Remove 2021 Remove Finance Remove Management
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Bed Bath & Beyond Promotes Two Executives to Top Finance Positions

Retail TouchPoints

One day after announcing the departure of CEO Mark Tritton , Bed Bath & Beyond has named Laura Crossen as its new SVP of Finance and Chief Accounting Officer, and Susie Kim as SVP of Treasury and Investor Relations. Kim, who joined the retailer in May 2021 to lead the company’s investor relations, will take over Crossen’s previous role.

Finance 317
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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 260
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‘Cash or Card?’: Why More Financing Choices Drive Consumers’ Decisions on Which Retailers to Shop

Retail TouchPoints

The Shopper’s Search for Buying Power Offering multiple financing options expands buying power and gives customers more motivation to buy. The study also suggests that as the spend amount goes up, it becomes even more important to the consumer that their preferred financing method is available.

Finance 289
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Bed Bath & Beyond Builds Out Finance Team with Hiring of Former Tiffany Exec

Retail TouchPoints

Bed Bath & Beyond has named John Barresi as SVP of Finance and Chief Accounting Officer, as the retailer continues to bolster its leadership team as part of its three-year transformation strategy. Barresi will join Bed Bath & Beyond on June 7, 2021, reporting directly to EVP and CFO Gustavo Arnal.

Finance 232
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Understanding the consumer of 2021

Inside Retail

Thanks to Australia’s world-leading management of the health and economic crisis, a majority of consumers report that the pandemic either had no impact or a positive impact on their physical, mental and financial wellbeing. More generally, many consumers took a cautious approach to their finances amid the pandemic.

Consumer 242
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AKA Brands names Ciaran Long as CEO

Inside Retail

Long holds 25 years of financial leadership, strategic development and management experience. Kevin Grant, a senior member of the finance team since 2021, has been promoted to CFO to replace Long. Prior to AKA, he was CFO of Samsclub.com and held leadership positions within Walmarts e-commerce division.

Finance 130
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Torrid CFO/COO Resigns; No Permanent Replacement(s) Announced

Retail TouchPoints

Paula Dempsey, SVP of Finance and Investor Relations, will take on the role of interim CFO until a permanent successor is named. She has extensive retail experience, most recently as SVP of Corporate Finance for Mattress Firm , which was purchased by Tempur Sealy earlier this month. For Q4 of its fiscal 2022, which ended Jan.

Finance 269