Inside Retail

AUGUST 15, 2023

Meanwhile, its net profit fell by over 30 per cent to $8.3 This revenue growth is reportedly due to an increase in both first-time and returning customers. It recently appointed a chief marketing officer, and is seeing a 200 per cent return on its marketing investment. million in the year prior.

Planning 246

Planning Drop-Shipping Net Profit Returns 246

Retail Gazette

JANUARY 18, 2024

Poundland opened 203 net new stores during the golden quarter, largely reflecting 54 conversions of ex- Wilko stores. We are making good progress against our renewed strategy, as outlined in October last year, to improve profitability and cash generation in our core established business, while delivering more measured profitable growth.”

Returns 105

Returns Shipping Marketing Consumer 105

Inside Retail

NOVEMBER 13, 2023

Moreover, Hong Kong has reclaimed its position as the leading luxury market in per capita expenditure on luxury goods, and the market is expected to return to pre-Covid-19 sales levels by mid-2024. According to the latest report by Euromonitor International, this sector experienced an unprecedented growth rate of 51.1

Fashion 130

Fashion Consumer Returns Marketing 130

Retail TouchPoints

DECEMBER 12, 2022

But when the brand incorporated virtual fitting room technology from AI-first mobile body measuring company 3DLOOK , the solution helped TA3 Swim cut its size-related customer return percentage nearly in half, to 9% , over a six-month period. This helps with conversions but does nothing for return rate.”.

Returns 214

Returns Apparel Consumer ATS 214

Independent Retailer

JANUARY 27, 2022

Product returns are a big problem for retailers. In 2020, consumers returned an estimated $428 billion in merchandise, representing more than 10 percent of total retail sales. The problem does not stop there — the surge in online sales has made customers far more discerning when it comes to return policies. Spell it Out

Returns 73

Returns Merchant Services Shipping Consumer 73

Retail TouchPoints

MARCH 14, 2024

Back in the 1950’s his grandfather, Stanley Whitman, decided to open a luxury shopping mall in Florida that would rival Manhattan’s Fifth Avenue. Taking advantage of the balmy Florida weather, Bal Harbour Shops pioneered the idea of an open-air shopping mall. Spoiler alert: that second floor filled up.

Shopping 299

Shopping Consumer Drop-Shipping Shipping 299

Inside Retail

AUGUST 18, 2021

While Adidas CEO Kasper Rorsted’s valiant efforts helped Reebok return to profitability in recent years, it couldn’t perform at the level expected at Adidas. While Adidas CEO Kasper Rorsted’s valiant efforts helped Reebok return to profitability in recent years, it couldn’t perform at the level expected at Adidas. billion; US$1.3

Fashion 246

Fashion Apparel Marketing Management 246

Retail TouchPoints

MAY 16, 2023

These walled gardens don’t necessarily carry the baggage of the big original ones, and even when they do, it’s a net positive to the broader marketing ecosystem. If well built, they provide advertisers with a channel to engage with consumers for both near-term return on ad spend (a.k.a. This is actually a healthy development.

Advertising 305

Advertising Merchant Services Apparel Marketing 305

Retail TouchPoints

MAY 3, 2022

From supply chain issues to a thriving retail media landscape, vendors are increasingly looking for new ways to maximize their product sales on Amazon. In fact, last year saw over 30% growth in brands investing in Amazon advertising, with the $31B marketplace giant now making up 13.3% Don’t make this mistake. Know the Numbers.

Accounting 275

Accounting Shipping Management Fulfillment 275

Inside Retail

AUGUST 27, 2023

American fashion designer Marc Jacobs first launched his eponymous beauty brand in 2013, making more than 120 products available for purchase in select Marc Jacobs stores and at Sephora. However, in recent years, Marc Jacobs has been making a comeback, both on social media and in sales revenue. According to Coty’s CEO Sue Y.

Returns 130

Returns Fashion Consumer ATS 130

Inside Retail

JULY 11, 2022

SaaS products. If that’s true, if it’s the things we offer beyond the tangible that will help us thrive, retail brands need to be built for the long haul, rather than just short-term return. Is it possible to build ‘sales overnight, brands over time’, so that customers can say that our products cost less but are trusted to mean more?

Department Stores 130

Department Stores Returns Fulfillment Customer Experience 130

Retail Gazette

SEPTEMBER 19, 2023

in the five months to 31 August as it warned it will now make a £1.5m The fashion retailer said that “ inflationary cost pressures have continued to impact consumer confidence and demand for Quiz’s products”, as sales fell below management’s expectations. Quiz sales plunged 15.3% pre-tax loss for the year.

