Retail TouchPoints

MAY 10, 2024

Amazon already employs approximately 6,500 people in Cork, Dublin and Drogheda in a range of jobs including data engineers, operations management and finance. Amazon has invested more than €17 billion in Ireland since 2020, and Amazon Web Services’ (AWS) investment in cloud infrastructure has expanded Ireland’s economic output by almost €11.4

Fulfillment 192

Fulfillment Finance Returns Management 192

Retail Dive

MARCH 6, 2023

The department store insists it’s on a “strong financial footing,” but filings show ongoing volatility under its post-bankruptcy ownership.

Finance 114

Finance Department Stores 114

Mass Relators

AUGUST 23, 2021

SpartanNash has promoted Tyler King to vice president of finance and finance business partner for the company’s 148-store retail business segment. Since then, he has served as director, retail inventory (2015-2018), director, retail accounting (2018-2020) and most recently, as senior director, finance (2020-2021).

Finance 52

Finance Accounting Promotions Management 52

Retail TouchPoints

OCTOBER 19, 2022

Over the course of her 33-year career, Bramman has worked in different areas of finance with companies including Henri Bendel and Victoria’s Secret when the brands were part of L Brands. Maher has more than 25 years of finance and accounting experience and joined Nordstrom in 2009 as controller.

Finance 232

Finance Accounting Management ATS 232

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. Nordstrom has appointed Cathy R. Smith as its new CFO, effective May 29, 2023. Most recently, she was Chief Administrative Officer and CFO at Bright Health Group.

Finance 307

Finance Accounting Planning ATS 307

365 Retail

MAY 25, 2022

fall in small companies compared to 2020, which saw there being 5.9 However, others might not have conducted market research, and a few could be due to finances. Companies in need of financial support might consider bridge financing. Companies in need of financial support might consider bridge financing.

Finance 52

Finance Payment Services Marketing Planning 52

Inside Retail

FEBRUARY 12, 2024

Current CEO and former banker and finance lawyer Matthew Kenny took on the role in 2020. Zambrero alleges the claims that Cook led a profitable, global expansion of the business minimised the contributions of the founder and major stakeholder, Dr Prince, and another former CEO, Karim Messih.

Finance 263

Finance Management ATS 263

Inside Retail

FEBRUARY 12, 2024

Current CEO and former banker and finance lawyer Matthew Kenny took on the role in 2020. Zambrero alleges the claims that Cook led a profitable, global expansion of the business minimised the contributions of the founder and major stakeholder, Dr Prince, and another former CEO, Karim Messih.

Finance 259

Finance Management ATS 259

Retail TouchPoints

OCTOBER 18, 2023

Prior to that she was EVP of Supply, North America at PVH from 2020 to 2021, building on an extensive tenure across several supply chain leadership roles for key businesses within the PVH portfolio, including Calvin Klein North America and The Underwear Group from 2013 to 2020.

Finance 233

Finance Accounting Store Operations Planning 233

Retail TouchPoints

MARCH 3, 2021

million in financing. In court papers , CFO Ronald Kruczynski said that prior to the pandemic, Paper Source “had been enjoying rapid expansion and sustained sales growth,” but that the company had “sustained deep damage to their finances and operations as a result of the ongoing COVID-19 pandemic.”. million reported in 2019.

Planning 298

Planning Finance Accounting Location 298

Mass Relators

JANUARY 10, 2023

Knight joined Ahold Delhaize as executive vice president, finance, in 2020 after more than four years as chief financial officer at European dairy giant Arla Foods. She previously worked as senior vice president of finance at athletic shoes and sportswear company adidas AG. A search for a successor has begun, the company said.

Finance 40

Finance Supermarket Shopping Marketing 40

Retail TouchPoints

SEPTEMBER 12, 2022

The funding, along with $3 million in convertible debt financing from certain Tuesday Morning leaders including CEO Fred Hand, will help the troubled retailer implement an omnichannel turnaround plan. Tuesday Morning was reportedly on the brink of going bankrupt for the second time since 2020, according to The Dallas Morning News.

Finance 242

Finance Fulfillment Planning Store Operations 242

365 Retail

JUNE 16, 2021

Coins and banknotes were used for 17% of all payments in the UK last year, while 27% of payments were contactless, UK Finance said. With fewer opportunities to spend during the coronavirus lockdowns and large parts of the economy shut, the total number of payments across the UK fell in 2020 for the first time in six years.

