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SoFi Technologies, Charter Communications, Delta and more

CFO News Room

Charter Communications — Charter Communications dropped more than 13% after CEO Thomas Rutledge said at an investor event the company will invest $5.5 Best Buy — The electronics retailer shed 2.5% The purchase was done through multiple trades from Friday to Tuesday, the filing said. RingCentral — Shares of RingCentral climbed 4.8%

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Strategic Alliances: Creating Value Through Partnership 

CFO Talks

A South African Success Story: Woolworths and Engen One of South Africa’s most notable strategic alliances is the partnership between Woolworths , a premium food and retail giant, and Engen , one of the country’s leading fuel companies. Trust and Communication : Regular dialogue and shared KPIs kept the partnership on track.

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Retailers Are Getting Smarter About Artificial Intelligence

PYMNTS

Artificial intelligence (AI) and machine learning (ML) are starting to play a bigger role in retail, foreshadowing what’s to come in the new decade of the 2020s. According to PYMNTS research , AI and ML are blurring the divide between online and in-store shopping, and bringing an all-new human element into retail. Role of Data.

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Blockchain Finds New Home In Retail Food Supply

PYMNTS

Food retailers need to embrace a new term: digital traceability. If a shipment of avocados says it is fresh until May 1, the retailer can check its proof of provenance, and doesn’t have to take the word of the supplier as that company promises fresh goods to its consumers. And it could be one of the killer apps for blockchain. “We

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Lord & Taylor Joins Retail Bankruptcy Watch

PYMNTS

The retail bankruptcy watch intensified Tuesday (April 21) as the department store sector was hit by reports of yet another major player looking at that option. Lord & Taylor, now joining Neiman Marcus, is considering a bankruptcy filing as the COVID-19 lockdown continues to decimate non-essential retail. billion in sales.

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The Six Retail CEOs Who Could Set Off Fireworks This Year

PYMNTS

Retail CEOs faced a parade of problems in 2020’s first six months, but some executives look ready to set off plenty of fireworks in the year’s back half. . Here’s a July 4 th look at some top executives in retail who seem ready to declare their independence from business as usual in 2020’s final six months. . John Donahoe, CEO, Nike.

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Text Appeal: SMS Helps Retailers Connect During Pandemic

PYMNTS

As retailers, especially those marked non-essential, move to digital commerce platforms they’re also finding new ways to stay in touch with customers during the pandemic. As a result of the pandemic crisis it is urging its retail accounts to stay in touch with their customers via mobile, most specifically through SMS (short message service).

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