Inside Retail

OCTOBER 10, 2023

Payments infrastructure and the regulatory framework have not kept pace with transitions in finance, particularly in Australia’s digital economy and payments. million in 2018. billion in 2022, from 29.2

Payment Services 278

Payment Services Finance Promotions Planning 278

Retail TouchPoints

FEBRUARY 9, 2024

As a result of the sale, Farfetch is now a private company, after having been traded on the NYSE since its IPO in September 2018. Their concerns, however, appear to have been well-founded, as evidenced by the flight of Kering and Neiman Marcus within weeks of the acquisition.

Department Stores 278

Department Stores Boutique Finance Fashion 278

Retail TouchPoints

FEBRUARY 10, 2021

Savage X Fenty was launched in 2018, and the brand is coming off a banner year with revenue growth of 200% and an increase of more than 150% in its active VIP member base, according to the company. “In

Finance 147

Finance Planning Fashion Management 147

Retail Gazette

FEBRUARY 27, 2024

Restructuring company Hilco Capital, which purchased Homebase for £1 in 2018, is thought to have been involved in talks with various parties, such as B&M European Value Retail and The Range. Prior to Homebase, Luscombe worked in the finance department of fashion retailer Hobbs between 2007 and 2017.

Finance 115

Finance Fashion Shopping 115

Retail TouchPoints

JUNE 22, 2022

Felton has worked for nearly 18 years in Amazon’s retail and operations finance leadership. In 2018, he was appointed VP of Global Customer Fulfillment, and in 2019 began leading the company’s newly organized global delivery services, including global import and export, Amazon Logistics and last mile delivery services.

Fulfillment 276

Fulfillment Finance Promotions Customer Experience 276

Retail TouchPoints

MAY 10, 2021

Chang has been President of PacSun since 2018 and has served in multiple senior positions since joining the company in 2006. Relich will oversee operations, including sourcing/supply chain, distribution, planning and allocation, IT, finance, legal and human resources. All three executives are retail veterans with decades of experience.

Specialty Retailers 264

Specialty Retailers Finance Promotions Marketing 264

Retail Gazette

MAY 3, 2024

Subscribe to Retail Gazette for free Sign up here to g et the latest news straight into your inbox each morning This amount includes £31.07m of unsecured loans which the group initially gave to the brothers to purchase the jets back in 2018. All loans have been fully disclosed in the EG Group accounts, and continue to be so.

Payment Services 105

Payment Services Finance Accounting Location 105

Inside Retail

DECEMBER 25, 2022

These franchisees had between 1 January 2015 and 31 December 2018, unknowingly bought into corporate stores that had operated at a loss – something RFG did not disclose at the time of purchase. Payments to compensate franchisees will be based on the purchase price paid for their franchise, less any amounts of outstanding vendor finance loans.

Payment Services 246

Payment Services Finance Marketing Consumer 246

Inside Retail

DECEMBER 25, 2022

These franchisees had between 1 January 2015 and 31 December 2018, unknowingly bought into corporate stores that had operated at a loss – something RFG did not disclose at the time of purchase. Payments to compensate franchisees will be based on the purchase price paid for their franchise, less any amounts of outstanding vendor finance loans.

Payment Services 246

Payment Services Finance Marketing Consumer 246

Retail TouchPoints

AUGUST 25, 2022

Davis was with Walmart from 2006 to 2018 in a number of financial leadership roles, including Treasurer, SVP of Finance and Strategy and CFO of Walmart U.S. His most recent position was as CFO of Qurate Retail Group. Davis also has held the CFO role at JCPenney and Darden Restaurants.

Finance 264

Finance Returns ATS 264

Inside Retail

OCTOBER 8, 2023

He is also a non-executive director at Somnomed Australia and Pacific Smiles Group, and from 2006 to 2018, he held the position of co-CEO at Accent Group.

Finance 130

Finance Planning Marketing ATS 130

Retail TouchPoints

APRIL 24, 2023

The retailer has received a commitment of approximately $240 million in debtor-in-possession financing from Sixth Street Specialty Lending to provide the necessary liquidity to support operations during the Chapter 11 process.

Payment Services 275

Payment Services Finance Location Planning 275

Retail Dive

APRIL 11, 2022

Dave Denton, who's been in the role since 2018, will become the CFO at Pfizer. Lowe's senior vice president of retail finance, Brandon Sink, will succeed Denton.

