Retail TouchPoints

MARCH 23, 2022

Nike is pushing forward with its digitally focused direct-to-consumer strategy following a strong Q3, with plans to build “the marketplace of the future” and bring standalone Jordan stores to North America. 28, 2022, led by 15% growth in sales across the company’s owned digital and physical operations, referred to as Nike DIRECT.

Planning 247

Planning Wholesale Sporting Goods Accounting 247

Retail TouchPoints

MARCH 28, 2022

At the end of February 2022, the company made a significant mark on the Big Apple, opening a 7,974-square-foot flagship in SoHo. MINISO is taking their preferences into account and offering products in more diverse forms and categories to cater to their needs.” RTP: What are MINISO’s brick-and-mortar goals for 2022?

Planning 212

Planning Consumer Marketing Accounting 212

Retail TouchPoints

AUGUST 4, 2023

wholesale accounts, along with 10 independent specialty retailers in the southeastern U.S. This omnichannel expansion comes on the heels of a strong fiscal 2022, with the retailer reporting $1.8 The outdoor goods retailer also will add Dillard’s and Moosejaw to its key U.S. billion in revenues.

Specialty Retailers 244

Specialty Retailers Wholesale Planning Outdoor 244

Retail TouchPoints

JULY 27, 2022

Dollar General is planning to build three 1 million-square-foot distribution centers in an approximately $480 million combined investment to support the growing DG Private Fleet presence. Dollar General plans for the DG Private Fleet to account for 40% of all its drivers by early 2023. “We Aurora, Colo.; and Salem, Ore.,

Checkout 300

Checkout Kiosk Planning Accounting 300

Retail TouchPoints

MAY 3, 2023

Children’s specialty retailer Carter’s plans to open more than 50 new stores across the U.S. To enable these omnichannel purchasing behaviors, Carter’s highlighted the investments it has made in its app, which now accounts for one quarter of all ecommerce sales, over the last few years. million in Q1 2022.

Planning 222

Planning Specialty Retailers Apparel Accounting 222

Retail TouchPoints

MARCH 5, 2021

The company is planning to open 100 new stores this year while at the same time relocating or closing 25 existing stores, bringing the net total of new stores in 2021 to 75. We feel good about the merchandising and operational plans that we have developed for this smaller prototype. For the 13 weeks ended Jan. billion. “I

Planning 226

Planning Location Store Operations Accounting 226

Retail TouchPoints

JANUARY 6, 2023

While the 2022 holiday season was by all accounts a success, retailers may want to buckle down as they head into the new year: four out of 10 U.S. Deloitte found that 51% of lower-income earners and 38% of higher-income earners felt that their finances took a turn for the worse in 2022. Retailers Must Show Economic Empathy.

Payment Services 315

Payment Services Promotions Consumer Inventory Management 315

Retail Focus

DECEMBER 5, 2022

With 2022 as the first year of MAPIC’s fully-fledged return post-pandemic, the atmosphere has been optimistic and energetic, with people looking forward to the experience of in-person retail and interactions. Each year, MAPIC hosts some of the retail real estate industry’s largest leasing announcements—and 2022 was no different.

Finance 182

Finance Outdoor Consumer Accounting 182

Inside Retail

MARCH 15, 2022

They have absolutely loved the new look and layout and we can’t wait to roll this out even further in 2022. ARO: What are some of the interesting challenges Witchery is focusing on for 2022? ARO: What are three of the most exciting opportunities for the Australian fashion industry in 2022?

Planning 130

Planning Fashion Shipping Management 130

Small Biz Trends

NOVEMBER 29, 2022

The year is almost over, but there’s still time to take actions that can reduce your 2022 tax bill. Last-Minute Tax Actions for 2022. If you buy and place in service qualified equipment by December 31, 2022, you can deduct 100% of the cost; no depreciation over a number of years is required. Set up a retirement plan.

Payment Services 137

Payment Services Planning Accounting Returns 137

Inside Retail

APRIL 28, 2021

Woolworths Group has pulled the plug on plans to open a Dan Murphy’s store in Darwin after an independent panel ruled that the development should not go ahead. The Gilbert Review has made it clear that we did not do enough in this community to live up to the best practice engagement to which we hold ourselves accountable.

Planning 234

Planning Supermarket Consumer Shopping 234

Retail TouchPoints

JANUARY 11, 2023

alone by 2024, accounting for 20% of total digital ad spend, according to Insider Intelligence. Among the new offerings are the debut of the Microsoft Retail Advertising Network , which will allow retailers to pull from a large pool of brand advertisers, and the piloting of an in-store retail media solution.

