Retail TouchPoints

SEPTEMBER 8, 2023

In a statement, the company reported that Baxter stepping down is “unrelated to the company’s accounting or financial reporting,” which was released earlier this week and included a consolidated net sales decrease of 6%. 15, 2023. He guided the business to strong volume performance and market share gains across the retail brand portfolio.

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Consumer Apparel Accounting Finance 255

Inside Retail

FEBRUARY 13, 2023

Following nine consecutive interest rate increases in Australia – with more likely to come – retailers are having to navigate a challenging economic environment, as consumers are looking to cut back their spending across a range of categories. per cent drop in consumer spending. This was arguably felt in December 2022, which saw a 3.9

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Finance Fashion Marketing Accounting 246

Retail TouchPoints

FEBRUARY 1, 2023

Over the years the retailer has carved a unique space in the Hispanic market thanks to its unique approach to financing, in-store services and merchandising. This has allowed the company to establish a unique value proposition that speaks to the Hispanic community, which is 62 million people strong and accounts for 19% of the U.S.

Jewelry 263

Jewelry Consumer Finance Payment Services 263

Retail TouchPoints

JUNE 18, 2024

The global economy is still in flux,” said Rob Garf, VP and General Manager of Retail and Consumer Goods at Sales f orce at a recent media briefing. billion commerce-focused consumer interactions as well supplemental consumer research. So what does all this mean for the holiday season? Register here.

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Consumer Shopping Shipping Marketing 290

Retail TouchPoints

FEBRUARY 26, 2024

Consumers are quickly losing trust, and companies must act swiftly and responsibly to restore it. A Pew Research study reveals a concerning trend: 67% of consumers have little understanding of what companies do with their data, a sentiment echoed by an IAPP study which found that only 29% feel informed about how their data is protected.

Consumer 317

Consumer Payment Services Finance Management 317

Retail TouchPoints

MAY 3, 2021

Roe will have responsibility for all finance functions and lead the retailer’s Strategy and Consumer Insights teams. for 25 years in positions including VP, Controller and Chief Accounting Officer; VP of Finance for the Jeanswear and Imagewear Coalitions; and CFO of the International Business. Tapestry has named Scott A.

Finance 264

Finance Apparel Accounting Promotions 264

Retail TouchPoints

NOVEMBER 4, 2021

Despite having just officially begun, this holiday shopping season already is marked by supply chain disruption, persistent inflation and mixed consumer confidence. And just like last year, it looks like consumers will respond by turning to ecommerce. Shortages and Sticker Shock Heighten Holiday Stress.

Consumer 264

Consumer Merchant Services Payment Services Drop-Shipping 264

Inside Retail

MARCH 12, 2025

Economic and demographic drivers The General Statistics Office of Vietnam estimated retail sales of goods and consumer services grew by 9.3 Previously, many Vietnamese consumers preferred shopping abroad, especially in Bangkok, due to the strong presence of international brands. per cent year-on-year in Q4 last year.

Payment Services 130

Payment Services Location Finance Consumer 130

Inside Retail

OCTOBER 13, 2021

Options such as buy now, pay later (BNPL) services were first introduced to business to consumer (B2C) transactions, giving customers the ability to access products and services they need today while paying at a later date or over a series of instalments. . Drive business growth and provide a positive customer experience.

Payment Services 355

Payment Services Finance Customer Experience Wholesale 355

Retail TouchPoints

NOVEMBER 4, 2020

Consumer preference for online shopping continues to rise, as more purchases are being made online than in stores with each passing year. Because of this ease, merchants have begun relying on POS financing to drive sales growth. Digital fraud can take many forms, with the most common being account takeover ( 29.8%

Merchant Services 317

Merchant Services Payment Services Accounting Jewelry 317

Retail TouchPoints

OCTOBER 21, 2022

McKinsey calls this embedded finance — when a financial product or solution is placed in a non-financial setting, for example on a social media platform or in a store (private label credit cards are one old-school example). Embedded finance has become big business: McKinsey estimated that the sector reached $20 billion in revenue in the U.S.

Merchant Services 338

Merchant Services Payment Services Checkout Finance 338

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. 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.

Payment Services 359

Payment Services Promotions Consumer Inventory Management 359

Retail TouchPoints

AUGUST 9, 2022

CFO Scott Roe, with 30 years of retail finance and operations experience under his belt, will take on the COO role in addition to his current responsibilities, effective immediately. The company’s Strategy and Consumer Insights team, which formerly reported to Roe, will now fall under the purview of CEO Joanne Crevoiserat.

