Retail TouchPoints

MAY 30, 2024

To kick off the initiative, the payments platform has made two key executive hires: Former Uber Advertising and Amazon executive Mark Grether has been appointed SVP and General Manager of PayPal Ads, and John Anderson, who previously worked at fintech company Plaid, has joined as SVP and General Manager of the PayPal Consumer Group.

Advertising 278

Advertising Merchant Services Payment Services Planning 278

Inside Retail

JUNE 17, 2021

The Fair Work Ombudsman today announced it has commenced legal action against supermarket giant Woolworths in regards to “ major underpayments ” of a number of its salaries managers. million between March 2018 and 2019, and that it has failed to repay the total sum despite having made back-payments. Is a complex wage system to blame?

Payment Services 246

Payment Services Supermarket Accounting Management 246

Retail TouchPoints

OCTOBER 4, 2021

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.

Jewelry 278

Jewelry Accessories Accounting Location 278

Small Biz Trends

APRIL 28, 2022

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.

Accounting 98

Accounting Management Finance 98

Inside Retail

OCTOBER 13, 2021

As recently as 2019, over 70 per cent of the value of B2B sales in Australia occurred through trade credit. Flexible payments will improve your cash flow management. Importantly, making changes that help you to better manage cash flow and provide a positive customer experience doesn’t have to be a lengthy and complicated process.

Payment Services 355

Payment Services Finance Customer Experience Wholesale 355

Retail TouchPoints

DECEMBER 20, 2022

In the case of Apple, hundreds of imitation iPhones, all with apparently legitimate serial numbers, managed to evade US Apple store staff, costing the company more than $6 million. In 2019, GhostData found that 56,000 Instagram accounts were associated with the counterfeit of luxury brands, representing a 171% increase since 2016.

Accounting 58

Accounting Promotions Management Location 58

Inside Retail

FEBRUARY 5, 2023

Upon completion of the deal, Retail Zoo’s new investment partner will own a majority of the business and partner with the existing management team led by Nishad Alani, CEO of Retail Zoo. “We Its burger chain business Betty’s, which accounts for 56 per cent of the company sales, has grown from eight stores to 54 over the past five years.

Accounting 279

Accounting Planning Marketing Management 279

Retail TouchPoints

AUGUST 9, 2022

In fact, a 2019 study from the Journal of Management Accounting Research found that combining the two roles had no adverse effects on the businesses it studied and can lead to operational and fiscal efficiencies.

Finance 278

Finance Accounting Management Consumer 278

365 Retail

APRIL 1, 2025

Marketplace sales were estimated to account for more than a third (36%) of online purchases in value across Europe in 2023*. Manually managing data for 2000 products was extremely time-consuming and errors were unfortunately inevitable.

Management 52

Management Outdoor Accessories Accounting 52

Inside Retail

NOVEMBER 20, 2022

The Australian market currently accounts for 16 per cent of its sales, and the company aims to grow that to 38 per cent by 2025. Since 2019, the business has grown revenue by 300 per cent, with $4.3 The brand is currently scouting for a chief marketing officer and a sales relationship manager. million achieved this year.

Outdoor 245

Outdoor Accounting Planning Marketing 245

Retail TouchPoints

MARCH 15, 2021

Going forward, WHP will manage the global Tru Kids business and direct its strategic expansion. Shmidman has served as Vice Chairman of Tru Kids since 2019, giving him experience with the brands he will now lead.

Accounting 205

Accounting Management Fashion Consumer 205

Retail TouchPoints

FEBRUARY 17, 2021

The global loyalty management market stood at $2.47 billion in 2019 and is projected to reach $10.02 He began his tenure as a Business Development Manager before becoming VP of Sales for North America, and then moved to his current role. billion by 2027, with a compound annual growth rate of 19.9% during the forecast period.

Target Market 292

Target Market Marketing Kiosk Promotions 292

Retail TouchPoints

SEPTEMBER 17, 2022

The bureau also released the Buy Now, Pay Later: Market Trends and Consumer Impacts report, which found that Affirm, Afterpay, Klarna, PayPal and Zip together provided 180 million loans totaling over $24 billion in 2021, a near tenfold increase from 2019. Apparel and beauty companies accounted for 80.1% in 2020; A total of 13.7%

Consumer 262

Consumer Payment Services Apparel Accounting 262

Inside Retail

FEBRUARY 8, 2024

million and now account for 21.3 Our focus remains on seeking to drive further and sustainable cost efficiencies and inventory management,” he added. The customer-first plan was introduced back in 2019 and remains the centrepiece of the company’s strategy to deliver for all its interested parties. per cent at the end of FY23.

