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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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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Inside Retail

OCTOBER 20, 2021

And when a business can demonstrate its potential future strength, it can access outside finance which may provide more capital than the business might have otherwise had to invest in growth. In this article, we outline the benefits of financing your business growth through non-bank lending channels. Common drivers to access finance.

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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. The agenda is designed to hit on all the core issues surrounding this space, from cybersecurity to finance and customer experience.

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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 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

MARCH 26, 2023

The post BWX shares suspended from trading as lifeline financing sought appeared first on Inside Retail. Discussions are underway between the company, its lenders and various parties who may provide debt/or equity funding.

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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

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 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

Subscribe to Retail Gazette for free Sign up here to g et the latest news straight into your inbox each morning The grocer has also poached Morrisons commercial finance director Atheeq Akbar, who will join Asda as VP, commercial finance in June and will report into CFO Michael Gleeson, who also joined from Morrisons last year.

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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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Retail Dive

JANUARY 29, 2024

The retailer, which earlier this month named a new CEO, said the additional financing will support its repositioning efforts.

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Finance 124

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. The post From stock levels to financing: How interest rate hikes impact retail appeared first on Inside Retail.

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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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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 luxury ecommerce platform has closed on a syndicated $350 million asset-based five-year revolving credit facility arranged by Bank of America, N.A.,

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Retail Dive

DECEMBER 15, 2023

The retailer's Brooklyn landlord objected to its proposed DIP financing, alleging Showfields has insiders involved with the lender. Meanwhile, the CEO said the company is working on "reaching a resolution" with creditors.

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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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Small Biz Trends

JULY 19, 2022

If you’re also struggling to stay afloat due to piled-up accounts receivable, you can opt for accounts receivable financing to improve cash flow in your company. What Is Accounts Receivable Financing? Accounts receivable financing should not be confused with invoice factoring. How Does Accounts Receivable Financing Work?

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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 Gazette

JANUARY 11, 2024

He will be replaced by Simon Luscombe, who has been the retailer’s director of finance the last seven years. Subscribe to Retail Gazette for free Sign up here to g et the latest news straight into your inbox each morning Prior to Homebase, Luscombe worked in the finance department of fashion retailer Hobbs between 2007 and 2017.

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Shopping Center

APRIL 17, 2024

Million Acquisition Financing for Retail Center in Metro Los Angeles appeared first on Shopping Center Business. . — Calmwater Capital has provided a $12.3 million loan for the acquisition and renovation of Western Plaza, a retail center located in Rancho Palos Verdes, roughly 30… The post Calmwater Capital Provides $12.3

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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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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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Shopping Center

APRIL 11, 2024

million in post-acquisition financing for the recapitalization of the purchase of La Canada Flintridge Town Center in Los Angeles. Million in Financing for La Canada Flintridge Town Center in Los Angeles appeared first on Shopping Center Business. Los Angeles — CBRE has secured $36.4

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Shopping Center

JANUARY 26, 2024

Million Financing for Delray Corner Shopping Center in South Florida appeared first on Shopping Center Business. . — Berta Management has secured an $18.5 million loan for the refinancing of Delray Corner, an 86,043-square-foot shopping center located in Delray Beach.

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Retail Gazette

DECEMBER 27, 2023

Lidl UK finance boss Marco Di Costanzo has stepped down from his role, following a £76m loss from the discounter. The executive leaves after two years in the position, and is understood to be taking on a new role under Lidl’s parent company, Schwarz Group, after a successor is appointed.

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Inside Retail

APRIL 8, 2021

Inside Retail: You actually come from a finance background! The post From finance to fine jewellery: Q&A with Fairfax & Roberts MD appeared first on Inside Retail. What made you want to enter a whole new sector and what were some of the great skills that you brought to it?

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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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Shopping Center

MARCH 1, 2024

million in financing for two shopping centers in New Jersey. Andrew Stewart, Dev Morris and Allison Villamagna arranged the financing… The post Cronheim Secures $17.5 Million Financing for Two Shopping Centers in New Jersey appeared first on Shopping Center Business. East Windsor and Garwood, N.J.

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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. Preetha McCann is understood to have quit as the retailer’s chief financial officer earlier this month to take up a role elsewhere, The Telegraph reported.

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Shopping Center

MARCH 12, 2024

Pacific Equity Partners has received $135 million in financing for Cross Creek Ranch, a 122,324-square-foot mixed-used property in Malibu. Malibu, Calif.

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Retail Times

MARCH 18, 2024

From unexpected costs to sales that go up and down, it’s tough to keep finances on track. Traditional financing makes things worse, with slow processes and strict rules that leave businesses feeling stuck. In the fast-paced world of retail, managing cashflow can be a real maze.

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Retail Wire

MAY 2, 2023

Bankers running the sale of Subway have given private equity firms looking to acquire the sandwich chain a $5 billion financing plan to make it happen. Final bidders for the chain include Bain Capital, TPG, Advent International, TDR Capital, Goldman Sachs and Roark Capital. Some of the firms are holding talks about fielding a joint bid.

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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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