Retail TouchPoints

NOVEMBER 26, 2024

La-Z-Boy is in the midst of its Century Vision transformation strategy, launched in 2021, which includes doubling down on omnichannel and growing its Joybird ecommerce brand. However, the key focus is reinvigorating the La-Z-Boy brand, which was launched nearly a century ago in 1927.

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Consumer Shopping Visual Merchandising Store Operations 277

Retail Wire

FEBRUARY 12, 2024

For the first time since 2021, Bezos decided to unload a whopping 12 million shares of Amazon stock, resulting in a hefty sum of just over $2 billion. Last week marked a significant move for Jeff Bezos, the billionaire founder of Amazon.com Inc.

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Retail TouchPoints

MARCH 21, 2023

Burris joins the retailer from GNC , where he has served as CEO since February 2021 , leading a successful restructuring under new ownership. Rue21 has named Josh Burris CEO and member of its board. Burris replaces Bill Brand, who announced his intention to step down this month.

Fashion 318

Fashion Consumer 318

Retail TouchPoints

OCTOBER 1, 2024

LVMH took a majority stake in the label in 2021 , agreeing to increase its stake over time to 60% , with brand founder Virgil Abloh retaining the remaining 40%.

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Brand Management Management Fashion ATS 275

Inside Retail

MAY 1, 2024

In October 2021, certain franchisees and former franchisees of the Michel’s Patisserie brand commenced the class action lawsuit against RFG and two of its related entities.

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Management Consumer 317

Retail Wire

MAY 12, 2024

China's electric vehicle (EV) sector is making strategic moves into offshore markets for increased funding, exemplified by the recent success of Zeekr, a premium EV brand under Geely, which saw its shares surge 34% in the largest US IPO by a Chinese company since 2021.

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Marketing 246

Retail TouchPoints

MARCH 4, 2024

Back in 2021, firms like Thrasio were able to buy these Amazon-based businesses for around 4X to 6X EBITDA and then turn that into a 15X to 25X valuation on the combined business. The company achieved unicorn status with a $1 billion valuation in 2020 and closed a $100 million funding round in April 2021.

Finance 284

Finance Returns Marketing 284

Inside Retail

OCTOBER 20, 2024

” Fallscheer exited Lovisa in October 2021 after 12 years of leading the company and was succeeded by Victor Herrero. “Competition hampers price increases and will likely result in a cap on store growth and gross margin improvement over time.”

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Planning Location Marketing ATS 264

Inside Retail

DECEMBER 18, 2023

Operating food delivery, video streaming and payment services in Asia, Coupang made its IPO debut on the New York Stock Exchange in 2021. Based in London, Farfetch went public on the New York Stock Exchange in 2018 before reaching its peak in 2021 with a value of more than 23 billion driven by the online shopping boom during the pandemic.

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Payment Services Shopping Accessories Fashion 290

Retail TouchPoints

OCTOBER 31, 2022

The company clearly hopes that the launch of its NFT marketplace — which was the first major initiative announced by new CEO Matt Furlong after he took the helm in July 2021 — will be its “Netflix Moment,” the epic pivot that revives a flailing business and takes it to new heights. In 2021 online users sent more than $44.2

Promotions 340

Promotions Management ATS Marketing 340

Inside Retail

MARCH 3, 2024

The delayed deliveries subject to the court action occurred between September 23, 2021 and March 31, 2022. This is in contrast to the company’s committed delivery timeframe promoted online of two to 17 business days from the purchase date.

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Advertising Apparel Fashion Consumer 264

Retail TouchPoints

DECEMBER 10, 2024

Apples retail expansion builds on investments the company already has made in Saudia Arabia, including the all-women Apple Developer Academy, which opened in Riyadh in 2021 in partnership with the Saudi Arabian government, Tuwaiq Academy and Princess Nourah bint Abdulrahman University.

