CFO News Room

NOVEMBER 23, 2022

Retail finance chiefs are entering the busiest shopping season of the year with declining profit margins as their companies offer more discounts to compete for sales and clear out excess stock. . Among retailers in the S&P 500 that reported financial results through Nov. in the third quarter from 13.2%

Retail 100

Retail CFO Prioritization Corporate Finance 100

PYMNTS

NOVEMBER 24, 2017

With the holiday shopping season in full swing, retailers are facing a new challenge: extra shipping fees during the busiest weeks. The surcharge has prompted eCommerce retailers to consider other delivery options, such as FedEx or the U.S. It has, however, already set plans to raise those fees during next year’s holiday season.

Retail 86

Retail Forecasting eCommerce Planning 86

Fpanda Club

MARCH 1, 2021

Being an emerging discipline within finance function, financial planning and analysis encompasses its own processes, tools, techniques and skills which should be optimized to meet constantly growing needs, requirements and responsibilities. APQC’s Open Standards Benchmarking® Performance Assessment in Planning and Management Accounting 3.

Financial Planning and Analysis (FP&A) 130

Financial Planning and Analysis (FP&A) Benchmarking Value-Added Analysis Budgeting 130

PYMNTS

JANUARY 24, 2019

Before consumers started to trade brick-and-mortar shopping experiences for eCommerce websites, retailers could bring customers through their doors with window displays. According to the PYMNTS Virtual Reality In Retail Report , there are expected to be 100 million AR/VR headset users by 2022.

Retail 81

Retail eCommerce Technology Forecasting 81

Future CFO

OCTOBER 11, 2022

The face of retail has been changing since the start of digital transformation. Many traditional retailers have witnessed the rise of Amazon to dominate retailing – changing how consumers engage and make purchases. What is certain at this moment is that the evolution of retailing will continue. The toughest period.

Retail 98

Retail CFO Finance Sales 98

CFO News Room

NOVEMBER 5, 2022

in premarket trading despite reporting a smaller-than-expected quarterly loss and revenue that topped Wall Street forecasts. in premarket action after a weaker-than-expected sales forecast. in premarket trading, even as it reported a wider-than-expected loss and revenue that fell short of analyst forecasts. Warner Bros.

Profit and Loss 130

Profit and Loss Forecasting Economics Sales 130

PYMNTS

JUNE 8, 2020

With the pandemic putting its business into a state of disorder, Lane Bryant and Ann Taylor owner Ascena Retail Group is reportedly in talks with lenders about a possible bankruptcy filing. Most of the roughly 2,800 retail locations of Ascena are still shuttered. The retailer foresees closing approximately 230 of 687 stores.

Retail 71

Retail Forecasting Finance Planning 71

CFO News Room

FEBRUARY 5, 2022

Higher government borrowing, no clarity on taxation for listing of India in the global bond index and no announcement on retail participation in debt funds put pressure on yields,” said Marzban Irani, CIO — fixed income, LIC Mutual Fund. The government will borrow Rs 14.95 lakh crore from the market, while net borrowing will be at Rs 11.2

Budgeting 130

Budgeting Marketing Benchmarking Planning 130

Anaplan

JANUARY 19, 2021

On the heels of a year, and a holiday shopping season, like no other, all of us – retailers, suppliers, employees and consumers – are eager to turn the page. The big question on everyone’s minds is this: When can we “go back to normal?” But perhaps there is no “going back,” at least not […].

Retail 59

Retail Planning Forecasting 59

PYMNTS

OCTOBER 17, 2016

Mobile is one of the fastest-growing retail sectors at the moment and still projects to grow for years to come, but the technology is still not where most retailers want it. Mobile commerce sales are forecasted to reach 33 percent of all eCommerce sales in 2016, up from 26 percent the previous year — 2.7 billion. “The

Retail 78

Retail eCommerce Sales Forecasting 78

PYMNTS

JULY 9, 2019

Retailers surely have more than enough to worry about these days. For one, the pace of innovation keeps speeding up – and that holds true for all types of retail niches, from apparel to grocery to others. The emerging 5G technology has tremendous retail potential.

Retail 77

Retail Technology Forecasting Leverage 77

CFO News Room

DECEMBER 26, 2022

Check out the companies making headlines before the bell: CarMax (KMX) – The auto retailer’s stock slumped 12.7% versus FactSet’s consensus forecast of a 16.9% in premarket trading after the chip maker reported a wider-than-expected quarterly loss and revenue that fell short of Wall Street forecasts.

