Remove retail-resolutions-businesses-profitable
article thumbnail

4 Retail Resolutions to Help Businesses Become More Profitable

RetailMinded

Whether or not New Year resolutions are your thing, I think it’s fair to say everyone would like their year ahead to be more profitable. How they aim to accomplish that may vary, but the simple goal of making more profit when operating your business rarely – if ever – escapes a professional’s wish list for their year ahead.

article thumbnail

BB&B Reaches Agreement With Activist Investor RC Ventures That Includes New Board Members

Retail TouchPoints

The retailer has reached a cooperation agreement with the Ryan Cohen-led RC Ventures LLC , which owns approximately 9.8% of the retail company’s outstanding shares, to put three RC Ventures director designees on the Bed Bath & Beyond board of directors. The Bed Bath & Beyond saga continues.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Choosing the Right eCommerce KPIs: A Guide for Sellers

Algopix

Key Performance Indicators (KPIs) play a crucial role in this process, helping sellers gain valuable insights into their online businesses. But with a myriad of data points to choose from, how do you know which eCommerce KPIs are the most important for your business? It measures the profitability of your marketing efforts.

article thumbnail

4 Ways Retailers can Leverage Generative AI to Drive Revenue and Productivity

Retail TouchPoints

The world of retail is getting ready for its iPhone moment using breakthrough generative AI technology. Startups including Fashable and Verneek are generating unique use cases of generative AI for retail. Global ecommerce sales, representing 22% of all retail sales, could increase to $5.4 And there’s plenty of money at stake.

article thumbnail

Inside the Online Bookstore Building a ‘Model for Small Businesses to Compete with Amazon’

Retail TouchPoints

“Right before we launched, I had a panic attack when I did the math of how many customers we would need to survive,” recounted Andy Hunter, Founder and CEO of Bookshop.org in an interview with Retail TouchPoints. “It and Hunter estimates that the site has saved as many as 400 bookshops from going out of business. “In

article thumbnail

CFPB Announces Intention to Regulate BNPL Following Release of Consumer Impact Report

Retail TouchPoints

The CFPB also found that BNPL usage has expanded to a wider range of retailers. in 2020; and Lenders’ profit margins fell to just over 1% of the amount of the loan in 2021, down from nearly 1.3% in 2020; and Lenders’ profit margins fell to just over 1% of the amount of the loan in 2021, down from nearly 1.3%

Payments 262
article thumbnail

Future of Services: Micro-Factory and Retail in One

Retail TouchPoints

The service industry is on the cusp of trying to redefine itself in the new age of retail. Today, retail is the consumer-facing layer of complex material, manufacturing, production, packaging and logistics infrastructure. Not only is it time-consuming but also very expensive without a healthy scalable model.