Retail TouchPoints

MARCH 27, 2023

In fact, embedded finance will be a $777 billion opportunity by 2029. What’s really exciting about embedded finance is the simplicity of making complex payments accessible to a wide range of people and businesses, and the creative innovations that are opening new use cases and new opportunities. So how can businesses get a piece of it?

Payment Services 264

Payment Services Finance Consumer Accounting 264

Small Biz Trends

JULY 19, 2022

If you’re also struggling to stay afloat due to piled-up accounts receivable, you can opt for accounts receivable financing to improve cash flow in your company. What Is Accounts Receivable Financing? Accounts receivable financing should not be confused with invoice factoring. Minimum paperwork.

Finance 119

Finance Accounting Merchant Services Payment Services 119

Inside Retail

FEBRUARY 13, 2023

Partner at accounting firm Pitcher Partners Mark Harrison believes rising interest rates can also make it harder for retailers to obtain finance, as businesses are assessed as having a lower capacity to borrow funds. He expects future rate rises before overall deflation in the retail market occurs.

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Finance Fashion Marketing Accounting 246

Retail TouchPoints

NOVEMBER 14, 2024

From ecommerce, logistics and digital marketing, these sectors are heavily reliant on data for their day-to-day operations. As a result, the retail and consumer industries have become an attractive target for cybercriminals, with research revealing that in 2023, retail and wholesale accounted for 11% of cybersecurity incidents.

Payment Services 277

Payment Services Consumer Management Point of Sale 277

Inside Retail

OCTOBER 28, 2024

Gucci, which accounts for half of the group’s annual sales and two-thirds of its profit, was down 25 per cent in the quarter. The Americas market grew by 11.7 According to CNBC, Hermes’ stock had soared to more than $22 per share at close of trading on October 24, lifting its market capitalisation to more than $233 billion.

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Clienteling Finance Consumer Accounting 246

Retail TouchPoints

DECEMBER 17, 2024

This is every part of the marketing funnel being used. AI Agent Gatekeepers Could Dramatically Shift Marketing Strategies So what does all of this mean for retail? Its showing me all the different features and I dont even need to link out to these [websites] because it creates these shopping modules that I can click into.

Shopping 289

Shopping Merchant Services Consumer Advertising 289

Retail TouchPoints

MARCH 20, 2025

However, numerous accounts of AIs deceptive behavior raise justifiable concerns within the AI community. Transparency and accountability must come first. Without transparency, holding AI accountable can be difficult, leading to misuse, bias or even harm. Then, we must rigorously test these systems for potential misuse.

Accounting 147

Accounting Finance Promotions Management 147

Retail TouchPoints

AUGUST 4, 2023

Micro markets are one of the key self-service options that are becoming increasingly popular in airports. Micro markets also offer simple and secure payment options, allowing tourists to pay with their credit card and not have to worry about taking out or exchanging cash. Before relocating to Hunt Valley, Md.

Payment Services 246

Payment Services Kiosk Marketing Inventory Management 246

Retail TouchPoints

OCTOBER 19, 2022

SVP and Chief Accounting Officer Michael Maher will step into the role on an interim basis while the company conducts an internal and external search for a permanent CFO. “As Maher has more than 25 years of finance and accounting experience and joined Nordstrom in 2009 as controller.

Finance 278

Finance Accounting Management ATS 278

Inside Retail

APRIL 10, 2024

But while labour and marketing budgets are typically the first to be put on the chopping block, retailers may be overlooking opportunities to reduce costs in the back end by automating everyday finance functions, such as accounts payable and accounts receivable. “I

Payment Services 264

Payment Services Finance Accounting Management 264

Retail TouchPoints

MARCH 31, 2025

A chargeback happens when the credited amount from the initial charge to your business checking account is reversed. Monitor your account regularly to prevent unexpected charges or rate increases. A veteran of the finance industry, Eric Cohen founded Merchant Advocate. Manage chargebacks effectively.

Payment Services 147

Payment Services Merchant Services Point of Sale Accounting 147

Retail TouchPoints

DECEMBER 5, 2023

Retailers naturally plan a lot of spend around this, with extra staff and extra marketing. This means that marketing spend aimed at these high-spending visitors over Christmas is likely to get less return than usual. Consider collaborating with an influential Chinese influencer to really amplify your visibility to this market.

Marketing Spend 273

Marketing Spend Visual Merchandising Marketing Consumer 273

Inside Retail

MARCH 12, 2025

Savills explores the key drivers of growth, market challenges and future opportunities shaping Vietnams retail industry this year. Compared to Thailand, Indonesia, or Singapore, Vietnams retail market is still developing, said Matthew Powell, director of Savills Hanoi. per cent year-on-year in Q4 last year.

Payment Services 130

Payment Services Location Finance Consumer 130

Retail TouchPoints

AUGUST 8, 2022

Martin brings 25 years of retail experience, most recently as EVP and CFO of Guitar Center , where he was responsible for accounting and finance, real estate, sourcing, distribution and logistics. He also spent time with Lands’ End , Gap , Disney , Coldwater Creek and Amgen.

