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. .

Finance 259

Finance Merchant Services Payment Services Consumer 259

Retail TouchPoints

AUGUST 26, 2022

Dollar General has promoted John Garratt to President and CFO, effective September 1, 2022. He will add responsibilities for the company’s strategic healthcare initiatives and its international expansion to Mexico to his existing finance, accounting, strategy and procurement functions. and net sales up 9% to $9.4

Promotions 262

Promotions Finance Accounting Management 262

Retail TouchPoints

MAY 18, 2021

Bed Bath & Beyond has named John Barresi as SVP of Finance and Chief Accounting Officer, as the retailer continues to bolster its leadership team as part of its three-year transformation strategy. Barresi will join Bed Bath & Beyond on June 7, 2021, reporting directly to EVP and CFO Gustavo Arnal.

Finance 230

Finance Accounting Planning Promotions 230

Retail TouchPoints

APRIL 7, 2022

Prior to serving as the company’s acting CEO Schaefer was Zappos’ VP of Finance. Long-time Zappos.com executive Scott Schaefer, who has been serving as the retailer’s acting CEO since December 2021, now has the job on a permanent basis. His career with Zappos began 14 years ago as the company’s treasury analyst.

Promotions 272

Promotions Finance Planning Management 272

Retail TouchPoints

JUNE 7, 2021

In order to promote their commitment to ethical sourcing, fashion brands must prioritize traceability. Technology that enables supply chain traceability offers a great starting point for fashion businesses to promote ethical sourcing. Developments such as those in the U.S. Mark Burstein is EVP, Industry Principal at Logility.

Fashion 269

Fashion Promotions Finance Apparel 269

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

Advertising 275

Advertising Payment Services Finance Promotions 275

Retail TouchPoints

MAY 16, 2024

Bespoke statement designs and calls to action also promote faster payments. In these cases, retailers may need to infuse more empathetic messaging to those with higher balances and offer targeted and tailored payment plans or even patient financing.

Payment Services 260

Payment Services Promotions Consumer Finance 260

Inside Retail

JANUARY 14, 2025

Kevin Grant, a senior member of the finance team since 2021, has been promoted to CFO to replace Long. For the fourth quarter, the company posted a 6.8 per cent increase in net sales, driven by a 21.6 per cent growth in US sales. Full-year net sales were up 5.2 per cent, with US sales jumping 16.9 per cent.

Finance 130

Finance Promotions Management Accessories 130

Retail TouchPoints

OCTOBER 4, 2021

Many consumers already have caught on that they don’t need to wait until Black Friday, Cyber Monday or Super Saturday for attractive promotional offers. Finance indicated that just over half ( 51% ) of consumers planned to begin their holiday shopping before Halloween, with 27% saying they would start in late September.

Shopping 324

Shopping Finance Promotions Consumer 324

Retail TouchPoints

DECEMBER 17, 2024

Yahoo Mail just rolled out a number of updates in its mobile app aimed at making it easier for users to track their purchases as well as stay on top of promotions and offers from their favorite brands, all from their email. BTW, Gmail also will help you track your packages.)

Shopping 287

Shopping Merchant Services Consumer Advertising 287

Retail TouchPoints

MAY 3, 2021

Roe will have responsibility for all finance functions and lead the retailer’s Strategy and Consumer Insights teams. Additionally, VP of Investor Relations Christina Colone has been promoted to Global Head of Investor Relations. Roe CFO, effective June 1, 2021. Roe is currently CFO of VF Corp. , a position he has held since April 2015.

Finance 263

Finance Apparel Accounting Promotions 263

Retail Focus

AUGUST 2, 2024

Deciding how to finance your next car purchase can be a challenging decision. The two main options are taking out a personal loan from your bank or accepting finance from the car dealership. Personal loans from banks typically have lower interest rates than finance from dealerships. There are pros and cons to each approach.

