Retail TouchPoints

SEPTEMBER 19, 2023

With Salesforce’s 2023 holiday predictions forecasting that BOPIS (buying items online for in-store or curbside pickup) will influence $28 billion in incremental sales during the holiday season, retailers seeking to capitalize on this revenue opportunity need to ensure their store operations and inventory management practices are up to par.

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Store Operations Shipping Fulfillment Store Layout 252

Retail TouchPoints

MARCH 26, 2024

The retailer also has changed its management structure, consolidating responsibilities among its top executives: Carrie Baker, President, Brand and Commercial, will expand her role to oversee Design and will continue to partner closely with Reiss on creative, product and brand evolution; Beth Clymer, President of Finance, Strategy and Administration, (..)

Finance 239

Finance Location Management Store Operations 239

Retail TouchPoints

JANUARY 13, 2023

The sale is part of an agreement that FORMA’s parent company, FB Debt Financing Guarantor, reached with an entity controlled by the agent under FORMA Brands’ existing secured debt. These lenders include Jefferies Finance and funds managed by Cerberus Capital Management and FB Intermediate Holdings.

Wholesale 263

Wholesale Finance Promotions Planning 263

Retail TouchPoints

MAY 18, 2023

Paula Dempsey, SVP of Finance and Investor Relations, will take on the role of interim CFO until a permanent successor is named. She has extensive retail experience, most recently as SVP of Corporate Finance for Mattress Firm , which was purchased by Tempur Sealy earlier this month.

Finance 209

Finance Accessories Apparel Management 209

Inside Retail

OCTOBER 5, 2023

Goldberger will work directly with president and COO Clark Linstone, chief marketing officer David Luebke, SVP of store operations Terre Wellington, other leaders of Lamps Plus, and team members from Nexus Capital Management. He formerly worked for Lockton Companies, a privately held insurance broker, as director of finance.

Outdoor 130

Outdoor Finance Accounting Accessories 130

Retail TouchPoints

APRIL 18, 2023

Bryan Muehlberger, previously CIO of The Beachbody Company and Red Bull , will oversee all digital and information technology as Vuori’s CIO, including digital commerce and retail store technology.

Finance 326

Finance Fulfillment Planning Management 326

Retail TouchPoints

JULY 1, 2022

Enjoy will continue operating throughout the bankruptcy process but will wind down its operations in the UK, according to an SEC filing. To fund its operations throughout the Chapter 11 proceedings, Enjoy has received a $2.5 million bridge loan and a financing commitment of $55 million from tech services company A s urion.

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Telecommunications Finance Store Operations Consumer 299

Retail TouchPoints

MAY 3, 2021

Roe will have responsibility for all finance functions and lead the retailer’s Strategy and Consumer Insights teams. for 25 years in positions including VP, Controller and Chief Accounting Officer; VP of Finance for the Jeanswear and Imagewear Coalitions; and CFO of the International Business. Tapestry has named Scott A.

Finance 259

Finance Apparel Accounting Promotions 259

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.

Promotions 228

Promotions Finance Accounting Management 228

Retail TouchPoints

OCTOBER 27, 2022

Computer vision company Trigo has raised $100 million in a new equity financing round. enter new geographies and develop its store and inventory management software application suite, StoreOS. The solution provider will use the funding to scale deployment of autonomous urban supermarkets across Europe and the U.S.,

Checkout 255

Checkout Inventory Management Supermarket Finance 255

Retail TouchPoints

FEBRUARY 27, 2024

This article delves into the evolving threat landscape, examining the impact of these disruptions on retail operations and exploring proactive measures for safeguarding businesses, customer data and reputations. She has worked with several global companies focusing on risk management strategy. Mary’s College of California.

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Payment Services Wholesale Store Layout Inventory Management 246

Retail TouchPoints

JUNE 7, 2022

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. Backing for the deal reportedly came from investment firm Vintage Capital Management LLC, which has a 12.3%

Home Furnishings 218

Home Furnishings Finance ATS Management 218

Retail TouchPoints

MAY 2, 2023

The off-price retailer also obtained a commitment from Invictus Global Management to provide $51.5 million of debtor-in-possession financing to support ongoing operations during the 2023 proceedings — which led to Invictus opposing its plan to go out of business entirely.

