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Beyond the numbers: Macy’s, Levi Strauss CFOs dish strategy

CFO Dive

For some retail CFOs that’s meant a bigger role in growing market share. Finance leaders are increasingly balancing financial and strategic duties.

Numbers 230
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Retailers have a crime problem. It’s in the numbers.

CFO Dive

The issue is complex and often clouded by imprecise data — sometimes from the industry itself.

Numbers 143
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Virtual Account Numbers Facilitate International Digital Banking

PYMNTS

In an interview with PYMNTS, Lilia Metodieva, managing director at Monneo , said virtual international bank account numbers (IBANs) can help firms gain scale internationally, and customize payments to serve the needs of their end customers.

Numbers 115
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Retail Lobby: “We Lied About Organized Theft”

Barry Ritholtz

billion in retail inventory losses in 2021 was not “attributable to organized retail crime.” That line is just another in a long series of falsehoods put forth by the professional b *s at the National Retail Federation. This costs retailers anywhere between $15-20 billion annually in the US. No, “ nearly half ” of $94.5

Retail 141
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Digital-First Economy Redefines Retail And Consumer Behavior

PYMNTS

When it’s said and done there was only one story that mattered in the retail universe this year and it was the rise of the digital-first economy. The numbers speak for themselves. As seen in the opening flurry of numbers, consumers weren’t leaving home to shop. Malls And Department Stores Get Hit.

Retail 118
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Retail 2021: The Five Things Retailers Should Be Talking About At NRF This Week

PYMNTS

Every year for the last 110 years , members of the retail trade group, known as the National Retail Federation (NRF), have assembled to discuss the slate of issues pertinent to its members. COVID-19, of course, didn’t cause physical retail’s steep decline — it just accelerated it. Retail is now about logistics and the last mile.

Retail 123
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Digital Technologies Drive Innovation In Retail, Payments

PYMNTS

In retail technology, Toshiba Global Commerce Solutions ’ new Elera system aims to supplant in-store IT systems with a new cloud-enabled technology. 30 : Minimum number of “microservices” on Toshiba Global Commerce Solutions’ Elera system. 12M : Number of JazzCash’s active users in Pakistan.