Inside Retail

FEBRUARY 4, 2025

Mastercard has announced plans to remove the 16-digit number from their credit and debit cards by 2030 in a move designed to stamp out identity theft and fraudulent use of cards. For example, the 2022 Optus data breach exposed information from customers who had previously held accounts with the telco back in 2018.

Payment Services 162

Payment Services Telecommunications Accounting Checkout 162

Retail TouchPoints

JULY 12, 2021

In 2018, Walmart beat out Amazon for a majority interest in the company, spending $16 billion for a 77% stake. Brick-and-mortar dominates the retail scene, with ecommerce projected to account for just 7% of sales this year, up from 3% in 2017. billion population, but still with plenty of room for growth.

Wholesale 309

Wholesale Social Commerce Fashion Consumer 309

Retail TouchPoints

MAY 27, 2022

Apple is reportedly planning to boost starting pay for U.S. 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. store associates to $22 per hour, and even higher in certain markets, according to The Wall Street Journal.

Accounting 290

Accounting Marketing Location Planning 290

Inside Retail

OCTOBER 5, 2022

Musk is now willing to proceed with his original plan to buy the social media company for $44 billion and late on Tuesday he tweeted: “Buying Twitter is an accelerant to creating X, the everything app.” Yes, Snapchat parent Snap Inc previously introduced peer-to-peer payments called Snapcash, but ended the feature in 2018.

Payment Services 241

Payment Services Accounting Planning Social Commerce 241

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. It also is paying $4.95

Advertising 331

Advertising Planning Accounting Customer Experience 331

Inside Retail

SEPTEMBER 29, 2022

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

Apparel 245

Apparel Accounting Planning Management 245

Inside Retail

FEBRUARY 8, 2024

million and now account for 21.3 Over the last five years as CEO, King has been enacting his ‘customer-first plan’ which has re-established Myer as Australia’s 8th most trusted brand, according to Roy Morgan. per cent, compared to the first half of the last financial year. The report revealed that online sales were $390.1

Department Stores 264

Department Stores Inventory Management Planning Returns 264

Inside Retail

NOVEMBER 16, 2022

Burberry’s new chief executive Jonathan Akeroyd will on Thursday set out his plan to finish the job started by his predecessor: boosting growth at the British luxury brand to the levels of its European rivals. 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

MAY 17, 2021

When you take into account each country, and the way they do farming, they could be different. We want to hold ourselves accountable with what we do,” Lee said. The younger generation are now challenging brands and saying, ‘What are your sustainability plans? Lee said. . So it’s quite a complex calculation to do. Kering Group.

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Apparel Fashion Accounting Consumer 246

Retail TouchPoints

SEPTEMBER 22, 2022

since she was appointed as CEO-Elect in May 2018. We urge the Board to announce a thoughtful succession plan and run a robust search process that accounts for interviewing a highly diverse group of qualified candidates,” said Ancora. The fact is that Ms. Net sales fell 8.5%

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Operating Expenses Fulfillment Management Accounting 264

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. Walmart has announced plans to emit zero carbon in its stores by 2040. Lighting accounts for 50% of energy costs for non-food retailers. Achieving Energy Efficiency: Where Do I Begin?

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Management Accounting Customer Experience Finance 264

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

Retail TouchPoints

AUGUST 22, 2023

Marketplaces are required to collect and verify information — government IDs, contact details, bank accounts and tax identification numbers — of any seller that conducts more than 200 transactions and grosses a minimum of $5,000 in a 12-month period. This refers to “smash and grab” mobs making well-planned, coordinated raids to rob stores.

Payment Services 246

Payment Services Accounting Shrinkage Consumer 246

Inside Retail

JUNE 30, 2021

According to Takashimaya, even before the global health crisis, businesses around the world were seeking to become more sustainable, but the pandemic moved them to act on those plans. Paper accounts for 25 per cent of waste in landfill and 33 per cent of municipal waste, according to technology company Timico.