Finance 130

Finance Promotions ATS 130

Retail TouchPoints

NOVEMBER 24, 2020

DICK’S Sporting Goods has promoted President Lauren Hobart to the roles of President and CEO, as of Feb. Hobart brings more than 25 years of finance, consumer and retail experience to the role. Current Chairman and CEO Edward Stack will assume the role of Executive Chairman and continue as Chief Merchant.

Promotions 164

Promotions Sporting Goods Fulfillment Finance 164

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 287

Wholesale Finance Promotions Planning 287

Retail TouchPoints

OCTOBER 19, 2023

David’s Bridal is dramatically reshaping its executive suite via internal promotions, including three C-level appointments. The promoted executives include: Bob Walker, who joined David’s Bridal in 2019 as Chief Retail Officer, has been promoted to COO. in July 2023.

Inventory Management 262

Inventory Management Promotions Finance Store Operations 262

Retail Gazette

APRIL 18, 2024

Waterstones has named former Farfetch finance executive Karen Ashworth as its new chief financial officer. Ashworth joined Farftech back in 2017 as its finance director before being promoted to vice president of financial control in 2022. Ashworth joined the bookseller earlier this week, filings on Companies House show.

Finance 111

Finance Fashion Promotions 111

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.

Finance 319

Finance Promotions Marketing Planning 319

Retail TouchPoints

NOVEMBER 23, 2020

lululemon athletica has promoted Meghan Frank to CFO, making her the first woman to hold the role at the company. 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.

Finance 276

Finance Promotions Planning ATS 276

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. . Consumers have a right to make informed choices,” said Court.

Payment Services 246

Payment Services Finance Advertising Promotions 246

Retail TouchPoints

DECEMBER 5, 2022

In March , CEO Lev Peker stepped down and current COO and CFO David Meniane was promoted to Chief Executive. At the time, current SVP of Finance Ryan Lockwood was promoted to CFO. Current CTO Sanjiv Gomes was promoted into the newly created position of Chief Information Officer at the time.

Promotions 286

Promotions Finance Management ATS 286

Retail TouchPoints

APRIL 5, 2023

However, the winds of change are blowing: as inflation and interest rates continue to climb, BNPL is shedding its reputation for luxury spending and becoming a financing solution for necessary expenses, such as car repair, healthcare, fridge and other essential appliance repair. And the merchant tends to absorb the cost of this transaction.

Merchant Services 293

Merchant Services Payment Services Finance Consumer 293

Retail Gazette

MARCH 5, 2025

Weir, who will step down on 4 April, is succeeded by Virgin Wines head of group finance Amanda Cherry. The direct-to-consumer online wine retailer said Weir played a huge role in the growth of the business, including leading it to a private equity-backed buyout in 2013 and its flotation in 2021.

Promotions 59

Promotions Finance Accounting Planning 59

Retail TouchPoints

DECEMBER 3, 2021

The outdoors retailer also has promoted Kelley Hall to EVP and CFO, and named Vivienne Long to SVP and Chief Marketing Officer. Hall joined REI in 2019 and currently leads strategy, sustainability and finance. REI Co-op has named long-time Amazon executive Cameron Janes to its newly created position of SVP and Chief Commercial Officer.

Outdoor 284

Outdoor Finance Promotions Marketing 284

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

Payment Services 264

Payment Services Finance Accounting Management 264

Retail Gazette

JANUARY 3, 2025

It added thatsofter consumer demand required the business to increase its promotional activity to shift stock. Apollo had helped to finance The Carlyle Groups purchase of a majority stake in the brand back in 2021, which valued the business at 750m. It closed the year with 62m of stock, down from 92.7m.

Finance 116

Finance Accounting Promotions Consumer 116

Retail TouchPoints

JANUARY 6, 2023

Deloitte found that 51% of lower-income earners and 38% of higher-income earners felt that their finances took a turn for the worse in 2022. The challenge for retailers is understanding where their customers will be six months from now and positioning their inventories, promotional plans and overall business outlook accordingly.

