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

NOVEMBER 15, 2018

Basket sizes were also reported as gaining in size, though currency headwinds took their toll in light of recent overseas investments by the retail giant, meaning revenue came in south of analyst estimates. “We We have momentum in the business as we execute our plan and benefit from a favorable economic environment in the U.S.,”

Forecasting 46

Forecasting Currencies Economics eCommerce 46

PYMNTS

JULY 6, 2020

The death knell for malls tolled loudly in the media during the Fourth of July weekend as retailers continue to assess their long-term prognosis from the pandemic damage. But the focus of developing the mall has fallen to housing as anchor tenants, not retail. Stores will still take up 90,000 square feet of Avalon.

Planning 53

Planning Retail Forecasting Technology 53

PYMNTS

NOVEMBER 16, 2020

The new combined bank will be the fifth-largest retail bank in the country. US Economic Forecasts Grim Amid Escalating COVID-19. continues to post an alarming increase in the number of new COVID-19 cases without word of any additional government stimulus. DoorDash IPO Filing Shows Expansion Plans Beyond Food.

Economics 57

Economics Forecasting Education Accounting 57

CFO News Room

DECEMBER 9, 2022

The 1% levy on buybacks , which takes effect in January, could cost companies billions of dollars, but a number of executives say they expect to continue repurchasing company stock. home improvement retailer. a sporting goods and outdoor recreation retailer. billion remaining under its repurchase plan. internet retailer.

Finance 100

Finance CFO Corporate Finance Healthcare 100

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

JANUARY 9, 2020

As part of its yearly review process, Macy’s plans to shutter one Bloomingdale’s store and 28 of its namesake department stores. The retailer operates approximately 680 department stores as well as 190 specialty shops, CNBC reported. The retailer has been working to bolster its product offerings and to revamp its store designs.

Planning 40

Planning Forecasting Sales Retail 40

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

PYMNTS

MAY 11, 2020

Retailers are opening their doors again during the pandemic to customers who have appointments. At Equinox, club members won’t have the ability to go for a workout at any time as part of the fitness chain’s reopening plan, per Fox Business. But a number of customers reportedly didn’t adhere to the new procedure when the store reopened.

Retail 60

Retail Forecasting Numbers Planning 60

PYMNTS

FEBRUARY 7, 2020

Brick-and-mortar retailers are testing convenience store designs that let consumers skip the checkout line and pay for their purchases with their mobile phones. 7-Eleven President and CEO Joe DePinto said in an announcement , “Retail technology is evolving at a rapid pace, and customer expectations are driving the evolution.

Retail 57

Retail Technology Forecasting eCommerce 57

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. population, but that number is expected to grow to 72.2 percent of all retail sales for the year. But that number is expected to double to 5.4

Retail 78

Retail eCommerce Sales Forecasting 78

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. Build for broad and deep data integration.

Forecasting 81

Forecasting CFO Planning Budgeting 81

Planful

MAY 11, 2017

Let’s start with the continuous planning process definition. Industry analyst Rob Kugel Rob Kugel at Ventana Research offers up a very simple explanation: “Continuous planning uses technology to enable rapid planning and review cycles to support a more agile organization.”. What’s the alternative to continuous planning?

Planning 40

Planning Budgeting Forecasting Transportation 40

PYMNTS

JULY 13, 2018

“It is another way Walmart is offering our customers choice and convenience that save them time,” wrote Walmart spokesperson Anne Hatfield in an email to Retail Dive. For example, the retail giant launched pickup towers and pickup lockers to enable customers to receive merchandise such as televisions.

Planning 40

Planning Construction CFO Forecasting 40

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

OCTOBER 12, 2016

And that, according to new data released by the National Retail Federation , is precisely the point, as Halloween is a less “traditional” holiday than most and therefore more open to different interpretations for how to celebrate it. percent of millennials plan to turn to Pinterest this year for inspiration on their costume, while 23.3

Retail 63

Retail Planning Forecasting Numbers 63

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 Forecasting 71

PYMNTS

MAY 14, 2020

could be the first major delivery company to limit the number of items retailers can ship to protect its network from being overwhelmed during COVID-19, The Wall Street Journal reported. For now, the impacted retailers say they are coping. FedEx Corp. A company spokesman declined to say whether they were imposing limits. .

Forecasting 98

Forecasting Retail Startups Numbers 98

Planful

NOVEMBER 12, 2019

Financial planning is built around general ledgers, accounts, journal entries, cost centers, debits and credits. An income statement prepared for a global manufacturing conglomerate is very similar to one prepared for a local retailer. Dynamic Planning Tailored to Every Need. That’s because finance is fundamentally structured.

Planning 40

Planning General Ledger Forecasting Finance 40

PYMNTS

OCTOBER 28, 2016

According to the National Retail Federation ‘s annual consumer spending survey, shoppers may have a more conservative holiday spending budget as a result of the upcoming election. The study revealed that 58 percent of consumers plan to buy for themselves, spending an average of $139.61, an increase of 4 percent from last year’s $133.74

Retail 48

Retail Advertising Budgeting Forecasting 48

PYMNTS

MARCH 1, 2019

Tesla, in fact, forecasts that the move could let the company lower vehicle prices by about 6 percent. According to CNET, however, it wasn’t known the number of the company ’s brick-and-mortar locations would stay open.

eCommerce 70

eCommerce Sales Planning Forecasting 70

PYMNTS

APRIL 24, 2017

Meanwhile, international retail food group Ahold Delhaize (AD) saw shares fall some more, not benefiting from the same springtime boost grocery and other stocks have seen. Median forecasts still put AD on the up and up in the next 12 months, though when those gains will show themselves is still up in the air. percent for the year.

