Retail TouchPoints

JANUARY 12, 2022

Home discount retailer Big Lots is returning to expansion mode after more than a decade of flat store growth, with plans to open as many as 500 new stores in the next six to seven years. The off-price chain plans to open approximately 50 net new stores this year, and ramp up the pace of expansion to about 80 stores per year thereafter.

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Planning Checkout Finance Returns 176

Retail TouchPoints

JANUARY 18, 2024

He will wear both hats until Target names a new finance chief. Current COO John Mulligan announced his retirement plans in October 2023. Target has tapped Michael Fiddelke, who has served as the retailer’s CFO since November 2019, to add the COO role to his responsibilities.

Fulfillment 214

Fulfillment Finance Accessories Apparel 214

Retail TouchPoints

OCTOBER 4, 2021

4, Amazon is offering what the retailer calls “Black Friday-worthy” deals, along with Epic Daily Deals and an Amazon Holiday Prep Shop hub to help consumers organize their holiday gift-giving and event planning. For its part, Walmart plans to hire 150,000 new U.S. Beginning Oct. 10, coinciding with the launch of Target Deal Days Oct.

Shopping 302

Shopping Finance Promotions Consumer 302

Retail TouchPoints

OCTOBER 31, 2024

“We’re excited to unveil Adored by David’s, offering stunning, affordable dresses to help her embrace sustainability without compromise,” said Kelly Cook, President for Brand, Technology and Finance at David’s Bridal in a statement. “By Additionally, the retailer plans to introduce storied and vintage items into its ecosystem.

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Finance Accessories Shipping Planning 240

Retail TouchPoints

OCTOBER 18, 2023

Two of Target ’s top executives — COO John Mulligan and Chief External Engagement Officer Laysha Ward — have announced plans to retire. Mulligan’s replacement has not yet been named, but Target said it will share succession plans prior to his official retirement in February 2025. Mulligan joined Target in 1996 as a financial analyst.

Planning 144

Planning Promotions Finance Fulfillment 144

Inside Retail

MAY 5, 2022

SEND has faced some unique financing challenges given the composition of its international investors.”. At the time, founder Rob Adams told SmartCompany the startup planned to open up to 30 grocery fulfillment centres by the end of the year. Send was founded in early 2021 and by August last year, had secured a $3.1

Finance 258

Finance Supermarket Fulfillment Location 258

Retail TouchPoints

AUGUST 15, 2024

Luxury bedding and home décor brand Boll & Branch has implemented the Oracle NetSuite enterprise resource planning (ERP) system to advance its brand mission of transforming the way home textiles are sourced, made and purchased.

Management 217

Management Target Market Finance Fulfillment 217

Retail TouchPoints

AUGUST 31, 2022

The retailer has begun shuttering 150 lower-producing Bed Bath & Beyond stores and plans to cut its workforce by approximately 20% across the corporate and supply chain divisions. The retailer also has cut capital expenditure plans down to approximately $250 million from its original $400 million budget for this period.

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Customer Retention Finance Fulfillment Planning 250

Retail TouchPoints

AUGUST 3, 2023

The service is launching first in Arizona, with the company planning to expand to other markets across the U.S. Carvana’s new same-day vehicle delivery option is just one example of how we’re constantly evolving to deliver an even better auto retail experience,” said Matt Dundas, Senior Director of Finance at Carvana in a statement.

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Finance Planning Marketing ATS 214

Retail TouchPoints

DECEMBER 12, 2023

In addition to this timing variation, over 60% of shoppers plan to do their browsing online, yet 85% expect to buy at least one product in a store. Keeping in mind as well the need to optimize their supply chain fulfillment to meet consumer delivery expectations while managing parcel carrier costs?

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Markdowns Retailing Pricing Promotions Fulfillment 246

Retail TouchPoints

JULY 1, 2022

The ultimate plan is to sell to the highest bidder. million bridge loan and a financing commitment of $55 million from tech services company A s urion. Enjoy will continue operating throughout the bankruptcy process but will wind down its operations in the UK, according to an SEC filing.

Telecommunications 291

Telecommunications Finance Store Operations Consumer 291

Retail Focus

OCTOBER 25, 2022

IKEA has announced its expansion plan for the North West, starting with three new Plan & Order Points and an expanded service offering. Now, the retailer takes the next step to strengthen its physical presence in the region with Plan & Order Points in Aintree, Preston, and Stockport. .