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Planning Location Consumer Store Operations 275

Retail TouchPoints

MAY 29, 2024

. “We are pleased to introduce Eddie Bauer’s next adventure in innovation to its audience of brand fans,” said Sierra McPhillips, VP of Brand at Authentic Brands Group , which acquired the Eddie Bauer brand in 2021.

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Department Stores Outdoor ATS 279

Inside Retail

JULY 17, 2024

Crocs filed the case in late 2021 after discovering Mosaic was selling footwear that was similar to its Classic Clog shoes. Crocs and Mosaic Brands have settled their lawsuit after the former alleged that several moulded foam shoes of Mosaic violated its intellectual property.

Accessories 278

Accessories Fashion 278

Retail TouchPoints

JUNE 9, 2023

However, the lawsuit asserts that those plans began to fall apart in 2021 when current CEO Rosalind Brewer took over and “decided she did not like how the screens looked and she wanted them out of the stores.” Lipsman is a major proponent of in-store retail media and also worked briefly at Cooler Screens in 2021.

Advertising 331

Advertising Planning Accounting Customer Experience 331

Retail TouchPoints

NOVEMBER 20, 2024

From 2018 to 2021 Seipel was CEO (and Co-owner) of West Marine , and prior to that he held senior positions at Gabriel Brothers, Wet Seal, Pamida Stores and Old Navy. The value-priced apparel retailer also named Peter Sachse, currently Executive Chairman of the Board, as Chairman.

Promotions 277

Promotions Apparel ATS 277

Retail TouchPoints

MAY 12, 2023

Bluestar brought back the Justice brand as an online-only retailer in April 2021 following its $90 million acquisition of the company in November 2020. This latest deal follows the acquisition of the Scotch & Soda brand, including worldwide licensing and distribution rights, by a separate affiliate of Bluestar.

Wholesale 330

Wholesale Accessories Apparel Brand Management 330

Inside Retail

MARCH 5, 2024

Born in Bondi Founded in the summer of 2021 Naked Sundays is the brainchild of former television journalist turned-founder, Samantha Brett, who was working behind the scenes to formulate a solution to the sticky issue of sunscreen functionality.

Marketing 277

Marketing ATS 277

Retail TouchPoints

JANUARY 2, 2024

In 2021, Alibaba was fined a record $2.75 Fellow China-based ecommerce apps Temu and Shein are currently embroiled in a similar dispute , with Temu accusing Shein of using “mafia-style tactics” to coerce sellers into exclusive relationships with Shein. Unlike the JD.com lawsuit, however, Temu’s case against Shein will play out in U.S.

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Marketing Planning Consumer 325

Inside Retail

MAY 9, 2024

The business started to reemerge after Travis Wright , former GM of Esther & Co, became CEO in 2021. The brand was acquired by Crescent Capital in 2017, but fell into voluntary administration in March 2020, largely due to the impact of Covid-19.

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Planning Accessories Fashion 279

Retail TouchPoints

NOVEMBER 25, 2024

Following an independent investigation and forensic analysis, Macy’s said it identified “a single employee with responsibility for small package delivery expense accounting” who had intentionally made erroneous accounting entries to hide approximately $132 to $154 million in delivery expenses from Q4 2021 to this current quarter.

Accounting 279

Accounting Promotions Location Management 279

Retail TouchPoints

JANUARY 4, 2023

billion in Q3 2021. Amazon is still growing, but higher costs have slowed it down in 2022 — sales were up 15% in Q3 2022, but net income decreased to $2.9 billion , compared with $3.2 As a result, Amazon’s share price has fallen 50% year-over-year to approximately $84.

Finance 325

Finance 325

Retail TouchPoints

SEPTEMBER 12, 2024

Since Parafin’s launch in 2021, it has served tens of thousands of businesses and extended more than $8 billion in offers via platforms including Worldpay and Mindbody. Parafin is on a mission to help grow small businesses,” said Sahill Poddar, CEO of Parafin in a statement.

