CFO News Room

DECEMBER 21, 2022

For consumer brands doing business in China, no date on the retail calendar carries more weight than November 11, also known as Singles’ Day. Today, the event is the pinnacle of the global retail calendar, with over 290,000 brands offering 17 million products to over 1 billion annual active consumers across Alibaba’s ecosystem this year.

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Sales Benchmarking Entertainment Retail 100

PYMNTS

OCTOBER 18, 2016

In retailing, as a Nobel laureate once wrote (and sort of sang!), “the times they are a-changin” — a sentiment that extends handily to gift cards. Unless retailers make it hard. And surprisingly, a number of retailers are missing the boat when it comes to digital gifting. The First Number — 10. And far from a perfect 10.

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Retail Benchmarking Numbers Sales 70

PYMNTS

JUNE 3, 2016

Amazon Prime might have been a good little idea, the naysayers nay-said, but once shoppers have to start shelling out higher fees for the privilege of faster shipping, those “loyal” customers would run into the waiting arms of the retailers they’d left behind. That figure creeps up to a near-total 96 percent.

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Retail Benchmarking Numbers Planning 40

PYMNTS

JUNE 3, 2020

Reuters reports RBA is reviewing Aussie’s retail payments regulation to determine the cost and resilience of electronic payments and access to cash. RBA’s investigation is expected to examine how transparency of the payment plans offered to merchants could be improved.

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Banking Benchmarking Retail Accounting 52

PYMNTS

JANUARY 7, 2020

With the Sustainability Cloud, though, there can now be a greater accountability in terms of “peer benchmarking, anonymized data to track progress, communities to share best practices, and ways to input supply chain information,” Flynn said. It’s also pushing other companies to join it in meeting that goal.

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Benchmarking Auditing Accounting Planning 53

PYMNTS

APRIL 2, 2019

The company plans to spend Rs 3,500 to expand its services, according to Xiaomi India managing director Manu Kumar. The company relies on three financial benchmarks — devices, retail and services — and it hasn’t monetized any of its services just yet. The company also recently started a paid subscription plan for Mi Music.

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Benchmarking Retail Sales Planning 43

PYMNTS

APRIL 23, 2020

The largest retailer in the world has collaborated with Nextdoor, the social networking service, to launch “Neighbors Helping Neighbors,” per an announcement on Thursday (April 23). Walmart and Nextdoor have joined forces to make it easier for neighbors to help each other during the COVID-19 pandemic. Last year, they had $514.4

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Benchmarking Retail Numbers Planning 52

PYMNTS

AUGUST 10, 2020

And several of them are affecting the retail industry. And judging from the continuing proliferation of videos on social media, the ability for retailers to enforce even the minimum safety standards of mask-wearing is risky business for employees. That line of thinking also leads to the counter-currents of retailing.

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Benchmarking Retail Valuation eCommerce 59

PYMNTS

JUNE 22, 2020

Sotheby’s held only online jewelry auctions during the lockdowns, which “set new benchmarks” for such sales, the auction house said, per a report in a trade publication. For its part, Christie’s is planning a jewelry sale in Geneva for July 22. The first live event is set for this week. Bennett said it’s “a beautiful thing.

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Sales Concentration Benchmarking Planning 54

PYMNTS

AUGUST 21, 2020

It’s not often that Walmart gets upstaged in the world of retail. If Shipt didn’t add a lot to Target’s Q2, the retailer wouldn’t have called it out – and the significance of that was lost on many analysts. Unless Walmart+ is in the mix, it’s hard to say that the retailer is pushing customers toward the digital experience.

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Retail Benchmarking Sales eCommerce 72

PYMNTS

APRIL 2, 2018

FirstCaribbean International Bank is planning to raise $100 million through its initial public offering (IPO) in the U.S., The bank offers corporate banking, retail banking, treasury management, capital markets, credit cards and wealth management services in a range of consumer and corporate offerings. The bank is 91.7

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Benchmarking Valuation Treasury Banking 44

PYMNTS

FEBRUARY 4, 2019

To serve customers who want to shop in stores and online, retailers and solution providers are working to offer a unified retail experience across multiple channels. According to the latest PYMNTS mPOS Tracker , almost two thirds – or 63 percent – of retailers plan to offer this option within the next three years.

