Retail TouchPoints

NOVEMBER 25, 2024

Following an independent investigation and forensic analysis, Macy’s said it identified “a single employee with responsibility for small package delivery expense accounting” who had intentionally made erroneous accounting entries to hide approximately $132 to $154 million in delivery expenses from Q4 2021 to this current quarter.

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Retail Minded

MARCH 20, 2025

Thus, it highlights the urgent need for strong risk management strategies. Effective risk management involves identifying these threats, implementing preventive measures, and staying ahead of emerging vulnerabilities. Learning about these threats is the first step in developing strong risk management strategies.

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Inside Retail

DECEMBER 11, 2024

Change requires empathy and understanding for individuals and teams to manage the emotional rollercoaster it can create. Five simple starts to help manage change Link purpose, vision and values. Empower and hold to account. The post How to manage change without burning out employees appeared first on Inside Retail Australia.

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Inside Retail

FEBRUARY 6, 2025

We get that running a business is a constant juggle, and managing cash flow can be tricky. Inventory management software or a simple forecasting system can be a valuable tool to manage this. FAQs on small business cash flow management What steps can I take to maintain a positive cash flow?

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Inside Retail

FEBRUARY 11, 2024

Generation Z was predominant in the retail industry last year, accounting for 50.4 per cent of the sector’s employees, a report by workforce management firm Deputy shows. Millennials accounted for 27.9 The proportion of Gen Z employees in the sector increased from 45.5 per cent in 2022, the report added.

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Independent Retailer

NOVEMBER 15, 2024

In this article, we’ll talk about retail management, what it is and why it’s important. This information will be useful to entrepreneurs and business managers who implement approaches aiming at streamline processes, improving customer service and reducing costs.

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Retail Gazette

MARCH 4, 2025

Asda managers only found out about the supermarkets decision to scrap their annual bonuses when the news broke in the media, sources have told Retail Gazette. The supermarket giant has reportedly scrapped its bonus scheme for more than 10,000 managers due to underperformance, with the news first emerging in The Telegraph earlier this week.

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Retail TouchPoints

OCTOBER 18, 2024

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. In fact, account fraud is only getting more brazen; attempted fraud transactions increased 92% and attempted fraud amounts jumped 146% year-over-year.

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Retail TouchPoints

NOVEMBER 28, 2024

Mobile-first consumers: With 91% of shoppers using a smartphone to make purchases, mobile commerce sales are expected to account for 62% of all retail sales by 2027. These payment methods simplify transactions by allowing consumers to store multiple cards or bank accounts in a single digital wallet, reducing the need for manual entry.

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Retail TouchPoints

FEBRUARY 20, 2025

During checkout, shoppers will see an option to log in to their Amazon account and verify their Prime membership. Post-purchase, Prime members also can view, manage and track their Buy with Prime orders from their Amazon account on Amazon.com or their Adidas order confirmation email.

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Retail TouchPoints

OCTOBER 11, 2023

In fact, data from Legion Technologies finds that 37% of managers say they’re hiring more minors due to the shortage. Automating compliance management across the organization also fortifies security, makes compliance processes more efficient and even helps companies optimize labor costs by eliminating redundancies.

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Retail TouchPoints

JANUARY 24, 2025

Adverse Event Reporting and Record-Keeping MoCRAs stringent adverse event reporting requirements place a new level of accountability on cosmetic brand owners. These requirements underscore MoCRA’s focus on transparency, aligning cosmetics with other FDA-regulated industries like pharmaceuticals and food.

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Inside Retail

OCTOBER 22, 2024

Inside Retail spoke to Fenske to unpack her view on managers versus leaders, how her leadership style has evolved with time and experience and why she continues to reinvest in her professional development. IR : Being a manager and a leader are two entirely different roles. With a good balance of candor and accountability.

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Retail TouchPoints

NOVEMBER 14, 2024

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. In light of this, it’s critical that businesses strengthen their defenses.

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Inside Retail

NOVEMBER 25, 2024

.” Manousaridis also emphasised the need to penalise Zhao to hold him accountable and deter other company managers from committing the misconduct.

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Retail TouchPoints

OCTOBER 23, 2024

For retailers, 3P commerce provides the ability to offer an increased selection of products and helps reduce the risks of managing fulfillment — an issue we saw firsthand with recent supply chain disruptions,” said Lou Keyes, CEO of Rithum in comments shared with Retail TouchPoints.

