Retail TouchPoints

DECEMBER 26, 2023

As in previous years, ecommerce grew at a faster pace than brick-and-mortar retail, but the latter still accounts for the majority of all sales. Spending at restaurants saw a significant jump, increasing 7.8% compared to 2022. Apparel sales grew 2.4% and grocery increased 2.1% , while jewelry and electronics sales declined by 2% and 0.4%

Jewelry 299

Jewelry Payment Services Apparel Promotions 299

Retail TouchPoints

JULY 3, 2024

Explainability empowers individuals to challenge or correct erroneous outcomes and promotes fairness and justice. This approach promotes trust, and trust is the bedrock upon which sustainable AI ecosystems are built. Accountability in Automation: Who takes responsibility?

Accounting 276

Accounting Promotions Management ATS 276

Inside Retail

OCTOBER 17, 2024

“A continuing credit contract can involve multiple advances of credit together with monthly account service fees and high interest rates, all of which add up for consumers.” The court found the advertisements’ statement of the payment method was presented as a complete statement when it was far from complete.

Finance 306

Finance Payment Services Advertising Accounting 306

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 359

Payment Services Promotions Consumer Inventory Management 359

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 306

Merchant Services Payment Services Accounting Checkout 306

Retail TouchPoints

JUNE 21, 2024

Members that link their accounts can earn double Starbucks Star points during their stays at participating Marriott hotels and can earn 100 Marriott Bonvoy points when they make three qualifying transactions during designated weeks throughout the year (the first Marriott Bonvoy week runs July 8-14).

Accounting 278

Accounting Promotions Marketing ATS 278

Inside Retail

FEBRUARY 5, 2024

Online sales account for 21.3 “Like many retailers, we have had to contend with inflationary pressures and greater promotional cadence, which has an impact on profits.” “Like many retailers, we have had to contend with inflationary pressures and greater promotional cadence, which has an impact on profits.”

Net Profit 303

Net Profit Department Stores Accounting Promotions 303

Retail TouchPoints

JULY 23, 2024

NBA players and brothers Jalen Williams (Oklahoma City Thunder) and Cody Williams (Utah Jazz) will star in a new campaign to promote the enhanced Access Pass program. Headwear brands Lids has introduced a refreshed rewards program that gives members more control over their membership experience.

Accounting 264

Accounting Promotions Management ATS 264

Inside Retail

SEPTEMBER 26, 2024

“These difficulties reportedly arise from some of the pricing practices of some supermarkets, such as frequent specials, short-term lowered prices, bulk-buy promotions, member-only prices and bundled prices.” Aldi accounts for 9 per cent and Metcash-supplied independent supermarkets account for 7 per cent.

Supermarket 276

Supermarket Bundled Pricing Accounting Consumer 276

Retail TouchPoints

DECEMBER 6, 2023

Through a special promotion, a limited number of Prime Student members will be able to get $25 flights to and from home during the holiday season. A total of 3,000 $25 flight tickets will be available during this promotion, with 1,000 tickets dropping at 12 a.m. PST on Dec. 6 and 7, 2023.

Promotions 264

Promotions Accounting Marketing ATS 264

Retail TouchPoints

NOVEMBER 7, 2023

The general Deals page features promotions and markdowns in a range of top holiday categories — including apparel, electronics, toys and beauty — from a wide variety of merchants, ranging from big-box stores and multi-brand retailers to DTC brands and local stores.

Markdowns 259

Markdowns Promotions Apparel Shopping 259

Retail TouchPoints

DECEMBER 16, 2022

The company is committed to sustainable fashion, promoting the digital garment market as a way for consumers to showcase their style digitally. DressX has developed a carbon calculation methodology for digital fashion and proposed a patent validated by The Carbon Accounting Company.

Fashion 289

Fashion Accounting Consumer Promotions 289

Retail TouchPoints

JUNE 15, 2022

Google does have a direct-purchase feature, Buy on Google, which is similar to what Bing has rolled out, but it accounts for only a fraction of the more than 1 billion shopping sessions Google sees every day, according to Madrigal. Bing accounts for approximately 25% of total monthly search volume in the U.S.,

Merchant Services 306

Merchant Services Shopping Payment Services Advertising 306

Retail TouchPoints

OCTOBER 7, 2022

24, David Baxter will be promoted to President of the Americas, succeeding Stephanie Pugliese, who is stepping down and leaving the company; and Mehri Shadman has been appointed Chief Legal Officer and Corporate Secretary as current Chief Legal Officer John Stanton retires after 16 years with the company.

