Retail TouchPoints

OCTOBER 19, 2023

The retailer, which filed for bankruptcy in April 2023, was purchased by CION Investment Corp. in July 2023. The promoted executives include: Bob Walker, who joined David’s Bridal in 2019 as Chief Retail Officer, has been promoted to COO.

Supplies 210

Supplies Operations Technology Retail 210

Retail TouchPoints

MARCH 8, 2024

Since rebranding from Sports Direct International to Frasers Group in 2019, the company has been steadily growing its slate of fashion and lifestyle brands, which now includes Flannels , House of Fraser , Everlast , Amara Living , Gieves & Hawkes and Slazenger , among others.

Fashion 251

Fashion eCommerce Management Other 251

Retail TouchPoints

APRIL 6, 2022

retail properties by the end of 2023, according to The Wall Street Journal. URW expects these combined strategies to help it return to its 2019 EBITDA by 2024. Mall operator Unibail-Rodamco-Westfield SE (URW) is reportedly looking to divest most of its U.S. URW valued its U.S. portfolio at $13.2 so why are you getting out of this?”

Payment Services 239

Payment Services Payments Department Stores Operations 239

UpSellIt

AUGUST 9, 2023

UpSellit has officially been named a 2023 Inc. Companies on the 2023 Inc. 5000 are ranked according to percentage revenue growth from 2019 to 2022. 5000 Fastest Growing Private Company! Amazingly, this is our sixth time earning recognition on the Inc. Each year, Inc. Being named an Inc.

Toys 120

Toys Management Other 120

Retail TouchPoints

JANUARY 29, 2024

The two new investments with Constellation join three similar agreements announced in 2023 and 2022 and represent a combined total of more than 500,000 MWh of clean, renewable energy, making a significant dent in the 2.2 million MWh of energy CVS used across its operations in 2022.

Supplies 233

Supplies Operations Other 233

Retail TouchPoints

OCTOBER 11, 2023

The unique retailer, which houses brands’ products for a fee and rotates its assortment every few months, closed its Showfields Miami location in July 2023 and its Manhattan store, Showfields NoHo , in September. The retailer, which debuted in 2019, has lined up financing from existing investors for a restructuring effort, according to WWD.

Document 200

Document Technology Retail Operations 200

Retail TouchPoints

AUGUST 15, 2023

Alex Chriss Chriss will have to deal with new competitors in the payments space: in January 2023 , seven banks, including JPMorgan Chase, Bank of America and Wells Fargo, announced they were developing a digital wallet to challenge the dominance of PayPal and Apple Pay.

PayPal 172

PayPal Payments Payment Services Banking 172

Retail TouchPoints

NOVEMBER 3, 2023

While the 2023 growth rate is lower than in recent years, when stimulus spending helped inflate retail sales, it’s in line with the average annual holiday increase of 3.6% seen from 2010 to 2019. “It 24, 2023 period. The National Retail Federation (NRF) is predicting robust holiday sales, with U.S. billion to $966.6

Consumer 230

Consumer Events eCommerce Retail 230

Retail TouchPoints

MARCH 3, 2023

Nordstrom will shutter its six full-line department stores and seven Nordstrom Rack stores in Canada, along with its Canadian website , in a move that is expected to save the retailer $35 million in EBIT in fiscal 2023 compared to fiscal 2022. 28, 2023, net sales decreased 4.1% in a statement. During Q4, which ended Jan.

Operations 257

Operations Department Stores eCommerce Supplies 257

Retail TouchPoints

NOVEMBER 6, 2023

million bid in June 2023 , and he discussed his vision for the company in an October 2023 interview with Retail TouchPoints. “I Nielsen, who has served as Overstock.com’s President since 2019, joined the company in 2018 as Chief Sourcing and Operations Officer.

Home Furnishings 245

Home Furnishings Operations Improvements Retail 245

Retail TouchPoints

JANUARY 18, 2024

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

Food and Beverages 205

Food and Beverages Accessories Apparel Fulfillment 205

Retail TouchPoints

SEPTEMBER 27, 2023

21, 2023, saying theft and organized retail crime are threatening the safety of its customers and associates and “contributing to unsustainable business performance,” according to a company statement. in 2021 and in line with shrink rates seen in 2020 and 2019. Target will close nine stores in four cities on Oct. billion in 2021.

Sporting Goods 247

Sporting Goods Operations Retail Other 247

Retail TouchPoints

OCTOBER 7, 2022

Before joining Under Armour in 2020 as SVP of Americas Wholesale, Baxter served as President and CEO of LIDS Sports Group from 2016 to 2019. Pugliese will remain until early 2023 to support Baxter’s transition. Still, the company’s earnings for Q1 of fiscal 2023 were in line with expectations.

