Retail TouchPoints

OCTOBER 11, 2023

The unique retailer, which houses brands’ products for a fee and rotates its assortment every few months, closed its Showfields Miami location in July 2023 and its Manhattan store, Showfields NoHo , in September. The retailer, which debuted in 2019, has lined up financing from existing investors for a restructuring effort, according to WWD.

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Finance Location Visual Merchandising Store Operations 271

Retail TouchPoints

JUNE 12, 2023

Chico’s FAS has appointed David Oliver, SVP – Finance, Controller and Chief Accounting Officer, to the role of EVP – CFO and Chief Accounting Officer, effective June 24, 2023. Current EVP – CFO Patrick Guido has resigned to accept a position at another company where he can be located closer to his family.

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Retail TouchPoints

SEPTEMBER 4, 2024

The merger would be financed through a combination of rollover equity, cash commitments from Nordstrom family members and Liverpool along with $250 million in new bank financing, with Nordstrom’s existing indebtedness remaining standing. For its Q2 2024, which ended Aug. 3, 2024, Nordstrom generated $3.78 billion in net sales, a 3.4%

Finance 263

Finance Department Stores Location ATS 263

Retail Dive

JULY 2, 2024

The retailer was unable to secure the financing necessary to keep operating. The fate of sibling Eastern Mountain Sports remains unclear.

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Location Finance 134

Retail TouchPoints

SEPTEMBER 6, 2022

This is an excellent opportunity for retailers to give young shoppers financing options — including a store credit card, an installment loan or a buy now, pay later product. It is critical to provide consumers the right offer at the right time in the right location.

Merchant Services 306

Merchant Services Payment Services Finance Consumer 306

Retail TouchPoints

JULY 26, 2024

The all-cash transaction is valued at $1.145 billion , which Casey’s will finance through cash and bank financing. In addition to the retail stores and dealer locations, the transaction includes a fuel terminal and a commissary to support the Texas stores.

Wholesale 264

Wholesale Finance Planning Location 264

Retail TouchPoints

MAY 2, 2023

with 240 locations across the country and more than 800,000 cars sold in its last fiscal year. Now, every step of buying or selling a car at CarMax can be done online or in-person — including many processes that most other retailers never had to worry about digitizing such as buying back products and financing purchases.

Payment Services 278

Payment Services Finance Consumer Shopping 278

Small Biz Trends

SEPTEMBER 13, 2022

In this post, we’ll explore 15 different franchise financing options for small business owners. How Much Can Financing a Franchise Cost? Overall, the costs will vary based on the brand, size of the business, and location. What Personal Assets Play a Role in Franchise Financing? Let’s get started! Home Equity.

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Finance Payment Services Accounting ATS 105

Retail TouchPoints

MARCH 3, 2021

million in financing. Paper Source already has begun closing 11 of its underperforming locations but will keep the remaining 147 stores and its ecommerce site open throughout the bankruptcy proceedings. The retailer has received a stalking horse bid from its current lenders, led by MidCap Financial, that would provide $16.5

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Planning Finance Accounting Location 299

Shopping Center

JUNE 13, 2024

million in construction financing for a new phase of development at Plaza de Perris, a retail center located in Perris. Million Financing for Plaza de Perris in Southern California appeared first on Shopping Center Business. Perris, Calif. — BWE has arranged $66.5 Upon completion, the property… The post BWE Arranges $66.5

Finance 98

Finance Location Shopping ATS 98

Retail TouchPoints

DECEMBER 7, 2020

Francesca’s has filed for Chapter 11 bankruptcy protection as the ailing retailer seeks a sale of both its brick-and-mortar locations and its ecommerce holdings. The company will continue operating during the process by utilizing a $25 million debtor-in-possession loan from Tiger Finance.

Finance 200

Finance Boutique Location Planning 200

Retail TouchPoints

FEBRUARY 1, 2023

Over the years the retailer has carved a unique space in the Hispanic market thanks to its unique approach to financing, in-store services and merchandising. Store associates are provided with the knowledge and autonomy to work with shoppers and offer financing solutions regardless of their credit history. population.

