Retail TouchPoints

SEPTEMBER 11, 2023

Rent the Runway has lowered its revenue expectations for 2023, now saying it plans to at least match 2022 revenues of $296.4 In fact, one reason for our reduction in revenue guidance for fiscal 2023 is our decision to prioritize more rapid progress on profitability by reducing promotions and therefore, subscriber acquisition.” “The

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Retail TouchPoints

SEPTEMBER 2, 2024

However you look at it, healthy people are at the center of any successful sustainability plan. Establishing a solid economic foundation for team members enables a stable organization that is capable of executing our work plans. Integrating corporate wellness into sustainability plans is just good business.

Planning 274

Planning Employee Engagement Promotions ATS 274

Retail TouchPoints

MARCH 21, 2024

That’s why retailers must find ways to optimize their cloud resource planning strategies ahead of a time of demand. Scalability Is Key One key aspect of effective cloud resource planning is being able to dynamically scale infrastructure. Here are three key components of a well-managed ecommerce cloud strategy. So Who’s Doing It Well?

Planning 253

Planning Customer Experience Management Promotions 253

Inside Retail

OCTOBER 13, 2024

However, at last week’s Delivering the Future event in Nashville, Tennessee, the retail giant announced major plans to combine choice and convenience for its customers. This is how Amazon plans to deliver choice and convenience to consumers without compromising on speed or value.

Planning 245

Planning Supermarket Fulfillment Shopping 245

Retail TouchPoints

JULY 12, 2024

The platform plans to soon announce a partnership to bring “the most successful crowdfunding projects to physical locations.” To promote its new expanded service, Indiegogo is also lowering its platform fees to 4% for crowdfunding campaigns through the rest of 2024.

Planning 252

Planning Promotions Location Marketing 252

Inside Retail

AUGUST 29, 2023

Incoming CEO Vlad Yakubson will start earlier than planned on October 9. Our key focus is on executing our strategic priorities, being disciplined on promotional activity and price point management to maximise gross margin dollars, controlling costs and delivering outstanding customer service to maximise sales conversion and basket size.”

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Planning Accounting Promotions Consumer 242

Retail TouchPoints

MARCH 15, 2023

Five Below has promoted CFO and Treasurer Kenneth Bull to the role of Chief Operating Officer, where he will focus on achieving the company’s Triple Double growth goals by optimizing its talent, systems and processes. Bull also will retain the CFO title while the retailer conducts a search for a replacement.

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Planning Finance Promotions Location 274

Inside Retail

DECEMBER 17, 2023

In addition, the company said it will use its Korean headquarters to promote tourism to Brisbane and Queensland. The post Brisbane Airport extends duty-free contract with Lotte, plans unique concept appeared first on Inside Retail Australia.

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Planning Promotions ATS 263

Retail TouchPoints

JANUARY 2, 2024

Nike has laid out a plan to cut up to $2 billion in costs over the next three years in a bid to “accelerate future growth while building a faster, more efficient” organization, executives shared during the company’s fiscal 2024 Q2 earnings call. dollar that has negatively impacted second-half reported revenue versus 90 days ago.”

Planning 284

Planning Wholesale Promotions Management 284

Retail TouchPoints

MARCH 31, 2023

And this is just the first of in a series of shopping events Wish has planned for 2023. Retail TouchPoints: What’s your plan to bring Wish back to the forefront, especially with so many new competitors in the space now? Joe Yan, CEO, Wish Central to Wish’s turnaround effort has also been a drawn-out reshuffling of its C-suite.

Planning 337

Planning Consumer Shipping Shopping 337

Retail TouchPoints

OCTOBER 3, 2024

Buy It Now winners will reveal how they plan to invest their prize money and will provide guidance to help other founders on their entrepreneurial journey. Hosted by Andrea Marquez and featuring Jamie Siminoff, creator of Ring, the podcast will give a behind-the-scenes look at what it takes to pitch, win and grow a thriving business.

Promotions 259

Promotions Planning Shopping ATS 259

Retail TouchPoints

MAY 16, 2024

Bespoke statement designs and calls to action also promote faster payments. 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.