Finance 52

Finance Supermarket Accounting Consumer 52

Nvidia

FEBRUARY 9, 2022

In 2020, the pair of finance industry veterans founded Encord to adapt micromodels typical in finance to automated data annotation. The post Startup Taps Finance Micromodels for Data Annotation Automation appeared first on The Official NVIDIA Blog. It saved us a lot of time and hassles.”.

Finance 63

Finance Marketing ATS 63

Inside Retail

MAY 14, 2024

The shift dates back to 2020/21 when Pandora overhauled its business strategy to focus on crafting high-quality jewellery for the mass market and becoming the most desirable brand in the accessible luxury jewellery market, globally. “If We felt we had to do something quite radical.

Finance 269

Finance Marketing Accounting Management 269

Retail Gazette

FEBRUARY 2, 2024

Mamas & Papas has poached Asda’s finance exec Sarah Ashby as its new chief financial officer. Asbhy, who took up the post on January 19, most recently served as the supermarket chain’s senior finance director of projects and M&A.

Finance 98

Finance Grocer Supermarket Promotions 98

Cisco Retail

JULY 6, 2021

As a Credit Analyst in Cisco’s Finance organization , I’ve worked at our San Jose headquarters for 11 years. In that time, I focused on gaining experience in various functions throughout Cisco Capital (first in Operations and now in Global Credit) to provide me with a variety of perspectives.

Finance 105

Finance ATS 105

Retail TouchPoints

APRIL 2, 2021

Leading Amazon rollup firm Thrasio has completed a $100 million Series C funding round, bringing the total raised since December 2020 to $1.35 Joe Falcao will move into a newly created role as SVP, Finance and Treasurer, helping Thrasio scale its treasury, tax and international finance functions.

Finance 223

Finance Consumer ATS 223

Retail TouchPoints

MARCH 4, 2024

Thrasio said it will continue normal business operations for its hundreds of Amazon FBA brands throughout the Chapter 11 process and that it has received $90 million in new financing from its lenders in order to see the company through what it hopes will be an expedited bankruptcy.

Finance 220

Finance Returns Marketing 220

Retail TouchPoints

OCTOBER 19, 2023

Viall will retain ownership of merchandising and product development functions and assume responsibility for the supply chain; and Kelly Cook, who joined David’s Bridal in 2019 as EVP, Chief Marketing and IT Officer, has been promoted to President of Brand, Technology and Finance.

Inventory Management 216

Inventory Management Promotions Finance Store Operations 216

Inside Retail

OCTOBER 15, 2023

US-based retailer Showfields, the self-described “most interesting store in the world”, filed for bankruptcy this month and will be restructuring through a form of Chapter 11 bankruptcy created during Covid to help small businesses continue operations, reorganise, and maintain control of finances without creditors taking over.

Department Stores 278

Department Stores Finance Grocer Location 278

Retail TouchPoints

DECEMBER 28, 2021

In May 2020, McKinsey issued a report stating while the COVID-19 pandemic was shaking up small businesses across the board, it was disproportionately affecting minority-owned small businesses. Between March 2019 and June 2020, adoption of touchless payments , which includes contactless cards, mobile wallets and QR codes, increased 150%.

Payment Services 269

Payment Services Finance Marketing Promotions 269

Retail TouchPoints

NOVEMBER 8, 2022

The investment was coupled with an additional $3 million in convertible debt financing from Tuesday Morning executives, including Hand, to support the company’s omnichannel turnaround and avoid bankruptcy for a second time since 2020.

Finance 258

Finance Marketing Management ATS 258

Retail TouchPoints

JANUARY 25, 2021

As of December 2020, Francesca’s had approximately 4,540 employees, including 223 corporate workers. Francesca’s entered into a $110 million loan credit agreement with Tiger Finance in August 2019 to enable a turnaround without the need for bankruptcy.

Finance 225

Finance Accessories Location Planning 225

Retail TouchPoints

DECEMBER 7, 2020

The company will continue operating during the process by utilizing a $25 million debtor-in-possession loan from Tiger Finance. COVID-19 put a damper on the turnaround effort: Francesca’s reported drops of 29% in sales and 5% in comparable sales during Q2 2020 after traffic levels fell at brick-and-mortar retailers across the country.

