Retail TouchPoints

JUNE 3, 2025

To promote the new physical cards, PayPal Credit has made a limited-time offer to pay for travel purchases such as flights, hotels, cruises and ride shares over a six -month period with promotional financing and no minimum spend. Additionally, customers can continue to enjoy six -month promotional financing on PayPal purchases over $149.

Payment Services

Retail TouchPoints

MAY 7, 2025

Walmart , and in March 2024 Wonder received $700 million in additional financing and first announced its plans to operate 90 locations by the end of 2025. In February 2024 Wonder opened a food hall in a Quakertown, Pa.

Finance

365 Retail

NOVEMBER 12, 2024

With over 220 stores across the UK, Matalan is reinforcing its leadership team to drive its property and finance strategy as it continues delivering value to customers in an evolving retail landscape. James Dorling joins Matalan as Director of Property, tasked with managing and optimising the retailer’s expansive store network.

Finance

Retail TouchPoints

MAY 14, 2025

From a risk and compliance perspective, defense, finance, tech, and healthcare are generally thought of as the riskiest industries but the retail sector is more vulnerable than it might appear. Card skimmers may cause $1 billion a year in losses, but cybercrime causes more than a dozen times that number.

Payment Services

Retail TouchPoints

OCTOBER 16, 2024

There are some things they can’t do from a financing perspective, of course, but there are a lot of creative ways to make a real estate deal happen. Some people think “tenant versus landlord” is a zero-sum game, but the most successful landlords are the ones who try to say “yes,” if they can.

Jewelry

Inside Retail

APRIL 6, 2025

Slower revenue growth, shrinking profit margins, and a dwindling share in the national retail economy have pushed many operators to re-evaluate their strategies. More than 70 per cent of surveyed department-store operators experienced year-on-year sales and net profit declines last year, including Xujiahui Shopping Mall and Inzone Group.

Department Stores

Retail TouchPoints

JUNE 26, 2025

The initial goal was relatively modest: to align the company’s finance systems and processes more accurately with what was happening in sales channels. That is, however, exactly what Ikea decided needed to happen, and to do it the company turned to…more numbers.

Finance

Retail TouchPoints

JULY 17, 2025

The 7&i statement also noted that since ACT made its initial proposal, “there have been significant changes in the global economy, exchange rates and financing markets. While we are disappointed by ACT’s decision, and disagree with their numerous mischaracterizations, we are not surprised.”

Finance

Retail TouchPoints

MAY 6, 2025

billion in new financing which, along with cash from its operations, is expected to provide sufficient funding during the sale and court-supervised process, according to a company statement , and Rite Aid intends to divest or monetize any assets that are not sold through the court-supervised process.

Finance

Retail Dive

JUNE 30, 2025

Published June 30, 2025 Daphne Howland Senior Reporter post share post print email license Saks Global has no plans to close stores, executives told analysts earlier this month. Dive Brief: Saks Global has secured $600 million in financing commitments from most of its bondholders. Please let us know if you have feedback.

Finance

Retail TouchPoints

MARCH 25, 2025

Dianas has been crafting premium chocolate-covered frozen bananas since 1984 and today, were proud to have nationwide retail distribution, said Stan Keller, Chief Strategy and Finance Officer at Dianas Bananas in a statement.

Advertising

Retail TouchPoints

JUNE 19, 2025

In his career, he has written backend, frontend and messaging software for travel, finance, commodities, sports betting, telecoms, retail and aerospace industries. Rob Reid is a Technical Evangelist at Cockroach Labs based out of London, England.

Payment Services

Retail Assist

JULY 22, 2025

For growing businesses, spreadsheets often start as the go-to solution for managing inventory, sales and finances. But as your operations grow in scale and complexity, they can quickly become more of a hindrance than a help. Missed deadlines, duplicated effort and things slipping through the cracks. That’s where an ERP system comes in.

Inventory Management

Retalon

MARCH 21, 2025

Its typically built through a collaborative effort between finance, merchandising, marketing, supply chain, and store operations. Integrated Planning Across Functions Retail planning often happens in silosmerchandising, finance, marketing, and inventory teams operate on different versions of the truth.

Markdowns

I Vend

APRIL 2, 2025

Yes, of course retail software is about more than just POS, but POS is the very heart of a retail stores operations, so it must be fast, reliable and rich in function. It acts as a central hub for data, allowing departments such as finance, inventory, human resources, and supply chain management to work from a single, unified system.

