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Chain Retailers Seeing More Than Retail Energy Savings in Outsourcing Energy Efficiency Management

Retail TouchPoints

Lowe’s signed a renewable energy agreement in November 2018 that will provide for enough energy to power all of its 143 stores in Texas. Department of Energy (DOE) reports that retail buildings account for the largest energy costs of any commercial sector in the country. How is this managed? What level of capital is involved?

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Claire’s Files for IPO as it Expands Presence Outside of Malls

Retail TouchPoints

compared to the same period in 2019, showing significant growth since its exited from bankruptcy in 2018. members accounted for half its sales in the country in the first half of fiscal 2021. Current owners Elliott Management and Monarch Alternative Capital will retain control over Claire’s following the IPO.

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Shein sued for US$100 million by artist over ‘stolen’ design

Inside Retail

Stephenson has filed a suit against Zoetop Business Co, the Hong Kong-headquartered company trading as Shein, and Delaware, US-registered Shein Distribution Corp, based in California, with four claims covering copyright infringement, and the editing or absence of copyright management information.

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Online powers Premier Investments to profit despite mass store closures

Inside Retail

Online channels accounted for nearly one-quarter of Premier Investments’ sales last year as government mandates caused stores to be shuttered. Compared with the 2018-19 year – before the advent of the pandemic – overall sales were up 17.8 per cent to $1.5 billion for the year, with tax-paid profit up 4.9 per cent to $285.2

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Brush Up on Accounting with a QuickBooks Course

Small Biz Trends

Managing your company’s books requires teaching yourself special skills in different accounting software. And there are many different accounting software available. QuickBooks is one of the most popular accounting software packages and is specifically designed for small and medium level businesses. hours long.

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Walmart Tests New Text-to-Shop Service

Retail TouchPoints

The retailer had a service called Jet Black, which let high-end NYC shoppers text orders for on-demand products ranging from cosmetics to party décor, that launched in May 2018 and was shuttered in February 2020. This isn’t Walmart’s first foray into text-to-shop.

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WSJ: Apple Raises Starting Associate Pay to $22/Hour Amid Rising Inflation

Retail TouchPoints

The increase would make starting salaries 45% higher than they were in 2018 as the retailer faces the challenges of a tight labor market and a unionization push. Apple is reportedly planning to boost starting pay for U.S. store associates to $22 per hour, and even higher in certain markets, according to The Wall Street Journal.