Department Stores 246

Department Stores Beauty and Health Accounting Promotions 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

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. And here is where Zhaoran’s distinction is grounded.

Supply Chain Management 130

Supply Chain Management Consumer Marketing Boutique 130

Retail TouchPoints

FEBRUARY 22, 2021

Once the pandemic hit, our wholesalers had to close their stores, and we had to rethink our entire email plan,” said Florin. The company launched its DTC site on Shopify , and then Florin joined in late 2018. The growth from April (2020) was exponential for overall revenue for the business and revenue from email.

Wholesale 264

Wholesale Marketing Accounting Outdoor 264

Inside Retail

DECEMBER 8, 2022

They started the business in Albury – a regional NSW town – in 2018, before expanding to neighbouring Wodonga in Victoria and the Brisbane CBD. He said the long-term plan is for Streat Cred to have value outside of the business in the future. The plan, he said, is to launch the product in 2023.

Location 264

Location Accounting Planning Customer Experience 264

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. Today, 66 per cent of consumers plan to shift their spend to more sustainable brands.”.

Payment Services 246

Payment Services Fashion Accessories Checkout 246

Inside Retail

OCTOBER 5, 2023

In 2018, the US Federal Trade Commission (FTC) shifted its definition of what could be marketed as a diamond, stating that it “is no longer accurate to define diamonds as ‘natural’ when it is now possible to create products that have essentially the same optical, physical and chemical properties as mined diamonds”.

Jewelry 246

Jewelry Consumer Marketing Accounting 246

Retail TouchPoints

DECEMBER 27, 2022

In fact, 73% of consumers currently connect with businesses via voice calls, and one-third plan to do even more business through voice in the next year. Prior to joining Vonage in 2018, Brown served as Senior Manager of Carrier Operations at CPaaS provider Twilio.

Customer Experience 321

Customer Experience Consumer Accounting Marketing 321

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. This program has contributed most significantly to Amazon’s private label brand and SKU counts.

Consumer 312

Consumer Fashion Advertising Shipping 312

Retail TouchPoints

JUNE 22, 2020

Customer personally identifiable information (PII) breaches have become a growing problem for retailers, with more than 19 breaches at major retailers between early 2018 and late 2019 alone. Retailers must first account, classify and institute reasonable security controls to protect the sensitive information of consumers.

Consumer 233

Consumer Accounting Fulfillment Management 233

Retail TouchPoints

FEBRUARY 10, 2022

It’s now available on-demand , which makes this a good time to issue a spoiler alert: if you haven’t seen the episode yet but plan to, don’t read any further until you have. Since taking the helm of the nutrition and wellness retailer in 2018, Leite has introduced a broad range of initiatives aimed at reviving and growing the business.

Inventory Management 321

Inventory Management Beauty and Health Management Point of Sale 321

Retail TouchPoints

AUGUST 11, 2022

Not to mention consumers love them, with 80% saying they plan to purchase more gift cards in 2022. Jones’ most recent role was as the General Manager of the Digital and Incentives Divisions of Blackhawk Network, a leading global gift card provider acquired by Silverlake Private Equity in 2018. Don’t Forget Federal Regulations.

Payment Services 277

Payment Services Management Fulfillment Consumer 277

Retail TouchPoints

AUGUST 3, 2020

In 2018, Ernst & Young (EY) launched an ambitious project called FutureConsumer.Now , to model scenarios that would challenge present thinking about future consumers. Retail TouchPoints (RTP): What implications do the five emerging customer segments have for retailers as they plan for a post-pandemic future?

Consumer 279

Consumer Fulfillment Retail Trends Shopping 279

Retail Gazette

AUGUST 29, 2024

The acquired stores are based in key target locations designed to grow the grocer’s coverage across England, Northern Ireland and Scotland, as part of its Next Level Sainsbury’s plan. Hilco, which bought Homebase for £1 in 2018, is thought to have been in talks with a number of parties about offloading the DIY chain.

