Latest news with #retailers
Bloomberg
2 hours ago
- Business
- Bloomberg
Clorox's Outlook Hit as Software Switch Disrupts Retail Orders
Clorox Co. 's full-year outlook came in below expectations as a switch in the company's key operational software is seen causing severe cutbacks on orders from retailers. Earnings, less some items, are expected to be $5.95 to $6.30 per share in the current fiscal year that began in July, the company said in a statement. Analysts had expected $6.44 per share.
Globe and Mail
7 hours ago
- Business
- Globe and Mail
Specialized Support from IBN Technologies for Retail Bookkeeping
IBN Technologies delivers professional bookkeeping services tailored to U.S. retailers—handling daily sales tracking, inventory reconciliation, payroll, and POS integrations. From boutique shops to multi-location chains, retail businesses gain financial accuracy, reduced errors, and improved reporting without hiring additional staff. Miami, Florida - 31 July, 2025 - U.S. retail businesses are recalibrating their financial operations amid increasing complexity in multi-store management, inventory shifts, and fluctuating consumer trends. To maintain accurate reporting and mitigate compliance risks, many are now relying on Professional Bookkeeping Services to support more consistent, scalable financial workflows. This shift reflects a broader move across the retail sector to gain better visibility into real-time cash flow, tax obligations, and reconciliation practices. The rising demand for outsourced bookkeeping stems from the pressure to balance cost control with operational efficiency. By delegating daily financial tasks to external specialists, retailers can avoid delays, reduce internal strain, and ensure financial data remains audit-ready. Companies like IBN Technologies provide industry-focused bookkeeping solutions that help streamline operations without expanding in-house teams. As the sector navigates tight margins and fast-changing market dynamics, professional bookkeeping support has become an essential tool for maintaining control and driving informed decision-making. Your business deserves a tailored financial strategy. Start with a Free Consultation: Retail Finance Involves Rapid Movements—and Constant Oversight Unlike service-based industries, retail businesses operate at high transaction volumes with complex workflows involving inventory purchases, credit card reconciliation, discount tracking, and multi-channel sales. Even smaller retailers often deal with hundreds of financial entries per day. Outdated internal processes or inexperienced staff can cause reconciliation gaps, missed vendor payments, or inventory misreporting. By working with a provider offering professional bookkeeping services, retail businesses can better align daily records with long-term financial goals—whether scaling an online storefront or managing seasonal sales cycles. Specialized Support from IBN Technologies for Retail Bookkeeping With over 26 years of experience, IBN Technologies provides professional bookkeeping services designed specifically for the fast-moving retail sector. Retail clients gain access to secure, cloud-based systems that keep financial data clean, organized, and available across departments. Retailers no longer need to struggle with spreadsheets or general accounting tools. IBN Technologies offering stands out by blending tech-enabled solutions with hands-on retail finance expertise: • Daily reconciliation of multi-channel sales data • Inventory costs tracked and reflected in financial reports • Accurate and timely expense categorization • Assistance with tax prep and regulatory compliance • Consistent reconciliation of bank and vendor accounts • Payroll processed in alignment with financial records • Profit and loss statements with retail-specific insights • Cash flow projections based on real-time inputs • Complete reports prepared for audits or investors • Services customized to retail business operations This level of support allows retail operators to avoid bottlenecks and stay compliant—without having to scale an in-house finance team. Adapting to Retail-Specific Needs with a Focused Approach Boutique clothing boutiques and franchise convenience chains are examples of retail enterprises. While some may manage bulk inventory turnover every few weeks, others may rely significantly on seasonal labor. A one-size-fits-all approach is insufficient to address these structural variations. Retailers who outsource to a reputable bookkeeping company get adaptable solutions that expand with their business. Reports can be customized based on location-specific margins, peak sales times, or revenue channels. Owners and CFOs can improve their decisions about employment, promotions, and inventories by using precise month-end and quarter-end data. U.S. Retailers See Measurable Improvements A California-based clothing retailer improved cash flow management after integrating virtual bookkeeping service for multi-store reconciliation. ● More than 1,500 retailers supported with industry-specific services ● Retailers report up to 50% lower costs after shifting from manual tasks ● 95% client retention highlights dependable, high-performing service ● 99% reporting accuracy supports