Inside Retail

MARCH 26, 2024

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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Inside Retail

NOVEMBER 15, 2021

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?

Payment Services 264

Payment Services Planning Finance Accounting 264

Inside Retail

APRIL 8, 2021

Inside Retail: You actually come from a finance background! I can’t tell you how much I enjoy seeing the happiness on customer’s faces when they make a purchase here – whether it is a young man buying an engagement ring and planning his proposal, or the couple buying a gift for a wedding anniversary, I really feel this is a place of joy.

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Retail TouchPoints

FEBRUARY 4, 2022

Additionally, the retailer has adopted a “poison pill” shareholder rights plan to prevent hostile takeovers. it’s likely that the plan is an effort to keep the company whole despite pressure from investors such as Engine Capital, which has been pushing Kohl’s to spin off its ecommerce business into a standalone entity.

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Planning Finance ATS Store Operations 280

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

JULY 14, 2024

Hog’s Breath Cafe is looking to rebuild its restaurant footprint, and has plans to open another 20 restaurants by 2029. CEO Steven Spurgin told Franchise Executives reaching the milestone will depend on the economy and any external financing. Right now we are negotiating with financial partners for us to expand faster,” Spurgin said.

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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

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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Retail TouchPoints

MARCH 29, 2023

Jeff Gennette, Chairman and CEO of Macy’s since 2017, plans to retire in February 2024 after a total of four decades with the retailer. Mitchell will lead the stores, technology and supply chain teams in addition to his current real estate and finance responsibilities. I’m excited that Tony Spring has been appointed Macy’s Inc.’s

Planning 235

Planning Home Furnishings Finance Management 235

Inside Retail

DECEMBER 5, 2023

The changes announced jointly by the communications and finance ministers, have been trialled and will roll out over the next 12 months along with other reforms like increasing the number of parcel collection points. Australia Post will also have an extra day to deliver regular mail. from early near year.

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Inside Retail

MARCH 23, 2023

We plan on using local ingredients sourced in Australia wherever possible. Wendy’s plans to enter the Australian market on the east coast, and the company is exploring major cities like Sydney, Melbourne and Brisbane. We also plan to align resources to further support development acceleration across the US and international segments.

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Planning Finance Marketing Location 244

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

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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Finance Payment Services Location Planning 251

Retail TouchPoints

AUGUST 27, 2020

Bankruptcy Court for the Eastern District of Virginia has approved the J.Crew Group reorganization plan, paving the way for the parent company of J.Crew , J.Crew Factory and Madewell to emerge from Chapter 11 in early September. The plan provides $400 million in exit financing and $400 million in new term loans.

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Finance Planning Store Operations Customer Experience 340

Retail TouchPoints

SEPTEMBER 19, 2024

Lee will be responsible for financial planning and analysis, internal audit, accounting, investor relations, financial products and services and corporate development. Lee brings more than 25 years of experience in finance, strategy, team and culture leadership at PepsiCo, most recently as the company’s deputy CFO.

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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.

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Accounting Payment Services Finance Shipping 280

Retail Gazette

APRIL 23, 2024

John Lewis executive finance director Bérangère Michel has resigned from the Partnership after 16 years. I have loved every moment of my time in both Waitrose and John Lewis and am extremely grateful for a varied, exciting and impactful career across supply chain, shops, finance and many other teams.

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Finance Planning Shopping Department Stores 118

Retail Gazette

JUNE 24, 2024

John Lewis Partnership has appointed Andy Mounsey as its interim executive director for finance from 6 September. Currently the partnership’s group finance and strategy director, he has worked with the business for over a decade in a host of senior finance roles.

Finance 111

Finance Planning Consumer ATS 111

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

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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Finance Fulfillment Planning Management 321

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. Convenience store chain Casey’s General Stores has agreed to acquire Fikes Wholesale , owner of CEFCO Convenience Stores.

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Wholesale Finance Planning Location 258

Inside Retail

SEPTEMBER 21, 2021

It has already acquired several e-commerce businesses in Australia, where it plans to focus its efforts. On the cost side of things, by merging these companies together, you get enormous scale benefits in terms of legal, tech, HR, finance, supply chain procurement and inventory management.”. Fours levers to grow revenue.

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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.,

Planning 217

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Retail TouchPoints

OCTOBER 4, 2021

4, Amazon is offering what the retailer calls “Black Friday-worthy” deals, along with Epic Daily Deals and an Amazon Holiday Prep Shop hub to help consumers organize their holiday gift-giving and event planning. For its part, Walmart plans to hire 150,000 new U.S. Beginning Oct. 10, coinciding with the launch of Target Deal Days Oct.

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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. We have plans to enter some new markets as well. Our expansion in Europe will also continue, in countries like Spain, France, Italy and more.

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Planning Consumer Marketing Accounting 212

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

Finance 238

Finance Department Stores Planning ATS 238

Retail TouchPoints

OCTOBER 31, 2024

“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 Additionally, the retailer plans to introduce storied and vintage items into its ecosystem.

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Finance Accessories Shipping Planning 240

Retail TouchPoints

MAY 12, 2023

Smith brings extensive experience in retail finance posts, including serving as CFO at Walmart from 2010 to 2014 and at Target from 2015 to 2020. At Nordstrom, Smith will be responsible for financial planning and analysis, accounting, tax, internal audit, treasury, investor relations and strategy sourcing.

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Finance Accounting Planning ATS 311

Retail TouchPoints

DECEMBER 16, 2024

BNP Paribas, HSBC and IFC) are leveraging supply chain finance, tied to sustainable operation, to align with suppliers which, if standards are met, can unlock real benefit to the business including preferred and lower interest rates, tiered financing and access to more working capital. Our research highlights that U.S.

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Supply Chain Management Finance Accounting Management 225

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.

Wholesale 252

Wholesale Finance Promotions Planning 252

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.

Finance 264

Finance Planning Fulfillment Location 264

Inside Retail

OCTOBER 13, 2021

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. . Consult a qualified financial advisor regarding any changes to or decisions about your business’s finances.

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Payment Services Finance Customer Experience Wholesale 355

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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Finance Fashion Planning Management 265

Retail TouchPoints

NOVEMBER 23, 2020

She first joined lululemon in 2016 as SVP of Financial Planning and Analysis, and previously held leadership roles at Ross Stores and J.Crew. Meghan has a unique and comprehensive understanding of retail gained through her experience across finance and merchandise planning,” said Calvin McDonald, CEO of lululemon in a statement.

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Finance Promotions Planning ATS 253

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. Oliver has been with Chico’s since 2012 and served in multiple roles, including VP – Finance and Controller and Interim CFO and SVP – Controller.

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Finance Accounting Location Planning 213

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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Finance Management Planning Store Operations 229

Inside Retail

JUNE 3, 2021

Create a safe zone Discussing finances can be confronting for many people – especially women. Build strong foundations A business is built on good foundations, including a business plan. Yet the majority of people don’t take the same approach with their own finances. Estate planning ? Spending and investment plan ?

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Finance Planning Management ATS 230