article thumbnail

Express Launches Debt Restructuring Effort in Bid to Avoid Bankruptcy

Retail TouchPoints

Express’ ability to avoid bankruptcy hinges on whether its lenders will agree to provide more liquidity or loosen repayment options, and whether the company’s vendors will continue shipping goods without tightening payment schedules, the sources told WSJ. The company’s total debt at the end of the third quarter was $274.7

Payments 253
article thumbnail

The 7 Perfect Verticals for Generating Recurring Revenue

Groove

Selling products online often means wild swings in revenue generation based upon trends, seasonality or consumer sentiments. On the flip side, upwards of 75% of a business’s revenue comes from these same months. Fashion & Apparel. There are countless upsell opportunities in this category as well.

Payments 195
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Have Temu and Shein Thwarted Wish’s Hopes of a Comeback?

Retail TouchPoints

Revenues were down more than expected, decreasing 42% YoY to $78 million ; adjusted EBITDA was in line with expectations but still represented a loss of $66 million in the quarter; and monthly active users were down 48% to 12 million. “As The trade-off is long shipping times, another thing Wish is working hard to improve.

article thumbnail

Everything You Need to Know About Shopify Plus Pricing

Ecommerce Platforms

Not only does Shopify offer tiered pricing plans that unlock more features and cheaper transaction fees, but it also offers an Enterprise level plan that takes things to the next level. Suppose you’re an international business with increasingly demanding responsibilities. How Much Does Shopify Plus Cost? Let’s get started!

article thumbnail

#RSP22: Everything You Need to Know About Holiday 2022

Retail TouchPoints

The Retail TouchPoints 2022 Retail Strategy & Planning (#RSP22) webinar series, now available on-demand, offered a wealth of tips and best practices across critical areas including pricing, location-based technology, inventory management and marketplaces. Differentiating on product and price has become harder and harder.

article thumbnail

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

Ecommerce Platforms

Some of the factors include pricing, app offerings, and themes. The best platform to sell online for small business is Square Online Store. The best platform for large-scale business is BigCommerce. The least expensive option is Wix Commerce. Is it going to take a small business a long time to break even?

article thumbnail

Serial Returners and Refund Fraudsters: How Brands are Fighting Back With Data Insight

Retail TouchPoints

Online return fraud cost U.S. Cutting Fraud to Claw Back Costs Retailers are pushing back. Some fashion brands, including Zara, J.Crew and Uniqlo , have begun charging for returns in order to claw back lost revenue and dissuade certain behaviors. retailers $22.8 billion in 2022. retailers lose $10.40