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Finance Accounting Management Consumer 278

Retail Gazette

JANUARY 3, 2025

Related Story End Clothing snapped up by private equity giant Apollo 10/10/2024 x 7:50 AM Accounts filed on Companies House show consultancy costs incurred to fix the problems and costs related to removing old stock. It added thatsofter consumer demand required the business to increase its promotional activity to shift stock.

Finance 116

Finance Accounting Promotions Consumer 116

Retail TouchPoints

AUGUST 26, 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. Garratt joined Dollar General in 2014 as SVP of Finance and Strategy and has served as EVP and CFO since December 2015.

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Promotions Finance Accounting Management 264

Retail TouchPoints

SEPTEMBER 25, 2024

As Retail TouchPoints has reported , discounting is expected to drive both the timing and amount of holiday spend this year, as inflation-weary consumers time their purchasing to promotional periods. Following the same trend, usage of buy now, pay later (BNPL) financing solutions also are expected to reach record levels this holiday season.

Sporting Goods 280

Sporting Goods Consumer Promotions Accounting 280

Retail TouchPoints

JUNE 3, 2024

And at the brand level, we have the honor of spotlighting executives from both established legacy retailers as well as emerging direct-to-consumer brands. Manager, Tinuiti Kris Bybee, Vice President of Finance, Tractor Supply Company Amanda Moschel, Senior Manager of Store Design, ULTA Beauty Carley Stypula, Sr.

Wholesale 312

Wholesale Space Planning Management Finance 312

Retail TouchPoints

NOVEMBER 3, 2023

Overall household finances remain in good shape and will continue to support the consumer’s ability to spend.” The NRF’s forecast, which is based on economic modeling that takes multiple factors into account, is in line with the Mastercard Spending Pulse prediction from September 2023 that U.S. retail sales will climb 3.7%

Finance 264

Finance Accounting Consumer Promotions 264

Inside Retail

SEPTEMBER 5, 2023

Synthetic biotech company Amyris is set to offload its clean beauty consumer brands as part of financial restructuring. Following the decision, the company is set to offload seven consumer brands: Biossance, JVN Hair, Rose Inc, Pipette, MenoLabs, 4U by Tia and Stripes, the menopause care brand founded by Anglo-Australian actress Naomi Watts.

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Finance Accounting Fashion Planning 246

Retail Focus

MARCH 20, 2025

Innovations such as contactless cards, mobile wallets, blockchain, and real-time payments are transforming transaction methods for consumers and companies. These services’ adaptability and convenience foster consumer loyalty and render traditional payment methods, such as cheques and bank transfers, progressively obsolete.

Payment Services 130

Payment Services Checkout Clienteling Finance 130

Retail TouchPoints

SEPTEMBER 15, 2022

All eligible associates will be able to contribute a portion of after-tax pay on a recurring basis directly from their paycheck to a personal savings account. consumers who have borrowed to finance the education necessary to unlock the best career opportunities,” said Scott Thompson, CEO of Tuition.io in a statement. “As

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Finance Accounting Management Location 289

Retail TouchPoints

FEBRUARY 5, 2024

As the RMN market is projected to surpass $100 billion in coming years, it’s no surprise that RMNs have been sprouting across various sectors, from hospitality and finance to conventional retail. It’s like offering everyone the perfect glass slipper instead of one-size-fits-all. This saves RMNs money in production, timing and media planning.

Accounting 264

Accounting Marketing Finance Consumer 264

Retail TouchPoints

MARCH 3, 2021

Driven by the explosive growth of ecommerce and shifting consumer preferences, on-demand, also known as cloud manufacturing, is now poised to revolutionize the supply chain industry. As ecommerce redefines the customer experience, consumers increasingly expect and desire personalized products. annually.

Finance 232

Finance Apparel Accounting Consumer 232

Retail TouchPoints

SEPTEMBER 27, 2024

After American Eagle warned Amazon to cease redirecting consumers to its third-party sellers, Amazon attempted to avoid further retribution by using misspelled variants of the brand name in sponsored ads, such as “Aries,” “Aeries,” and “Arie.”

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Advertising Customer Experience Finance Apparel 290

Retail TouchPoints

JANUARY 11, 2022

But ongoing pressure from consumers, employees and even regulators has forced businesses — especially retailers — to reprioritize sustainability along with broader corporate social responsibility (CSR) strategies. Consumer Demands Accelerate Sustainability Priorities. of purchases.