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Benchmarking Retail Leverage Technology 50

PYMNTS

JANUARY 15, 2021

Reports in e27 said MAA Group provided the investment, which microLEAP plans to use for marketing, new staff hires and technological enhancements. million only months after its previous funding round, according to Indian Retailer reports. Malaysia's microLEAP has secured $3.3 B2B payments FinTech Qolo has announced a $3.8

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B2B Finance Treasury B2C 67

PYMNTS

MARCH 6, 2020

The British audit regulator, the Financial Reporting Council (FRC), announced plans this week to break up the dominance of the largest four accounting firms: PwC, EY, Deloitte and KPMG. The business of fashion shows is struggling this week, but fashion retailing is not. UK Moves Closer to Big Four Accountancy Breakup.

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Treasury Auditing eCommerce Cash Management 52

PYMNTS

JANUARY 19, 2017

If the early goings in 2017 are any indication, with several companies debuting new features as the calendar flipped over into the new year, many major retailers are likely planning innovative omnichannel makeovers in the coming months. . It’s looking like a very omni new year, so far. Omnichannel, sans store. About The Tracker.

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Benchmarking Auditing Manufacturing Retail 40

CFO Talks

MARCH 19, 2024

This list should encompass both quick wins, such as automating invoice processing to improve cash flow management, and long-term objectives, like integrating AI-driven analytics for more accurate financial forecasting and strategic planning.

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CFO Communication Finance Budgeting 52

PYMNTS

JANUARY 27, 2020

How the customers are actually responding is critical to our development plan,” said Thomas-Moore. “We Then that expectation is set for every other relationship they have with every other company — not just within the restaurant category, but within retail, travel and a lot of other different categories.”.

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Benchmarking eCommerce Leverage Technology 58

PYMNTS

NOVEMBER 30, 2018

The company targets small- to medium-sized businesses (SMBs) with its cloud-based business management solutions, including enterprise resource planning (ERP), inventory management and customer relationship management (CRM) tools. billion, according to a press release. Cybersecurity risk management enterprise CloudSEK announced a $1.97

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Startups B2B B2C Investments 62

PYMNTS

MARCH 27, 2017

However, a Stitch Fix spokeswoman said the company “has neither turned down late-stage funding from interested investors nor will our Board of Directors be meeting next month to decide on plans for an IPO.”. And Keaton Row, an online styling service similar to Stitch Fix, shut down its operations this week.

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Benchmarking Valuation Startups eCommerce 43

Cube Software

MAY 11, 2023

If you want to make financial planning decisions based on your business’s historical performance, then the percentage-of-sales method is your new best friend. Say Jim runs a retail running shoe store, and has the following line items he wants to forecast. Calculate the percentages Onto the most important bit.

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Sales Financial Planning and Analysis (FP&A) Forecasting Accounts Payable 52

CFO News Room

FEBRUARY 2, 2022

Michael Kitces is Head of Planning Strategy at Buckingham Wealth Partners , a turnkey wealth management services provider supporting thousands of independent financial advisors. In 2010, Michael was recognized with one of the FPA’s “Heart of Financial Planning” awards for his dedication and work in advancing the profession. Amy: It is.

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Communication Planning Education Numbers 130

PYMNTS

MAY 22, 2017

The company slashed costs by $270 million this year and is on track to reach its goal of $300 million in savings by the end of the fiscal year, with plans to save $300 million more between now and 2020. That’s a prayer for “not too much loss” as opposed to “gain,” even as sales and other benchmarks remain north of zero.

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Benchmarking Restructuring CFO Sales 40

PYMNTS

MAY 18, 2018

market, though Ocado plans to have talks with other U.S.-based based retailers. The new funding was led by Benchmark , with Benchmark’s Bill Gurley joining the company’s board of directors. Over the next six months, Chef’d plans to expand to all of Byte’s locations, the company said in an announcement. “At

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Construction Benchmarking Retail Valuation 40

PYMNTS

MAY 22, 2018

There’s brick-and-mortar retail, where competition is so fierce that the media has branded it “the grocery wars.” So, what made Benchmark Capital confident enough to put $50 million behind Good Eggs, a San Francisco-based, curated, on-demand grocery store specializing in “absurdly fresh” local meats and produce?