Apparel 221

Apparel Marketing 221

365 Retail

JANUARY 18, 2024

Dalton Park , the largest outlet in the North East, and Livingston Designer Outlet , Scotland’s largest outlet, have reported a record-breaking sales year for 2023, eclipsing their previous achievements in 2022. This trend underscores consumers’ continued preference for quality brands at attractive prices.

Events 64

Events Customer Experience Operations Retail 64

Retail TouchPoints

MAY 8, 2023

Destination Maternity has released its 2023 spring/summer collection exclusively at select Walmart stores and on Walmart.com. The brand is likely seeking to gain market share after the demise of BuyBuy Baby parent company Bed Bath & Beyond , which filed for Chapter 11 bankruptcy protection and began a wind-down of its operations in April.

Fashion 245

Fashion Accessories Apparel Presentation 245

Retail TouchPoints

APRIL 2, 2024

The Amazon Counterfeit Crimes Unit (CCU), established in June 2020 , stopped more than 700,000 attempts by bad actors to create fake selling accounts in 2023. The numbers, as revealed in the CCU’s 2024 Brand Protection Report, are impressive: In 2023, Amazon invested more than $1.2

Document 199

Document Supplies Apparel Improvements 199

Retail TouchPoints

JUNE 1, 2023

Ebay plans to add additional brands including Adidas , Nike , Gucci , Prada and Louis Vuitton by the end of September 2023. Ebay has pieces from nearly every notable streetwear drop that’s ever happened — whether in 1993 or 2023,” said Garry Thaniel, Global GM of Sneakers and Streetwear at Ebay in a statement.

Jewelry 260

Jewelry Apparel Arts Fashion 260

Retail TouchPoints

OCTOBER 21, 2022

Toys ‘R’ Us ANZ relaunched the brand’s website in Australia in 2019. comeback, which saw first the October 2019 launch of an ecommerce site , followed by physical stores in various shapes and sizes ( not all of which survived , although the pandemic was certainly a contributing factor). billion (approximately $4.1

Toys 275

Toys eCommerce Games Operations 275

Retail TouchPoints

JULY 10, 2023

In January 2023, Alibaba and Ant Group founder Jack Ma ceded control of Ant Group (he had stepped down from Alibaba in 2019 ). Then in March 2023 Alibaba Group announced plans to restructure into six separate groups in an effort to “foster market competitiveness.”

Payment Services 210

Payment Services Consumer eCommerce Marketing 210

Retail TouchPoints

MAY 1, 2024

In February 2023 Walmart CEO Doug McMillon told CNBC that the retailer would do its part to fight inflation by keeping prices on its private label products low. The launch of Bettergoods delivers on that customer need in a meaningful way.” The first of these three centers opened in Colton, Calif.

Food and Beverages 196

Food and Beverages Shipping Costs Shipping Consumer 196

Retail TouchPoints

NOVEMBER 14, 2023

31, 2023, subject to customary regulatory approvals. in 2019, added makeup to its product refill program, designed to reduce plastic waste, in March 2023 after bringing the program to its U.S. Natura &Co will sell The Body Shop to Aurelius for £207 million ( $257.8 million ) in a transaction expected to close by Dec.

Workshop 187

Workshop Fashion Customer Experience Retail 187

Retail TouchPoints

MAY 10, 2023

over the company’s closing common stock price on March 17, 2023, which was the last trading day before the company announced the receipt of the unsolicited proposal to be acquired. The deal is expected to close in the second half of 2023, subject to customary closing conditions and stockholder approval.

Home Furnishings 257

Home Furnishings Management Supplies Operations 257

365 Retail

DECEMBER 12, 2023

75Media has analysed 10 years of Christmas adverts which has revealed 2023 as the year with the highest use of celebrities in holiday campaigns among major retailers. Graham Norton is the first celebrity to feature in a Waitrose Christmas advert and Sainsbury’s has continued their 3 year celebrity streak by featuring Rick Astley in 2023.

Events 52

Events Retail Marketing 52

365 Retail

JANUARY 3, 2024

In 2023, The O2, managed by Waterfront Limited Partnership—a joint venture of AEG and Crosstree Real Estate Partners—witnessed unprecedented success. Outlet Shopping at The O2 achieved consistent success in 2023, with weekly average sales climbing by 25% and an average spend per customer increasing by 6%.

Leisure 64

Leisure Events Management Retail 64

Retail TouchPoints

APRIL 14, 2023

Hyman also highlighted the impact of Rent the Runway’s new customer-centric strategy in 2023, including “changing all our subscription programs to include an additional item in every shipment, which has already improved retention and rejoin rates.” He will replace Scarlett O’Sullivan, who will be leaving the post on May 25, 2023.

