Retail TouchPoints

JANUARY 15, 2024

Artificial intelligence dominated headlines and water cooler conversations in 2023, and 2024 is looking to be no different (if the conversations and showcases at CES and NRF’s Big Show are any indication). Many companies have long been using AI and machine-learning technologies to enhance their business practices.

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Retail Customer Experience Technology Operations 309

Retail TouchPoints

MARCH 25, 2024

The Retail TouchPoints team is reporting on all the news breaking before, during and after the Retail Innovation Conference & Expo , taking place June 4-6, 2024, at McCormick Place in Chicago. Pinterest Chief Revenue Officer Bill Watkins spoke with Retail TouchPoints to share the company’s unique position and vision for monetization.

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Retail Article Omnichannel Customer Experience 224

Retail TouchPoints

SEPTEMBER 29, 2023

We now have over 1,400 stores and ecommerce sites across 31 countries, and as we head into 2024, we are excited to bring Toys ‘R’ Us to consumers everywhere.” The new stores will open in prime locations that complement the existing Macy’s retail footprint, according to the company. UK, India, Dubai and Mexico.

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Toys Specialty Retailers Games Shipping 290

Retail TouchPoints

DECEMBER 8, 2023

29, 2024, a few months prior to Bergh’s departure, which is scheduled for April 26, 2024. Bergh has been elected as Executive Vice Chair of the Levi’s board until his retirement date, after which he will transition to the role of senior advisor until the end of the company’s 2024 fiscal year. During this time, LS&Co.

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Travel Omnichannel Consumer Marketing 270

Groove

DECEMBER 7, 2023

What Do I Need To Know About Etail West 2024? Etail West 2024 is a four-day conference taking place in Palm Springs, California from February 26th through February 29th, 2024 - although the final day is reserved for retailers only. Etail West 2024 is the go-to event for staying on top of the constantly changing eCommerce world.

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Events Social Media Workshop Download 195

Retail TouchPoints

JANUARY 12, 2024

As 2024 advances, the importance and reach of paid social media advertising will only continue to grow. Online retailers operating in these specific sectors in particular should not overlook TikTok’s potential for their advertising strategy. Source: Forbes In 2024, paid social trends will shape the ecommerce landscape.

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Social Media Beauty and Health Multichannel eCommerce 294

Retail TouchPoints

NOVEMBER 10, 2023

The brand has acquired a newfound relevance among Gen Z and millennials that has helped the company achieve a 5% year-over-year net revenue increase, while Kate Spade and Stuart Weitzman both saw losses over the same period. These increases were driven by lower freight expenses and operational improvements. In addition to reaching $1.16

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Operations Omnichannel Fashion Improvements 247

Retail TouchPoints

JANUARY 10, 2024

As we step into 2024, the retail industry is poised for a transformative year at brick-and-mortar locations, marked by innovative product trends that marry functionality with aesthetics. He has worn every hat at the company, understanding the inner workings of producing, selling and marketing wire mesh throughout his career.

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Retail TouchPoints

APRIL 12, 2023

In fact, results from Retail TouchPoints’ latest Store Design & Experience Survey revealed that 58% of respondents plan to remodel and/or renovate a minimum of 11% of their store footprint through 2024. Leap is helping these brands rise to the occasion by leveraging its strategic relationships with operators.

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Retail TouchPoints

FEBRUARY 26, 2024

“This focuses on our Sprouts brand, continuing to deliver growth ahead of company performance and provide customers with products they value and trust.” Additionally, Sprouts is planning “the first iteration of our new loyalty program,” said Sinclair, testing the program beginning in summer 2024 as it prepares for a full launch in 2025.

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Groove

FEBRUARY 27, 2024

approaching 200 to 250 million in 2024." - Dave Santiago, 00:03:40 "It's a really cool role to play because it's never dull. He is also a skilled negotiator and communicator who has closed multi-million dollar deals with Fortune companies and built high-performance teams.

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Retail TouchPoints

MAY 17, 2024

Under Armour announced plans for a restructuring following disappointing results in its fourth quarter and fiscal year 2024 (ended March 31, 2024), as well as the expectation that revenues will continue to decline anywhere from 15% to 17% in North America in the coming year. Revenue was down 5% globally to $1.3 ”

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Retail TouchPoints

JANUARY 11, 2024

13 to 16, 2024. Spotlights on Supply Chain, Sustainability and RMNs New at the 2024 event is the retailer-only Supply Chain 360 Summit being held on Sunday, Jan. The Startup Hub also will feature new solutions from young companies offering examples of a wide range of retail technologies.

