CFO News Room

NOVEMBER 15, 2022

Slumping markets have investors pulling back from funding startups that make internet-connected devices for retailers, threatening to choke an innovation pipeline for emerging tools like smart shopping carts and inventory management robots. s retail insights division. from 2021 to $188.2 Kroger CIO Yael Cosset. Suvajit Basu.

Startups 100

Startups Retail Economics Technology 100

PYMNTS

JUNE 9, 2020

Physical brick-and-mortar retail was suffering long before the pandemic. Highlights include grocery, retail and contactless, he said. In addition, retailers are searching for more flexible fulfillment options spanning online pickup in store, pickup curbside, and a number of variants of that continuum of reaching end customers.

Retail 92

Retail Sales eCommerce Leverage 92

PYMNTS

JANUARY 20, 2021

Google Cloud is rolling out Product Discovery Solutions for Retail, a new suite of services that will use artificial intelligence (AI) and machine learning (ML) to help eCommerce firms deliver personalized consumer experiences during a shopping journey’s initial phase. "As Vision API Product Search.

Retail 83

Retail Prioritization eCommerce Leverage 83

PYMNTS

JANUARY 12, 2020

Bowman noted that Tap to Phone leverages EMV’s underlying capabilities, the growing base of contactless cards in consumers’ wallets and the partnership with Samsung to allow sellers to tap into new retail sales opportunities, simply by downloading an app onto a mobile device they already use.

Retail 90

Retail Healthcare Sales Leverage 90

PYMNTS

SEPTEMBER 21, 2020

These moves seem logical for consumers who have been barred from visiting brick-and- mortar retailers or who are wary of contact with cashiers or payment terminals due to the potential for viral transmission, but they are also likely to have a dramatic impact on the future of digital and in-store commerce. The rise of omnichannel .

Retail 97

Retail eCommerce Sales Leverage 97

PYMNTS

DECEMBER 2, 2020

This will not only help retail items be more accessible to more consumers but could help merchants bounce back from what may have been a rocky year in sales due to the pandemic. Unbound Merino Leverages Installment Payment Plans For More Accessible Shopping.

Sales 77

Sales Retail Budgeting Leverage 77

PYMNTS

OCTOBER 8, 2020

The digital shift may transform retail storefronts in Europe. To that end, in Europe, Czech firm Nulisec has debuted an online B2B marketplace focused on European retailers — geared toward improving sales and procurement processes. At the moment, retailers are hostages of their local suppliers,” he said.

B2B 78

B2B Retail Marketing B2C 78

PYMNTS

AUGUST 28, 2020

Visa announced today that its Smarter Stand-In Processing (Smarter STIP) leverages artificial intelligence (AI) to help the network act as “backup” processor to accept or decline authorizations when issuers go offline. New Report: Helping Retail Treasurers Navigate The Digital D2C Shift (“How To” Playbook). Trackers and Reports.

Retail 83

Retail Planning Pharmaceutical eCommerce 83

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 14, 2020

They are using everything from cash to mobile wallets to complete these transactions, requiring retailers to race to accommodate a wide variety of payment methods. Friction-filled experiences, however, can actually give retailers key opportunities to engage frustrated customers on a deeper level. Keeping Omnichannel Payments Invisible.

eCommerce 139

eCommerce Retail Leverage Securities 139

PYMNTS

NOVEMBER 17, 2020

InTime is one of the biggest retail chains in China, with department stores as well as eCommerce sites. InTime was already taking advantage of the growing popularity of online shopping before the pandemic hit, and quickly leveraged shopping trends like livestreaming , Chen said. The annual invitation-only conference on Nov.

Retail 72

Retail Sales Leverage eCommerce 72

VCFO

JUNE 2, 2023

Navigating a New Era of Retail – Three Financial and Operational Factors The market and operating environments of retail businesses have undergone dramatic transformations since the turn of the millennium; transformations that accelerated significantly more with the outset of the COVID pandemic.

Retail 64

Retail Finance Leverage Technology 64

PYMNTS

JANUARY 19, 2021

Those same consumers, the data suggests, are now looking for more opportunities to leverage Venmo to pay in a wider context. Individuals in the food, drink and beauty industries are the most common recipients.

