Retail TouchPoints

MAY 27, 2022

store associates to $22 per hour, and even higher in certain markets, according to The Wall Street Journal. 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.

Accounting 290

Accounting Marketing Location Planning 290

Retail TouchPoints

MAY 19, 2022

The company underwent several rounds of jobs cuts and a $200 million dollar restructuring in 2018, followed by an SEC investigation into its accounting practices in 2019. Frisk’s remit when he joined was to reengineer Under Armour’s structure, systems and go-to-market process. Browne has held the role of COO since 2020.

Wholesale 288

Wholesale Accounting Returns Marketing 288

Retail TouchPoints

MAY 18, 2023

Thanks to its core product — stylishly packaged, “beauty forward” hand sanitizers crafted in partnership with the well-known Givaudan perfume house — the brand achieved a $60+ average order value (AOV) from its inception in 2018. We can see how geo-localized marketing initiatives boost sales in specific geographies within the U.S.

Planning 278

Planning Accounting Wholesale Consumer 278

Retail TouchPoints

MAY 5, 2022

Chinwe Abaelu, SVP and Chief Accounting Officer, will serve as Principal Financial Officer until Torrid appoints a new CFO. As Torrid’s CCO, Muñoz will manage product, design, product development, fabrication, sourcing, technical fit, creative marketing and merchandising. Former PVH Corp.

Apparel 263

Apparel Accounting Management Consumer 263

Retail TouchPoints

FEBRUARY 22, 2021

In the end, Kerrits closed out 2020 with growth in both its wholesale and DTC channels, with the latter increasing by an impressive 150% , according to Sara Florin, Senior Director of Branding and Marketing at Kerrits in an interview with Retail TouchPoints. The company launched its DTC site on Shopify , and then Florin joined in late 2018.

Wholesale 264

Wholesale Marketing Accounting Outdoor 264

Retail TouchPoints

DECEMBER 8, 2023

You will want to consider the company’s knowledge, proficiency and understanding of not only the overall industry and market , but also the products you want to create and who you are creating them for. It’s also the speed at which you’re able to communicate with your account manager or designer.

Drop-Shipping 264

Drop-Shipping Apparel Accounting Shipping 264

Inside Retail

OCTOBER 5, 2022

These mega apps are widely used in Asia because mobile is the main form of access to the internet for many people in the region, wrote Scott Galloway, a New York University professor of marketing and co-host of tech podcast “Pivot,” last year. What are some examples of super apps? Have other US tech companies tried this?

Payment Services 241

Payment Services Accounting Planning Social Commerce 241

Retail TouchPoints

JANUARY 12, 2022

As M+A activity continues, convenience retailers are experiencing increased pressure to maintain market share. During 2020, the industry also saw some of its largest mergers in addition to witnessing dozens of smaller chains exit the market because of changing industry conditions. despite less than desirable market conditions.

Payment Services 277

Payment Services Wholesale Inventory Management Consumer 277

Retail TouchPoints

JULY 22, 2021

The shopping behemoth accounts for over half the ecommerce market on its own. Additionally, Amazon has acquired Whole Foods Market for $13.4 billion back in 2018. In 2018, over 3 out of every 100 retail workers suffered an injury or illness, requiring time off.

Payment Services 306

Payment Services Consumer Customer Experience Accounting 306

Inside Retail

OCTOBER 5, 2023

In the past few years, the lab-grown diamond market has grown exponentially. billion in 2021, according to global research and consulting firm Allied Market Research, it is expected to reach US$55.6 The rise of the synthetic diamond market The first known batch of lab-grown diamonds was created by General Electric in 1954.

Jewelry 246

Jewelry Consumer Marketing Accounting 246

Inside Retail

NOVEMBER 16, 2022

Akeroyd, who took over in April, will present his strategy alongside first-half results that will show the lingering impact of lockdown restrictions in China, Burberry’s biggest market. Leather goods account for around 20 per cent of Burberry’s sales versus 70 per cent at Bottega Veneta.

Fashion 278

Fashion Department Stores Planning Accounting 278

Inside Retail

NOVEMBER 24, 2024

He is an accomplished designer who studied arts in France 15 years ago before taking a job with a public relations consultancy in China’s capital, Beijing, where he worked on the account of Procter & Gamble, an FMCG company with a raft of hair and skincare products. Each market is quite different, so we are still learning.