Merchant Services 210

Merchant Services Finance Location Planning 210

Retail TouchPoints

DECEMBER 20, 2023

Over three -plus years, I have had the honor of speaking with industry pros who have rich backgrounds in tech, marketing and advertising, operations, finance and so much more. The Retail Remix podcast was developed to feature the founders, executives and practitioners shaping retail’s future.

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Advertising Store Operations Merchant Services Wholesale 230

Retail TouchPoints

MARCH 29, 2023

Mitchell will lead the stores, technology and supply chain teams in addition to his current real estate and finance responsibilities. Prior to joining Macy’s, Mitchell advised retailers as a Managing Director and Partner at Boston Consulting Group and was CEO of home furnishings retailer Arhaus LLC.

Planning 243

Planning Home Furnishings Finance Management 243

Retail TouchPoints

APRIL 25, 2022

Rite Aid has rejected a non-binding off-market proposal from Spear Point Capital Management to acquire the company for $3.6 Rite Aid’s concerns included that the Spear Point proposal provided no evidence of financing, required multiple months of exclusivity and then called for Rite Aid to spend months soliciting competing offers.

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Finance Management Planning Marketing 242

Retail TouchPoints

NOVEMBER 17, 2020

The RSA transaction will be supported by up to $165 million in new equity investments from a fund managed by the Ares Management, the Carlyle Group and Brigade Capital Management. Additionally, Guitar Center has negotiated $375 million in Debtor-In-Possession financing and plans to raise $335 million in new senior secured notes.

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Planning Finance Shipping Management 163

Retail TouchPoints

FEBRUARY 15, 2023

The off-price retailer also has obtained a commitment from Invictus Global Management to provide $51.5 million of debtor-in-possession financing to support ongoing operations during the proceedings.

Finance 237

Finance Marketing Management Store Operations 237

Retail TouchPoints

AUGUST 14, 2023

In its report, Transforming Operations Management For A Digital World , McKinsey discusses a bank’s investment in digitization and the operational changes required to succeed. Operational adjustments to the workforce, training programs and internal processes are needed to set up for success.

Payment Services 202

Payment Services Checkout Inventory Management Grocer 202

Retail TouchPoints

JANUARY 25, 2021

The retailer’s new owners plan to continue operating its corporate offices and will keep its management team and nearly all employees on board, according to The Wall Street Journal. Francesca’s entered into a $110 million loan credit agreement with Tiger Finance in August 2019 to enable a turnaround without the need for bankruptcy.

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Finance Accessories Location Planning 236

Retail TouchPoints

APRIL 24, 2023

The retailer has received a commitment of approximately $240 million in debtor-in-possession financing from Sixth Street Specialty Lending to provide the necessary liquidity to support operations during the Chapter 11 process.

Payment Services 244

Payment Services Finance Location Planning 244

Retail TouchPoints

JULY 6, 2020

Lucky Brand has received new financing commitments from certain of its existing lenders that will provide sufficient liquidity to fund the business through the closing of the sale,” the company said. million in debtor-in-possession financing, according to bankruptcy filings. “We Lucky Brand has obtained $15.6

Finance 188

Finance Wholesale Apparel Planning 188

Retail TouchPoints

AUGUST 7, 2020

This includes virus case counts, in-store retail traffic and how the two intersect. His experience includes strategic planning and analysis, direction of store finance and store operations, store systems integration and project management, store sales and management, training design and merchandising.

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Store Operations Consumer Finance Apparel 260

Mass Relators

SEPTEMBER 12, 2022

The 53-year-old Garratt will remain responsible for the company’s finance, accounting, strategy and procurement functions. Garratt joined Dollar General in 2014 as senior vice president of finance and strategy and has served as executive vice president and CFO since 2015.

Promotions 52

Promotions Store Operations Finance Management 52

Retail TouchPoints

APRIL 16, 2021

The group of investors — which include Macellum Advisors GP, Ancora Holdings, Legion Partners Asset Management and 4010 Capital — collectively own 9.3% She also has served as CMO of Denny’s and El Pollo Loco, and held several management positions at Taco Bell and PepsiCo. of Kohl’s stock. Kingsbury will join this committee.