Department Stores 264

Department Stores Inventory Management Planning Returns 264

Retail TouchPoints

JULY 14, 2021

This builds on Apple and Goldman’s existing partnership on the Apple Card credit card, which has been backed by the investment bank since 2019. They also can use the app to manage their payments, including the option to exit any payment plan by paying off the remainder of their balance.

Payment Services 299

Payment Services Planning Accounting Marketing 299

Retail TouchPoints

MAY 18, 2023

In 2019, Touchland closed deals with notable retail partners like Urban Outfitters , Bloomingdale’s and Neiman Marcus. Touchland also implemented NetSuite Demand Planning to better gauge consumer demand across its network of wholesale partners so i t can tightly manage the inventory it keeps in stock.

Planning 278

Planning Accounting Wholesale Consumer 278

Retail TouchPoints

AUGUST 14, 2020

Retailer priorities have shifted slightly since the last State of Marketing report, according to panelist Megan Hostetler, a Salesforce Product Marketing Manager focused on Retail and Consumer Goods. since the 2019 State of Marketing report. “It Last year the top priority was engaging customers in real time. Currently, only 35%.

Consumer 289

Consumer Marketing Checkout Customer Experience 289

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. Standard accounts are subject to a monthly account fee, while Premium and Pro accounts are not.

Accounting 242

Accounting Returns Management ATS 242

Inside Retail

NOVEMBER 19, 2024

Founded in 2019, Coolmate quickly became popular for its products and services catering to male customers and has consistently topped menswear’s e-commerce sales in major online marketplaces in Vietnam. “We We believe the guidance and support from Vertex will significantly accelerate our strategic entry into new regional markets.”

Apparel 130

Apparel Fashion Marketing Accounting 130

Retail TouchPoints

APRIL 29, 2022

Just last year, total returns accounted for $761 billion in lost sales for U.S. Make it easy for customers to manage returns and they’ll buy more and refer more business. in bioinformatics from NYU, Fang previously co-founded a business acquired by Amazon, and prior to that she worked as a hedge fund manager. With a Ph.D.

Returns 312

Returns Merchant Services Drop-Shipping Shipping 312

Retail TouchPoints

NOVEMBER 3, 2021

Sodipo most recently led Product Finance and Strategy at Stripe and will bring her expertise in payments to Glossier’s Accounting and Finance teams. She has been with Cole Haan for the past nine years, including when it was part of Nike , in a combination of strategy, general management, ecommerce and retail leadership roles.

Finance 264

Finance Payment Services Accounting Returns 264

Retail TouchPoints

AUGUST 30, 2021

I’m not an accountant, but stores are on the asset side of the balance sheet for a reason, and they need to be leveraged as much as possible to squeeze as much out of them as you can.”. compared to Q2 2019. Foot Locker managed solid 6.9% Macy’s Q2 performance was another success story, with comparable sales up 61.2%

Consumer 328

Consumer Fulfillment Department Stores Sporting Goods 328

Retail TouchPoints

JANUARY 12, 2022

decrease from 2019 primarily driven by the decrease in single-site operators. To account for this rapidly evolving environment, savvy convenience retailers have focused on closing the gap between what consumers expect and what retailers can deliver. despite less than desirable market conditions.

Payment Services 277

Payment Services Wholesale Inventory Management Consumer 277

Inside Retail

MAY 27, 2021

Ananth Sarathy, former general manager of digital experience at WooliesX, will lead the newly launched online HealthyLife business as managing director. Sarathy has held a number of other leadership roles in digital within the Woolworths Group over the last eight years, including as general manager of loyalty and data solutions.

Management 246

Management Accessories Marketing Accounting 246

Inside Retail

JANUARY 19, 2023

Between January 2017 and March 2019, it is alleged that employees were underpaid a total of approximately $1.14 The workers were responsible for store management, setting up stores, retail and administration. million for their work.