Retail 79

Retail Education Leverage eCommerce 79

PYMNTS

MAY 20, 2020

The last several weeks have certainly made for unexpected and unprecedented times for consumers and all players in the retail ecosystem and left a lot of businesses standing at a crossroads as they face the back half of 2020 and questions about what to do next. In other words, trust has become a primarily valuable currency of late.

Retail 75

Retail Economics eCommerce Currencies 75

CFO Talks

NOVEMBER 21, 2024

The idea is simple: leverage the strengths of each partner to achieve objectives neither could accomplish alone. Leverage each other’s strengths to create something entirely new. Clear Roles : Each party leveraged its strengths—Woolworths focused on food quality, while Engen ensured logistical efficiency. The solution?

Leverage 96

Leverage Communication CFO Retail 96

PYMNTS

SEPTEMBER 29, 2020

The retail ecosystem has been turned upside down over the past six months as changes big and small rippled through the segment worldwide in response to the pandemic. Much of the challenge of retail over the past half year, the panel agreed, has been in responding to shifting consumer preferences that aren’t always predictable.

Leverage 100

Leverage Retail Sales Economics 100

PYMNTS

AUGUST 21, 2020

Engaging customers in socially responsible causes can help retailers build trust and develop lasting relationships that translate into many return visits. Some retailers are engaging consumers by allowing them to use their BNPL accounts to donate directly to nonprofits they choose. Around The Buy Now, Pay Later World.

Nonprofit 117

Nonprofit Retail Entertainment Sales 117

Future CFO

APRIL 10, 2024

Retail organisations in the Asia-Pacific region are selecting Workday Financial Management to drive greater profitability, according to a recent press release from the system software company. Retailers across the APAC region including Aesop, Charles & Keith, Kolmar Korea Holdings Co., Ltd, Mondelez, MUSINSA Co.,

Retail 52

Retail Finance Leverage Economics 52

Future CFO

JANUARY 24, 2023

Retail sales in China is expected to recover after the lifting of Covid-19 restrictions but is likely to be bumpier than those in many other major economies, said Fitch recently. year-on-year contraction in retail sales in December 2022, which led to a 0.2% The residential leverage ratio rose rapidly to 62.4%

Sales 52

Sales Retail Leverage Economics 52

PYMNTS

OCTOBER 12, 2020

In a time of increasing change for retailers and consumers, the current global climate has begun accelerating the future of retail trends at a much quicker pace than previously envisioned. Lastly, Mao said Blackhawk is seeing that consumer interaction with retail apps is consistently rising. Capturing the New Customer.

Retail 126

Retail Budgeting Forecasting Currencies 126

PYMNTS

JANUARY 5, 2021

4) alongside volatility in highly leveraged futures markets before recovering losses. PYMNTS reported that this has the potential to make the coins more expensive, keeping them out of the hands of retail investors. Bitcoin had seen a string of days in which it continually broke records, passing $20,000 on Dec.

Profit and Loss 131

Profit and Loss Currencies Leverage Economics 131

PYMNTS

JANUARY 24, 2021

retail presence in recent decades, is reversing course and closing all its North American brick-and-mortar locations, according to numerous online news sources citing a company statement. Godiva, the maker of high-end chocolates that significantly expanded its U.S.

Leadership 115

Leadership Leverage Retail 115

PYMNTS

SEPTEMBER 30, 2020

Dramatic shifts are underway in the retail sector as it adjusts to consumers’ increasingly digital preferences. These retailers are accustomed to engaging with their customers in brick-and-mortar stores and building long-lasting relationships that lead to brand loyalty. OAK + FORT On Navigating Changing Consumer Behaviors With BNPL.

Planning 111

Planning eCommerce Retail Leverage 111

PYMNTS

NOVEMBER 24, 2020

Retailers, in particular, are wary of adopting 2FA because of the frictions the method can present, and their fears are not without merit. Many FIs and businesses are relying on 2FA measures that leverage SMS — or text message-based — verification to cater to a growing number of consumers who are using mobile channels to transact.

Sales 108

Sales Leverage Securities Banking 108

Fpanda Club

MARCH 1, 2021

The finance function now plays a crucial role in many organizations supporting and driving effective business decisions, and this is exactly the responsibility of FP&A standing at the crossroads of finance, strategy and technology to leverage data and generate insights.

