Inside Retail

AUGUST 29, 2023

The plans were revealed along with the group’s annual result which saw a $33.5 With that taken into account, comparable store sales rose by 9.6 ” A focus on e-commerce has seen online sales account for 20 per cent of group turnover in the latest financial year, with 4.4 million turnaround from a loss of $16.4

Planning 241

Planning Apparel Accounting Returns 241

Retail TouchPoints

MARCH 8, 2024

Still, O’Sullivan said he believes the 100 -store target is achievable in 2024, with Burlington planning to open approximately 140 stores this year. After accounting for relocations and closures of other locations, this should allow the company to hit that 100 -store mark. billion over the next five years.

Planning 229

Planning Location Accounting ATS 229

Inside Retail

FEBRUARY 11, 2024

Customer experience LSKD has ‘audacious’ growth plans for the next few years and Shaughnessy is expected to play a key role in helping the brand create a unique in-store experience and ensuring the right products are stocked in each store. LSKD was recently named ‘Business of the Year’ in the 2024 Telstra Best of Business Awards.

Planning 264

Planning Drop-Shipping Customer Experience Wholesale 264

Retail TouchPoints

MARCH 7, 2024

million in cash for the Zulily website and domain names, trademarks, tradenames, customer database, social media accounts and software, and said in a statement that it expects the Zulily site to be “fully functional” by the end of Q2 2024. plans to relaunch Overstock.com as a standalone site later this month. Beyond paid $4.5

Planning 237

Planning Home Furnishings Jewelry Fulfillment 237

Retail TouchPoints

MAY 30, 2024

PayPal is entering the media business with plans for a new advertising platform that will draw on its relationships with millions of consumers and merchants to help the latter “sell more products and services effectively,” according to a company statement.

Advertising 236

Advertising Merchant Services Payment Services Planning 236

Retail TouchPoints

JANUARY 30, 2023

” The pandemic served as a propellent for online grocery, and many consumers aren’t returning to traditional in-store shopping: online grocery is expected to account for 20.5% We look forward to quickly expanding , offering busy families across the country drive-up grocery convenience without compromise.” of all U.S.

Grocer 307

Grocer Planning Supermarket Inventory Management 307

Retail TouchPoints

APRIL 7, 2023

This includes new types of insurance plans and preventive tools like AI and threat monitoring. For example, implementing two-factor authentication login methods can increase customers’ account security. The rise in cybercrime is increasing the market for tools and solutions to defend against hackers.

Planning 223

Planning Payment Services Accounting Consumer 223

Inside Retail

MARCH 19, 2024

Ship By Loop allows Loop customers to create carrier accounts directly within Loop, so they can easily get access to the best negotiated rates. The post Planning to sell online in the US? Loop also helps reduce loss to fraud by providing retailers with the tools they need to identify and reduce fraudulent returns.

Planning 290

Planning Shipping Returns Customer Retention 290

Retail TouchPoints

MAY 16, 2024

Once a user clicks that button, they will be directed to check the authenticity of the item through Certilogo’s AI-based authentication system by signing in with their Ebay account. When the authentication process is complete, an Ebay listing will be pre-filled with information from the brand about the item.

Planning 238

Planning Consumer Fashion Shopping 238

Retail TouchPoints

MAY 3, 2023

Children’s specialty retailer Carter’s plans to open more than 50 new stores across the U.S. To enable these omnichannel purchasing behaviors, Carter’s highlighted the investments it has made in its app, which now accounts for one quarter of all ecommerce sales, over the last few years.

Planning 222

Planning Specialty Retailers Apparel Accounting 222

Retail TouchPoints

AUGUST 4, 2023

wholesale accounts, along with 10 independent specialty retailers in the southeastern U.S. L.L.Bean will open four new stores this fall, two in Massachusetts and two in Quebec, along with a French-language ecommerce site to support its Canadian stores. The outdoor goods retailer also will add Dillard’s and Moosejaw to its key U.S.

Specialty Retailers 244

Specialty Retailers Wholesale Planning Outdoor 244

Retail TouchPoints

JANUARY 11, 2023

alone by 2024, accounting for 20% of total digital ad spend, according to Insider Intelligence. Among the new offerings are the debut of the Microsoft Retail Advertising Network , which will allow retailers to pull from a large pool of brand advertisers, and the piloting of an in-store retail media solution.

