Retail TouchPoints

AUGUST 25, 2022

Product attributes platform Lily AI has closed a $25 million Series B financing round with participation from Canaan Partners, Conductive Ventures, Sorenson Ventures and NEA, among others. Lily AI also plans to extend its solution to further applications within the retail stack.

Finance 273

Finance Returns Fashion Planning 273

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.

Planning 176

Planning Checkout Finance Returns 176

Retail TouchPoints

MAY 2, 2023

The retailer started closing 250 locations earlier this year, pursuant to its plan to exit Chapter 11 with a much smaller footprint, and began the process of shuttering the remaining locations on May 1. Tuesday Morning operated fewer than 500 stores when it made its latest bankruptcy filing in February, which was the second since 2020.

Merchant Services 265

Merchant Services Finance Location Planning 265

Inside Retail

OCTOBER 7, 2024

In return, MyTheresa will issue shares to Richemont, representing 33 per cent of its fully diluted share capital. Richemont also agreed to provide a six-year revolving credit facility of €100 million to finance YNAP’s general corporate needs.

Finance 264

Finance Returns Planning 264

Retail TouchPoints

NOVEMBER 16, 2022

It will integrate directly with Square’s solution ecosystem, empowering sellers to organize their finances and manage cash flow from the same platform they use to run their business. Square plans to announce additional details about the card in 2023. The new Square-specific Amex credit card, which will be powered by i2c Inc.

Merchant Services 273

Merchant Services Finance Advertising Marketing 273

Retail TouchPoints

AUGUST 14, 2020

the former New York City flagship will become a drop-off site for returning items. On March 27, Rent the Runway laid off its entire retail staff during a Zoom call, offering no assurance that the jobs would return, according to a report in The Verge. “We We have no visibility into when or if we will be able to reopen our stores.

Apparel 242

Apparel Returns Finance Accessories 242

Retail Minded

MARCH 29, 2024

For retailers looking to expand their operations, securing financing is a crucial step to fuel growth. Financing this growth remains a significant challenge for many retailers, from small boutiques to large chains. Financing this growth remains a significant challenge for many retailers, from small boutiques to large chains.

Finance 95

Finance Merchant Services Payment Services Boutique 95

A1 Retail

MARCH 13, 2025

As part of this expansion, the business is expected to create up to 100 jobs across sales, marketing, online, finance, procurement, operations, warehousing, administration and management, including several apprenticeship opportunities.

Finance 93

Finance Planning Shopping Location 93

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.

Customer Retention 284

Customer Retention Finance Fulfillment Planning 284

Retail TouchPoints

DECEMBER 1, 2021

The pandemic has brought about long-term changes for both business operations and consumer expectations, and 2021 taught us how far removed we are from ever returning to the old “normal.” Businesses continued to be put to the test over the last year, especially small business owners in retail and ecommerce.

Shipping 300

Shipping Finance Customer Experience Consumer 300

Retail Gazette

JANUARY 19, 2025

The challenges come amid a difficult time for the retailer, which recently announced plans to delist from the London Stock Exchanges AIM market and return to private ownership. However, with HSBC reportedly reluctant to continue funding the business , Quiz is now urgently seeking alternative financing, likely on tougher terms.

Finance 102

Finance Fashion Returns Location 102

Retail TouchPoints

SEPTEMBER 9, 2024

Big Lots plans to maintain all store and online operations throughout the process and has secured commitments for $707.5 million in financing, including $35 million in new financing from its current lenders, toward that purpose. If Nexus is deemed the winning bidder, the companies expect to close the transaction in Q4.

Finance 256

Finance Operating Expenses Management Returns 256

Retail TouchPoints

DECEMBER 13, 2021

Innovative organizations that adapt their sales and returns infrastructure accordingly will reap the rewards of bigger basket sizes and repeat customers. BNPL is a financing option that makes sense from a consumer perspective. Flexibility on payments and returns is a key portion of retailer’s holiday success.

Payment Services 261

Payment Services Consumer Returns Management 261

Retail Gazette

JANUARY 29, 2025

Mulberrys chief executive Andrea Baldo has unveiled his strategic plan to restore the luxury label to profitability through simplification, brand realignment and enhanced customer connection. It also plans to reduce promotional dependency and maintain the unique price range setting Mulberry apart from the market.