Financial Planning and Analysis (FP&A) 130

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

PYMNTS

OCTOBER 19, 2020

billion for a controlling stake in the hypermarket operator Sun Art Retail Group , Alibaba said in a statement on Monday (Oct. billion — in Auchan’s A-RT Retail. Sun Art tapped Alibaba technology to leverage growth opportunities in China’s hypermarket and supermarket space. A-RT has about a 51% equity interest stake in Sun Art.

Retail 92

Retail Leverage Sales Investments 92

Future CFO

DECEMBER 11, 2023

The CFO role has been seeing shifts in the retail industry recently, as the position is seemingly no longer tied to the finance function per se, according to Ernst & Young. Acing the technology revolution One of the key takeaways from the discussion was the integral role of technology in modern retail operations.

CFO 52

CFO Retail Technology Forecasting 52

PYMNTS

JANUARY 8, 2021

The year 2020 meant big changes for retailers that had primarily defined themselves by physical interaction as brick-and-mortar merchants were forced to adapt to an eCommerce-focused world as their best option for holding on to their now homebound customer base. SMBS Outpaced Top Retailers When It Came To Innovation Adoption .

eCommerce 104

eCommerce Problem Solving Retail Leverage 104

PYMNTS

JANUARY 19, 2021

With so many retail stores closing, they need to be able to provide a way to sell D2C wherever those consumers are online.”. Retailers are entering new markets at a time when regulations are becoming more complex and costly, not less.

eCommerce 128

eCommerce Compliance Invoicing Retail 128

CFO News

MAY 9, 2023

Retailers must now adapt to this new reality by leveraging technology to create a seamless and personalized shopping experience across all channels. Moreover, retailers must also focus on data analytics to better understand customer behavior, preferences, and buying patterns.

Retail 52

Retail Leverage Sales Investments 52

PYMNTS

DECEMBER 29, 2020

The December Next-Gen Debit Tracker® examines how card issuers are working to sharpen their fraud-fighting tools and leverage innovative, machine learning (ML)-based strategies and technologies to keep shoppers safe. Leveraging Machine Learning, Rules-Based Analysis To Fight Debit Fraud. Around The Next-Gen Debit World.

Banking 121

Banking Leverage Securities Economics 121

CFO News

AUGUST 29, 2024

Reliance Industries Chairman Mukesh Ambani stated that Reliance Retail ranks in the top five global retailers by store count and in the top 30 by revenue. The company invested Rs 4,330 crore in the last financial year, leveraging equity and debt, and transferred supply chain assets to Reliance Logistics and Warehouse Holdings.

Retail 40

Retail Numbers Leverage Investments 40

PYMNTS

DECEMBER 18, 2020

Promotions, discounts and rewards are key retail sales drivers, encouraging consumers to make purchases they would otherwise skip and driving up average receipt volume and overall revenues. The pandemic has forced many retailers to make tough decisions about how and when to run their promotions.

Retail 110

Retail Sales Manufacturing eCommerce 110

PYMNTS

NOVEMBER 18, 2020

The workers can then use these cards to make retail payments in-stores and online, as well as collect cash at the ATM. Prepaid cards are also being leveraged to streamline corporate purchasing, with firms providing these tools to employees so that the workers can make business-related purchases. Check out the Tracker ® to read more.

Accounts Payable 88

Accounts Payable Leverage eCommerce Retail 88

PYMNTS

OCTOBER 20, 2020

Fabric, a new headless commerce platform startup for retailers, came out of the gate with a head of steam on Tuesday (Aug. The product is a cloud-native platform that enables retailers to deliver digital commerce experiences without having to rely on expensive engineering resources. Shopify and BigCommerce have a new competitor.

eCommerce 95

eCommerce Retail Technology Leadership 95

PYMNTS

JANUARY 14, 2021

To learn how financial services firms are leveraging digital tools such as contextual video to engage with customers, download the report. The research further demonstrates that a significant share of consumers’ loyalty to their banks hinges on being able to access such options.

Banking 89

Banking Leverage Education Retail 89

PYMNTS

SEPTEMBER 8, 2020

Should I leverage the online capabilities?’ — taxes that budget,” Gauthier said. He said retailers and service providers need to address such anxieties as they sketch out their digital and omnicommerce strategies and think about what new tech to put in place. Should I send my kids to school or not? Gauthier said.

Budgeting 89

Budgeting Retail Leverage Securities 89