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Lowe’s Promotes Finance Exec to CFO

Retail TouchPoints

Lowe’s has promoted Brandon Sink to EVP and CFO, effective April 30, 2022. Sink, currently SVP of Retail Finance at the retailer, will replace Dave Denton, who is departing to pursue another opportunity. Sink will work closely with Denton during the transition phase.

Finance 249
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Children’s Place Looks for New Financing as Losses Widen

Retail TouchPoints

The Children’s Place — which owns and operates The Children’s Place , Gymboree , Sugar & Jade and PJ Place brands — is working with advisors and lenders to find new financing as it projects a wider loss than initially expected in its Q4 for fiscal 2023, which ended Jan. to obtain new financing in order to support ongoing operations.

Finance 242
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Starbucks Promotes Finance Veteran to CFO

Retail TouchPoints

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.

Finance 203
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Bed Bath & Beyond Promotes Two Executives to Top Finance Positions

Retail TouchPoints

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.

Finance 293
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Retail, POS Finance and the Quest for ESG

Retail TouchPoints

And how can POS finance fit into the equation? POS Finance and Climate-Conscious Buying Habits While these changes can go a long way toward tackling and reducing greenwashing accusations, retailers should not ignore the impact of choosing the right partners — including when it comes to finance.

Finance 245
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Waterstones hires Farfetch finance exec as new CFO

Retail Gazette

Waterstones has named former Farfetch finance executive Karen Ashworth as its new chief financial officer. Ashworth joined Farftech back in 2017 as its finance director before being promoted to vice president of financial control in 2022. Ashworth joined the bookseller earlier this week, filings on Companies House show.

Finance 109
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Regulation is Coming to POS Finance: Why Responsible Lending Will Benefit Retailers

Retail TouchPoints

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. .

Finance 209