Outdoor 237

Outdoor Accounting Management Accessories 237

Inside Retail

OCTOBER 4, 2022

Results in the past two years were bolstered by Covid management strategies, including landlord rent concessions and government JobKeeper payments. However, the 2022 performance was much “cleaner”, with sales over the pre-Covid 2019 financial year 17.8 per cent to $1.5 billion and net earnings up 4.9 per cent to $285.2

Department Stores 246

Department Stores Payment Services Management Accounting 246

Inside Retail

NOVEMBER 16, 2022

Burberry has lagged competitors like Gucci, Prada and Loewe in creating a sharp brand in recent years and Lee will play an “important part in re-igniting interest”, said Mario Ortelli, managing partner at advisory firm Ortelli&Co. Burberry should also expand its leather goods and footwear business, Ortelli said.

Fashion 278

Fashion Department Stores Planning Accounting 278

Retail TouchPoints

MARCH 5, 2021

This new [store count] target takes account of the significant market share opportunity that we see ahead of us, and of the improvements we are making in our business with Burlington 2.0, The company also reported topline results from fiscal year 2020, with total sales down 21% from fiscal 2019. “We

Planning 264

Planning Location Store Operations Accounting 264

Retail TouchPoints

AUGUST 9, 2021

Today’s brands are increasingly concentrating their energy and resources on top customers — the minority that account for the majority of revenues. When viewed alongside the traditional financial balance sheet, the success of the marketing function becomes less a question of cost management and more one of incremental growth and retention.

Marketing 299

Marketing Accounting Management Planning 299

Retail TouchPoints

AUGUST 5, 2024

The retailer, which had not done a major POS upgrade since 2019, adopted a cloud-native POS solution from Jumpmind that not only unchained associates from the cash wrap but had the added benefit of being easier for them to use. That’s three different passwords and user accounts in each store across the fleet.

Inventory Management 264

Inventory Management Point of Sale Promotions Jewelry 264

Inside Retail

APRIL 17, 2023

penalty against the company’s sole director and manager, Mi Yeon Ha, after having determined that the salon and Ha were guilty of underpaying the employee’s minimum entitlements and for requiring her to make unlawful cashback payments. In total she was unlawfully instructed to repay a total of $105,609 of her wages and entitlements to Ha.

Payment Services 246

Payment Services Accounting Management ATS 246

Cisco Retail

NOVEMBER 16, 2021

Hence three key acquisitions in this space, including Luxtera which Cisco acquired in 2019. In Episode 16, we continue a conversation with Ron Horan, Senior Director of Product Management, who joined Cisco via the Luxtera acquisition. Pat Chou, Cisco Optics Product Manager. Related links. Cisco Optics Product Information.

Accounting 145

Accounting Management Marketing ATS 145

Cisco Retail

NOVEMBER 4, 2021

Hence three key acquisitions in this space, including Luxtera which Cisco acquired in 2019. In Episode 15, we start a new conversation with Ron Horan, Senior Director of Product Management, who joined Cisco via the Luxtera acquisition. Pat Chou, Cisco Optics Product Manager. Related links. Cisco Optics Product Information.

Accounting 145

Accounting Management Marketing ATS 145

Retail TouchPoints

FEBRUARY 2, 2023

For years, retailers have invested in digital tools to help gather data on critical items such as from point of sale (POS), inventory management, foot traffic, specific stores and more. Store managers can now build reports on employee turnover and absenteeism — two of the retailer’s key performance indicators (KPI) — whenever they want.

Management 278

Management Inventory Management Point of Sale Finance 278

Retail TouchPoints

JULY 22, 2021

This has increased e-commerce’s share of global retail to 17% in 2020, up from 14% in 2019. Key takeaway: Retailers need to manage the risks associated with social media and ensure they implement the best practices in their digital communications. The shopping behemoth accounts for over half the ecommerce market on its own.

Payment Services 306

Payment Services Consumer Customer Experience Accounting 306

Inside Retail

OCTOBER 13, 2024

“Pelo malo”, or “bad hair”, is a term used in various Latin American communities to refer to hair that is curly and “hard to manage” However, Magdaline Hurtado knows that hair types like her own aren’t more “difficult”, they are just not catered to. MH: Retail is changing.

Accessories 130

Accessories Beauty and Health Fulfillment Specialty Retailers 130

Inside Retail

MAY 14, 2024

The world’s largest jewellery brand Pandora is placing sustainability at the cornerstone of its ‘Phoenix’ growth strategy and even tying bonuses for top management to environmental targets to incentivise progress. How we incentivise or award bonuses to our top management is based on sustainability,” he added.

Finance 278

Finance Marketing Accounting Management 278