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Seven & I vs Couche-Tard: A high-stakes takeover and regulatory battle

Inside Retail

The founding Ito family of Seven & I Holdings failed to secure financing for a US$58 billion management buyout in February, sending its shares plunging 11.7 Seven & I Holdings, formed in 2005 through the merger of Ito-Yokado, Seven-Eleven Japan, and Dennys Japan, boasts more than 80,000 7-Eleven locations in 20 countries and regions.

Finance 263
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Regulation is Coming to POS Finance: Why Responsible Lending Will Benefit Retailers

Retail TouchPoints

As economic pressures and living costs surge, more people than ever are considering using point-of-service (POS) finance — such as buy now, pay later and installment loans — to manage their cashflow. It’s clear that there is a consumer-driven need for more flexible finance and smarter buying power. .

Finance 260
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Amazon Appoints Insider as CEO of Worldwide Stores

Retail TouchPoints

Herrington joined Amazon as VP of Consumables in 2005, launched Amazon Fresh in 2007 and was promoted to SVP of Consumables in 2014. Felton has worked for nearly 18 years in Amazon’s retail and operations finance leadership. Since 2015, Herrington has served as Amazon’s SVP of the North America Consumer.

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Zambrero founder sues former CEO

Inside Retail

A former medical student turned entrepreneur, Prince founded Zambrero in 2005 and brought Cook on board four years later. Current CEO and former banker and finance lawyer Matthew Kenny took on the role in 2020. Dr Sam Prince, the founder of restaurant chain Zambrero, is suing former CEO Stuart Cook for misleading or deceptive conduct.

Finance 263
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Zambrero founder sues former CEO

Inside Retail

A former medical student turned entrepreneur, Prince founded Zambrero in 2005 and brought Cook on board four years later. Current CEO and former banker and finance lawyer Matthew Kenny took on the role in 2020. Dr Sam Prince, the founder of restaurant chain Zambrero, is suing former CEO Stuart Cook for misleading or deceptive conduct.

Finance 259
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The White Company snaps up Charles Tyrwhitt exec as new CFO

Retail Gazette

Miller joined The White Company in 2015, after sitting in various finance positions across John Lewis, Debenhams and House of Fraser. Incoming CFOMartin joins from Charles Tyrwhitt, where he has spent the last eight years as its finance boss. Alan Martin from our fellow Bectin Group business Charles Tyrwhitt will be joining us as CFO.”

Finance 58
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Grosvenor appoints new Liverpool ONE lead

Retail Focus

Chris joined Grosvenor in 2005 and has held various finance positions in Grosvenor Property UK and the broader Grosvenor business. Today he is responsible for finance in the UK property business’ Development and Investment teams, including Liverpool ONE.

Finance 182