Retail TouchPoints

JUNE 27, 2022

BSN is one of the nation’s largest direct marketers and distributors of sporting goods, footwear, apparel and branding to the school and league markets. The Team Sales business has historically accounted for less than 1% of Foot Locker’s annual consolidated sales.

Sporting Goods 268

Sporting Goods Apparel Accounting Marketing 268

Inside Retail

MAY 19, 2021

A further 39 per cent said they kept shopping with the brands they had a loyalty account with regardless of the pandemic, while 13 per cent said they shopped where they wanted regardless of loyalty programs. This could be due to a continued, if slow, shift in what customers actually want from their loyalty programs. this brand speaks to me).

Accounting 350

Accounting Shopping Consumer ATS 350

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 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

MAY 30, 2024

Grether and Anderson will both report to Diego Scotti, EVP and General Manager of the PayPal Consumer Group, Global Marketing and Communications. In his new role he will be accountable for PayPal’s consumer business, including product strategy for PayPal and Venmo globally.

Advertising 278

Advertising Merchant Services Payment Services Planning 278

Retail TouchPoints

JANUARY 14, 2022

growth we saw in 2019. Gaining access to consumer accounts has increased, allowing fraudsters to purchase gifts on their dollar. With e-gift Cards not going away anytime soon, comprehensive fraud solutions are necessary for merchants and customers to keep up with the market. billion online with U.S.

Merchant Services 328

Merchant Services Payment Services Management Accounting 328

Retail TouchPoints

NOVEMBER 4, 2020

In 2019 , the total market share of online U.S. Without proper identification of the individuals behind transactions or new account openings, it’s difficult for retailers to tell the difference between good customers and bad actors, and therefore easier for fraudulent activity to slip through. The result?

Merchant Services 317

Merchant Services Payment Services Accounting Jewelry 317

Inside Retail

FEBRUARY 5, 2023

We were attracted by Retail Zoo as a strong platform in the food retail sector, with market-leading brands in Boost and Betty’s,” said Georgina Varley, MD at Adamantem. 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

NOVEMBER 3, 2022

He was replaced as CFO on an interim basis by SVP and Chief Accounting Officer Laura Crossen. The filing noted that the company had “no reason to believe” that sensitive and/or personally identifiable information (PII) had been accessed. In early September 2022, the retailer’s CFO Gustavo Arnal died in what was ruled a suicide.

Payment Services 287

Payment Services Accounting Store Operations ATS 287

Retail TouchPoints

MARCH 14, 2022

The letter states that Amazon engaged in a “pattern and practice” of misleading conduct reportedly designed to “influence, obstruct or impede” the committee’s 16-month investigation into competition in digital markets. Amazon and its executives must be held accountable for this behavior.

Accounting 304

Accounting Marketing ATS 304

Inside Retail

JUNE 3, 2024

Last week, PetO, Australia’s largest independently owned pet specialty store, acquired 41 retail stores and 25 vet clinics from the Woolworths Group’s Petstock banner, after the Australian Competition and Consumer Commission issued a court-enforced divesture notice to Petstock and Woolworths citing anti-competitive behaviour in the market.

Accessories 279

Accessories ATS Specialty Store Accounting 279

Retail TouchPoints

JANUARY 11, 2023

Microsoft is gearing up to take a bigger piece of the growing retail media pie with the debut of a suite of new capabilities through its PromoteIQ marketing platform, which the company acquired in 2019. alone by 2024, accounting for 20% of total digital ad spend, according to Insider Intelligence.

Advertising 315

Advertising Planning ATS Marketing 315

Retail TouchPoints

JANUARY 10, 2022

Mattress Firm has publicly filed for an IPO that will return the furniture retailer to the public markets six years after South Africa’s Steinhoff International took the company private. After going private in 2016, the chain hit a few bumps in the road, including an accounting scandal that saw the resignation of the current CEO.

Specialty Retailers 278

Specialty Retailers Accounting Location Returns 278

Retail TouchPoints

AUGUST 23, 2021

Here are some of the key lessons they learned along the way: Despite the size of the market, entering China doesn’t have to be a complicated or expensive endeavor thanks to the supremacy of digital retail; Shopping festivals like 6.18 brands can enter the Chinese market and take part in the world’s largest shopping event, 11.11.

Shopping 328

Shopping Marketing Accounting Consumer 328

Retail TouchPoints

JUNE 15, 2022

Google does have a direct-purchase feature, Buy on Google, which is similar to what Bing has rolled out, but it accounts for only a fraction of the more than 1 billion shopping sessions Google sees every day, according to Madrigal. Bing accounts for approximately 25% of total monthly search volume in the U.S.,

Merchant Services 306

Merchant Services Shopping Payment Services Advertising 306

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

JANUARY 11, 2021

year-on-year through September 2020, boosting ecommerce’s share of its total sales from 33% in 2019 to 59% during this period. An electronic waste recycling program that M.Video launched in summer 2019 is now available in 450 stores, with plans to add another 200 locations in 2021. Q3 2020 net sales for all channels climbed 25.3%

Payment Services 301

Payment Services Location Fulfillment Customer Experience 301

Inside Retail

JANUARY 13, 2025

The two decided to fill in the white space themselves and started with a small booth at an independent fashion market. Over the past 10 years, the team has focused on growing in the US market. With the right design formula, sales from the US market have exponentially grown to where they now make up nearly half of Farm Rios profits.

Fashion 130

Fashion Apparel Planning Accessories 130

Retail TouchPoints

MAY 28, 2024

The companies first teamed up in 2019 after Walmart chose not to renew its deal with Synchrony Financial, but the partnership hit a rough patch in 2023 when Walmart filed a lawsuit to exit its contract early, alleging that the financial institution was falling short on customer service requirements. ”

Accounting 264

Accounting Consumer ATS Marketing 264

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

In 2019, Touchland closed deals with notable retail partners like Urban Outfitters , Bloomingdale’s and Neiman Marcus. Lisbona explained that having a robust and accurate record of customer touch points can significantly improve the way brands engage with consumers across marketing, advertising and service channels.

