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Regulation is Coming to POS Finance: Why Responsible Lending Will Benefit Retailers

Retail TouchPoints

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 204
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Following 2020 Online Grocery Boom, Instacart Raises Another $265M

Retail TouchPoints

Online grocery boomed last year, becoming one of the fastest-growing ecommerce segments, according to Barrons : online grocery sales grew 60% YoY in 2020. Instacart was a key player in this rapid evolution, adding more than 200 new retailers in 2020 including Walmart , 7-Eleven and Family Dollar. Rowe Price Associates.

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Amazon to Launch Ireland Online Store in 2025

Retail TouchPoints

will be great news for Irish customers, and we’re looking forward to opening its virtual doors in 2025,” said John Boumphrey, Ireland and UK Country Manager at Amazon in a statement. Amazon already employs approximately 6,500 people in Cork, Dublin and Drogheda in a range of jobs including data engineers, operations management and finance.

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Nordstrom Financial Chief Bramman Steps Down; Insider Appointed Interim CFO

Retail TouchPoints

“As a result of Anne’s guidance through the pandemic, Nordstrom has the financial strength and flexibility to successfully manage through a changing environment,” said Erik Nordstrom, CEO of Nordstrom in a statement. Maher has more than 25 years of finance and accounting experience and joined Nordstrom in 2009 as controller.

Finance 238
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Black Friday 2020 In-Store Traffic: An Expected Result in an Unexpected Season

Retail TouchPoints

Black Friday Weekend vs. Spring 2020. The worst of the pandemic — the very bottom of the retail traffic journey — occurred the week of April 12, 2020, when year-over-year traffic was down 83%. That means seven out of the nine days were within range of the pre-Black Friday 2020 trend. But first, a little recent history.

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Zambrero founder sues former CEO

Inside Retail

Current CEO and former banker and finance lawyer Matthew Kenny took on the role in 2020. A case management hearing on 7 February 2024 was adjourned. Cook has also disclosed the circumstances and terms of his departure from the firm. Zambrero alleges this is a breach of an agreement between the two parties.

Finance 263
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Zambrero founder sues former CEO

Inside Retail

Current CEO and former banker and finance lawyer Matthew Kenny took on the role in 2020. A case management hearing on 7 February 2024 was adjourned. Cook has also disclosed the circumstances and terms of his departure from the firm. Zambrero alleges this is a breach of an agreement between the two parties.

Finance 259