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Barnes & Noble Plans to Open 60 New Stores in 2025

Retail TouchPoints

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.

Planning 332
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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. His appointment reflects our succession planning process and the talent across our company. Lowe’s has promoted Brandon Sink to EVP and CFO, effective April 30, 2022.

Finance 238
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The benefits of financing your business growth

Inside Retail

And when a business can demonstrate its potential future strength, it can access outside finance which may provide more capital than the business might have otherwise had to invest in growth. In this article, we outline the benefits of financing your business growth through non-bank lending channels. Common drivers to access finance.

Finance 246
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‘Cash or Card?’: Why More Financing Choices Drive Consumers’ Decisions on Which Retailers to Shop

Retail TouchPoints

The Shopper’s Search for Buying Power Offering multiple financing options expands buying power and gives customers more motivation to buy. The study also suggests that as the spend amount goes up, it becomes even more important to the consumer that their preferred financing method is available.

Finance 254
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BWX shares suspended from trading as lifeline financing sought

Inside Retail

In an announcement, the company said “voluntary suspension” is necessary to assist the company in managing its continuous disclosure obligations as it “procures additional debt or equity funding” or replaces its existing debt funding. The post BWX shares suspended from trading as lifeline financing sought appeared first on Inside Retail.

Finance 246
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Coles has plan to enhance customer experience through AI

Inside Retail

In addition, the initiative provides intelligence for planning and rostering. “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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Why it’s a good idea to offer payment plans to your business customers

Inside Retail

This article outlines why tapping into automated accounts receivable solutions along with offering more convenient payment plans to your business customers is a good idea and smart business practice. Why should your business provide payment plans to business customers? Happy customers are loyal customers.