Remove 2022 Remove Finance Remove Management Remove Returns
article thumbnail

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. Sink will work closely with Denton during the transition phase.

Finance 254
article thumbnail

Serial Returners and Refund Fraudsters: How Brands are Fighting Back With Data Insight

Retail TouchPoints

Online return fraud cost U.S. billion in 2022. For every $100 in returned merchandise accepted, U.S. to return fraud, the NRF has calculated. Serial returners’ are shoppers who deliberately buy several items knowing full well they won’t keep some of them. retailers $22.8 retailers lose $10.40

Returns 241
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Amazon to Launch Ireland Online Store in 2025

Retail TouchPoints

Amazon , which already has a significant physical presence in Ireland via the Dublin fulfillment center it opened in 2022, will now have a country-specific online presence on the Emerald Isle. More than 1,000 Irish SMBs already sell on Amazon, generating over €150 million in export sales in 2022 alone. The launch of Amazon.ie

article thumbnail

Big Lots Boosts Liquidity with $200 Million Loan Facility

Retail TouchPoints

billion for FY 2022 to $4.7 We remain fully committed to improving our results and returning the company to health and prosperity,” said Jonathan Ramsden, Chief Financial and Administrative Officer of Big Lots in a statement. “We Net sales declined 13.6% , falling from $5.5 billion for FY 2023.

Finance 204
article thumbnail

What Is Purchase Order Financing?

Small Biz Trends

If it does, then purchase order financing or PO financing is just the solution to quickly get the much-needed money to fulfill those orders. In this article, you will learn what purchase order financing exactly is, how it works, and the top purchase order financing companies, let’s dive in.

Finance 111
article thumbnail

Tuesday Morning to End Operations After 49 Years

Retail TouchPoints

The off-price retailer also obtained a commitment from Invictus Global Management to provide $51.5 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. 1, 2022, saw net sales of $157.1 compared to Q1 2022.

article thumbnail

Meta, Amex and TikTok Offer Holiday Help to Small Businesses

Retail TouchPoints

Meta also will highlight businesses from its Meta Business Leaders Network in the new 2022 Smalliday Showcase gift guide, and provide small businesses with advice on advertising effectively with its SMB Holiday Marketing Guide. The new Square-specific Amex credit card, which will be powered by i2c Inc. small business owners.