Profit and Loss 130

Profit and Loss Forecasting Startups Technology 130

CFO News Room

NOVEMBER 4, 2022

Twilio — Twilio’s stock plunged nearly 36%, a day after the company issued a weaker-than-expected sales forecast. Analysts polled by Refinitiv were forecasting earnings of 23 cents per share on revenue of $4.49 Bloomberg also reported the company plans to slash jobs in its film unit. Net sales rose 3.35 Warner Bros.

Profit and Loss 130

Profit and Loss Forecasting Sales Economics 130

PYMNTS

MAY 19, 2020

The results reversed a trend from last quarter, where the chain was one of many physical retailers facing a tepid holiday season that missed analyst expectations for sales, comparable-sales growth and earnings across the board. But things have reversed dramatically for the retailer amid the COVID-19 pandemic. percent to $134.6

Retail 88

Retail Restructuring CFO eCommerce 88

PYMNTS

DECEMBER 4, 2020

Discount retailer Big Lots reported a third-quarter profit of $29.9 billion in revenue, surpassing Wall Street’s forecasts. The Columbus, Ohio-based chain has beat revenue forecasts three times over the last four quarters. million on $1.38 The average revenue estimate of six analysts surveyed by Zacks Investment Research was $1.38

Forecasting 56

Forecasting eCommerce Retail Sales 56

PYMNTS

SEPTEMBER 22, 2020

PNC Bank plans to reduce the count of its branch offices through next year, Fox Business reported. The bank indicated the decision would save a forecast $4.3 In the U.S., William Demchak , the chairman and CEO of PNC, said per the report that the institution is set to shutter 280 offices by next year.

Banking 84

Banking Planning Restructuring Forecasting 84

CFO News Room

NOVEMBER 18, 2022

The company was also named by Credit Suisse as its top pick in the off-price retail sector. The retail earnings meltdown may be suspended for the holidays. Foot Locker — Shares jumped 7% after Foot Locker reported surpassed expectations in its latest quarterly report and raised its full-year forecast. related investing news.

Retail 130

Retail Forecasting Investments Planning 130

Centage

SEPTEMBER 13, 2022

There is some risk to using past performance to inform your long-term plans, and this can be compounded during times of economic uncertainty. Your company needs to make plans for the future. What Is Financial Forecasting? Forecast vs. Budget. Though similar, a budget and a forecast serve different purposes.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Planning Forecasting Profit and Loss 52

CFO News Room

NOVEMBER 14, 2022

following a report that it plans to lay off about 10,000 employees as soon as this week. The cuts would be the largest in the company’s history, and would primarily affect Amazon’s devices organization, retail division and human resources, according to The New York Times. dollar for the weakness in its performance.

Forecasting 130

Forecasting Retail Planning Banking 130

CFO News Room

DECEMBER 7, 2022

State Street — Shares of the asset manager jumped more than 8% after the company announced a new buyback plan. Stitch Fix also trimmed its full-year forecast. Campbell Soup — Shares rose more than 5% after Campbell Soup topped forecasts on the top and bottom lines in its latest earnings report.

Entertainment 130

Entertainment Forecasting Sales Marketing 130

PYMNTS

MAY 12, 2020

As they gear up to restart their economies amid the pandemic, states from New York to Massachusetts are planning phased reopenings. That stage encompasses retail for curbside pickup and drop-off or in-store pickup; construction; wholesale supply chain as well as manufacturing; and agriculture, fishing and forestry. Brain Corp.,

Planning 67

Planning Manufacturing Entertainment Construction 67

Jedox Finance

MAY 11, 2022

Plans, budgets, and forecasts built collaboratively across the enterprise were historically elusive for companies with various technologies and software assembled over years, if not decades. Real-world use case: Kvadrat , a global textile company improved strategic operational planning.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Planning Forecasting Budgeting 52

PYMNTS

DECEMBER 2, 2020

The figures fell short of Adobe’s forecast of $12.7 Adobe adjusted its online sales forecast slightly downward to $184 billion for the entire holiday season, a 30 percent hike over 2019. Original 2020 forecasts were $189 billion. Cyber Monday played a smaller part in overall sales for big-box retailers like Walmart and Target.

Sales 85

Sales Forecasting eCommerce Retail 85

PYMNTS

DECEMBER 16, 2020

UPS imposed shipping restrictions on some large retailers such as Gap, Nike, L.L. Knowing the unique constraints the industry is facing this peak season, we worked with our carriers early on to collectively build a strategic plan of execution.”. But she added that "contingency plans are in place.”. Hot Topic Inc., Newegg Inc.

eCommerce 131

eCommerce Strategic Planning Forecasting Retail 131

PYMNTS

JULY 23, 2020

Ascena Retail Group, Inc. The retailer and “certain of its subsidiaries” have come to a restructuring support agreement (RSA) with more than 68 percent of secured term lenders, according to a Thursday (July 23) statement. The company has also secured commitments for $150 million in a “new money term loan” from current lenders.

