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Lowe’s Promotes Finance Exec to CFO

Retail TouchPoints

Sink, currently SVP of Retail Finance at the retailer, will replace Dave Denton, who is departing to pursue another opportunity. His appointment reflects our succession planning process and the talent across our company. Lowe’s has promoted Brandon Sink to EVP and CFO, effective April 30, 2022.

Finance 254
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The benefits of financing your business growth

Inside Retail

Of course, a business shouldn’t use capital irresponsibly and spend without consideration, but establishing and growing a business does require money for inventory, marketing and advertising, staff costs, setting up internal systems and investing in growth. Common drivers to access finance. Access to cash whenever it’s needed.

Finance 246
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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 194
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Lidl finance chief steps down following £76m loss

Retail Gazette

Lidl UK finance boss Marco Di Costanzo has stepped down from his role, following a £76m loss from the discounter. The news comes as Lidl continues its aggressive expansion plan, having recently launched its biggest ever warehouse in Luton, costing £300m. Normally it’s the chief executive who has to leave.”

Finance 99
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Lateral moves are the secret path to the CEO role – here’s how to make them

Inside Retail

I have to have marketing, e-commerce, merch, planning, finance – thank God, I’m an accountant. Zalewski is open about her long-term goals and has planned her career accordingly, but she admits it can be difficult to find employers willing to support these lateral moves. I’ll learn something,’” she said.

Finance 147
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Why UK Retailers Should Save Some of Their Christmas Marketing Spend for Chinese New Year

Retail TouchPoints

Retailers naturally plan a lot of spend around this, with extra staff and extra marketing. This means that marketing spend aimed at these high-spending visitors over Christmas is likely to get less return than usual. Consider collaborating with an influential Chinese influencer to really amplify your visibility to this market.

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Financing Your Retail Business In 2024 — Eight Tips & Best Practices

Retail Minded

At the same time, you need to greet and meet every customer’s need and answer the lifestyle wants of your market as a whole. When your customers can easily associate your brand or company name with almost anything they see, then you’re somewhere at the top of the market and investment charts.

Finance 52