Independent Retailer

SEPTEMBER 5, 2022

Retailers who overstocked during the pandemic are now stuck hoarding a mountain of goods in their warehouses that they cannot shift. Without the ability to target these cash flow blockers lurking in the stockroom, retail businesses have struggled with intelligently solving their inventory issues. The result?

Drop-Shipping 89

Drop-Shipping Markdowns Planning Returns 89

Retail Minded

AUGUST 27, 2022

meant retailers were overwhelmed with demand. Stockouts were disastrous for retailers during the pandemic – up by 250% (Adobe, 2021) – and with 37% of consumers saying they’d simply shop elsewhere if they couldn’t find what. would emerge, sending retailers across the globe into a state of cash flow paralysis.

Merchant Services 98

Merchant Services Drop-Shipping Markdowns Planning 98

Retail Focus

DECEMBER 10, 2021

Following another year of turbulence, it’s no surprise there is still a great deal of uncertainty in the retail industry. uplift in UK retail sales this year point to plenty of opportunities for firms to harness — with a further eight in 10 CEOs already looking forward to bigger gains in 2022. . Estimates of a 4.2%

Consumer 311

Consumer Shopping Promotions Fashion 311

Retail Gazette

JULY 18, 2023

It comes as M&S chair Archie Norman told shareholders that he was “not happy” with Ocado Retail’s performance at its AGM earlier this month. The online giant revealed this morning that Ocado Retail made a £2.5m The payment is contingent on Ocado Retail’s performance in the year to November 2023.

Planning 98

Planning ATS 98

Inside Retail

DECEMBER 1, 2021

In a retail career spanning over 30 years, the global supply chain crisis caused by Covid-19 has been one of the most challenging situations Greenlit Brands boss Michael Ford has ever faced. If you manage that efficiently, it can be cash flow positive, and we’ve found ourselves in that situation.”.

Shipping 147

Shipping Management Apparel Accounting 147

Retail Minded

JULY 3, 2022

The crisis is so severe that more than a third of retail businesses (31%) are in danger of running out of cash within eight weeks if things do not improve – threatening their survival. Supply chain problems have added 23% to the average retail businesses’ costs in the last year, according to the survey.

Wholesale 124

Wholesale Planning Shipping Point of Sale 124

Inside Retail

JANUARY 28, 2024

The Federal Government’s policies to reduce inflation and cost-of-living pressures could be the last roll of the dice for thousands of struggling retailers. Insolvency specialists are forecasting a shakeout of struggling retailers facing expected tightening economic conditions and legacy debt.

Consumer 233

Consumer ATS 233

Retail Minded

NOVEMBER 13, 2022

As the ‘golden quarter’ once again rolls around – the third since the pandemic began – retailers have learnt from experience to expect a direct challenge to business. . Many retailers already plan to follow suit, running mass promotions for extended periods in the lead-up to Christmas day. . A Shift In Focus .

Merchant Services 87

Merchant Services Planning Promotions Marketing 87

Retail TouchPoints

JULY 2, 2020

Despite an increase in e-Commerce activity since quarantine measures were introduced, retailers, placed in a state of economic emergency, are facing sharp drops in sales. As a result of the crisis, store closures and supply chain disruptions, there has been a drop in sales in stores and e-Commerce.

Finance 235

Finance Marketing Planning Promotions 235

Independent Retailer

NOVEMBER 21, 2022

4 Tactics to Grow and Protect Cash Flow. As the ‘golden quarter’ once again rolls around — the third since the pandemic began — retailers have learnt from experience to expect a direct challenge to business. The golden quarter is, by definition, the biggest season for retailers. 4 Tactics to Grow and Protect Cash Flow.

Shopping 73

Shopping Merchant Services Consumer Planning 73

Retail Times

SEPTEMBER 20, 2021

A survey conducted this month by Juno, the digital payments platform, shows that the late payment crisis is impacting small business mental health.

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Retail TouchPoints

JUNE 10, 2020

However, the company expects weekly cash flow to become positive by the end of June, and it is expanding its drive-thru and curbside pickup options to enhance operations as customers shift to contactless options. The retailer plans to continue growing despite these setbacks. Starbucks expects a revenue loss as high as $3.2

Planning 131

Planning Location Marketing Fulfillment 131

Inside Retail

DECEMBER 13, 2022

However, just a few years later, there’s an amazing range of retail businesses in Wagga that cover all bases for women living in the local area. About 28 per cent of the Australian population live in rural and remote areas, and with these locations come distinct opportunities and challenges for retailers in these areas. .

