Inside Retail

APRIL 8, 2021

Here, managing director Irene Deutsch shares an insight into her own career journey, lessons learned from the past year and the ways the brand is staying relevant with the modern consumer. Inside Retail: You actually come from a finance background!

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Retail TouchPoints

JANUARY 9, 2025

The retailer, owned by Elliott Investment Management along with the UK bookseller Waterstones , opened 57 stores in the U.S. Waterstones Managing Director James Daunt, who also leads Barnes & Noble, told FT that last year represented a really significant expansion, and that the company plans to do that or more in 2025.

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Inside Retail

FEBRUARY 13, 2023

Partner at accounting firm Pitcher Partners Mark Harrison believes rising interest rates can also make it harder for retailers to obtain finance, as businesses are assessed as having a lower capacity to borrow funds. The post From stock levels to financing: How interest rate hikes impact retail appeared first on Inside Retail.

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Retail TouchPoints

OCTOBER 19, 2022

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. .

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Inside Retail

SEPTEMBER 16, 2021

Managing money is a skill that transcends the boundaries of work and personal – what works well in one area applies equally well to the other. Hence why employers are increasingly looking to teach their staff – particularly younger ones – how to better manage money. How did you finance your business in its early days?

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Retail TouchPoints

JULY 10, 2024

There’s an inventory sweet spot you’re always looking to achieve — not overstocking, not understocking, and still managing to keep up with changing buyer demands. Learning to master your inventory management processes can net significant bottom-line results in your ecommerce business. 4: Identifying inventory: Mislabeling items.

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Retail TouchPoints

JULY 9, 2021

In many cases, achieving retail energy savings today and for decades to come comes from upgrading an older space , either under the store’s own management or through an energy efficiency company. How is this managed? Automated controls and monitoring vastly improve energy efficiency and operational management.

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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. “With NetSuite, we have been able to improve productivity and create a real-time view of performance across the business. .

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Retail TouchPoints

MAY 22, 2024

However, this expansion brings to light a critical issue for CFOs and finance teams: the intricate and often underestimated task of recognizing and booking revenue in the ecommerce domain. We have witnessed these challenges firsthand at Crew Finance. Simply put, it must capture and report on an accrual basis versus cash basis.

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Retail TouchPoints

NOVEMBER 1, 2022

Amazon is offering its merchants a new financing option that gives marketplace sellers access to funds in the form of a cash advance on future sales. Perhaps most importantly, payments are only required during periods when a seller has made sales. Merchant Cash Advance is now available to some U.S.-based

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Inside Retail

APRIL 10, 2024

But while labour and marketing budgets are typically the first to be put on the chopping block, retailers may be overlooking opportunities to reduce costs in the back end by automating everyday finance functions, such as accounts payable and accounts receivable. “I

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Retail Dive

NOVEMBER 8, 2024

Parents are using pay later plans to justify large purchases and better manage their finances, according to a new survey.

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Finance Planning Management 118

Retail TouchPoints

DECEMBER 16, 2024

To meet Net Zero goals and comply with evolving regulations, companies must integrate sustainability across the value chain from raw materials to design, sales and marketing and supply chain management. This naturally engages more of the business model, from finance to IT to supply chain.

Supply Chain Management 225

Supply Chain Management Finance Accounting Management 225

Retail TouchPoints

APRIL 10, 2024

As part of an agreement with activist investor Arkhouse Management , Macy’s Inc. Ric Clark and Rick Markee bring tremendous dealmaking experience to Macy’s board and will be instrumental in maximizing value for shareholders,” said Gavriel Kahane and Jonathon Blackwell, Managing Partners at Arkhouse in a statement. “As

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Inside Retail

OCTOBER 13, 2021

Flexible payments will improve your cash flow management. And with the functionality to record transactions ledger-to-ledger and integrate with your existing accounting and ERP systems, your business’s finances will be automatically updated every time a sale, refund or exchange is made. . Create a positive customer experience.

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Retail TouchPoints

MAY 3, 2021

Roe will have responsibility for all finance functions and lead the retailer’s Strategy and Consumer Insights teams. for 25 years in positions including VP, Controller and Chief Accounting Officer; VP of Finance for the Jeanswear and Imagewear Coalitions; and CFO of the International Business. Tapestry has named Scott A.

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Finance Apparel Accounting Promotions 254

Retail TouchPoints

OCTOBER 19, 2022

“As a result of Anne’s guidance through the pandemic, Nordstrom has the financial strength and flexibility to successfully manage through a changing environment,” said Erik Nordstrom, CEO of Nordstrom in a statement. Maher has more than 25 years of finance and accounting experience and joined Nordstrom in 2009 as controller.

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Retail TouchPoints

APRIL 18, 2023

He will be tasked with implementing new technologies including a modern ERP platform, a headless ecommerce solution, new finance and operations planning tools and a new product lifecycle management platform.

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Inside Retail

NOVEMBER 15, 2021

Finance teams spend around 65 per cent of their time on manual processes. Plus, when you factor in that an estimated 40 per cent of all finance functions can be fully automated, this means your business can enjoy major time savings that come from smarter debtor management. . Happy customers are loyal customers.