Finance 96

Finance ATS 96

Retail Gazette

FEBRUARY 14, 2024

in 2022, corporate filings show, on top of the £31m in unsecured loans it gave them to buy the planes in 2018, The Financial Times reported. The interest has been identified and recognised within EG Group’s finance income.” EG Group lent Mohsin and Zuber Issa’s personal private jet companies £5.6m

Finance 116

Finance Accounting ATS 116

LS Retail

AUGUST 17, 2022

©iStock/Fighter_Francevna GrowthSpace – which leverages algorithms to match individual employees and groups of employees with experts for development sprints – was founded in 2018 by Dan Terner, Izhak Kedar and Omer Glass.

Finance 83

Finance 83

Retail TouchPoints

FEBRUARY 26, 2024

Prior to joining Acquia in 2018, Reny served for nearly three decades at organizations such as HP and Micro Focus, where he was VP and General Manager and ran the information management and governance and global SaaS businesses.

Payment Services 317

Payment Services Consumer Finance Management 317

Retail TouchPoints

SEPTEMBER 14, 2021

Kroger launched its own internal delivery service with 55,000 items in 2018, and expanded its collaboration with Instacart to include alcohol in 2019. Virtual c-store Gopuff has raised more than $2 billion in new financing in 2021 alone on a valuation of $15 billion as it seeks to dominate “instant needs” delivery.

Fulfillment 260

Fulfillment Grocer Checkout Finance 260

Mass Relators

NOVEMBER 7, 2023

Reed succeeds Dave Harris, who recently retired as the retailer’s executive vice president of finance, CFO and principal accounting officer. With Mike overseeing the company’s finances, Stater Bros. Markets has promoted Mike Reed to the position of senior vice president and chief financial officer.

Finance 52

Finance Accounting Promotions Management 52

Retail Gazette

NOVEMBER 16, 2023

Nwokorie joins the retailer from Apple, where he has been the senior director for its retail division since January 2018. Earlier this week, Dr Martens named Giles Wilson as its next chief financial officer after outgoing finance boss Jon Mortimore announced his retirement back in April.

Finance 105

Finance Marketing ATS Fashion 105

Retail Gazette

MARCH 7, 2024

In 2018, she partnered with the United Nations to launch a new sustainability charter which detailed 16 commitments to help fashion companies curb the damage the industry is having on the planet. LDC helps more than 200 designers connect with consumers with a passion for sustainable fashion via its online marketplace and pop-up locations.

Fashion 115

Fashion Home Furnishings Shopping Finance 115

Inside Retail

JULY 27, 2023

Laurent Bergamo, joining the group in 2018 as GM of the Middle East, will take on the role of chief commercial officer, overseeing the commercial strategy of all Valentino’s markets and the brand’s global outlet business and retail performance & operation organisation. Cappi will start his role in September.

Apparel 130

Apparel Fashion Wholesale Finance 130

Retail Gazette

FEBRUARY 18, 2024

It is thought that after the deal completed in January, Aurelius found The Body Shop’s finances to be in a much worse state than expected, sparking questions over what went wrong during the due diligence process.

Shopping 111

Shopping Beauty and Health Planning Finance 111

Inside Retail

DECEMBER 14, 2021

In Australia, the number of BNPL transactions increased by 90% between the 2017-18 and 2018-19 financial years, and by 43% between 2018-19 and 2019-20, according to ASIC. Finance studies show investor attention may temporarily pump up stock values, but prices will revert to fundamental levels in the longer term.

Merchant Services 130

Merchant Services Payment Services Finance Marketing 130

Inside Retail

JULY 6, 2021

Without credit checks, any Australian consumer with a debit card can instantly access thousands of dollars of, well, not ‘credit’ or ‘finance’, because that would be regulated, but ‘get-now, pay-later’, shall we say. million in the 2017-18 financial year to $32 million in 2018-19 representing an increase of 90 per cent.

Payment Services 246

Payment Services Finance Consumer Accounting 246

Inside Retail

JANUARY 26, 2023

“China was sharply down in the fourth quarter,” the group’s finance chief, Jean-Jacques Guiony, told reporters. billion in sales for the first time — around a quarter of total group revenues for the year, and double its sales of 2018. “Everybody was sick, it’s as simple as that” he said.