Boutique 130

Boutique Location Fashion Shopping 130

Retail Gazette

AUGUST 3, 2023

Over the past year the business has struggled with a lack of cash and poor availability, which had led to many shoppers ditching the retailer. In recent weeks, the retailer’s owners had been exploring a sale of a controlling stake as it raced to secure the chain’s future. It also made a £35.9m

Payment Services 98

Payment Services Location Management Planning 98

Retail Gazette

AUGUST 3, 2023

Over the past year the business has struggled with a lack of cash and poor product availability, which had led to many shoppers ditching the retailer. In recent weeks, the retailer’s owners had been looking to sell a controlling stake as it raced to secure the chain’s future. It also made a £35.9m

Payment Services 95

Payment Services Location Management Planning 95

Inside Retail

AUGUST 25, 2022

We recently asked a number of retail leaders to share their tips for getting through an economic recession, and we received so many great responses that we decided to turn it into a multi-part series. One of the concerns analysts have about the current market is that some retail brands are getting over-inventoried, or overstocked.

Drop-Shipping 130

Drop-Shipping Markdowns Management Shipping 130

365 Retail

OCTOBER 27, 2022

And when you add on the specific challenges characterising this year – from supply chain bottlenecks to the cost of living crisis – there’s a lot to contend with. 2 – Managing your cash and budgets. You need to balance your stock and cash levels; if your stock is high, consider discounting. 6 – Funding.

Checkout 98

Checkout Finance Social Commerce Advertising 98

A1 Retail

MARCH 29, 2023

Tom Pope, Head of Payments and Platforms at Tink talks to A1 Retail about how retailers can overcome the refund conundrum with payment solutions. Slow refunds are never ideal, let alone against an ongoing cost of living crisis, where the need for cashflow has become crucial in helping consumers navigate this difficult climate.

Payment Services 98

Payment Services Returns Finance Customer Experience 98

Retail Minded

NOVEMBER 12, 2022

Black Friday is now fast approaching, and many retailers are reassessing their strategies for this year’s event in light of the ongoing cost-of-living crisis. According to research from LoyaltyLion , 68% of consumers are waiting for Black Friday weekend to make holiday gift purchases, due to the cost-of-living crisis.

Consumer 52

Consumer Promotions Planning Shopping 52

Retail Minded

OCTOBER 30, 2022

A poll of 250 retailers found 45 per cent have surplus goods they’re desperate to offload – with fashion, toys and gifts, baby and toddler the sectors struggling the most being . Understandably, 59 per cent are concerned about the ramifications of this on their firm’s cash flow. Contributed by Brightpearl.

Consumer 52

Consumer Fashion Planning Marketing 52

Retail Bound

NOVEMBER 22, 2021

One of the most disastrous effects of this global shipping crisis is the staggering increase in cost to ship. The best-case scenario is to create a negative cash conversion cycle, where you can sell your product before you have to pay to fulfill it. Gets cash in your hands now. Gets cash in your hands now.

Shipping 52

Shipping Fulfillment Customer Experience Finance 52

Retail TouchPoints

JUNE 2, 2020

While the world is busy bending the curve in the fight against the COVID-19 pandemic, retailers are busy bending a curve of their own — the cost curve — as businesses f ight for survival. Though retailers are tempted to cut costs through the reduction of human capital, many are doing so without considering the long-term impact.

Management 184

Management Returns Marketing ATS 184

365 Retail

AUGUST 15, 2022

The responsible retail choices trend also extends to Brits seeking out sustainable pieces that offer longevity, with new research pointing to 50% of Brits shopping sustainably when possible, particularly amongst Gen Zs, with 59% opting for the greener options.

Fashion 64

Fashion Consumer Shopping Accounting 64

Inside Retail

JANUARY 11, 2022

Inside Retail : When I spoke with Gerry Harvey a few months into the Covid-19 pandemic in 2020, he described it as one of the best things for his business because of how much people were spending on their homes. It has probably been the most challenging situation any retailer could face, and it has culminated in a supply chain hiatus.

Apparel 130

Apparel Returns Accounting Management 130

Inside Retail

JUNE 27, 2023

Marquee Retail Group, the parent company of Colette by Colette Hayman (CBCH) and The Daily Edited (TDE), is aiming to expand its market share through acquisitions and expansions. In an interview with Inside Retail , he discussed how CBCH and TDE are rebounding following collapse, as well as his plans to expand in the years to come.

