we’re talking about is how retailers today are using practices developed in ecommerce environments to turn their stores into data-rich sources of information, and then act on that intelligence. parent company of the Tommy Hilfiger and Calvin Klein brands, operates more than 6,000 stores in 40 countries.

Point of Sale 245

Point of Sale Promotions Inventory Management Grocer 245

Mass Relators

APRIL 17, 2023

The day that Conant spoke, participants had a chance to hear Tom McAloon, senior vice president of store operations at Dollar Tree, on finance; Confluencer Commerce founder and CEO Bryan Gildenberg on the future of retailing; and St. The plenary presentations were followed by interactive classroom sessions.

Wholesale 40

Wholesale Finance Store Operations Marketing 40

Retail TouchPoints

MAY 28, 2020

We believe this very strong start speaks to our compelling value proposition and the appeal of our treasure-hunt shopping experience, as well as pent-up demand. The company has since reopened 700 stores, with the remaining stores slated for reopening to be reopened over the coming weeks.

Markdowns 133

Markdowns Discount Store Finance Apparel 133

Inside Retail

OCTOBER 14, 2021

He was the driving force behind the creation of Lovisa in 2010 and has since then grown the business to over 550 stores, operating across 20 countries, employing over 3,000 team members and with a market capitalisation of circa $2 billion,” said Blundy.

Fast Fashion 130

Fast Fashion Management Outdoor Finance 130

365 Retail

SEPTEMBER 15, 2021

Department store digital pioneer Fiona Lay has been appointed as Digital Director. Formerly Digital and Trading Director at Debenhams, she spent 17 years at the company where she oversaw its transition and growth into online shopping. Debenhams’ digital business was transitioned to fashion retailer Boohoo in April.

Fashion 62

Fashion Department Stores Finance Customer Experience 62

Mass Relators

JANUARY 21, 2023

and Gordon Reid, President of Stop & Shop Liz Chace Marino Esther Peterson’s historic legacy of consumer advocacy and future-focused progress perfectly captures the professional ethos of Liz Chace-Marino, Manager of Government Affairs at Ahold Delhaize USA, and Gordon Reid, President of Stop & Shop.

Beauty and Health 52

Beauty and Health Grocer Merchant Services Consumer 52

Retail Next

OCTOBER 23, 2019

Consumers aren’t the only ones to blame for the increasing return rates in online shopping. Consider Launching a Physical Store. Many successful businesses that have started online eventually built their brick-and-mortar stores with the help of business financing. Ensure Product Images Match Descriptions.

Returns 52

Returns Shipping Finance Consumer 52

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. Add it all up and it’s clear that the timing duration, and location of holiday shopping is not like the old days. Barach guides development and customer deployment of antuit.ai

Markdowns 257

Markdowns Retailing Pricing Promotions Fulfillment 257

Retail TouchPoints

JUNE 17, 2020

Brands have a phenomenal opportunity to gather data about their customer when they shop via e-Commerce channels. Physical stores notoriously lack this capability, but there are tools available, through QR codes and RFID tags, that have the power to measure in-store customer interest and purchase intent.

Store Layout 163

Store Layout Planning Finance Store Operations 163

Retail TouchPoints

APRIL 6, 2023

The publication also has reported on the role of AI in Walmart initiatives to enhance search , add Text-to-Shop functionality and improve its supply chain. But any new (or newly enhanced) technology also carries risks. Say you have an internal version of ChatGPT that writes something that might offend an employee — who’s responsible for that?,”

Payment Services 221

Payment Services Supply Chain Management Supermarket Accounting 221

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

Retail TouchPoints

OCTOBER 7, 2020

At the beginning of 2020, Hudson kicked off its deployment of the Flooid platform to provide a new backbone for all transactions across its 1,010 travel convenience stores and specialty retail, which includes proprietary book and tech stores, duty-free shops and food and beverage concessions.

Payment Services 214

Payment Services Point of Sale Specialty Retailers Customer Experience 214

Retail TouchPoints

NOVEMBER 19, 2021

Providing consumers with the ability to see, touch and experience products firsthand, physical shops offer a degree of instant gratification that simply cannot be replicated in an online environment. Delivery is getting faster, but the magic of in-person shopping will forever be an important driver of commerce.

Fulfillment 273

Fulfillment Jewelry Inventory Management Consumer 273