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Lowe’s Promotes Finance Exec to CFO

Retail TouchPoints

Sink, currently SVP of Retail Finance at the retailer, will replace Dave Denton, who is departing to pursue another opportunity. Sink has more than 20 years of finance and accounting experience, including 12 years at Lowe’s in roles across finance, strategy and accounting.

Finance 283
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What is Accounts Receivable Financing?

Small Biz Trends

If you’re also struggling to stay afloat due to piled-up accounts receivable, you can opt for accounts receivable financing to improve cash flow in your company. What Is Accounts Receivable Financing? Accounts receivable financing should not be confused with invoice factoring. Minimum paperwork.

Finance 119
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Beating expectations: Is Hermes immune to the global downturn?

Inside Retail

Gucci, which accounts for half of the group’s annual sales and two-thirds of its profit, was down 25 per cent in the quarter. Eric du Halgouet, executive VP of finance for Hermes, said during a press call that increased average transaction values across all regions have mitigated the impact of reduced foot traffic.

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What is the Difference Between Bookkeeping and Accounting?

Small Biz Trends

Small businesses need to ask important questions, such as ‘What is the difference between bookkeeping and accounting?’ And the results from accounting and bookkeeping efforts blend together to make your business more efficient. Bookkeeping Vs. Accounting. Accounting is about generating reports.

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Saks Parent HBC to Buy Neiman Marcus Group for $2.65 Billion, Including Investment from Amazon

Retail TouchPoints

In Forbes , Kestenbaum wrote: “It could be that [Amazon] is expecting a return by selling services to the combined company and the investment locks the business in. But it could also mean that it is providing a new point of view from the very top, the board level of the combined company. To fund the acquisition, HBC has secured $1.15

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10 Accounting Services for Small Business

Small Biz Trends

However, it’s not always possible or sensible to hire an entire accounting team. Luckily, there are outsourced and online accounting services available to fill these needs for you. What is an Accounting Service? Unlike accounting software, this type of service includes a financial advisor or other professional to help you.

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What Is Purchase Order Financing?

Small Biz Trends

If it does, then purchase order financing or PO financing is just the solution to quickly get the much-needed money to fulfill those orders. In this article, you will learn what purchase order financing exactly is, how it works, and the top purchase order financing companies, let’s dive in.

Finance 111