Payment Services 258

Payment Services Promotions Consumer Finance 258

Retail TouchPoints

SEPTEMBER 18, 2023

She will succeed current President Jean-André Rougeot, who plans to retire in April 2024, at which time Patrick will become the CEO of Sephora North America — the beauty retailer’s first female CEO.

Promotions 261

Promotions Planning Management Store Operations 261

Retail TouchPoints

MAY 3, 2024

This support comes in the form of financial wellness planning and guidance resources, annual memberships to a meditation tool, and training on wellness, mindfulness and inclusion. The Ulta Beauty Charitable Foundation also has an Associate Relief Fund to ensure associates have access to financial support in times of need.

Beauty and Health 261

Beauty and Health Promotions Planning Customer Experience 261

Retail TouchPoints

JANUARY 15, 2024

Nvidia surveyed more than 400 retail professionals at all organizational levels and found that while AI adoption is still in its early stages, more than 60% of respondents are planning to boost their AI investments in the next 18 months. But many of these tasks may just represent the low-hanging AI fruit.

Loss Prevention 307

Loss Prevention Planning Customer Experience Inventory Management 307

Retail TouchPoints

OCTOBER 6, 2023

The companies worked together on this new design to create a physical manifestation of the brand: “The store is about promoting discovery and encouraging engagement, achieved through a sequence of touch points that connects, inspires and encourages interaction,” said Kuhn.

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Planning Promotions Location 261

Inside Retail

AUGUST 15, 2023

Temple & Webster also has plans to achieve $1 billion in annual sales within the next three to five years. The brand has also increased its promotional activity and marketing investment. It plans to increase its brand spend in the upcoming financial year. We’re not planning to do any mass cost reduction.

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Planning Drop-Shipping Net Profit Returns 246

Retail TouchPoints

JULY 3, 2024

While other retailers launch competing sales around Amazon ’s Prime Day in the hopes of riding the ecommerce giant’s coattails, for Bookshop.org , Amazon’s annual sale event highlights bigger existential concerns. The platform’s sole mission is to keep independent bookstores alive amid the threat of digital convenience instigated by Amazon itself.

Planning 261

Planning Shipping Consumer Shopping 261

Retail TouchPoints

JANUARY 6, 2023

The challenge for retailers is understanding where their customers will be six months from now and positioning their inventories, promotional plans and overall business outlook accordingly. Promotions can be Effective in this ‘Deal-Seeking’ Environment. Unfortunately, history isn’t providing retailers with much guidance.

Payment Services 358

Payment Services Promotions Consumer Inventory Management 358

Retail TouchPoints

AUGUST 4, 2023

The retailer also recently opened its new headquarters in Freeport, Maine, a 390,000-square-foot campus designed to “inspire employee collaboration and promote wellbeing through a connection to nature,” according to a company press release. L.L.Bean is not a publicly traded company, so more detailed financial results are unavailable.

Specialty Retailers 246

Specialty Retailers Wholesale Planning Outdoor 246

Retail TouchPoints

DECEMBER 12, 2024

The solution also can improve demand planning by identifying when items are depleted as well as when promotions end, allowing suppliers to better plan availability and product deliveries.

Planning 262

Planning Promotions Location Management 262

Retail Wire

AUGUST 11, 2024

Last month, Taco Bell revealed plans and general details about their new promotion, "The Cantinas."

Consumer 260

Consumer Promotions Planning 260

Retail Wire

FEBRUARY 21, 2024

This move aims to thwart the partners' plan of offering a bundled sports streaming package, which Fubo claims promotes illegal market manipulation and undermines its competitors. FuboTV, a sports streaming platform, has taken legal action to halt a collaborative effort by Disney's ESPN, Warner Bros. Discovery, and Fox.

Promotions 264

Promotions Planning Marketing 264

Inside Retail

DECEMBER 2, 2024

Whether managing risk and compliance, retail media, marketing campaigns or allocating staffing resources, retailers are under growing pressure to meet the evolving needs of their consumers and stay ahead of competitors in a market flooded with promotions and campaigns. “It Has the promotion been launched on TikTok?

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Planning Point of Sale Promotions Management 130

Retail TouchPoints

NOVEMBER 7, 2024

Amazon’s summer Prime Day sales event now serves to kickstart many retailers’ summertime sales and back-to-school marketing efforts, and is generally pivoting marketers’ planning calendars. How will this ultimately impact marketers’ planning calendars, now that we’re past Halloween? How can brands make this a reality?