Advertising 265

Advertising Planning ATS Marketing 265

Inside Retail

SEPTEMBER 9, 2024

Miniso’s IP products account for over 70 per cent of its offerings, with about 30 per cent featuring Sanrio characters such as Kuromi, Melody, and Cinnamoroll. Miniso already has its typical variety stores in Sydney and Melbourne and plans to open more in key cities across the country.

Accounting 290

Accounting Location Planning Shopping 290

Retail TouchPoints

JULY 20, 2023

When members of the restaurant’s loyalty program hover their palm over the reader, associates can pull up their MyPanera account information, greet the guest by name and provide a customized experience, including palm-based payment.

Payment Services 208

Payment Services Planning ATS Supermarket 208

Retail TouchPoints

JULY 27, 2022

Dollar General is planning to build three 1 million-square-foot distribution centers in an approximately $480 million combined investment to support the growing DG Private Fleet presence. Dollar General plans for the DG Private Fleet to account for 40% of all its drivers by early 2023. “We Aurora, Colo.; and Salem, Ore.,

Checkout 300

Checkout Kiosk Planning Accounting 300

Retail TouchPoints

JANUARY 24, 2023

EWS’ owners debated a plan to allow shoppers to use Zelle directly for online purchases last year, but decided not to move forward, WSJ previously reported. The new, as-yet-unnamed digital wallet will be launched with Visa and Mastercard debit and credit cards, with plans to add other card networks in the future.

Merchant Services 261

Merchant Services Payment Services Accounting Checkout 261

Retail TouchPoints

MAY 12, 2023

At Nordstrom, Smith will be responsible for financial planning and analysis, accounting, tax, internal audit, treasury, investor relations and strategy sourcing. Smith brings extensive experience in retail finance posts, including serving as CFO at Walmart from 2010 to 2014 and at Target from 2015 to 2020.

Finance 311

Finance Accounting Planning ATS 311

Retail TouchPoints

JANUARY 12, 2023

Mattress Firm has withdrawn its plans for an IPO this year, according to documents filed with the SEC. After going private in 2016, the chain hit a few bumps in the road, including an accounting scandal that saw the resignation of the current CEO.

Marketing 269

Marketing Accounting Planning Returns 269

Retail TouchPoints

NOVEMBER 27, 2024

The goal is to hold Amazon accountable for alleged labor abuses, environmental degradation and threats to democracy. Unions and allied groups are planning demonstrations in more than 20 countries, including major U.S. cities, Germany, the UK, Japan and Brazil.

Planning 239

Planning Accounting ATS Fulfillment 239

Retail TouchPoints

JANUARY 3, 2023

Specifically, bot operators continue to siphon retailer profits with increasingly sophisticated automated threats — including account takeover, web and API scraping and more. According to the 2022 State of Bot Mitigation Report , nearly 70% of companies using anti-bot solutions lost revenue to bot-driven account fraud.

Merchant Services 281

Merchant Services Payment Services Accounting Checkout 281

Inside Retail

AUGUST 25, 2024

Fiona Hayes, CEO, 7-Eleven, revealed the plan to the delegates at the Australian Franchise Summit in Melbourne today. “7-Eleven We are embarking on much broader journey, firstly in neighbourhoods, so we are planning to double our store growth over the next 10 years,” Hayes said. We see ourselves as a value player. It is very exciting.

Planning 289

Planning Accounting Marketing Shopping 289

Retail TouchPoints

JUNE 8, 2023

Sprouts currently operates more than 380 stores in 23 states and is looking to expand, with plans for new store growth of 10% annually beginning in 2024. Alongside that footprint reduction, Sprouts also plans to continue to invest in energy-efficient technologies to reduce its electricity usage in stores and distribution centers.

Accounting 238

Accounting Planning Marketing ATS 238

Inside Retail

AUGUST 20, 2024

Pureplay online furniture retailer Temple & Webster has an ambitious five-year growth plan, and TikTok could be the key to making it happen. Currently, the brand’s main social media channel is Instagram, but it does have a TikTok account. I’m not underplaying Tiktok, but right now, Instagram is our focus,” he said.

Social Commerce 278

Social Commerce Accounting Marketing Shopping 278

Inside Retail

JANUARY 27, 2024

Ikea’s use of raw materials such as wood accounts for the biggest share (45.9 per cent) of the company’s emissions, with Ikea product use in customers’ homes accounting for 16.1 ” Glue in wood board materials alone accounts for 5 per cent of Ikea’s total emissions.

