Sat.Apr 20, 2024 - Fri.Apr 26, 2024

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John Lewis Partnership finance boss Bérangère Michel resigns

Retail Gazette

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.

Finance 118
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Walgreens Looks to ‘Break Through Health Care Silos’ with New Specialty Pharmacy Division

Retail TouchPoints

With this new specialty division, Walgreens said it hopes to “break through healthcare system silos” by expanding access to specialized treatments, as well as driving cost savings and efficiencies by uniting Walgreen’s pharmacy teams and distribution network across providers, pharmaceutical manufacturers, health plans and payers.

Finance 147
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Choosing the Right Funding to Fuel Your Brand’s Growth

Rangeme

However, achieving this level of recognition requires more than just ambition; it demands strategic planning, resource allocation, and often, significant financial investment. Meanwhile, the right financing strategy can provide the resources needed to grow and thrive. Access to capital isn’t always easy to come by, however.

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Express Files for Bankruptcy to Facilitate Sale to WHP

Retail TouchPoints

In order to support continued operations, the company has received a commitment for $35 million in new financing from some of its existing lenders and will also use the $49 million in cash it received on April 15, 2024, from the Internal Revenue Service related to the CARES Act. Bonobos’ wholesale operations will also continue uninterrupted.

Wholesale 147
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UK consumer confidence edges up after slow start to year

Retail Gazette

UK consumer confidence improved in April as falling inflation helped boost consumer optimism about their personal finances. A quarter with savings are using them to help meet essential costs, or plan to pay down their mortgage. While its major purchase index also strengthened, up 2 points at -25.

Consumer 104
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Is Aldi and Lidl’s UK expansion slowing down?

Retail Gazette

Despite its grand expansion plans, last year Aldi UK boss Giles Hurley told The Telegraph he had been made to delay the grocer’s opening schedule as it faced a large number of planning objections from rival supermarkets. Retail Gazette looks at where discounters’ ambitious expansion plans stands now.

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Five Shipping Tips To Benefit Your Ecommerce SMB Strategy

Retail Minded

Most importantly, it gives you the tools you need to manage a multi-vendor landscape, creating comprehensive product approval systems, shipping strategies, and configurable plans for customer experience. Working with the right partners can improve your chances of growing and free up your time to invest in new opportunities.