Subscription 190

Subscription Improvements Customer Fulfillment 190

Retail TouchPoints

MAY 11, 2023

The DG Fresh network was introduced in 2019 as a way to enable self-distribution of fresh and frozen items. It was completed earlier in 2023. The facility is expected to create 400 jobs as part of a $140 million investment in the area.

Supplies 280

Supplies Presentation Customer Experience Improvements 280

Retail TouchPoints

AUGUST 24, 2023

Forever 21 has been seeking to expand its omnichannel offerings as a way to stay relevant with Gen Z consumers, which it sees as key to avoiding a repetition of strategies that led to its 2019 bankruptcy.

Fashion 217

Fashion Omnichannel Apparel Operations 217

ROI Revolution

JANUARY 3, 2020

Welcome to the final monthly marketing recap of 2019! For our December 2019 marketing news recap, we’ll be covering some of the biggest news in the digital marketing world since last time , including slowing Instagram growth, new privacy laws impacting the U.S., the best marketing campaigns of 2019, and more. Of Interest.

Marketing 78

Marketing Social Media Food and Beverages Omnichannel 78

Ecommerce Platforms

DECEMBER 15, 2022

In February 2019, the solution reached its first 1 billion downloads. It surpassed the one billion milestone in February 2019, and the two billion figure by April 2020. The post The Ultimate TikTok Statistics for 2023 appeared first on Ecommerce Platforms. TikTok has been downloaded more than 3 billion times worldwide.

Social Media 197

Social Media Download Channel Marketing 197

Retail TouchPoints

NOVEMBER 18, 2021

Additionally, the retailer will adjust its 125 planned closings for 2023 by closing an additional 10 stores in January 2022, but taking a second look at another 60 that were intended to go dark. compared to Q3 2019. Digital sales were up 19% from 2020 and 49% from 2019, and the brand attracted 4.4 compared to 2020, and 8.7%

Recommendation 274

Recommendation Omnichannel eCommerce Mobile 274

Retail TouchPoints

MARCH 17, 2023

The law took effect in January 2022 but Amazon didn’t put up signs regarding its use of biometric tracking technology in Amazon Go stores until March 2023, according to the lawsuit. 7, 2023 but never received a response. Additionally, the suit alleges that the posted signage fails to comply with New York City’s regulations.

Payment Services 224

Payment Services Customer Technology Information 224

Retail TouchPoints

APRIL 24, 2023

has appointed Kenny Mitchell as its new SVP and Chief Marketing Officer (CMO) of the Levi’s brand, effective June 5, 2023. He joins Levi’s from Snapchat parent company Snap where he has served as CMO since 2019, leading the growth of the platform’s global community, advertising base and developer partners. Levi Strauss & Co.

Marketing 227

Marketing Operations Consumer Retail 227

Retail TouchPoints

JANUARY 4, 2024

Launched nationwide in 2019 , the newly renamed ExtraCare Plus program currently has more than 6.5 CVS Pharmacy has evolved its loyalty program into two simplified membership tiers : the free loyalty tier will remain branded as ExtraCare, while the paid membership — previously called CarePass — has been rebranded as ExtraCare Plus.

Shipping Costs 212

Shipping Costs Shipping Other Management 212

365 Retail

NOVEMBER 8, 2022

As we edge closer towards 2023, fintech experts from all-in-one financial toolkit, Intergiro , have made their top predictions for the biggest upcoming trends. . With the growth of digital banks, in 2023 we expect to see the use of virtual cards continue to surge. Virtual Cards. monthly searches globally on average. .

Payment Services 75

Payment Services Payments Cryptocurrencies Banking 75

Retail TouchPoints

AUGUST 4, 2023

Amazon’s financial results for Q2 2023, which ended June 30, reveal that its investments in product expansion, fulfillment capabilities and new ad offerings have helped it beat initial projections. Prime members: So far in 2023, Amazon has delivered more than 1.8 Revenue increased 11% year over year, reaching $134.4

Small Business Retail 199

Small Business Retail Fashion Fulfillment Operations 199

Ecommerce Platforms

FEBRUARY 23, 2023

In 2019, dropshippers contributed revenues of around $95.4 Although the available income for Amazon dropshippers can vary, according to one report, many dedicated professionals can earn between $1,000 and $50,000 per month. Additionally, dropshippers appear to be responsible for fulfilling around 34% of all sales on Amazon.

Small Business Retail 104

Small Business Retail Hobbies Fulfillment Electronics 104

Retail TouchPoints

JULY 24, 2023

He will replace Mary Beth Laughton, who has held these posts since September 2019. has named Chris Blakeslee as the new President and CEO of Athleta as of Aug. Blakeslee will be tasked with driving strategic growth for the nearly $1.5 billion women’s active and lifestyle brand and certified B Corporation.

Apparel 189

Apparel Fashion Retail Customer 189