Accessories 130

Accessories Promotions Fashion Planning 130

Retail Next

MARCH 18, 2020

It’s often said ‘there’s never a dull moment in retail,’ and perhaps the saying has never rung more true than now. Ordinarily, in North America, March is about as dull as it gets in retail – after the holidays and Valentine’s Day, before Mother’s Day and ‘Dads & Grads.’ . Manage Your Cash Flow and Revisit Budgets.

Planning 64

Planning Jewelry Management Promotions 64

Rangeme

MARCH 17, 2022

It may also make sense during periods of change and disruption— the COVID-19 crisis, for example—when your business may be in a very different place since the last time it set budgets. Whichever approach you go for, make cash flow an important part of your budget planning.

Marketing 52

Marketing Planning Advertising Fashion 52

Retail Minded

JUNE 9, 2021

Over the past decade, the retail real estate sector has experienced a 4 – 5% annual growth—with net commercials and retail square footage increasing. Yet, despite the gains, the insolvency rate is ever increasing as many small-scale retailers continue to feel the brunt of COVID-19. What Is Retail Real Estate?

Supermarket 59

Supermarket Apparel Shopping Management 59

Mass Relators

NOVEMBER 9, 2022

At the same time, retailers and suppliers alike are also facing rising costs of doing business. Peapod Digital Labs announced plans to build an end-to-end, in-house retail media business, building on the existing AD Retail Media network. In the U.S.,

Advertising 52

Advertising Shopping Marketing Planning 52

Rangeme

MARCH 16, 2022

The Omicron variant of COVID-19 threatens to disrupt the global retail sector to an extent not seen since the first pandemic outbreak two years ago. Retailers and their suppliers face a string of problems. Retailers, meanwhile, face staff shortages of their own, as well as the growing frustrations of their customers at empty shelves.

Shipping 52

Shipping Supermarket Planning Fulfillment 52

Retail Minded

JANUARY 8, 2022

In fact, data shows that 82% of small businesses do fail because of cash flow problems. So, how do you get better at managing cash? This article is for small business retailers looking for advice on how to manage their company’s finances. Here are four money management strategies you need to know: . Master Budgeting .

Management 52

Management Finance Accounting Operating Expenses 52

Rangeme

NOVEMBER 16, 2021

Holidays, and the downtime that typically follows them, are usually anything but for retailers and the product providers that stock their shelves; as most people are preparing to wind down, the consumer sector is gearing up to serve them. holiday in November are a big deal in the U.K. and the Netherlands. What are your shippers’ requirements?

Promotions 52

Promotions Planning Consumer Marketing 52

Retalon

OCTOBER 24, 2023

Retailers are empowered by AI and ML technology driven analytics to optimize inventory and eliminate the $50B overstock crisis. Some retailers are facing backlash over images showing piles of unsold inventory that have been burnt or destroyed. In 2018 retail giant H&M disclosed that they had $4.3

Markdowns 41

Markdowns Fast Fashion Consumer Accessories 41

Independent Retailer

DECEMBER 23, 2022

Wholesale inventory bloat, combined with a softening demand in the economy, is taking its toll on cash flow and earnings at retailers. . Retailers were sitting on $739.5 This is why inventory management is key, especially as retailers look to deal with unsold merchandise after the holidays. Census data.

Inventory Management 76

Inventory Management Wholesale Management Markdowns 76

A1 Retail

JULY 11, 2023

The higher temperatures inspired shoppers to renew their summer wardrobes, with spending at clothing retailers rising 4.0 percent), sports and outdoor retailers returned to growth (1.1 Difficult quarters lie ahead as the surge in interest rates continues to put pressure on household cash flows. percent) since January.

Outdoor 40

Outdoor Supermarket Beauty and Health Consumer 40

Retail Gazette

OCTOBER 19, 2023

As the pair continue to build their empires, Retail Gazette looks at what businesses the two groups own and their timeline of acquisitions. Acquisitions SportScheck Acquired: October 2023 Frasers Group revealed this week it was set to add leading German sports retailer SportScheck to its rapidly increasing portfolio.

Fashion 64

Fashion Fast Fashion Planning Boutique 64

Retalon

FEBRUARY 14, 2022

Retailers are empowered by AI and ML technology driven analytics to optimize inventory and eliminate the $50B overstock crisis. Some retailers are facing backlash over images showing piles of unsold inventory that have been burnt or destroyed. In 2018 retail giant H&M disclosed that they had $4.3

Markdowns 41

Markdowns Fast Fashion Consumer Accessories 41