Supply Chain Management 130

Supply Chain Management Consumer Marketing Boutique 130

Retail TouchPoints

JANUARY 2, 2024

Over the last decade, retail brands like H&M, Zara and Urban Outfitters have anticipated this trend and launched apps to keep up with the ecommerce boom — a smart move considering it’s predicted that m-commerce (or mobile commerce) will account for 40.4% of ecommerce sales in 2024. However, building an app isn’t a quick-fix solution.

Customer Experience 282

Customer Experience Consumer Marketing Accounting 282

Retail TouchPoints

MAY 16, 2022

Buy now pay later (BNPL) is one of the largest, fastest-growing and most well-funded segments in the fintech market. has grown by more than 300% per year since 2018, reaching 45 million active users in 2021. For instance, a cybercriminal could create 100 fake accounts to buy a variety of laptop computers.

Merchant Services 239

Merchant Services Payment Services Accounting Consumer 239

Retail TouchPoints

SEPTEMBER 22, 2022

Unfortunately, the facts indicate Kohl’s lacks the right leadership for the exceedingly challenging period ahead — one that will require the Company to reverse high-single-digit sales declines, contain capital expenditures and operating expenses, and immediately optimize fulfillment, marketing and merchandising.”. The fact is that Ms.

Operating Expenses 264

Operating Expenses Fulfillment Management Accounting 264

Inside Retail

JULY 27, 2023

McConnell told Inside Retail that the “tone at the top” matters more than people think, and that, in his experience, boards do a bad job of holding themselves accountable. Hosking stepped down from the role in 2018, with chief operating officer Barry Newstead taking over.

Accounting 242

Accounting Returns Management ATS 242

Retail TouchPoints

JULY 9, 2021

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. Lighting accounts for 50% of energy costs for non-food retailers.

Management 264

Management Accounting Customer Experience Finance 264

Inside Retail

JUNE 30, 2021

The global sustainable plastic packaging market is projected to grow by 5.6 billion by 2025, according to a study from Research and Markets. The study also indicated that the Asia Pacific region would account for the largest share in the sustainable packaging market in terms of value and volume between 2020 and 2025.

Department Stores 246

Department Stores Beauty and Health Accounting Promotions 246

Retail TouchPoints

JULY 10, 2020

However, other retailers proved they could fight back in paid search, where the retail giant’s beauty impressions fell by 20% between the start of 2018 and the end of 2019. The more focused grab for traffic had a significant impact on spend: the average Google Shopping ad budget rose 24% in 2018, but rose only 7% in 2019.

ATS 221

ATS Advertising Drop-Shipping Shopping 221

Inside Retail

MARCH 20, 2023

Following its launch in Australia in 2016, Danish retail group Bestseller has firmly entrenched its presence in the retail market, with the company making strides in its sustainability and circularity initiatives. Since launching the brand in 2018 in Australia and New Zealand, we’ve seen over 200 per cent increase in sales. [It]

Wholesale 236

Wholesale Fashion Shipping Department Stores 236

Retail TouchPoints

JUNE 9, 2021

According to Coresight Research ’s Inside the World of Amazon’s Private Label Offering report, Amazon now has over 22,617 products from 111 private label brands across nearly every category — three times the number of brands they had in 2018. Amazon controls the inventory, marketing and promotional strategy.

Consumer 312

Consumer Fashion Shipping Advertising 312

Retail TouchPoints

DECEMBER 27, 2022

Conversational commerce that includes programmable voice solutions have provided the ability to establish accounts, make purchases, pay by phone and receive delivery alerts — all using voice technology. Meeting and exceeding the expectations of customers is critical for retail brands as the market continues to become even more competitive.

Customer Experience 321

Customer Experience Consumer Accounting Marketing 321

Retail TouchPoints

OCTOBER 1, 2021

Inability to scale: What happens if you just executed a successful marketing campaign and demand for your product skyrockets? By concentrating less on logistics, businesses should focus on what they do best — designing, marketing and selling — in order to grow the business. Outsourcing Fulfillment.

Fulfillment 279

Fulfillment Shipping Accounting Apparel 279

Retail TouchPoints

JANUARY 20, 2022

And, according to KPMG’s 2018 Retail Trends Report , they account for up to 14% of the retailer’s overall cost of doing business. Vishal Patel is VP of Product Marketing and Technology at Ivalua. He has spent the last 15 years in various roles within the procurement and supply chain technology market.

Merchant Services 264

Merchant Services Clienteling Shipping Inventory Management 264

Retail TouchPoints

APRIL 7, 2023

The rise in cybercrime is increasing the market for tools and solutions to defend against hackers. For example, implementing two-factor authentication login methods can increase customers’ account security. This includes new types of insurance plans and preventive tools like AI and threat monitoring.

