Retail TouchPoints

MARCH 27, 2023

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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Retail TouchPoints

OCTOBER 19, 2022

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. .

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Retail Minded

MARCH 29, 2024

For retailers looking to expand their operations, securing financing is a crucial step to fuel growth. Financing this growth remains a significant challenge for many retailers, from small boutiques to large chains. Financing this growth remains a significant challenge for many retailers, from small boutiques to large chains.

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Inside Retail

MARCH 26, 2023

After purchasing hundreds of millions of dollars worth of successful beauty brands and platforms, the business – valued at $860 million five years ago – is now worth about $36 million. The post BWX shares suspended from trading as lifeline financing sought appeared first on Inside Retail.

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Retail Wire

FEBRUARY 7, 2024

The torch is being passed on to Gary Millerchip, an experienced executive and former finance chief at Kroger. After a journey of nearly four decades, Costco's longstanding CFO, Richard Galanti, is preparing to step back from his role.

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Inside Retail

SEPTEMBER 6, 2022

Wesfarmers OneDigital GM of finance, Virginia Leaf, has won the Women Leaders in Retail CEW Scholarship, to study at Harvard Business School. The post Wesfarmers OneDigital finance chief Virginia Leaf off to Harvard appeared first on Inside Retail. We were delighted to partner with CEW to provide this scholarship.”.

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Retail TouchPoints

SEPTEMBER 9, 2022

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,

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Retail TouchPoints

JANUARY 8, 2021

Starbucks has promoted Rachel Ruggeri, currently SVP of Finance, Americas, to EVP and CFO. During her tenure at Starbucks, Ruggeri has held a variety of finance positions including VP of Corporate Financial Planning and Analysis, VP of Finance in support of the U.S. Business, and SVP of Finance for Global Retail.

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Retail TouchPoints

JUNE 30, 2022

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. Both appointments are effective immediately.

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Retail Gazette

JANUARY 2, 2024

Asda has raided Morrisons to bolster its leadership team, including the appointment of Matt Kelleher as its first ever chief digital officer Kelleher, who is currently CIO at Morrisons , will join its Leeds-based rival in July. ” Click here to sign up to Retail Gazette‘s free daily email newsletter

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Retail TouchPoints

MARCH 10, 2023

million in debtor-in-possession (DIP) financing from 1903 Partners LLC together with its affiliates, Gordon Brothers. Off-price home goods retailer Tuesday Morning , which filed for bankruptcy in February 2023 , has received $12.5 The additional funding brings Tuesday Morning’s DIP commitments to a total of $27 million.

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Retail Wire

JULY 22, 2022

Associated British Foods, the parent company of Primark, has said that Eoin Tonge will become its new finance director, Mr. Tonge, chief financial and strategy officer at Marks & Spencer, will join ABF by next February at the latest.

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Small Biz Trends

SEPTEMBER 7, 2022

If you’re like most small business owners, you’re always on the lookout for new small business financing options. In this article, we’ll explore 20 different financing options for small businesses such as traditional bank loans. What is Business Financing? Three Main Types of Financing for Businesses.

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Inside Retail

FEBRUARY 13, 2023

Partner at accounting firm Pitcher Partners Mark Harrison believes rising interest rates can also make it harder for retailers to obtain finance, as businesses are assessed as having a lower capacity to borrow funds. When we look at sales numbers, we saw quite a lot of money in the economy through the Covid-19 window.

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Retail TouchPoints

MAY 13, 2021

Saks.com has secured a new round of financing to back its growth strategy as it aims to take advantage of the continuing ecommerce boom and economic recovery. ” The asset-based revolving credit facility, undrawn at closing, remains available to Saks for general corporate purposes or growth initiatives.

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Small Biz Trends

SEPTEMBER 13, 2022

In this post, we’ll explore 15 different franchise financing options for small business owners. How Much Can Financing a Franchise Cost? Franchise loans are available from many different lenders, and they can be a great way to finance your franchise business. What Personal Assets Play a Role in Franchise Financing?

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Small Biz Trends

JULY 21, 2022

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.

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Retail Minded

MARCH 19, 2024

However, the financing process doesn’t have to obstruct your culinary vision. Financial institutions like Credibly Financing or a similar organization offer restaurant financing solutions that can be an accessible option for securing the necessary backing.

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Shopping Center

APRIL 16, 2024

million bridge loan to finance construction and leasing at North Reno Plaza, a shopping center located in Reno. Million Bridge Financing for Shopping Center in Reno, Nevada appeared first on Shopping Center Business. Gantry has secured a $12.7 The property is currently undergoing… The post Gantry Secures $12.7

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Small Biz Trends

JUNE 29, 2022

One option is to take out an equipment loan, which is a type of financing that allows you to purchase new or used business equipment by borrowing money from a lender. In this article, we’ll discuss financing for equipment, including how it works and what you need to know before you apply. What is Equipment Financing for Startups?

