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 250

Wholesale Finance Promotions Planning 250

Mass Relators

DECEMBER 27, 2021

Ingles Markets Inc. vice president of finance and chief financial officer Ronald Freeman is retiring from the grocery store operator, effective February 16. The post Ingles Markets CFO Ron Freeman to retire appeared first on MMR: Mass Market Retailers. ASHEVILLE, N.C. This is an annual rate of $0.66

Marketing 52

Marketing Finance Supermarket Store Operations 52

Retail TouchPoints

AUGUST 8, 2023

“Starting college is exciting for incoming freshmen, but that excitement is accompanied by anxiety and worry for both students and their parents, especially regarding finances and safety,” said Samantha Avivi, Chief Marketing Officer at Advance in a statement.

Finance 222

Finance Marketing Store Operations ATS 222

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 215

Promotions Finance Accounting Management 215

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. Franchise Group has offered to acquire the retailer for $60 per share , which would value the company at approximately $8 billion.

Home Furnishings 207

Home Furnishings Finance ATS Management 207

Retail TouchPoints

MAY 10, 2021

Chang will set and drive PacSun’s brand strategy, including design, merchandising, marketing, retail and ecommerce. Relich will oversee operations, including sourcing/supply chain, distribution, planning and allocation, IT, finance, legal and human resources. Both will serve on the company’s Board of Directors.

Specialty Retailers 247

Specialty Retailers Finance Promotions Marketing 247

Retail TouchPoints

FEBRUARY 15, 2023

million of debtor-in-possession financing to support ongoing operations during the proceedings. The restructuring process will enable Tuesday Morning to optimize its store footprint and focus on its “core and heritage markets.”

Finance 224

Finance Marketing Management Store Operations 224

Retail TouchPoints

MAY 27, 2020

However, the complete halt of store operations for two months put the company in a financial position that can be effectively addressed only through a reorganization in Chapter 11.”. The retailer has secured $100 million in debtor-in-possession financing to continue operating during the restructuring process.

Merchant Services 148

Merchant Services Planning Finance Store Operations 148

Retail TouchPoints

DECEMBER 28, 2021

Separately, the 2020 Small Business Credit survey, fielded in Q3 and Q4 of 2020, showed bank financing varies significantly based on owner race and ethnicity. Most of the Cox-surveyed minority businesses owners are hopeful business will improve and finances will be sound. In 2020, there were approximately 31.7

Payment Services 268

Payment Services Finance Marketing Promotions 268

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.

Finance 229

Finance Management Planning Marketing 229

Retail TouchPoints

APRIL 24, 2023

Bed Bath & Beyond has filed for Chapter 11 bankruptcy protection and will implement an orderly wind-down of its businesses while “conducting a limited marketing process” to find one or more buyers for some or all of its assets.

Payment Services 230

Payment Services Finance Location Planning 230

Retail TouchPoints

FEBRUARY 27, 2024

While the report primarily focuses on how AI can optimize store layouts and marketing strategies, there is an underlying message on data security. The report discusses how digital solutions like AI and machine learning not only enhance operational efficiency but also fortify cybersecurity measures.

Payment Services 233

Payment Services Wholesale Store Layout Inventory Management 233

Retail TouchPoints

AUGUST 14, 2023

Operational adjustments to the workforce, training programs and internal processes are needed to set up for success. Turning Insights into Action The first step is to establish an internal task force comprised of technology, business, finance and operations representatives.

Payment Services 189

Payment Services Checkout Inventory Management Grocer 189

Inside Retail

MARCH 30, 2023

Adrian Mitchell, Macy’s chief financial officer since November 2020, will become chief operating officer and oversee the company’s store operations, technology and supply chains. Before joining Metcash, Ramage was with Coles Liquor, where he held several roles across marketing, merchandise, operations and business development.

Department Stores 130

Department Stores Finance Returns Supermarket 130

Retail TouchPoints

AUGUST 31, 2022

Bed Bath & Beyond, which secured a $375 million loan last week, has received additional financing commitments of more than $500 million and a newly expanded $1.13 We command a special presence in the Home and Baby markets, and we intend to fulfill our opportunity to be the category retailer of choice.”.

Customer Retention 248

Customer Retention Finance Fulfillment Planning 248

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. She was named to the Mass Market Retailers Most Influential Women lists in 2022 and 2024. Amanda Mathis has joined Dollar General as senior vice president, finance.

Promotions 52

Promotions Merchant Services Planning Beauty and Health 52

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

MARCH 1, 2024

She left a prestigious Wall Street position to start the company; similarly, Ken left a career in finance to join the company in 2007. Vertical Integration Enhances Natori’s Flexibility Natori was founded by Ken’s mother Josie Natori, who remains the company’s CEO and Chief Creative Officer. (It

Department Stores 202

Department Stores Wholesale Finance Apparel 202

Retail TouchPoints

JANUARY 12, 2022

The retailer unveiled its plans at a recent investor meeting and said it will target “under-penetrated geographies” for the new locations, in particular rural and small-town markets.

