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Big Lots Boosts Liquidity with $200 Million Loan Facility

Retail TouchPoints

The move “significantly enhances the company’s liquidity position and is incremental to the borrowing capacity within the company’s current $900 million asset-based revolving loan facility,” according to a Big Lots statement. Big Lots had a difficult fiscal year 2023, which ended Feb.

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Kirkland’s Secures $12M Term Loan to Fund Strategic Pivot

Retail TouchPoints

Kirkland’s has received $12 million from a global asset management firm to support its strategic repositioning efforts. Shonak, Senior Managing Director of the Transaction Team and Head of North America Lending at Gordon Brothers. “We

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Albertsons Expands Onsite Retail Media Offerings with Criteo Integration

Retail TouchPoints

In addition, Criteo’s retailer monetization suite, Commerce Yield, will allow Albertsons to continue to monetize its online assets and tap into new incremental demand driven by Criteo. ” To learn more about retail media, check out our full guide here. ” To learn more about retail media, check out our full guide here.

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Maya Capital Acquires Prime Retail Space in London’s Affluent Fulham Road

365 Retail

The acquired property is tenanted by several luxury brands, including OKA , Janus et Cie , and Poltrona Frau , enhancing the high-end retail mix of the area. David Pralong, Managing Partner of Maya Capital , commented on the acquisition, stating: “We are thrilled to announce the successful acquisition of this prime retail asset in London.

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NFTs will Bridge the Gap Between the Real World and the Metaverse

Retail TouchPoints

Thousands of years later, in 2009, the market for digital assets arose. As these digital assets became prevalent, so did fraud. These digital identifiers made buying, selling, and trading digital assets efficient and reduced the possibility of illegal activity. In 2014, NFTs (non-fungible tokens) were introduced. What is an NFT?

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The Home Depot Enhances CDP to Personalize the Shopper Journey

Retail TouchPoints

The retailer will enhance its customer data platform (CDP) with the Adobe Experience Platform (AEP) to create personalized campaigns that can be activated within 24 hours , dramatically shortening what had been a seven- to 10-day process. “The

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The Harmonious New Workforce: Striking the Chords of the Modern Work Landscape with Offshore Talent

Retail TouchPoints

Just as a live band relies on cues during a performance, remote teams can utilize videoconferencing, instant messaging and project management tools as their guiding instruments. Managers assume roles akin to conductors, guiding the team while allowing individuals the space to excel in their respective areas.

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