Inside Retail

MAY 9, 2023

Children’s goods retailer Toys ‘R’ Us says its strategic turnaround plan announced in March is on track and it has already achieved cost savings of $4 million this year. To date, the company has improved its gross margin in the Australian direct-to-consumer e-commerce division from 16.4 per cent in February to 22.3 per cent in April.

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Retail TouchPoints

MAY 13, 2021

Saks.com has secured a new round of financing to back its growth strategy as it aims to take advantage of the continuing ecommerce boom and economic recovery. “Given our strong market position and the improving economic environment, Saks is poised to lead in luxury ecommerce,” said Vince Phelan, CFO of Saks in a statement.

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Retail TouchPoints

MAY 18, 2023

SHEIN has officially launched its Europe, Middle East and Africa (EMEA) headquarters in Dublin City Centre, Ireland and is planning to host approximately 30 pop-up store events across the region this year to boost its profile with customers. The news comes as fellow Asia-based discount shopping app Temu picks up steam in the U.S.,

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Inside Retail

MARCH 23, 2023

Sarah Stowe, editor of Inside Retail’s sister site Franchise Executives, talked with Abigail Pringle, Wendy’s’ president, international and chief development officer… Inside Retail: Why do you believe the Australian market needs a Wendy’s burger given our small population and highly competitive marketplace?

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Retail TouchPoints

FEBRUARY 16, 2023

British online fashion and beauty retailer ASOS has appointed its second interim CFO in four months as current interim CFO Katy Mecklenburgh plans to leave in May 2023 for another role. A central piece of the plan is a reorganized executive team that will simplify decision-making within the company.

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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. The acquisition will increase Casey’s footprint to nearly 2,900 stores, including 148 additional stores in Texas, a highly strategic market for Casey’s, as well as 50 stores in Alabama, Florida and Mississippi.

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Retail TouchPoints

MARCH 28, 2022

Liu oversees the MINISO business, including product marketing, PR, user operations and global ecommerce, so he shared some exclusive insights into the company’s expansion plans and priorities. MINISO controls the entire value chain, from product design to marketing and sales. We have plans to enter some new markets as well.

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Inside Retail

SEPTEMBER 21, 2021

Aggregators are now looking to scoop up the most successful sellers and grow their sales several times over by pumping money into marketing and SEO, launching new products and entering new markets, while simultaneously realising cost savings from shared resources in the backend. Fours levers to grow revenue. Juju is a case in point.

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Retail TouchPoints

NOVEMBER 21, 2024

has raised concerns about its proposed partnership with The Container Store , saying it is concerned about the latter’s ability to secure the necessary financing and that it may terminate the deal if satisfactory financing is not secured by Jan. Bed Bath & Beyond parent company Beyond, Inc.

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Retail Focus

MARCH 27, 2023

Non-physical marketing also limits some of the other key interactions D2C brands can have with their consumers, such as creating more impact around a ‘big news moment’, or having a physical platform to engage with your community plus the obvious brand building a physical store environment provides. 3 Optimal duration.

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Retail TouchPoints

MAY 24, 2022

Livestreaming platform Firework has secured $150 million in Series B financing led by SoftBank Vision Fund 2 , bringing its total funding to-date to more than $235 million. market will more than triple by 2024 to reach $35 billion. ” . ”

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Retail Focus

MAY 19, 2021

For this reason, you need to carefully plan and prepare for the undertaking instead of just jumping in headfirst. Begin with a plan. No business venture, regardless of how remarkable or unique the concept is, can ever succeed without the existence of a plan. Secure financing.

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Retail TouchPoints

JANUARY 12, 2022

Home discount retailer Big Lots is returning to expansion mode after more than a decade of flat store growth, with plans to open as many as 500 new stores in the next six to seven years. The off-price chain plans to open approximately 50 net new stores this year, and ramp up the pace of expansion to about 80 stores per year thereafter.

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Inside Retail

JUNE 11, 2024

With their deep expertise and complementary skill sets, I am confident that Infamous will be well-positioned to consolidate its market advantage.” Investment plans include extending its size range to 24/26 and launching a new activewear drop with a similar aesthetic to its existing matching tracksuits and sprays jackets.

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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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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. Our research highlights that U.S.

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Retail TouchPoints

AUGUST 25, 2022

Citing sources familiar with the matter, WSJ reported that the retailer has selected a lender following a marketing process conducted by JPMorgan Chase & Co. The retailer’s problems also have been exacerbated by former CEO Tritton’s plan, revealed in March 2021, to emphasize private label brands. stake in the company.

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Inside Retail

JUNE 29, 2022

Walgreens Boots Alliance on Tuesday scrapped the plan to sell its UK high street pharmacy chain, Boots, saying no third party was able to make an adequate offer due to the turmoil in global financial markets. The post Walgreens shelves pharmacy Boots’ sale as market turmoil hits dealmaking appeared first on Inside Retail.

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Retail TouchPoints

JULY 1, 2022

When exclusive acquisition negotiations began in early June , FRG proposed $60 per share for Kohl’s, a valuation of $8 billion , eventually revising the proposal to $53 per share (but without definitive financing arrangements).

