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Larry Chester Featured on NACD BoardTalk: Small and Medium-Sized Businesses: What’s Your Plan for 2022?

CFO Simplified

Larry Chester, CEO of CFO Simplified, was featured on NADC BoardTalk to discuss business planning for small to medium-sized businesses in 2022. When economic winds change, small and middle-market companies must be able to pivot. Take a look at his feature below: [link]. They are a guidepost to future results. Where to Go From Here.

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Big Fizzle: The Incredible Shrinking Mall-Based Retailer

PYMNTS

The rise of eCommerce has been an inexorable one, and the retail landscape has shifted for retailers. The latest signs come from Macy’s , which in recent days announced a restructuring that will see the mall stalwart close 125 department stores and slash 2,000 jobs. Welcome, perhaps, to the mauling of the Great American Mall.

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Four Things Walmart’s Strong Earnings Say About Retailing To A Pandemic World

PYMNTS

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

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Chapter 11 Filings Are Up 43 Pct YOY

PYMNTS

She said there could be more cuts coming due to adverse economic conditions. “We Penney and home-goods retailer Pier 1, along with telecommunications company Frontier Communications. Penney and home-goods retailer Pier 1, along with telecommunications company Frontier Communications. Penney, once a heavy hitter in the U.S.

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Bed Bath & Beyond To Roll Back Coupons To Save Money

PYMNTS

The big-box retailer, traditionally known for its mailed coupons that offered 15 or 20 percent discounts on bedding and other home accessories, will be stepping away from that touchstone. The effort is part of the retailer's restructuring plan.

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Manifesting Retail’s Week Of Revolution

PYMNTS

Retail, for all intents and purposes, has always been an interdependent system. And all retailers depend on the one constant that separates any business from a hobby: the customer. And all retailers depend on the one constant that separates any business from a hobby: the customer. 2) Owned retail outlets.

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Why 2021 Is No Sure Bet For An SMB Rebound

PYMNTS

There can be an economic impact from that sadness — and a lack of spending.”. You cannot restructure when revenues go to zero,” he told Webster, adding that for a number of retailers and restaurants, “that’s probably the biggest liquidity crisis.”. “You The liquidity challenges are towering, he said. Where We Go From Here.