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Inside Retail

APRIL 8, 2021

Fine jewellery retailer Fairfax & Roberts has a long history of connecting with consumers at some of life’s biggest milestones. Inside Retail: You actually come from a finance background! I wouldn’t want to disrupt that at all. I also launched a bespoke luxury homewares line, which has been incredibly well received.

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Retail TouchPoints

MAY 18, 2021

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.

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Retail Gazette

MARCH 25, 2024

Selfridges has lost its second finance chief in four months amid growing uncertainty over the luxury department store’s future ownership. McCann joined Selfridges from professional services group EY, and at the time of her appointment said she had been “tempted away by an offer that was too good to refuse”.

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Retail Gazette

MARCH 15, 2024

Ann Summers chief financial officer John Boyle is retiring from the retailer after 11 years, as Kristina Moln-Page is promoted to finance director of the company. Moln-Page currently serves as head of finance of the business, having previously joined Ann Summers in May 2022 as strategic project consultant.

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Independent Retailer

OCTOBER 19, 2022

Determining the right mix of financing options comes down to having a deep understanding of your customer and your product set. Nearly half (46%) of consumers surveyed said they are more likely to purchase from retailers who offer a variety of financing options. by Mike Rittler. by Mike Rittler. The Federal Reserve and the U.S.

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Retail Minded

JANUARY 3, 2024

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.

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Shopping Center

FEBRUARY 26, 2024

Tenants at the property, which… The post BWE Secures $8 Million Acquisition Financing for Shopping Center in Central New York appeared first on Shopping Center Business. . — BWE has secured an $8 million loan for the acquisition of Freedom Plaza, a shopping center located in Rome in central New York.

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Retail Gazette

FEBRUARY 12, 2024

Matalan has hired Poundland finance director Dave Williams to replace its outgoing CFO Stephen Hill, who has stepped down after 23 years. Williams has spent the last five years at Poundland as its finance director, leading its property, legal and assurance functions, to support the discount chain’s rapid growth.

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Shopping Center

DECEMBER 4, 2023

million in bridge financing for Mayfair Shopping Center, a 221,000-square-foot retail property located in the Long Island community of Commack. Tenants at the… The post Voya Investment Management Provides $37.5 Million Financing for Long Island Shopping Center appeared first on Shopping Center Business. Commack, N.Y.

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Retail Gazette

DECEMBER 6, 2023

Poundstretcher has promoted its current finance director Tristan Phillips to be its new chief executive. Phillips, who was the previous head of finance at M&S between 2020 and 2022, joined the discount chain last autumn. He will succeed Derek Lawlor, who stepped down in May after 10 months in the role.

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Independent Retailer

JUNE 17, 2021

Clean financial records give you more pull with lenders and investors who are more likely to give you the best finance deal. The cost of equity financing by comparison is very high, especially when you are just starting out, because you have to give up a big chunk of ownership in your business. Tip #3: Bank Debt is Your Friend.

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365 Retail

JUNE 6, 2023

Novuna Consumer Finance, one of the UK’s leading retail point of sale providers, has partnered with home and garden experts Homebase to transform its credit offer in-store, providing customers with a range of flexible finance options to help them with their home improvement projects.

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Shopping Center

AUGUST 23, 2023

Concord Summit Capital has arranged a $42 million bridge loan for the financing of The Promenade at Sunset Walk—Margaritaville Resort, a retail center located in Kissimmee, roughly 22… The post Concord Summit Arranges $42 Million Financing for Retail Center in Florida appeared first on Shopping Center Business.

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Retail Dive

MARCH 11, 2024

The beverage maker said the $67 million in new financing will be used to grow distribution and accelerate product innovation.

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Retail TouchPoints

JUNE 7, 2022

Franchise Group has offered to acquire the retailer for $60 per share , which would value the company at approximately $8 billion. 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.

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Inside Retail

APRIL 10, 2024

But while labour and marketing budgets are typically the first to be put on the chopping block, retailers may be overlooking opportunities to reduce costs in the back end by automating everyday finance functions, such as accounts payable and accounts receivable. “I

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Retail TouchPoints

DECEMBER 20, 2023

Walmart will offer buy now, pay later (BNPL) options at self-checkout kiosks in more than 4,500 U.S. Indeed, until recently most BNPL offerings were relegated to the digital realm, but stores are widely seen as the next big area of expansion for this increasingly popular financing option. year over year.

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