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RFG settles unconscionable conduct case brought by ACCC

Inside Retail

Michel’s marketing fund. The ACCC had alleged certain payments had been made from the Michel Patisserie’s marketing fund for expenses that were not legitimate marketing expenses and had not been adequately disclosed to franchisees nor agreed to by a majority of franchisees. Waiving historical debts.

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RFG settles unconscionable conduct case brought by ACCC

Inside Retail

Michel’s marketing fund. The ACCC had alleged certain payments had been made from the Michel Patisserie’s marketing fund for expenses that were not legitimate marketing expenses and had not been adequately disclosed to franchisees nor agreed to by a majority of franchisees. Waiving historical debts.

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Mall Operator PREIT Exits Bankruptcy, Goes Private and Replaces CEO

Retail TouchPoints

PREIT Realty has emerged from bankruptcy in an expedited process, reducing its total debt by approximately $835 million , extending its maturity runway and receiving commitments of about $130 million in new debtor-in-possession financing and exit revolver financing from a diverse group of investors. portfolio of 150+ retail centers.

Finance 173
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Retail Loyalty’s Moment is Now

Retail TouchPoints

This approach, which we call Marketing in the Moment , is how retailers can transform an environment that seems inhospitable to brand and store loyalty into an opportunity to engage shoppers more effectively and increase their lifetime value. What is Marketing in the Moment? when that shopper prefers to receive content).

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Retail’s New Normal: Here’s What Retailers Should Focus On As The Country Continues To Reopen

Retail TouchPoints

The COVID-19 pandemic brought into sharp focus which retailers were better prepared to weather massive market disruption and which were not. The retailers that can win over the largest customer base, and market and sell to them effectively, will be the winners.

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BNPL: A Win-Win for Retailers and Consumers as the Holidays Approach

Retail TouchPoints

BNPL is a financing option that makes sense from a consumer perspective. BNPL is a trend that promises to endure because the market demands it. Innovative organizations that adapt their sales and returns infrastructure accordingly will reap the rewards of bigger basket sizes and repeat customers. BNPL is Here to Stay.

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Designer labels for 15-year-olds? New generation splashes on luxury

Inside Retail

Younger consumers from Gen Z, or those born between 1996 and 2012, as well as the so-called Millennials born in the 1980s and early 1990s — fuelled the luxury market’s growth this year, according to the Bain report. These generations began making luxury purchases between the age of 18 and 20 years old.

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