Inside Retail

MARCH 19, 2024

Selling online in the US can be lucrative, as many Australian retailers and brands are discovering. Baby steps Daly says retailers eyeing the US market should not try to create a “one size fits all experience”. Don’t outsource your inventory and localise your entire website on day one. Begin with baby steps, she advocates.

Planning 290

Planning Shipping Returns Customer Retention 290

Inside Retail

AUGUST 7, 2023

In a trading update issued today based on unaudited accounts, the company said it expects to report a 12.5 Online sales accounted for 20.5 CEO John King said the business continues to “tightly” manage costs, inventory and cash to ensure a strong balance sheet as it begins its new calendar year. per cent increase in sales to $3.4

Department Stores 246

Department Stores Accounting Returns Planning 246

Retail TouchPoints

JUNE 2, 2023

Smart retailers are realizing that their increasingly complex omnichannel offerings have made strong supply chain management more important than ever. Retailers need to handle inventory in stores and distribution centers, keep an eye on both digital and physical shelves and keep costs down with efficient logistics and routing.

Inventory Management 265

Inventory Management Management Fulfillment Supply Chain Management 265

Retail TouchPoints

NOVEMBER 28, 2022

Macy’s has converted space in 35 of its stores to serve as mini distribution centers (DCs) for online orders as the retailer anticipates a continuation of strong digital demand. The news was announced on the company’s Q3 2022 earnings call Nov.

Fulfillment 259

Fulfillment Shipping Accounting ATS 259

Retail TouchPoints

APRIL 25, 2022

Supply chain management is the heart of retail management and has the ability to inform the overall health of a business. Customer loyalty is paramount to building a scalable business model, and the availability of inventory coupled with the guarantee of delivery will ultimately allow a business to meet and exceed its KPIs.

Supply Chain Management 304

Supply Chain Management Inventory Management Shipping Management 304

Inside Retail

MARCH 22, 2023

Australian manufacturers are dangerously overstocked, carrying an average $231,700 in additional products or ingredients, according to research from inventory management software provider Unleashed. Comparing, say, beverages and construction, you’re often looking at very different inventory models.

Inventory Management 264

Inventory Management Accounting Management Marketing 264

Inside Retail

MARCH 7, 2024

Inside Retail’s Top 50 People in E-Commerce is an annual ranking of the most impressive and inspiring leaders in Australia’s online retail industry. Inside Retail : Tell me about your career journey. You can download it here. Were you always interested in working in the e-commerce industry?

Fulfillment 249

Fulfillment Shipping Returns Inventory Management 249

Inside Retail

NOVEMBER 8, 2023

“Accounting for approximately 60 per cent of total net sales, the US region represents our greatest opportunity for growth and brand expansion,” said Ciaran Long, interim CEO and CFO at AKA Brands. . The post Culture Kings Vegas store thrives, while AKA’s ANZ business struggles appeared first on Inside Retail Australia.

Accounting 264

Accounting Returns ATS Accessories 264

Retail TouchPoints

MARCH 7, 2024

Beyond, Inc. — parent company of Bed Bath & Beyond and Overstock.com — has acquired the intellectual property of defunct flash-sale retailer Zulily , following that platform’s abrupt wind-down of its business in late 2023. Newly appointed Beyond, Inc. Beyond paid $4.5

Planning 258

Planning Home Furnishings Jewelry Fulfillment 258

Retail TouchPoints

JANUARY 6, 2023

While the 2022 holiday season was by all accounts a success, retailers may want to buckle down as they head into the new year: four out of 10 U.S. Consumers are a little more cautious,” said Steve Rogers, Managing Director at Deloitte in an interview with Retail TouchPoints. “ Retailers Must Show Economic Empathy.

Payment Services 339

Payment Services Promotions Consumer Inventory Management 339

Inside Retail

OCTOBER 25, 2022

Trans-Tasman online retailer Kogan says the business recorded “subdued” sales movement in its first quarter. Based on unaudited management accounts, group sales across Kogan, Dick Smith and Matt Blatt divisions – and its New Zealand subsidiary Mighty Ape – fell 38.8 per cent to $203.3 million while the active customer base declined 12.3

Accounting 243

Accounting Returns Management Consumer 243

Retail TouchPoints

SEPTEMBER 14, 2023

that delivers pretty much any item to a consumer with science fiction-style immediacy, retailers remain bound by 21 st -century delivery methods. in an interview with Retail TouchPoints. in an interview with Retail TouchPoints. Until someone invents a Star Trek -style replicator (“Tea. Unemployment is at 3.5%