Consumer 317

Consumer Merchant Services Fashion Accounting 317

Retail TouchPoints

MAY 16, 2022

In BNPL, consumers receive the goods or services that they want to buy, but payment is staggered over monthly payments for a certain period of time with no interest. If the purchase amount is not paid off by a certain deadline, then typically the consumer must pay deferred interest plus additional interest until final payoff.

Merchant Services 239

Merchant Services Payment Services Accounting Consumer 239

Retail Focus

MARCH 7, 2025

This article explores the concept, benefits, challenges, and leading crypto payment gateways , helping businesses and consumers navigate this evolving financial landscape. Example: A Shopify store integrates a crypto payment gateway , allowing customers to pay with BTC, ETH, or USDT without needing a bank account.

Payment Services 130

Payment Services Merchant Services Accounting Finance 130

Retail TouchPoints

DECEMBER 20, 2022

Significantly, it has also been linked to the financing of terrorist activities, offering a lucrative and relatively low-risk source of funds. In 2019, GhostData found that 56,000 Instagram accounts were associated with the counterfeit of luxury brands, representing a 171% increase since 2016. So how to go about tackling this problem?

Accounting 58

Accounting Promotions Management Location 58

Retail TouchPoints

APRIL 12, 2022

In reality, only 9% of the plastic consumed ever gets recycled. Cervantes has assumed the CFO role from interim Co-CFOs Phil Moon and Janae De Crescenzo, who will continue with Grove in their positions as VP of Finance and Chief Accounting Officer respectively.

Finance 277

Finance Accounting Consumer ATS 277

Rangeme

DECEMBER 14, 2021

Today’s technology and the all-inclusive platforms for consumer packaged goods (CPG) operations management make that possible. Purchase order financing is a tool that CPG companies have been using for decades to finance the growth of their brands into businesses like Walmart, Walgreens , and Bed Bath & Beyond. No problem.

Finance 98

Finance Payment Services Accounting Consumer 98

Retail TouchPoints

JULY 9, 2021

What began as a trend to “go green” is now making real differences in profitability and the way consumers see brands. Department of Energy (DOE) reports that retail buildings account for the largest energy costs of any commercial sector in the country. Lighting accounts for 50% of energy costs for non-food retailers.

Management 264

Management Accounting Customer Experience Finance 264

Inside Retail

JULY 6, 2021

Accordingly, brands spend significant time and money positioning themselves to create positive associations with consumers, whether that’s through communicating their purpose or engaging in worthy environmental or social partnerships. ASIC’s consumer research indicates 21 per cent of BNPL users missed a payment in the past 12 months.

Payment Services 246

Payment Services Finance Consumer Accounting 246

Retail TouchPoints

AUGUST 18, 2022

But now, as BNPL offerings — and consumers’ understanding of them — mature, the explosive growth of the last two years is slowing. With inflation and interest rates on the rise, a more nuanced approach to BNPL is emerging, and experts say that’s a good thing for both consumers and retailers. In fact, 50% of U.S

Merchant Services 278

Merchant Services Payment Services Consumer Point of Sale 278

Retail TouchPoints

MARCH 31, 2023

In the same manner, the new service providers, the payment platforms, get worked up over Banking-as-a-Service and Embedded Finance, the latest industry buzzwords, without fully explaining the simplicity and value of the proposition. This allows the brand and consumer to engage on a far higher level than previously possible.

Payment Services 278

Payment Services Accounting Point of Sale Customer Experience 278

365 Retail

APRIL 23, 2021

If you’re looking for ways to grow your business this year, then an accountant can be a great help. Managing all your finances yourself is not only incredibly stressful, but it also takes time away from moments where you could be focusing on other areas of the business. Running a small business often involves a lot of multitasking.

Accounting 88

Accounting Finance Returns Management 88

Retail TouchPoints

JANUARY 10, 2024

According to the Corporate Finance Institute , “Inventory shrinkage occurs when the number of products in stock are fewer than those recorded on the inventory list. Distribution centers (DCs) now need to be able to provide supplies directly to stores but also shift to direct-to-consumer (DTC) for online purchases.

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Shrinkage Bar Codes Shipping Finance 310

Retail TouchPoints

FEBRUARY 27, 2024

A cyberattack that compromises customer personal information can diminish the trust consumers place in a brand. Her team consists of over 50 brokers, service specialists and consultants focused on risk management and insurance for the retail, wholesale and distribution of consumer goods. Mary’s College of California.

Payment Services 278

Payment Services Wholesale Store Layout Inventory Management 278