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.

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Finance Planning Consumer ATS 111

Inside Retail

FEBRUARY 13, 2023

Following nine consecutive interest rate increases in Australia – with more likely to come – retailers are having to navigate a challenging economic environment, as consumers are looking to cut back their spending across a range of categories. per cent drop in consumer spending. This was arguably felt in December 2022, which saw a 3.9

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Retail Wire

OCTOBER 14, 2024

A poll taken by Primerica found inflation and debt are stressing out Americans.

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Retail TouchPoints

JUNE 18, 2024

The global economy is still in flux,” said Rob Garf, VP and General Manager of Retail and Consumer Goods at Sales f orce at a recent media briefing. billion commerce-focused consumer interactions as well supplemental consumer research. So what does all this mean for the holiday season? Register here.

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Retail TouchPoints

FEBRUARY 1, 2023

Over the years the retailer has carved a unique space in the Hispanic market thanks to its unique approach to financing, in-store services and merchandising. The core business was always built [around] providing dignified credit, because consumers couldn’t buy items outright with cash. population.

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Retail TouchPoints

FEBRUARY 26, 2024

Consumers are quickly losing trust, and companies must act swiftly and responsibly to restore it. A Pew Research study reveals a concerning trend: 67% of consumers have little understanding of what companies do with their data, a sentiment echoed by an IAPP study which found that only 29% feel informed about how their data is protected.

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Payment Services Consumer Finance Management 312

Retail Gazette

AUGUST 23, 2024

Consumer confidence in the UK remained stable in August, despite people feeling less optimistic about the wider economy. The GfK Consumer Confidence Barometer came in at -13 this month, in line with the July reading and up from -25 in August last year.

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Retail TouchPoints

SEPTEMBER 8, 2023

With more than 20 years of experience in the consumer products industry and “a proven record of operating excellence, financial discipline and building high-performance teams,” Glendinning will officially join the Express leadership team and board of directors on Sept. 15, 2023.

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Retail TouchPoints

JULY 28, 2023

Accenture surveyed more than 10,000 consumers in 16 countries and found that although we’re living in a time of “lasting uncertainty,” the “ resilient consumer ” is uncovering new ways to protect and control what is most important to them. As a result, consumer behaviors are becoming more complex.

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Consumer Finance Marketing Planning 244

Retail Wire

DECEMBER 1, 2023

Don't let doom spending ruin your finances.

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Finance Consumer Shopping 264

Inside Retail

APRIL 8, 2021

Fine jewellery retailer Fairfax & Roberts has a long history of connecting with consumers at some of life’s biggest milestones. Here, managing director Irene Deutsch shares an insight into her own career journey, lessons learned from the past year and the ways the brand is staying relevant with the modern consumer.

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Finance Management Marketing Consumer 264

Retail Times

JUNE 10, 2021

Hitachi Capital Consumer Finance (HCCF), one of the UK’s leading retail point of sale provider today announces impressive profits of £60.2m The results and continued investments during the period leave the business well positioned to grow in 2021/22 as lockdown measures ease and consumer confidence returns.

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Finance Consumer Point of Sale Returns 77

Inside Retail

NOVEMBER 4, 2021

Buy now pay later (BNPL) services have quickly become commonplace for consumers. Offering people the ability to spread out their payments for goods and services across regular intervals enables consumers to better manage their own cash flow. Shift the financial risk with third-party business finance.

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Payment Services Consumer Finance Wholesale 246

Retail Times

MAY 7, 2024

Consumer card spending slowed to 1.6% While consumer confidence in household finances rose to its highest level in over three years, a slowdown in food price inflation and cutbacks on food and drink led to […] If you want more information Retail Times get in touch! growth in April, down from 1.9%

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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.

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Retail Gazette

AUGUST 2, 2024

Amazon sales have fallen short of analyst forecasts for both the current quarter and the next as cautious consumers seek out cheaper products. We did come in a little short on revenue growth in North America versus our internal estimates,” finance boss Brian Olsavsky admitted.

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Consumer Finance Fashion Marketing 111

Retail TouchPoints

OCTOBER 29, 2024

Financial services company Hilco Global and asset management firm TPG Angelo Gordon have formed a new joint venture (JV), with the goal of acquiring and financing consumer brands and IP in partnership with brand management firm Bluestar Alliance. Financial details of the Bebe Stores deal were not disclosed.

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Finance Brand Management Management Consumer 157

Retail Wire

JANUARY 12, 2022

Harry’s, the direct-to-consumer shaving products startup, has had an interesting couple of years. The company, which saw its acquisition by Edgewell Personal Care blocked by the Federal Trade Commission, raised $155 million in Series E financing last year, and has raised another $139.9

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Inside Retail

MAY 19, 2021

In KPMG’s Responding to consumer trends in the new reality report, our research details findings from 75,000 consumer survey responses taken over four months, from May to September 2020, across 12 countries. We will explore the four key themes emerging from our research and how retailers need to respond to the changed consumer.

