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. That said, there have been a few bumps in the road.

Fulfillment 305

Fulfillment Jewelry Consumer Inventory Management 305

Inside Retail

MAY 19, 2021

Covid-19 has had a polarising effect on consumers’ finances. The shift towards regionalisation and “shop local” campaigns has presented challenges for retailers, such as the decline in consumer use of larger department stores. Ease of purchase remains a close second, driven by the rise in online shopping.

Consumer 246

Consumer Department Stores Finance Fulfillment 246

Retail TouchPoints

MARCH 1, 2024

She left a prestigious Wall Street position to start the company; similarly, Ken left a career in finance to join the company in 2007. A lot of brands out there have sold to bigger shops where the bottom line is king, but we’re more about our reputation and the product we put out.

Department Stores 274

Department Stores Wholesale Finance Apparel 274

Retail TouchPoints

NOVEMBER 21, 2024

Much of the forecasting for this year’s holiday shopping has focused on its shortness: the quirk of the 2024 calendar that has just 27 days between Thanksgiving and Christmas Day. But in truth, the holiday shopping season has actually been getting longer, not shorter, for several years now. Why are department stores declining?

Consumer 278

Consumer Payment Services Department Stores Finance 278

A1 Retail

JANUARY 10, 2023

Meanwhile, the percentage of Brits reporting concerns about rising food prices remains high at 91 percent, and almost two thirds (65 percent) say they have been looking for ways to reduce the cost of their weekly shop – a marginal reduction compared to November (69 percent). percent and 2.8 percent respectively compared to -3.0 percent and 6.3

Finance 98

Finance Outdoor Supermarket Department Stores 98

Retail Wire

MAY 18, 2021

has raised its annual sales and earnings forecast based on a number of factors: stores operating on pre-pandemic terms, pent up shopping demand, increased disposable income and optimism around personal finances and the direction of the U.S. The department store operator announced that same-store sales jumped 63.9

Returns 100

Returns Department Stores Finance Store Operations 100

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

Retail TouchPoints

SEPTEMBER 5, 2024

Driscoll noted that “soundly financed” acquirers can support sustainable growth both for new brands as well as older, under-funded brands, providing the infrastructure, best practices and guidance required to mature. In some cases, M&A can even be a source for product expansion, clearer brand differentiation and innovation.

Consumer 276

Consumer Marketing Fashion Planning 276

Retail Gazette

MAY 29, 2024

M&S has poached Rightmove finance boss Alison Dolan as its new chief financial officer. Dolan will takeover from the high street retailer’s interim finance boss Jeremy Townsend, who will remain in post until May next year. “I want to thank Jeremy for all his hard work and support.

Finance 59

Finance Planning Shopping ATS 59

Shopping Center

SEPTEMBER 16, 2021

have received $250 million in financing for The Dayton’s Project, a historic redevelopment of 700 Nicollet Mall in downtown Minneapolis. The 12-story property was previously occupied by Dayton’s department store, which rebranded… The post Joint Venture Receives $250 Million in Financing for 1.2-Million-Square-Foot

Finance 52

Finance Department Stores Shopping 52

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

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

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

Retail Gazette

MAY 9, 2024

The cuts coincided with the retailer saving roughly £26m in employment costs during the year, while its finances were also aided by its decision not to pay workers a cost of living bonus last year. The number of workers for the John Lewis Partnership fell to 70,500 at the end of January, from 74,300 the previous year, The Telegraph reported.

Supermarket 119

Supermarket Finance Management Shopping 119

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

APRIL 29, 2024

Using their My John Lewis card, members will have access to store-wide discounts and a range of prizes, including £500 of holiday spending from John Lewis Finance. CEO Nish Kankiwala said last month that the move would “build on the trust and lifetime value of our customers that shop our brands”.

Finance 115

Finance Fashion Shopping Department Stores 115

Retail Gazette

NOVEMBER 5, 2024

We’re excited to offer their customers a better way to pay, with our interest-free BNPL helping shoppers manage their finances and make smarter purchases. Klarna head of western and southern Europe Raji Behal added: “John Lewis, a beloved British institution, is renowned for its quality, wide selection, and exceptional service. “We’re

Payment Services 119

Payment Services Finance Fashion Management 119

Inside Retail

APRIL 26, 2021

Covid-19 has had a polarising effect on consumers’ finances. The shift towards regionalisation and “shop local” campaigns has presented challenges for retailers, such as the decline in consumer use of larger department stores. Ease of purchase remains a close second, driven by the rise in online shopping.

Consumer 130

Consumer Department Stores Finance Fulfillment 130

Retail Gazette

OCTOBER 25, 2024

Related Story Early Christmas shopping soars at Waitrose as delivery slots sell out 14/10/2024 x 12:12 PM Freemans chief customer officer Richard Cristofoli said: “Tis the season to start Christmas shopping. The two-month Christmas countdown is on and most consumers are starting early to spread the cost of the festive season. “By

Finance 98

Finance Fashion Shopping Management 98

Retail Gazette

OCTOBER 5, 2023

Potts joined the supermarket in 2015 after almost four decades at Tesco, where he started on the shop floor aged 16 and rose through the ranks to run its Asian operations. He also has vast non-executive experience since he departed Tesco. His deep grocery experience could be vital in getting Waitrose back on form.

