Retail TouchPoints

MARCH 27, 2023

In fact, embedded finance will be a $777 billion opportunity by 2029. In doing so, businesses as diverse as consumer goods suppliers, transport operators, healthcare providers and entertainment companies can layer payment services into their processes, attract new customers with seamless payment journeys and generate additional revenues.

Payments 264

Payments Payment Services Financial Services Consumer 264

Retail TouchPoints

OCTOBER 19, 2022

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. .

POS 260

POS Merchant Services Payment Services Payments 260

Retail TouchPoints

JANUARY 8, 2021

Starbucks has promoted Rachel Ruggeri, currently SVP of Finance, Americas, to EVP and CFO. 1, although he will remain with the company as an advisor through May 2. Business, and SVP of Finance for Global Retail. Ruggeri will report to President and CEO Kevin Johnson. “It

Food and Beverages 264

Food and Beverages Retail 264

Retail TouchPoints

JUNE 30, 2022

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. She replaces John Barresi, who resigned from the company effective June 10, 2022 to pursue another opportunity.

Operations 317

Operations Management Retail 317

RetailMinded

MARCH 29, 2024

For retailers looking to expand their operations, securing financing is a crucial step to fuel growth. Financing this growth remains a significant challenge for many retailers, from small boutiques to large chains. Financing this growth remains a significant challenge for many retailers, from small boutiques to large chains.

Merchant Services 95

Merchant Services Payment Services Small Business Retail Banking 95

Retail TouchPoints

MARCH 10, 2023

million in debtor-in-possession (DIP) financing from 1903 Partners LLC together with its affiliates, Gordon Brothers. Notably, this DIP clears the path for the company to continue transforming our operations through the bankruptcy process. The additional funding brings Tuesday Morning’s DIP commitments to a total of $27 million.

Operations 246

Operations Retail Customer Marketing 246

Retail TouchPoints

FEBRUARY 26, 2024

is weighing national data privacy and security regulation to help companies keep up with the patchwork of state laws. Consumers are quickly losing trust, and companies must act swiftly and responsibly to restore it. Companies’ use of consumer data should be helpful instead of harmful or untrustworthy. The tide is turning.

Improvements 317

Improvements Payment Services Consumer Banking 317

Retail TouchPoints

JANUARY 13, 2023

Beauty brand Morphe ’s parent company FORMA Brands has initiated voluntary Chapter 11 proceedings in order to facilitate the sale of its assets for $33 million. These lenders include Jefferies Finance and funds managed by Cerberus Capital Management and FB Intermediate Holdings. will remain operational.

Operations 289

Operations Management Consumer eCommerce 289

Retail TouchPoints

MAY 13, 2021

Saks.com has secured a new round of financing to back its growth strategy as it aims to take advantage of the continuing ecommerce boom and economic recovery. The luxury ecommerce platform has closed on a syndicated $350 million asset-based five-year revolving credit facility arranged by Bank of America, N.A.,

Banking 207

Banking eCommerce Platforms eCommerce Improvements 207

Retail TouchPoints

MAY 22, 2024

However, this expansion brings to light a critical issue for CFOs and finance teams: the intricate and often underestimated task of recognizing and booking revenue in the ecommerce domain. We have witnessed these challenges firsthand at Crew Finance.

Payment Services 311

Payment Services Shipping Costs Shopify Payments 311

RetailDive

DECEMBER 15, 2023

The retailer's Brooklyn landlord objected to its proposed DIP financing, alleging Showfields has insiders involved with the lender. Meanwhile, the CEO said the company is working on "reaching a resolution" with creditors.

Retail 117

Retail 117

Retail TouchPoints

NOVEMBER 10, 2023

The brand has acquired a newfound relevance among Gen Z and millennials that has helped the company achieve a 5% year-over-year net revenue increase, while Kate Spade and Stuart Weitzman both saw losses over the same period. Federal Trade Commission’s second request received on November 3, 2023,” the company reported.

Operations 276

Operations Omnichannel Improvements Fashion 276

Retail TouchPoints

AUGUST 9, 2022

Tapestry — parent company of Coach , Kate Spade and Stuart Weitzman — has announced the retirement of COO Tom Glaser. CFO Scott Roe, with 30 years of retail finance and operations experience under his belt, will take on the COO role in addition to his current responsibilities, effective immediately. Glaser will stay on until Oct.