Payment Services 359

Payment Services Promotions Consumer Inventory Management 359

Retail TouchPoints

AUGUST 24, 2022

The parent company of brands such as QVC , HSN and Zulily also has created a new Chief Transformation Officer role and promoted William Hunter, currently SVP of Business Transformation and Shared Services, to the post.

Finance 300

Finance Promotions Planning ATS 300

Independent Retailer

OCTOBER 19, 2022

Determining the right mix of financing options comes down to having a deep understanding of your customer and your product set. Nearly half (46%) of consumers surveyed said they are more likely to purchase from retailers who offer a variety of financing options. by Mike Rittler. by Mike Rittler. The Federal Reserve and the U.S.

Finance 98

Finance Payment Services Promotions Consumer 98

Inside Retail

SEPTEMBER 25, 2023

Other forms of theft that gained a significant number of “justifiable” responses are manipulating deals and promotions and returning used goods for a refund. Basket sizes of most of the shoppers are the same in the last six months.

Checkout 312

Checkout Finance Supermarket Consumer 312

Small Biz Trends

SEPTEMBER 19, 2022

However, there is always room for continued financial improvements to promote sustainable long-term growth. To help, 10 members of Young Entrepreneur Council (YEC) answered the following question: “What’s one action a small-business owner can take today to improve their finances? Review Your Finances Twice a Week.

Finance 105

Finance Payment Services Accounting Promotions 105

Retail TouchPoints

JANUARY 10, 2024

Rothy’s has named Board of Directors member Jenny Ming as its new CEO and promoted current CFO and COO Dayna Quanbeck to President. She will continue to oversee the deployment of growth capital and manage Rothy’s finance, logistics, data analytics, retail, international and technology divisions.

Finance 263

Finance Promotions Management Consumer 263

Retail TouchPoints

MAY 10, 2021

PacSun has named Alfred Chang and Mike Relich as its new Co-CEOs, and promoted PacSun Chief Brand Officer Brieane Olson to President of the specialty retailer. Relich will oversee operations, including sourcing/supply chain, distribution, planning and allocation, IT, finance, legal and human resources.

Specialty Retailers 263

Specialty Retailers Finance Promotions Marketing 263

Retail TouchPoints

MARCH 15, 2023

Five Below has promoted CFO and Treasurer Kenneth Bull to the role of Chief Operating Officer, where he will focus on achieving the company’s Triple Double growth goals by optimizing its talent, systems and processes. Prior to joining Five Below, Bull served in senior finance roles at other retailers, including Urban Outfitters. “I

Planning 276

Planning Finance Promotions Location 276

Retail TouchPoints

JUNE 22, 2022

Herrington joined Amazon as VP of Consumables in 2005, launched Amazon Fresh in 2007 and was promoted to SVP of Consumables in 2014. Felton has worked for nearly 18 years in Amazon’s retail and operations finance leadership. Another company veteran, John Felton, will now lead the company’s operations.

Fulfillment 276

Fulfillment Finance Promotions Consumer 276

Retail TouchPoints

MARCH 29, 2023

Apple said having its Pay Later loans reflected on consumers’ financial profiles will “help promote responsible lending for both the lender and the borrower.” There’s no one-size-fits-all approach when it comes to how people manage their finances,” said Jennifer Bailey, VP of Apple Pay and Apple Wallet in a statement.

Merchant Services 309

Merchant Services Payment Services Checkout Finance 309

Retail TouchPoints

NOVEMBER 16, 2022

It will integrate directly with Square’s solution ecosystem, empowering sellers to organize their finances and manage cash flow from the same platform they use to run their business. The new Square-specific Amex credit card, which will be powered by i2c Inc. and issued by Celtic Bank, will be the first credit card Square offers to U.S.

Merchant Services 276

Merchant Services Finance Advertising Marketing 276

Retail Gazette

MARCH 11, 2025

The business has also promoted Debenhams finance director Phil Ellis to the role of new chief financial officer, replacing Stephen Morana with immediate effect. Group chief executive Dan Finley said: Debenhams is back.

Department Stores 90

Department Stores Fast Fashion Fashion Finance 90