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Marketing Promotions Consumer Advertising 274

Retail TouchPoints

AUGUST 28, 2024

Ebay has been a driving force in promoting more sustainable fashion,” said Kirsty Keoghan, General Manager of Fashion at Ebay. “Ebay Pre-Loved Fashion Week and its Endless Runway live show connects the past, present and future — and delivers a powerful reminder that the future of fashion is circular.”

Fashion 207

Fashion Planning Accessories Promotions 207

Retail TouchPoints

NOVEMBER 6, 2024

Through the strategic partnership, nearly 900 stores will use RFMN’s dynamic Digital Window Signs to promote weekly sales programs, special events, promotional ads and other ad messages, powered by Save A Lot’s retail media network.

Location 274

Location Grocer Promotions Supermarket 274

Inside Retail

MAY 31, 2023

While events and promotions can help drive foot traffic and increase sales, they do take a lot of time and effort so it’s important to get the planning and execution right. Set realistic and measurable targets and outcomes for every event and promotion so you can build on successes and learn from mistakes.

Store Layout 334

Store Layout Promotions Customer Experience Marketing 334

Retail TouchPoints

JANUARY 30, 2023

The cuts are part of Foot Locker’s plans to “simplify the business” and put a greater emphasis on omnichannel operations, according to CEO Mary Dillon. The strategy was announced in November 2022 and included plans to reduce the number of global banners the company operates, including winding down two joint ventures in Europe.

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Planning Promotions ATS 301

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. In this kind of shopping environment, how should retailers align their promotions and markdowns for the greatest impact? And don’t forget the shopper looking for that end-of-season deal.

Markdowns 274

Markdowns Retailing Pricing Promotions Fulfillment 274

Retail TouchPoints

JANUARY 9, 2025

Michelle Wlazlo, formerly the Chief Merchandising and Supply Chain Officer of JCPenney, has been promoted to Brand CEO of JCPenney. Former JCPenney CEO Marc Rosen has been named CEO of Catalyst Brands, with three brand CEOs overseeing the new companys portfolio reporting to him.

Apparel 284

Apparel Inventory Management Outdoor Fashion 284

Inside Retail

JUNE 7, 2024

For example, using light to promote well-being and understanding the link between storage and organisation products and mental health. “If The post Tapping uni students to drive innovation: Temple & Webster’s plan to hit $1bn appeared first on Inside Retail Australia.

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Planning Promotions Marketing ATS 188

Retail TouchPoints

OCTOBER 26, 2023

In her 10 years at Home Depot, Babcock’s role has continued to expand, most recently with her promotion earlier this year to VP of Retail Media+ and Monetization, where she now leads the retail media network she helped to create.

Planning 274

Planning Advertising Marketing Returns 274

Retail TouchPoints

OCTOBER 3, 2024

To maintain growth when pet owners are looking to save money, pet brands can leverage AI and predictive analytics to identify precise tactics that will optimize pricing, pinpoint successful promotions, refine assortments and maximize revenue. Build smarter promotions. Save valuable time.

Promotions 257

Promotions Consumer Sporting Goods Accessories 257

Inside Retail

NOVEMBER 18, 2024

” The new store offers exclusive promotions, including gifts with purchases and complimentary beverages during the opening week. Further reading: Inside Incu’s digital relaunch plans for APC and Rag & Bone The post Rag & Bone opens Sydney flagship store appeared first on Inside Retail Australia.

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Accessories Promotions Location Planning 264

Retail TouchPoints

JANUARY 9, 2025

Read on to take a look at the issues we plan to watch and cover onRetail TouchPoints. In terms of consumer acceptance of AI, there are strong indications that many consumers are unaware that AI is already sharpening the product recommendations they receive or has planned a faster delivery route so that their package arrives on time.

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Social Commerce Promotions Consumer Shipping 284

Retail TouchPoints

JANUARY 30, 2024

In separate but related news, The Information is also reporting that TikTok plans to open studio locations in several U.S. Citing people familiar with the project, The Information reports that each location would feature multiple studios that could accommodate dozens of creators per day shooting livestreamed and promotional content.

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Promotions Shopping Location Planning 261