Planning 56

Planning Restructuring Retail Forecasting 56

Barry Ritholtz

FEBRUARY 15, 2023

My mid-week morning train WFH reads: • All Markets Are Uncertain : The Forecasters’ Hall of Fame Has Zero Members: In any given year, someone, simply due volume of forecasts, is “right”. I have yet to see anyone who can repeatedly, accurately forecast market outcomes. Investors Need a Long-Term Plan.

Forecasting 111

Forecasting Advertising Investments Startups 111

PYMNTS

OCTOBER 23, 2018

To help shoppers check out without waiting in line, grocery retailers are rolling out entire stores centered around cashierless shopping experiences, enabling consumers to purchase fresh food and grocery items with a mobile payments app. There are 3,000 planned Amazon Go stores by 2021. million smart vending machines.

Retail 64

Retail Technology Forecasting Planning 64

PYMNTS

NOVEMBER 25, 2020

percent said they planned to spend more. Seven percent said they planned to avoid holiday shopping altogether. ICSC’s research reveals a swell of interest in omnichannel formats, a sign that retailers capable of meeting demand both online and in-person will be best positioned for success in this unprecedented holiday season.

Retail 70

Retail Forecasting eCommerce Planning 70

PYMNTS

JULY 20, 2020

The increasingly likely scenario that many students in the United States, Europe and the United Kingdom will be resuming school at their kitchen tables has retailers that usually cash in every late summer biting their financial nails. Deloitte predicted roughly flat year-over-year U.S. back-to-school spending of $28.1

Retail 52

Retail Advertising Forecasting Planning 52

PYMNTS

MARCH 30, 2020

retail picture is bleak in this time of COVID-19. The Confederation of British Industry (CBI) said on Thursday (March 26) that its monthly survey of retailers showed the weakest outlook since April 2009. The CBI says retail sales volumes will fall sharply to April, with retailers more pessimistic than at any time since April 2009.

Retail 56

Retail eCommerce Sales Budgeting 56

PYMNTS

MAY 13, 2019

In the unattended retail space, vending operators are also becoming more aware of the shifting behaviors of their shoppers and the need for swift and digital payment options. That smaller size opens up whole new markets, and gains access to spaces that have never had a retail experience [as] a part of it.”.

Retail 71

Retail Marketing Communication Technology 71

PYMNTS

FEBRUARY 19, 2020

As it faces a competitive retail market, Groupon Inc. The firm plans to move from its current deal-focused approach to concentrate on local experiences, such as local painting classes or wine-tasting dinners, as The Wall Street Journal reported. intends to discontinue its sale of merchandise by the close of 2020.

Concentration 97

Concentration Sales Forecasting Retail 97

PYMNTS

NOVEMBER 16, 2020

Of those persons, half said they expect to decrease retail spending in the next three months and nearly six in 10 (59 percent) will do less discretionary spending. PYMNTS data shows that all three dynamics will become solid planning factors as the holiday season ramps up. percent of consumers will spend more than they did in 2019.

Entertainment 121

Entertainment Retail Forecasting Sales 121

Jedox Finance

SEPTEMBER 3, 2020

This placed an acute spotlight on planning agility. Many pre-crisis business assumptions and planning models became outmoded overnight. The room for poor assumptions and missed forecasts shrank. For some industries like retail and travel, there was virtually no room at all. This post was first published on FutureCFO.

Forecasting 81

Forecasting CFO Planning Budgeting 81

The Finance Weekly

DECEMBER 20, 2023

If you're in charge of a team, you understand the importance of using ,, workforce planning software in today's business world. Importance of Workforce Planning Tools Workforce planning involves analyzing and predicting the number of employees you need to achieve your business goals in the short and long term.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Planning General Ledger Budgeting 52

PYMNTS

JULY 29, 2019

The global retail automation market is expected to exceed more than $19.5 The latest Automated Retail Tracker looks at how automation fits into different retail categories and industries and explores whether automation means replacing the human touch. billion by 2024 at a CAGR of 11 percent between 2019 and 2024.

Retail 60

Retail Transportation Forecasting Numbers 60

The Finance Weekly

DECEMBER 20, 2023

If you're in charge of a team, you understand the importance of using ,, workforce planning software in today's business world. Importance of Workforce Planning Tools Workforce planning involves analyzing and predicting the number of employees you need to achieve your business goals in the short and long term.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Planning General Ledger Budgeting 52