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Retail TouchPoints

MARCH 26, 2025

After several months spent deciding the fate of its struggling Family Dollar division, parent company Dollar Tree has sold the banner to Brigade Capital Management and Macellum Capital Management for $1.007 billion. Family Dollar results were accounted for as discontinued operations. jump in traffic and a 0.1%

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Retail TouchPoints

FEBRUARY 6, 2025

In the words of Paula Mitchell, Digital General Manager, We wanted consumers to think of Freedom not as your mums brand but as your best friends brand. One of the key strategic goals was increasing online sales, which had previously accounted for approximately 6% of all sales.

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Inside Retail

MARCH 2, 2025

McDonalds Australia CEO and managing director Antoni Martinez is leaving the Golden Arches after nearly 20 years with the fast food giant and almost than three years in the leadership role. An accounting and marketing graduate, Chiczewski also has a Masters of Business degree.

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Retail TouchPoints

DECEMBER 18, 2024

trillion in 2023, accounting for 22% of total retail sales , with projections suggesting an increase to $1.9 Strategies for Enhancing Compliance To effectively manage the rise of RDFs and whatever new and challenging requirements may be on the way, retailers need to adapt their compliance strategies. trillion by 2029.

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Retail TouchPoints

FEBRUARY 17, 2025

Manage Peak Seasons Better One of the most powerful aspects of voice picking technology is its flexibility to adapt to fluctuations in order volume and changes in product lines. To enhance the WMS, the company included a multi-modal voice-directed applications and a management console.

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Retail TouchPoints

FEBRUARY 5, 2025

The next tier, which accounts for 20% of all investments, includes more experimental concepts that were tested on a small scale and proven to drive impact, either through brand awareness, buzz or sales. It also helps drive transparency and accountability, ensuring everyone is aligned on how new ideas connect to business objectives.

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Retail TouchPoints

OCTOBER 11, 2024

Additionally, this reduces cloud costs and improves ad traction and purchases, while also taking privacy factors into account. This ensures that like items are not stored randomly across a warehouse and allows retailers to accurately manage inventory. Vision AI is Here to Stay But all vision AI is different.

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Retail TouchPoints

FEBRUARY 26, 2025

Organized fraudsters use search and social media ads to deceive customers into clicking through to fake websites that steal their payment data, account login credentials or both. Marketing and Brand Impersonation Scams Brand imposters are a growing problem for major brands, but no brand is immune in the digital age.

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Retail TouchPoints

NOVEMBER 13, 2024

Importance of Effective Communication in Retail Security With the increased prevalence of retail crime, the ability to communicate in tandem among security personnel, management and law enforcement is essential. Retailers can use this accountability to improve response tactics and planning.

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Inside Retail

JANUARY 22, 2025

Inside Retail spoke to industry experts Brian Walker, founder and executive chair of Retail Doctor Group, Mal Chia, managing director and co-founder of Ecom Nation, and Dr Jessica Pallant, marketing lecturer at RMIT University, for their take on the situation. Catch co-founder Gabby Leibovich declined to comment for this story.

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Retail TouchPoints

OCTOBER 17, 2024

Through the Foot Locker Storefronts platform, Foot Locker can find best-fit creators, manage their engagements and reward influencers at scale with a commission on sales.

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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.

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Retail TouchPoints

JANUARY 13, 2025

With the holiday season just concluded, the challenge of managing merchandise returns is a reality for many retailers. According to the latest data from the National Retail Federation (NRF), merchandise returns are projected to reach an astounding $890 billion in 2024, accounting for approximately 16.9%

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Retail TouchPoints

FEBRUARY 10, 2025

Many of us have shared the following experience: Youre going about your day when you receive a text saying your package from Amazon couldnt be delivered and you need to log into your account to resolve the issue. Rishi Bhargava is Co-founder at Descope , a developer-first authentication and user management platform.

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Inside Retail

NOVEMBER 18, 2024

It’s hard to separate the cost-of-living crisis from the impending lawsuits against ‘The Big two’ as Australian households attempt to manage their household budgets amidst inflation. But with this unspoken pact breached, consumers and the ACCC are now looking for accountability and compensation.

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Retail TouchPoints

JANUARY 8, 2025

We need to account for customers with unique needs and establish stronger trust between robots and people to ensure these robotic helpers integrate seamlessly into retail environments. However, their effectiveness hinges on more than just advanced technology.

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Retail Gazette

NOVEMBER 21, 2024

Ted Baker’s wholesale business in the UK and Europe is set to be managed by Pace Partnership London (PPL), under the helm of former Barbour MD Ryan Llewellyn-Pace. He has selected a number of his former Barbour management team to support him with Ted Baker. Together, we are confident we can grow this well-loved brand”.

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Retail Focus

NOVEMBER 27, 2024

Kevin Johnson, retail manager at Gerflor, and Lee Jacovou, key account manager, said retailers are increasingly recognising that sustainable flooring offers a powerful combination of long-term durability and a reduced ecological footprint. “We

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