Fashion 64

Fashion Returns Management Consumer 64

Inside Retail

JULY 27, 2021

By developing decisions based on sound, sustainable analytics-based information, multinational retail consultancy Scalene Group is positively impacting product ranging, category space allocation, store network development and even promotional pricing for retailers spanning three continents.

Management 234

Management Net Profit Promotions Location 234

Independent Retailer

FEBRUARY 1, 2022

Check out more timely Product Trends, News, and Marketing tips as they are added to our website here: Choosing the Best Structure for Your Retail Business Making Product Returns into a Net Positive Record Sales at Winter 2022 Atlanta Market. The February 2022 Issue of Independent Retailer Magazine.

Returns 52

Returns Marketing ATS 52

Inside Retail

AUGUST 8, 2021

The so-called death of the skinny jean — a style that has reigned supreme for the better part of the past two decades — has been making headlines in recent months. Fashion is cyclical and as trend cycles shorten, we are seeing nostalgic styles from just 10 years ago return to the forefront at a much faster pace.

Fashion 246

Fashion Apparel Consumer Retail Trends 246

Inside Retail

AUGUST 23, 2022

Group net profit rose 11 per cent to $495 million compared to a year prior, as did earnings per share which rose to 27.6 DrinkWise’s research found that most Australians are drinking the same or less than prior to the pandemic, and, of those that are drinking less, one-third attribute this reduction to lower alcohol products.

Planning 130

Planning Net Profit Returns Supermarket 130

Independent Retailer

NOVEMBER 28, 2022

Consumers are returning more purchases than ever, especially with the growing convenience of online orders, but it is becoming an increasingly expensive problem for retailers. Last year alone, retailers lost $218 billion to ecommerce returns. Shoppers Already Expecting to Return Gifts. Shoppers Already Expecting to Return Gifts.

Returns 85

Returns Customer Retention Wholesale Fashion 85

Retail TouchPoints

OCTOBER 7, 2022

Nestled within articles about where to find a dress like Kate Middleton’s or the top 10 smart home devices are links to sites where readers can buy the products being discussed. British newspaper The Independent has always been a bit of a rebel. We see this [new integration] as a way to go a bit deeper with our most engaged readers.”.

Merchant Services 278

Merchant Services Checkout ATS Fulfillment 278

Retail Gazette

APRIL 3, 2024

The private equity-owned retailer revealed it had returned to profitability last month for the first time since its collapse in 2020, as EBITDA hit £1.5m in the 53 weeks to 30 September, up from a £15.4m loss in 2022. The private equity firm bought back Bensons but not Harveys.

Returns 64

Returns Payment Services Marketing Consumer 64

Hyken

AUGUST 31, 2023

Positive word-of-mouth and referrals Smooth, personalized customer journeys result in great customer experiences. It’s worth it, too, as loyal customers not only make more frequent and higher-value purchases—they sing your praises online and offline, driving more customers your way. But don’t worry.

Payment Services 107

Payment Services Customer Experience Inventory Management Accounting 107

Retail TouchPoints

NOVEMBER 17, 2021

The future is not about user-level identification but rather about data-driven strategies that make room for a test-and-learn mindset. Shifting from Product to Customer-Centricity. It starts with adjusting your organization’s thinking and processes to adapt to the new data-deprecated, cookie-less world. 35% in 2019).

Advertising 264

Advertising Marketing Consumer Returns 264

Retail Gazette

APRIL 5, 2024

Without that, the group would have been loss-making. As well as returning to growth over the past year, it has also grown the top line, with group sales – excluding the petrol business – up 4.7% It has reduced its operating costs, and cut its net debt by 90% from £900m to £82m over that period.

Wholesale 102

Wholesale Planning Marketing Accounting 102

Indigo 9 Digital

NOVEMBER 16, 2023

Then there are those pesky returns. How often have you bought something online, then returned it without a second thought? It filed to go public in 2021 and now that we have access to Warby Parker’s financials we can finally answer the question: does Warby Parker make money? But is it really as easy as it looks?

Consumer 98

Consumer Returns Advertising Marketing 98

Inside Retail

JUNE 21, 2023

Retail products and services cover the whole spectrum of human needs and wants, and those humans can be engaged, turned off, turned on and bewitched in all sorts of different ways. While retail is glamorous, many industry professionals will admit that retail property is kind of a boring necessity. Singapore is a good case in point.

Marketing 130

Marketing Beauty and Health Sporting Goods Shopping 130

Cisco Retail

NOVEMBER 8, 2021

Most recently, our CEO Chuck Robbins pledged 100% product return and set ambitious Net Zero GHG emissions goals. Cisco’s scale and innovation are advantages in our efforts to make the world a better place for all, including a healthier earth. And we think we can increase your profits at the same time.