Finance 163

Finance Wholesale Apparel Fashion 163

Mass Relators

MARCH 31, 2024

In this role, she will continue to support DG’s store operations team, which now encompasses more than 20,000 retail stores including pOpshelf and Mexico. Amanda Mathis has joined Dollar General as senior vice president, finance. . — Dollar General has promoted 18 executives to new roles at the company.

Promotions 52

Promotions Merchant Services Planning Beauty and Health 52

Retail TouchPoints

AUGUST 9, 2023

Prioritizing pedestrians, implementing comprehensive parking management strategies and integrating diverse transportation alternatives are essential steps toward rejuvenating downtown areas and making them thriving centers of commerce and community. in real estate transactions, particularly in the South Florida market.

Planning 223

Planning Promotions Outdoor Finance 223

Retail TouchPoints

JUNE 25, 2020

Macy’s will reduce its corporate and management headcount by approximately 3,900 people as part of a cost restructuring expected to save approximately $365 million in fiscal 2020 and $630 million on an annualized basis. billion in new financing will also make us a more stable, flexible company.”.

Department Stores 167

Department Stores Finance Returns Management 167

Retail TouchPoints

FEBRUARY 7, 2024

The digitization of brick-and-mortar stores is nothing new, but up until recently it has primarily been focused on surfaces in the store that are already digital: point-of-sale systems or back-of-house tasks like inventory management. PVH x RetailNext and MarketDial PVH Corp.

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Point of Sale Promotions Inventory Management Grocer 243

Retail TouchPoints

MAY 4, 2022

Staff members are required to tolerate all of the store’s noise and acoustics — both good and bad — which can potentially lead to increased levels of discomfort. In-store staff are the public face of the retail company with varying duties and responsibilities like interacting with customers, handling finances and carrying out stock control.

Shopping 264

Shopping Finance Supermarket Management 264

Small Biz Trends

DECEMBER 6, 2022

Sale POS systems may also have additional functionality, including payroll, employee management, and customer tools such as loyalty programs. POS systems also offer finance and accounting data, such as custom dashboards, for greater oversight of business performance. Best Overall Point of Sale Systems. Brilliant POS. Lightspeed.

Point of Sale 115

Point of Sale Payment Services Merchant Services Inventory Management 115

Retail TouchPoints

APRIL 13, 2022

Many people in finance and retail considered 2021 the “year of the cryptocurrency.” Another major sign of broad usage and acceptance came with Walmart’s move to offer Bitcoin purchasing and selling through Bitcoin ATMs in 200 of its store locations.

Payment Services 221

Payment Services Finance Location Consumer 221

Inside Retail

OCTOBER 14, 2021

After 12 years at the helm of jewellery retailer Lovisa, Shane Fallscheer has stepped down from his role as chief executive and managing director, effective October 14. Woolworths Group has named Annette Karantoni as chief supply chain officer and managing director of its supply-chain arm Primary Connect. Asos CEO, chairman step down.

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Fast Fashion Management Outdoor Finance 130

Retail TouchPoints

DECEMBER 7, 2020

including as the Director of Corporate Store Operations and Finance. Field has spent nearly four decades in the industry, and his experience includes: store sales and management, training, merchandising, strategic planning and analysis for brands as diverse as David’s Bridal, Circuit City and Macy’s.

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Drop-Shipping Shipping Store Operations Shopping 184

Mass Relators

JANUARY 18, 2024

He then attended Kellogg School of Management, where he earned his MBA and joined Target as an intern in 2003. Since that time, he has held a variety of leadership positions across the organization, including finance, merchandising, human resources and store operations.

Finance 52

Finance Accessories Apparel Fulfillment 52

Mass Relators

APRIL 13, 2023

Organized retail crime has been a major concern for the retail industry for decades, endangering store employees and customers, disrupting store operations and inflicting billions in financial loss for retailers and the communities they serve,” NRF president and CEO Matthew Shay said.

Finance 52

Finance Store Operations Planning Management 52

365 Retail

SEPTEMBER 15, 2021

Secret Sales has hired an elite senior leadership team to drive rapid growth, as the company expands both domestic and international operations. Department store digital pioneer Fiona Lay has been appointed as Digital Director. Lucy Malcolm Green has been appointed as Head of Digital Merchandising.

Fashion 63

Fashion Department Stores Finance Customer Experience 63