Fashion 130

Fashion Accessories Finance Returns 130

VMS

OCTOBER 6, 2021

according to Yahoo Finance. its first one was opened in New York in 2018. Amazon.com Inc. Seattle) is opening its first non-food retail stores in the U.K., This will be the first store of its kind outside the U.S. for the online behemoth, located at the Bluewater shopping center in Greenhithe, U.K.

Visual Merchandising 73

Visual Merchandising Finance Returns Location 73

Inside Retail

DECEMBER 1, 2022

George has extensive experience and background in telecommunications, media and corporate finance. He has been executive chairman of Retail Food Group since 2018, a role he will continue to hold simultaneously. Booktopia’s strong market position and loyal customer base mean it has huge potential for further growth,” said George.

Telecommunications 130

Telecommunications Finance Advertising Management 130

Retail Gazette

DECEMBER 19, 2023

The funding structure works by leveraging finance which, more often than not, results in firms borrowing money against the retailer’s balance sheet – in turn generating debt – to use for investment. CD&R made £1.5bn out of B&M when it cashed out in 2018. But why is private equity so controversial?

Grocer 126

Grocer Supermarket Finance Returns 126

Inside Retail

JUNE 27, 2022

Businessman Leonardo del Vecchio, who has died aged 87, created the glasses company that owns brands including Ray-Ban and used his billions to become one of the most influential figures in Italian finance. In 2018, he sealed a major merger deal to combine the Luxottica company that he had founded in 1961 with France’s Essilor.

Fashion 130

Fashion Accessories Finance Returns 130

Retail Gazette

OCTOBER 5, 2023

She also helped to rapidly grow and subsequently sell Costa Coffee for £3.9bn in 2018. Davies’ impressive CV includes a three-year stint at Tesco as its UK chief executive between 2015 and 2018, where he led the turnaround of the business. Davies is known to foster a great culture wherever he has gone.

Supermarket 111

Supermarket Department Stores Grocer Returns 111

Small Biz Trends

NOVEMBER 28, 2022

They follow the Main Street Ownership Act of 2018, which was also introduced by Chairwoman Velázquez and included provisions to ease burdensome guarantee restrictions and help retiring business owners convert to an employee-owned model. Employee-Owned Business Boost.

Finance 105

Finance 105

Mass Relators

APRIL 11, 2022

Denton has more than 25 years of finance and operational expertise, including more than 20 years in the healthcare sector. Prior to joining Lowe’s in 2018, Denton served as executive vice president and CFO of CVS Health, where he was responsible for all aspects of their financial planning and management.

Finance 52

Finance Accounting Management Planning 52

Retail TouchPoints

JUNE 13, 2023

At Aldo Group, we are proud to have been the first shoe and fashion accessories retailer to obtain the carbon neutral certification back in 2018 and to now strive for Net Zero emissions by 2050. They want to know what impact the product they buy has on the environment.

Customer Experience 264

Customer Experience Inventory Management Marketing Consumer 264

Inside Retail

JANUARY 19, 2023

With over 20 years of experience in strategic planning, operations and finance, Rathor joined Gojek in 2019 as regional manager of Indonesia, in charge of Central and East Java areas. After entering Vietnam in 2018 under the name Goviet, Gojek Vietnam rebranded in 2020 in order to attract more customers and grow the business.

Payment Services 130

Payment Services Wholesale Finance Apparel 130

Inside Retail

JANUARY 10, 2023

Since a Supreme Court ruling in 2018, any business trading online with US customers must pay state-based sales taxes, no matter if they have a physical presence in the US or not. The land of opportunity is filled with… taxes. These sales taxes vary considerably from state to state.

Checkout 130

Checkout Finance Management Returns 130

Inside Retail

OCTOBER 12, 2023

He is also a non-executive director at Somnomed Australia and Pacific Smiles Group, and from 2006 to 2018, he held the position of co-CEO at Accent Group.

Returns 130

Returns Fashion Finance Accounting 130

Inside Retail

OCTOBER 18, 2023

billion in debtor-in-possession financing and continue delivering healthcare products and services and to continue paying its vendors, employees, and suppliers. CVS closed 244 stores between 2018 and 2020 and announced that it would close 900 stores by 2024. Burr will continue in her role as a director on Rite Aid’s board.

Finance 130

Finance Management Marketing Consumer 130