Advertising 265

Advertising Planning ATS Marketing 265

Retail TouchPoints

JANUARY 12, 2023

Mattress Firm has withdrawn its plans for an IPO this year, according to documents filed with the SEC. 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.

Marketing 269

Marketing Accounting Planning Returns 269

Retail TouchPoints

JULY 20, 2023

When members of the restaurant’s loyalty program hover their palm over the reader, associates can pull up their MyPanera account information, greet the guest by name and provide a customized experience, including palm-based payment.

Payment Services 208

Payment Services Planning ATS Supermarket 208

Retail TouchPoints

JULY 8, 2022

GameStop has named Diana Saadeh-Jajeh, the retailer’s Chief Accounting Officer, as CFO, effective immediately. After making more than 600 corporate hires in 2021 and the first half of 2022, we have a stronger understanding of our transformation needs,” said Matt Furlong, CEO of GameStop in the memo. year-over-year to $483.7

Accounting 255

Accounting Accessories Planning Marketing 255

Inside Retail

JANUARY 27, 2024

million tonnes in the 2022 fiscal year. Ikea’s use of raw materials such as wood accounts for the biggest share (45.9 per cent) of the company’s emissions, with Ikea product use in customers’ homes accounting for 16.1 Ikea’s use of raw materials such as wood accounts for the biggest share (45.9

Accounting 246

Accounting Planning ATS Supermarket 246

Retail TouchPoints

JANUARY 24, 2023

EWS’ owners debated a plan to allow shoppers to use Zelle directly for online purchases last year, but decided not to move forward, WSJ previously reported. The new, as-yet-unnamed digital wallet will be launched with Visa and Mastercard debit and credit cards, with plans to add other card networks in the future.

Merchant Services 261

Merchant Services Payment Services Accounting Checkout 261

Retail TouchPoints

NOVEMBER 9, 2022

Retailers have reason to be positive about the holiday season — Americans are still planning to spend about the same or more than last year on gifts, despite the fact that 93% are concerned about the economy and rising living costs, according to EY’s latest Consumer Future Index.

Consumer 212

Consumer Planning Fashion Accounting 212

Retail TouchPoints

JUNE 8, 2023

Sprouts currently operates more than 380 stores in 23 states and is looking to expand, with plans for new store growth of 10% annually beginning in 2024. Alongside that footprint reduction, Sprouts also plans to continue to invest in energy-efficient technologies to reduce its electricity usage in stores and distribution centers.

Accounting 238

Accounting Planning Marketing ATS 238

Retail TouchPoints

JANUARY 3, 2023

2022 saw the fastest pace for inflation in decades. Specifically, bot operators continue to siphon retailer profits with increasingly sophisticated automated threats — including account takeover, web and API scraping and more. Fake Account Creation Bots can create fake accounts at scale which are then used to abuse retail promotions.

Merchant Services 281

Merchant Services Payment Services Accounting Checkout 281

Retail TouchPoints

MARCH 26, 2021

The move, which will include products sold both in-store and online, is part of an effort to rebuild JCPenney in 2021 as the basis for returning to solid growth in 2022. Other parts of JCPenney’s turnaround plan include putting a greater emphasis on private label in the apparel and home categories and scaling back contracts with vendors.

Apparel 282

Apparel Accounting Returns Planning 282

Inside Retail

JULY 13, 2021

Woolworths has announced plans for a new online fulfilment centre in Sydney’s Sutherland Shire, aiming to better serve the region spanning from Engadine to Kurnell – adding a further 15,000 potential customers to its home delivery and direct-to-boot pick up offers. An artist’s render of the site. Source: Supplied.

Fulfillment 246

Fulfillment Supermarket Accounting Planning 246

Retail TouchPoints

OCTOBER 18, 2024

To enter, members just need to log into their Diamond account between now and Nov. David’s Bridal introduced the Diamond loyalty program in December 2020 and expanded it to younger shoppers with its Diamond Prom program in December 2022. The retailer launched its wedding planning platform Pearl by David’s in January 2023.

Finance 255

Finance Accessories Shipping Accounting 255

Retail TouchPoints

NOVEMBER 18, 2022

million people plan to shop between Thanksgiving Day and Cyber Monday in 2022, representing 69% of all holiday shoppers, according to a survey conducted by the National Retail Federation (NRF) and Prosper Analytics. million people , 69% of those planning to shop across Thanksgiving weekend, heading out for deals.

Shopping 245

Shopping Department Stores Planning Accounting 245

Retail TouchPoints

APRIL 11, 2022

Lowe’s has promoted Brandon Sink to EVP and CFO, effective April 30, 2022. His appointment reflects our succession planning process and the talent across our company. Sink has more than 20 years of finance and accounting experience, including 12 years at Lowe’s in roles across finance, strategy and accounting.

