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‘Cash or Card?’: Why More Financing Choices Drive Consumers’ Decisions on Which Retailers to Shop

Retail TouchPoints

A recent study of more than 4,700 consumers from Bread Financial indicates payment choices — including retail store credit cards, bank branded credit cards and buy now, pay later (BNPL) — at checkout have become a major factor in pleasing shoppers and closing a sale. Is it Great Service or Great Financing Options?

Finance 265
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Coles has plan to enhance customer experience through AI

Inside Retail

In addition, the initiative provides intelligence for planning and rostering. “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.

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Qurate Retail Names Finance Veteran as Permanent CFO

Retail TouchPoints

Wafford was most recently CFO at the digitally native apparel brand Everlane , and he also has held that title at companies including JCPenney, The Vitamin Shoppe and Thrasio. His experience also includes serving as Partner at KPMG and holding finance roles at Walgreens Boots Alliance, Target and Archstone Consulting.

Finance 242
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John Lewis Partnership finance boss Bérangère Michel resigns

Retail Gazette

John Lewis executive finance director Bérangère Michel has resigned from the Partnership after 16 years. I have loved every moment of my time in both Waitrose and John Lewis and am extremely grateful for a varied, exciting and impactful career across supply chain, shops, finance and many other teams.

Finance 118
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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. Prior to his time with Lowe’s, Sink worked at Deloitte and Nucor Corporation.

Finance 249
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BWX shares suspended from trading as lifeline financing sought

Inside Retail

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 refinancing will allow the company to execute its restructuring plans, address its inventory rundown and continue the sale of its major non-core assets.

Finance 246
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Fueling Retail Expansion: Exploring Financing Options For Business Growth

Retail Minded

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.

Finance 95