Planning 97

Planning Finance Wholesale Returns 97

Retail TouchPoints

APRIL 28, 2023

Digitization has overhauled much of the business world, and in departments like finance or marketing you’d find most employees are hooked on apps that serve up-to-date information on the status of their programs and connect them with others on their team for real-time collaboration. Some retailers are leading the way in this effort.

Finance 272

Finance Employee Engagement Supermarket Management 272

Cisco Retail

NOVEMBER 17, 2021

Aligning costs to usage can help partners and their customers structure payment plans that work best for their business. We recognize businesses no longer want a static technology investment plan since they are consuming technology differently and want to pay for it differently, too. of returned equipment to be reused of recycled.

Finance 98

Finance Payment Services Returns Planning 98

Retail TouchPoints

SEPTEMBER 2, 2022

Inflation has tightened margins and supply chain issues have caused havoc with inventory planning. Preventing, Reducing and Managing Returns. Ecommerce returns rates are on the rise, growing by 95% between 2014 and 2019. New advancements in technology can also reduce returns at source. Remote Working.

Shipping 260

Shipping Fulfillment Returns Management 260

Retail TouchPoints

AUGUST 9, 2024

Hochul’s five-point policy plan aimed at creating more secure environments for both businesses and consumers. Must file a tax return pursuant to articles 9, 9-A or 33 of the tax law. Hochul’s five-point policy plan, represents a proactive and comprehensive approach to combating retail theft in New York State. 31 of each year.

Payment Services 274

Payment Services Finance Location Planning 274

Retail TouchPoints

DECEMBER 28, 2021

The good news is that slightly more than 60% have returned to or exceeded pre-pandemic financial levels. Separately, the 2020 Small Business Credit survey, fielded in Q3 and Q4 of 2020, showed bank financing varies significantly based on owner race and ethnicity. In 2020, there were approximately 31.7 This includes approximately 5.2

Payment Services 274

Payment Services Finance Marketing Promotions 274

Retail Focus

JANUARY 30, 2023

With the right strategies, you can use home equity to finance a portion of commercial real estate investment costs that could provide long-term returns on your original investment, while avoiding common investing mistakes. The next step is setting up an investment plan. So in the right circumstances, it’s a no-brainer.

Finance 130

Finance Returns Planning Accounting 130

A1 Retail

JANUARY 10, 2023

Similarly, the rush to buy gifts and Christmas party outfits benefitted clothing and department stores, which returned to growth in December, rising 1.5 percent) since March 2022 – a possible sign that Brits were purchasing gym wear and equipment in the winter sales for plans to kickstart a health and fitness regime in the new year.

Finance 98

Finance Outdoor Supermarket Department Stores 98

Inside Retail

MAY 31, 2022

What BNPL plan will work best for your product price points, and will you need any additional accreditation? If you sell expensive items and need to offer financing over a longer-term, then you may need a pay-by-finance BNPL plan which involves applying for a credit license. There are several different types of BNPL.

Payment Services 130

Payment Services Checkout Finance Returns 130

Retail TouchPoints

JULY 2, 2020

To do this, brands will have to arbitrate and choose to allocate their resources where they will have a rapid and sustainable return on investment. In other words, setting up an omnichannel plan (email, SMS, Facebook, Google, Display…) is a key element of success. and a priority focus on commercial efficiency.

Marketing 246

Marketing Finance Planning Promotions 246

Retail TouchPoints

DECEMBER 5, 2023

Retailers naturally plan a lot of spend around this, with extra staff and extra marketing. But their return to our shores after the pandemic has been far slower than Americans’ — flight bookings are down around 50% of pre-pandemic levels. Christmas in the UK is already in full swing.

Marketing Spend 268

Marketing Spend Visual Merchandising Marketing Consumer 268

Inside Retail

OCTOBER 19, 2023

Former Woolworths executive Bill Wavish and gaming czar Bruce Mathieson have developed a “fix it” plan for Endeavour Group. The plan involves having Wavish join the board of the liquor and gaming powerhouse, which they argue has lost its way after being divested by Woolworths in 2019.