Fulfillment 265

Fulfillment Shipping Supply Chain Management Consumer 265

Inside Retail

NOVEMBER 6, 2023

In an era when customers are demanding more personalised interaction and service from retail staff, there is no longer any room for inefficiencies in in-store execution. Zebra Workcloud offers solutions to help retail workforces run smarter and more efficiently – and ensure employees are inspired, satisfied and committed. “We

Inventory Management 299

Inventory Management Promotions Management Shipping 299

Retail TouchPoints

OCTOBER 6, 2023

Accurate demand forecasting is the bedrock of efficient inventory management — a vital logistics function that should be operating at peak performance levels during the holiday shopping season when consumers expect the inventory they want to be available. Returns are an inevitable part of retail. 1: Demand forecasting.

Fulfillment 288

Fulfillment Returns Shipping Promotions 288

Retail TouchPoints

DECEMBER 2, 2021

Online retail is a main target for cyberattacks, and bad bots play a primary role. To avoid these problems, retailers need effective filtering tools to block malicious traffic, sufficient bandwidth and other resources for absorbing even massive DDoS assaults, and the ability to autoscale resources as needed to minimize expenses for usage.

Payment Services 250

Payment Services Accounting Consumer Shopping 250

Retail TouchPoints

FEBRUARY 2, 2022

Salesforce’s goal for its Commerce Marketplace is to help retailers drive revenue growth by increasing cart sizes, earning commissions and receiving membership subscription revenue from vendors. The platform also aims to help retailers expand into new categories with no inventory required.

Accounting 274

Accounting Shopping Consumer 274

Retail TouchPoints

MARCH 5, 2024

These days, it seems like every major retailer has its own channel for serving ads, and advertisers are seizing this opportunity eagerly, to the tune of $114.4 It just takes understanding the building blocks of a retail media network (RMN) and what’s required to put them in place effectively. First-party customer data.

Advertising 261

Advertising Marketing Accounting Planning 261

Inside Retail

JANUARY 30, 2024

Retailers worldwide may be facing challenging times right now, but the evolution of technology – including the deployment of AI – is opening the way to dramatic improvements in productivity at all stages of the retail business model.

Loss Prevention 147

Loss Prevention Shrinkage Inventory Management Markdowns 147

Retail TouchPoints

FEBRUARY 27, 2024

In the last several years, retailers have increased the speed with which they have built online and mobile app presence. With this evolution into digital sales and the increased use of data mining, retailers are facing unprecedented challenges in digital security. Conducting a third-party audit of cybersecurity protocols.

Payment Services 263

Payment Services Wholesale Store Layout Inventory Management 263

Retail TouchPoints

MAY 18, 2023

A well-crafted data strategy is the elixir to growth, especially for fast-growing brands with a strong omnichannel strategy,” Lisbona said in an interview with Retail TouchPoints. In 2019, Touchland closed deals with notable retail partners like Urban Outfitters , Bloomingdale’s and Neiman Marcus.

Planning 262

Planning Accounting Wholesale Consumer 262

Retail Focus

AUGUST 8, 2023

Running a successful retail business involves juggling multiple tasks and responsibilities. In this article, we explore different aspects of retail business operations that you should consider outsourcing. Order Fulfillment When outsourcing, retailers can benefit from streamlined inventory management, order processing, and shipping.

Loss Prevention 130

Loss Prevention Inventory Management Inventory Turnover Shrinkage 130

Retail TouchPoints

MARCH 17, 2022

Buy Now is designed to make any retailer-owned touch point shoppable. The solution uses stored address and payment credentials from customers’ accounts, with the goal of reducing friction for repeat buyers and reducing checkout times.

Checkout 248

Checkout Accounting Shopping 248

Retail TouchPoints

FEBRUARY 14, 2024

The site, aimed at bringing off-price inventory from Simon’s malls online, now features more than 300 brands and as of last September, sales were up 100% year over year. Retail TouchPoints: What makes SPO stand out in the sea of other marketplaces? In either case, why don’t you [use SPO] as an extra valve for that inventory ?”

Shopping 198

Shopping Fulfillment Advertising Location 198

Retail TouchPoints

SEPTEMBER 22, 2023

Retailers increasingly strike balances between direct-to-consumer ecommerce and omnichannel strategies to keep products in stores and in front of consumers. But there are greater opportunities for leading retailers to integrate their omnichannel experiences and create seamless ecommerce and in-store experiences. Retailers have options.

