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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. Startups, especially those eyeing acquisitions or public offerings, must navigate these accounting complexities from the outset.

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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

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Starbucks Eliminates 1,100+ Jobs as it Seeks to Simplify Support Structure

Retail TouchPoints

In November 2024 Niccol laid out details of the Back to Starbucks plan, designed to re-establish the chain as the Community Coffee House, including simplifying an overly complex menu, returning to self-service condiment bars and doing a better job of balancing mobile and in-person orders. For Q1 of its 2025 fiscal year, which ended Dec.

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Sustainability and Profitability: How Embedding Sustainability can Boost Business Performance

Retail TouchPoints

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.

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Has Foot Locker found its stride with ‘Lace Up’ turnaround plan?

Inside Retail

In 2023, Foot Locker CEO and president Mary Dillon announced the launch of Foot Lockers multi-tiered revival plan, Lace Up. Our ‘Lace Up’ plan will create pathways for growth in both our areas of historic strength and our opportunity areas for the future, said Dillon. Even though Q4 sales were down by 5.8

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Myer’s net profit tumbles as labour, marketing costs increase

Inside Retail

per cent to $409 million, accounting for 22.3 “In a year of transition, we remain focused on executing our strategic plans to drive growth and attractive shareholder returns.” “In a year of transition, we remain focused on executing our strategic plans to drive growth and attractive shareholder returns.”

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Is the Fear of Fraud Leading to Loss of Sales? AI Can Help.

Retail TouchPoints

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.