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Abercrombie & Fitch posts strong results despite tightening market

Inside Retail

The company’s operating expenses were up 6 per cent, driven by increases in incentive compensation, store occupancy and technology costs while operating income reached $90 million compared to an operating loss of $2 million last year.

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Maximizing Profitability: How to Improve 4 Key Areas of the CPG Product Lifecycle

Retail TouchPoints

Consumer packaged goods (CPG) companies are obsessed with two things: maximizing revenue and minimizing operational expenses. The resulting data can be a gold mine for product leaders trying to tweak marketing messages, adjust to negative reception or build brand affinity. existing knowledge).

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Grove Collaborative’s DTC active customers decline amid profitability focus

Retail Dive

Operating expenses dropped 38.5% in Q3 and the company's new CEO Jeff Yurcisin told Retail Dive that reining in marketing spend is the right long-term decision.

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Milkrun seeks investment as a perfect economic storm hits instant delivery

Inside Retail

At the same time, the return of in-person shopping after Covid-19 restrictions bit into the sector’s lockdown-era market share. Voly, SEND , and Quicko are no longer, after operating expenses collided with rising input costs and a lack of investor appetite.

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Bad debt blowout fuels massive Afterpay loss

Inside Retail

The company’s operating expenses – in particular its bad debts – ballooned out from $72.1 Other rising expenses included a higher commitment to marketing the brand. Block had already warned the market to expect bad news before releasing Afterpay’s latest results. million a year ago to $176.8

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Wish Sold to Asian Ecommerce Platform Qoo10 for $173 Million

Retail TouchPoints

ContextLogic CEO Joe Yan said that he expects the acquisition to be beneficial to both Wish’s sellers and its shoppers: “Integrating the Wish platform into Qoo10 will create a true global cross-border ecommerce platform to support the massive market demand ,” said Yan in a statement. The very next month Temu debuted in the U.S.

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It’s Not Really Free Delivery!

Hyken

But some brilliant marketers must think the public won’t know the difference. It’s in the price you pay. I’m okay with that, and it’s actually a pretty good marketing strategy that works. It markets the heck out of Two Bags Fly Free®. It’s not free if you have to pay $99 for it! It’s not really free. Either way, I’m happy.