Retail TouchPoints

MAY 22, 2024

However, this expansion brings to light a critical issue for CFOs and finance teams: the intricate and often underestimated task of recognizing and booking revenue in the ecommerce domain. For instance, consider a furniture store with a long fulfillment cycle that may not ship purchased items for months.

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Accounting Payment Services Finance Shipping 324

Retail TouchPoints

JUNE 11, 2024

Alibaba Guaranteed will offer products at fixed prices, with shipping fees included, as well as promised dispatch of goods within 72 hours and guaranteed delivery by expected dates. In addition to fulfillment by Alibaba.com, the platform handles finance tasks such as escrow and payment terms.

Payment Services 263

Payment Services Fulfillment Finance Shipping 263

Retail TouchPoints

FEBRUARY 6, 2025

Distance and concerns like shipping complexity become an afterthought, and platforms are increasingly setting a high bar for reputable merchants that can fulfill products in a timely manner. She also held business and finance-focused roles at Netflix and LinkedIn, and has additional experience in technology investment banking.

Merchant Services 179

Merchant Services Payment Services Social Commerce Shopping 179

Inside Retail

APRIL 1, 2025

Yet we still saw an appetite amongst retailers for investing in technology such as artificial intelligence (AI) to drive efficiencies across operations, finance and compliance obligations. We sat down with leading retail finance experts from The Reject Shop, Forever New, Taking Shape and Vinomofo to find out.

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Promotions Finance Markdowns Drop-Shipping 130

Retail TouchPoints

SEPTEMBER 19, 2023

This created a ripple effect for retailers that were experiencing a higher volume of ecommerce orders and had to leverage stores as fulfillment centers to process and ship online orders. As stores were closer to consumers in the “last mile,” orders shipped from stores were able to arrive much more quickly and cost effectively.

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Store Operations Shipping Fulfillment Store Layout 278

Retail TouchPoints

MAY 2, 2023

Now, every step of buying or selling a car at CarMax can be done online or in-person — including many processes that most other retailers never had to worry about digitizing such as buying back products and financing purchases. The second major challenge is that every consumer is a snowflake too when it comes to auto financing.

Payment Services 278

Payment Services Finance Consumer Shopping 278

Retail TouchPoints

SEPTEMBER 2, 2022

Newly developed freight booking tools have made it easier and more efficient to book containers on large cargo ships, thereby reducing the need for air freight, which is generally seen as producing a larger carbon footprint. Shipping companies can obtain information through GPS tags to help locate containers and ships in real time.

Shipping 264

Shipping Fulfillment Returns Management 264

Retail TouchPoints

OCTOBER 4, 2021

Finance indicated that just over half ( 51% ) of consumers planned to begin their holiday shopping before Halloween, with 27% saying they would start in late September. Based on a recent survey of 1,000 U.S. A consumer survey conducted in August by YouGov and reported by Yahoo!

Shopping 325

Shopping Finance Promotions Consumer 325

Retail TouchPoints

DECEMBER 11, 2020

But why would Amazon be better than IKEA at shipping furniture around? If you order four AA batteries Amazon charges you $2.16 , but it costs them at least $4 to ship it to you. Amazon also charges for fulfillment, and those fees more or less balance their fulfillment costs.

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Fulfillment Shipping Advertising Finance 283

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 310

Retail TouchPoints

MAY 28, 2020

The tool offers users data-driven insights based on their relationship with suppliers by providing real-time visibility into transactions and the ability to finance payables on the go. The platform can help companies engage and collaborate with multiple buyers through a single interface.

Finance 165

Finance Fulfillment Shipping 165

Inside Retail

JANUARY 31, 2023

Even for fast-growing retailers – in a world with finance options – it’s difficult to commit to a deal. Where the pandemic quickly made clear the need for wholesale to switch online – cue the rise of the B2B marketplace – the smarter B2B2C marketplace creates more efficiencies for suppliers and retailers, from ship to shore.