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Inside Retail

JUNE 20, 2021

Lockdowns with little advance notice, panic buying, supply chain disruptions, hastily made changes to health and safety regulations, and extreme swings in consumer needs and expectations. How did they fare and how have consumers changed due to their pandemic experience? Consumers unevenly impacted. Adaptability tested.

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Consumer Beauty and Health Payment Services Finance 242

Retail Wire

JUNE 29, 2022

Consumer confidence hit a 16-month low in June as consumers grow increasingly concerned about rising prices and the potential impact on the economy and their personal finances.

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Consumer Finance 100

Retail Gazette

APRIL 25, 2024

UK consumer confidence improved in April as falling inflation helped boost consumer optimism about their personal finances. The latest GfK Consumer Confidence Index rose two points to -19, marking an improvement from -21 points in both March and February.

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Consumer Finance Planning ATS 104

Retail TouchPoints

DECEMBER 20, 2023

Indeed, until recently most BNPL offerings were relegated to the digital realm, but stores are widely seen as the next big area of expansion for this increasingly popular financing option. Customers also can access Affirm BNPL financing at Walmart Vision and Auto Centers. year over year.

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Checkout Kiosk Finance Apparel 297

365 Retail

JUNE 6, 2023

Novuna Consumer Finance, one of the UK’s leading retail point of sale providers, has partnered with home and garden experts Homebase to transform its credit offer in-store, providing customers with a range of flexible finance options to help them with their home improvement projects.

Finance 52

Finance Point of Sale Consumer Planning 52

Rangeme

DECEMBER 14, 2021

Today’s technology and the all-inclusive platforms for consumer packaged goods (CPG) operations management make that possible. Purchase order financing is a tool that CPG companies have been using for decades to finance the growth of their brands into businesses like Walmart, Walgreens , and Bed Bath & Beyond. No problem.

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Finance Payment Services Accounting Consumer 98

Retail TouchPoints

OCTOBER 16, 2024

over 2023 despite continued concern about a consumer pullback. The upcoming presidential election also may impact consumer confidence (and therefore spending); however, the NRF acknowledged that it is nearly impossible to measure the actual effect of the election on current or future spending. This would equate to between $979.5

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Finance Consumer Shopping Marketing 273

Mass Relators

JANUARY 24, 2024

CHICAGO – The Kearney Consumer Institute (KCI), an internal think tank of global strategy and management consultancy, released its inaugural Consumer Stress Index on Wednesday. In doing so, the Kearney Consumer Stress Index seeks to better understand consumer needs and behaviors, identifying new patterns and spend implications. “In

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Consumer Finance Management Marketing 52

Retail Gazette

MARCH 15, 2024

Ann Summers chief financial officer John Boyle is retiring from the retailer after 11 years, as Kristina Moln-Page is promoted to finance director of the company. Moln-Page currently serves as head of finance of the business, having previously joined Ann Summers in May 2022 as strategic project consultant. Profit was up 3% to £61.8m

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Finance Promotions Returns Consumer 52

A1 Retail

SEPTEMBER 24, 2021

. Hitachi Capital Consumer Finance, a division of Hitachi Capital (UK) PLC, has announced that it will be rebranding under the new trading style of NOVUNA Consumer Finance by April 2022, while Hitachi Personal Finance will become NOVUNA Personal Finance.

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Finance Consumer Point of Sale Customer Experience 59

Retail Wire

OCTOBER 20, 2022

Nestle and Procter & Gamble both posted better-than-expected results yesterday as consumers continue to pay for the companies’ branded consumer packaged goods including Nescafe coffee and Gillette shaving products.

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Consumer Finance 100

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 157

Retail Gazette

DECEMBER 15, 2023

Consumer confidence has risen for the second consecutive month this December, according to GfK, suggesting households may be more inclined to spend over the festive season. The market research company ‘ s consumer confidence index was up by two points to -22, making it an improvement on the -29 the same time last year.

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Consumer Finance Marketing ATS 72

Retail TouchPoints

DECEMBER 13, 2021

With retailers already pushing out holiday sales to entice consumers to buy early and avoid delivery delays due to supply chain congestion, one tactic that they will lean on to entice customers is buy now, pay later (BNPL). BNPL Can Have an Effect on Consumers and Retailers.

Payment Services 261

Payment Services Consumer Returns Management 261

Retail TouchPoints

NOVEMBER 4, 2021

Despite having just officially begun, this holiday shopping season already is marked by supply chain disruption, persistent inflation and mixed consumer confidence. And just like last year, it looks like consumers will respond by turning to ecommerce. Shortages and Sticker Shock Heighten Holiday Stress.

Consumer 261

Consumer Merchant Services Payment Services Drop-Shipping 261

Inside Retail

APRIL 10, 2023

Australian consumer finance firm Latitude Group Holdings Ltd will not pay a ransom to those behind a cyber attack last month, saying it will be detrimental to customers and cause harm to the broader community by encouraging further attacks.

Finance 246

Finance Returns Consumer ATS 246

Retail Dive

NOVEMBER 30, 2022

Buy now, pay later providers saw increased use during Black Friday, but credit and debit were the top payment methods for online orders.

Finance 95

Finance Consumer Shopping 95

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.

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Merchant Services Payment Services Finance Consumer 282