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Jewelry Consumer Finance Payment Services 263

Inside Retail

MARCH 12, 2025

Despite limited new supply, the luxury retail segment is expected to remain resilient, with brands opting for stand-alone flagship stores over mall-based locations to create immersive shopping experiences. Retailers are exploring new locations to capture growing consumer bases in emerging urban centers.

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Payment Services Location Finance Consumer 130

Retail TouchPoints

MAY 2, 2023

The retailer started closing 250 locations earlier this year, pursuant to its plan to exit Chapter 11 with a much smaller footprint, and began the process of shuttering the remaining locations on May 1. Tuesday Morning operated fewer than 500 stores when it made its latest bankruptcy filing in February, which was the second since 2020.

Merchant Services 269

Merchant Services Finance Location Planning 269

Retail TouchPoints

JANUARY 25, 2021

The deal is expected to preserve at least 275 of Francesca’s remaining 551 locations. Francesca’s entered into a $110 million loan credit agreement with Tiger Finance in August 2019 to enable a turnaround without the need for bankruptcy. million in liabilities.

Finance 264

Finance Accessories Location Planning 264

Retail TouchPoints

MARCH 15, 2023

The company’s Triple Double growth plan was announced in March 2022 , when it set the goal of tripling its store count to more than 3,500 locations by the end of fiscal 2030 while at least doubling sales and growing operating margin by 14% by the end of fiscal 2025.

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Planning Finance Promotions Location 278

Retail Focus

MAY 19, 2021

Secure financing. However, you can also look for investors willing to finance your enterprise. Location and space . The location where you decide to set up shop will impact its ability to attract customers. For the majority of entrepreneurs, this usually boils down to a loan through a brokerage firm or bank.

Finance 264

Finance Planning Fulfillment Location 264

Retail Minded

MARCH 29, 2024

For retailers looking to expand their operations, securing financing is a crucial step to fuel growth. Whether opening new locations, renovating existing stores, or investing in technology and inventory, retail expansion requires significant capital investment. However, you must first understand the available options.

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Finance Merchant Services Payment Services Boutique 95

A1 Retail

FEBRUARY 5, 2025

One Voice Hospitality will use its extensive network and experience to bring together operators, landlords and corporate finance to work collaboratively to realise opportunities. Ted Schama has over 30 years experience in the hospitality sector, working on a range of high-profile locations. One Voice Hospitality aims to change that.

Finance 89

Finance Location Planning ATS 89

Retail TouchPoints

JULY 28, 2020

The company provides intelligent automation systems, data services and prescriptive analytics, enterprise mobile computing, barcode scanning, specialty printing, RFID and indoor locationing for companies in retail and e-Commerce, transportation and logistics, manufacturing, healthcare and the public sector.

Finance 269

Finance Location Management Marketing 269

Retail TouchPoints

SEPTEMBER 15, 2022

Tools within the platform also will help associates view all their student loan debt in one place and to locate the best individual action to take based on their personal repayment scenario and goals. Student loan debt remains a tremendous financial burden for the nearly 48 million U.S. in a statement. “As

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Finance Accounting Management Location 289

Retail TouchPoints

SEPTEMBER 7, 2022

Kohl’s operates 1,100 locations and it is unknown how many would be sold to Oak Street as part of the deal. The firm was on board to help Franchise Group finance the deal, but negotiations ultimately fell through. Private equity firm Oak Street Capital has reportedly made an offer to acquire between $1.5

Finance 278

Finance Location Planning Store Operations 278

Retail TouchPoints

JULY 9, 2020

Sur La Table has secured the necessary debtor-in-possession financing to complete the process. The company has reopened 121 locations as of July 4, and these stores will maintain operations during the bankruptcy process. The retailer also plans to close half of its approximately 120 stores, a company spokesperson told CNN.

Finance 254

Finance Planning Location Store Operations 254

Retail TouchPoints

APRIL 28, 2022

DTC hair dye brand Madison Reed has snagged $33 million in new financing, bringing its total funding to nearly $220 million.

Wholesale 264

Wholesale Finance Planning Location 264

Inside Retail

OCTOBER 15, 2023

US-based retailer Showfields, the self-described “most interesting store in the world”, filed for bankruptcy this month and will be restructuring through a form of Chapter 11 bankruptcy created during Covid to help small businesses continue operations, reorganise, and maintain control of finances without creditors taking over.