Finance 270

Finance Store Operations Apparel Accounting 270

Retail TouchPoints

JUNE 3, 2024

In many cases, winners helped bring new solutions, market categories and concepts to market, elevating the standards for success in the retail industry. 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

Inside Retail

JULY 9, 2023

She has a background in marketing, finance and accounting which gained from her previous roles. Carolyn Young has been appointed Retail New Zealand’s new CEO, succeeding Greg Harford who will step down on July 21. Young was most recently the CEO of Special Olympics New Zealand and Netball Central Zone.

Finance 246

Finance Accounting Marketing ATS 246

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.

Promotions 264

Promotions Finance Accounting Management 264

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

NOVEMBER 4, 2020

In 2019 , the total market share of online U.S. 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% 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

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. Glaser will stay on until Oct. 1, 2022 to ensure a seamless transition.

Finance 278

Finance Accounting Management Consumer 278

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. Dynamic creative optimization (DCO) serves as a catalyst for unlocking the full potential of both emerging and established RMNs.

Accounting 264

Accounting Marketing Finance Consumer 264

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%. He guided the business to strong volume performance and market share gains across the retail brand portfolio.

Consumer 255

Consumer Apparel Accounting Finance 255

Retail Focus

MARCH 7, 2025

Example: A Shopify store integrates a crypto payment gateway , allowing customers to pay with BTC, ETH, or USDT without needing a bank account. Expanding Global Reach Businesses can tap into international markets without relying on banks. Integration with e-commerce platforms Works with Shopify, WooCommerce, and Magento.

Payment Services 130

Payment Services Merchant Services Accounting Finance 130

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

Inside Retail

SEPTEMBER 5, 2023

Biossance makes up 48 per cent or $28 million of all sales while JVN Hair, founded by Netflix’s “Queer Eye” star Jonathan Van Ness, accounts for 21 per cent of sales or $12.3 The financing will support the continued day-to-day operations as the business works with its key stakeholders to negotiate a “consensual go-forward plan”.

Finance 246

Finance Accounting Fashion Planning 246

Retail TouchPoints

NOVEMBER 3, 2021

Sodipo most recently led Product Finance and Strategy at Stripe and will bring her expertise in payments to Glossier’s Accounting and Finance teams. She will work closely with Chief Marketing Officer Ali Weiss and Chief Technology Officer Pawan Uppuluri to help maintain the brand both online and offline.

Finance 264

Finance Payment Services Accounting Returns 264

Retail TouchPoints

MARCH 3, 2021

The on-demand manufacturing market is expected to reach approximately $112 billion by 2024, growing at an astounding 19.8% This liquidity allows brands to boost revenue-driving activities such as marketing, which increases sales and ultimately grows their business.

Finance 232

Finance Apparel Accounting Consumer 232

Retail TouchPoints

MARCH 31, 2023

Retailers know that customer engagement must be the focus of their marketing efforts. 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.

Payment Services 278

Payment Services Accounting Point of Sale Customer Experience 278

Independent Retailer

NOVEMBER 18, 2021

Too often, independent retailers miss opportunities to increase their profits and streamline their operations because they are not taking a close enough look at accounting. . However, once a business moves to B2C, then something like Zoho will help management better monitor channels and leverage accounting data.

Accounting 105

Accounting Payment Services Management Wholesale 105

Retail Gazette

DECEMBER 27, 2023

Lidl UK finance boss Marco Di Costanzo has stepped down from his role, following a £76m loss from the discounter. “I assume the projected profitability targets for this year are not being reached so someone has to be kept accountable. The retail giant also has nearly £3bn worth of debt. .

Finance 103

Finance Accounting Supermarket Planning 103

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.

Payment Services 359

Payment Services Promotions Consumer Inventory Management 359

Retail TouchPoints

OCTOBER 18, 2023

She will have full accountability for AEO store operations across the U.S. and Canada, as well as brand finance and strategy and merchandise planning. In the new role of EVP of Brand Operations at AEO, van Ogtrop will drive greater brand collaboration while fueling growth and profitability across American Eagle and Aerie.

Finance 278

Finance Accounting Store Operations Planning 278

Rangeme

DECEMBER 14, 2021

It might require updates to production processes, scaling your logistics team, updating your marketing, and sourcing the funds to pull it all together. 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.

Finance 98

Finance Payment Services Accounting Consumer 98

Retail Focus

MAY 3, 2022

It contains the outline of your idea for a business, your market strategies, costs, and source of funding. Marketing strategy. Conduct market research. Market research is crucial. Acquiring funding and handling finances. Likewise, decide whether you need to hire an accountant or use accounting software.

Shopping 233

Shopping Accounting Planning Finance 233

Retail TouchPoints

JANUARY 21, 2021

The term localization for many retail professionals and marketers is closely linked to advertising localization — serving culturally appropriate advertising to key regional segments. the decline of the total retail market this year is expected to be double that experienced in the 2009 financial crisis.

Advertising 299

Advertising Accounting Marketing Finance 299

Retail TouchPoints

JUNE 8, 2023

In fact, the sneaker resale market in the U.S. Heeling and Dealing The sneaker resale market is a lucrative industry. The market is driven by “sneakerheads” and resellers, often using bots to buy up large quantities of in-demand sneakers, leading to shortages for regular consumers.

Jewelry 286

Jewelry Accounting Returns Fashion 286

Retail TouchPoints

APRIL 12, 2022

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