Accounting 246

Accounting Planning ATS Supermarket 246

Retail TouchPoints

OCTOBER 26, 2023

The 360-degree campaign was designed to speak to True Religion’s loyal shoppers with a digital-first media plan, followed by a holiday-specific influencer extension. High-profile talent from the worlds of music, fashion and sports will create a series of holiday content and take over True Religion’s Instagram account each week.

Accounting 255

Accounting Accessories Apparel Fashion 255

Inside Retail

FEBRUARY 5, 2023

With Adamantem, we plan to invest in further expansion of our global footprint, leverage customer insights and analytics to drive our customer proposition and establish market-leading ESG frameworks for the business,” said Alani. “Retail Zoo’s brands are well positioned through cycles as an ‘affordable indulgence’ offering.”

Accounting 279

Accounting Planning Marketing Management 279

Retail TouchPoints

DECEMBER 16, 2024

This requires targeted upskilling in critical areas like carbon accounting and management, sustainable procurement and stakeholder management. Establishing clear communication protocols, cross-departmental KPIs and accountability measures is essential. Our research highlights that U.S.

Supply Chain Management 225

Supply Chain Management Finance Accounting Management 225

Inside Retail

AUGUST 7, 2023

In a trading update issued today based on unaudited accounts, the company said it expects to report a 12.5 Online sales accounted for 20.5 Department store Myer says sales and profit are continuing to grow despite the challenging economic environment, with its online business continuing to strengthen. per cent increase in sales to $3.4

Department Stores 246

Department Stores Accounting Returns Planning 246

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. The challenge for retailers is understanding where their customers will be six months from now and positioning their inventories, promotional plans and overall business outlook accordingly.

Payment Services 315

Payment Services Promotions Consumer Inventory Management 315

Retail TouchPoints

JANUARY 19, 2023

Chances are the next big retail breach will be caused by one of these four attacks: “CEO Fraud” As email security solutions get better at blocking traditional phishing messages, they are pushing cybercriminals to up the ante by impersonating real accounts. The attack can target any web browser-based account (such as email, Slack, etc.)

Payment Services 261

Payment Services Accounting Management Planning 261

Retail TouchPoints

SEPTEMBER 12, 2024

During the upcoming Retail Strategy & Planning Series , experts will explore these trends further to identify top tips and tactics for driving holiday sales results. Click here to register for the week-long Retail Strategy & Planning Series, which begins on Sept. In the key grocery category, Placer.ai A recent Placer.ai

Merchant Services 287

Merchant Services Returns Consumer Planning 287

Retail TouchPoints

JUNE 12, 2024

Omnichannel planning is widely recognised as the contemporary, effective and optimal approach to coordinating digital media. We all know that crafting a brilliant digital media plan stems from developing a comprehensive digital strategy. Sure, there are obvious benefits to omnichannel planning, but are we omni-obsessed?

Advertising 243

Advertising Planning Consumer Marketing 243

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. 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.

Accounting 260

Accounting Consumer Payment Services Planning 260

Retail TouchPoints

SEPTEMBER 19, 2024

Lee will be responsible for financial planning and analysis, internal audit, accounting, investor relations, financial products and services and corporate development. Target has named Jim Lee as its new CFO, effective Sept. He takes over from COO Michael Fiddelke, who has held both titles since January.

Finance 227

Finance Accounting Planning ATS 227

Inside Retail

FEBRUARY 8, 2024

million and now account for 21.3 Over the last five years as CEO, King has been enacting his ‘customer-first plan’ which has re-established Myer as Australia’s 8th most trusted brand, according to Roy Morgan. per cent, compared to the first half of the last financial year. The report revealed that online sales were $390.1

Department Stores 264

Department Stores Inventory Management Planning Returns 264

Retail TouchPoints

JANUARY 18, 2024

The planned $24.6 While this is longer than we originally thought, we knew it was a possibility and our merger agreement and divestiture plan accounted for such potential timing,” according to a joint statement from the retailers. “We Top execs from both companies defended the merger in testimony to a U.S.

Grocer 227

Grocer Wholesale Supermarket Accounting 227

Retail TouchPoints

JUNE 12, 2023

Chico’s FAS has appointed David Oliver, SVP – Finance, Controller and Chief Accounting Officer, to the role of EVP – CFO and Chief Accounting Officer, effective June 24, 2023. Current EVP – CFO Patrick Guido has resigned to accept a position at another company where he can be located closer to his family.

Finance 213

Finance Accounting Location Planning 213