Supermarket 132

Supermarket Grocer Accounting Planning 132

Inside Retail

APRIL 18, 2023

We didn’t plan on opening an office, but our first US team member has been here for almost two years. JD: I was very lucky to have LKI [Loose Kid Industries] before LSKD, from 2007 to 2018. IR: Do you have plans to open other stores in the US, and if so, what other locations are you considering? How has that been going?

Wholesale 243

Wholesale Planning Location Marketing 243

Retail TouchPoints

OCTOBER 4, 2022

Google proposed plans to ditch third-party cookies before the end of next year, practically putting the long-reigning era of third-party cookies to bed. In 2018, Eom co-founded Adriel with Olivier Duchenne and currently leads as CEO, driving its rapid growth. Worse still, time’s not on their side.

Advertising 278

Advertising Drop-Shipping Marketing Shipping 278

Inside Retail

MARCH 23, 2022

With the global luxury goods market expected to be worth around US$430 billion* by 2025 – and Chinese luxury consumption set to account for nearly half of that – Lanvin Group said it sees itself as “well-positioned to capture the enormous growth potential driven by flourishing demand for luxury goods globally”.

ATS 130

ATS Fashion Accounting Point of Sale 130

Inside Retail

OCTOBER 20, 2022

Maggie Beer Holdings’ CEO and MD Chantale Millard says she plans to resign by the end of the year. According to Pymnts , Bramman will be replaced by Nordstrom’s senior vice president and chief accounting officer Michael Maher from December 2, until a permanent replacement can be found. Maggie Beer Holdings CEO Chantale Millard resigns.

Payment Services 130

Payment Services Department Stores Accounting Planning 130

Retail Gazette

MAY 3, 2024

Subscribe to Retail Gazette for free Sign up here to g et the latest news straight into your inbox each morning This amount includes £31.07m of unsecured loans which the group initially gave to the brothers to purchase the jets back in 2018. All loans have been fully disclosed in the EG Group accounts, and continue to be so.

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Payment Services Finance Accounting Location 105

Retail TouchPoints

APRIL 2, 2021

Back in 2018, the fast food chain cheekily escalated the burger wars to the next level with creative use of technology to make the headlines. Businesses need to move away from dispersed single-source data solutions toward a single version of the truth, designed to tackle data fragmentation and bolster unified customer experience planning.

Customer Experience 165

Customer Experience Specialty Retailers Marketing Spend Management 165

Cisco Retail

JANUARY 11, 2022

Building operations account for as much as 70% of electricity consumption, and approximately 30% of CO2 emissions. Building construction and materials account for another 11% of CO2 emissions. As an industry, healthcare accounts for 4.4–4.6% of worldwide greenhouse gas emissions.

Accounting 145

Accounting Location Planning Management 145

Inside Retail

JULY 29, 2024

MM: At Coach, I had managed brick-and-mortar wholesale accounts and I was part of a three-person team that launched the wholesale e-commerce channel. IR : There is not a single brand founder who can say their plans for launching a business went off without a single hitch.

Wholesale 130

Wholesale Accounting Management Planning 130

Inside Retail

JANUARY 26, 2023

As it turns out, the world had different plans for me! From being a relatively novel concept just a few years ago, right through to the unprecedented growth we see today, with e-bikes now accounting for the vast majority of Lekker revenues. IR: What are Lekker’s plans and goals in 2023? Watch this space in 2024!

Planning 243

Planning Consumer Management Marketing 243

Inside Retail

JANUARY 28, 2022

H&M grew its online business by 24 per cent last year to the point e-commerce now accounts for about one-third of its total sales. Announcing the results, Helmersson revealed a plan for H&M to double its group sales by 2030 as well as halving its carbon emissions. “We per cent on the pre-pandemic 2018-19 year.

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Net Profit Fast Fashion Fashion Apparel 130