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Wholesale Shipping Finance Fulfillment 246

Retail TouchPoints

OCTOBER 18, 2023

By examining shared IP addresses, shipping addresses and payment methods, retailers can uncover hidden associations that might indicate organized fraud rings. Scurfield’s expertise aids retail giants like Urban Outfitters and Boohoo.com through cutting-edge parcel shipping and ecommerce fulfillment.

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Returns Payment Services Shipping Accounting 277

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. 22 and 23, which would be a new record.

Consumer 264

Consumer Merchant Services Payment Services Drop-Shipping 264

Retail TouchPoints

MARCH 3, 2021

In contrast, traditional manufacturing requires large quantities of products to be made and then stored in facilities until they are ready for shipping. 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 232

Finance Apparel Accounting Consumer 232

Retail TouchPoints

JUNE 7, 2021

These brands can consistently fulfill orders on schedule and supply customers with supporting documents. They can then collect, organize and distribute these documents while reducing the risk that a customer order goes missing or is shipped without supporting documentation. Transaction tracking. Compliance.

Fashion 271

Fashion Promotions Finance Management 271

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

The new fulfilment centre will create 2,000 new jobs and will be fully operational in 2026. The new warehouse will create 1,400 new jobs at its launch, with roles including engineers, HR and IT, finance specialists, as well as workers to pick, pack and ship customer orders.

Fulfillment 115

Fulfillment Finance Shipping Planning 115

Retail Gazette

AUGUST 14, 2024

Amazon has opened a £500m state-of-the-art fulfilment centre in Leeds, part of the online giant’s more than £1.5bn investment in West Yorkshire since 2010. The robotic facility at the city’s Gateway 45 logistics park uses advanced technology across three floors of Amazon Robotics to stow, pick and ship customer orders.

Fulfillment 59

Fulfillment Shipping Finance ATS 59

Retail TouchPoints

JUNE 7, 2023

As the oldest members of Gen Z move into their mid-20s and the youngest enter their teen years, personal finance concerns are high on their list of worries. Free returns, at 31% , and quick/helpful customer service, at 27% , also are vital elements.

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Discount Store Shopping ATS Payment Services 289

Inside Retail

JULY 12, 2024

Units shipped were also down 21 per cent to 3.1 The Group attributed this to issues related to the transition to its new fulfilment centre and increased competition. A more solid financial foundation can be achieved by exploring multiple options including venture capital, loan financing, and equity financing.

Clienteling 147

Clienteling Finance Fulfillment Shipping 147

Cisco Retail

FEBRUARY 18, 2022

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. Purchasing and Fulfillment. Fulfillment has also changed dramatically in recent years. Service and Support. Conclusion.

Payment Services 143

Payment Services Fulfillment Returns Customer Retention 143

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 290

Retail TouchPoints

AUGUST 10, 2020

Up until recently, it was rare for someone with a supply chain background to be elevated into the C-suite; the “CSCO” role (before it was invented) often fell under Finance, Procurement, Operations or other business functions. Enter the Chief Supply Chain Officer (CSCO).

Merchant Services 191

Merchant Services Customer Experience Returns Fulfillment 191

Retail Bound

NOVEMBER 22, 2021

The global shipping industry has operated in a harmonious dance of infinite moving parts for decades, but all it took was one virus-sized domino to fall over and throw the global trade infrastructure into chaos. One of the most disastrous effects of this global shipping crisis is the staggering increase in cost to ship.

Shipping 52

Shipping Fulfillment Customer Experience Finance 52

Retail TouchPoints

APRIL 15, 2024

With NetSuite, we have been able to improve productivity and create a centralized view of our finances, inventory and operations across both our ecommerce and retail channels.” For example, NetSuite Advanced Inventory helped Untuckit optimize its buy online, ship from store system.

Wholesale 130

Wholesale Shipping Boutique Finance 130

Retail TouchPoints

JANUARY 15, 2021

A low conversion rate means you probably need to go back to your product and cart pages and adjust the copy, user experience, pricing or finance options so people feel more compelled to click “buy.”. Total costs (marketing, packaging, shipping, fulfillment, storage, etc.) / # of orders = cost per order. are factored in.