Planning 264

Planning Payment Services Accounting Consumer 264

Inside Retail

JULY 5, 2021

277 billion market. I felt women who require modesty were not satisfactorily being catered to in the modest swimwear market. When I started Modest Mermaid in 2018 I was shocked about the lack of options there were for women in the modest swimwear market,” she told Inside Retail. Combating segregation.

Fashion 246

Fashion Marketing Accounting Management 246

Retail TouchPoints

JUNE 9, 2023

According to Cooler Screens’ account, all was going well in the initial years of the arrangement, which included a successful three -month pilot in 2018 at six locations, followed by plans to expand to 2,500 stores.

Advertising 331

Advertising Planning Accounting Customer Experience 331

Inside Retail

OCTOBER 6, 2021

When Hannon Comazzetto started Australian re-commerce platform AirRobe in 2018, resale was still quite niche locally – pursued by a small but passionate group. The resale market is expected to grow five times in the next five years, so fashion brands and retailers really can’t ignore it. Tapping into gen Z spending power.

Payment Services 246

Payment Services Fashion Accessories Checkout 246

Retail TouchPoints

OCTOBER 4, 2022

Marketers have been gorging on them for decades, addicted to the delicious data they provide. As a digital marketer, you know where we’re going with this. Other kinds of cookies come with their own merits for marketers. Is contextual marketing the new black? Delicious in the moment but destructive in the long run.

Advertising 278

Advertising Drop-Shipping Marketing Shipping 278

Retail TouchPoints

JULY 14, 2022

She has been CEO of PINK since 2018 and previously spent a decade at Bath and Body Works. Hauk will lead Victoria’s Secret as it integrates the merchandising, planning, marketing and creative teams to speed the company’s test and learn agenda and better engage customers. Christine Rupp has been named Chief Customer Officer.

Merchant Services 276

Merchant Services Planning Fulfillment Advertising 276

Inside Retail

MARCH 19, 2024

At the same time there is limited transparency or accountability around clothing supply chains. Without change, the industry will account for 26 per cent of the world’s carbon budget for limiting global warming to 2°C by 2050. billion in 2018. The overproduction and consumption of clothing cannot be allowed to continue.

Fast Fashion 246

Fast Fashion Fashion Accounting Consumer 246

Retail TouchPoints

AUGUST 7, 2023

And Wish, which held that top spot back in 2018, has now dropped out of the top 50 completely after having fallen to #35 as of last March. There are other troublesome indicators for the company: Q2 saw declines across the board at Wish. followed by former #1 Shein , now bumped down to the #2 position. (It

Merchant Services 245

Merchant Services Drop-Shipping Shipping Payment Services 245

Inside Retail

DECEMBER 8, 2022

Greenstreat was founded by brothers Jackson and Jesse McGrath, who grew up making salad dressings, sauces and glazes with their family, and selling the products at markets across Australia’s east coast. Brisbane is a different beast, and it took longer to build that brand recognition because it’s a new market,” McGrath said.

Location 264

Location Accounting Planning Customer Experience 264

Retail TouchPoints

JULY 1, 2022

consumers are active subscribers, according to the Subscription Trade Association (SUBTA) , and the global subscription industry is predicted to reach $275 billion in market value this year. How do we separate our marketing messages from our transactional messages? How do we speak to people?

Consumer 333

Consumer Drop-Shipping Marketing Shipping 333

Retail TouchPoints

AUGUST 11, 2022

Responsibility for your gift card program typically lives in the marketing department. Finally, although less overlooked, there are federal laws and regulations, such as The Credit Card Accountability Responsibility and Disclosure (Credit CARD) Act , that will impact the expiration date and fees that can be charged on your gift cards.

Payment Services 277

Payment Services Management Fulfillment Consumer 277

Inside Retail

OCTOBER 18, 2022

To reach this vision, the shape of the market, society, and our environment will go through several key shifts. This is where we see it heading, and what a connected omnichannel customer experience (CX) needs to account for in the behaviours and needs of customers adapting to their environment. A reshaping population.

Payment Services 297

Payment Services Consumer Fulfillment Accounting 297

Retail TouchPoints

OCTOBER 28, 2020

However, Amazon still has a firm stranglehold on the ecommerce market, accounting for roughly 50% of all ecommerce sales in the U.S. Earlier, I mentioned that Walmart’s leverage rests in its huge network of stores which it can now leverage for BOPIS, a market set to account for an estimated 13.9%

Shipping 234

Shipping Accounting Consumer Returns 234