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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Shopping Center

DECEMBER 4, 2023

Voya Investment Management has provided $37.5 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 Commack, N.Y.

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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 TouchPoints

APRIL 10, 2024

As part of an agreement with activist investor Arkhouse Management , Macy’s Inc. Ric Clark and Rick Markee bring tremendous dealmaking experience to Macy’s board and will be instrumental in maximizing value for shareholders,” said Gavriel Kahane and Jonathon Blackwell, Managing Partners at Arkhouse in a statement. “As

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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. Here, managing director Irene Deutsch shares an insight into her own career journey, lessons learned from the past year and the ways the brand is staying relevant with the modern consumer.

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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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Inside Retail

SEPTEMBER 16, 2021

Managing money is a skill that transcends the boundaries of work and personal – what works well in one area applies equally well to the other. Hence why employers are increasingly looking to teach their staff – particularly younger ones – how to better manage money. Also look at their current role and future career.

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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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Inside Retail

JULY 18, 2023

Gucci’s president and CEO since 2015, Marco Bizzarri, is to leave the brand this September after serving at Kering Group for 18 years. Jean-François Palus, who currently holds the MD role at Kering, will succeed Bizzarri as Gucci’s new president and CEO for a transitional period.

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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 TouchPoints

MAY 10, 2024

will be great news for Irish customers, and we’re looking forward to opening its virtual doors in 2025,” said John Boumphrey, Ireland and UK Country Manager at Amazon in a statement. “The launch of Amazon.ie More than 1,000 Irish SMBs already sell on Amazon, generating over €150 million in export sales in 2022 alone.

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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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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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Retail TouchPoints

JULY 9, 2021

A Crisis at Traditional Retail. Online sales continue to explode, and many retailers are slow to the party upgrading old buildings into attractive, energy-efficient buildings that enhance the overall customer experience at retail. How is this managed? As we say at Budderfly, “You can’t manage what you don’t measure.”.

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Retail TouchPoints

FEBRUARY 21, 2024

Real estate investment firm Arkhouse Management has put forward a slate of nine nominees in an attempt to take control of the Macy’s, Inc. Arkhouse first put forward its takeover offer in conjunction with asset manager Brigade Capital in December 2023, offering to buy the company for $5.8 Target , Victoria’s Secret and Vitamin Shoppe.

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Retail TouchPoints

NOVEMBER 1, 2022

Amazon is offering its merchants a new financing option that gives marketplace sellers access to funds in the form of a cash advance on future sales. based businesses that have been selling on Amazon for at least three months, and will expand to hundreds of thousands of eligible sellers by early 2023.

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Inside Retail

MARCH 26, 2024

“The whole intention behind the operations team’s digital insights journey is to be able to give store teams the right information at the right time to make their jobs easier,” said Coles GM of finance, operations, and sustainability Rich Walker. In addition, the initiative provides intelligence for planning and rostering.

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Retail TouchPoints

APRIL 5, 2024

” Simoncic, who is also a Managing Director at consulting firm Alvarez & Marsal (A&M), will step down; fellow A&M Managing Director Chris Wells will take over as Chief Restructuring Officer to help facilitate the wind-down.

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Inside Retail

APRIL 10, 2024

million financing round, lifting the restaurant chain’s valuation to $1.725 billion. Four major investment funds (Cooper Investors, Hyperion Asset Management, Firetrail Investments and QVG Capital) have joined the GYG shareholder register. The latest Australian and overseas expansion plans were laid out at its 1H24 results.

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Shopping Center

JUNE 22, 2023

GreenLake Asset Management LLC has provided a $34.4 Development at the… The post GreenLake Provides $34.4 Million Financing for Retail Center in Shelton, Connecticut appeared first on Shopping Center Business. Shelton, Conn.

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Retail TouchPoints

OCTOBER 19, 2022

“As a result of Anne’s guidance through the pandemic, Nordstrom has the financial strength and flexibility to successfully manage through a changing environment,” said Erik Nordstrom, CEO of Nordstrom in a statement. Maher has more than 25 years of finance and accounting experience and joined Nordstrom in 2009 as controller.

