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Tag: profits

BOPIS fraud is up 250% in 1 year. Can retailers protect their profits without losing customers?

As “buy online pickup in store,” or BOPIS, grows in popularity for consumers, it is also becoming an enticing platform for fraudsters. Retailers are facing a new set of challenges with click-and-collect services that many are not prepared to handle. Although it is hard to compare the rates of fraud in BOPIS to other channels, …

BOPIS fraud is up 250% in 1 year. Can retailers protect their profits without losing customers?Read More

BOPIS fraud is up 250% in 1 year. Can retailers protect their profits without losing customers?

As “buy online pickup in store,” or BOPIS, grows in popularity for consumers, it is also becoming an enticing platform for fraudsters. Retailers are facing a new set of challenges with click-and-collect services that many are not prepared to handle. Although it is hard to compare the rates of fraud in BOPIS to other channels, …

BOPIS fraud is up 250% in 1 year. Can retailers protect their profits without losing customers?Read More

WH Smith warns on profits as coronavirus empties airport shops | Business

WH Smith has become the latest company to issue a profit warning because of the coronavirus pandemic, which has led to a major drop in shoppers at its airport outlets. The books and stationery store chain flagged a “significant impact” on its shops at airports in the Asia Pacific region, which account for 5% of …

WH Smith warns on profits as coronavirus empties airport shops | BusinessRead More

Greggs profits still on a roll with a boom in its vegan snacks | Business

The runaway success of the vegan sausage roll has resulted in bumper annual profits at the UK’s biggest bakery chain Greggs. The vegan sausage roll was launched in early January 2019 to coincide with Veganuary, a movement that encourages people to embrace plant-based diets during January and has been a big bestseller ever since. The …

Greggs profits still on a roll with a boom in its vegan snacks | BusinessRead More

Waitrose staff to get lowest bonus in 67 years as profits fall | Business

John Lewis and Waitrose staff are to receive their lowest bonus in 67 years – if they get one at all – as the company is expected to reveal its third consecutive drop in annual profits. The independent retail analyst Nick Bubb predicted the John Lewis Partnership will on Thursday announce a bonus worth 2% …

Waitrose staff to get lowest bonus in 67 years as profits fall | BusinessRead More

Airline profits hit in latest sign of coronavirus impact on global economy – business live | Business

Good morning, and welcome to our live coverage of the world economy, the eurozone, financial markets and business. Few industries have been hit by the impact of the coronavirus outbreak harder than airlines. Air France-KLM and Qantas both reported costly hits to profits on Thursday. Air France-KLM said that, based on a suspension of China …

Airline profits hit in latest sign of coronavirus impact on global economy – business live | BusinessRead More

The decisions facing John Lewis as it tries to halt fall in profits | Business

John Lewis has announced the departure of its department store boss after revealing that the shops suffered a 2% drop in sales over the Christmas period. Here are some of the problems that John Lewis needs to address in order to turn around one of the biggest names in British retail. Action on costs John …

The decisions facing John Lewis as it tries to halt fall in profits | BusinessRead More

Sports Direct profits rise as it cuts House of Fraser losses | Business

Sports Direct has said it expects to increase profits by up to 15% this year after reducing losses at House of Fraser. Mike Ashley’s retail empire forecasts profits of up to £390.3m for the year to April 2020 after underlying pretax profits increased 58% to £101.8m in the first half. Losses almost halved to £15.9m …

Sports Direct profits rise as it cuts House of Fraser losses | BusinessRead More

How Google uses A.I. to help boost profits from online shopping

Artificial intelligence can help businesses make more money from online shopping, Carrie Tharp, Google Cloud’s head of retail, told CNBC on Monday. “We’re helping retailers with Google A.I. to help drive their ability to do promotions, recommendations, improve their margins with dynamic pricing,” Tharp said on “Squawk Alley.” “So it’s really helping that retail C-suite …

How Google uses A.I. to help boost profits from online shoppingRead More

Beckhams in £38m dividend payout despite profits plunge | Fashion

David and Victoria Beckham’s business empire has paid out £38m to its owners despite a near 90% fall in profits prompted by difficulties at the former Spice Girl’s fashion label. The former England footballer, the fashion entrepreneur and their business partner Simon Fuller paid themselves dividends of $21.5m (£16.7m) and £10.3m in May this year, …

Beckhams in £38m dividend payout despite profits plunge | FashionRead More