Planning 182

Planning Checkout Finance Returns 182

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. It’s a fast-growing market, with estimates stating it will reach $3.55

Payment Services 209

Payment Services Finance Location Consumer 209

Retail TouchPoints

AUGUST 9, 2023

The revenue generated was strategically reinvested into a comprehensive range of enhanced services, including security, sanitation, arts support, events, marketing, parking and advocacy. Events and inventive marketing strategies were meticulously organized to promote the district’s vibrant atmosphere and attract more visitors.

Planning 210

Planning Promotions Outdoor Finance 210

Retail TouchPoints

JUNE 10, 2022

In simple terms, a war room represents a focused effort for the entire organization to bring all stakeholders — merchandising, finance, store operations and marketing, among others — together, raising the visibility of the most critical issues to the executive team so that the company can develop a coordinated response.

Merchant Services 191

Merchant Services Promotions Wholesale Finance 191

Retail TouchPoints

JUNE 22, 2020

Major malls and the retailers within them have suffered financial devastation for months as COVID-19 shutdowns prevented them from doing business — sometimes pitting two parties struggling with finances against one another. One case in point is playing out with mall operator Brookfield Property Partners and Gap Inc.

Payment Services 186

Payment Services Kiosk Finance Location 186

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.

Point of Sale 230

Point of Sale Promotions Inventory Management Grocer 230

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 250

Shopping Finance Supermarket Management 250

Retail TouchPoints

JULY 9, 2021

Engaging with specialists to finance, upgrade and monitor energy-using systems has been a transformative factor across categories, from big brands like AT&T and KFC to smaller shops and facilities of all kinds. Subbloie is passionate about creating highly successful, disruptive go-to-market growth models. .

Management 262

Management Accounting Customer Experience Finance 262

Mass Relators

APRIL 17, 2023

Joseph’s food marketing students as an integral part of their education. The day that Conant spoke, participants had a chance to hear Tom McAloon, senior vice president of store operations at Dollar Tree, on finance; Confluencer Commerce founder and CEO Bryan Gildenberg on the future of retailing; and St.

Wholesale 40

Wholesale Finance Store Operations Marketing 40

Mass Relators

JANUARY 18, 2024

Since that time, he has held a variety of leadership positions across the organization, including finance, merchandising, human resources and store operations. The post Target names Michael Fiddelke COO appeared first on MMR: Mass Market Retailers.

Finance 52

Finance Accessories Apparel Fulfillment 52

Retail TouchPoints

JUNE 4, 2020

The COVID-19 pandemic brought into sharp focus which retailers were better prepared to weather massive market disruption and which were not. The retailers that can win over the largest customer base, and market and sell to them effectively, will be the winners. Erik Morton is SVP, Product and Strategy at CommerceHub.

Drop-Shipping 234

Drop-Shipping Shipping Customer Experience Finance 234

Inside Retail

OCTOBER 14, 2021

“Victor is an exceptional retailer with proven achievements in global markets and is the ideal person to continue to take Lovisa forward.”. She has also held senior roles in supermarkets buying, marketing and replenishment. Brett Blundy, chairman of Lovisa, thanked Fallscheer for his leadership over the past decade. “He

Fast Fashion 130

Fast Fashion Management Outdoor Finance 130

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

Inside Retail

FEBRUARY 27, 2023

Social media marketing in particular has grown in terms of its reach and impact, with an estimated 75 per cent of internet users reporting that they use social media to research products prior to purchase, either online or in-store. The retailer’s website is merely the start of a customer’s shopping journey today.

Payment Services 130

Payment Services Social Commerce Promotions Department Stores 130

Small Biz Trends

DECEMBER 6, 2022

POS systems also offer finance and accounting data, such as custom dashboards, for greater oversight of business performance. Plus, Vend also has a mobile POS option and is one of the top modern POS systems currently on the market. With SumUp, retail stores can process payments faster in-store, and it can be used in multiple locations.

Point of Sale 115

Point of Sale Payment Services Merchant Services Inventory Management 115

Retail TouchPoints

JUNE 8, 2020

Additionally, financial crises actually lead to growth in the franchise business, because you have a lot of upper-middle-market executives who get laid off, or have had enough of the corporate life and decide to invest in their own business, and we saw that happen in 2009-2010.

Location 165

Location Finance Consumer Promotions 165

Retail TouchPoints

NOVEMBER 4, 2021

The holidays always tend to put a strain on the piggy bank, but a study from personal finance company Credit Karma found that 43% of consumers are feeling more financially stressed this holiday season, and inflation is the leading cause. Shortages and Sticker Shock Heighten Holiday Stress.

Consumer 254

Consumer Merchant Services Payment Services Drop-Shipping 254

Retail TouchPoints

AUGUST 4, 2023

Micro markets are one of the key self-service options that are becoming increasingly popular in airports. Micro markets also offer simple and secure payment options, allowing tourists to pay with their credit card and not have to worry about taking out or exchanging cash. Before relocating to Hunt Valley, Md.

Payment Services 212

Payment Services Kiosk Marketing Shrinkage 212

Mass Relators

MAY 14, 2021

demonstrates that household finances remain strong, and the economic recovery will likely continue to gain steam as we head into the summer months. Grocery and beverage stores were up 0.4% The post Retail sales show ‘off the chart’ gains vs. 2020 appeared first on MMR: Mass Market Retailers. Year-over-year growth of 28.8%

Sporting Goods 52

Sporting Goods Home Furnishings Merchandise Store Finance 52