confident, data-driven decisions These cases reflect how organized financial systems drive operational agility across retail formats. Customized packages that fit your budget and scale with your growth. View Pricing Options Today: A Smarter Way to Manage Retail Finances As retail continues its transformation across online platforms, brick-and-mortar stores, and omnichannel experiences, financial visibility becomes a critical driver of success. Inaccurate books can stall important decisions, disrupt cash flow, and invite regulatory scrutiny—hindering profitability and growth. That's why more retail businesses are turning to professional bookkeeping services to maintain structured, transparent records that support every part of their operation. By leveraging cloud-based tools and outsourced expertise, retailers ensure timely reconciliations, organized audit-ready reports, and seamless data flow across departments. With accurate financial insights at their fingertips, retail leaders can prioritize what matters most: enhancing customer experiences, launching high-impact promotions, and expanding product lines with confidence. Partnering with a trustworthy bookkeeping company removes complexity from backend operations, allowing teams to manage vendor contracts, forecast inventory needs, and remain compliant with ease. Whether scaling during holiday rushes or navigating slow periods, retail businesses stay agile and profitable with dependable bookkeeping support. Related Services Finance and Accounting: About IBN Technologies IBN Technologies LLC, an outsourcing specialist with 26 years of experience, serves clients across the United States, United Kingdom, Middle East, and India. Renowned for its expertise in RPA, Intelligent process automation includes AP Automation services like P2P, Q2C, and Record-to-Report. IBN Technologies provides solutions compliant with ISO 9001:2015, 27001:2022. The company has established itself as a leading provider of IT, KPO, and BPO outsourcing services in finance and accounting, including CPAs, hedge funds, alternative investments, banking, travel, human resources, and retail industries. It offers customized solutions that drive efficiency and growth. Media Contact Company Name: IBN Technologies LLC Contact Person: Pradip Email: Send Email Phone: +1 844-644-8440 Address: 66, West Flagler Street Suite 900 City: Miami State: Florida 33130 Country: United States Website:
Yahoo
10 hours ago
- Business
- Yahoo
United Natural Foods Unveils Top Industry Trends to Help Retailers Plan for the Holiday and Winter Selling Season
Trends to watch include the rise of industry disruptors, health and wellness, and private label products More than 30 suppliers were honored in second annual UNFI Circle of Excellence Awards PROVIDENCE, R.I., July 31, 2025--(BUSINESS WIRE)--During its second Holiday and Winter Selling Show of 2025 in Uncasville, Conn., United Natural Foods, Inc. (NYSE: UNFI) (the "Company" or "UNFI") brought together more than 3,900 attendees, connecting more than 1,400 retailers and over 750 suppliers. Exhibitors showcased thousands of unique products, spanning the natural, organic, fresh, specialty, and conventional grocery categories. Differentiation that Drives Results During the show, UNFI experts shared the latest industry insights and emerging growth opportunities to help grocers stand out during the upcoming holiday and winter selling season. Top industry trends include*: Promotions are on the rise – Promotional activity has ramped up with one-third of grocery volume focused on deals or value. Private label is gaining popularity – Investment in private label continues with an expected 40% sales growth by 2030. Disruptors are picking up speed – Challenger brands are gaining an edge, generating 27% growth in the food sector last year. Health and wellness brands are booming – Fresh, high-protein and better-for-you options are outpacing the rest of the store. Experiences are essential – Unique assortments and in-store experiences continue to drive traffic and volume for retailers of all sizes. To help customers and suppliers capitalize on these trends, UNFI leaders also highlighted how their Professional Services offerings – including data platforms like Scan Advantage – can make it easier to use consumer insights and analytics for better assortment and promotional planning during high-volume seasons. "UNFI Professional Services has been a game changer for us," said Emily Brown, Store Manager, Catherine's Market. "Scan Advantage gives us the insight we need to align our operations and product mix with seasonal trends and consumer preferences. It helps us stay ahead of what they're looking for, whether it's national brands or ideas we can translate into our house-made bakery and deli offerings." Honoring Outstanding Suppliers At the Holiday and Winter Selling Show, UNFI honored 31 supplier brand partners across 15 unique categories in its second annual Supplier Circle of Excellence Awards. The awards recognize suppliers for excellence in brand performance, category leadership, product innovation, and more. "This year's Supplier Circle of Excellence Award winners represent the best of our industry, and we're proud to recognize their meaningful contributions," said