Retail TouchPoints

NOVEMBER 4, 2020

Consumer preference for online shopping continues to rise, as more purchases are being made online than in stores with each passing year. According to McKinsey , ecommerce sales in apparel, department stores and beauty products have increased by nearly 10%, on average, since the onset of the pandemic.

Merchant Services 317

Merchant Services Payment Services Accounting Jewelry 317

Retail TouchPoints

NOVEMBER 19, 2021

When the first department store opened more than 100 years ago, the goal was to offer a multitude of specialty goods to a large number of people. Today, online stores serve that same purpose, but brick-and-mortar retail remains a powerful mechanism for both buyers and sellers.

Fulfillment 305

Fulfillment Jewelry Consumer Inventory Management 305

Retail TouchPoints

MARCH 1, 2024

He compared the level of interest of a consumer who had simply seen a Natori ad on social media to one who had “gone to the website, added something to their bag and abandoned the cart. That’s much more useful [data] than the first consumer. We aren’t blindly retargeting every user,” said Natori.

Department Stores 274

Department Stores Wholesale Finance Apparel 274

Retail TouchPoints

SEPTEMBER 5, 2024

Following a record year in 2023, the luxury market is navigating a confluence of disruptions, from global conflicts and economic volatility to changing consumer expectations. Consumers now “seek value and have been selective and choiceful in their spending across staples, discretionary and luxury products and services.

Consumer 276

Consumer Marketing Fashion Planning 276

Retail TouchPoints

MARCH 1, 2022

And this year saw a welcome focus on not just identifying these brands but also creating the tools and infrastructure that would allow them to scale: the nuts and bolts of sourcing, distribution, financing and placement on store shelves and ecommerce websites.

Beauty and Health 260

Beauty and Health Consumer Department Stores Finance 260

Inside Retail

AUGUST 27, 2024

A recent Myer trading update will have analysts and investors thinking long and carefully about the bold proposal by the department store for a merger with Premier Investments. Indeed, a strategic review prompted Myer to appoint KPMG Corporate Finance last February to pursue a sale of the three brands.

Department Stores 147

Department Stores Apparel Specialty Retailers Fashion 147

A1 Retail

JANUARY 10, 2023

The Barclays report combines hundreds of millions of customer transactions with consumer research to provide an in-depth view of UK spending. Consumer card spending grew 4.4 percent rise in consumer price inflation. percent year-on-year in December – slightly higher than November (3.9 percent) but well below the 9.3

Finance 98

Finance Outdoor Supermarket Department Stores 98

365 Retail

JANUARY 9, 2024

In December 2023, the UK witnessed a modest rise in consumer card spending, increasing by 2.3% However, the entertainment and travel sectors saw a surge as consumers eagerly booked experiences and getaways for 2024. Contrastingly, food and drink specialist stores like butchers and delicatessens enjoyed a 5.1% compared to 3.3%

Consumer 104

Consumer Supermarket Department Stores Promotions 104

Inside Retail

DECEMBER 10, 2023

Bergh, who has served as president and CEO of Levi Strauss & Co since 2011, is reflecting on his legacy as he prepares to hand over the reins of the $6 billion global business to his successor Michelle Gass, the former CEO of American department store chain Kohl’s, who joined Levi’s earlier this year.

Consumer 245

Consumer Marketing Department Stores Wholesale 245

A1 Retail

NOVEMBER 9, 2022

The Barclaycard report combines hundreds of millions of customer transactions with consumer research to provide an in-depth view of UK spending. Consumer card spending grew 3.5 per cent rise in consumer price inflation – as the cost-of-living crunch continues to put pressure on Brits’ personal finances.

Consumer 98

Consumer Planning Beauty and Health Finance 98

Inside Retail

APRIL 26, 2021

In KPMG’s Responding to consumer trends in the new reality report, our research details findings from 75,000 consumer survey responses taken over four months, from May to September 2020, across 12 countries. We will explore the four key themes emerging from our research and how retailers need to respond to the changed consumer.

Consumer 130

Consumer Department Stores Finance Fulfillment 130

Inside Retail

JUNE 7, 2023

It operates 163 units with an average size of just over 5,200 square metres, but 80 of them are much bigger than that: cavernous warehouses where retail buyers and end consumers load up oversized shopping carts with bulk items at wholesale prices. For Siam Makro as a whole (Makro + Lotus’s), finance costs increased by 26.8

Net Profit 130

Net Profit Finance Supermarket Wholesale 130

Inside Retail

MAY 24, 2023

It would also be scalable based on the risk of consumer harm , but the details on this are unknown. She told Inside Retail that BNPL had been boosted by Covid-19 restrictions and the shift to an omnichannel approach in recent years, with strong demand by customers when shopping online and in department stores.

