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Navigating The Loan Process: Tips For Securing Restaurant Financing 

Retail Minded

Between crafting an investor-worthy business plan, providing robust financial projections, and competing against other inspiring ventures, securing backing may seem an insurmountable challenge. However, the financing process doesn’t have to obstruct your culinary vision.

Finance 52
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Big Lots Plans to Open 500 New Stores, Increase Annual Sales to $8-10 Billion

Retail TouchPoints

Home discount retailer Big Lots is returning to expansion mode after more than a decade of flat store growth, with plans to open as many as 500 new stores in the next six to seven years. The off-price chain plans to open approximately 50 net new stores this year, and ramp up the pace of expansion to about 80 stores per year thereafter.

Planning 182
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Bed Bath & Beyond to Close 150 Stores, Cut 20% of Workforce

Retail TouchPoints

The retailer has begun shuttering 150 lower-producing Bed Bath & Beyond stores and plans to cut its workforce by approximately 20% across the corporate and supply chain divisions. The retailer also has cut capital expenditure plans down to approximately $250 million from its original $400 million budget for this period.

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Clean Data, Clean Planet: How Online Retailers can use Data Analytics to Reduce Their Carbon Footprint

Retail TouchPoints

Inflation has tightened margins and supply chain issues have caused havoc with inventory planning. For example, a UK-based business with traction in Europe should consider warehousing stock in Germany, Poland or the Netherlands to shorten the fulfillment process. Third-Party Logistics Providers (3PL) and Fulfillment of Product.

Shipping 229
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Retail and Healthcare: A Relationship that Today’s Technology can Promote, Strengthen and Expand

Retail TouchPoints

In these cases, retailers may need to infuse more empathetic messaging to those with higher balances and offer targeted and tailored payment plans or even patient financing. This process can be configured according to retailers’ needs so the gathered information precisely fulfills specific data requirements.

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How Toys ‘R’ Us aims to bring joy and wonder back to the brand

Inside Retail

Here, she discusses her philosophy for finding and managing good people, the global company’s sprawling plans for expansion, the importance of an exciting customer experience in toy stores, and more. IR : Can you discuss Toys ‘R’ Us’ store expansion plans across Australia, as well as international growth plans?

Planning 246
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Multi-channel Commerce in Retail

Cisco Retail

Consumers demanded the ability to purchase online and return in-store, and retailers responded by putting processes in place that offered those options. Buying online and returning in-store is only one of many possible combinations of the online/offline shopping journey. Purchasing and Fulfillment. Service and Support.