Retail TouchPoints

MAY 29, 2020

Nordstrom, like many other department stores, had a much weaker quarter: overall sales fell 40% , with full-price locations dropping 36% and the off-price division declining 45%. The declines were attributed to store closures, though the retailer has reopened about 40%.

Department Stores 154

Department Stores Operating Expenses Store Operations Apparel 154

Retail TouchPoints

DECEMBER 4, 2023

This process often consumes a substantial amount of labor, time and cost, accounting for 50%-75% of total operating expenses in a typical retail store. Enhancing Order Picking CollaboMation can significantly impact one crucial area: order picking.

Operating Expenses 244

Operating Expenses Shipping Accounting Shopping 244

Retail TouchPoints

JUNE 12, 2020

The retailer also reported a same-store sales increase of 2.4%. However, the pandemic forced Tailored Brands to close all its shops and e-Commerce fulfillment centers in the U.S. The retailer posted a sales drop of 60.4% in February. and Canada, from March 17, 2020 through the end of the first quarter.

Payment Services 134

Payment Services Operating Expenses Fulfillment Planning 134

Retail TouchPoints

SEPTEMBER 22, 2022

Unfortunately, the facts indicate Kohl’s lacks the right leadership for the exceedingly challenging period ahead — one that will require the Company to reverse high-single-digit sales declines, contain capital expenditures and operating expenses, and immediately optimize fulfillment, marketing and merchandising.”.

Operating Expenses 252

Operating Expenses Fulfillment Management Accounting 252