Wholesale 277

Wholesale Promotions Apparel Accounting 277

Retail TouchPoints

AUGUST 9, 2022

This is just the beginning; we are on a journey driven by passion, transparency and accountability at every turn, to leave the world a better place than we found it.”. These goals represent our commitment to helping our people and the planet thrive while growing our business.

Accounting 321

Accounting Promotions Customer Experience Planning 321

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. billion of the season’s total online spend, up 7% YoY and accounting for 16.9% Cyber Week is expected to drive $40.6 1 to Sept.

Sporting Goods 280

Sporting Goods Consumer Promotions Accounting 280

Retail TouchPoints

DECEMBER 20, 2022

In 2019, GhostData found that 56,000 Instagram accounts were associated with the counterfeit of luxury brands, representing a 171% increase since 2016. These accounts generated 64 million posts to promote imitation products, up more than 300% from 2016.

Accounting 58

Accounting Promotions Management Location 58

Retail TouchPoints

APRIL 12, 2022

Once the automated direct-to-consumer fulfillment center is fully operational, the retailer said it will employ approximately 2,800 workers and account for 30% of Macy’s digital supply chain for customers nationwide. Macy’s latest element of its growth strategy will be a new $584 million , 1.4 scheduled for completion in 2024.

Fulfillment 288

Fulfillment Accounting Promotions Location 288

Inside Retail

MARCH 26, 2024

Lush expects MPs to receive over 23,000 signed letters from its customers as part of the company’s promotion of Animal-Free Science Advocacy’s ‘I am not a labtool’ campaign. The promotion will run until April 10. The post Lush urges government to create animal-free testing appeared first on Inside Retail Australia.

Promotions 227

Promotions Accounting Marketing 227

Retail TouchPoints

DECEMBER 27, 2023

More effective promotions. Ongoing economic uncertainty has caused consumers to pull back spending for both discretionary and essential purchases, making new product promotions a critical component of any CPG marketing strategy. Enhanced demand planning. Consider two beverage companies.

Operating Expenses 264

Operating Expenses Promotions Consumer Marketing 264

Retail TouchPoints

OCTOBER 3, 2024

When opening an account on the Baby Registry, consumers can confirm where gifts should be shipped, track the baby’s expected arrival date, customize a welcome message for loved ones and start selecting products to add to their lists. The registry’s return is Kohl’s latest move spotlighting how it is serving families at key life stages.

ATS 278

ATS Shipping Checkout Accounting 278

Retail TouchPoints

JUNE 11, 2024

Applicants will need to share their basic information, social account details, CV and answer highly specific prompts such as: “If you were a pixelated piece of Ikea furniture, which one would you be and why?” But Ikea also is hiring 10 employees for paid positions through June 16. Candidates need to be over 18 and live in the UK or Ireland.

Accounting 278

Accounting Promotions Planning Management 278

Retail TouchPoints

FEBRUARY 18, 2022

Albertsons delivery is available directly through the DoorDash app, and Albertsons loyalty pricing and promotions will be honored on orders made through DoorDash. Shoppers can choose to link their Albertsons loyalty accounts to earn points on their purchases. “By By partnering with DoorDash, Albertsons Cos.

Accounting 317

Accounting Promotions Location Marketing 317

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

Inside Retail

NOVEMBER 18, 2024

But with this unspoken pact breached, consumers and the ACCC are now looking for accountability and compensation. Coles and Woolworths intend to defend themselves against the accusations of misleading promotions and illusory sales. Together, these cases highlight the scale and significance of the allegations.

Supermarket 246

Supermarket Promotions Consumer Accounting 246

Retail TouchPoints

JUNE 17, 2024

Today, marketing programs are more comprehensive and measurable than ever, inclusive of apps, social media accounts, finely tuned promotions, influencer collabs, gift cards and more. In general terms, it is a digital promotion that is activated by using a specific payment card, website or app to make the purchase.