Supermarket 111

Supermarket Department Stores Grocer Returns 111

Inside Retail

FEBRUARY 27, 2023

Australia Post’s 2022 e-commerce industry report told us that online retail sales represent around 20 per cent of total retail sales , with shopping habits being reformed during the pandemic. Secondly, having a strong e-commerce channel enables customers to find products online that they may have struggled to locate in-store.

Payment Services 130

Payment Services Social Commerce Promotions Department Stores 130

Inside Retail

MAY 24, 2023

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. He observed that consumers who fail credit checks would be unable to access BNPL.

Payment Services 147

Payment Services Consumer Accounting Department Stores 147

Inside Retail

FEBRUARY 21, 2024

million sqm] of leases, delivered 13 significant redevelopment projects, and completed several major financing transactions that reinforced our industry-leading balance sheet.” Note that these are non-anchor tenants and don’t include the 250 or so department stores that anchor many of the US malls. billion, executed over [1.7

Accounting 130

Accounting Department Stores Finance Shopping 130

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

DECEMBER 21, 2023

The news came a month after White said that her big five-year plan that she promised would deliver £400m a year in profits at the department store and grocery group would be delayed by two years. Boohoo’s former finance director Neil Catto joined McGeorge earlier this month, replacing CFO Elizabeth Lake.

Grocer 115

Grocer Department Stores Fashion Planning 115

365 Retail

JANUARY 9, 2024

Retail Spending Dips Clothing and department store spending returned to a decline after a November spike, potentially due to earlier promotional activities by retailers. However, December 22nd emerged as the busiest day of the year for Barclays in terms of transactions processed, driven by last-minute shopping and celebrations.

Consumer 104

Consumer Supermarket Department Stores Promotions 104

365 Retail

MAY 26, 2022

The Retail Trust’s survey of more than 1,500 retail staff, published within its new Health of Retail report , found that most of those intending to leave blame concerns around their finances, rising levels of abuse from customers, and deteriorating mental health coming out of the pandemic. Rising abuse.

Planning 104

Planning Employee Engagement Finance Supermarket 104

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

MARCH 14, 2024

Meanwhile, finance chief Bérangère Michel revealed that through improved cash generation, alongside the £260m it had raised through the sale and leaseback of 11 Waitrose stores and a new loan, its turnaround plan will be self funded. This will be spent on modernising technology, refreshing stores and simplifying how it works.

Visual Merchandising 122

Visual Merchandising Planning Finance Returns 122

Retail Gazette

JULY 19, 2024

Frasers finance boss Chris Wootton has said the Flannels owner is aiming to become the leading luxury retailer amid criticism it was looking to take its competitors out of the market. The Flannels owner snapped up online designer department store Coggles from THG in June, adding to its growing retail portfolio.

Department Stores 72

Department Stores Finance Marketing Shopping 72

A1 Retail

NOVEMBER 9, 2022

per cent rise in consumer price inflation – as the cost-of-living crunch continues to put pressure on Brits’ personal finances. Supermarket shopping grew 4.6 per cent), as did department stores (-1.0 Consumer card spending grew 3.5 per cent year-on-year in October – higher than in September (1.8 per cent – 1.8

Consumer 98

Consumer Planning Beauty and Health Finance 98

Cisco Retail

APRIL 13, 2021

A week later she goes shopping near the bank. For example in department stores, restaurants, cafés, at the train station and airport or in the football stadium. This then leads to various offers for the leasing or loan financing of vehicles. To do this, she enters the information she needs.

Finance 92

Finance Department Stores Point of Sale Accounting 92

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. The post Klarna partners with Liberty appeared first on 365 RETAIL | The Latest Retail News.

Department Stores 52

Department Stores Finance Management Consumer 52

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. Shopping at supermarkets and food and drink specialist stores grew 15.9 The proportion of Brits feeling concerned about the impact of higher household bills on their finances remained high at 90 per cent.

Consumer 75

Consumer Beauty and Health Finance Department Stores 75

A1 Retail

SEPTEMBER 6, 2022

Shopping at clothing and department stores declined, as one in four are cutting back on new clothes and accessories. Supermarket shopping saw its largest year-on-year uplift (4.7 per cent) since February 2021, while specialist food and drink stores returned to growth (0.6 Spending on utilities increased 45.2

Finance 52

Finance Beauty and Health Department Stores Accessories 52

A1 Retail

JULY 12, 2022

Shopping at supermarkets and specialist food and drink stores saw year-on-year decreases of -0.8 per cent respectively, with almost half of consumers (49 per cent) seeking more value from their weekly shop – an eight point rise on last month (41 per cent). per cent, largely driven by a surge in fuel spend (24.8 per cent and -1.1

Beauty and Health 75

Beauty and Health Outdoor Supermarket Department Stores 75

365 Retail

AUGUST 5, 2021

But in 1982 he decided to try his hand at retail, opening his first high street sport shop, Mike Ashley Sports, in Maidenhead, Berkshire, with the help of a £10,000 family loan. Mike Ashley left school at 16 before first entering the fitness industry as a squash coach. Leadership style.

Department Stores 80

Department Stores Finance Planning Management 80