Payment Services 147

Payment Services Consumer Accounting Department Stores 147

Inside Retail

MARCH 13, 2024

The finance sector is the fastest growing at 19 per cent year on year, as financial institutions recognise the value of their vast media ecosystems and customer bases. It can often be difficult for finance departments to pick where that value is because a lot of the deals are sometimes struck as ad subsidies.

Advertising 130

Advertising Department Stores Finance Marketing 130

A1 Retail

MAY 10, 2022

per cent year-on-year, with nine in 10 concerned about the impact of rising household bills on their finances. Takeaways, nights out and subscriptions all had smaller uplifts than in March as rising prices led to changes in consumer behaviour. Consumer card spending grew 18.1 per cent, department stores returned to growth (1.3

Consumer 75

Consumer Beauty and Health Finance Department Stores 75

Inside Retail

JUNE 14, 2022

Higher operating costs are evident in virtually every expense item, from increasing occupancy costs as Covid-19 concessions end, through to higher merchandise and financing costs, surging energy and transport expenses, and rising wages. Meanwhile, consumers are expected to be spending less. Spending less down the road?

Department Stores 130

Department Stores Finance Consumer Management 130

Inside Retail

NOVEMBER 1, 2022

Retailers are caught in a tightening vise between soaring cost of goods and heavy competitive pressures, which places their margins increasingly at risk as long as they cannot pass through the costs to consumers in their entirety. So it has focused instead on supporting consumer incomes. Japan holds out. Thailand keeps the lid on.

Wholesale 130

Wholesale Payment Services Finance Consumer 130

Retail Gazette

OCTOBER 5, 2023

Archie Norman Archie Norman has spent the last six years overseeing food and fashion group M&S’s turnaround plan as it looks to re-establish its brand, win back consumers and return to profit. She has built up considerable expertise across a number of consumer-facing companies as well as during her time in the UK banking industry.

Supermarket 111

Supermarket Department Stores Grocer Returns 111

Retail Gazette

MARCH 14, 2024

” The partnership’s finance director Bérangère Michel says the business is in “good financial health” in pursuing the rest of its turnaround strategy and has secured the funding it needs for the remainder of the plan, helped by a £260m injection of cash from the sale and leaseback of 11 Waitrose stores and a new term loan.

Planning 111

Planning Department Stores Beauty and Health Supermarket 111

Retail Gazette

OCTOBER 25, 2024

The two-month Christmas countdown is on and most consumers are starting early to spread the cost of the festive season. “By Everyone is extra busy at Christmas, so our new ad shows shopping early can take the pressure off – and you can get the perfect presents delivered straight to your door from Freemans.

Finance 98

Finance Fashion Shopping Management 98

Inside Retail

AUGUST 5, 2021

I joined the bank and had a fantastic five-year run working in retail banking, consumer banking strategy, and finance and HR, and travelled from Sydney to Perth to Adelaide to Melbourne. You know what Christmas in retail and particularly department store retailing is like, it’s a magical place.

Management 264

Management Department Stores Finance ATS 264

Retail Gazette

FEBRUARY 15, 2024

Prior to that she was the group CFO at Tesco’s customer data analytics company Dunnhumby after spending over 17 years at the grocery giant in it’s finance department. She is also a non-executive director and audit committee chair at drinks brand Fever-Tree.

Finance 95

Finance Accounting Consumer Department Stores 95

Inside Retail

SEPTEMBER 2, 2024

Government and industry have targets for reducing food waste and have funded initiatives to achieve these targets for decades, but we haven’t broadened the scope to include all the other things we produce and consume. We receive the goods at our re-distribution centre or directly from their stores or distribution centres.

ATS 147

ATS Finance Management Department Stores 147

A1 Retail

OCTOBER 13, 2021

However, worries about inflation persist, with 90 per cent concerned that the rising cost of everyday items will negatively impact their household finances. The Barclaycard report combines hundreds of millions of customer transactions with consumer research to provide an in-depth view of UK spending. Consumer card spending grew 13.3

Consumer 40

Consumer Finance Beauty and Health Supermarket 40

Retail Gazette

DECEMBER 19, 2023

The funding structure works by leveraging finance which, more often than not, results in firms borrowing money against the retailer’s balance sheet – in turn generating debt – to use for investment. This begs the question of whether the financing structure still lends itself well to the retail sector?