Sandy Douglas, UNFI CEO. "Their leadership, creativity, and commitment to excellence in an increasingly competitive market is defining the future of the consumer-packaged goods and grocery retail industries." UNFI recognized the following three companies with the highest Circle of Excellence award, Supplier of the Year: Impact Supplier of the Year – Chobani Broad Market Supplier of the Year – Loisa Supplier of the Year – The Hershey Company "At Chobani, our commitment to our people and our communities runs deep—we live it every day by working with local partners to end hunger," said Marcin Moscicki, Vice President of Sales at Chobani. "Our partnership with UNFI has helped us extend that impact even further, bringing nutritious food to more communities and making a meaningful difference where it's needed most." To see the full list of UNFI's 2025 Supplier Circle of Excellence Award winners, visit the UNFI Newsroom. Sources*: Power of Produce, 2025 NielsenIQ Discover Morgan Stanley "Private Label Tipping Point" J.P. Morgan "U.S. Food Producers" NielsenIQ Better for You SBI Team Analysis and Opinion About UNFI UNFI is North America's premier grocery wholesaler delivering the widest variety of fresh, branded, and owned brand products to more than 30,000 locations throughout North America, including natural product superstores, independent retailers, conventional supermarket chains, ecommerce providers, and food service customers. UNFI also provides a broad range of value-added services and segmented marketing expertise, including proprietary technology, data, market insights, and shelf management to help customers and suppliers build their businesses and brands. As the largest full-service grocery partner in North America, UNFI is committed to building a food system that is better for all and is uniquely positioned to deliver great food, more choices, and fresh thinking to customers. To learn more about how UNFI is delivering value for its stakeholders, visit View source version on Contacts For Media: Grace For UNFI Investors: Kristyn -or-Steve
Malay Mail
15 hours ago
- Business
- Malay Mail
Concerts, F1 drive optimism in Singapore services sector despite transport, finance caution
SINGAPORE, July 31 — The services sector in Singapore expects business conditions to improve and become more favourable in the second half of the year, according to the Singapore Department of Statistics' (DOS) Business Expectations Survey for the sector. DOS said the third-quarter 2025 survey, conducted from June to July, found that 17 per cent of firms were upbeat about business conditions, while 15 per cent anticipated a deterioration, resulting in a net weighted balance of two per cent of firms expecting a more favourable business outlook. Within the sector, industries expressing positive business sentiment include accommodation, wholesale and retail trade, recreational, community and personal services, as well as information and communications. 'Hoteliers and retailers are optimistic due to upcoming concerts and sporting events, as well as the year-end festive season. These are expected to boost tourism and increase hotel occupancy rates, while driving sales growth for retailers,' according to a statement on the findings. Meanwhile, industries such as transportation and storage, and finance and insurance expect more challenging business conditions in the second half of the year. 'Water transport firms are cautious about the geopolitical uncertainties and anticipate lower demand for their services due to front-loading activities by firms ahead of the expiration of the 90-day pause in the United States' reciprocal tariffs,' it noted. The services sector, with a net weighted balance of seven per cent, foresees higher revenue for the third quarter, particularly in the accommodation industry, supported by major events such as the Singapore Grand Prix. In line with the positive revenue outlook, firms in the accommodation industry also anticipate increased hiring to meet the expected rise in tourist arrivals for these upcoming events. 'The majority of the industries expect to increase hiring activity for the period July to September, with a net weighted balance of nine per cent,' the survey found. The Business Expectations Survey covers around 1,500 enterprises across wholesale and retail trade, transportation and storage, accommodation, food and beverage services, information and communications, finance and insurance, real estate, professional, administrative and support services, as well as recreation, community and personal services. Respondents are asked about their expectations of the business situation in the next six months, as well as operating revenue and employment in the next three months. — Bernama
Bloomberg
18 hours ago
- Business
- Bloomberg
UK Food Inflation to Hit 6% by Christmas, Retailers Warn Reeves
British retailers warned food inflation will hit 6% by the end of the year as they raise prices in response to April's hike in payroll taxes and the minimum wage. A survey by the British Retail Consortium found two-thirds of firms plan to increase prices further after being squeezed by the Labour government at its first budget. Some 85% said they have already responded by putting up costs for consumers.