Returns 90

Returns Marketing ATS 90

Independent Retailer

NOVEMBER 8, 2022

For retailers, this transformation is being driven by consumers, with 80 percent of American shoppers reportedly considering sustainability before making a purchase. For retailers, this transformation is being driven by consumers, with 80 percent of American shoppers reportedly considering sustainability before making a purchase.

Fashion 75

Fashion Fast Fashion Boutique Returns 75

Mass Relators

NOVEMBER 9, 2022

ZAANDAM, the Netherlands — Ahold Delhaize’s net sales increased 9.1% At actual exchange rates, net sales grew 20.8%, the company said on Wednesday. “Our positive market share development and resilient financial performance in Q3 highlights the trust customers continue to place in our brands. billion ($22.42

Advertising 52

Advertising Shopping Marketing Planning 52

Inside Retail

AUGUST 12, 2021

In line with the brand’s emphasis on body positivity and self-acceptance, it invites influencers to share unretouched photos of themselves in Savage x Fenty pieces. In the past year, we’ve all navigated massive changes in many aspects of our lives — how we work, how we shop, how we socialise. million EMV. content creators.

Marketing 130

Marketing Beauty and Health Fashion Consumer 130

Inside Retail

APRIL 26, 2022

Preet Bain: Our physical stores are the embodiment of Aesop’s philosophy, providing distinctive environments in which customers can not only experience our product, but also receive sincere, well-informed, hospitable service. How would you describe Aesop’s strategy and approach to physical stores and their role? Please paint me a picture.

Management 130

Management Beauty and Health Customer Experience Promotions 130

Rangeme

JULY 24, 2023

Calling all entrepreneurs, business owners, and product innovators! We will cover topics like understanding what makes the audience tick and developing strategic branding that digs deeper than just logos and packaging. So keep an eye out for more CPG marketing magic…. Ready to get started?

Marketing 98

Marketing Advertising Promotions Consumer 98

Retail TouchPoints

SEPTEMBER 23, 2020

Akkineni also is returning to his roots: he is a Zulily veteran who led the analytics team during its early years, from 2010 to 2013. Casting a wide net has paid off: Zulily’s revenue increased 16% to $422 million in Q2 2020. Initially, staying home just brought more attention to players who were already well-positioned online.

Marketing 165

Marketing Shopping Shipping Management 165

Inside Retail

FEBRUARY 8, 2022

I thought how good it would be if I could rent it for a year, then decide if I wanted to keep it or return it. From the positive feedback and encouragement from our early customers, I realised that what we were building really added value to people’s lives. How does the production and design process work?

Payment Services 130

Payment Services Fashion Returns Customer Experience 130

365 Retail

OCTOBER 21, 2021

The technology, which is being developed with a UK-based start-up, will mean consumers can use their smartphone camera to get a full-body scan that will improve the fit of clothing and reduce returns, whilst also allowing athletes to track their progress in training. Owning a product is a temporary experience.

Shopping 115

Shopping Consumer Planning Fashion 115

365 Retail

JULY 14, 2022

InPost, the European leader among eCommerce delivery platforms, announces the next stage of its European expansion helping to consolidate its position as one of Europe’s leading eCommerce delivery platforms. This in turn puts an extra burden on a postal system already running at capacity. United Kingdom.

Shipping 65

Shipping Consumer Returns Location 65

A1 Retail

OCTOBER 6, 2021

M&S has reset its Plan A sustainability programme, with a singular focus on becoming a net zero Scope 3 business across its entire supply chain and products by 2040. The retailer has set out a detailed roadmap to net zero using science-based targets aligned to the UN ambition of limiting global warming to 1.5c.

Planning 40

Planning Accounting Returns ATS 40

Retail Next

JULY 16, 2020

As we move forward into this new normal of continuing social distancing, wearing masks, and washing our hands, the million dollar question is, when will we return to life as we once knew it? In spite of slow-to-recover traffic metrics, other sales KPIs are showing positive increases to last year. HOME CATEGORY AS A BRIGHT SPOT.

ATV 52

ATV Drop-Shipping Apparel Jewelry 52

Rangeme

FEBRUARY 5, 2024

In this article, we’re diving into the world of analytics, where we unravel the intricacies of return on investment (ROI), conversions, loyalty, and how they shape the success of your CPG marketing efforts. Now, it’s time to delve into the pivotal role of metrics in your marketing strategy. Let’s jump in!

Marketing Spend 52

Marketing Spend Marketing Advertising Returns 52