Inside Retail

JANUARY 26, 2023

That reticence was backdropped by significant operating costs at Milkrun, which eschews the independent contractor model and uses employees to deliver groceries. At the same time, the return of in-person shopping after Covid-19 restrictions bit into the sector’s lockdown-era market share.

Operating Expenses 246

Operating Expenses Supermarket Returns Marketing 246

Retail TouchPoints

MARCH 24, 2021

Destination XL, which operates the DXL Big + Tall and Casual Male XL brands and ecommerce sites including dxl.com, has pivoted its operations to recover from the pandemic. Efforts include adjusting its product assortment, negotiating relief in occupancy costs and restructuring its operating expenses.

Operating Expenses 168

Operating Expenses Apparel Returns Planning 168

Retail TouchPoints

MARCH 3, 2023

Dollar Tree’s outlook includes about $430 million in operating expenses across a number of investments, including plans to increase average wages by $2 per hour. “We Walmart has already warned of an economic slowdown in the coming year, noting that shoppers’ savings rates are about half of what they were during the pandemic.

Markdowns 261

Markdowns Operating Expenses Department Stores Planning 261

Retail TouchPoints

AUGUST 7, 2023

A few days before reporting Q2 earnings, Wish also announced plans to cut approximately 34% of its workforce, or about 255 employees, in order to “refocus the company’s operations.” million in severance and other expenses and be completed by the end of the year, resulting in annualized savings of $43 to $46 million beginning in Q4.

Merchant Services 194

Merchant Services Drop-Shipping Shipping Payment Services 194

Cisco Retail

JULY 27, 2021

Organizations have been rapidly adopting new digital and cloud capabilities and are now faced with determining what types of technology investments they need as their workforce begins to return to the office. As they invest in new technologies, CIOs must determine how to pay, consider return on investments and their budget.

Payment Services 145

Payment Services Operating Expenses Returns Planning 145

Retail TouchPoints

MAY 29, 2020

Costco reported a successful quarter, while Nordstrom and Abercrombie discussed plans to handle the fallout. of its locations and plans to have all stores operational again by the end of June. Costco posted a 7.3% sales increase for Q1 2020, largely fueled by a 66.1% jump in e-Commerce sales.

Department Stores 151

Department Stores Operating Expenses Store Operations Apparel 151

Cisco Retail

JUNE 9, 2022

As soon as we pulled employees from offices during the beginning of the pandemic, we started envisioning our return-to-office scenario. By stepping back during the pandemic and taking the time to plan a new work experience for our employees after return to office, we were able to redesign and rethink the way we work.

Beauty and Health 105

Beauty and Health Operating Expenses Returns Management 105