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Benchmarking Transportation Investments Retail 43

PYMNTS

SEPTEMBER 13, 2016

The plan — or, at least, the widely expected course of events — was that the U.S. The 2015 holiday sales season was weaker than expected across retail, followed by a plunging and then bumpy stock market in late winter and early spring spurred by uncertainty about the Chinese economy. to zero, and there it remained for seven years.

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Benchmarking Economics Banking Marketing 55

CFO News Room

NOVEMBER 28, 2022

Traditionally, investment planning has been at the forefront of how financial advisors add value for their clients. Combined with growing advisor (and consumer) interest in comprehensive financial planning services, the number of ways advisors can add value for their clients has expanded greatly. Executive Summary. Team Kitces.

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Tax Planning Planning Investments Profit and Loss 130

Barry Ritholtz

FEBRUARY 6, 2024

Its index and its benchmark. And Tom has helped with the introduction of GMO’s first retail product, the quality ETF stock symbol Q-L-T-Y-G-M-O has been institutional since they launched in 1977. This is the first time they’re putting out a product for retail. What, what was the career plan?

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Valuation Investments Finance Math 52

Barry Ritholtz

SEPTEMBER 19, 2023

So it’s a problem that institutions offer often suffer from that retail investors do not like you and me, we probably don’t have this bucketing issue. And I forwarded it to him and I, I was very happy at Maryland, wasn’t planning on leaving. Are, are the clients primarily retail? How ridiculous is that?

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Investments Math Risk Management Benchmarking 56

PYMNTS

JUNE 17, 2016

Larger multibillion dollar retailers do no better at eliminating the friction associated with transacting online than their smaller million to ten million dollar merchant counterparts. Large retailers leave their customers abandoned at the virtual checkout aisle at the same rate that the smaller guys do. Size doesn’t matter.

Retail 40

Retail Sales Leverage eCommerce 40

Future CFO

APRIL 12, 2023

The AC Ventures report, Logistics Landscape in Indonesia , noted that the traditional supply chain in Indonesia is typically comprised of multiple layers prior to reaching retail and/or end customers (see Figure one).

Finance 98

Finance CFO Benchmarking Data Analysis 98

Future CFO

AUGUST 18, 2023

This allows the organisation’s core finance and accounting (F&A) operations to concentrate on more strategic work, such as financial analysis and planning. "We In the finance function, basic accounting processes like accounts payable, payroll and purchasing are often allocated under the shared services model.

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Finance Communication Accounts Payable Invoicing 52

PYMNTS

MAY 28, 2020

That turns out to be sage advice as the retail sector sets out to recover from an overall double-digit downturn in consumer spending. If you have the ability, build a holistic media plan and execute on it. In 1990, someone asked Sam Walton about the recession the country was in at the time. “I

Advertising 52

Advertising Benchmarking Economics Investments 52

Barry Ritholtz

AUGUST 29, 2023

Few people are in a position to see what’s going on in the world of investing, whether it’s institutional or retail, better than Vanguard CIO. They create the benchmark. And 87% of our active fixed income funds have outperformed their benchmarks on a three year basis against their benchmarks.

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Investments Benchmarking Valuation Construction 52

PYMNTS

JANUARY 1, 2021

The Trackers use a number of creative methodologies and frameworks that measure and benchmark an ever-changing landscape. Buy now, pay later (BNPL) solutions hold promise in alleviating some of these issues, but many retailers are still taking hands-off approaches to dealing with pandemic-related shifts in consumers’ spending habits. “I

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Profit and Loss Banking B2B Retail 103

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.

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

PYMNTS

DECEMBER 30, 2016

planned to spend an average of $908 on holiday gifts this past year, up 8 percent from the average expenditure in 2015. The opportunistic feature of the gig economy creates seasonal ebbs and flows similar to those traditionally seen in the retail space, said Ting. Gifting is expensive. Consumers in the U.S.

Benchmarking 40

Benchmarking Retail Securities Numbers 40

PYMNTS

APRIL 12, 2016

The retail industry was higher at 86 percent. Fifty-eight (58) percent of small businesses plan to obtain financing this year, compared to 52 percent in 2015. From a benchmark of 100 in the first quarter of 2007, the SFBI has increased to 112.9 Managing labor costs (40 percent) which is highest in the West (52 percent).

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Benchmarking Forecasting Construction Finance 41