Management

VMS

JULY 17, 2025

Tokyo) The Canadian c-store operator unveiled that move in a news release that mainly consisted of a long letter its board sent to its counterpart at Seven & i Holdings. In that missive, ACT said it was withdrawing it $47 billion offer for the operator of 7-Eleven c-stores due to “a persistent lack of good faith engagement.”

Store Operations

Retail TouchPoints

MARCH 6, 2025

Earlier this year, Glendinning supported key initiatives within the company’s finance organization and helped review and establish strategic alternatives for the broader business. I look forward to working with the leadership team and our talented finance organization to drive continued growth and financial strength.

Finance

Retail TouchPoints

OCTOBER 20, 2023

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

Inside Retail

SEPTEMBER 18, 2024

The inspector believed the worker was covered by the Banking, Finance and Insurance Award 2010 for duties performed at the Yarraville Store and that the General Retail Industry Award 2010 applied to the worker for duties performed at the Taylors Lakes store.

Store Operations

Retail TouchPoints

AUGUST 8, 2022

Martin brings 25 years of retail experience, most recently as EVP and CFO of Guitar Center , where he was responsible for accounting and finance, real estate, sourcing, distribution and logistics. He also spent time with Lands’ End , Gap , Disney , Coldwater Creek and Amgen.

Finance

Retail TouchPoints

OCTOBER 19, 2023

Viall will retain ownership of merchandising and product development functions and assume responsibility for the supply chain; and Kelly Cook, who joined David’s Bridal in 2019 as EVP, Chief Marketing and IT Officer, has been promoted to President of Brand, Technology and Finance.

Inventory Management

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.

Telecommunications

Retail TouchPoints

JUNE 12, 2023

Chico’s FAS has appointed David Oliver, SVP – Finance, Controller and Chief Accounting Officer, to the role of EVP – CFO and Chief Accounting Officer, effective June 24, 2023. Oliver has been with Chico’s since 2012 and served in multiple roles, including VP – Finance and Controller and Interim CFO and SVP – Controller.

Finance

Retail TouchPoints

OCTOBER 11, 2023

Stores in the Washington, D.C. The retailer, which debuted in 2019, has lined up financing from existing investors for a restructuring effort, according to WWD. million , is owed to debt financing firm Pipe Technologies. Georgetown district and in Brooklyn remain open. The largest debt, $1.4

Finance

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

Retail TouchPoints

OCTOBER 18, 2023

In the new role of EVP of Brand Operations at AEO, van Ogtrop will drive greater brand collaboration while fueling growth and profitability across American Eagle and Aerie. She will have full accountability for AEO store operations across the U.S. and Canada, as well as brand finance and strategy and merchandise planning.

Finance

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

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

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.

Store Operations

Retail TouchPoints

MARCH 3, 2021

million in financing. Paper Source already has begun closing 11 of its underperforming locations but will keep the remaining 147 stores and its ecommerce site open throughout the bankruptcy proceedings. Paper Source has filed for Chapter 11 bankruptcy and is hoping to sell the business, according to court filings.

Planning

Retail TouchPoints

AUGUST 27, 2020

The plan provides $400 million in exit financing and $400 million in new term loans. J.Crew Group has reached agreements with its landlords to improve lease terms for its stores, anticipating savings of approximately $70 million in 2020 and approximately $60 million in 2021. billion of the company’s secured debt into equity.

Finance

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

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

Retail TouchPoints

APRIL 10, 2024

Arkhouse has withdrawn its other director nominations as part of the deal, and Clark and Markee will join the board’s finance committee, which will evaluate the acquisition proposal from Arkhouse and Brigade Capital Management that began in December 2023 with a $5.8 Markee, as independent members of its board of directors. billion buyout bid.

Finance

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

Retail TouchPoints

DECEMBER 7, 2020

The company will continue operating during the process by utilizing a $25 million debtor-in-possession loan from Tiger Finance. The company will go forward with previously announced plans to close 140 stores and renegotiate a number of leases at other locations, which may result in further closings.

Finance

Retail TouchPoints

JUNE 10, 2020

billion in new financing, including its previously announced $1.3 Our strong digital business sales trend continued throughout May, and it is encouraging to see that as we reopen a store, the digital business in that geography continues to be strong,” said Jeff Gennette, Chairman and CEO of Macy’s in a statement.

Finance