Payment Services 264

Payment Services Planning Finance Accounting 264

Retail TouchPoints

JULY 11, 2024

New Ebay Cash Advance Offers Sellers Fast Access to up to $1 Million Ebay has launched a new Business Cash Advance offering, a revenue-based financing product that will give eligible U.S. The new financing option, part of Ebay Seller Capital , is being offered in partnership with embedding finance platform Liberis. “As

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Retail TouchPoints

JANUARY 13, 2023

The sale is part of an agreement that FORMA’s parent company, FB Debt Financing Guarantor, reached with an entity controlled by the agent under FORMA Brands’ existing secured debt. These lenders include Jefferies Finance and funds managed by Cerberus Capital Management and FB Intermediate Holdings.

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Inside Retail

NOVEMBER 4, 2021

Offering people the ability to spread out their payments for goods and services across regular intervals enables consumers to better manage their own cash flow. With the potential to transform how companies manage their cash flow, BNPL for businesses is here to stay. . Shift the financial risk with third-party business finance.

Payment Services 246

Payment Services Consumer Finance Wholesale 246

Retail TouchPoints

DECEMBER 20, 2023

Indeed, until recently most BNPL offerings were relegated to the digital realm, but stores are widely seen as the next big area of expansion for this increasingly popular financing option. Customers also can access Affirm BNPL financing at Walmart Vision and Auto Centers. year over year.

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Retail TouchPoints

SEPTEMBER 6, 2022

The deal, which will take ChannelAdvisor private, is not subject to financing conditions and has been approved by both companies’ boards. Brands will be able to manage both public and private marketplaces alongside their retailer connections via a single vendor, unifying first-party, dropship and third-party integrations.

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Finance Management Marketing Fulfillment 229

Retail TouchPoints

JANUARY 7, 2025

Effectively managing returns fraud is crucial for controlling an organization’s costs. According to a Gartner survey, 39% of retailers identified cost management the mitigation and control of volatile or uncontrollable supply chain costs as one of the top three internal obstacles to achieving their supply chain goals and objectives.

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Retail TouchPoints

SEPTEMBER 18, 2023

Here’s a look at how Amazon is moving even further away from the domain of retailer with the debut of new services in supply chain management, shipping, banking, market research, product development, inventory management and more. Now qualified sellers can borrow more, up to $5 million.

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Retail TouchPoints

DECEMBER 11, 2024

cities can now browse, order, finance and schedule pickup of new Hyundai vehicles from local participating dealers directly via Amazon. The streamlined, end-to-end online experience includes vehicle search, trade-in valuation, transparent haggle-free pricing, financing options and online checkout. Customers in 48 U.S. in a statement.

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Inside Retail

MARCH 26, 2024

“The whole intention behind the operations team’s digital insights journey is to be able to give store teams the right information at the right time to make their jobs easier,” said Coles GM of finance, operations, and sustainability Rich Walker.

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Customer Experience Planning Supermarket Point of Sale 255

Inside Retail

MAY 4, 2021

“We’re continuing to realise this will be the new normal,” says David Hatt, Regional Sales Manager for decision-making platform vendor Board International. The business used to forecast on a much higher level as manual tools couldn’t deliver the granularity needed, but with Board this is changing completely.”.

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Inside Retail

OCTOBER 5, 2022

Retail giant Havey Norman, and credit provider Latitude, are being sued by the Australian Securities and Investments Commission (ASIC) for allegedly misleading consumers on interest-free finance deals. . The date for the first case management hearing has yet to be scheduled by the court. .

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Payment Services Finance Advertising Promotions 246

Retail TouchPoints

FEBRUARY 21, 2024

Real estate investment firm Arkhouse Management has put forward a slate of nine nominees in an attempt to take control of the Macy’s, Inc. Arkhouse first put forward its takeover offer in conjunction with asset manager Brigade Capital in December 2023, offering to buy the company for $5.8 Target , Victoria’s Secret and Vitamin Shoppe.

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Retail TouchPoints

OCTOBER 31, 2024

David’s Bridal has introduced Adored by David’s , a resale program that will be managed by Arrive Recommerce. We’re excited to unveil Adored by David’s, offering stunning, affordable dresses to help her embrace sustainability without compromise,” said Kelly Cook, President for Brand, Technology and Finance at David’s Bridal in a statement. “By

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Inside Retail

JUNE 11, 2024

” The company said the relaunch will focus on efficient management of finances and operations to withstand external pressure and to avoid the previous mistake of dealing with high interest rates from short-term loans intended to keep the business afloat.

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Inside Retail

DECEMBER 11, 2022

Cheadle is a chartered accountant, corporate strategist and risk management expert with more than 30 years of experience working across Asia, Europe, the Middle East, and Australia. George said Cheadle has “a long executive career helping companies reach their full potential”.

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Inside Retail

JUNE 3, 2021

Create a safe zone Discussing finances can be confronting for many people – especially women. For example, one company gifted copies of my book to employees, empowering them to learn more about money management for themselves. Yet the majority of people don’t take the same approach with their own finances. Superannuation ?

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Retail TouchPoints

SEPTEMBER 15, 2022

19, 2022 to contribute to associates’ financial stability and help them manage their higher education debt, but reportedly they won’t be initially extended to unionized workers, according to Reuters. Starbucks also will launch a Student Loan Management Benefit through Tuition.io The new benefits will launch on Sept. in a statement. “As

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Retail TouchPoints

OCTOBER 27, 2022

Computer vision company Trigo has raised $100 million in a new equity financing round. enter new geographies and develop its store and inventory management software application suite, StoreOS. The solution provider will use the funding to scale deployment of autonomous urban supermarkets across Europe and the U.S.,

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