Planning 278

Planning Accounting Wholesale Consumer 278

Retail TouchPoints

SEPTEMBER 27, 2023

leaving 15 stores in this market. in 2021 and in line with shrink rates seen in 2020 and 2019. Theft, both internal and external, accounts for 65% of shrink, although it can reach as high as 70% in certain verticals. When calculated as a percentage of total retail sales, shrink represented $112.1 billion in losses, up from $93.9

Sporting Goods 264

Sporting Goods Store Operations Location Accounting 264

Retail TouchPoints

NOVEMBER 6, 2020

With brand marketers charged with growing market share and attracting new consumers throughout the never-ending cycle of seasonal marketing, the search for a competitive advantage over others in the category has never been more intense. Visibility is Requisite but not Guaranteed. That’s just bad business.

Marketing 153

Marketing Promotions Outdoor Consumer 153

Retail TouchPoints

AUGUST 15, 2022

PacSun has teamed up with a new kind of spokesperson for its back-to-school and holiday 2022 marketing campaigns — virtual influencer Miquela. The new partnership marks the “beginning of an exciting marketing strategy” for PacSun, which said it will be leaning more into the virtual influencer space and the metaverse throughout Q4.

Fashion 246

Fashion Marketing Accounting Consumer 246

Retail TouchPoints

JULY 14, 2021

The move sent share prices for other BNPL providers downward as the market reacted to the news. 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. Apple is a giant in the payments market, with Apple Pay growing to be accepted at 85% of U.S.

Payment Services 299

Payment Services Planning Accounting Marketing 299

Retail TouchPoints

JULY 9, 2020

Leading into the pandemic, the luxury category had a positive outlook, according to Bain , with the overall market growing by 4% annually, and reaching an estimated $1.5 China’s influence on the luxury market is significant, accounting for 35 % of luxury purchases worldwide, according to Willersdorf.

Clienteling 311

Clienteling Consumer Accounting Boutique 311

Inside Retail

NOVEMBER 4, 2024

The sale of inventory properties (shophouses) that had anchored revenue growth in preceding quarters has now run dry, which accounts for the crash on the top- and bottom lines. This year, the situation has switched and now the two categories are both accounting for about 35 per cent of the transactions each. What can Vincom do?

Accounting 130

Accounting Fashion Accessories Consumer 130

Retail TouchPoints

APRIL 9, 2021

The global sneaker, watch and trading card resale markets are valued in the billions and are expected to continue to surge, according to research from Boston Consulting Group and Cowe n & Co. By comparison, new watches comprise 57% of the total watch inventory on eBay, but only account for 33% of total watch sales.);

Promotions 253

Promotions Accounting Marketing ATS 253

Retail TouchPoints

NOVEMBER 29, 2021

The latest data from the Adobe Digital Economy Index revealed that out-of-stock messages rose a whopping 325% in October 2021 compared to the same month in pre-pandemic times (way back in 2019), and in the last month alone consumers have been hit with more than 2 billion out-of-stock messages online.

Shopping 312

Shopping Shipping Consumer Planning 312

Inside Retail

OCTOBER 13, 2024

Inside Retail connected with Hurtado to learn more about how Hello Updo fills a white space in the haircare market, how her brand honored Hispanic Heritage Month and her dream of creating a world where every hair type has its rightful place in beauty. IR : In what ways do you believe Hello Updo fills a white space in the haircare market?

Accessories 130

Accessories Beauty and Health Fulfillment Specialty Retailers 130

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.

Consumer 262

Consumer Payment Services Apparel Accounting 262

Retail TouchPoints

SEPTEMBER 24, 2024

for the five -year period from 2014 to 2019.) Amazon and Walmart: The Big Will Get Bigger The Forrester forecast paints a picture of an ecommerce market, and indeed a total retail market, dominated by Amazon and Walmart. The CAGR for total retail sales was 3.6%

Consumer 284

Consumer Apparel Accounting Marketing 284

Retail TouchPoints

APRIL 12, 2021

billion ) for monopolistic practices, after finding that the site had been “abusing market dominance” for several years by preventing its sellers from using other competitive platforms. The penalty amount was determined by applying a 4% rate to Alibaba’s 2019 domestic revenues.

Accounting 264

Accounting Promotions Marketing Planning 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. Macy’s Q2 performance was another success story, with comparable sales up 61.2% year-over-year and 5.8%

Consumer 328

Consumer Fulfillment Department Stores Sporting Goods 328

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

Retail TouchPoints

FEBRUARY 24, 2022

Additionally, ABG has become the largest shareholder in Studio 99 , an integrated creative and production studio co-founded by Beckham in 2019. Together, ABG and Beckham will expand the athlete’s brands through strategic endorsements, digital and media partnerships and new products.

Accounting 278

Accounting Management Marketing 278

Retail TouchPoints

AUGUST 9, 2021

These days, the framework for marketing success is still being driven heavily by a company’s media plan rather than in the context of overall customer health. But for consumer brands, the ultimate measure of marketing success is in fostering a better relationship with the customer. That needs to change.

Marketing 299

Marketing Accounting Management Planning 299

Retail TouchPoints

JULY 30, 2020

Households with children in elementary and high school are set to spend an average of $789.49 , far exceeding the 2019 record of $696.70. The most notable shift between the 2019 back-to-school season and today is the strong consumer preference for technology over traditional items like apparel and even school supplies.

Merchant Services 316

Merchant Services Advertising Apparel Consumer 316