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Department Stores Finance Grocer Consumer 278

Retail TouchPoints

DECEMBER 8, 2020

The apparel and accessories retailer is seeking to sell both its brick-and-mortar locations and its ecommerce holdings. The company will continue operating during the process by utilizing a $25 million debtor-in-possession loan from Tiger Finance. As of the filing, Francesca’s still operated 558 locations.

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Boutique Finance Accessories Apparel 200

Retail TouchPoints

JULY 6, 2020

However, Lucky Brand will immediately shutter 13 of its 210 locations, with additional closings possible. Lucky Brand has received new financing commitments from certain of its existing lenders that will provide sufficient liquidity to fund the business through the closing of the sale,” the company said. Lucky Brand has obtained $15.6

Finance 234

Finance Wholesale Apparel Planning 234

Shopping Center

JANUARY 26, 2024

million loan for the refinancing of Delray Corner, an 86,043-square-foot shopping center located in Delray Beach. Million Financing for Delray Corner Shopping Center in South Florida appeared first on Shopping Center Business. . — Berta Management has secured an $18.5

Finance 98

Finance Management Shopping Location 98

Retail TouchPoints

MARCH 26, 2024

During this period, Canada Goose opened two permanent stores — in the American Dream mall and in Kobe, Japan — and converted a temporary NYC store to permanent status, bringing its total brick-and-mortar count to 65 locations.

Finance 264

Finance Location Management Store Operations 264

Inside Retail

JULY 31, 2022

The Vermont site has been partially financed by a major funding injection from the Australian Renewable Energy Agency (ARENA). Visitors can locate the charging stations via the Evie Charging app, where they can also make payments and view their complete charge history. “By

Finance 264

Finance Location Customer Experience Planning 264

Retail TouchPoints

SEPTEMBER 9, 2024

million in financing, including $35 million in new financing from its current lenders, toward that purpose. The company said that it expects that this new financing, combined with cash generated from ongoing operations, will be enough to keep the retailer open throughout the sale process.

Finance 259

Finance Operating Expenses Management Returns 259

Retail TouchPoints

NOVEMBER 3, 2021

Sodipo most recently led Product Finance and Strategy at Stripe and will bring her expertise in payments to Glossier’s Accounting and Finance teams. Seun Sodipo will take the CFO job in February 2022. She also will draw upon prior experience at roles in private equity firms to help the retailer continue scaling its business.

Finance 264

Finance Payment Services Accounting Returns 264

Inside Retail

FEBRUARY 26, 2024

The retail network grew to 1718 stores at the end of the half, with the addition of 12 net new BWS stores, four new Dan Murphy’s locations and one ‘The Cellar by Dan Murphy’s’ concept store. per cent to $351 million, impacted by higher finance costs and in line with previous guidance. However, net profit after tax slid 3.6

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Retail TouchPoints

MARCH 15, 2021

The location will serve as the new headquarters of Lord & Taylor and New York & Company , which Saadia also acquired in October 2020. In the meantime, Saadia Group has subleased 41,000 square feet of office space at 275 Madison Avenue in New York City.

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Returns Department Stores Apparel Finance 279

Retail TouchPoints

AUGUST 14, 2020

While the company is leaving its locations in Chicago, Los Angeles, San Francisco and Washington, D.C., Founded as an e-Commerce business in 2009, Rent the Runway did not open its first retail location until 2014. the former New York City flagship will become a drop-off site for returning items.

Apparel 247

Apparel Returns Finance Accessories 247

Retail TouchPoints

AUGUST 15, 2024

“As our company grew, we knew we needed more automation when it came to our data and finances,” said David Reid, CFO of Boll & Branch, in a statement. Boll & Branch also can now better understand demand by location so it can improve product availability and create more targeted marketing campaigns.

Management 263

Management Target Market Finance Fulfillment 263

Inside Retail

MARCH 12, 2025

As of March 13, the brand will be expanding its brick-and-mortar presence via 500 Whole Foods locations across the country. KD: One of the biggest challenges has been financing such a fast-growing business. IR : What have been the biggest challenges of running the business thus far?

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Beauty and Health Finance Consumer Shopping 130