Retail TouchPoints

AUGUST 26, 2022

Dollar General has promoted John Garratt to President and CFO, effective September 1, 2022. He will add responsibilities for the company’s strategic healthcare initiatives and its international expansion to Mexico to his existing finance, accounting, strategy and procurement functions. and net sales up 9% to $9.4

Promotions 243

Promotions Finance Accounting Management 243

Retail TouchPoints

DECEMBER 22, 2022

Under Armour has appointed Marriott International President Stephanie Linnartz as its President, CEO and member of its board of directors following a search that began in May 2022. 27, 2023, succeeding Patrik Frisk, the former President, CEO and member of the board of directors who stepped away from the role in June 2022.

Finance 275

Finance Customer Experience Consumer Marketing 275

Retail TouchPoints

JUNE 7, 2022

The exclusive period was set to allow Franchise Group and its financing partners to finalize their due diligence and financing arrangements before the parties enter into a binding agreement. Franchise Group reportedly made a $9 billion bid in April 2022, people familiar with the matter told Reuters. share price as of June 6.

Home Furnishings 234

Home Furnishings Finance ATS Management 234

Retail TouchPoints

FEBRUARY 15, 2023

The off-price retailer also has obtained a commitment from Invictus Global Management to provide $51.5 million of debtor-in-possession financing to support ongoing operations during the proceedings. The restructuring process will enable Tuesday Morning to optimize its store footprint and focus on its “core and heritage markets.”

Finance 253

Finance Marketing Management Store Operations 253

Retail TouchPoints

NOVEMBER 8, 2022

At the time of Berger’s September 2022 appointment as Director of Tuesday Morning, the company had received a $32 million investment from Retail Ecommerce Ventures (REV), parent company of Pier 1 Imports , Linens ‘n Things and Stein Mart , and Ayon Capital. and Director of Rocky Mountain Chocolate Factory, Inc.

Finance 280

Finance Marketing Management ATS 280

Small Biz Trends

OCTOBER 22, 2022

If you are a small business owner or will be in the future, Small Business Expo 2022 is the best place to be to learn from industry experts, meet vendors and suppliers, as well as network with other entrepreneurs in your industry and other segments. Houston Small Business Expo 2022. November 15, 2022, Houston, United States.

Finance 75

Finance Management Marketing 75

Retail TouchPoints

AUGUST 8, 2022

Plus size retailer Torrid has named Tim Martin to the role of COO and CFO, effective September 12, 2022. Martin brings 25 years of retail experience, most recently as EVP and CFO of Guitar Center , where he was responsible for accounting and finance, real estate, sourcing, distribution and logistics.

Finance 227

Finance Store Operations Apparel Accounting 227

Retail TouchPoints

FEBRUARY 9, 2024

Kering hasn’t made a formal announcement of its decision, but Jean-Marc Duplaix, the luxury giant’s Deputy CEO in charge of operations and finance, announced the news during the company’s recent earnings call, and Duplaix said in comments to WWD that Farfetch “is not a strategic partner for us.”

Department Stores 269

Department Stores Boutique Finance Fashion 269

Retail TouchPoints

JULY 1, 2022

Six years later, Johnson might answer that question differently — his “commerce-at-home” startup Enjoy Technology filed for bankruptcy on June 29, 2022, after a series of setbacks including staffing shortages and dwindling liquidity. million bridge loan and a financing commitment of $55 million from tech services company A s urion.

Telecommunications 312

Telecommunications Finance Store Operations Consumer 312

Retail TouchPoints

AUGUST 9, 2022

CFO Scott Roe, with 30 years of retail finance and operations experience under his belt, will take on the COO role in addition to his current responsibilities, effective immediately. 1, 2022 to ensure a seamless transition. Glaser will stay on until Oct.

Finance 261

Finance Accounting Management Consumer 261

Retail TouchPoints

JANUARY 6, 2023

While the 2022 holiday season was by all accounts a success, retailers may want to buckle down as they head into the new year: four out of 10 U.S. While the 2022 holiday season was by all accounts a success, retailers may want to buckle down as they head into the new year: four out of 10 U.S.

Payment Services 336

Payment Services Promotions Consumer Inventory Management 336

Retail TouchPoints

NOVEMBER 3, 2021

Seun Sodipo will take the CFO job in February 2022. Sodipo most recently led Product Finance and Strategy at Stripe and will bring her expertise in payments to Glossier’s Accounting and Finance teams. Her most recent position was EVP and General Manager of North America. Kyle Leahy will join the company on Nov.