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Workshop Supplies POS Presentation 244

Retail TouchPoints

FEBRUARY 12, 2024

The Children’s Place — which owns and operates The Children’s Place , Gymboree , Sugar & Jade and PJ Place brands — is working with advisors and lenders to find new financing as it projects a wider loss than initially expected in its Q4 for fiscal 2023, which ended Jan. 3, 2024 is expected to be approximately $45 million.

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Operations eCommerce Other Marketing 254

Retail TouchPoints

APRIL 9, 2024

The streetcar, which is embellished with cherry blossoms and Shein branding, will be in operation until May 10, 2024, serving as what the company described as “a moving billboard” designed to “capture the city’s attention.”

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Retail TouchPoints

MARCH 13, 2024

Despite Tightening Wallets, Select Brands Flourish As spend growth softened in the second half of 2023 across discretionary categories and companies geared toward more price-conscious consumers flourished, opportunities presented themselves for brands that kept an open mind. He holds the chartered financial analyst (CFA) designation.

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Multi-channel Payment Services Consumer Automotive 251

Retail TouchPoints

MARCH 14, 2024

stores in 2024 as it seeks to streamline its operations. The footwear retailer, which currently operates 41 stores in the U.S Current COO Joseph Vernachio will move into the CEO position on March 15, but Zwillinger will remain on the company’s board and serve as a special advisor. million , in 2023 compared to 2022.

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Operations Marketing Consumer Retail 266

Retail TouchPoints

APRIL 22, 2024

A consortium led by Toys ‘R’ Us owner WHP Global that includes mall operators Simon Property Group and Brookfield Properties has offered to buy a “substantial majority” of Express, Inc.’s s retail stores and operations. Despite that, Express was delisted from the New York Stock Exchange on March 6, 2024, due to underperformance.

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Toys Fashion Operations Management 147

Algopix

OCTOBER 27, 2023

As we approach 2024, it’s essential for both established and aspiring eCommerce sellers to stay ahead of the curve by anticipating and preparing for the upcoming trends that will shape the industry. Augmented Reality (AR) Shopping Experiences In 2024, Augmented Reality (AR) is set to revolutionize the way consumers shop online.

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eCommerce Payment Services Cryptocurrencies Shipping Costs 119

Retail TouchPoints

MARCH 27, 2024

with plans for stores in a dozen new markets through a partnership with mall operator CBL Properties. followed by a January 2024 opening in Myrtle Beach, S.C. Throughout the rest of 2024, stores will open at malls in Nashville and Chattanooga, Tenn.; and Winston-Salem, N.C., expansion plans.

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Retail TouchPoints

MARCH 27, 2024

The apparel retailer currently operates 84 stores across the country. Untuckit stores continue to be the backbone of our company,” said Founder Chris Riccobono in an interview with Yahoo!Lifestyle.

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Apparel Gifts Payment Services Recommendation 238

Retail TouchPoints

FEBRUARY 2, 2024

As of January 2024, the Postal Service has opened 29 of these S&DCs. The USPS also plans to procure 21,000 commercial-off-the-shelf (COTS) battery-powered and domestically manufactured delivery vehicles, including 9,250 from the Ford Motor Company, depending on market availability and operational feasibility.

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Operations Improvements Technology Other 283

FastSpring

APRIL 23, 2024

The company handles transactions for sellers of digital products, providing the infrastructure for global online payments while taking responsibility for tax collection and remittance, fraud prevention, and other aspects of the checkout process. It’s a capable solution, but by no means is Paddle a universal, one-size-fits-all option.

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Payment Services Merchant Services Payments Subscription 114

Retail TouchPoints

OCTOBER 9, 2023

In 2024, it won’t be your dad’s supply chain. Retailers need additional tools to fully integrate these stores’ back-of-house (BOH) operations into the rest of their supply chain. Shoppers’ retail preferences will be unlike anything we’ve seen even just a year ago. More fluid. Less predictable. Highly distributed!

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Supplies Fulfillment Retail Omnichannel 299

Retail TouchPoints

MAY 16, 2024

The Fast Retailing brand (also parent company of Uniqlo and Theory ) is launching its U.S. And with a fiscal 2024 motto of “Go Global,” the company appears to have big aspirations. “For about a year and a half since opening our first pop-up store in the U.S., with a NYC pop-up in 2022.

