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Vince Holding Corp. Changes Hands, Former CEO Brendan Hoffman to Return to the Helm

Retail TouchPoints

The brand also is sold in premium wholesale channels around the world and has a subscription service, Vince Unfold , that is operated by CaaStle. million and a 25% interest in a newly formed Authentic subsidiary, ABG Vince, in a bid to strengthen its finances. Authentic now holds a long-term license for Vince-branded products.

Returns 281
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The benefits of financing your business growth

Inside Retail

Of course, a business shouldn’t use capital irresponsibly and spend without consideration, but establishing and growing a business does require money for inventory, marketing and advertising, staff costs, setting up internal systems and investing in growth. Common drivers to access finance. Forecast cash flows more accurately.

Finance 246
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What does wholesale look like in 2023?

Inside Retail

The traditional wholesale model is broken – and Covid is not to blame. Consider how a traditional wholesale deal works. Even for fast-growing retailers – in a world with finance options – it’s difficult to commit to a deal. Even for fast-growing retailers – in a world with finance options – it’s difficult to commit to a deal.

Wholesale 246
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The Real Price of a Data Breach in Retail

Retail TouchPoints

From ecommerce, logistics and digital marketing, these sectors are heavily reliant on data for their day-to-day operations. As a result, the retail and consumer industries have become an attractive target for cybercriminals, with research revealing that in 2023, retail and wholesale accounted for 11% of cybersecurity incidents.

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Casey’s Expands Reach in Texas with Acquisition of 198 CEFCO C-Stores

Retail TouchPoints

Convenience store chain Casey’s General Stores has agreed to acquire Fikes Wholesale , owner of CEFCO Convenience Stores. The all-cash transaction is valued at $1.145 billion , which Casey’s will finance through cash and bank financing.

Wholesale 264
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Morphe Parent Company Files for Bankruptcy in Preparation for Sale

Retail TouchPoints

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. will remain operational.

Wholesale 289
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Meet Our 40 Under 40 Winners of 2024

Retail TouchPoints

In many cases, winners helped bring new solutions, market categories and concepts to market, elevating the standards for success in the retail industry. Manager, Tinuiti Kris Bybee, Vice President of Finance, Tractor Supply Company Amanda Moschel, Senior Manager of Store Design, ULTA Beauty Carley Stypula, Sr.

Wholesale 312