Grocer 126

Grocer Supermarket Finance Returns 126

Retail Gazette

DECEMBER 21, 2023

Rising prices put a squeeze on consumer spending throughout the year, and although inflation has finally started to ease, shoppers sill remain cautious with Accenture research revealing 64% of UK adults plan to reduce their spending over Christmas.

Grocer 115

Grocer Department Stores Fashion Planning 115

Inside Retail

FEBRUARY 27, 2023

Secondly, having a strong e-commerce channel enables customers to find products online that they may have struggled to locate in-store. We believe the retailers that will genuinely thrive tomorrow will understand that success requires agility across the entire organisation, not just in a specific channel.

Payment Services 130

Payment Services Social Commerce Promotions Department Stores 130

365 Retail

JULY 26, 2023

Klarna, the AI powered global payments network and shopping destination, has today announced its partnership with iconic British department store Liberty, with its flexible and interest-free payment options now available online.

Department Stores 52

Department Stores Finance Management Consumer 52

A1 Retail

JULY 12, 2022

The Barclaycard report combines hundreds of millions of customer transactions with consumer research to provide an in-depth view of UK spending. Consumer card spending grew 6.2 Consumer card spending grew 6.2 Shopping at supermarkets and specialist food and drink stores saw year-on-year decreases of -0.8 per cent and -1.1

Beauty and Health 75

Beauty and Health Outdoor Supermarket Department Stores 75

Retail Gazette

JANUARY 14, 2024

John Lewis Partnership made a big hire last week, hiring its former fashion boss Peter Ruis as executive director to lead the turnaround of its department store business. Crucially, he has also fronted a turnaround at John Lewis in his first stint at the department store when he was buying and brand director.

Department Stores 52

Department Stores Fashion Returns Finance 52

A1 Retail

SEPTEMBER 6, 2022

Shopping at clothing and department stores declined, as one in four are cutting back on new clothes and accessories. The Barclaycard report combines hundreds of millions of customer transactions with consumer research to provide an in-depth view of UK spending. Consumer card spending grew 4.7 per cent) and June (39.6

Finance 52

Finance Beauty and Health Department Stores Accessories 52

A1 Retail

MARCH 8, 2022

The travel sector, while still in decline, had its best month since before the pandemic, as a third of consumers report making holiday plans a priority. The Barclaycard report combines hundreds of millions of customer transactions with consumer research to provide an in-depth view of UK spending. Consumer card spending grew 13.7

Returns 40

Returns Consumer Beauty and Health Supermarket 40

Indigo 9 Digital

JANUARY 12, 2023

He foresaw that America’s growing railway infrastructure could be used as a way to send goods to consumers in rural communities that lived far away from stores. Consumers were finally given a way to access merchandise at much lower prices than what was available from nearby merchants. Retail stores. to make upgrades.

Merchant Services 111

Merchant Services Consumer Management Department Stores 111

Retail Gazette

FEBRUARY 13, 2025

The partnership-owned department store reported an uplift in spend on customers Partnership Credit Cards over the Black Friday period and found that o ver half of customers using credit over promotional weekend were purchasing tech products. .”

Payment Services 64

Payment Services Accounting Consumer Department Stores 64

VMS

JANUARY 25, 2022

Retailers expect more than $761 billion in merchandise sold last year to be returned by consumers, according to a report released today by the National Retail Federation and Appriss Retail. Now is the time to stop thinking of returns as a cost of doing business and begin to view them as a time to truly engage with your consumers.”.

Returns 52

Returns Loss Prevention Payment Services Visual Merchandising 52

Rangeme

SEPTEMBER 30, 2022

Consumers’ purchasing power is rapidly eroding, with more problems ahead as central banks raise interest rates to fight the price rises. Cash-strapped consumers spend less money – decreasing revenues for retailers and product providers. department store Selfridges, and the refurbishment company Restory provides a similar example.

Consumer 52

Consumer Advertising Department Stores Finance 52

Retail Gazette

JULY 26, 2023

The retailer ‘s Index found that one in three consumers (32%) now feel more in control of their families’ finances and are looking to make the most of the summer holidays – with 37% seeing the summer break as an opportunity to spend more quality time with loved ones.

ATS 52

ATS Finance Accounting Planning 52