Planning 43

Planning Forecasting Retail Sales 43

CFO News Room

NOVEMBER 16, 2022

In the second post, I pointed to inconsistencies in how accountants classify operating, capital and financing expenses , and the consequences for reported accounting numbers. In the first session of my valuation class, I pose a question, “What comes more naturally to you, telling a story or working with numbers?”

Marketing 130

Marketing Valuation Advertising Numbers 130

PYMNTS

AUGUST 2, 2017

The earnings numbers are in for Under Armour, and it’s not exactly what the sports apparel retailer was hoping for. Following this restructuring plan, Under Armour is also reworking its sales forecast outlook for the remainder of 2017.

Sales 40

Sales Restructuring Planning Forecasting 40

PYMNTS

JULY 13, 2020

From telehealth to new financing options for patient treatments to big retailers like Walmart , Walgreens and CVS mashing up retail with healthcare, everyone from startups to incumbents are using the pandemic as an opportunity to disrupt — and reinvent — healthcare. Here’s a look at some of the latest developments. We’re in healthcare.

Healthcare 87

Healthcare Concentration Startups Retail 87

Musings on Markets

NOVEMBER 15, 2022

In the second post, I pointed to inconsistencies in how accountants classify operating, capital and financing expenses , and the consequences for reported accounting numbers. That is because the answer will vary across people, with some exhibiting a more natural tendency towards story-telling and others towards working with numbers.

Valuation 90

Valuation Advertising Numbers Investments 90

CFO Leadership

APRIL 5, 2023

In fact, in many organizations, HR’s talent game plan swings from industrywide hiring “binges” to job “chops” as external conditions and revenue forecasts dictate. 3 The largest increases in job openings were in accommodation and food services, retail trade, and construction. The unemployment rate was 3.4%.

Leadership 105

Leadership Manufacturing CFO Construction 105

PYMNTS

NOVEMBER 21, 2019

The mall has not been kind to Macy’s , or at least that was the takeaway from the retailer’s earnings report released earlier today (Nov. By the numbers, in terms of earnings, Macy’s reported 7 cents per share – about even with what analysts had been seeking. percent, when they had previously forecasted flat growth.

Sales 40

Sales Forecasting Retail Leverage 40

PYMNTS

JULY 27, 2020

Businesses have responded to the pandemic by tapping into their cash reserves, as around 32 percent of businesses plan to diminish their cash holdings in the next quarter, the Association for Financial Professionals (AFP) announced in a press release. Over a quarter did so to offset debt. The pandemic has increased fears from U.S.

Forecasting 56

Forecasting Treasury Economics Finance 56

PYMNTS

OCTOBER 20, 2020

It’s just a week into the earlier-than-usual 2020 holiday selling season and already three facts are clarifying the retail picture: consumers are going to spend less overall, they are going to spend more time online and they don’t want to touch anything in the process. Some forecasts put total retail spending slightly ahead of last year.

eCommerce 63

eCommerce Retail Education Forecasting 63

PYMNTS

FEBRUARY 18, 2020

Walmart is in good company, of course – joining Macy’s, Kohl’s and Target on the roster of retailers that were seeking solid performance during the year’s most active and avid shopping season – and came up short. percent forecast. He noted that the company planned to address the scheduling issues, but didn’t elaborate further.

Forecasting 53

Forecasting Sales eCommerce Retail 53

PYMNTS

JANUARY 7, 2021

With COVID as a headwind to our store traffic, we have stepped up our strategy as an omni-always [retailer],” Masood said. “We We know omnichannel is the future of retail and we are making the right investments.”. It is a true revolution from where we were a year ago.”. All in, Bed Bath & Beyond lost $75.4 on Thursday morning.

Sales 82

Sales Forecasting Retail Investments 82

PYMNTS

MAY 20, 2020

But like Walmart, which reported strong numbers on Tuesday, Target also paid a high price for its spiking growth. billion analysts forecast and rising 11.3 As for what’s next, Target has like many retailers withdrawn its forecast for the year in the face of the incredible uncertainty that COVID-19 has created.

Sales 89

Sales Forecasting Numbers Accounting 89

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) 98

Financial Planning and Analysis (FP&A) Planning Forecasting Profit and Loss 98

PYMNTS

OCTOBER 19, 2020

The OECD forecasted that the measures could bring in a further $100 billion in business tax revenues each year. . France Will Proceed With Controversial Digital Services Tax Plan. France will proceed with intentions to gather its controversial digital services tax in the middle of December, Accounting Today reported.

Tax Planning 57

Tax Planning Compliance Planning Economics 57

PYMNTS

SEPTEMBER 27, 2020

The number of shares to be sold and the price range haven't been determined yet, the release stated. Although he was speaking before the pandemic, Chandra forecasted 2020 as a year when customers would be ready for new meanings of buying and selling things, and an increasing desire for connectivity with each other.

Forecasting 109

Forecasting eCommerce Securities Sales 109

PYMNTS

JUNE 2, 2020

The company had also reopened roughly 80 percent of its retail locations per an announcement. As the leader in the sporting goods retail sector, our relationships with key brands have never been stronger and we are in a great place to support this demand.”. Net sales for the first quarter were roughly $1.33

eCommerce 52

eCommerce Sales Forecasting Retail 52