Finance 238

Finance Promotions Accounting Returns 238

Retail TouchPoints

JANUARY 18, 2024

The planned $24.6 billion merger of supermarket giants Kroger and Albertsons has faced pushback from federal regulators, state Attorneys General and labor unions practically from the moment it was first announced in October 2022. Top execs from both companies defended the merger in testimony to a U.S.

Grocer 227

Grocer Wholesale Supermarket Accounting 227

Retail TouchPoints

MAY 27, 2022

Apple is reportedly planning to boost starting pay for U.S. Starbucks also is countering a union push and has invested nearly $1 billion in increased pay, modernized training and other worker-centric initiatives in 2022. store associates to $22 per hour, and even higher in certain markets, according to The Wall Street Journal.

Accounting 265

Accounting Location Marketing Planning 265

Retail TouchPoints

SEPTEMBER 6, 2022

2, 2022 after falling from his balcony. The retailer has named SVP and Chief Accounting Officer Laura Crossen as Interim CFO, according to a regulatory filing. Bed Bath & Beyond EVP and CFO Gustavo Arnal died on Sept. Arnal joined Bed Bath & Beyond in May 2020 alongside three other C-level leaders.

Accounting 198

Accounting Planning ATS Store Operations 198

Retail TouchPoints

JANUARY 5, 2023

New perks include an Elite Support Line for prioritized exclusive assistance for business needs and account management services with personalized purchase support from Home Depot experts. The retailer plans to announce additional benefits for the Member, Elite and VIP tiers throughout 2023.

Accounting 219

Accounting Planning Management Shopping 219

Retail TouchPoints

JULY 14, 2023

billion in 2022 as well as the previous high of $37.1 billion , with the top products planned for purchase including laptops ( 51% ), tablets ( 36% ) and calculators ( 29% ). Families with children in elementary through high school plan to spend an average of $890.07 Consumers are expected to spend a record $41.5 set in 2021.

Discount Store 205

Discount Store Department Stores Planning Accessories 205

Retail TouchPoints

AUGUST 26, 2022

Dollar General has promoted John Garratt to President and CFO, effective September 1, 2022. He will add responsibilities for the company’s strategic healthcare initiatives and its international expansion to Mexico to his existing finance, accounting, strategy and procurement functions. From 2004 to 2014 he served at Yum!

Promotions 219

Promotions Finance Accounting Management 219

Retail TouchPoints

JANUARY 25, 2024

Passwords are at the heart of the issue and account for 30% of all abandoned online purchases. Apple rolled out passkey support via the iCloud Keychain in macOS Ventura and iOS 15 in June 2022, and Google announced support for passkeys on Chrome and Android in May2023.

Payment Services 238

Payment Services Shopping Accounting Checkout 238

Retail TouchPoints

DECEMBER 16, 2024

This requires targeted upskilling in critical areas like carbon accounting and management, sustainable procurement and stakeholder management. Establishing clear communication protocols, cross-departmental KPIs and accountability measures is essential. Our research highlights that U.S.

Supply Chain Management 225

Supply Chain Management Finance Accounting Management 225

Retail TouchPoints

MAY 9, 2022

Nike products accounted for nearly two-thirds of total supplier spend for Foot Locker in Q4 2021, but Foot Locker is aiming to diversify its product portfolio as Nike pushes away from some retail partners to focus on its own DTC business and new store concepts.

Apparel 244

Apparel Marketing Spend Accounting Consumer 244

Retail TouchPoints

MARCH 7, 2024

Nestled among its Q4 2023 earnings was the news that Nordstrom plans to add a third-party marketplace to the Nordstrom.com website in April. “By over Q4 2022. The company’s digital business remains strong, accounting for 36% of sales in fiscal 2023. 3, 2024, with net sales increasing 2.2% over the same quarter last year.

Department Stores 219

Department Stores Accounting Planning Shopping 219

Retail Gazette

APRIL 9, 2024

Home Bargains owner TJ Morris has posted a rise in sales and profit as it pushes ahead with its expansion plan. from £3.4bn to £3.7bn in the year to 30 June 30, according to accounts filed with Companies House. during the period, up from £293m in 2022 to £332m. The Liverpool-based discounter saw its turnover jump 10.2%

Planning 116

Planning Accounting Shopping ATS 116

Retail TouchPoints

OCTOBER 12, 2022

Shoppers can link their accounts to earn one mile per $1 spent on eligible purchases at Starbucks as well as double Stars on eligible purchases at participating Starbucks stores on days when they have a flight scheduled with Delta. in July 2022 — even further.

Accounting 240

Accounting Planning Marketing ATS 240