Shipping 257

Shipping Wholesale Fulfillment Consumer 257

Inside Retail

MAY 21, 2023

With global plus-size fashion retailer City Chic’s sales impacted by reduced promotional activities, a strategic review has been launched to find ways to improve performance. According to a trading update based on unaudited accounts for the 45 weeks to May 14, group sales fell 15.2 per cent to $262.2 per cent to $122.1

Promotions 130

Promotions Returns Fashion Accounting 130

Retail TouchPoints

JULY 12, 2023

The past few years have been a rollercoaster ride for the retail industry. A survey from this year’s World Retail Congress suggests that the uncertain times aren’t over for the industry. A survey from this year’s World Retail Congress suggests that the uncertain times aren’t over for the industry.

Payment Services 229

Payment Services Inventory Management Checkout Loss Prevention 229

Retail TouchPoints

JANUARY 11, 2023

Microsoft is gearing up to take a bigger piece of the growing retail media pie with the debut of a suite of new capabilities through its PromoteIQ marketing platform, which the company acquired in 2019. Retail media spend is projected to reach more than $61 billion in the U.S.

Advertising 293

Advertising Planning ATS Marketing 293

Retail Minded

DECEMBER 21, 2022

The retail business has been around since time immemorial and it has grown to be one of the most prominent industries in the world. Managing and accounting the finances of a retail business is not an easy job, but it has to be done efficiently to ensure the business can diligently track revenues and losses. .

Accounting 52

Accounting Inventory Management Point of Sale Management 52

Retail TouchPoints

JANUARY 12, 2023

We hear it from retailers all the time. They know there are many benefits for having a retail store there. They know there are many benefits for having a retail store there. But they don’t have the time or resources to figure out why their sales on the internet’s largest retail site aren’t doing better.

Fulfillment 268

Fulfillment Advertising Accounting Planning 268

Retail TouchPoints

OCTOBER 14, 2022

Established retailers exploring how a marketplace model would best fit into their business strategy have a common question — what’s the difference between dropship and marketplace fulfillment that utilizes third-party sellers, and how can it benefit their business? The answer is, quite a lot.

Fulfillment 276

Fulfillment Management Accounting Retailing Pricing 276

Inside Retail

JANUARY 24, 2022

“While we are seeing Omicron impact sales post Christmas, we will continue to focus on growing our strong online business, ongoing engagement across our Myer One program and disciplined management of costs and inventory,” CEO John King said in a statement. Online sales now account for 27.7 per cent of group turnover, up from 20.2

Department Stores 246

Department Stores Accounting Management Planning 246

Retail TouchPoints

JUNE 22, 2022

Shopify has launched a number of new integrations aimed at helping retailers meet shoppers wherever they are — across social media, stores and in-person events. The partnership is designed to help retailers meet shoppers on Twitter at the right moment along their journey, whether it’s for discovery, inspiration or consideration.

Merchant Services 276

Merchant Services Payment Services Social Commerce Shopping 276

Retail TouchPoints

SEPTEMBER 21, 2020

During our annual 36|86 Festival in August, a panel of experts and founders across the retail industry came together (virtually) to address what trends and consumer habits have changed specifically, how they’ve adapted to serving customers, and what the outlook looks like for the future for small businesses, e-Commerce and logistics.

Accounting 267

Accounting Wholesale Fulfillment Planning 267

Retail Gazette

FEBRUARY 22, 2024

Artificial Intelligence (AI) is revolutionising the retail industry, fundamentally changing how businesses operate and interact with customers. With the integration of AI-powered technologies, retailers can enhance customer experiences, optimise operations and drive revenue growth.

Inventory Management 122

Inventory Management Checkout Inventory Turnover Promotions 122

Retail Focus

MARCH 6, 2024

Expert Manager at Univers Retail | Published author | Visiting lecturer. In the digital age, luxury retail is facing unprecedented challenges, including the proliferation of counterfeit goods and the increasing shift to online shopping. Benefits of Blockchain in Luxury Retail. Ghalia BOUSTANI.

Inventory Management 148

Inventory Management Fashion Customer Experience Consumer 148

Inside Retail

JULY 6, 2023

The end-of-year peak period is a critical time for the retail industry. The weeks leading up to Christmas, Cyber Monday, and Black Friday typically see a surge in promotional activity that can account for a significant portion of a brand’s annual revenue. Hango-Zada is predicting this year’s peak season will be “another big one”.

Fulfillment 242

Fulfillment Shipping Promotions Returns 242

Inside Retail

MARCH 25, 2024

In an era of fierce competition to attract consumers’ tightening budgets, customer experience has become the key edge retailers can deploy to stand above the competition. In this day and age, that is pretty much every Australian retailer. In this day and age, that is pretty much every Australian retailer.

Customer Experience 243

Customer Experience Merchant Services Checkout Payment Services 243