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Fashion Accessories Apparel Consumer 248

Retail TouchPoints

MAY 3, 2024

The Save Mart Companies is building on its partnership with Instacart by implementing several in-store solutions in nearly all 200 Save Mart, FoodMaxx and Lucky locations. FoodStorm , Instacart’s order management system, is designed to help streamline food service, perimeter offerings and catering operations.

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Retail Omnichannel Mobile Operations 255

Algopix

FEBRUARY 18, 2024

However, amid the excitement of embarking on an e-commerce journey, questions often arise regarding the necessity of legal structures such as Limited Liability Companies (LLCs). A Limited Liability Company (LLC) is a business entity that offers a blend of liability protection and operational flexibility. What Is an LLC?

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eCommerce Document Operations Management 107

Pivotree Blog

MAY 2, 2024

Join Pivotree at AutoCare Connect Week and B2B Online 2024 in Chicago to learn AI-assisted ways to transform data into revenue, productivity gains, and competitive advantage TORONTO, May 2, 2024 – Pivotree Inc. said Derek Corrick, General Manager at Pivotree.

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Presentation B2B Automotive Events 52

Retail TouchPoints

APRIL 1, 2024

Bankruptcy Court , District of New Jersey that would cut more than $2 billion in debt and keep a large portion of the retailer’s store fleet operating. Senior bondholders would drop their claims in return for 90% of the stock in the reorganized company, while senior lenders would be paid in full, either in cash or via new loans.

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Payment Services Operations Other Management 276

365 Retail

MAY 22, 2024

Marks & Spencer (M&S) has released its financial results for the 52 weeks ending 30 March 2024, demonstrating a notable recovery and growth across its business segments. The company reported a significant increase in revenue, driven by strong performances in both its food and clothing sectors. billion, a 9.9%

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Retail TouchPoints

MAY 24, 2023

Five Below plans to add at least seven new outlet locations to its store roster this year in partnership with mall operator Simon. The retailer already operates 21 stores within the Simon portfolio. The new locations, slated to open throughout this spring and summer, will be at Simon Premium Outlets in Albertville, Minn.; Gaffney, S.C.;

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Operations Retail Customer 299

Retail TouchPoints

APRIL 5, 2024

99 Cents Only Stores will wind down its business and shutter its 371 locations across California, Texas, Arizona and Nevada after more than 40 years in operation. Hilco Real Estate will manage the sale of the company’s real estate assets, both owned and leased.

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Presentation Operations Management Consumer 240

Retail TouchPoints

JANUARY 26, 2024

The first phase of what is expected to be a two-year optimization effort will see a 10% to 15% reduction of Levi’s global corporate workforce that will take place in the first half of 2024. The productivity initiative was announced along with reporting for the company’s Q4 and FY 2023, which ended Nov.

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Apparel Operations eCommerce Consumer 230

Retail TouchPoints

MARCH 15, 2024

It was a tough week to be at the top in retail with a number of companies announcing CEO switch-ups following disappointing performances, including Petco , Under Armour , Fossil Group and, as Retail TouchPoints previously reported, Allbirds. 3, 2024, compared to net income of $32.7 Petco reported a net loss of $22.6

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Retail Operations Management Customer Experience 255

Retail TouchPoints

APRIL 10, 2024

Arkhouse boosted its bid in early March 2024 after putting forward a slate of nine board nominees in February 2024. We are confident the company will benefit from their additional perspectives,” he said in a statement. billion buyout bid.

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Management Other Retail Operations 251

Retail TouchPoints

NOVEMBER 13, 2023

Globally, Toys “R” Us operates 1,400 stores and ecommerce businesses in 31 countries. Beginning in 2024, the new store will introduce elements like Geoffrey’s Café and ice cream parlor along with interactive experiences and product demos from popular toy brands.

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Toys Shipping Demo Operations 261

Retail TouchPoints

MARCH 7, 2024

Beyond, Inc. — parent company of Bed Bath & Beyond and Overstock.com — has acquired the intellectual property of defunct flash-sale retailer Zulily , following that platform’s abrupt wind-down of its business in late 2023. Newly appointed Beyond, Inc. Beyond paid $4.5 Now Beyond, Inc.

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Home Furnishings Order Fulfillment Jewelry Social Media 257