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Qurate Retail Names Finance Veteran as Permanent CFO

Retail TouchPoints

Wafford, who will report to Qurate Retail President and CEO David Rawlinson II, replaces James Hathaway, who has served as interim CFO since August 2022. Wafford was most recently CFO at the digitally native apparel brand Everlane , and he also has held that title at companies including JCPenney, The Vitamin Shoppe and Thrasio.

Finance 252
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Lowe’s Promotes Finance Exec to CFO

Retail TouchPoints

Lowe’s has promoted Brandon Sink to EVP and CFO, effective April 30, 2022. Sink, currently SVP of Retail Finance at the retailer, will replace Dave Denton, who is departing to pursue another opportunity. Prior to his time with Lowe’s, Sink worked at Deloitte and Nucor Corporation.

Finance 259
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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 220
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Tuesday Morning Receives $12.5M in New Debtor-in-Possession Financing

Retail TouchPoints

million in debtor-in-possession (DIP) financing from 1903 Partners LLC together with its affiliates, Gordon Brothers. 1, 2022, revealed net sales of $157.1 compared to Q1 2022. Off-price home goods retailer Tuesday Morning , which filed for bankruptcy in February 2023 , has received $12.5 million , down from $176.9

Finance 225
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The D2 Summit: Where Finance and Tech Leaders Can Tackle Web 3.0

Retail TouchPoints

While many have seen the words “Web 3.0,” “blockchain” and even NFTs in the headlines, there is still more to learn about these topics and the overall decentralized finance (DeFi) space. 18-19, 2022, at Convene One Liberty Plaza in New York City. CEOs, CIOs, CFOs and other executives involved in Web 3.0,

Finance 273
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Embedded Finance: Making Payments Possible in New Frontiers

Retail TouchPoints

In fact, embedded finance will be a $777 billion opportunity by 2029. What’s really exciting about embedded finance is the simplicity of making complex payments accessible to a wide range of people and businesses, and the creative innovations that are opening new use cases and new opportunities. So how can businesses get a piece of it?

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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. She replaces John Barresi, who resigned from the company effective June 10, 2022 to pursue another opportunity.

Finance 301