Remove Accounting Remove ATS Remove Planning
article thumbnail

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.

article thumbnail

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

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Guzman y Gomez reveals $759 million revenue, 30-store plan

Inside Retail

The GYG app and website accounted for 17 per cent of Australian network sales in June 2023. The chain was listed by GapMaps as one of the fastest-growing QSR brands by store numbers this year Another 30 outlets, including drive-throughs, are in the plans for the Australian market. At the time he referenced his dream of an IPO.

Planning 278
article thumbnail

Microsoft Takes Aim at Google, Amazon with Plans to Build ‘Omnichannel Retail Media Platform’

Retail TouchPoints

alone by 2024, accounting for 20% of total digital ad spend, according to Insider Intelligence. At Microsoft, we’re empowering retailer success by creating an economic engine for retailers while enabling them to own their data and customer relationships.”. Retail media spend is projected to reach more than $61 billion in the U.S.

article thumbnail

Starbucks Unveils Evolved ‘Reinvention’ Plan

Retail TouchPoints

The new “Triple Shot” plan builds on the original reinvention strategy introduced by former CEO Howard Schultz at the company’s Investor Day in September 2022. In fact, beverage innovations now account for 85% of beverage sales, the company shared. in fiscal 2024, with an ultimate long-term goal of 20,000 U.S.

Planning 234
article thumbnail

Lego Plans $1.4 Billion Sustainability Investment Over Next 3 Years

Retail TouchPoints

billion to design carbon-neutral buildings and facilities and boost production of renewable energy at its sites. These plans are part of the brand’s near-term climate target of reducing greenhouse gas (GHG) emissions 37% by 2032 compared to a 2019 base figure. They also figure into its goal of achieving net-zero GHG emissions by 2050.

Planning 230
article thumbnail

LSKD appoints first chief retail officer as part of its “audacious” growth plan

Inside Retail

During her time at Lululemon, which spanned 13 years from 2012 to 2020, Shaughnessy led over 40 stores and oversaw the brand’s national wholesale and community presence in ANZ. Its 10th store will open at Sunshine Plaza on March 10, and its 11th store at Pacific Fair on May 4. It also took home the award for outstanding growth.

Planning 264