Finance 183

Finance Boutique Location Planning 183

Retail Gazette

FEBRUARY 27, 2024

Hilco initially put Homebase up for sale in 2020 in a bid to capitalise on the pandemic boom for home improvement companies. In January, Homebase chief financial officer Andy Coleman stepped down from the business after six years, to be replaced by Simon Luscombe, who has been the retailer’s director of finance the last seven years.

Finance 113

Finance Fashion Shopping 113

Retail TouchPoints

MAY 10, 2021

Relich has been in the Interim CEO position since August 2020, having previously served as PSEB’s COO. Like Chang, Olson joined PacSun in 2006 and held multiple senior positions before being named Chief Brand Officer in July 2020. As Co-CEOs, Chang and Relich will have distinct oversight of key business functions.

Specialty Retailers 248

Specialty Retailers Finance Promotions Marketing 248

Retail TouchPoints

MARCH 29, 2023

Mitchell will lead the stores, technology and supply chain teams in addition to his current real estate and finance responsibilities. Mitchell, who has served as CFO since November 2020, has been integral to the development and execution of the retailer’s Polaris transformation strategy.

Planning 232

Planning Home Furnishings Finance Management 232

Retail TouchPoints

MARCH 15, 2021

for $100 million in August 2019, but Le Tote itself went bankrupt just a year later in August 2020. Investment firm Saadia Group bought the Lord & Taylor store inventory, intellectual property and ecommerce assets for $12 million in October 2020 , but liquidation of all 38 Lord & Taylor stores and its website continued.

Returns 279

Returns Department Stores Apparel Finance 279

Retail TouchPoints

DECEMBER 22, 2022

Prior to her role as President, Linnartz, who joined Marriott in 1997, held roles in sales, marketing and finance, rising to EVP and Global Chief Commercial Officer from 2013 to 2019 and serving as Group President of Consumer Operations, Technology and Emerging Businesses from 2020 to 2021. ”

Finance 251

Finance Customer Experience Consumer Marketing 251

Retail TouchPoints

SEPTEMBER 28, 2022

Stores and Division President for Advance Auto Parts’ North division, which included Autopart International, from 2017 to 2020. Prior to his EVP appointment in March 2021, Creedon served as the President of U.S. Creedon also filled the company’s role of President of Autopart International from 2013 to 2017.

Finance 252

Finance Management ATS Marketing 252

Retail TouchPoints

MAY 2, 2023

Tuesday Morning operated fewer than 500 stores when it made its latest bankruptcy filing in February, which was the second since 2020. million of debtor-in-possession financing to support ongoing operations during the 2023 proceedings — which led to Invictus opposing its plan to go out of business entirely.

Merchant Services 201

Merchant Services Finance Location Planning 201

Shopping Center

APRIL 20, 2021

Colleyville, Texas — CBRE Capital Markets has arranged $32 million in bridge financing for Town Center Colleyville, a 246,327-square-foot grocery-anchored shopping center located in the Dallas-Fort Worth suburb of Colleyville. Sterling Organization acquired the Market Street-anchored center in early 2020.…

Finance 40

Finance Marketing Location Shopping 40

Retail TouchPoints

FEBRUARY 12, 2021

Lawrence also started in 2019, as SVP Finance and Chief Accounting Officer, and has been acting as interim CFO during the past several months. The appointments follow GNC’s September 2020 sale to China-based Harbin Pharmaceutical Group. Both appointments are effective immediately.

Finance 182

Finance Promotions Accounting Customer Experience 182

Inside Retail

OCTOBER 5, 2023

Brent joined our company in 2015 as a Divisional Controller long before the spin-off from our former parent company in 2020,” said president and CEO, Brian Murphy. He formerly worked for Lockton Companies, a privately held insurance broker, as director of finance.

Outdoor 130

Outdoor Finance Accounting Accessories 130

Inside Retail

MAY 18, 2021

While clearly there are people struggling or worse off from the pandemic, more Australians feel better off, more financially secure and more in control of their finances,” said CBA executive manager of financial wellbeing Ben Grauer. Spending less, saving more and paying down debt have been the big stories from this past year.”.

Finance 219

Finance Management Consumer 219

Retail TouchPoints

NOVEMBER 14, 2022

billion in construction financing loans, according to NJBIZ. The mall reopened late in 2020 but continued to suffer from the overall decline in foot traffic caused by the pandemic, and ultimately reported a nearly $60 million loss in 2021. The group, led by JPMorgan Chase, has set a new maturity date of October 2026.

Payment Services 216

Payment Services Finance Accounting Shopping 216