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Retail TouchPoints

DECEMBER 23, 2024

Erik and Pete Nordstrom, the CEO and President, respectively, of Nordstrom, first floated plans to take the retailer private in March 2024. The transaction will be financed with a combination of rollover equity by the Nordstrom Family and Liverpool, cash commitments by Liverpool, up to $450 million in borrowings under a new $1.2

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Retail TouchPoints

MAY 10, 2021

Chang will set and drive PacSun’s brand strategy, including design, merchandising, marketing, retail and ecommerce. Relich will oversee operations, including sourcing/supply chain, distribution, planning and allocation, IT, finance, legal and human resources. Both will serve on the company’s Board of Directors.

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Retail TouchPoints

FEBRUARY 10, 2021

The new funding will be used for customer acquisition and an expansion into retail, and additional expansions into athletic wear and the European market may also be in the works. Pop star Rihanna’s size-inclusive lingerie brand Savage X Fenty has secured $115 million in Series B funding, bringing the brand’s valuation to more than $1 billion.

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Retail TouchPoints

NOVEMBER 16, 2022

Meta also will highlight businesses from its Meta Business Leaders Network in the new 2022 Smalliday Showcase gift guide, and provide small businesses with advice on advertising effectively with its SMB Holiday Marketing Guide. Square plans to announce additional details about the card in 2023. Multiple Meta Resources.

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Retail TouchPoints

SEPTEMBER 11, 2024

. — owner of Bed Bath & Beyond , Overstock and Zulily — is launching a global licensing program to bring its brands to other retailers and new markets, beginning with the Bed Bath & Beyond brand. Negotiations are in progress for stores in other key global markets. Beyond Inc. in a statement. in a statement. “We

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Retail Minded

MARCH 29, 2024

For retailers looking to expand their operations, securing financing is a crucial step to fuel growth. Financing this growth remains a significant challenge for many retailers, from small boutiques to large chains. Financing this growth remains a significant challenge for many retailers, from small boutiques to large chains.

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Retail TouchPoints

AUGUST 3, 2023

The service is launching first in Arizona, with the company planning to expand to other markets across the U.S. Carvana’s new same-day vehicle delivery option is just one example of how we’re constantly evolving to deliver an even better auto retail experience,” said Matt Dundas, Senior Director of Finance at Carvana in a statement.

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Retail TouchPoints

DECEMBER 5, 2023

Retailers naturally plan a lot of spend around this, with extra staff and extra marketing. This means that marketing spend aimed at these high-spending visitors over Christmas is likely to get less return than usual. Consider collaborating with an influential Chinese influencer to really amplify your visibility to this market.

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Inside Retail

MARCH 21, 2023

The label sought additional financing to keep its operations afloat, however early this year, it brought in advisory consultants Teneo to help find a buyer. The brand is also carried by 7000 retailers globally and operates 252 stores outside its home market. million (A$552.21 million) in revenue.

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Retail TouchPoints

JULY 1, 2022

The ultimate plan is to sell to the highest bidder. million bridge loan and a financing commitment of $55 million from tech services company A s urion. Johnson had hoped to expand into new categories and markets, but the tides quickly turned after the company went public via SPAC in October 2021. as of July 1, 2022.

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Inside Retail

FEBRUARY 14, 2024

The price represents a bargain at about 1 per cent of its value at the time the struggling marketplace listed on the stock market a little over three years ago. ContextLogic said it plans to use the proceeds from the transaction to help monetise its $2.7 It is not subject to any financing contingency.

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Inside Retail

SEPTEMBER 5, 2023

To advance the company’s restructuring goals and maximize the value of its assets, Amyris is planning to exit its consumer brands and will begin marketing them for sale, with a view to having these brands continue to leverage Amyris’ cutting-edge science and technology while under new ownership,” the company said in a statement.

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Retail TouchPoints

AUGUST 25, 2022

Product attributes platform Lily AI has closed a $25 million Series B financing round with participation from Canaan Partners, Conductive Ventures, Sorenson Ventures and NEA, among others. The platform will use the new funding to further expand into mid-market retail ecommerce brands across home, beauty and fashion.

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Retail TouchPoints

DECEMBER 11, 2024

which included a planned $40 million investment in The Container Store. However, that deal fell through just a month later when Beyond raised concerns about the companys ability to meet the financing requirements of the agreement. The Container Store has the right to appeal the decision with the Securities and Exchange Commission.

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Retail TouchPoints

MAY 17, 2024

All stores and online operations will continue as normal throughout the proceedings, during which the company said it will undergo a “transformation program” to reorganize its finances and business in Europe.

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Retail Focus

MAY 3, 2022

They can help you with your financial planning, and you can discuss your options with a financial expert who understands the business climate around Kent, and how best to invest for your future. . But first, you should know the steps to plan and open a retail shop. Create a retail business plan. Marketing strategy.

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Retail TouchPoints

FEBRUARY 1, 2022

The Home Depot is planning to hire more than 100,000 associates ahead of the busy spring season as shoppers continue to show interest in home improvement projects. Adidas plans to hire 2,800 new workers across retail, IT and other jobs as retailers seek to overcome labor shortages.

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Retail TouchPoints

APRIL 10, 2024

Arkhouse has withdrawn its other director nominations as part of the deal, and Clark and Markee will join the board’s finance committee, which will evaluate the acquisition proposal from Arkhouse and Brigade Capital Management that began in December 2023 with a $5.8 Markee, as independent members of its board of directors. billion buyout bid.

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