Finance 263

Finance Fulfillment ATS 263

Retail TouchPoints

JANUARY 2, 2024

Paid Loyalty Programs Will Become More Prevalent More than half ( 53% ) of consumers pay to participate in a loyalty program, up from 32% in 2022 and 17% in 2021, according to the Deloitte Survey. The financial piece is important, where people get access to additional discounts, special prices or free stuff. A major reason for this drop?

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Drop-Shipping Consumer Customer Retention Shipping 309

Inside Retail

OCTOBER 17, 2024

The campaign, which ran from January 2020 to August 2021, was for a 60-month interest-free and no-deposit payment method. The Federal Court has ruled that Harvey Norman, along with Latitude Finance Australia, made false and misleading financial claims in a national advertising campaign.

Finance 306

Finance Payment Services Advertising Accounting 306

Inside Retail

JULY 5, 2024

The declarations affect small businesses entering a contract with PayPal between September 21, 2021 to November 7 last year. The court also declared the term void from the start of the contracts and ordered that PayPal be restrained from applying, relying on, or enforcing, the term.

Accounting 273

Accounting 273

Inside Retail

DECEMBER 19, 2023

The misleading conduct affected about 70000 customers between January 2018 and August 2021. Airbnb already rectified the currency on its platform, with US prices denoted as USD, effective August 31, 2021.

Consumer 262

Consumer ATS 262

Inside Retail

JANUARY 2, 2024

Back in 2021, just 60 per cent of the cosmetic brand’s products already carried the Vegan Society trademark. The Body Shop has earned the title of being the first global beauty brand offering 100 per cent vegan product formulations certified by The Vegan Society.

Shopping 260

Shopping 260

Retail TouchPoints

JULY 25, 2024

WHP Global has been aggressively regrowing the Toys ‘R’ Us brand since it acquired a controlling interest in the retailer in March 2021 , including opening a flagship location at the American Dream mall in New Jersey and launching a chainwide store-in-store partnership with Macy’s that began in July 2022.

Shopping 278

Shopping ATS Location Planning 278

Retail TouchPoints

APRIL 18, 2024

Launched in 2021, Detoure sources secondhand clothing directly from influencers’ closets as well as excess inventory from brands popular with its Gen Z customer base. Over the past three years the site has hosted more than 50 pop-ups across the U.S. that regularly go viral on social media.

Thrift Store 264

Thrift Store Boutique 264

Inside Retail

AUGUST 29, 2024

Established in 2021, the organisation is run by the Australian Sporting Goods Association (ASGA) with a mission to reduce waste generated by the sports industry. TreadLightly has launched Sports Ball, a new recycling program aimed at reducing the number of sports balls that end up in landfills each year.

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Sporting Goods ATS 276

Retail TouchPoints

SEPTEMBER 11, 2024

In June 2021 Backcountry deployed Centric Software’s PLM solution to help the retailer plan, design and develop products. By integrating their strengths with our commitment to digital innovation, we believe there is significant potential for continued growth.”

Outdoor 264

Outdoor Planning Marketing 264

Inside Retail

SEPTEMBER 8, 2024

The proceeding has been filed by Australian legal consultancy company Echo Law on behalf of Domino’s shareholders who scooped an interest in the firm by entering equity swap confirmation between August 18, 2021 and November 3, 2021. Echo Law did not immediately respond to a Reuters request for additional comments.

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Marketing 182

Inside Retail

DECEMBER 5, 2024

Data collected by the National Association of Realtors also found that millennials made up 43 per cent of home buyers in 2021, the largest generational group. It generated about $150 million in revenue in 2021 and has become one of the most popular home goods brands in the direct-to-consumer (DTC) and physical retail space.

Marketing 244

Marketing Apparel Consumer Accounting 244

Retail TouchPoints

JULY 26, 2024

The partners opened their first shop-in-shops in 2021. Nordstrom is expanding its shop-in-shop partnership with custom apparel brand Indochino by adding five new locations, bringing the total number of Indochino shops in Nordstrom stores to 32. Indochino specializes in made-to-measure suits, shirts, chinos and outerwear for men and women.

Shopping 278

Shopping Apparel Shipping Fashion 278