Operations 278

Operations Supplies Technology Information 278

Retail TouchPoints

MAY 18, 2021

Bed Bath & Beyond has named John Barresi as SVP of Finance and Chief Accounting Officer, as the retailer continues to bolster its leadership team as part of its three-year transformation strategy. Crossen has been with the company since 2001; The hiring of Susie A.

Omnichannel 232

Omnichannel Management Technology Other 232

RetailWire

FEBRUARY 5, 2024

In an elaborate scam, a multinational firm's finance professional was outwitted into transferring a staggering $25 million to fraudsters. The criminals posed as the company's top financial officer and other staff members, using deepfake technology, according to Hong Kong police.

Technology 86

Technology Other 86

Practical eCommerce

MARCH 6, 2024

The fastest-growing publicly-traded ecommerce companies are mostly marketplaces, per Yahoo Finance. The post Charts: Fastest Growing Ecommerce Companies 2023 appeared first on Practical Ecommerce.

eCommerce 95

eCommerce 95

Omniconvert

MAY 11, 2020

Tough working capital cycle eCommerce companies have an inherently difficult working capital cycle. The post Why every eCommerce company should use revenue-based financing appeared first on ECOMMERCE GROWTH Blog. They have large upfront costs in the.

eCommerce 78

eCommerce Blog 78

Forrester eCommerce

NOVEMBER 22, 2023

At Forrester, we are industry analysts, not financial analysts, but in our profession, we need to look at tech company finances as part of our vendor viability assessment. The company we’ll highlight today is NVIDIA. NVIDIA Is On A Roll NVIDIA is a great company led by the brilliant and charismatic CEO Jensen Huang.

Information 413

Information Technology Operations Customer 413

Retail TouchPoints

MAY 23, 2024

The Children’s Place President and CEO Jane Elfers has left the company, effective May 20, 2024. Umair, who joined the board in February 2024, was most recently a Senior Advisor for Origin Funding Partners, a global trade finance fund. He also has held senior positions at Armacom and Ernst & Young. This loan was on top of $168.6

Retail 262

Retail 262

Retail TouchPoints

APRIL 19, 2024

The Children’s Place will get a $90 million unsecured and subordinated loan from Mithaq Capital SPC , a Saudi Arabia-based venture capital firm that had purchased a majority stake in the company in February 2024. 29, 2024, the retailer has received a total of $168.6 29, 2024, the retailer has received a total of $168.6

Events 264

Events Retail Other Supplies 264

Retail TouchPoints

APRIL 13, 2021

Ethical consumer goods brand The Honest Company filed for its long-anticipated IPO on April 9, 2021. Co-founded by actress Jessica Alba in 2012, the company touts a line of hypoallergenic, ethically sourced products in the baby, beauty and home cleaning categories. According to the SEC filing , The Honest Co. In 2020, The Honest Co.

eCommerce 279

eCommerce Consumer Consumer Goods Channel 279

Forrester eCommerce

OCTOBER 12, 2023

What it takes to comply with the requirements of the EU's Corporate Sustainability Reporting Directive (CSRD).

Financial Services 425

Financial Services 425

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.

Management 264

Management Other Retail Operations 264

Retail TouchPoints

MAY 17, 2024

All stores and online operations will continue as normal throughout the proceedings, during which the company said it will undergo a “transformation program” to reorganize its finances and business in Europe. in 1968, the company is now headquartered in Germany and Hong Kong and is listed on the Hong Kong stock exchange.

Fashion 278

Fashion Operations Marketing 278

Retail TouchPoints

APRIL 3, 2024

PREIT Realty has emerged from bankruptcy in an expedited process, reducing its total debt by approximately $835 million , extending its maturity runway and receiving commitments of about $130 million in new debtor-in-possession financing and exit revolver financing from a diverse group of investors. portfolio of 150+ retail centers.

Operations 245

Operations Fashion Retail Marketing 245

RetailMinded

JANUARY 3, 2024

Retail Business Financing: Tips and Practices Stay Updated on Market Trends Keeping your fingers tapping on the pulse of market trends will let you get your hands clapping and securing the funds for your retail business needs. And that promises more financing for your retail business.