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Planning Finance Fulfillment Location 182

Inside Retail

NOVEMBER 6, 2023

Here, she discusses her philosophy for finding and managing good people, the global company’s sprawling plans for expansion, the importance of an exciting customer experience in toy stores, and more. IR : Can you discuss Toys ‘R’ Us’ store expansion plans across Australia, as well as international growth plans?

Planning 246

Planning Fulfillment Management Marketing 246

Retail TouchPoints

DECEMBER 1, 2021

Retailers in 2022 will need to take a proactive approach to limiting supply chain risk and reexamine their continuity plans to improve supply chain resiliency. Retail leaders who plan ahead and tap into emerging trends will have much better success meeting their business goals and significantly improving customer experience and loyalty.

Shipping 258

Shipping Finance Customer Experience Consumer 258

Retail TouchPoints

NOVEMBER 21, 2024

If your team hasn’t considered the following three challenges, though, now is the time – before they become profit pitfalls and everyone from FP&A (financial planning and analysis) to operations is caught flat-footed. with streaming also in the top five. Satisfying Patient Deal-Hunters and Desperate Panic Shoppers with Analytics The U.S.

Advertising 212

Advertising Finance Shipping Planning 212

Retail TouchPoints

SEPTEMBER 2, 2022

Inflation has tightened margins and supply chain issues have caused havoc with inventory planning. For example, a UK-based business with traction in Europe should consider warehousing stock in Germany, Poland or the Netherlands to shorten the fulfillment process. Third-Party Logistics Providers (3PL) and Fulfillment of Product.

Shipping 219

Shipping Fulfillment Returns Management 219

Inside Retail

APRIL 7, 2024

You’ve got this need that we can fulfil for you and the money they contribute is doing genuine good.” Harvey-Rodriguez says two principles were deployed as a framework during the eight-hour hack: Design thinking and an approach called ‘sprint planning’. We can meet them in the middle. Otherwise, ideas fall off a cliff.

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Finance Fulfillment Planning Customer Experience 264

Inside Retail

JULY 14, 2024

With the peak trading period only a few months away, now is truly the time for retailers to double down and invest their efforts into optimising their inventory and fulfillment operations. However, there are some factors that retailers have to keep in mind to ensure they aren’t placing energy or finances where it is not best applicable.

Shopping 130

Shopping Fulfillment Shipping Inventory Management 130

Retail Gazette

MAY 7, 2024

Amazon is planning to build a new £500m robot-powered “next-generation” warehouse in Northampton, East Midlands. The new fulfilment centre will create 2,000 new jobs and will be fully operational in 2026. The warehouse will feature three floors of robotics technology, where products will be stowed and customer orders picked.

Fulfillment 115

Fulfillment Finance Shipping Planning 115

Inside Retail

JULY 12, 2024

The Group attributed this to issues related to the transition to its new fulfilment centre and increased competition. Stability and financial health come first Comprehensive planning, which involves forecasting, budgeting, and frequent reviews, is necessary to establish and preserve dependable financial stability. million, down $12.8

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Clienteling Finance Fulfillment Shipping 147

Retail TouchPoints

NOVEMBER 4, 2021

The holidays always tend to put a strain on the piggy bank, but a study from personal finance company Credit Karma found that 43% of consumers are feeling more financially stressed this holiday season, and inflation is the leading cause. Shortages and Sticker Shock Heighten Holiday Stress.

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Consumer Merchant Services Payment Services Drop-Shipping 255

Retail TouchPoints

MARCH 3, 2021

This means companies will know exactly what their profit will be for each unit sold, and can better plan and manage their overall cash flow. Brian Rainey is the CEO of Gooten — a globally distributed production and logistics company transforming how online brands manufacture and fulfill merchandise to their customers.

Finance 174

Finance Apparel Accounting Consumer 174

Retail TouchPoints

JANUARY 10, 2024

According to the Corporate Finance Institute , “Inventory shrinkage occurs when the number of products in stock are fewer than those recorded on the inventory list. There’s been a lot of talk recently about retailers reporting lower-than-expected earnings due to inventory shrinkage. What does this mean exactly?

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Shrinkage Bar Codes Shipping Finance 259

Retail TouchPoints

OCTOBER 9, 2020

The retailer plans to keep these new features as part of the online experience: “They have proven to be significant revenue drivers, so those new strategies will continue to expand moving forward,” said Lopez. “The For example, this industry has very large order values, a longer customer journey and very different fulfillment methods.

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Home Furnishings Payment Services Promotions Accounting 224

Retail Minded

MARCH 19, 2024

Between crafting an investor-worthy business plan, providing robust financial projections, and competing against other inspiring ventures, securing backing may seem an insurmountable challenge. However, the financing process doesn’t have to obstruct your culinary vision.