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Retail TouchPoints

JANUARY 18, 2024

He will wear both hats until Target names a new finance chief. Fiddelke began his career as a consultant with Deloitte and joined Target as an intern in 2003 after earning an MBA at the Kellogg School of Management. Current COO John Mulligan announced his retirement plans in October 2023.

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365 Retail

JANUARY 8, 2024

Looking to improve your financial management? Smart financial management can improve your quality of life and help you build toward a bright future, but it is also one of the most challenging parts of adulthood. You should have an emergency fund with at least three months worth of expenses kept in an easy-access account.

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Retail TouchPoints

APRIL 24, 2024

The financing announced today gives us additional flexibility as we continue our focus on delivering extreme bargains and unmistakable value to our customers.”

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Inside Retail

MAY 8, 2024

Meg Zalewski, Rebel’s general manager of retail operations, is a strong advocate for making “lateral moves” to gain experience in different parts of the business, rather than getting stuck in a specific function. “The I have to have marketing, e-commerce, merch, planning, finance – thank God, I’m an accountant.

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Retail TouchPoints

MAY 18, 2023

Just nine months after taking on the dual role of Chief Financial Officer and Chief Operating Officer at Torrid , Tim Martin has resigned “to pursue other opportunities,” effective May 26, 2023. His responsibilities will be handled by other executives at the apparel, intimates and accessories retailer.

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Mass Relators

AUGUST 23, 2021

SpartanNash has promoted Tyler King to vice president of finance and finance business partner for the company’s 148-store retail business segment. King joined SpartanNash in 2007 as manager, retail inventory. He began his career at Borders Group, Inc. as associate director, Finance. GRAND RAPIDS, Mich.

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Retail Gazette

NOVEMBER 3, 2023

According to The Telegraph, it seems the German retail chain may also be at risk of calling in administrators. However, as the SportScheck owner scrambles to preserve cash, sources said that suppliers were hesitant to do business with the retailer and that management may need to call in administrators as early as Monday.

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Retail TouchPoints

APRIL 18, 2023

He will be tasked with implementing new technologies including a modern ERP platform, a headless ecommerce solution, new finance and operations planning tools and a new product lifecycle management platform. Stockstill has held high-level legal positions at Vans, Billabong and its portfolio of brands.

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Retail TouchPoints

SEPTEMBER 18, 2023

Dharmesh Mehta, VP of Worldwide Selling Partner Services at Amazon , is celebrating his 10th anniversary with the company this year, and so he kicked off the fourth annual Amazon Accelerate conference for sellers by comparing the differences between the ecommerce platform today and 10 years ago.

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Inside Retail

FEBRUARY 12, 2024

Current CEO and former banker and finance lawyer Matthew Kenny took on the role in 2020. The company is seeking an injunction to have Stuart and Samantha Cook “permanently restrained” from making statements about his role at Zambrero. A case management hearing on 7 February 2024 was adjourned.

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Inside Retail

FEBRUARY 26, 2024

The retail network grew to 1718 stores at the end of the half, with the addition of 12 net new BWS stores, four new Dan Murphy’s locations and one ‘The Cellar by Dan Murphy’s’ concept store. per cent, benefiting from the focus on cost optimisation and gross margin management. However, net profit after tax slid 3.6

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Inside Retail

FEBRUARY 12, 2024

Current CEO and former banker and finance lawyer Matthew Kenny took on the role in 2020. The company is seeking an injunction to have Stuart and Samantha Cook “permanently restrained” from making statements about his role at Zambrero. A case management hearing on 7 February 2024 was adjourned.

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Rangeme

JULY 1, 2021

Trade finance can help your company tackle these challenges and do business globally with success. Protecting cash flow with trade finance. Trade finance can play a vital role in preventing working capital shortages and equipping your company with the cash flow necessary to keep operations running smoothly. Don’t fret.

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Retail TouchPoints

AUGUST 26, 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. Garratt joined Dollar General in 2014 as SVP of Finance and Strategy and has served as EVP and CFO since December 2015.

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Cisco Retail

MARCH 15, 2022

The past months have shown an acceleration in managed services to support the shift from customers’ demand for IT services. Of the 302 channel partners surveyed by Canalys last month , 32 percent of respondents reported that managed services would represent more than 30% of their revenue in 2022. Phase 1: Implementation.

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