Finance 258

Finance Payment Services Accounting Returns 258

Retail TouchPoints

APRIL 22, 2024

In order to support continued operations, the company has received a commitment for $35 million in new financing from some of its existing lenders and will also use the $49 million in cash it received on April 15, 2024, from the Internal Revenue Service related to the CARES Act. The partnership transformed Express, Inc. to buy Rag & Bone.

Wholesale 147

Wholesale Finance Fashion Brand Management 147

Retail TouchPoints

APRIL 24, 2023

Bed Bath & Beyond has filed for Chapter 11 bankruptcy protection and will implement an orderly wind-down of its businesses while “conducting a limited marketing process” to find one or more buyers for some or all of its assets.

Payment Services 258

Payment Services Finance Location Planning 258

Retail TouchPoints

NOVEMBER 30, 2021

She will assume her new role as Chairwoman on April 1, 2022. The new organizational structure also includes the development of a management committee made up of executives from different corporate and business areas. Ortega had ceded his role as the company’s Chairman in 2011 to long-time Inditex executive Pablo Isla.

Fashion 268

Fashion Finance Management ATS 268

Retail TouchPoints

SEPTEMBER 28, 2022

The hire follows a tumultuous first half of 2022, during which the company’s board was “reconstituted” in March, with the appointment of former Dollar General CEO Rick Dreiling as the Executive Chairman of Dollar Tree’s board, and the departure of five members of its C-suite in June. as its Chief Operating Officer.

Finance 271

Finance Management ATS Marketing 271

A1 Retail

SEPTEMBER 24, 2021

. Hitachi Capital Consumer Finance, a division of Hitachi Capital (UK) PLC, has announced that it will be rebranding under the new trading style of NOVUNA Consumer Finance by April 2022, while Hitachi Personal Finance will become NOVUNA Personal Finance.

Finance 59

Finance Consumer Point of Sale Customer Experience 59

Cisco Retail

MARCH 3, 2022

Many challenges lay ahead for financial services IT in 2022 and beyond. To help define the scope of finance services IT priorities, we have identified five key challenges that must be overcome to realize growth expectations. Time to market, productivity, and reputation, not to mention penalties and fines, must all be considered.

Accounting 136

Accounting Finance Planning Marketing 136

Small Biz Trends

JUNE 22, 2022

This could make it difficult for you to get the financing you need to grow your business. You can invest yourself or use discretionary investment management services from a professional money manager. Another way to hedge against inflation is to invest in the stock market. Higher interest rates. Real Estate.

Payment Services 98

Payment Services Returns Finance Planning 98

Retail Minded

AUGUST 31, 2022

It can be as simple as word of mouth, especially if you are in the neighbourhood lemonade business, but the bigger and more widespread your business, the more complex your advertising campaign will need to be to ensure the correct level of market penetration. Something for Nothing – Making Use of Free SEO Tools. It’s up to you.

Advertising 98

Advertising Promotions Marketing Target Market 98

Retail TouchPoints

OCTOBER 16, 2023

billion in new financing to ensure the company has enough liquidity to remain in operation throughout the proceedings. Rite Aid subsidiary Elixir Insurance , a pharmacy benefit manager, is not included in the Chapter 11 filing, but its specialty pharmacy counterpart Elixir Solutions is.

Finance 232

Finance Planning Management ATS 232

VMS

NOVEMBER 30, 2022

n 2022, inflation drove prices and interest rates higher. It’s certainly one of the reasons most retailers sought any opportunity to cut overhead – closing stores, releasing employees, trimming marketing budgets and technology investments, etc. Starbucks workers organized at many locations in 2022. In 2022, everything reversed.

Visual Merchandising 85

Visual Merchandising Drop-Shipping Loss Prevention Shipping 85

Retail TouchPoints

MAY 24, 2023

Unsurprisingly, this has dramatically changed the shopper marketing landscape, and as a result, retail brands are being forced to rethink how they interact with consumers. As a result, they are looking for retail brands that make juggling their finances and reduced downtime easier and more enjoyable. Where Does Customer Loyalty Lie?

Consumer 274

Consumer Marketing Finance Shopping 274

Inside Retail

MARCH 27, 2023

According to Eddy Han, general manager of ShopBack Malaysia, 2023 will be a year of growth for the brand. “We He went on to say that the company is encouraged by the 150 per cent year-over-year growth in retail spending that ShopBack garnered in Q4 2022 compared to Q4 2021, driven in large part by the success of its ShopBack PayLater service.

Merchant Services 130

Merchant Services Payment Services Marketing Spend Finance 130

Inside Retail

OCTOBER 25, 2022

A hammer blow to its finances. million) on its net income in 2022, given the high seasonality of the fourth quarter. They’ve already suffered in the huge Chinese market with revenue dropping over five consecutive quarters due to the contracting Chinese economy,” Porter said. Adidas founder Adi Dassler was a member.