Retail 52

Retail Social Media Customer Experience Games 52

Retail TouchPoints

OCTOBER 19, 2022

SVP and Chief Accounting Officer Michael Maher will step into the role on an interim basis while the company conducts an internal and external search for a permanent CFO. “As She is also a Board Director and Audit Committee Member of McCormick & Company.

Improvements 278

Improvements Management Marketing 278

Forrester eCommerce

SEPTEMBER 6, 2019

Forrester has recently kicked off some new research focusing on services and companies that make financial decisions and take action on behalf of consumers. You can take a very short survey on this topic here. I’m psyched to present here our first FORR/3 video episode on this topic (see below)! In it, Oliwia Berdak and […].

Presentation 354

Presentation Consumer Financial Services Banking 354

Kissmetrics

SEPTEMBER 29, 2020

So, here’s a breakdown of the best social media marketing agencies and companies that can help you smash your goals: The 8 Top Social Media Companies in the World. #1 You’ll also witness astonishing passion and dedication to digital marketing, as the company truly lives up to its values.

Social Media 331

Social Media Marketing B2B eCommerce 331

SellBrite

APRIL 23, 2019

That’s why 40% of business owners turn to small business loans to finance their stores — to the tune of $600 billion in 2017. The good news is it’s not all financial doom and gloom; you have lots of other options available to finance your small business. Finance to Put Money in your Pocket Quickly.

Shipping Costs 104

Shipping Costs eCommerce Payment Services Banking 104

Retail TouchPoints

FEBRUARY 16, 2023

He will formally take over the role in May 2023 but has already joined to company to “allow for a thorough handover,” ASOS said in a statement. Glithero has led large finance functions at businesses including Auto Trader Group , Funding Circle Holdings and, most recently, as CFO of fellow British fashion retailer MatchesFashion.

Fashion 317

Fashion Presentation Supplies Operations 317

365 Retail

MAY 25, 2022

fall in small companies compared to 2020, which saw there being 5.9 Some companies will have likely failed due to poor planning for the company’s anticipated growth. However, others might not have conducted market research, and a few could be due to finances. However, this indicates that there has been a 6.6%

Small Business Retail 52

Small Business Retail Payment Services Document Marketing 52

Retail TouchPoints

APRIL 24, 2024

We remain fully committed to improving our results and returning the company to health and prosperity,” said Jonathan Ramsden, Chief Financial and Administrative Officer of Big Lots in a statement. For Q4 2023, comparable sales declined 8.6% compared to the same period the previous fiscal year. “We

Improvements 263

Improvements Management Retail Customer 263

Retail TouchPoints

AUGUST 30, 2023

In a notice to employees, interim CEO Chris Moye cited weak sales and unexpected trouble securing financing as the reason for the closure. have been laid off, according to a Worker Adjustment and Retraining Notification (WARN) notice filed by the company. “As according to the Taylorsville Times. and 46 employees in Hiddenite, N.C.

Presentation 263

Presentation Operations Events Retail 263

Retail TouchPoints

MAY 10, 2024

Amazon already employs approximately 6,500 people in Cork, Dublin and Drogheda in a range of jobs including data engineers, operations management and finance. billion over the last decade, according to the company.

Fulfillment 258

Fulfillment eCommerce Management Operations 258

Retail TouchPoints

JULY 23, 2020

With its voluntary Chapter 11 filing today, Ascena Retail Group , parent company of brands including Ann Taylor, LOFT and Lane Bryant ,hopes to reduce its debt load by $1 billion. The company, which has received a $150 million loan for operating purposes, filed for Chapter 11 protection in the U.S.

eCommerce 165

eCommerce Operations Retail Customer Experience 165

Retail TouchPoints

AUGUST 3, 2023

The service is launching first in Arizona, with the company planning to expand to other markets across the U.S. Last year, Carvana acquired ADESA , the second -largest car auction house in America, which expanded the company’s reconditioning infrastructure to be within 200 miles of 94% of the U.S. in the coming months. population.

Automotive 246

Automotive Customer Retail Other 246