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The RealReal Cuts 230 Jobs in Streamlining Effort Aimed at Reaching Profitability

Retail TouchPoints

The RealReal will cut operating costs through layoffs and store closures, with plans to eliminate 230 positions, or 7% of its workforce, according to a filing with the Securities and Exchange Commission. million , primarily in severance payments, employee benefits and similar expenses. Revenue for Q3 2022 was $142.7

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After Lackluster Q2, Francesca’s Explores Strategic Alternatives

Retail TouchPoints

Following a 29% drop in net sales during Q2, apparel, jewelry and accessories retailer Francesca’s will investigate strategic alternatives ranging from lease deferrals and refinancing to bankruptcy. Francesca’s, which operates approximately 700.

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Ecommerce Sales Tax: What You Need to Know About Cross-State Sales

Omnisend

Specifically, are you confident that you’re compliant with tax regulations, whether you’re selling a pair of pants to someone in New York or a car accessory to a Montana resident? Once the nexus has been established, it means that you are responsible for collecting sales tax and remitting payments to the state where you conduct your business.

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30 Great Franchise Business Ideas

Kissmetrics

This can save you much time and money as you focus on making your business more profitable. A franchise business model can also help you scale rapidly because you inherit the operation processes and framework from the licensing company. Which franchise business idea best suits your needs? Can I sell a franchise?

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Best Platform to Sell Online in 2020: An In-Depth Analysis

Ecommerce Platforms

Whereas a standard website platform/builder has features for adding pages and posts and menus, an ecommerce platform takes it a step further by including product management, shipping tools, payment processing, and more. Payment gateways – Each method for selling online offers integrations with payment gateways.

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Retail’s Future Requires a Shift from Mobile-First to Mobile-Only

Retail TouchPoints

claimed to continue operating normally in the wake of COVID, and their expected revenue changes compared to pre-COVID 2020 projects were -15.3%. Multipurpose mobile-only devices that incorporate accessories like printing and scanning also offer more advantages like cost effectiveness, improved security and better associate experiences.

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Shopify POS Hardware: What to Get and How to Set It Up

Ecommerce Platforms

You can combine an online store with the Shopify POS hardware or simply stick with a system for collecting payments from customers in person. The Shopify POS product works to provide an interface for accepting and processing payments in person or by typing in customer payment information. What's Shopify POS?

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