Finance 52

Finance Payment Services Planning Fulfillment 52

Retail TouchPoints

JUNE 10, 2021

Recupero, a technology industry finance executive, spent more than 17 years at Amazon supporting growth across global geographies and product categories. GameStop plans to sell up to 5 million shares of its stock through an at-the-market offering in the future, using the proceeds to invest in its transformation, the company said.

Finance 146

Finance Fulfillment Marketing Consumer 146

Retail TouchPoints

AUGUST 18, 2022

Also known as pay-over-time or pay-in-4 installment plans, BNPL offers consumers the chance to split up the cost of major purchases directly at the point of sale. BNPL fulfills a need that previously wasn’t being met,” said Sharp. Most buy now, pay later offers are interest- and fee-free, unless customers miss a payment.

Merchant Services 245

Merchant Services Payment Services Consumer Point of Sale 245

Retail TouchPoints

AUGUST 14, 2020

Rent the Runway’s decision to permanently exit brick-and-mortar retailing continues its plan to drive down expenses. In addition to driving consumers online, the pandemic has prompted consumers to rethink their spending patterns, with 79% planning to reduce their apparel budget in the coming year.

Apparel 185

Apparel Returns Finance Accessories 185

Inside Retail

SEPTEMBER 26, 2024

Identify associated business opportunities A key business opportunity for reporting entities will likely be to prioritise engaging with suppliers that can provide the data needed to fulfil their reporting obligations. Over time it’s also possible that those with a better emissions performance could become more attractive business partners.

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Fulfillment Finance Accounting Planning 130

Retail TouchPoints

JUNE 27, 2022

So what’s the plan? It’s a subtle reframe, but investing in your team and positioning them as critical frontline influencers will help employees to feel so fulfilled, valued and adequately compensated that they will think twice before seeking opportunities elsewhere. Conclusion.

Advertising 245

Advertising Employee Engagement Consumer Marketing 245

Inside Retail

JUNE 11, 2024

The second one would be the pain point of fulfilment. We solved for fulfilment so that you get your goods on time without delay. But being a banker for 10 years, I was very clear that financing model did not work. IR : Looking forward, what are your plans? That was important to us. DE: It’s an interesting question.

Fulfillment 263

Fulfillment Management Marketing Consumer 263

Inside Retail

JULY 14, 2024

In the same month, Zomato announced its plans to invest an additional US$53 million in Blinkit, further solidifying its commitment to the quick-commerce segment. In its most recent private financing round, in early 2022, Swiggy was valued at $15.8 The company is expected to raise about $1.85 billion through its Initial Public Offering.

Finance 130

Finance Fulfillment Planning Marketing 130

Cisco Retail

FEBRUARY 18, 2022

While not everyone is always connected, retailers must plan their engagement strategies for everyone on the spectrum of connectivity. Whether consumers shop online or see something in-store and want to learn more about it later, giving them the information, product selection, and fulfillment options, they want when they shop is critical.

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Payment Services Fulfillment Returns Customer Retention 123

Retail TouchPoints

JANUARY 14, 2021

This year we’ve also enhanced our demand planning capabilities through Manhattan’s DFIO software. Advanced tools along with dedicated supply chain experts help forecast accurately with demand planning and prevent food waste in the first place. The system assists in spoils mitigation, reducing our waste.

Supply Chain Management 188

Supply Chain Management Finance Employee Engagement Management 188

Rangeme

OCTOBER 8, 2024

Then reality sets in, and you ask yourself: “How am I going to fulfill this order?” With CPG brands under immense pressure, cash flow is continuing to be a major blocker for scaling revenue growth, and sometimes it’s difficult to find how to fulfill these orders. What’s next?

Finance 52

Finance Payment Services Customer Retention Fulfillment 52

Retail TouchPoints

MAY 16, 2024

In these cases, retailers may need to infuse more empathetic messaging to those with higher balances and offer targeted and tailored payment plans or even patient financing. This process can be configured according to retailers’ needs so the gathered information precisely fulfills specific data requirements.

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Payment Services Promotions Consumer Finance 207

Retail TouchPoints

JUNE 18, 2024

According to Garf, 37% of consumers say they’re using credit cards more than they did last year, and consumers also are continuing to lean into alternative financing tools like buy now, pay later, not just for big-ticket purchases but also for smaller transactions.

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Consumer Shopping Shipping Marketing 256