profitability

Rent the Runway Plans to Sacrifice 2023 Revenue to Meet 2024 Profitability Goal

Rent the Runway has lowered its revenue expectations for 2023, now saying it plans to at least match 2022 revenues of $296.4…

3 Different Paths to Resale Profitability

Resale is one of the hottest sectors of retail right now, but despite rampant consumer demand and brand uptake, resale platform operators…

Three Strategies to Employ in 2023 to Boost Retail Profitability in Spite of Inflation and Economic Uncertainty

The post-COVID-19 retail recovery hasn’t quite gone according to plan. However, during the height of the global pandemic, brands showed that they’re…

How Shoemaker Viscata is Achieving Social and Business Goals by Reducing Returns

It’s been another year of record-breaking ecommerce sales combined with unprecedented snarls across shipping and inventory ecosystems, so it should come as…

Fostering Profitability During Promotion-Filled Holidays

The impending holidays signal a host of seasonal staples, among them retail promotions and sweet desserts. While these might not initially seem…

70% Of Brands Splurge On E-Commerce, Yet Only Half Optimize Its Profitability

Although 70% of B2B and B2C brands have spent more than $1 million to establish e-Commerce sites, only half agree that their…

JCPenney Lays Off 300 At Corporate Headquarters

JCPenney has cut 300 positions at its headquarters in Plano, Texas, representing a 9% reduction of the company’s 3,400-person corporate staff. The…

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