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Shopify’s Double-Edged Sword: Tackling Accounting Complexities with Automation

Retail TouchPoints

Thus, it’s vital for CFOs to fully understand the challenges and potential risks, along with the strategies available for successfully handling Shopify’s accounting complexities. We have witnessed these challenges firsthand at Crew Finance. Businesses must start with accurate accounts from day one.

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Sustainability and Profitability: How Embedding Sustainability can Boost Business Performance

Retail TouchPoints

At the same time, underfunded sustainability teams spend much of their time educating other departments rather than executing initiatives. This requires targeted upskilling in critical areas like carbon accounting and management, sustainable procurement and stakeholder management. Our research highlights that U.S.

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Starbucks Eliminates 1,100+ Jobs as it Seeks to Simplify Support Structure

Retail TouchPoints

The layoffs come after Niccols January announcement that the coffee retailers leaders were taking a careful look at how its support teams are organized. Our intent is to operate more efficiently, increase accountability, reduce complexity and drive better integration. For Q1 of its 2025 fiscal year, which ended Dec.

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Under Armour Settles Accounting Practices Suit for $434 Million

Retail TouchPoints

Under Armour revealed in November 2019 that it had been the subject of a federal investigation into its accounting practices since 2017, with the Wall Street Journal reporting at the time that both the Justice Department and the Securities and Exchange Commission were looking at the retailer’s financial reporting. “We

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Myer’s net profit tumbles as labour, marketing costs increase

Inside Retail

Sales remained flat at $1.83 billion, attributed to mixed trading conditions, store closures, and Myer Exclusive Brands stock trapped at its national distribution centre. per cent to $409 million, accounting for 22.3 Comparable sales climbed 0.8 Meanwhile, online sales rose 4.8 per cent of total sales.

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Has Foot Locker found its stride with ‘Lace Up’ turnaround plan?

Inside Retail

In 2023, Foot Locker CEO and president Mary Dillon announced the launch of Foot Lockers multi-tiered revival plan, Lace Up. Our ‘Lace Up’ plan will create pathways for growth in both our areas of historic strength and our opportunity areas for the future, said Dillon. Even though Q4 sales were down by 5.8

Planning 130
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Is the Fear of Fraud Leading to Loss of Sales? AI Can Help.

Retail TouchPoints

In fact, 89% of consumers have complaints about keeping track of their passwords and 54% have stopped using an account or online service because they became frustrated when trying to log in. During a time when they’re demanding greater security and privacy amid the AI boom, this is a viable long-term strategy to consider planning for now.