Boutique 246

Boutique Finance Planning Supermarket 246

Inside Retail

OCTOBER 19, 2023

With ambitious plans to expand its offerings and scale into new markets, Circular is not just making waves in the tech industry, it’s setting a precedent for what the future of sustainable technology consumption could look like. Future plans “We have big plans for growth in Australia, and we are looking to launch in New Zealand as well.

Consumer 261

Consumer Finance Planning Marketing 261

Retail TouchPoints

APRIL 1, 2021

BNPL solutions are a way for merchants to offer point-of-sale financing via a simple installment payment plan. In return, merchants pay a fee that varies from approximately 2% to 5% of the overall purchase price. Here’s an in-depth look at BNPL and the potential benefits to your online and in-store business. Buy Now Pay…What?

Merchant Services 274

Merchant Services Payment Services Telecommunications Checkout 274

Retail TouchPoints

FEBRUARY 27, 2024

A network outage can mean lost sales in the short term, as shoppers simply move to another brand for that purchase, or losses in the long term if that customer does not return. Ensuring business continuity plans include appropriate responses to network outages, breaches and ransomware attacks.

Payment Services 273

Payment Services Wholesale Store Layout Inventory Management 273

Retail TouchPoints

SEPTEMBER 20, 2021

s trails since lockdowns began in 2020 alone, according to the Returning to the Great Outdoors report by William Blair. Whether they plan to spend a few hours on a trail or rough it for a camping weekend, consumers need insight and advice — and retailers can provide it to ultimately build trust and loyalty. “If

Outdoor 261

Outdoor Sporting Goods Advertising Consumer 261

Retail TouchPoints

JULY 27, 2023

It’s a business built on people having a long career, potentially moving into finance or buying or [multiple other functions]. with plans to increase from your current 19 stores to 60 by 2026. RTP: Does Primark have any plans to become more of an omnichannel retailer? RTP: Primark is on an expansion path in the U.S.,

Visual Merchandising 246

Visual Merchandising Finance Planning Management 246

Retail TouchPoints

DECEMBER 22, 2021

The proliferation of the number of small and mid-sized startups give early employees a leg up: they gain supply chain, finance, capital raise and merchandising knowledge in a compressed period of time. For instance, the USPS, UPS and FedEx have all said they plan to place a surcharge on packages shipped during the holiday season.

Customer Experience 300

Customer Experience Finance Shopping Shipping 300

Retail TouchPoints

SEPTEMBER 11, 2024

“Through affordable, quality goods that will soon be on retail shelves — both physical and online — we’re reinvigorating the brand and returning it to its core. has quickly reconfigured its plans and even undone some of its previous actions , namely the shuttering of Overstock. in a statement. “We

Marketing 144

Marketing Finance Accessories Planning 144

Retail Gazette

MARCH 14, 2024

John Lewis appeared to backtrack on Dame Sharon White’s original turnaround plan as CEO Nish Kankiwala vowed to focus “unashamedly” on retail after the partnership posted its first profit in four years. We’ve secured the funding we need for the four years of the plan. Where is it investing?

Planning 111

Planning Department Stores Beauty and Health Supermarket 111

Retail TouchPoints

AUGUST 7, 2020

All of this work has resulted in the development of core practices, like social distancing and occupancy monitoring, to aid retailers and shopping center operations managers as they reopen, rebuild consumer confidence and look to answer the question on everyone’s mind — “When will consumer confidence return to normalcy?”.

Consumer 261

Consumer Store Operations Finance Apparel 261

Retail Focus

DECEMBER 5, 2022

With 2022 as the first year of MAPIC’s fully-fledged return post-pandemic, the atmosphere has been optimistic and energetic, with people looking forward to the experience of in-person retail and interactions. The post MAPIC 2022 concludes with strong industry attendance appeared first on Retail Focus - Retail Design.

Finance 182

Finance Outdoor Consumer Accounting 182

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 Focus

MARCH 27, 2023

My advice – Once you have some locations in mind, visit them in the days of the week you are planning to activate to understand how these locations will work in reality. #3 3 Optimal duration. Or, more pertinently, when and for how long. ‘When?’–

Marketing 245

Marketing Location Consumer Finance 245