Merchant Services 264

Merchant Services Promotions Consumer Marketing 264

Retail TouchPoints

MAY 3, 2021

Additionally, VP of Investor Relations Christina Colone has been promoted to Global Head of Investor Relations. 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. Roe is currently CFO of VF Corp. ,

Finance 264

Finance Apparel Accounting Promotions 264

Retail TouchPoints

OCTOBER 11, 2022

from 2021 and accounting for 16.3% Promotions are expected to hit record highs as retailers seek to manage inventory levels and draw in price-conscious shoppers. Heavy promotions are expected to impact margins but attract enough customers to maintain growth. billion in sales, up 2.8% of total holiday season spend.

Apparel 304

Apparel Returns Promotions Accounting 304

Retail TouchPoints

DECEMBER 15, 2022

The new branding was created to signify the combination of Clarus Commerce’s loyalty offerings and PrizeLogic’s loyalty, promotion and rebate programs. Loyalty solution provider Clarus Commerce has officially rebranded as ebbo in the wake of its acquisition of PrizeLogic in late 2021.

Customer Retention 263

Customer Retention Accounting Promotions Management 263

Retail TouchPoints

JANUARY 18, 2022

The RELEX solution is designed to improve inventory optimization at the store level as well as further upstream, according to Susan Boyme, VP, Strategic Accounts at Sheetz. “It Additionally, by automating formerly manual processes such as ordering, the technology can help retailers deal with the current high cost of labor.”.

Planning 256

Planning Inventory Management Accounting Promotions 256

Retail TouchPoints

OCTOBER 14, 2021

To say everyone is worn out is probably an understatement, and by all accounts marketers in particular are feeling the pressure — a staggering 70% of marketing executives said the pandemic has left them “completely exhausted,” according to a new report from Accenture Interactive. Early Birds Get the Products.

Marketing 299

Marketing Promotions Consumer Customer Experience 299

Retail TouchPoints

AUGUST 5, 2024

That’s three different passwords and user accounts in each store across the fleet. The retailer also has tapped Jumpmind’s Promote application for managing deals and promotions. That limited us in some of the promotional combinations [we wanted to do],” said Hewitt.

Inventory Management 264

Inventory Management Point of Sale Promotions Jewelry 264

Retail TouchPoints

AUGUST 4, 2023

wholesale accounts, along with 10 independent specialty retailers in the southeastern U.S. The retailer also recently opened its new headquarters in Freeport, Maine, a 390,000-square-foot campus designed to “inspire employee collaboration and promote wellbeing through a connection to nature,” according to a company press release.

Specialty Retailers 246

Specialty Retailers Wholesale Planning Outdoor 246

Retail TouchPoints

OCTOBER 6, 2023

Brands can delve into historical sales data, market trends and consumer insights to predict their seasonal demand patterns while factoring in changes based on promotions and actual sales. Retail supply chains account for an estimated 25% of global emissions , mainly through scope 3. 2: Order cycle time. 5: Sustainability metrics.

Fulfillment 310

Fulfillment Returns Shipping Promotions 310

Inside Retail

DECEMBER 21, 2021

Heartbroken by the disappearance of her cat, Filipino IT specialist and blogger Sophie* decided to use her Facebook Ads account to appeal to anyone in her local area who might have seen it. First, the bank account linked to her card was emptied of around $600. But it wasn’t Sophie’s campaign. How the hackers work.

Accounting 246

Accounting Payment Services Advertising Management 246

Retail TouchPoints

FEBRUARY 2, 2024

As an example, Gillespie shared a story of a banking client that realized that customers in the Bill Pay section of its website would often open a separate screen to check their account balance before completing a payment, so the bank put an account balance window on the Bill Pay page. “ Uber is another example.

Payment Services 317

Payment Services Consumer Accounting Promotions 317

Retail TouchPoints

AUGUST 15, 2022

From signup to login to account changes and reviews, retailers face waves of opportunities to create a digital relationship with a customer. So how do we keep from alienating good customers while still filtering out bad actors taking aim from every angle — including false reviews, fake accounts and more?

Merchant Services 264

Merchant Services Payment Services Accounting Customer Experience 264