Fashion 246

Fashion Finance Apparel Management 246

Retail TouchPoints

MARCH 28, 2022

And just how will they manage to do that? At the end of February 2022, the company made a significant mark on the Big Apple, opening a 7,974-square-foot flagship in SoHo. MINISO controls the entire value chain, from product design to marketing and sales. RTP: What are MINISO’s brick-and-mortar goals for 2022?

Planning 231

Planning Consumer Marketing Accounting 231

Inside Retail

DECEMBER 1, 2022

George has extensive experience and background in telecommunications, media and corporate finance. Booktopia’s strong market position and loyal customer base mean it has huge potential for further growth,” said George. L’Oreal India names new managing director. By Rakshnna Pattabiraman. Amit leaves a strong legacy to follow.

Telecommunications 130

Telecommunications Finance Advertising Management 130

Retail TouchPoints

JUNE 8, 2023

In fact, the sneaker resale market in the U.S. Heeling and Dealing The sneaker resale market is a lucrative industry. The market is driven by “sneakerheads” and resellers, often using bots to buy up large quantities of in-demand sneakers, leading to shortages for regular consumers.

Jewelry 251

Jewelry Accounting Fashion Returns 251

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. That’s arguably a sensible move, but if it leads to further neglect of the retail business it may cause further damage to market share,” Saunders warned.

Finance 130

Finance Management Marketing Consumer 130

Inside Retail

FEBRUARY 19, 2023

We made a few mistakes” Wesfarmers has attributed the losses primarily to a miscalculation around customer demand after Covid-19 restrictions were lifted in 2022. Managing director Nati Harpaz resigned in April 2020, followed in September 2020 by the executive head of marketplace Kalman Polak, who is now CEO at MySale.

Management 246

Management Finance Planning Accounting 246

Inside Retail

APRIL 3, 2023

This aspiration-led consumption boost has the potential to provide a material fillip to discretionary consumption in years to come,” said Priyanka Khandelwal, fund manager at ICICI Prudential Asset Management. In contrast, the broader Indian equity markets saw an outflow of $5.9 versus $212.9 They pumped in a net $2.7

Beauty and Health 130

Beauty and Health Payment Services Consumer Finance 130

Retail TouchPoints

DECEMBER 20, 2023

Over three -plus years, I have had the honor of speaking with industry pros who have rich backgrounds in tech, marketing and advertising, operations, finance and so much more. The Retail Remix podcast was developed to feature the founders, executives and practitioners shaping retail’s future.

Advertising 245

Advertising Store Operations Merchant Services Wholesale 245

Inside Retail

JANUARY 5, 2023

Nic Szerman lost his job at Meta Platforms in November, just two months after joining full-time, falling victim to a sweeping 13 per cent reduction of its workforce as the advertising market cratered. While overall venture capital (VC) financing fell 33% globally to about $483 billion in 2022, early-stage funding was robust, with $37.4

Payment Services 130

Payment Services Finance Advertising Returns 130

Inside Retail

FEBRUARY 27, 2024

In the last quarter of 2023, Macy’s posted a net loss of $71 million, down from profits of $508 million in the same period of 2022, with sales dropping 1.7 billion acquisition offer from an investor group, a proposition that the retailer ultimately rejected due to a lack of a viable financing plan. per cent from $8.12

Department Stores 130

Department Stores Location Finance Planning 130

Retail TouchPoints

NOVEMBER 29, 2023

Coresight also found that traffic at top-tier malls was up 12% in 2022 over pre-pandemic 2019 levels, while traffic was up 10% at non-top-tier malls. ahead of the same period in 2022. over the first half of 2022 and is now ahead of 2019 levels. over the first half of 2022 and is now ahead of 2019 levels.

Shopping 258

Shopping Kiosk Consumer Fulfillment 258

Mass Relators

OCTOBER 16, 2023

Senior Vice President of Corporate Finance Tom Cowhey has been appointed interim CFO, and Oak Street Health CEO Mike Pykosz has been named interim president of Health Services. Cowhey joined CVS Health in February of 2022. and before that spent more than a decade at Aetna in various strategy and finance roles.

Finance 52

Finance Management Marketing ATS 52

Small Biz Trends

MAY 26, 2022

It will teach you how to create simple graphics, email marketing, manage different social media accounts channels, create PayPal payment buttons, payment plans, and invoicing. How to Grow Your Virtual Assistant Business in 2022. Executive Assistants: Managing Client’s Calendar (Beginners).

Payment Services 137

Payment Services Management Finance Accounting 137