Payment Services 165

Payment Services Promotions Shipping Planning 165

Retail TouchPoints

JANUARY 11, 2022

In March 2021, the EU’s Sustainable Finance Disclosure Regulation (SFDR) also went into effect to encourage EU asset managers to disclose how they’re considering sustainability in their investment decisions. They’re putting pressure on each other to take responsibility for how products are sourced, produced and shipped,” he explained.

Consumer 317

Consumer Merchant Services Fashion Accounting 317

Retail TouchPoints

MARCH 29, 2022

Sessions illustrate the increasingly complex nature of the customer experience, and how the lines between commerce, marketing, service, and even supply chain and fulfillment, continue to blur. You need to get buy-in from across the organization — from the finance team, from the customer service team, from the IT team, from the marketing team.

Payment Services 245

Payment Services Merchant Services Consumer Customer Experience 245

A1 Retail

JULY 26, 2021

eBay fulfilment by Orange Connex to enable faster delivery options and reduced logistics costs for sellers. For the first time, eBay business sellers will have access to dedicated Fulfilment Centres in Leicester and Birmingham, where goods can be stored, packed and delivered. Dedicated centres established in Leicester and Birmingham.

Fulfillment 40

Fulfillment Management Finance Shipping 40

RETAIL MANAGEMENT SOFTWARE

JANUARY 23, 2023

Over the past year, supply chain challenges, inflationary pricing, economic uncertainty, and geopolitical factors have taxed retailers and squeezed finances. In 2023, retailers will invest in back and front offices related to the supply chain, inventory management, distribution, tracking/tracing, and delivery/shipping.

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Retail Trends Social Commerce Shipping Consumer 111

Inside Retail

APRIL 28, 2021

Any consumer research pointing towards the importance of fulfilment in the online shopping experience should probably ignore the success of Shein and its completely underwhelming delivery service. It completed a series E financing round in 2020, which values the business at USD$15 billion. Will its relentless growth continue?

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Fast Fashion Fashion Target Market Consumer 162

Inside Retail

AUGUST 28, 2022

Missguided’s former warehouse operator, GXO, has not guaranteed the fulfilment of any orders amid negotiations either. Disruptions in the supply chain increased the cost of goods and shipping steeply. But how did this fast fashion giant collapse so quickly and what lies ahead for Missguided under new management? Self-inflicted wounds.

Fashion 130

Fashion Fast Fashion Returns Management 130

Retalon

JULY 30, 2019

Retail fulfillment is defined as the process of receiving, packaging, and delivering an order to the customer. A large portion of a retailer’s business activity—and their success—hinges on effective and efficient fulfillment strategies and processes. Retail Fulfillment Strategy Examples. 2. Third-party fulfillment (3PL).

Fulfillment 32

Fulfillment Drop-Shipping Shipping Supply Chain Management 32

Small Biz Trends

APRIL 15, 2021

This eCommerce platform helps cover everything from marketing and payments, to secure checkout and shipping for your store. By adding the WooCommerce plugin to any WordPress site, you can set up a new web store to sell online with secure payments, configurable shipping options, and more, all out of the box for free. BigCommerce.

Merchant Services 122

Merchant Services Payment Services Drop-Shipping Shipping 122

Mass Relators

OCTOBER 28, 2021

SEATTLE — Higher costs on everything from labor to shipping took a toll on Amazon’s profits in the third quarter, the company said on Thursday. Free cash flow less principal repayments of finance leases and financing obligations decreased to an outflow of $8.8 Net earnings plunged to $3.2

Finance 52

Finance Shipping Fulfillment Management 52

Storis

SEPTEMBER 20, 2024

Further, clear communication about how shipping or delivery fees are adjusted based on cart changes is key to ensuring trust. For those who do have accounts, enable features like saved Ship-To addresses and easy toggling between multiple addresses. Financing is also an important driver of eCommerce sales.

Payment Services 52

Payment Services Checkout Shopping Shipping 52